Financial Framework and ESG Leadership

Sustained Dividend Growth Through Capital Discipline Target Payout Range 50%-70% of Distributable Cash Flow³ (“DCF”) 8% DCF/sh CAGR¹,3 (since '08) Financial Crisis Commodity Price Collapse COVID-19 Pandemic $3.73 DCF/sh³ 6% Dividend/sh CAGR³ (since '08) $1.96 Dividend/sh MAINTAINED STRONG BALANCE 2.2x 1.9x 2.0x 2.0x 2.0x 2.2x 2.3x 2.5x 2.3x 2.6x 2.9x 2.2x 2.4x 2.5x 2.2x Net debt to adjusted 1.2x SHEET EBITDA 2,3 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 DCF/sh³ See slide 21 for notes regarding this slide Portion of DCF/sh³ paid as dividends Net debt to adjusted EBITDA2,3 ΟΙ 6

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