2022 Investor Day Presentation

MEXICO'S VALUE PROPOSITION Strong alignment between fundamentals and policy 1 ECONOMIC GROWTH AND GROWING NATURAL GAS DEMAND Stable economic outlook post-pandemic Risk allocation and project returns 3 1 Strong macro fundamentals Strategic Alliance CFE 2 2 Government alignment and support 3 • Growing demand from manufacturing export industries CFE growth and modernization drives gas demand from power sector Growing potential for LNG exports from Mexico GOVERNMENT PRIORITIZES NATURAL GAS • Vehicle for economic and social development Reduce emissions from fuel oil and diesel; key transition fuel • Natural gas supply certainty and reliability · U.S. imports complement domestic gas production UTILITY-LIKE BUSINESS MODEL • Long-term, take-or-pay contracts with creditworthy counterparties • TGNH settlement provides recovery on and of all invested capital O • Risk allocation model reduces potential downside of projects ● New capital spend expected to generate returns with 7-8x build multiples Growth underpinned by strong commercial construct 55

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