Kinder Morgan Energy Infrastructure Deck

KINDER MORGAN Red Cedar Carbon Capture and Sequestration Project Utilizing KM's assets and expertise to enable an accretive CCS project Overview Red Cedar Gathering (RCG) is a natural gas midstream joint-venture between Southern Ute Indian Tribe Growth Fund (51%) and Kinder Morgan (49%) in southern Colorado A term sheet has been executed and definitive agreements are being finalized between RCG and Kinder Morgan ETV to transport and permanently sequester CO2 Scope - RCG will install carbon capture equipment at two natural gas treating facilities with the ability to capture up to 400,000 metric tons per year of CO2 and deliver the captured CO2 to Kinder Morgan's existing Cortez pipeline Kinder Morgan will be responsible for transporting the CO2 to an existing Kinder Morgan Class II well in the Permian Basin and permanently sequestering the CO2 Project Details MRV plan has been approved by the EPA and permit modifications have been submitted to Texas Railroad Commission El Paso Colorado Red Cedar Facilities New Mexico Cortez CO2 pipelines × Oil fields Denver City SACROC Tall Cotton Snyder Midland Goldsmith Katz - Net capital investment of less than $50 million Yates McCamey Texas Iraan Project returns competitive with traditional business Target in-service by Q4 2024 Ownership in RCG JV, existing CO₂ pipeline network, and downhole experience allow KM to participate in the entire CCS project value chain 23

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