Financial Framework and Capital Discipline slide image

Financial Framework and Capital Discipline

Playing A Role In The Energy Transition Transitioning to A Low-Carbon Economy Carbon Capture & Storage Acid gas injection at six of our existing locations¹ Potential to provide CCS services for customer Emissions Reduction Emissions on intensity and absolute basis lowered by 19% and 4% from 2019 to 2021 • Actively exploring co-generation opportunities to further lower our overall emissions BRITISH COLUMBIA MONTNEY Gordondale Zone 4 Pipestone Grand Prairie North G&P Wapiti ALBERTA Legend Keyera gas processing Keyera liquids infrastructure Keyera liquids pipeline KAPS zone 4 (proposed) 3rd party liquids pipeline Decarbonization Decarbonizing A 15-year solar PPA covering 10% of our total energy consumption came online during Q1/23 Hydrogen CCS/AGI Operations See slide 22 for notes regarding this slide KAPS Simonette 12 Gas Plants OIL SANDS DUVERNAY Keyera Fort Saskatchewan DEEP BASIN South G&P Keylink Rimbey Grand Rapids Access Norlite Clean Fuels Exploring opportunities to help refiners meet CFS requirements using iso-octane Further enhance the value of iso- octane through decarbonization Hydrogen • • 1,290 acres of undeveloped land available for H2 development Existing H2 production Cold Lake Condensate • System Existing H2 pipeline . Cochin Alberta EnviroFuels Southern Lights Options for H2 cavern storage Solvents • Help decarbonize oilsands production through solvents supply. Solvents include Propane and butane 18
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