ENVIRONMENTAL, SOCIAL, GOVERNANCE

October 2020

Forward‐Looking Statements

This presentation contains forward‐looking statements based on the beliefs of the company, as well as assumptions made by, and information currently available to our management team (including information published by third parties). When used in this presentation, words such as "anticipate," "project," "expect," "plan," "seek," "goal," "estimate," "forecast," "intend," "could," "should," "would," "will," "believe," "may," "scheduled," "potential" and similar expressions and statements regarding our plans and objectives for future operations, are intended to identify forward‐looking statements.

Although management believes that the expectations reflected in such forward‐looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. You should not put undue reliance on any forward‐looking statements, which speak only as of their dates. Forward‐looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expected, including insufficient cash from operations, adverse market conditions, governmental regulations, the possibility that tax or other costs or difficulties related thereto will be greater than expected, the impact of competition and other risk factors discussed in our latest filings with the Securities and Exchange Commission.

All forward‐looking statements attributable to Enterprise or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained herein, in such filings and in our future periodic reports filed with the Securities and Exchange Commission. Except as required by law, we do not intend to update or revise our forward‐looking statements, whether as a result of new information, future events or otherwise.

© All Rights Reserved. Enterprise Products Partners L.P.

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EPD's Environmental, Social, Governance (ESG)

"The way we do business is as important as the business we do." - Dan Duncan, Founder

We are Committed to...

Our People

The Durability

Sustainable

& Profitability

& Our

Operations

of

Communities

Our Business

2020 ESG Focus:

  • Commitment to the environment by economically reducing emissions, emissions intensity & energy use
  • Commitment to respectfully work with landowners and communities where our assets are located
  • Maintain our assets and the reliability of our systems
  • Support our people through unprecedented times
  • Board and executive alignment on sustainability, including compensation metrics

More information on EPD's ESG efforts can be found in our recently published

2019-2020 Sustainability Report, available on our website at www.enterpriseproducts.com

© All Rights Reserved. Enterprise Products Partners L.P.

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Intro

EPD's Approach to Sustainability

Sustainable Operations

Performance & Initiatives

  • 2019 Safe Handling Rate: >99.999%
  • 2019 TRIR: 0.80, 12% better than Midstream avg
  • Goal of year‐over‐year TRIR improvement
  • Big Data initiative to improve safety & environmental impacts

Environmental Focus

  • EPD LPG exports could eliminate up to
    20 Million MT/yr of CO2 emissions when compared to coal
  • Committed to reducing the GHG emissions intensity of our operations; 19% improvement in CO2e emission per BOE since 2011
  • Biodiversity initiatives & habitat conservation efforts, including Texas Native Seeds

Energy Use Initiatives

  • Utilize solar power at >16,200 meter stations
  • ~17% of electricity purchased was generated from wind & solar*
  • Evaluating CO2 sequestration, hydrogen, solar optimization and related investment opportunities

*in 2019

  1. includes voluntary employee & company contributions © All Rights Reserved. Enterprise Products Partners L.P.

Our People & Our Communities

Community

  • Contributed $764k to employee relief funds since inception in 2016 (1)
  • Community development: >$100MM over 5 yrs
  • Matched 2,470 employee charitable contributions, totaling >$920k over 5 yrs

Employee Diversity

  • 29% minority*; 10% higher than related sectors
  • Routine diversity monitoring

Employee Development

  • Corporate training attendance*: >400 ppl
  • Contributed $352k* for education assistance to employees
  • 90% of VPs & above were promoted during their tenure at EPD

Retention

  • Average employee tenure*: 10 years, 20% of workforce has 15+ years of service

Intro

Durability of Our Business

Board Leadership & Engagement

  • 11 voting members, 6 independent
  • 98% average attendance*
  • 3 Committees: Audit & Conflicts, Capital Projects, Governance
  • Audit & Conflicts and Governance committees are chaired by independent Board members
  • Oversight of ESG & CEO compensation
  • Environmental and Health & Safety policies approved by Senior Management and overseen by Board

Management Considerations

  • Executive bonus consideration includes ESG metrics (performance in safety & emissions)
  • Equity ownership requirement: 3x annual cash retainer (non‐mgmt. directors) & 3x annual base salary (mgmt. directors / execs)
  • Executive officer of Sustainability

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Enterprise Products Partners LP published this content on 28 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2020 11:04:03 UTC