Kinder Morgan Canada Limited

Strategic Assets Positioned to Support Growing Oil Sands Production

On August 31, 2018, Kinder Morgan Canada Limited (KML) closed the sale of the Trans Mountain Pipeline to the Government of Canada for C$4.5 billion (subject to customary purchase price adjustments)

• Sold assets also include 2.9 mmbbls of regulated tanks, the Puget Sound Pipeline, Kamloops/Sumas/Burnaby Terminals and the Westridge Marine Terminal

Following the close, KML manages a portfolio of strategic infrastructure across Western Canada, which is underpinned by multi-year take-or-pay contracts with high quality customers. KML's two business segments include Terminals and Pipelines:

• The Terminals business unit is composed of an integrated network of crude storage and rail terminals in Edmonton, Alberta, that is one of the largest in the region, as well as the Vancouver Wharves Terminal in British Columbia.
• The Pipelines business unit is composed of the Canadian portion of the Cochin pipeline system and the Jet Fuel pipeline system.

EDMONTON TERMINALS Integrated hub position, contracted under take-or-pay agreements with remaining average term of ~6 years as of 12/31/17 12.1 mmbbls tankage Substantial rail capabilities Final Base Line Terminal tanks placed in-service in Q3 and early Q4 2018
COCHIN PIPELINE Delivers ~110 mbbld of condensate from the U.S. for bitumen blending in Canada, with long-term take-or-pay contracts through 2024 Existing footprint extremely valuable as new cross-border pipeline projects remain challenging
VANCOUVER WHARVES TERMINAL Largest mineral concentrate export/import facility on West Coast of North America Majority of capacity contracted under take-or-pay agreements with remaining avg. term of ~4 years as of 12/31/17 C$43mm diesel storage expansion (expected online in Q1 2021)

KML focuses on stable, fee-based energy transportation and storage assets that are central to the energy infrastructure of Western Canada. We strive to promote shareholder value by increasing utilization of our existing assets while controlling costs and operating in a safe and environmentally responsible way.

Visit Our Businesses to learn more about our terminal facilities and pipeline systems.