2022 Investor Day Presentation

A UTILITY-LIKE BUSINESS MODEL Resilient value creation through multiple economic cycles Maintaining dividend growth 22 consecutive years of common share dividend increases with 3-5% expected future growth per annum $Billions 10 $3.60* Comparable EBITDA (1) Performance - 2000-2022E $0.80 2000 CAGR 7% 8 6 4 2 En ron Merchant power demise collapse Oil price collapse Shale revolution Financial crisis COVID-19 & OPEC MLP distress Russia- Ukraine war 0 2000 2005 2010 2015 2020 2022E 2022 *Annualized based on fourth quarter 2022 dividend declared of $0.90 per share. See the forward-looking information and non-GAAP measures slide at the front of this presentation for more information. (1) Comparable EBITDA is a non-GAAP measure. See the forward-looking information and non-GAAP measures slide at the front of this presentation for more information. Segmented earnings is the most directly comparable GAAP measure. Please refer to Appendix A for reconciliations. 27

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