Financial Framework and Capital Discipline

Demonstrating ESG Leadership Long-Term Value Creation is Consistent with Strong ESG Performance MSCI BBB (2018) A (2022) * *Rating: Lower is better SUSTAINALYTICS CDP DISCLOSURE INSIGHT ACTION 41st (2018) 8th * (2022) (2018) *Percentile: Lower is better vigeqiris * (2022) 31st (2018) *Rating: Lower is better Rating 48th * (2022) *Score: Higher is better Keyera can play a leading role in the transition to a low carbon economy Meaningful emissions reduction to date Emission intensity lowered by 12% from 2019 to 2021 Absolute emissions down by 4% from 2019 to 2021 S Diversity & Inclusion program update 50% female SVP 36% female board By 2025, reduce our emissions intensity by 25% from 2019 levels 0.052 By 2035, reduce our emissions intensity by 50% from 2019 levels E G Strong Corporate Governance • • 100% independent board . • 98% average say on pay voting result Compensation linked to ESG performance See slide 22 for notes regarding this slide Disclosure Transparent ESG Disclosures • Second ESG report published November 2022 Inaugural Climate Report published November 2021 Carbon intensity (t CO₂e/m³) 0.039 0.026 Completed 2025 target +25% 2035 target +50% 0.013 0 Carbon p KAPS, Wildhorse intensity in Gathering & 2019 Processing optimization (Reduced emissions by ~200,000 tonnes of CO2 from 2019 to 2020) Operational efficiency Renewables & low-carbon power New Carbon intensity by ventures, 2035 including CCUS & hydrogen 5

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