Archrock CEO Brad Childers Interview at The New York Stock Exchange - Watch Video

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MESSAGE FROM THE CEO

TO OUR STAKEHOLDERS

We are pleased to publish our 2022 Sustainability Report for our employees, customers, shareholders and communities.

Reflecting on 2022, the natural gas demand rebounded as we continued to emerge from the global Covid-19 pandemic. U.S. natural gas production set an annual record in 20221 and global events also reinforced the realization that a more diverse energy mix is needed to satisfy energy demand and preserve energy security. With the U.S. ideally positioned to satisfy both domestic natural gas demand, as well as global LNG demand, the EIA continues to project that consumption of natural gas will grow, through 2050, even as renewable energy continues to be the fastest-growing U.S. energy source.2

These are exciting trends for our core business. At the same time, we continue to acknowledge that more progress must be made to address the emissions intensity of the natural gas industry. And, as the leader in U.S. natural gas compression, we play a critical role in transporting affordable and cleaner energy, for the benefit of America and the world, and we believe we have a duty to continue doing so in a safe and environmentally responsible way.

We’ve built a resilient business over 68 years and our focus in 2022 was further embedding sustainability in our corporate strategy and everything we do. In the dynamic and evolving world of energy, for Archrock, this meant embracing a new purpose:

WE POWER A CLEANER AMERICA™

Throughout this report, you’ll read about how we are high-grading our asset base, harnessing our upgraded technology platform and prioritizing opportunities to help our customers with emissions management. I am proud of the work we accomplished in 2022, including:

This report further details these initiatives as well as other ESG efforts that we believe are essential to delivering long-term value for our stakeholders.

Archrock’s 2022 Sustainability Report continues to align with the Sustainability Accounting Standards Board (SASB) midstream reporting framework. For the first time, the report also includes disclosures based on the Task Force on Climate-related Disclosures framework (TFCD).

With gratitude for your interest in Archrock, I invite you to learn more about our sustainability approach, performance, and continued commitment with respect to environmental, social and governance matters.

D. Bradley Childers
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Brad Childers
President and Chief Executive Officer

1 EIA, Today in Energy https://www.eia.gov/todayinenergy/detail.php?id=54959
2 EIA, Annual Energy Outlook 2022. https://www.eia.gov/outlooks/aeo/

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