Q1 Highlights and Growth Prospects slide image

Q1 Highlights and Growth Prospects

ENBRIDGE® Liquids Mainline Update Mainline Utilization (ex-Gretna, mmbpd) 2021 2022 Average planned volumes: ~2.95 Mainline Negotiation Timeline Dec 2021 Mid 2022 Late 2022 Mid 2023 Late 2023 3 2 2 1 Stakeholder Consultation & Shipper Discussions Underway 0 0 Q1 Q2 Q3 Q4 Q1 Q2e Q3e Q4e Underway Q1 volumes in line with expectations Prepare COS Application . On track for ~2.95 mmbpd full year average Evaluate best path forward 1) Incentive Tolling Option File Negotiated Settlement CER1 Review Mid-2023: framework to take effect 2) Contested COS² Settlement Option File COS Application CER Review Late-2023: framework to take effect Mainline remains highly utilized; Progressing towards a tolling framework to be in place in 2023 (1) Canada Energy Regulator; (2) Cost of Service 14
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