Q1 Highlights and Growth Prospects

2022 Financial Outlook EBITDA Guidance1 ($Billions) $14.0 +9% DCF/share Guidance¹ $5.20 - $5.50 $15.0-$15.6 $4.96 2021 2022e 2021 +8% 2022e Solid EBITDA & DCF growth outlook ENBRIDGE® Tailwinds/Headwinds to Full Year Guidance + (1) Adjusted EBITDA and DCF/share are non-GAAP measures. Reconciliations to the nearest GAAP measures are included in the Q1 earnings release and other documents available at www.enbridge.com. (2) Approximately 65% of EBITDA is derived from assets with revenue inflators and 15% of EBITDA is derived from assets with regulatory mechanisms for recovering rising costs. • . Strong Q1 performance Robust system utilization • Energy Services • Rising interest rates 80% of EBITDA2 have inflation protection 21

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