2022 Budget Sensitivities and Financial Projections

All Energy Sources Required to Meet Demand Outlook Total energy demand expected to grow >20% GLOBAL TOTAL ENERGY DEMAND BY FUEL Exajoules 2020, 2030, 2040 13% 28% 2020-2040 growth in Exajoules 200 17% 2040 % mix (10) 10 150 100 50 19% 24% Renewables Nat Gas Other Oil products Biofuels Biogas Coal Asia Pacific Africa KINDER MORGAN 30 30 50 50 70 70 Middle East Other Asia Pacific accounts for 55% of total growth Central & S. America Eurasia North America Europe Based on IEA data from the IEA (2021) World Energy Outlook, World Energy Outlook 2021 - Analysis – IEA. All rights reserved; as modified by Kinder Morgan. STEPS (Stated Policies) scenario. Note: Other includes nuclear, modern solid biomass, and traditional biomass. 11

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