Company: ENBSF
Filing Date: 2025-03-11
Form Type: 10-K/A
Source: 0001193125-25-052058
Chunk: 45

Company: ENBRIDGE INC
Filing Date: 2025-03-11
Form: 10-K/A
Chunk 45
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 of Spectra Energy. |

| 5 | Reflects additional LTI grants upon Mr. Murray’s promotion to Executive Vice President & CFO in respect of the increase to his new medium- and long-term incentive targets. |

| 6 | Reflects RSU grant upon Mr. Hedgebeth’s hire. |

Value vested or earned in 2024

| Executive             |     | Value vested during the year |        |     |                 |           |     | Value earned          
 during the year       |           |
|                       |     | Option-based                 
 awards1,2 ($)                |        |     | Share-based     
 awards1,3,4 ($) |           |     | Non-equity            
 incentive plan1,5 ($) |           |
| Gregory L. Ebel       |     |                              |      0 |     |                 |         0 |     |                       | 4,758,860 |
| Patrick. R. Murray    |     |                              | 86,333 |     |                 |   865,315 |     |                       | 1,153,862 |
| Cynthia L. Hansen     |     |                              | 65,455 |     |                 | 8,039,134 |     |                       | 1,508,788 |
| Colin K. Gruending    |     |                              | 90,346 |     |                 | 6,636,465 |     |                       | 1,411,410 |
| Reginald D. Hedgebeth |     |                              |      0 |     |                 |         0 |     |                       | 1,307,687 |

| 1 | U.S. dollars have been converted to Canadian dollars using the published WM/Reuters 4 pm London year-end exchange rate of US$1 = C$1.4382 in 2024. |

52

| 2 | The values of the option-based awards are based on the following: |

| Grant date |     | Grant price |     | 2024 vesting date |     |        Closing price on 2024 
 vesting date or last trading 
       day prior to vest date |
| 2/20/2020  |     |      $55.54 |     | 2/20/2024         |     |                       $46.56 |
| 2/20/2020  |     |    US$41.97 |     | 2/20/2024         |