Investor Presentation January 2024

Our Integrated Value Chain High Barrier-to-Entry Asset Base with Access to High Value Markets Customers Raw Gas • Tim NGL Spec Products External Markets Gathering & Processing Strategically located gas plants in the liquids-rich Western Alberta 4,400 kilometers of gas gathering network Liquids Infrastructure Highly utilized fractionation, storage, transportation and upgrading assets with high barriers to entry Industry-leading condensate system Largest underground storage position in Alberta 000 OO Marketing Utilizes Keyera's infrastructure to access highest value markets Demonstrated effective risk management program Difficult and Cost Prohibitive to Replicate Our Asset Base End Users 12

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