Core Viewpoint - Western Midstream Partners, LP (WES) is acquiring Aris Water Solutions, Inc. (Aris), with preliminary results indicating significant interest from Aris securityholders in the merger consideration options available [1][2]. Merger Consideration Details - Aris securityholders can choose from three forms of merger consideration: (i) 0.625 WES Common Units, (ii) a combination of $7.00 in cash and 0.450 WES Common Units, or (iii) $25.00 in cash, with the total cash consideration capped at $415.0 million [2][3]. - Approximately 26.6 million WES Common Units will be issued, and $415.0 million in cash will be distributed to Aris securityholders as part of the merger consideration [3][4]. Election Results - As of the election deadline, holders of 9,589,105 shares of Aris Class A Common Stock and 4,289,350 Aris OpCo Stapled Units opted for the Common Unit Election Consideration [6]. - Holders of 1,901,249 shares of Aris Class A Common Stock and 9,304,608 Aris OpCo Stapled Units selected the Mixed Election Consideration [6]. - A total of 21,247,291 shares of Aris Class A Common Stock and 12,873,151 Aris OpCo Stapled Units were elected for the Cash Election Consideration [6]. Additional Information - The final certified results of the election process will be available shortly before the transaction closes, and the final allocation of the merger consideration will be calculated according to the Merger Agreement [4][5]. - No fractional WES Common Units will be issued; instead, cash will be provided for any fractional amounts [4].

Core Viewpoint - Western Midstream Partners, LP (WES) is set to acquire Aris Water Solutions, Inc. (Aris), with the election deadline for Aris securityholders to choose their merger consideration established for October 7, 2025, and the transaction expected to close on October 15, 2025, pending stockholder approval and customary closing conditions [2][5]. Group 1: Transaction Details - The merger consideration options for Aris securityholders include: (i) 0.625 WES common units, (ii) a combination of $7.00 in cash and 0.450 WES common units, or (iii) $25.00 in cash, with the total cash consideration capped at $415.0 million [5][6]. - Aris securityholders who do not submit a completed election form by the deadline will automatically be deemed to have chosen the common unit election consideration [6]. - The expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act on September 26, 2025, is a significant milestone for the transaction [9]. Group 2: Company Profiles - Western Midstream Partners, LP is a master limited partnership focused on developing, acquiring, owning, and operating midstream assets across several states, including Texas and New Mexico, with a business model that minimizes exposure to commodity price volatility through fee-based contracts [10]. - Aris Water Solutions, Inc. specializes in environmental infrastructure and solutions, providing full-cycle water handling and recycling services aimed at enhancing sustainability for energy companies, particularly in the Permian Basin [12].

Aris Water Solutions, Inc. – Earnings Presentation First Quarter 2025 Cautionary Statements Forward-Looking Statements This presentation and the oral statements made in connection with this presentation contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to, statements, information, opinions or beliefs regarding ...

Aris Water Solutions, Inc. – Earnings Presentation Fourth Quarter and Full Year 2024 Cautionary Statements Forward-Looking Statements This presentation and the oral statements made in connection with this presentation contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to, statements, information, opinions or bel ...