• Equity investment into Kimmeridge’s SoTex HoldCo marks Mubadala Energy’s U.S. market entry and ambitious expansion strategy
• Kimmeridge’s highly scalable upstream gas and LNG business comprises currently producing upstream gas assets and a pre-FID LNG project

Abu Dhabi, New York & Houston – 10th April, 2025 – Mubadala Energy, the Abu Dhabi headquartered international energy company, has today signed an agreement with Kimmeridge, the energy-focused alternative asset manager, to acquire a 24.1% interest in Kimmeridge’s SoTex HoldCo LLC (“SoTex”), via the issuance of new equity.