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FORWARD-LOOKING INFORMATION

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EBITDA BY BUSINESS

EBITDA BY BUSINESS SEGMENT $ Million $1,000 $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Oil Sands Transportation Conventional Oil Pipelines Bulk Liquid Storage NGL Processing 5

RECENT DEVELOPMENTS • Acquired a large scale NGL and olefin extraction, transportation and fractionation business for $1.35 billion • Secured a long term diluent supply connection agreement on the Polaris pipeline system • Executed a long term bitumen blend connection agreement to NWR’s Sturgeon refinery 6

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