Company: ENBSF
Filing Date: 2025-03-11
Form Type: 10-K/A
Source: 0001193125-25-052058
Chunk: 35

Company: ENBRIDGE INC
Filing Date: 2025-03-11
Form: 10-K/A
Chunk 35
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 and is established as a percentage of base salary. |

The values provided in the profiles are also reflected in the summary compensation table on page 49.

42

| Greg Ebel                                                                                                                                                                                                                                                                                                                                                                                
 President & CEO   Effective date in role: January 1, 2023   Location: Houston, Texas   Length of service1 2 years   1 Prior to his appointment as President & CEO, Mr. Ebel held the position of Chair of the Enbridge Board since 2017. Prior to his role as Chair of the Board, Mr. Ebel served as Chairman, President & CEO of Spectra Energy Corp from 2009 until February 27, 2017. |     | 2024 accomplishments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | Mr. Ebel serves as the President & CEO and is responsible for setting and executing Enbridge’s strategic priorities. |     |             |     |                       |
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|                                                                                                                                                                                                                                                                                                                                                                                          |     | •  Delivered strong safety, integrity and reliability programs and continued to enhance our safety programs, including contractor safety management and damage prevention   •  Exceeded EBITDA guidance and achieved DCF per share guidance through strong operational, commercial and cost management performance   •  Maintained a strong balance sheet and high investment credit rating, while completing the $19 billion U.S. natural gas utility acquisitions and related financing ahead of target schedule   •  Increased 2025 quarterly dividend by 3%, reflecting the 30th consecutive annual increase   •  Placed $5 billion of secured growth capital into service   •  Secured $8 billion of accretive organic projects, which increased secured backlog to $26 billion, including highly strategic offshore oil and natural gas pipelines, final investment decision on Tennessee Ridgeline Expansion, Sequoia Solar, Orange Grove and Fox Squirrel Phases 2 and 3, expansion of the Gray Oak Pipeline, and the Blackcomb Pipeline   •  Strengthened relationships with Indigenous and neighboring