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South Texas Location Advantages Southern Louisiana LNG Risks Gas Supply Access Risk LNG corridor plus other regional gas demand (Ammonia, Chemicals etc.) Pipeline transport constraints limit mitigation of supply imbalance Geographic Concentration Risk The State of Texas offers the deepest inventory of economic natural gas resource in the world 700 Tcf of natural gas resource in the Permian Basin and Eagle Ford Shale combined¹ The Permian Basin and Eagle Ford Shale will produce significant quantities of low-cost natural gas for decades Enbridge sponsored Rio Bravo Pipeline connects Rio Grande LNG to the significant, low-cost gas supplies in the Permian and Eagle Ford basins • Weather Risk Louisiana LNG Geographic Concentration Risk Supply Concentration - mtpa 2 2030 Total Upper Tx. / La. LNG Supply Capacity 85 Global LNG Supply Capacity (Forecasted) 504 Tx. / La. Border Supply Capacity as % of Global Supply 17% Weather Risk - Hurricanes Since 1990 No. of Category 3 to 5 storms landing in Louisiana No. of Category 3 to 5 storms landing near Brownsville 10 1 Susceptible to single event catastrophic risk With upper TX Gulf Coast supply included, forecasted to be Global LNG capacity by 2030 17% of - 2020 was most active hurricane season in Louisiana history Marcellus 530 Tcf Two category 4 hurricanes landed in LNG corridor over last 15 months Pipeline capacity constraints restrict Marcellus and Haynesville supplies into Southern Louisiana Permian 600 Tcf HV 200 Tcf LOUISIANA TEXAS Eagle Ford 100 Tcf LNG facilities operating and under construction Rio Grande LNG Gulf of Mexico • Rio Grande LNG is only fully permitted LNG facility in South Texas Rio Grande LNG benefits from ample Permian / Eagle Ford gas supply Brownsville area has not incurred a hurricane strength storm since 2008 1 Permian, Eagle Ford, Haynesville (HV) and Marcellus natural gas resource data from Enverus | 2 Source: Wood Mackenzie - includes Operating and In Construction liquefaction capacity from Calcasieu Pass, Cameron, Freeport, Golden Pass, and Sabine Pass RIO GRANDE LNG 7

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