Sec Form 4 Filing - ISQ Global Fund II GP LLC @ Kinetik Holdings Inc. - 2025-03-04

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ISQ Global Fund II GP LLC 2. Issuer Name and Ticker or Trading Symbol Kinetik Holdings Inc. [ KNTK] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 600 BRICKELL AVENUE, PENTHOUSE 3. Date of Earliest Transaction (MM/DD/YY) 03/04/2025 (Street) MIAMI, FL33131-3067 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 03/04/2025 S 3,952,431 D $ 55.63 1,044,520 I See Explanation of Responses ( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other ISQ Global Fund II GP LLC 600 BRICKELL AVENUE PENTHOUSE MIAMI, FL33131-3067 X I Squared Capital, LLC 600 BRICKELL AVENUE PENTHOUSE MIAMI, FL33131-3067 X ISQ Holdings, LLC 600 BRICKELL AVENUE PENTHOUSE MIAMI, FL33131-3067 X Wahba Sadek 600 BRICKELL AVENUE PENTHOUSE MIAMI, FL33131-3067 X Bhandari Gautam 600 BRICKELL AVENUE PENTHOUSE MIAMI, FL33131-3067 X Signatures ISQ Global Fund II GP, LLC, By: /s/ Gautam Bhandari, Director 03/06/2025 Signature of Reporting Person Date I Squared Capital, LLC, By: ISQ Holdings, LLC, its managing member, By: /s/ Gautam Bhandari, Manager 03/06/2025 Signature of Reporting Person Date ISQ Holdings, LLC, By: /s/ Gautam Bhandari, Manager 03/06/2025 Signature of Reporting Person Date /s/ Sadek Wahba 03/06/2025 Signature of Reporting Person Date /s/ Gautam Bhandari 03/06/2025 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The securities are directly held by Buzzard Midstream LLC. ISQ Global Fund II GP, LLC ("Fund II GP") is the general partner of the members of the indirect owners of Buzzard Midstream LLC and, in such capacity, exercises voting and investment power over the securities directly held by Buzzard Midstream LLC. I Squared Capital, LLC ("I Squared Capital") is the sole member of Fund II GP. ISQ Holdings, LLC ("ISQ Holdings") is the managing member of I Squared Capital. Each of Sadek Wahba and Gautam Bhandari is a member of ISQ Holdings and disclaims beneficial ownership over the securities reported herein except to the extent of his pecuniary interest therein.

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