Company: ENBSF
Filing Date: 2025-03-11
Form Type: 10-K/A
Source: 0001193125-25-052058
Chunk: 55

Company: ENBRIDGE INC
Filing Date: 2025-03-11
Form: 10-K/A
Chunk 55
---
-------------|:----|---------------------:|
| Patrick R. Murray  |     |            114,522 |     | -            |     |              135,352 |
| Cynthia L. Hansen  |     |            174,473 |     | -            |     |              196,216 |
| Colin K. Gruending |     |            109,198 |     | -            |     |              130,005 |

| 1 | The compensatory change is equal to contributions made by the Company during 2024. |

61

Other benefits Enbridge’s savings plan and benefits plans are key elements of the total compensation package for our employees, including our NEOs. Savings Plan Enbridge provides a savings plan for Canadian employees and a 401(k) savings plan for U.S. employees. All NEOs participate in the savings plan on the same terms as eligible employees. The savings plans assist and encourage employees to save by matching 100% of employee contributions up to plan limits (maximum 2.5% and 6% of base salary for Canadian employees and U.S. employees, respectively) and subject to applicable tax limits. In Canada, matching contributions are provided as flex credits which may be used to purchase additional benefits or taken as after-taxcash; in the U.S., matching contributions are invested in the savings plan. Life and health benefits Medical, dental, life insurance and disability insurance benefits are available to meet the specific needs of individuals and their families. The NEOs participate in the same plan as all other employees. The plans are structured to provide minimum basic coverage with the option of enhanced coverage at a level that is competitive and affordable. The HRC Committee reviews the retirement and other benefits regularly. These benefits are a key element of a total compensation package and are designed to be competitive and reasonably meet the needs of executives in their current roles. Assumed equity-based compensation awards from Spectra Energy On February 27, 2017, Enbridge Inc and Spectra Energy combined through a stock-for-stockmerger transaction (the “Merger Transaction”). Pursuant to the terms of the merger agreement, Enbridge assumed all awards outstanding under the Spectra Energy Corp 2007 Long Term Incentive Plan, as amended and restated (the “Spectra 2007 LTIP”) at the closing of the Merger Transaction (“Assumed Spectra LTIP Awards”). The Assumed Spectra LTIP Awards, including the shares of Enbridge issuable thereunder, were