Investor Presentaiton
Units in 000's
Significant Management Ownership - Continued Buying
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Since January 2021, Energy Transfer insiders and independent board members purchased
~34 million units, totaling ~$323 million
Executive Chairman Consistently
Making Purchases
Insider Ownership vs Peers
Ownership Breakout
18,000
16,000
14,000
More than 32mm units
purchased since August 2021
12,000
10,000
8,000
6,000
4,000
2,000
Insider Ownership %
14%
12%
10%
8%
6%
96
4%
2%
0%
Aug
Dec
Aug Sept Nov
Feb
May
ET
Peers
S&P 500
S&P 500 Energy
2021
2022
2023
Management and Insiders significantly aligned with unitholders
Source: Bloomberg/Company Filings
Peer Group: DCP, ENB, EPD, KMI, OKE, TRGP, PAA, WMB, MMP
1. Includes ~$614k paid in tax liability to retain ~181k units associated with the vesting of a Company grant in December 2021
Insiders
-13%
Retail
-49%
Institutions
-38%
ENERGY
TRANSFER
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