Full-Cycle Investment Strategy

...and continue our 14-year history of distribution increases 8% Distributions per unit CAGR $0.69 $1.53 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023F1 2023 distribution increase of 6% is supported by a conservative payout ratio of 68%2 1. 2023F distribution based on YTD June 30, 2023 distributions annualized 2. YTD June 30, 2023 Brookfield│ 6

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