Compounding Long-term Dividends at 5-7% CAGR slide image

Compounding Long-term Dividends at 5-7% CAGR

A Strong Platform with Streamlined Asset Base AltaGas A leading energy infrastructure platform that invests in and operates long-life infrastructure assets that provide stable and growing value for our stakeholders. Everyday we are focused on connecting customers and markets in the most efficient manner possible. Wellhead Midstream GAS Integrated Midstream Business - from wellhead to global markets Legend: AltaGas Midstream Activities Third-Party Gas Gathering & Processing 2.1 Bcf/d¹ Processing NGLS NGL Extraction & Fractionation 65,000 Bbl/d² C3 & C4 C5 Transportation, Storage & Rail Logistics C3 & C4 Export C3 & C4 Global Markets 000 000 6 Facilities: Sales: Local and U.S. Markets >6 MMBIs Storage, Truck and rail transloading; ~4,700 rail cars Fort Saskatchewan - Local Blending ~150,000 Bbl/d³ Export capability 2 Terminals: RIPET, Ferndale VLGC to Asia & Global Markets Washington Gas SEMCOENERGY Retail Energy Marketing Sell natural gas and power directly to residential, commercial, and industrial customers ~513,000 1 customers Utilities ~552,000 AltaGas 55% Utilities 2 customers MARYLAND (ALA-TSX) 45% Midstream 4 DISTRICT OF 3 ~165,000 customers ③ COLUMBIA MICHIGAN VIRGINIA ~2,800 ~$8.0B Regulated Gas Distribution: Employees Market Cap4 US$5.2B 4 ~320,000 customers Rate Base5 Detroit Other Services Efficiency, Technology, Transportation and Generation AltaGas 1. Based on ALA working interest capacity in FG&P and extraction, based on nameplate capacity 2. Based on ALA 100% working interest facilities and ALA % capacity in non-operated facilities, based on nameplate capacity 3. Includes RIPET and Ferndale 4. As of Jan 15, 2024 5. Prior to March 1, 2023, divestiture of the Alaska Utilities to TriSummit Utilities. See "Forward-looking Information" 3
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