APA : Sustainability Report (APA 2025 ReportingStandardsandFrameworks)

APA

Published on 07/01/2025 at 15:39

Reporting Standards and Frameworks

03 GRI 12 Ipieca 16 SASB 17 TCFD 18 U.N. SDGs 20 Glossary

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Reporting Standards

APA has prepared its sustainability publications in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards, including the updated GRI 1: Foundation 2021, GRI 2: General Disclosures 2021 and GRI 3: Material Topics 2021, for the reporting period of January 1, 2024, to December 31, 2024. We also include indicators from Ipieca's Sustainability Reporting Guidance for the Oil and Gas Industry, the Sustainability Accounting Standards Board's (SASB) Oil and Gas Exploration and Production Sustainability Accounting Standard, recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the U.N. Sustainable Development Goals (U.N. SDGs).

and Frameworks

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GRI 2: General Disclosures 2021

2-1

Organizational details

About APA Corporation, p. 3 Our Operations, p. 4

2024 Form 10-K, p. 1

APA is headquartered in Houston, Texas.

APA is headquartered in Houston, Texas.

2-2

Entities included in the organization's sustainability reporting

2024 Form 10-K, pp. 1-6, 12

2-3

Reporting period, frequency and contact point

Reporting period: Data included in this report cover the 2024 calendar year unless otherwise noted.

Frequency: Annual

Contact: John Montanti, Corporate Secretary, APA Corporation, 2000 W. Sam Houston Pkwy S., Suite 200, Houston, TX 77042

2-4

Restatements of information

Information about any restatements is provided in the footnotes to the relevant data.

2-5

External assurance

Air, pp. 4-5

2-6

Activities, value chain and other business relationships

About APA Corporation, p. 3 Our Operations, p. 4

Local Economic Impact, pp. 42-43

2024 Form 10-K, pp. 1-6, 12, 35-37, F19-F20

Letter From the CEO, p. 2 Air, p. 5

Water, p. 6

Biodiversity and Environmental Stewardship, p. 8 Community, pp. 13-14

2-7

Employees

Our People, pp. 9-10

2-8

Workers who are not employees

Contractor Safety Management, pp. 36-37

Health and Safety, pp. 11-12 Our People, p. 10

Embedded contractors - Embedded Contractors are members of contractor organizations that were selected by Apache and who are subject to Apache's competency requirements. These personnel are supervised by Apache employees, and most work primarily on Apache sites. The number of embedded contractors by operating area include:

Egypt: 76

Suriname: 3

U.K.: 53

U.S.: 414

2-9

Governance structure and composition

Governance, pp. 47-56

2025 Proxy Statement, pp. 2-11

Governance, pp. 15-16

2-10

Nomination and selection of the highest governance body

2025 Proxy Statement, pp. 7-18

Corporate Governance Principles

Corporate Responsibility, Governance, and Nominating Committee Charter

Disc. # Disclosure Title Location in Report/Response/Omission

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Disc. # Disclosure Title Location in Report/Response/Omission

2-11

Chair of the highest governance body

Corporate Governance, pp. 48-49 Engagement, pp. 54-56

2025 Proxy Statement, pp. ii, 2-4, 7-8, 16

Corporate Governance Principles

Governance, pp. 15-16

2-12

Role of the highest governance body in overseeing the management of impacts

Sustainability Overview, pp. 8-11

Crisis Preparedness and Emergency Management, p. 37

Our Approach to Social Investment and Community Engagement, pp. 40-42 Understanding and Addressing Stakeholder Concerns, pp. 43-44 Corporate Governance, pp. 48-49

Engagement, pp. 54-56

2025 Proxy Statement, pp. 4-6, 11

Code of Conduct

Corporate Governance Principles

Corporate Responsibility, Governance, and Nominating Committee Charter Cybersecurity Committee Charter

Governance, pp. 15-16

2-13

Delegation of responsibility for managing impacts

Sustainability Overview, pp. 8-11 Corporate Governance, pp. 48-49 Engagement, pp. 54-56

Corporate Responsibility, Governance, and Nominating Committee Charter

Sustainability issues, including health, safety, security, environment, community affairs and human resources, are overseen by the vice president of Environment, Health and Safety, executive vice president of Administration and senior vice president of Human Resources and Corporate Affairs.

2-14

Role of the highest governance body in sustainability reporting

Internal Audit, p. 51

Corporate Responsibility, Governance, and Nominating Committee Charter

The Board of Directors' CRG&N Committee oversees discussion of the most important sustainability topics covered in this report. The report is reviewed and approved by this committee, select members of our executive team, as well as our Internal Audit function (described on p. 51).

2-15

Conflicts of interest

2025 Proxy Statement, pp. 5, 53

Code of Conduct

Governance, p. 16

2-16

Communication of critical concerns

Compliance and Ethics, pp. 51-53

2025 Proxy Statement, p. 11

Code of Conduct

Governance, p. 16

2-17

Collective knowledge of the highest governance body

Corporate Governance, pp. 48-49

2025 Proxy Statement, pp. 2-7, 12

Corporate Governance Principles

Governance, pp. 15-16

2-18

Evaluation of the performance of the highest governance body

Board of Directors, p. 48

Corporate Governance Principles

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2-19

Remuneration policies

2025 Proxy Statement, pp. 20-53

2-20

Process to determine remuneration

2025 Proxy Statement, pp.20-53

2-21

Annual total compensation ratio

2025 Proxy Statement, pp. 48-49

2-22

Statement on sustainable development strategy

Letter From the CEO, p. 2

2-23

Policy commitments

Our Sustainability Approach, p. 10

Our Health and Safety Philosophy, p. 33 Compliance and Ethics, pp. 51-53

Public Policy and Political Disclosures, pp. 53-54

Code of Conduct

FCPA and Anti-Corruption Compliance Guide

2-24

Embedding policy commitments

Our Sustainability Approach, p. 10

Our Health and Safety Philosophy, p. 33 Compliance and Ethics, pp. 51-53

Public Policy and Political Disclosures, pp. 53-54

Code of Conduct

FCPA and Anti-Corruption Compliance Guide

Air, p. 4

Health and Safety, p. 11 Community, p. 13

Governance, p. 15

2-25

Processes to remediate negative impacts

Understanding and Addressing Stakeholder Concerns, pp. 43-44 Human Rights, p. 45

Compliance and Ethics, pp. 51-53

Governance, p. 16

2-26

Mechanisms for seeking advice and raising concerns

Compliance and Ethics, pp. 51-53

Code of Conduct

Governance, p. 16

2-27

Compliance with laws and regulations

2024 Form 10-K, pp. 10-11, 14, 18, 29

2-28

Membership associations

Industrywide Partnerships, p. 14 Offshore Spill Preparedness, p. 18 Trade Associations, p. 54

Air, p. 4

Water, p. 6

Biodiversity and Environmental Stewardship, p. 8 Health and Safety, p. 11

Community, pp. 13-14

2-29

Approach to stakeholder engagement

Our Reporting Approach, p. 6 Sustainability Engagement, p. 9

Understanding and Addressing Stakeholder Concerns, pp. 43-44

Engagement, pp. 54-56

Community, pp. 13-14

Governance, p. 15

2-30

Collective bargaining agreements

We did not have any employees covered under collective bargaining agreements during the reporting period.

GRI 3: Material Topics 2021

3-1

Process to determine material topics

Identifying Our Most Significant Issues, p. 6

We determined the content for this report based on the issues we understand to be most important to our company and our stakeholders. We conducted an analysis of our most important issues following the materiality guidance in GRI Standard 101: Foundation, 2016. We also followed GRI's principles for stakeholder inclusiveness, understanding sustainability context and completeness.

Disc. # Disclosure Title Location in Report/Response/Omission

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Disclaimer

APA Corporation published this content on July 01, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 01, 2025 at 19:39 UTC.