2022 Investor Day Presentation

ENERGY SOLUTIONS FUNDAMENTALS Hydrogen and CCUS to grow in North America Regardless of the pace of adoption for low-carbon energy solutions, TC Energy is investing to align with evolving customer demand Hydrogen production, North America CO2 captured, North America 00000 + LEVERAGING OUR FOOTPRINT North America-wide footprint is a springboard for low- carbon energy solutions + CUSTOMER DRIVEN MMtoe MMt CO2e 2X 5X 400 200 100 200 14X 39X • Partnering with end-users to develop customer-driven solutions + STRATEGIC BETS ● Capital-light investments building internal capacity in low-carbon solutions and new technologies + PORTFOLIO MIGRATION 0 0 2022 2050 2050 2022 Blue hydrogen (Inflections 2022) (Green Rules 2022) Green hydrogen Grey hydrogen 2050 2050 (Inflections 2022) (Green Rules 2022) Investments align with our long-term portfolio migration strategy Note: MMtoe = Million metric tons of oil equivalent MMt CO₂e Million metric tons of CO2 equivalent Source: IHS Markit's Energy and Climate Scenarios, 2022 (now a part of S&P Global Commodity Insights), O2022 by S&P Global Inc. All rights reserved. 16

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