Kinder Morgan Market Opportunity and Financial Overview

Compelling Investment Opportunity Strategically-positioned assets generating substantial cash flow with attractive investment opportunities Pacific Northern NATURAL GAS PRODUCTS TERMINALS ▲ Terminals ▲ Terminals 16 Jones Act tanker Storage Processing LNG facilities TCGT Calnev Mojave KM Midstream Double H WIC CIG CP NGPL EPNG Cortez KM Midstream FEP MEP CO2 CO2 source fields Oil fields Operational RNG plants RNG plants under development LNG production & fueling facilities ◆ Operational medium BTU plants TGP Utopia NGPL TGP PPL Elba Express SNG ELC Pacific Sierrita Wink KM Midstream KMLP GLNG FGT PHP Cypress KMCC/ Double Eagle CEPL Stagecoach KINDER MORGAN Largest energy infrastructure company in the S&P500 Stable cash flows with ~67% take-or-pay or hedged earnings(a) Strong balance sheet with flexibility Attractive returns on growth projects ~6% current yield & healthy dividend coverage Top 10 dividend yield in the S&P500 ~$2.1 billion of share repurchase program remaining Highly-aligned management with ~13% share ownership Positioned for energy future with a vast network of critical assets & low-carbon focus a) Based on Adjusted Segment EBDA (a non-GAAP measure) per 2023 budget. See Non-GAAP Financial Measures & Reconciliations. 34

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