Common Stock of Summit Midstream Corporation to Commence Trading on NYSE on Thursday, August 1

Corporate Reorganization - Summit Midstream Partners, LP will complete its conversion from a master limited partnership to a C-corporation on August 1, 2024, with unitholders becoming shareholders of Summit Midstream Corporation [1] - The common stock will begin trading on the New York Stock Exchange under the ticker symbol "SMC" on the same date [1] - The Corporate Reorganization was approved by unitholders at a Special Meeting held on July 18, 2024 [1] Share Exchange Details - Each of the 10,648,685 common units will be exchanged for one share of common stock of New Summit, with a par value of $0.01 [2] - Additionally, 65,508 Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units will be exchanged for one share of Series A Floating Rate Cumulative Redeemable Perpetual Preferred Stock, also with a par value of $0.01 [2] - New Summit does not plan to list the Series A Preferred Stock on any securities exchange [2] Company Overview - Summit Midstream Partners, LP focuses on developing, owning, and operating midstream energy infrastructure assets in key unconventional resource basins in the continental United States [3] - The company provides natural gas, crude oil, and produced water gathering, processing, and transportation services under long-term, fee-based agreements [3] - Key operational areas include the Williston Basin, Denver-Julesburg Basin, Fort Worth Basin, and Piceance Basin [3]