Highlights since last Annual Meeting 4 Veresen Integration • Successfully integrated the two organizations realizing expected synergies and a full year contribution from assets Safety Operational Capital Markets Pembina continues…
Purpose of Pembina To be the leader in delivering integrated infrastructure solutions connecting global markets 5 Customers choose us first for reliable and value-added services Investors receive sustainable industry-leading total…
Customers
Leasehold Map Map
The Pembina Store: integrated, customer-focused services Gas & NGL Value Chain (\"HVP\") Oil/C5/Oil Sands Marketing Pipelines Terminalling NGL Pipelines Storage Fractionation Distribution Consumption Gathering, Processing,…
250 230 106 625 330 133 125 245 0 500 1,000 1,500 2,000 2,500 3,000 3,500 Pre Expan sio n 199 7 Syncrude 200 1 Horizon 200 7 Cheecham 200 7 Nipisi & Mitsu e 201 1 Pha se I, II & III 201 3 - 201 7 AEG S & Van…
Largest third-party gas processor serving the WCSB Net processing capacity Large-scale field processing asset base complemented by strategically-located mainline extraction plants 6.1 bcf/d(1) (1) All capacities are shown as net to…
Largest fractionation capacity serving the WCSB Net fractionation capacity ~350+ mbpd of NGL fractionation capacity across premier liquids markets: Alberta, Sarnia and US midcontinent 356 mbpd(1) (1) All capacities are shown as net…
Leading hydrocarbon storage position Net storage capacity One of Canada\'s largest storage owners, providing our customers great flexibility See \"Forward-looking statements and information.\" 6.5 mmbbls 14.3 Merchant Underground…
Customers choose us first for reliable and value added services \"Forward-looking statements and information.\" Pembina offers unequalled, integrated solutions that provide flow assurance, price certainty and netback protection ?…
Investors
Record setting 2018 financial performance Pembina is well positioned to grow beyond our 2018 record year 15 2017 2018 31% increase in Adjusted cash flow from operating activities per common share(1) (1) See \"Non-GAAP &…
Financial Guardrails We remain committed to building our business within the Financial Guardrails Maintain target of 80% fee-based contribution to Adjusted EBITDA(1) Maintain strong BBB credit rating(4) Target 75% credit exposure…
$3,000 2015 2016 2017 2018 2019E Adjusted EBITDA per Share Adjusted EBITDA Transformational growth is generating record financial results Pembina has delivered on its promises and created a stronger foundation for long-term growth…
Dividend growth supported by growing cash flow Strong history of growing Pembina\'s dividend and adjusted cash flow per share 5.3% dividend increase announced May 2, 2019 (1) Assumes a $0.20 per share monthly dividend from May 2019…
700 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Relative Total Return (100 = January 1, 2009) Proven long-term track record of shareholder value creation (1) Source: Bloomberg. (2) Compound average annual growth rate from…
Commitment to a strong BBB credit rating Pembina remains committed to prudent financial management & maintaining a strong BBB credit rating (1) Debt to Adjusted EBITDA calculated as total debt on a proportionate consolidation basis…
Employees
Employees say we are the \'employer of choice\' and value our safe, respectful, collaborative and fair work culture Recognized for being Employee summary (1) a top employer (1) As at December 31, 2018 (2) Recordable injury rate is a…
Communities
Communities welcome us and recognize the net positive impact of our social and environmental commitment Looking forward, we have committed to investing $10 million in 2019 in communities where we have a presence We invest in:…
Sustainability at Pembina • In 2018, Pembina released its inaugural Sustainability Report, consolidating and sharing our work in the areas associated with corporate sustainability • The report is rooted in the way we do business,…
What is next? Doing more of the same Doing new things that strengthen and diversify our value chain
Pipeline Division Strategic footprint supports staged expansions, enabling timely and reliable egress solutions for customers 28 Future opportunities • Phase IX Peace pipeline expansion • Alliance expansion • Gathering systems…
Facilities Division Facilities Division is actively expanding upon existing assets while evaluating new growth opportunities 29 Duvernay II and Duvernay III Hythe Developments Secured projects(1) • Duvernay II • Duvernay III •…
Facilities Division Prince Rupert LPG Export Terminal • Developing the Prince Rupert LPG Export Terminal with an expected capital cost of ~$250 million • Permitted up to ~25 mbpd of LPG export capacity with expansion opportunities…
Pembina PIC • Alberta-specific operating and project execution experience • Pembina is responsible for aggregating 100% of CKPC propane feedstock • PDH & PP experience, along with global marketing channels • PIC will market 100%…
New Ventures Division Jordan Cove LNG Pembina is proposing to develop a world-scale LNG export facility to create new gas markets for our customers • Draft Environmental Impact Statement from FERC • Non-binding off-take agreements…
Pembina\'s value proposition To be the leader in delivering integrated infrastructure ? Diverse, integrated, strategic assets serving world-class geology ? Visible growth while conforming to our financial guardrails ? Value chain…