Kinder Morgan Market Opportunity and Financial Overview

$3.3bn Committed Growth Capital Project Backlog as of 12/31/2022 Expect 62% of backlog capital in service in 2023, 22% in 2024, and 16% beyond KINDER MORGAN $ million Natural Gas Products Terminals Energy Transition Ventures Subtotal EBITDA build multiple CO2 Total 53% for end-use, 20% supply-push, 25% G&P, 2% CCS Renewable diesel projects Renewable feedstocks & VRU emission reduction projects 98% RNG facilities; 2% CCS project TOTAL LOWER CARBON $ 2,121 $ 2,121 180 73 281 200 331 331 $ 2,912 $ 2,724 ~3.4x ~3.4x $421 $ 3,333 EOR projects Lower carbon investments ~82% of backlog ~ Expect annual growth capital spend of $1-2 billion going forward, compared to ~$2-3 billion historically Note: The EBITDA build multiple reflects KM share of estimated capital divided by estimated Project EBITDA (a non-GAAP measure). See Non-GAAP Financial Measures & Reconciliations. Figures may not sum due to rounding. 9

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