Investor Presentaiton

Significant Management Ownership - Continued Buying ՈՐ ENERGY TRANSFER Since January 2021, Energy Transfer insiders and independent board members purchased ~29.4 million units, totaling ~$265 million; including purchases of ~$37mm by its Executive Chairman in November 2022 Insider Purchases since January 2021 Executive Chairman: ~27.9mm units; ~$251mm Board of Directors: ~1.2mm units; ~$11.7mm CEO: ~262k units; ~$1.2mm¹ EVP Tax: ~102k units; ~$867k Insider Ownership % 14% 12% 10% 8% 6% 4% 2% Insider Ownership vs Peers 0% ET Peers S&P 500 S&P 500 Energy Management and Insiders significantly aligned with unitholders Source: Bloomberg/Company Filings Peer Group: DCP, ENB, EPD, KMI, OKE, TRGP, PAA, WMB, MMP 1. Includes ~$614k paid in tax liability to retain ~181k units associated with the vesting of a Company grant in December 2021 Ownership Breakout Retail ~45% Insiders ~13% Institutions ~42% 12

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