Williams Companies, Inc. (the) · NYSE:WMB

Williams Companies, Inc. (the) — The Williams Companies — Investor Presentation (April 2023)

26 slides from Williams Companies, Inc. (the)'s investor presentation, April 2023

  1. Slide 1: Williams Customer Meeting

    NYSE: WMB | www.williams.com Williams Customer Meeting April 19-21 | Sea Island, GA WILLIAMS © 2021 The Williams Companies, Inc. All rights reserved. NYSE: WMB | www.williams.com 1

  2. Slide 2: Agenda

    Agenda  Open Remarks  Hotel Safety Moment  Guest Speaker  Break  Winter Storm Elliot Update  Business Development Activity  Activity Briefing  Lunch / Activities WILLIAMS © 2021 The Williams Companies, Inc. All rights reserved. NYSE: WMB | www.williams.com 2

  3. Slide 3: Forward-looking statements

    Forward-looking statements > The reports, filings, and other public announcements of The Williams Companies, Inc. (Williams) may contain or incorporate by reference statements that do not directly or exclusively relate to historical facts. Such statements are “forward-looking statements” within the

  4. Slide 4: Forward-looking statements (cont'd)

    Forward-looking statements (cont’d) > Forward-looking statements are based on numerous assumptions, uncertainties, and risks that could cause future events or results to be materially different from those stated or implied in this report. Many of the factors that will determine these results are bey

  5. Slide 5: Forward-looking statements (cont'd)

    Forward-looking statements (cont’d) –The ability of the members of the Organization of Petroleum Exporting Countries and other oil exporting nations to agree to and maintain oil price and production controls and the impact on domestic production; –Changes in the current geopolitical situation; –Whet

  6. Slide 6: Williams Overview

    Williams Overview WILLIAMS © 2021 The Williams Companies, Inc. All rights reserved. NYSE: WMB | www.williams.com 6

  7. Slide 7: Williams Overview: A Leader in Energy Infrastructure with a Long-Term Sustainable Strategy

    Williams Overview A Leader in Energy Infrastructure with a Long-Term Sustainable Strategy OUR VISION As the world demands reliable, low-cost, low- carbon energy, Williams will be there with the best transport, storage and delivery solutions. We make clean energy happen by being the best-in- class op

  8. Slide 8: Own and operate critical natural gas infrastructure to meet today's energy needs

    Own and operate critical natural gas infrastructure to meet today’s energy needs Serving 14 key supply areas and handling ~30% of nation’s natural gas Gas Transmission Gas Gathering Capacity Capacity 23.7 MMdth/d 24.4 Bcf/d Gas Processing Liquids Storage Capacity Capacity 7.4 Bcf/d 23 MMBbls Interst

  9. Slide 9: 2023 Updated Organizational Structure

    2023 Updated Organizational Structure SVP Transmission & Gulf of Mexico (TGOM) Scott Hallam VP Commercial, Eastern Interstates Steven Tramonte Director – North Commercial Director – South Commercial Director – Business Services Manager – Optimization Services Development Hector Alatorre/Jordan Julia

  10. Slide 10: Mastio Survey Update

    WILLIAMS EXECUTIVE CUSTOMER MEETING Mastio Survey Update • The 2023 study findings are based on interviews with 46 customers. • The telephone interviews were conducted with key decision-makers beginning in mid-February and concluded in early March 2023 Does Williams- Williams-Transco Transco… 2023 S

  11. Slide 11: Winter Storm Elliott Update

    Winter Storm Elliott Update WILLIAMS © 2021 The Williams Companies, Inc. All rights reserved. NYSE: WMB | www.williams.com 11

  12. Slide 12: Winter Storm Elliott – Event Overview

    Winter Storm Elliott – Event Overview ▪ Mild temperatures preceded a rapid drop in temperature combined with high winds ▪ Williams collaborated with stakeholders (including LDC and Power Generation customers) in preparation of the increased demand ▪ Williams met its delivery obligations to customers

  13. Slide 13: Daily Systemwide Customer Activity: Measured & Scheduled

    Daily Systemwide Customer Activity Timeframe: Dec 22 to Dec 26 Open in Power BI 1Line Hourly Meas vs Sched Daily Data as of 1/9/23, 11:49 AM Filtered by Gas Day (is GD 22, GD 23, GD 24, GD 25, or GD 26), Cycle (is INTRADAY 3), Parameter (is not Daily Measured Delv), Gas Day/Time (is on or before 12/

  14. Slide 14: Operational Flow Orders (OFO)

    Operational Flow Orders (OFO) • Operational Flow Orders (OFO) • In order to alleviate operating conditions which may threaten the integrity of Seller's pipeline system, OFOs may be issued to effectuate adjustments in Buyer's daily receipts or deliveries over a reasonable period of time to maintain a

  15. Slide 15: Potential Steps to Insure Reliability

    WHERE ARE WE GOING? Potential Steps to Insure Reliability • Enhance Active Confirmations (Active)* • Additional Imbalance Management Options (36 months)* • Continue to actively utilize confirmation and point • Continue working with the Cash Out Review Working Group constraints tools to reduce operat

  16. Slide 16: BD Update

    BD Update WILLIAMS © 2021 The Williams Companies, Inc. All rights reserved. NYSE: WMB | www.williams.com 16

  17. Slide 17: Leveraging Recent Successes

    Leveraging Recent Successes Successful Project Execution Since 2015 In-Service Opportunity Qty (dt/day) Year CPV Woodbridge 2015 264,000 Mobile Bay South III 2015 225,000 New York Bay Rivervale South NE Connector 2015 100,000 Rockaway 2015 647,000 CPV Woodbridge Rockaway VA Southside I 2015 250,000

  18. Slide 18: Adding more than Bcf/d of capacity through Transco projects

    Adding more than 2 Bcf/d of capacity through Transco projects Regional Energy Access 1 • 829 MMcf/d serving Res/Com & Power demand in PA, NJ & MD • Received FERC certificate and full NTP in March 2023. Expect full in-service 4Q’24 with early service in 4Q'23. 1 Commonwealth Energy Connector 2 • 105

  19. Slide 19: Regional Energy Access

    Regional Energy Access Leidy supply for increased end user demand in the Northeast Project Facts:  Paths: • Path 1: Top of Diamond (TOD) to multiple delivery points along Leidy. • Path 2: TOD to the Station 210 Zone 6 pool. • Path 3: TOD to Zone 6 1 mainline and the Marcus Hook and Trenton 2 Woodbu

  20. Slide 20: Southside Reliability Enhancement

    Southside Reliability Enhancement North Carolina resiliency and growth Project Facts:  Paths: • Path 1 – Transco’s Station 165 Pool and proposed interconnect with Mountain Valley Pipeline to the Ahoskie Delivery • Path 2 – Transco’s Station 165 Pool and proposed interconnect with Mountain Valley Pi

  21. Slide 21: Commonwealth Energy Connector

    Commonwealth Energy Connector South Virginia Lateral expansion to Interstate connectivity Project Facts:  Path: • From Transco’s Pooling Station 165 to Transco’s existing interconnect with Columbia Gas Transmission at the Emporia delivery meter Pooling Station 165 station Emporia Meter Station  Ca

  22. Slide 22: Southeast Energy Connector

    Southeast Energy Connector Meeting clean energy demand in the Southeast Project Facts:  Paths: Gaston Delivery • Path 1 – Transco’s Petal Meter Station Storage interconnect to the Gaston Meter Station • Path 2 – Transco’s Station 85 Pool to the Gaston Meter Station  Capacity: 150 MDth/d Petal Stor

  23. Slide 23: Texas to Louisiana Energy Pathway

    Texas to Louisiana Energy Pathway Meeting clean energy demand in the Gulf Coast Zone 3 Project Facts: 65  Path: Zone 2 • From the Agua Dulce 50 45 area to Transco’s existing Station 65 pool 33  Capacity: • 364.4 MDth/d Zone 1 30 New Compressor Station  Filed August 2022  Expected EA June 2023 AD

  24. Slide 24: Carolina Market Link

    Carolina Market Link Additional supply meeting end user growth in South Carolina Project Facts:  Path: • From Pooling Station 165 to the existing York Road meter station  Capacity: • 78 MDth/d  Open Season closed December 2022  Proposed ISD: 2Q 2024

  25. Slide 25: Alabama to Georgia Connector

    Alabama to Georgia Connector Meeting end user clean energy needs in Georgia Project Facts:  Path: • From Pooling Station 85 Elba, SC to various delivery points as far as Elba SC meter Sugar Hill Commerce station  Capacity: • 63.8 MDth/d Lawrenceville Royston  Filed FERC Application April 2023 Poo

  26. Slide 26: Connecting regional natural gas demand with best-in-class basins

    Connecting regional natural gas demand with best-in-class basins L48 Production and Demand Changes in Key Areas in Bcf/d (2022-2032) Total L48 (2022-2032) Growth Production +26.1 Bcf/d -1.0 Canadian +0.4 Bcf/d PNW+Rockies Imports (excludes CAN. LNG) Demand -0.6 Demand +24.6 Bcf/d Northeast Demand +0

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