New Energies - Compelling Opportunity Set

A Proven Investment Track Record Significant EBITDA1 Growth (Billion, CAD) Superior Dividend Growth (Dividend per Share) $2.5 2008 $15.0-15.6 $0.66 2022e 2008 $3.44 ENBRIDGE® Industry Leading TSR2 (since 2008) 11.7% 11.0% 8.1% 2022e Midstream Peers S&P 500 Enbridge Our approach has yielded superior growth and value creation (1) Adjusted EBITDA, DCF and DCF/share are non-GAAP measures. Reconciliations to GAAP measures can be found at www.enbridge.com. (2) Average TSR for November 2021 13

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