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Investor Presentaiton

Strategically Located Terminal Assets Over 25 mmbbl of total terminal capacity at strategically situated North American hubs GIBSON ENERGY INVESTOR PRESENTATION Hardisty + Edmonton + Ingleside 13.5 mmbbl Leading market position in the heart of the strategic Hardisty footprint ■ Touches 1 in 4 barrels in the WCSB Exclusive access to the only unit train rail terminal at Hardisty through USD joint venture ■Diluent Recovery Unit ("DRU") with 50 kbbl/d inlet capacity ■ Potential for additional DRU phases (1) Inclusive of two 435 kbbl tanks currently under construction. (2) Per RBN; second largest facility based on 2022A volumes. 3.0 mmbbl (1) Strategically situated with respect to major egress pipelines (Enbridge and Trans Mountain Pipeline) and major refineries (Imperial and Suncor) Two tanks under construction (870 kbbl) sanctioned in May 2023 with Cenovus Energy (3) Assumes completion of the connector between STGT and the Cactus II Pipeline which is currently in progress. 8.6 mmbbl Second-largest U.S. crude oil export terminal by capacity(2) ■ One of only two Texas Gulf Coast crude export terminals with VLCC capabilities Up to 2.7 mmbbl/d of pipeline connectivity to the Permian basin (3) Opportunity to increase storage capacity and/or throughput
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