Henry Sykes

Good afternoon, and welcome to the 2026 Annual Meeting of Shareholders of Pembina Pipeline Corporation. My name is Henry Sykes. I'm Chair of Pembina's Board of Directors. And in accordance with our bylaws, I'll preside over this meeting as Chair.

Before we proceed with the balance of the meeting, I'd like to start with the land acknowledgment, recognizing that we have people joining us today from numerous locations. As Pembina continues to build strong relationships and partnerships with indigenous communities, land acknowledgments are one way for us to communicate our respect for the land that we all share.

Pembina acknowledges our traditional hosts and thanks them for their graciousness in welcoming us to carry out work on their traditional territories. Pembina plays a role in the economic reconciliation with indigenous peoples' and their respective communities where our operations take place. We acknowledge the future generations and the collective responsibility we all have to these lands. Indigenous peoples are the traditional stewards of the lands and waters where each of us work and choose to live.

We further acknowledge that the indigenous peoples have inhabited these lands and waters since time immemorial. The indigenous peoples territory, culture, truth, traditions, teachings and languages are sacred, and we're thankful to be here today as guests.

Now this meeting is being held as a virtual-only meeting this year. Pembina has been and remains committed to maintaining and upholding shareholders' rights, including in respect of our virtual shareholder meetings. Accordingly, we've ensured that this virtual meeting offers shareholders the opportunity to participate, submit questions and vote at the meeting.

Following the formal portion of this meeting, we'll have