Investor Presentation

U.S. CO2 Emissions Declined Since 2007 while GDP grew ~50% Primarily due to converting coal power generation to natural gas generation U.S. ELECTRICITY GENERATION MIX % of total generation U.S. CO2 EMISSIONS billion metric tons KINDER MORGAN U.S. emissions declined ~14% or ~860 million metric tons 21% 21% 8% 22% 17% 38% 5.0 5.0 5.1 5.2 5.3 5.3 5.5 5.6 5.6 5.7 5.9 5.8 5.8 5.9 6.0 6.0 5.9 6.0 5.8 5.4 5.6 5.4 5.2 5.4 5.4 5.3 5.2 5.1 5.3 5.1 49% 23% 2007 2019 ■ Coal Natural gas ■Renewables ■ Other 2004 2005 2003 1990 1991 1992 1993 1994 1995 ■from coal electric power from natural 1996 1997 1998 1999 2000 2001 2002 Power emissions declined >30% or ~805 million metric tons 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 gas electric power 4.4 3.0 1.4 2018 2019 Obama 2025 goal Biden 2030 goal Biden 2035 goal ■from other sectors from other electric power Under the original Paris Agreement, U.S. was to reduce 2005-level CO2 emissions 26-28% by 2025 By 2019, over half of that reduction goal was already achieved Source: U.S. EIA Electricity Data Browser (net generation) & Monthly Energy Review (Dec-2020); World Bank, Development Indicators, GDP, U.S.$ current (12/16/2020). 20

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