(R)Evolution 2009-2050: Transforming Energy

Dividend growth outlook Annualized dividend per share (1,2) $1.26 ~7% CAGR $2.19 5% increase per year 42% 50% 45% 45% 35% 40% payout ~40% Average payout of ~46% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022E 2023E 2024E 2025E Forecast to be within AFFO payout ratio target range of 45% to 55% through 2025 1) Subject to market conditions, economic outlook, cash flow forecast, and Board approval at the time 2) 2013 to 2021 annualized dividend based on year-end quarterly common shares dividend declared 22

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