Financial Framework and Capital Discipline

Clear Pathway to Near-Term EBITDA¹ Growth Our '22-125 Plan 2022 2023E 2024E 2025E Continued ramp up at Wapiti Filling of Existing Capacity South Cheecham Sulphur Terminal Storage Cavern 18 Pipestone Capacity Expansion (~40 MMcf/d) KAPS Zones 1-3 completion and initial capacity ramp-up Sanctioned or Operating Unsanctioned Project Ramp-up See slide 22 for notes regarding this slide Adj. EBITDA¹ ($M) 6-7% CAGR¹ 2022 2023E 2024E 2025E 9 Assumes Marketing realized margin of $250MM

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