Company: ENBSF
Filing Date: 2025-03-11
Form Type: 10-K/A
Source: 0001193125-25-052058
Chunk: 47

Company: ENBRIDGE INC
Filing Date: 2025-03-11
Form: 10-K/A
Chunk 47
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 30 days following termination (or option expiry, if sooner) |
| Pension                           |             | No longer earns service credits                                                                                                                                                               |            |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                       | Additional two years of pension credit are added to the final pension calculation (three years for Mr. Hedgebeth)                                                                                                                                                                                                     |               |                                                                                                                                                                                                                                                                                      |
| Benefits                          |             | None                                                                                                                                                                                          |            | Post-retirement benefits begin                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                       | Two times the value of future benefits paid out in a lump sum                                                                                                                                                                                                                                                         |               |                                                                                                                                                                                                                                                                                      |

54

The amounts shown in the table below include the estimated incremental payments and benefits that would be payable to each of our NEOs as a result of the specified triggering event, assumed to occur as of December 31, 2024. The actual amounts that would be payable in these circumstances can be determined only at the time of the executive’s separation, would include payments or benefits already earned or vested and may differ from the amounts set forth in the table below. Amounts in U.S. dollars have been converted to Canadian dollars using the published WM/Reuters 4 pm London year-endexchange rate of US$1 = C$1.4382 in 2024.

| Executive             |                                                    | Triggering event1 |     |           | Base        
 salary2 ($) |     |           | Short-     
 term       
 incentive3 
 ($)        |     |            | Medium-    
 term       
 incentive4 
 ($)        |     |           | Long-      
 term       
 incentive5 
 ($)        |     |           | Pension6 ($) |     |         | Benefits7 ($) |     |            | Total      
 payout ($) |
| Gregory L. Ebel       |                                                    | CIC               |     |           | -           |     |           | -          |     |            | -          |     |           | -          |     |           | -            |     |         | -             |     |            | -          |
|                       | Death                                              |                   |     |         - |             |     |         - |            |     | 12,456,797 |            |     | 8,291,733 |            |     |         - |              |     |  77,442 |               |     | 20,825,972 |            |
|                       | Retirement                                         |                   |     |         - |             |     |         - |            |     |  8,174,