2022 Investor Day Presentation slide image

2022 Investor Day Presentation

ALBERTA CARBON GRID (1) A world-scale carbon transportation and sequestration solution • Collaboration between TC Energy and Pembina Pipeline • Safe, reliable, cost-effective decarbonization solution for cross-industry emitters • Helping extend WCSB longevity with GHG abatement offerings that support Canada's climate targets • ACG Industrial Heartland hub expected to transport/store up to 10 million tonnes of CO2 per year Alberta CarbonGrid™ ACG SEQUESTRATION HUB AREA OF INTEREST 2021 ACG partnership announced 2022 ACG proposal submitted and selected to move forward by Government of Alberta Key developments in 2022: Carbon sequestration evaluation agreement with the Government of Alberta reached in October Seeking long-term, take-or-pay contracts with appropriate risk/return profile Pipeline Major roads ACG Sequestration Hub Area Of Interest Slave Lake Caribou Range RFPP Emission Source Boundary Existing CO2 Injection Area Alberta Industrial Heartland (1) Project is subject to TC Energy's final investment decision. EXISTING CO2 INJECTION AREA EDMONTON ALBERTA INDUSTRIAL HEARTLAND 2024-2025 Final investment decision ~2030 Anticipated completion of ACG by end of decade 89
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