New Energies - Compelling Opportunity Set

ENBRIDGE® Strategic Priorities Safety and Reliability ESG Leadership Strong Balance Sheet Disciplined Capital Allocation Extend organic growth Capitalize on Conventional Growth • Prioritize organic low-capital Modernize existing assets Grow export connections (LNG & Crude Oil) Grow Low-Carbon Platforms Over Time •⚫ Projects that fit our low-risk commercial model Grow onshore and offshore renewables platform Extend into RNG, H2, CCUS value chains 19

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