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Investor Presentaiton

Key Takeaways: Targa's Compelling Investment Proposition >> Growing EBITDA >> Increasing Dividend >> Reducing Share Count Valuable infrastructure assets backed by primarily fee-based contracts SA TR TARGA INVESTOR PRESENTATION Significant adjusted EBITDA growth expected YoY and long-term Strong, flexible, investment grade balance sheet Increasing return of capital to shareholders expected YoY and long-term Included in the S&P 500 23 23
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