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Pembina Pipeline CorporationHeartland District, RedwaterLifeThe NYSE:HeartlandTSX:InPPL;PBAOctober 16, 2019
Forward-looking statements and informationThis presentation contains certain forward-lookingstatements and information that are based onPembina's expectations, estimates, projections andassumptions in light of its experience and its perceptionof historical trends as well as current market conditionsand perceived business opportunities. In some cases,forward-looking information can be identified byterminology such as "expects", "will", "would","anticipates", "plans", "estimates", "develop", "intends","potential", "continue", "could", "forecast", "create","keep", and similar expressions suggesting futureevents or future performance. In particular, thispresentation contains forward-looking statements,including certain financial outlooks, pertaining to,without limitation: financial results and financial ratiosrelated to and growth opportunities including: adjustedEBITDA expectations, volume expectations, revenueamounts and sources, future capital program, capitalexpenditures, anticipated capacity, timing of keydecisions, capital cost expectations, and in-servicedates for growth projects, further expansionopportunities, counterparty exposure, fee-for-servicecash flows, future dividends which may be declared onPembina's common shares and any future dividendpayment date; the ongoing utilization and expansionsof and additions to Pembina's business and assetbase, expectations regarding future commodity marketsupply, demand and pricing and supply and demandfor hydrocarbon and derivatives services. Unduereliance should not be placed on these forward-lookingstatements and information as they are based onassumptions made by Pembina as of the date hereofregarding, among other things: that favourable growthparameters continue to exist in respect of current andfuture growth projects (including the ability to financesuch projects on favorable terms); future levels of oiland natural gas development; potential revenue andcash flow enhancement; future cash flows; thatPembina is able to achieve anticipated synergies fromacquired businesses and assets; with respect toPembina's dividends: prevailing commodity prices,margins and exchange rates, that Pembina'sbusinesses will continue to achieve sustainablefinancial results and that future results of operations willbe consistent with past performance and managementexpectations in relation thereto, the availability andsources of capital, operating costs, ongoing utilizationand future expansions, the ability to reach requiredcommercial agreements, and the ability to obtainrequired regulatory approvals. While Pembina believesthe expectations and assumptions reflected in theseforward-looking statements are reasonable as of thedate hereof, there can be no assurance that they willprove to be correct. Forward-looking statements aresubject to known and unknown risks and uncertaintieswhich may cause actual performance and financialresults to differ materially from the results expressed orimplied, including but not limited to: customer demandfor the company's services, commodity prices andinterest and foreign exchange rates; plannedsynergies; capital efficiencies and cost-savings;applicable tax laws; future production rates; thesufficiency of budgeted capital expenditures in carryingout planned activities; the impact of competitive entitiesand pricing; reliance on key industry partners, alliancesand agreements; the strength and operations of the oiland natural gas industry and related commodity prices;the regulatory environmentand the ability to obtain regulatory approvals;fluctuations in operating results; the availability andcost of labour and other materials; the ability to financeprojects on advantageous terms; and tax laws and taxtreatment. Additional information on these factors aswell as other risks that could impact Pembina'soperational and financial results are contained inPembina'sAnnualInformationFormandManagement's Discussion and Analysis for the yearended December 31, 2018, and described in our publicfilings available in Canada at www.sedar.com and inthe United States at www.sec.gov. Readers arecautioned that this list of risk factors should not beconstrued as exhaustive. The forward-lookingstatements contained in this document speak only as ofthe date of this document. Except as expresslyrequired by applicable securities laws, Pembina and itssubsidiaries assume no obligation to update stancesormanagement'sexpectations,estimates, projections or assumptions change. Theforward-looking statements contained in this documentare expressly qualified by this cautionary statement.Readers are cautioned that management of Pembinaapproved the financial outlooks contained herein as ofthe date of this presentation. The purpose of thefinancial outlooks contained herein is to give the readeran indication of the value of Pembina's current andanticipated growth projects. Readers should becautioned that the information contained in the financialoutlooks contained herein may not be appropriate forother purposes.
Pembina – Who We Are Western Canadian energyinfrastructure company thathas been in business for 65years. Headquartered in Calgaryand employing over 2,200employees and contractors.
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Heartland Operations
What we do in RedwaterA world-scale facility – with world-class operations, training and staff.Large transportation andlogistics infrastructure,including truck terminals,rail facilities and pipelineconnectivity to markets.NGL fractionation and storagefacility, with 210,000 bbl/day ofprocessing capacity for NGLssuch as ethane, propane, butaneand condensate. The facilityincludes 18 underground storagecaverns.Operate the IPLFractionation facility aswell as the TransCanadaCogen at the site.
The Keys to our SuccessMaintaining the safety and integrity of our assets.Mitigating potential impacts our operations could haveon the surrounding environment.Developing positive relationships with communitieswhere we operate.Conducting business in a socially responsible manner.
Our Safety Culture andCommitment to Safe and ReliableOperations
Pembina’s ‘Zero By choice’ Safety CultureHow does Pembina keep the Redwatercomplex safe? We have excellent relationships with thelocal community and government. Working safely is a way of life atPembina. By keeping our employees on site safe,we also keep the local community safe.
The Team
Equipment
Training Service Levels
Specialized Training
Specialized Training
Medical
Emergency Management, Mutual Aid and Partners NR-CAER SWAT WCSS ERAC Sturgeon County Gibbons Morinville NWRP Nutrien NAIT Lakeland College Security and Emergency Response Training Center Texas Engineering Extension Service
Community Investment
approved the financial outlooks contained herein as of the date of this presentation. The purpose of the financial outlooks contained herein is to give the reader an indication of the value of Pembina's current and anticipated growth projects. Readers should be cautioned that the information contained in the financial
