Kinder Morgan Market Opportunity and Financial Overview

Strategy Maximize the value of our assets on behalf of shareholders KINDER MORGAN Stable, fee-based assets Invest in a low carbon future Core energy infrastructure Safe & efficient operator Multi-year contracts -93% take-or-pay, hedged, & fee- based cash flows(a) Established Energy Transition Ventures Group in 2021 $3.3 billion backlog with 82% allocated to lower carbon investments Investing in natural gas, RNG, liquid biofuels, and CCS infrastructure at attractive returns Financial flexibility 4.0x 2023B expected YE Net Debt/Adjusted EBITDA Long-term target remains around 4.5x Low cost of capital Mid-BBB credit ratings Ample liquidity Disciplined capital allocation Conservative assumptions High return thresholds Self-funding capex & dividends for last 7 years Reduced net debt by >$11 billion since 1Q 2015 Enhance shareholder value Maintain strong balance sheet Attractive investments 2023B dividend growth; +2% YoY Share repurchases; $368mm in 2022 Note: Adjusted Segment EBDA and Net Debt/Adjusted EBITDA are non-GAAP measures. See Non-GAAP Financial Measures & Reconciliations. a) Based on 2023 budgeted Adjusted Segment EBDA. K Natural gas storage wellhead, Houston, Texas 4

View entire presentation