2022 Investor Day Presentation

U.S. NATURAL GAS PIPELINES Corporate strategy alignment and key takeaways B 540 T $ 240 • Showcase sustainable growth in cash flows Tracking to record comparable EBITDA (1) for 6th consecutive year US$3.6 billion of capital in service in 2022/2023 • Security, reliability and affordability underpin longevity of natural gas in energy mix . • • Demonstrate the resiliency of our portfolio. Highly contracted firm capacity Throughput +11% since 2018 Prudent cost recovery across portfolio Modernization grows our rate base, enhances reliability, improves efficiency and reduces our GHG intensity • • Provide a clearly defined funding plan Project execution focused History of attractive 6-8x build multiples • Potential to accelerate rate case timing (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. 51 E

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