Item 7.01. Regulation FD Disclosure

In accordance with General Instruction B.2. of Form 8-K, the following information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as shall be expressly set forth by specific reference in such a filing.

On March 8, 2021, Plains All American Pipeline, L.P. ("PAA") and Plains GP Holdings, L.P. ("PAGP") posted to their website an updated investor presentation that includes, among other items, disclosure that the late February winter storms are not expected to have a material financial impact relative to Plains' 2021 guidance furnished on February 9, 2021. The updated presentation also covers an industry overview, PAA's commercial and operating activities, forward outlook, financial positioning and related matters. The presentation is available at www.plainsallamerican.com under the "News & Events - Investor Presentations" portion of the Investor Relations section of the website. Neither PAA nor PAGP undertake to update the information as posted on their website; however, they may post additional information included in future press releases, Form 8-Ks, and periodic Exchange Act reports.

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