ESG & Sustainability June 2019 esg.crestwoodlp.com
A Best-In-Class Midstream Provider 5,675 MM Enterprise Value(1) Headquartered in Houston, TX 849 Employees nationwide Operating results are divided into three segments: Gathering & Processing Storage & Transportation Marketing,…
Connecting the Value Chain Crestwoods diversified asset portfolio provides midstream services and connections from the wellhead to the burner tip Our Transportation Crestwood cleans and Marketing raw natural gas by teams provide…
Key Investor Highlights Well-positioned assets and strong fundamentals support volume growth Strong track record of delivering on guidance targets EXECUTION Best-in-class midstream operator for safety, employee relations, customer…
High Return Projects Drive Growth Crestwoods visible project backlog will drive 20% 3-year EBITDA and DCR/unit CAGR Near-term growth focused in the Bakken, Powder River Basin and Delaware Basin 3-yr investment strategy executed without…
Sustainability at Crestwood At Crestwood, sustainability means operating in an Sustainability ethically, environmentally and socially responsible Governance & Oversight manner; focusing on safety; respecting and supporting our…
Sustainability Strategy Focus Areas Crestwoods long-term sustainability strategy enhances transparency on managements approach to identifying and mitigating key ESG risks Continue to demonstrate our commitment to our Safety and…
CEO Commitment At Crestwood, we are embarking on an exciting time in the growth of our company and the growth of sustainability across the midstream infrastructure sector. As an MLP midstream company leading this charge into a more…
Economic & Governance 10 esg.crestwoodlp.com
Economic Performance In 2018, Crestwood delivered strong financial performance against our goals and street expectations Crestwoods financial results are divided into 3 segments: Gathering & Processing 2018 segment EBITDA 319.9MM…
Corporate Governance Our leadership fosters proper business behavior through strong and sustainable corporate governance and business ethics 5 Board Committees: Audit, Compensation, Finance, Conflicts and Sustainability Board…
Compensation Tied to KPIs Crestwoods Fiscal Crestwoods compensation policy emphasizes 2018 KPIs pay for performance and is directly linked to our Key Performance Indicators (KPIs) Distributable Named Executive Officers total…
Risk Management Operating successfully under sometimes challenging conditions is directly linked to our active risk monitoring efforts ensuring short-term continuity and long-term visibility of our business Crestwoods Enterprise Risk…
Supply Chain Management We continue to pursue sustainable supply chain management as a key element of our sustainability strategy, mitigating risk and reducing adverse impacts across the value chain We expect all contractors to comply…
Government Relations & Regulatory Compliance Government Relations Regulatory Compliance We maintain open and honest dialogue Our philosophy on compliance rests on a with government leaders and regulators at commitment to meet or exceed…
Environment 17 esg.crestwoodlp.com
Climate Change Management of emissions, including greenhouse gases, is an integral part of our overall environmental management program Strive to meet or exceed all regulatory requirements and continuously improve the emissions…
Asset Integrity Safeguarding the health and safety of Crestwoods employees and the public while maintaining the integrity, reliability and efficiency of assets for Crestwoods stakeholders is the cornerstone of Crestwoods asset integrity…
Spill Prevention & Emergency Response Spill prevention and control is fundamental to the success of our business and the preservation of the surrounding environment We maintain emergency response plans tailored to our assets, and work…
Biodiversity & Land Use Crestwood is working to minimize our impacts, reduce habitat disturbances and integrate biodiversity conservation efforts into land use management To mitigate any adverse impacts on the environment, our design…
Social 22 esg.crestwoodlp.com
Health & Safety Safety is our top priority, we are committed to a strong safety culture that exceeds industry standards and continuously improves safety performance From the board room to the field, Crestwood Safety is more than just…
Community Relations We are dedicated to building resilient relationships with communities by respecting their concerns, supporting local economic development and aligning those efforts with our core principles of integrity We have a…
Employee Relations We believe our people are our best asset and critical to our success; our goal is to give our employees the opportunity to be successful in their careers both personally and professionally In 2018, we started our…
Diversity & Inclusion We believe that by embracing an environment in which every one of our employees feels valued and inspired, we foster innovation and empower the team members to take ownership of the companys success In 2018, we…
Appendix 27 esg.crestwoodlp.com
Performance Data Crestwood is committed to enhancing transparency and disclosure of our environmental, social and governance (ESG) performance. As we progress on our sustainability journey, we will continue to improve our key performance…
CEQP Non-GAAP Reconciliations CRESTWOOD EQUITY PARTNERS LP Revised Full Year 2019 Adjusted EBITDA and Distributable Cash Flow Guidance Reconciliation to Net Income (in millions) (unaudited) Expected 2019 Range Low - High Net…