Enterprise Products Partners L P : Investor Deck

INVESTOR DECK

November 2021

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.

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Enterprise Products Partners L.P. (NYSE:EPD)

NGLs, Crude Oil, Natural Gas, Petrochemicals and Refined Products

Fully integrated

midstream

energy company

• ≈50,000 miles of NGL, crude oil, natural gas, petrochemicals and refined products pipelines
• ≈260 MMBbls of NGL, petrochemical, refined products and crude oil, and 14 Bcf of natural gas storage capacity

• 19 natural gas processing facilities;
  25 fractionators; 11 condensate distillation facilities; PDH facility; iBDH facility
• 19 deepwater docks handling NGLs, PGP, crude oil and refined products

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Why EPD?

Diversified & built for the long run

Geographic, Product

and Market Diversification

Disciplined Allocator of Capital - TTM:

CFFO Allocation:
Payout(1)	51%
Capital investment	30%
Indicative Funding of Capital
Investments:
CFFO (less distributions)	100%
Debt	0%

as of 3Q 2021

Market Capitalization:

≈$50B

Enterprise Value:

≈$78B

Average Daily Trading Value:

(last 20 days)

≈$166MM

as of November 11, 2021

Average

Return on Invested Capital(1):

12%

over the last 10 years

Among highest credit ratings in midstream space:

BBB+ / Baa1

TTM Leverage(1):

3.2x reported

2021

$1.80/unit

3Q 2021 distribution annualized

1.7x distribution coverage(2)

$1.7B

2021 Growth CAPEX

$2B buyback in place

(≈$387MM repurchased(2))

23 consecutive years of distribution increases

History of unitholder alignment through actions & ownership

≈32% of common units owned by

Management

1. For a definition, see appendix.
2. Through September 30, 2021

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EPD Earns Fees Delivering Raw Materials Essential to Everyday Life

& (1)(2)

Nat. Gas

Ethane

Propane

Butanes

C5+

product

volume

3.5 MMBOED

2.3 MMBPD

2.1 MMBPD

1.2 MMBPD

420 MBPD

transported

handled

handled

handled

handled

bottled fuels

electric generation

diluent

direct uses

heating

heating

cooking

gasoline blending

gasoline blending

petchem feedstock

cooking

crop drying

propellant

petchem feedstock

vehicle fuel

vehicle fuel

refrigerants

industrial fuel

petchem feedstock

petchem feedstock

downstream activity

iBDH, HPIB

PDH &

.

splitters

& Octane

cracker

manufacture

cracker

Enhancement

Ethylene

Propylene

Isobutylene &

Octane Additives

110 MBPD handled

340 MBPD handled

50 MBPD handled

	fertilizer	food packaging	durable products	fuel additives	tires
	paints	prosthetics	consumer electronics	lubricants	synthetic rubber
uses	coatings	water pipes	strong packaging	specialty additives	paints
glue	medical tubing	PPE & pharmaceuticals		textiles
	insulation material	molded parts		sporting goods
end		textiles	carpets		specialty chemicals
	hygiene products & tools	upholstery
		detergents	films
		antifreeze
		helmets
			diapers

1. Estimated handling volumes; all volumes are approximate based on FY 2020 averages with assumptions applied to multi product systems and fractionation volumes
2. Handled volumes are the sum of transportation, fractionation, isomerization, petchem processes, and marine loading volumes, as applicable

Crude Oil

2.9 MMBPD handled

refinery feedstock

refining

Refined

Products

570 MBPD handled

gasoline

heating oil

kerosene

jet fuel asphalt lubricants synthetic rubber plastics

rayon nylon resins

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