Gibson Energy (GEI) investor relations material

Strategic positioning and growth outlook

• Operates critical, best-in-class liquids infrastructure with over 25 million barrels of terminal capacity in North America, handling 1 in 4 WCSB barrels and ranking as the second largest crude export terminal in North America.

• Focused on disciplined, organic infrastructure growth, targeting 7%+ annual Infrastructure EBITDA per share growth and 100%+ total shareholder return by 2030.

• Asset base is strategically aligned with long-term global oil demand growth and North American export expansion, with scalable assets and expansion opportunities.

• Growth strategy includes small, high-return projects, major expansions, and acquisitions, such as the $400 million Chauvin infrastructure asset purchase.

• Maintains a disciplined approach to capital allocation, prioritizing infrastructure investment, balance sheet strength, and sustainable dividends.

Financial performance and stability

• Achieved industry-leading safety performance with a 0.22 TRIF and a strong safety culture.

• Over 95% of infrastructure revenues are secured by take-or-pay and high-quality fee-for-service contracts, with more than 85% from investment grade customers.

• Infrastructure EBITDA per share grew at a 9% CAGR from 2021–2025 and is targeted to grow at 7%+ CAGR through 2030.

• Dividend yield stands at 6.5%, with seven consecutive annual increases and over $1.4 billion returned to shareholders since 2021.

• Maintains investment grade credit ratings (S&P BBB-, DBRS BBB (low)), with leverage ratios tracking toward target ranges.

Asset highlights and expansion initiatives

• Hardisty Terminal offers dominant land position, exclusive rail access, and scalable DRU operations with long-term contracts.

• Edmonton Terminal expanded with new tanks and long-term agreements, enhancing connectivity and committed volumes.

• Moose Jaw facility processes 24,000 bbl/d, recently expanded tankage, and offers a diverse product range.

• U.S. Gateway Terminal achieved 15–20% EBITDA growth post-acquisition, with enhanced connectivity and storage capacity.

• Wink Terminal expansion and integration with Gateway drive incremental volumes and supply liquidity, with 60% of throughput from investment grade customers.