Investor Presentaiton

Permian Basin Processing Expansion Culberson Permian Basin plant inlet volumes remain at or near record highs Gaines Dawson Borden Eddy Lea Martin Howard Andrews Bear Processing Plant (In Permian Basin Footprint ՈՐ ENERGY TRANSFER ➤ Extensive Permian Basin Footprint: • Have ~3.7 million acres dedicated to ET processing plants in the Permian Basin with an average of 7+ years remaining on contracts ➤ Permian Bridge Pipeline • Converted ~55 miles of existing 24-inch NGL pipeline to rich-gas service to allow 200 thousand MCF/d of rich-gas to move out of the Midland Basin to the Delaware Basin Phase I was placed into service October 2021 and an expansion was placed into service in Q1 2022 Heavily utilizing to provide operational flexibility between processing facilities in the Delaware and Midland Basins ➤ Grey Wolf and Bear Processing Plants Ector Midland Glasscock Loving • Grey Wolf Winkler Progress) Processing Plant Reeves N Gas Gathering A Pipeline NGL Pipeline Other Natural Gas Pipelines 0 5 10 15 20 Ward Pecos Crane Reagan Upton Crockett • 200 MMcf/d cryogenic processing plants • Expected in service by YE 2022 and Q2 2023, respectively • . Due to significant producer demand, evaluating the necessity and timing of adding another processing plant in the Permian Basin Once in service, the volumes from the tailgate of these plants will utilize Energy Transfer gas and NGL pipelines for takeaway from the basin Addition of the Bear and Grey Wolf Plants will increase total Permian Basin Processing capacity 15

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