A Compelling Investment Opportunity

Natural Gas Segment Overview Connecting key natural gas resources with major demand centers Asset Summary Natural gas pipelines: ~70,000 Miles NGL pipelines: ~2,700 Miles U.S. natural gas consumption moved: -40% Working gas storage capacity: 657 Bcf 2019B EBDA (a): ~$5.1 billion Project Backlog: $4.4 billion to be completed in 2019-2023(b) Permian takeaway, including de-bottlenecking and new builds LNG liquefaction (Elba Island) Bakken G&P expansions Supply for U.S. power and LDC demand Transport projects supporting LNG exports Exports to Mexico Ruby Mojave EPNG Sierrita LNG Terminals Processing/Treating Plant . Gas Storage a) 2019 budgeted Segment EBDA before Certain Items plus JV DD&A. See Non-GAAP Financial Measures and Reconciliations. b) Includes KM share of non-wholly owned projects. Includes projects currently under construction. Midstream Cochin WIC CIG CP TCGT NGPL Midstream Horizon KINDER MORGAN KMIP Utopia TGP Midstream FEP SNG Elba Express MEP PHP Wedersy Cypress GCX Under Conso KMLP GLNG FGT SLNG-Elba Island 33

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