Hess Midstream LP Announces Signing of Accretive $60 Million Repurchase From Sponsor and the Public

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• Following these repurchase transactions, we continue to expect to have approximately $1 billion of financial flexibility through 2028 for incremental shareholder returns and debt repayment, including the potential for further unit and share repurchases over this period

  80% confidence

• The repurchased securities will be cancelled following settlement of each repurchase transaction, which is expected to result in increased distributable cash flow per Class A share providing capacity for incremental distribution growth above Hess Midstream's annual distribution target of at least 5% through 2028

  80% confidence

• We continue to execute repurchase transactions as part of our ongoing financial strategy

  80% confidence