Energy Transfer Corporate Presentation

Gulf Run Pipeline Providing An Efficient Gulf Coast Connection 1. ETF MEP MRT Perryville RIGS EGT Alto Tiger Vernon Zone 1 Panola Westdale Carthage HPL Zone 2 Trunkline Starks Lake Charles LNG Golden Pass Golden Pass LNG Pipeline Excludes ~0.4 Bcf/d of capacity leased by EGT' on Zone 1 FGT SESH روس ENERGY TRANSFER Gulf Run Pipeline ➤ Unparalleled access to prolific natural gas producing regions in the U.S. with ability to deliver Haynesville-area gas to Gulf Coast Region ➤ Zone 1 (Formerly Line CP): ~200-mile, interstate pipeline with a capacity of ~1.4 Bcf/d¹ Zone 2 (New Build): 135-mile, 42" interstate pipeline with a capacity of 1.65 Bcf/d Backed by a 20-year commitment for 1.1 Bcf/d with cornerstone shipper Golden Pass LNG (Qatar Petroleum & Exxon Mobil) - Rate step-up on 1.1 Bcf Golden Pass contract July 1, 2023 Zone 2 has very limited available capacity in the near term, and is fully subscribed beginning in January 2025 Continue to have discussions to add ~1 Bcf of capacity via compression, which would require minimal capital investment ➤ Also have the ability to loop Zone 2 to add another -2 Bcf of capacity, depending on demand Placed in service December 2022, on time and on budget 16

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