Investor Presentation

Customers Are Primarily End-Users of the Products We Handle KINDER MORGAN Net revenues underpinned by investment grade counterparties & credit support | Ratings as of October 11, 2021 CUSTOMER TYPE ■ End-user ■Producer - IG or substantial credit support ■ Producer - non-IG or not rated ■ Midstream Marketer 3% 7% 11% 9% ~70% end-users such as large integrated energy, utilities, refiners & other industrial users 70% CREDIT RATING ■IG or substantial credit support ■ BB+ to B ■B- or below ■Not rated 11% 10% 2% ~76% investment grade rated or substantial credit support 77% Only ~2% of exposure from B- or below rated customers, including non-rated customers in bankruptcy, after collateral & remarketing efforts Note: Based on 2021 budgeted net revenues, which include our share of unconsolidated joint ventures & net margin for our Texas Intrastate customers & other midstream businesses. Pie charts includes 229 customers >$5mm at their respective company credit ratings per S&P, Moody's & Fitch, shown at the S&P-equivalent rating & utilizing a blended rate for split-rated companies, which represent -85% of total net revenues. 8

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