RPIA Sustainability Report - 2025

Page 22 | RPIA SUSTAINABILITY REPORT 2025

ESG INTEGRATION

OVERVIEW

CORPORATE SUSTAINABILITY

CULTURE & VALUES

Q4 Highlights

• Climate Targets & Actions: Management reiterated its long-term ambition to achieve net zero by 2050 while noting that the previously announced emissions reduction target of 30% by 2030 target is under review. Near- term decarbonization efforts are focused on methane abatement, potential alignment with OGMP 2.0, and pilot projects in carbon capture and hydrogen blending. • Safety, Indigenous Participation, and Governance: Management outlined strengthened safety oversight following prior setbacks, including enhanced frontline training and additional safety personnel. Current safety indicators are trending positively year-over-year, with improvements across key metrics including lost time incidents, total recordable incident rates, and fatalities (Image 2, Annotation 3) . Indigenous economic participation remains integrated into project development through formal advisory councils and structured equity ownership opportunities, with a majority of affected First Nations electing to pursue stakes in a major project. ESG oversight is embedded at the board level, with relevant health, safety, and sustainability expertise represented across directors and supported by ongoing formal education.

• Emission Profile: The Sustainability report indicated a modest year-over-year increase in total operational (Scopes 1+2) emissions (Image 3, Annotation 4) , largely reflecting higher system throughput and asset utilization during the reporting period. At the same time, methane intensity has declined relative to the 2019 baseline, supported by continued abatement and measurement initiatives.

Image 3

2023

2024

Carbon Profile & Trajectory Metrics (Absolute & Intensity)

Metrics (Absolute & Intensity) Carbon Profile & Trajectory

Absolute

Absolute

Total

Scope 1 Scope 2 Scope 3

Total

Scope 1 Scope 2 Scope 3

4

X A B C D E

22,068.0 13,597.0 18,600 15,455.9 1,687.3 5,619.0

21,520.0 7,480.0 15,400.0 13,641.2 1,504.2 4,435.2

548.0 6,117.0 3,200.0 1,814.7 183.1 1,183.9

4,183.0 25,525.1 - 24,992.1 3.5 270.4

X A B C D E

22,777.0 13,169.9 18,600.0 15,520.0 1,793.5 5,573.0

22,351.0 7,522.9 15,400.0 13,390.0 1,630.4 4,492.2

426.0 5,647.0 3,200.0 2,130.0 163.1 1,080.8

4,179.0 33,874.3 - - - 1,124.1

Image 2

Social Risk Factors

Average Rank: 3.0 Current Rank: 2.4 Trend Rank: 2.5

Metrics (Current & Trend)

Avg.

382,144.8

347,792.2

34,353.6

403,147.1

Avg.

396,023.4

357,971.0

38.052.5

443,457.4

Cur- rent

Curr Rank

Trend Rank

Factors

Metric

Unit

Trend

• Climate Targets & Actions: Management noted that the previously announced 30% reduction in GHG intensity by 2030 target has been removed, citing higher-than-anticipated natural gas demand and slower-than-expected technological advancement. In its place, the company introduced a methane intensity reduction target of 40-55% by 2035. Methane represents approximately 19% of Scope 1 emissions and is viewed by management as a pragmatic, operationally controllable abatement lever, while broader targets for Scopes 1 and 2 remain under evaluation.

3

Workplace Health & Safety Workplace Health & Safety Workplace Health & Safety

Lost Time Incident Rate Total Recordable Incident Rate Fatalities

Per 100 Per 100 Total

0.1 0.6 0.0

3 4 1 1 2 3 3 2

-41.2 -1.7 -100.0

1 2 1 1 3 4 4 4

Diversity & Inclusion Diversity & Inclusion Diversity & Inclusion Diversity & Inclusion Community Impact

Pct Women Mngmt. Pct Women Mngmt.

% % % % %

38.0 28.0 18.6

+2.0 -1.0 -0.0 -0.0 -0.5

Pct Minorities Workforce Pct Disabled in Workforce Community Giving

1.4 0.5

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