Investor Presentaiton

Edmonton Terminal - Overview Attractive terminal position with three tanks under construction ■Long-term MSA in place with principal customer at the terminal that also contemplates the potential future sanction of additional infrastructure on a fixed-fee basis and 25-year term Biofuels blending project sanctioned under the MSA and placed into service in Q2 2022 ■ Constructed 1 x 435kbbl tank for new investment grade energy customer and placed into service in Q3 2023 Constructing 2 x 435kbbl tanks for investment grade, senior oil sands customer for late 2024 in-service RAIL LINE 2 x 435kbbl Tank Under Construction 2024 in-service COLD LAKE EDMONTON TERMINAL RAIL LINE SUNCOR REFINERY AOSPL KML / ENB Connection Waupisoo and Access Inbound COLD LAKE Essential Location ■Located at the heart of the Edmonton Industrial Area ■ Next to two major refineries ■ Have land position to add up to ~1.0mmbbl of tankage beyond tanks currently under construction GIBSON ENERGY INVESTOR PRESENTATION 18 IMPERIAL REFINERY PEACE PEACE COLD LAKE ACCESS CORRIDOR WAUPISOO Trans Mountain Connection (1) TRANS MOUNTAIN TRANS MOUNTAIN EXPANSION (1) Trans Mountain Connection easily modified to connect to Trans Mountain Expansion once operational. ENBRIDGE MAINLINE Flexible Egress Access ■ Near both major egress pipelines (Enbridge and Trans Mountain/TMX) (1) Access to both CN/CP rail lines Flexibility to offer both crude oil or refined products storage as well as inbound/outbound terminalling to customers

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