Investor Presentaiton

22 • • • • Houston Market Highlights Market Highlights Houston MSA is the 5th largest in the United States by population with approximately 7.2 million residents Headquarters to 22 Fortune 500 companies in 2019 For the twelve months ended October 2019, Houston added 80,400 jobs, representing a growth rate of 2.6% Home of the Texas Medical Center - the world's largest medical complex, and NASA's Johnson Space Center where the Mission Control Center is located The Port of Houston is 1st in the U.S. in international waterborne tonnage handled and 2nd in total cargo tonnage handled Houston's population is expected to grow 7.5% from 2020 to 2025 Economic success is projected to continue, with employment growth of 1.7% annually through the year 2040 Select Fortune 500 Companies Good things PHILLIPS 66 come from Sysco ConocoPhillips Enterprise Products PLAINS ALL AMERICAN Houston Franchise 45 10 Houston HALLIBURTON OXY Soogro resources GROUP AUTOMOTIVE HUNTSMAN QUANTA SERVICES WM WASTE MANAGEMENT CenterPoint. Energy CHENIERE KINDER MORGAN TARGA CALPINE W Westlake Chemical NOV Marathon Oil Corporation. Sources: S&P Global, Houston.org, Bureau of Labor Statistics, Forbes.com, Port Houston, Greater Houston Partnership, the Perryman Group. References to Houston refer to the Houston - The Woodlands - Sugar Land metropolitan statistical area. PB LISTED NYSE

View entire presentation