Kinder Morgan Market Opportunity and Financial Overview

Products Segment's West Coast Renewable Fuels Projects Subsidies & state goals for emissions reductions are driving increased RD volumes Particularly in California where stacked subsidies currently average -$4.00/gal (RIN+LCFS+BTC) Expanding our renewable fuel handling capabilities: Project - Northern CA RD by pipeline Bradshaw (Sacramento) San Jose Fresno Carson RD (Port of LA) Southern CA RD blending Colton (inland) Mission Valley (San Diego) Richmond RD (Bay area) Investing ~$73 million Project Description Providing 6 mbbld R99 capacity at truck rack Providing 5 mbbld R99 capacity at truck rack Providing 10 mbbld R99 capacity at truck rack Converting ~500 mbbls storage capacity to RD Providing 15 mbbld R99 capacity at truck rack Increasing blend capabilities to 20% Providing 15 mbbld blended diesel capacity at truck rack Providing 5 mbbld R99 capacity at truck rack Converting ~60 mbbls storage capacity to RD Providing 15 mbbld blended diesel capacity at truck rack Chico Bradshaw Oakland North Line San Jose Nevada California Calnev Los Angeles Colton Expect majority of Southern CA and Northern CA projects in-service 1Q 2023 San Diego Line West Line Indio San Diego Potential for additional expansion opportunities, including RD feedstock logistics KINDER MORGAN Legend Products Pipelines Refined Product Terminals Proposed Renewable Diesel Sites Transmix Facilities Cities/Towns Arizona New Mexico East Line 26

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