Investor Presentaiton

Targa is Well-Positioned to Support Global Energy Needs LPG exports provide critical source of cleaner fuels for developing nations and help reduce global CO2 emissions 4.9 Billion gallons of LPGs from Targa's facilities exported globally in 2022 Use of LPGs Provides Emission Reductions CO2 Emissions (1) ~70% lower than wood ~50% lower than coal (1) -20% lower than heating oil LPGs LPGs are replacing biomass in many rural communities, and LPG demand is growing in China, India, Indonesia, Bangladesh and across many countries in Africa > Where electricity is not available, the use of LPGs have a positive impact on the health and prosperity for local people in these nations by offering a cleaner energy cooking solution > LPGs are a reliable energy source that is easily transported and stored with significantly lower emissions LPG use supports and enables inclusive economic growth, promotes gender equality, protects the environment, and saves lives ■ Source: World LPG Association (WLPGA) - Based on difference in CO2 emissions from average of propane and butane versus wood, coal, and kerosene. TR TARGA INVESTOR PRESENTATION 20 20

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