Growing Renewable Platform

ENBRIDGE® Takeaways ENB well-positioned for all economic cycles. Advancing two-pronged strategy of conventional and low-carbon growth opportunities Executing conventional and low-carbon growth projects across the business Strategic Priorities: Extend Organic Growth ESG Safety & Operational Leadership Reliability (Foundational) Maintain Strong Balance Sheet Capital allocation priorities unchanged: Disciplined - Strong balance sheet Capital Allocation Equity self-funding model - Return of capital Disciplined allocation of free cash flow Executing on all fronts 25 25

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