Financial Framework and ESG Leadership slide image

Financial Framework and ESG Leadership

Playing A Role In The Energy Transition Transitioning to A Low-Carbon Economy Carbon Capture & Storage Acid gas injection at six of our existing locations¹ Potential to provide CCS services for customer MONTNEY Gordondale Zone 4 Pipestone Grand Prairie KAPS Simonette 12 Gas Plants Emissions Reduction Emissions on intensity and absolute basis lowered by 13.5% and 6% from 2019 to 2022 • Actively exploring co-generation opportunities to further lower our overall emissions Decarbonizing 10% of current commercial power supplied by solar via power purchase agreement (PPA) Signed new carbon-free solution PPA to start in 2025. Combined, these PPAs will account for 40% of Keyera's commercial power needs See slide 21 for notes regarding this slide North G&P Wapiti BRITISH COLUMBIA ALBERTA Legend Keyera gas processing Keyera liquids infrastructure Keyera liquids pipeline KAPS zone 4 (proposed) 3rd party liquids pipeline Decarbonization H Hydrogen CCS/AGI Operations OIL SANDS DUVERNAY Access Grand Rapids Norlite Keyera Fort Saskatchewan DEEP BASIN Cold Lake Condensate System South G&P Keylink Rimbey Cochin Alberta EnviroFuels Southern Lights Clean Fuels Exploring opportunities to help refiners meet CFS requirements using iso-octane Further enhance the value of iso- octane through decarbonization Hydrogen • 1,290 acres of undeveloped land available for H2 development Existing H2 production Existing H2 pipeline Options for H2 cavern storage Solvents • Help decarbonize oilsands production through solvents supply. Solvents include propane and butane 17
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