Energy Infrastructure & Transition Overview

Compelling Investment Opportunity Strategically-positioned assets generating substantial cash flow with attractive investment opportunities Pacific Northem Ruby TCGT Calnev Mojave NATURAL GAS storage processing LNG terminals • KM Midstream Double H PRODUCTS TERMINALS A terminals MC CIG CP NGPL KM Midstream EPNG Cortez FEP MEP terminals 16 Jones Act tankers Utopia TGP PPL CO CO, source fields oil fields Elba Express SNG. ELC Pacific Sierrita Wink KM Midstream KMLP GLNG FGT PHP GCX Cypress KMCC/ Double Eagle CFPL KINDER MORGAN Stable cash flows with ~72% take-or-pay or hedged earnings(a) ~7% current yield & almost 2x coverage (b) Top 10 dividend yield in S&P500 Dividends & capex funded with operating cash flow since 2016 Expect up to $450 million available for share repurchases in 2021 Highly-aligned management with ~13% share ownership Positioned for energy future with a vast network of critical assets & low-carbon focus Note: See Use of Non-GAAP Financial Measures. a) Based on Adjusted Segment EBDA per 2021 budget. See Non-GAAP Financial Measures & Reconciliations. b) Based on 2021 budgeted DCF to dividend coverage ratio. 23 23

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