Investor Presentaiton

Lake Charles LNG Export Terminal Increasing Interest As Global LNG Demand Grows Ր ENERGY TRANSFER ➤ 152-acre site Current Lake Charles Terminal Assets ➤ Two existing deep-water docks to accommodate ships up to 215,000 m3 capacity ➤ Four LNG storage tanks with capacity of 425,000 m3 ➤ Proximity to multiple natural gas producing basins and major pipelines, including direct connection to ET's Trunkline pipeline system ➤ Estimated export capacity of up to 16.5 million tonnes per year Lake Charles LNG Export Project Executed LNG Sale and Purchase Agreements (SPA) - Shell NA LNG - 2.1 million tonnes per annum for 20 years - China Gas - 0.7 million tonnes per annum for 25 years SK Gas 0.4 million tonnes per annum for 18 years - Gunvor Group - 2.0 million tonnes per annum for 20 years ENN Energy -0.9 million tonnes per annum for 20 years ENN Natural Gas - 1.8 million tonnes per annum for 20 years The purchase price for all agreements is indexed to the Henry Hub benchmark, plus a fixed liquefaction charge, and the LNG will be delivered on a free-on-board (FOB) basis SPAs become fully effective upon satisfaction of the conditions precedent by ET, including reaching a Final investment decision (FID) Recently signed nonbinding letter agreements with two Japanese customers for LNG offtake ➤ In active negotiations with several customers for long-term offtake contracts for significant volumes of LNG ➤ Making progress on all aspects of the project – now targeting FID by end of 1Q'23 - Advantaged brownfield project with strategic gulf coast location 14

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