2022 Budget Sensitivities and Financial Projections

Proven History of Cash Flow Generation and Shareholder Returns $ in billions except per share ADJUSTED EBITDA KINDER MORGAN +9% $0.7 $6.6 $7.2 2016 2022B ■EBITDA generated from assets divested 2016-2021 Note: See Non-GAAP Financial Measures & Reconciliations. a) Per Cash Flow Statement. CFFO FREE CASH FLOW CFFO - Capital Expenditures (a) NET DEBT +11% +82% -18% $4.8 $5.3 $1.9 $3.4 $38 $31 DECLARED DIVIDENDS PER SHARE +122% $0.50 $1.11 2016 2022B 2016 2022B 2016 2022B 2016 2022B 7

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