On September 12, 2023, ONEOK, Inc. announced the following executive officer changes, which were approved by Board of Directors on September 8, 2023. These organization changes are contingent, and effective, upon the closing of the previously announced merger (the ?merger?) with Magellan Midstream Partners, L.P. (?Magellan?). Kevin L. Burdick will become Executive Vice President, Chief Enterprise Services Officer and Sheridan C. Swords will become Executive Vice President, Liquids and Gathering & Processing.

Each of Messrs. Burdick and Swords will report directly to Pierce H. Norton II, ONEOK?s President and CEO. James R. Hoskin will become Senior Vice President, Refined Products and Crude Operations and will report directly to Mr. Norton.

Mr. Hoskin, 52, has served as the Senior Vice President of Operations of Magellan since February 2023, served as Vice President of Operations of Magellan since 2021 and prior to that, served in other various positions of increasing responsibilities in operations and engineering and construction since joining Magellan in 2007.