AltaGas Value Proposition slide image

AltaGas Value Proposition

1 Larger Capital-Intensive Projects Projects with >$200MM Capital Spend Pipestone II ■100 MMcf/d sour deepcut processing facility with 20,000 Bbls/d of liquids handling capabilities. ■ 100% contracted under long-term take-or-pay agreements with marquee. independent and investment grade producers. REEF: LPG and Dock 50/50 JV with Vopak to develop large-scale LPG export terminal with a dedicated jetty. ■ Phase 1 capacity 50,000 - 60,000 Bbls/d of LPG export capacity. ■ Site clearing work underway with FID expected in H1/2024. REEF Bulk Liquids Capital efficient expansion of product offering with the addition of bulk liquids (methanol, diesel and bio- diesel). ☐ Project Legend: Notes: *See "Forward-looking Information" AltaGas Sanctioned Advanced, Not Currently Sanctioned Under Evaluation Pipestone III Strong customer demand for additional processing and liquids handling capacity. 53
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