Aris Water Solutions, Inc. Publishes 2022 Sustainability Report

Aris Water Solutions, Inc. (NYSE: ARIS) (“Aris,” “Aris Water,” or the “Company”) announced today the publication of its 2022 Sustainability Report, which highlights the significant progress Aris made in 2022 related to environmental, social, and governance goals and details how Aris continues to build upon its recognized leadership in enhancing water sustainability in its areas of operation.

“We are pleased to publish our second annual Sustainability Report, which highlights our commitment, leadership, and progress towards improving water sustainability in the Permian Basin as safe, reliable, and comprehensive water management is of critical importance to our customers and the communities in which we operate,” said Amanda Brock, President and CEO of Aris. “Looking forward, we continue to lead collaborative industry efforts to evaluate and pilot technologies to further enhance water stewardship through the beneficial reuse of produced water beyond the oil and gas industry. We are committed to continued, sustainable growth that benefits all of our stakeholders.”

Highlights from the 2022 Sustainability Report include:

• 144% annual increase in produced water recycled volumes, reducing the extraction and use of groundwater from Permian Basin aquifers by over 4.5 billion gallons in 2022. ¹
• 27% decrease in Scope 1 emissions primarily through continued electrification of our assets.¹
• Aris exceeded its 2022 Sustainability Performance Target (“SPT”) under its Sustainability Linked Bond, the first in the produced water infrastructure industry. Greater than 70% of water Aris sold during 2022 was recycled produced water, exceeding the SPT of 60%.
• Executed a Strategic Agreement with Chevron and ConocoPhillips, joined in early 2023 by ExxonMobil, to pilot and implement technologies to treat produced water for beneficial reuse in the Permian Basin.
• Selected by the Department of Energy and the National Alliance for Water Innovation to receive funding to evaluate promising desalination technologies for treating produced water.
• Continued focus on health and safety including a 73% reduction in Total Recordable Incident Rate¹.

The Report also includes tables providing supplementary data for Company energy usage, emissions, water intensity, safety, diversity, human capital management, board composition, and water releases.