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Investor Presentaiton

MATTERHORN EXPRESS PIPELINE ENLINK MIDSTREAM EXPANDING DOWNSTREAM EXPOSURE THROUGH PERMIAN TAKEAWAY TRANSPORTATION INVESTMENT Permian Basin The Waha Hub KATY • • . Matterhorn Express Pipeline Transportation capacity of up to 2.5 Bcf/d from Waha Hub to Katy, TX through 490 miles of 42" pipe Direct connections to processing facilities in the Midland Basin through approximately 75-mile lateral Final investment decision reached May 2022 based on long-term contracts with high quality shippers Expected in-service date 3Q24 Equity partners include White Water Midstream (operator), EnLink (15% interest), Devon and MPLX Project financing to be put in place at the partnership level . Attractive returns on FID case have potential to improve with additional volume commitments EnLink's total expected 15% equity investment: ~$100MM of which ~$70MM is expected to be spent in 2022 with the balance in 2023 September 2022 Investor Presentation 18
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