2022 Investor Day Presentation

US NG 2022-2026E COMPARABLE EBITDA (1) OUTLOOK Best-in-class network with traditional and transitional opportunities to grow C$ Billions 5.0 4.0 3.0 2.0 1.0 0.0 2022E CAGR 5% 4.8 3.9 2026E OOOOO 0000000000 О 00000 OOOOO OOOOOOOOOO O 00000 00000 00000 0 00000 2022 average foreign exchange assumption USD/CAD: 1.28; 2026 average foreign exchange assumption USD/CAD: 1.33 (1) Comparable EBITDA is a non-GAAP measure. See the forward-looking information and non-GAAP measures slide at the front of this presentation for more information. + Comparable EBITDA (¹) growth derived from secured capital program and asset optimization + Strong fundamentals, solid strategic vision and consistent execution + Multiple platforms for growth: Optimization/modernization of assets •Traditional in-corridor growth, including next-wave LNG, LDC, power generation • and supply access Extend our low-carbon solutions and synergistic opportunities 47

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