Company: PPLOF
Filing Date: 2025-02-27
Form Type: 40-F
Source: 0001546066-25-000007
Chunk: 2

Company: PEMBINA PIPELINE CORP
Filing Date: 2025-02-27
Form: 40-F
Chunk 2
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 reference into this Annual Report on Form 40-F:

(a) Annual Information Form for the fiscal year ended December 31, 2024; and

(b) Management’s Discussion and Analysis for the fiscal year ended December 31, 2024 and Audited Consolidated Financial Statements for the fiscal year ended December 31, 2024. Pembina’s Audited Consolidated Financial Statements included in this Annual Report on Form 40-F have been prepared in accordance with International Financial Reporting Standards, as issued by the International Accounting Standards Board. Therefore, they are not comparable in all respects to financial statements of United States companies that are prepared in accordance with United States generally accepted accounting principles.

### ADDITIONAL DISCLOSURE
Certifications and Disclosure Regarding Controls and Procedures.

(a) Certifications . See Exhibits 99.3, 99.4, 99.5 and 99.6 to this Annual Report on Form 40-F.

(b) Disclosure Controls and Procedures . As of the end of Pembina’s fiscal year ended December 31, 2024, an evaluation of the effectiveness of Pembina’s “disclosure controls and procedures” (as such term is defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) was carried out by Pembina’s management, with the participation of its principal executive officer and principal financial officer. Based upon that evaluation, Pembina’s principal executive officer and principal financial officer have concluded that as of the end of that fiscal year Pembina’s disclosure controls and procedures are effective to ensure that information required to be disclosed by Pembina in reports that it files or submits under the Exchange Act is (i) recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission (the “Commission”) rules and forms and (ii) accumulated and communicated to Pembina’s management, including its principal executive officer and principal financial officers, to allow timely decisions regarding required disclosure.

It should be noted that while Pembina’s principal executive officer and principal financial officer believe that Pembina’s disclosure controls and procedures provide a reasonable level of assurance that they are effective, they do not expect that Pembina’s disclosure controls and procedures or internal control over financial reporting will prevent

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all errors or fraud. A control system, no matter how well conceived or operated, can provide only reasonable, not absolute, assurance that the objectives