Energy Transitions and Financial Measures slide image

Energy Transitions and Financial Measures

Growing RNG Portfolio KINDER MORGAN LANDFILL-RNG ANNUAL PRODUCTION CAPACITY net to KM GROWTH PLAN Potential to grow +0.6 bcf over next operational (3.8 bcf gross) decade with little capex 3.3 bcf operational (3.8 bcf gross) +2.4 bcf expected online 2023 +up to 0.7 bcf 2024+ =6.4 bcf (6.9 bcf gross) Focused on bringing existing facilities online Expect -6x 2024 Project EBITDA based on ~$1.1bn total RNG portfolio investment PRIMARILY CONTRACTED IN TRANSPORTATION MARKET TODAY Long-term contracts in transportation/RIN market Short term contracted into RINS market, opportunity for fixed-price contracts will grow as voluntary market develops 6.9 bcf of RNG reduces emissions by 3.9 million metric tons CO2 e per year, equivalent to: 9.1mm barrels of oil consumed 439mm gallons of gasoline consumed carbon sequestered by 4.6mm acres of U.S. forest Note: Project EBITDA is a non-GAAP measure. See Non-GAAP Financial Measures and Reconciliations. Emission calculation and equivalencies based on the EPA's Landfill Gas Energy Benefits Calculator. We expect our plants to capture 14.8 bcf/year of feedgas to produce 6.9 bcf/year of RNG. 32
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