2022 Investor Day Presentation

LIQUIDS PIPELINES Corporate strategy alignment and key takeaways 600 Showcase sustainable growth in cash flows • Recontracting and commercial opportunities to unlock additional capacity and increase long-haul volumes • Pursue disciplined capital-light, in-corridor growth opportunities to enable increased optionality and market access for customers • Continued focus on operational excellence and safety 280 Demonstrate the resiliency of our portfolio. • Industry-leading contracted portfolio Utilizing renewable power to advance our decarbonization strategy • Directly linking one of the world's largest resources to the largest refining markets (1) Comparable EBITDA is a non-GAAP measure. See the forward-looking information and non-GAAP measures slide at the front of this presentation for more information. $ Provide a clearly defined funding plan • Stable earnings and strong free cash flow • • Long-term average maintenance capital ~5% of comparable EBITDA (1) Optionality for increasing cash flow with low growth capital requirement 74

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