NuStar Energy ESG Presentation Deck

BUILDING RESILIENCE: PIPELINES ARE THE SAFEST, MOST ENERGY-EFFICIENT CHOICE Pipelines are the Best Alternative for Fuel Transportation, Whether Conventional or Renewable Transporting the Volume NuStar Moves in ONE DAY Would Require: ~9,500 Trucks or ~2,500 Rail cars H 百 Sources: "Pipelines are Safest for Transportation of Oil and Gas" Manhattan Institute for Policy Research 2013 "The Permian Basin's Demand for Crude Oil Tanker Trucks Could Quadruple in Q2" Freightwaves 2019 Association of Oil Pipe Lines (AOPL) and Reuters NuStar Responsibly Resilient Pipelines are the SAFEST Mode of Energy Transportation: Trucks are 34 times more likely than liquid pipelines to experience an incident Pipelines have the LOWEST Greenhouse Gas Emissions (GHGs): Trucks emit 467% more than pipelines 15

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