Pembina pays cash dividends in Canadian dollars on its preferred shares Series 1, 3, 5, 7, 9, 21 and 22 on the first day of March, June, September and December in each year, if, as and when declared by the Board of Directors to shareholders of record on the first day of the preceding month, or, if such payment or record date is not a business day, the next succeeding business day after the weekend or statutory holiday. Dividends on the preferred shares Series 15, 17 and 19 are payable on the last day of March, June, September and December in each year, if, as and when declared by the Board of Directors to shareholders of record on the 15th day of the same month, or, if such payment or record date is not a business day, the next succeeding business day after the weekend or statutory holiday. Dividends on the preferred shares Series 25 are payable on the 15th day of February, May, August and November in each year, if, as and when declared by the Board of Directors to shareholders of record on the last day of the preceding month, or, if such payment or record date is not a business day, the next succeeding business day after the weekend or statutory holiday.

Pembina will release its 1Q23 results on Thursday 4 May 2023, after markets close. A conference call and webcast have been scheduled for Friday 5 May 2023, at 8:00 MT (15:00 BST) for interested investors, analysts, brokers and media representatives.

The conference call dial-in numbers for Canada and the US are 1-416-764-8658 or 1-888-886-7786. A recording of the conference call will be available for replay until Friday 12 May 2023 at 23:59 ET (04:59 BST). To access the replay, please dial either 1-416-764-8692 or 1-877-674-7070 and enter the password 350288#.