Company: ENBSF
Filing Date: 2025-03-11
Form Type: 10-K/A
Source: 0001193125-25-052058
Chunk: 66

Company: ENBRIDGE INC
Filing Date: 2025-03-11
Form: 10-K/A
Chunk 66
---
) the net accretive impact of financing and strategic actions not contemplated at the time of target setting expressed in DCF |     |             |    486 |     |    205 |   |
| Total DCF adjusted for 2024 STIP award determinations                                                                                                                                                    |     |             | 12,477 |     | 11,472 |   |
| DCF                                                                                                                                                                                                      |     |             | 11,991 |     | 11,267 |   |
| Adjusting items in respect of:                                                                                                                                                                           |     |             |        |     |        |   |
| For 2022 PSU calculation purposes, normalizations including (but not limited to) the net accretive impact of financing and strategic actions not contemplated at the time of the grant expressed in DCF  |     |             |    486 |     |    247 |   |
| Total DCF adjusted for 2022 PSU payout determinations                                                                                                                                                    |     |             | 12,477 |     | 11,514 |   |

| 1 | Changes in operating assets and liabilities, net of recoveries. |

| 2 | Presented net of adjusting items. |

72

## ITEM 12.SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERSEquity Compensation Plan InformationSee Item 11 – “Shares reserved for equity compensation as of December 31, 2024” for information regarding our equity plan compensation on page 56.Security ownership of certain beneficial owners and managementBeneficial ownership tableThe table below sets forth the number and percentage of outstanding Enbridge shares beneficially owned by each of our directors, director nominees, NEOs and all directors and executive officers as a group, as of the date of this Amendment No. 1. The number of Enbridge shares beneficially owned by each person is determined under applicable SEC rules. Under these rules, a person is deemed to have “beneficial ownership” of any shares over which that person, directly or indirectly, has or shares voting or investment power, plus any shares that the person has the right to acquire within 60 days, including through the exercise of stock options. Unless otherwise indicated, for each person named in the table, the number in the “Number of Enbridge shares acquirable within 60 days” column includes shares covered by stock options that may be exercised and that vest within 60 days after March 4, 2025, as well as shares