PLAINS GP HOLDINGS LP — fact timeline

PLAINS GP HOLDINGS LP incurred revolving credit of $2.7 billion with Bank of America, N.A. at Term SOFR, the Base Rate, the Canadian Term Rate or the Canadian Prime Rate, in maturing June 12, 2031.

“as L/C Issuers; and the other Lenders party thereto (as amended, the “Hedged Inventory Facility”). The committed borrowing capacity under the Revolving Credit Agreement is $2.7 billion, up to $800 million of which is available for the issuance of letters of credit and up to $225 million of which is available for swing line loans. The committed amount may be”

PLAINS GP HOLDINGS LP terminated Hedged Inventory Facility (effective 2026-06-12).

“On June 12, 2026, in conjunction with the closing of the Revolving Credit Agreement, PAA, PCLP and PMLP, as applicable, repaid in full and terminated all outstanding obligations under (i) the Existing Revolving Credit Agreement and (ii) the Hedged Inventory Facility.”

PLAINS GP HOLDINGS LP terminated Existing Revolving Credit Agreement (effective 2026-06-12).

“On June 12, 2026, in conjunction with the closing of the Revolving Credit Agreement, PAA, PCLP and PMLP, as applicable, repaid in full and terminated all outstanding obligations under (i) the Existing Revolving Credit Agreement and (ii) the Hedged Inventory Facility.”

PLAINS GP HOLDINGS LP entered into Revolving Credit Agreement with Bank of America, N.A., PNC Bank, National Association, Wells Fargo Bank, National Association, and the other lenders party thereto valued at $2.7 billion (effective 2026-06-12).

“On June 12, 2026, Plains All American Pipeline, L.P. (“PAA”), a subsidiary of Plains GP Holdings, L.P. (the “Registrant”), entered into an unsecured Credit Agreement (the “Revolving Credit Agreement”)”

Russ Montgomery was appointed as Vice President, Accounting and Chief Accounting Officer at PLAINS GP HOLDINGS LP.

“effective September 1, 2026, Russ Montgomery will be promoted to the position of Vice President, Accounting and Chief Accounting Officer of Plains All American GP LLC, the general partner of PAA, and PAA GP Holdings LLC, the general partner of PAGP.”

Chris Herbold departed as Senior Vice President, Finance and Chief Accounting Officer at PLAINS GP HOLDINGS LP.

“Chris Herbold, who previously served as Senior Vice President, Finance and Chief Accounting Officer of PAA and PAGP, is retiring from the company on August 31, 2026.”

PLAINS GP HOLDINGS LP shareholders approved Approval, on a non-binding advisory basis, of our 2025 named executive officer compensation at the 2026-05-20 meeting.

“3. Class A, Class B and Class C shareholders voted on the approval, on a non-binding advisory basis, of our 2025 named executive officer compensation as follows: Percentage of Votes For Against Abstained Cast FOR Broker Non-Votes 302,893,968 165,486,984 2,255,563 64.4% 167,381,432”

PLAINS GP HOLDINGS LP shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as PAGP's and Plains All American Pipeline, L.P.'s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-20 meeting.

“2. Class A, Class B and Class C shareholders voted on the ratification of the appointment of PricewaterhouseCoopers LLP as PAGP's and PAA's independent registered public accounting firm for the fiscal year ending December 31, 2026 as follows: Percentage of Votes For Against Abstained Cast FOR Broker Non-Votes 629,742,215 7,535,341 740,391 98.7% -0-”

PLAINS GP HOLDINGS LP shareholders approved Election of four Class I directors to serve on the board of directors of PAA GP Holdings LLC until the 2029 annual meeting at the 2026-05-20 meeting.

“1. Class A, Class B and Class C shareholders voted on the election of four Class I directors to serve on the board of directors of PAA GP Holdings LLC until the 2029 annual meeting as follows: Percentage of Votes Nominees For Withheld Cast FOR Broker Non-Votes 1. Willie Chiang 460,938,348 9,698,168 97.9% 167,381,431 2. Ellen DeSanctis 463,251,561 7,384,955 98.4% 167,381,431 3. Alexandra Pruner 461,255,477 9,381,039 98.0% 167,381,431 3. Larry Ziemba 460,487,242 10,194,274 97.8% 167,381,431”

Cynthia B. Taylor was appointed as Director at PLAINS GP HOLDINGS LP.

“On May 11, 2026, the board of directors (the “Board”) of Plains All American Pipeline, L.P.’s (the “Registrant”) general partner, PAA GP Holdings LLC (the “Company”), appointed Cynthia B. Taylor as an independent member of the Board serving in Class III.”

PLAINS GP HOLDINGS LP terminated Term Loan Agreement with PNC Bank, National Association and the other lenders party thereto valued at $1.1 billion (effective 2025-11-26).

“On November 26, 2025, PAA entered into a term loan agreement (the “Term Loan Agreement”) by and among PAA, as borrower, PNC Bank, National Association, as administrative agent, and the other lenders party thereto (collectively, the “Lenders”).”

PLAINS GP HOLDINGS LP completed a disposition involving Keyera Corp. for cash consideration of approximately CAD $5.13 billion (approximately USD $3.76 billion) (closed 2026-05-12).

“of a definitive Share Purchase Agreement dated as of June 17, 2025 (as amended to date, the “SPA”). Pursuant to the SPA, Seller received cash consideration of approximately CAD $5.13 billion (approximately USD $3.76 billion), subject to certain post-closing adjustments as defined in the SPA. Net proceeds from the sale of approximately $3.3 billion, after taxes and”

PLAINS GP HOLDINGS LP reported First-Quarter 2026 results: net income $152 million, EPS $0.14. Guidance raised.

“PAGP) today reported first-quarter 2026 results and raised full-year 2026 Adjusted EBITDA Guidance. First-Quarter 2026 Results • First-quarter Net income attributable to PAA of $152 million and Net cash provided by operating activities of $418 million • Delivered first-quarter Adjusted EBITDA attributable to PAA of $730 million • Pro forma leverage ratio of 4.1x at”

PLAINS GP HOLDINGS LP incurred term loan of $1.1 billion with PNC Bank, National Association, as administrative agent at Term SOFR or the Base Rate, in each case, plus an applicable rate. From the clos maturing two-year anniversary of the closing date.

“On November 26, 2025, PAA entered into a term loan agreement (the “Term Loan Agreement”) by and among PAA, as borrower, PNC Bank, National Association, as administrative agent, and the other lenders party thereto (collectively, the “Lenders”). The Term Loan Agreement provides for a $1.1 billion senior unsecured term loan (the “Term Loan”) to be funded on or prior to December 2, 2025. The Term Loan will mature on the two-year anniversary of the closing date.”

PLAINS GP HOLDINGS LP incurred revolving credit of $125.0 million revolving credit facility with Goldman Sachs Bank USA maturing 2029.

“The EPIC Credit Agreement provides for a $1.2 billion term loan (the “EPIC Term Loan”) and a $125.0 million revolving credit facility (the “EPIC Revolver”).”

PLAINS GP HOLDINGS LP incurred credit facility of $1.2 billion term loan with Goldman Sachs Bank USA at Alternate Base Rate or Term SOFR, in each case, plus an applicable margin maturing October 15, 2031.

“The EPIC Credit Agreement provides for a $1.2 billion term loan (the “EPIC Term Loan”) and a $125.0 million revolving credit facility (the “EPIC Revolver”).”

PLAINS GP HOLDINGS LP completed an acquisition involving a subsidiary of Ares Management LLC for approximately $1.33 billion (closed 2025-11-01).

“Effective November 1, 2025, in a separate transaction from the EPIC 55% Transaction, Buyer also completed the purchase of the remaining 45% equity interest in EPIC Crude Holdings and the remaining 45% of the membership interests in EPIC GP from a subsidiary of Ares Management LLC (the “Ares Seller”) pursuant to that certain definitive Equity Purchase Agreement (the “EPA”) among Buyer and the Ares Seller, for a purchase price of approximately $1.33 billion, inclusive of approximately $500 million of debt under the EPIC Term Loan (as defined below) (the “EPIC 45% Transaction”, and, together with the EPIC 55% Transaction, the “Transactions”).”

PLAINS GP HOLDINGS LP completed an acquisition involving subsidiaries of Diamondback Energy, Inc. and Kinetik Holdings Inc. for approximately $1.57 billion (closed 2025-10-31).

“On October 31, 2025, pursuant to that certain definitive Purchase and Sale Agreement (the “PSA”) entered into on August 30, 2025 by and among a wholly-owned subsidiary (the “Buyer”) of Plains All American Pipeline, L.P. (“PAA”), a subsidiary of Plains GP Holdings L.P. (the “Registrant”), and subsidiaries of Diamondback Energy, Inc. and Kinetik Holdings Inc. (collectively, the “Sellers”), Buyer completed the purchase from Sellers of an aggregate 55% non-operated equity interest in EPIC Crude Holdings, LP (“EPIC Crude Holdings”), the entity that owns and operates the EPIC Crude Oil Pipeline (the “EPIC Pipeline”), and an aggregate 55% of the membership interests in EPIC Crude Holdings GP, LLC (“EPIC GP”), the general partner of EPIC Crude Holdings, for a purchase price of approximately $1.57 billion, inclusive of approximately $600 million of debt under the EPIC Term Loan (as defined below) (the “EPIC 55% Transaction”).”

PLAINS GP HOLDINGS LP incurred senior notes of $1,250,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 4.700% Senior Notes due 2031 and 5.600% Senior Notes due 2036 maturing January 15, 2031 for the 2031 Notes and January 15, 2036 for the 2036 Notes.

“On September 8, 2025, the registrant’s consolidated subsidiaries, Plains All American Pipeline, L.P. (“PAA”) and PAA Finance Corp. (together with PAA, the “Issuers”) completed the public offering (the “Offering”) of $1.25 billion aggregate principal amount of the Issuers’ debt securities, consisting of $700,000,000 aggregate principal amount of 4.700% Senior Notes due 2031 (the “2031 Notes”) and $550,000,000 aggregate principal amount of 5.600% Senior Notes due 2036 (the “2036 Notes,” and, together with the 2031 Notes, the “Notes”).”

Willie Chiang changed role as President at PLAINS GP HOLDINGS LP.

“Willie Chiang, Chairman of the Board and CEO, will assume the additional role of President effective upon the retirement of Mr. Pefanis.”

Harry Pefanis departed as President at PLAINS GP HOLDINGS LP.

“Harry Pefanis will retire as President of Plains All American Pipeline, L.P. and Plains GP Holdings, L.P. effective June 1, 2025.”

PLAINS GP HOLDINGS LP reported first-quarter 2024 results: net income $266 million, EPS $0.29. Guidance reaffirmed.

“Reported Net income attributable to PAA of $266 million and Net cash provided by operating activities of $419 million”

PLAINS GP HOLDINGS LP updated its full-year 2024 guidance (initiated).

“Expect full-year 2024 Adjusted EBITDA attributable to PAA of $2.625 - $2.725 billion”

PLAINS GP HOLDINGS LP reported twelve months ended December 31, 2023 results: net income $1,230 million, EPS $1.40. Guidance reaffirmed.

“full-year 2023 Net income attributable to PAA of $312 million and $1.23 billion, respectively”

PLAINS GP HOLDINGS LP updated its full-year 2023 guidance (raised).

“Raising guidance for full-year 2023 Adjusted EBITDA attributable to PAA to $2.60 - $2.65 billion from $2.45 - $2.55 billion.”

PLAINS GP HOLDINGS LP reported Three Months Ended September 30, 2023 results: net income $203 million, EPS $0.20.

“Three Months Ended September 30, % Nine Months Ended September 30, % GAAP Results 2023 2022 Change 2023 2022 Change Net income attributable to PAA $ 203 $ 384 (47) % $ 918 $ 774 19 % Diluted net income per common unit $ 0.20 $ 0.48 (58) % $ 1.04 $ 0.89 17 %”

PLAINS GP HOLDINGS LP reported second-quarter 2023 results: net income Net income attributable to PAA of $293 million, EPS Diluted net income per common unit $ 0.32. Guidance reaffirmed.

“Plains All American Reports Second-Quarter 2023 Results and Provides Updated 2023 Guidance”

PLAINS GP HOLDINGS LP shareholders approved Approval, on a non-binding advisory basis, of our 2022 named executive officer compensation at the 2023-05-24 meeting.

“Class A, Class B and Class C shareholders voted on the approval, on a non-binding advisory basis, of our 2022 named executive officer compensation as follows: For Against Abstained Percentage of Votes Cast FOR Broker Non-Votes 482,894,611 4,290,311 2,510,670 98.6% 151,278,296”

PLAINS GP HOLDINGS LP shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as PAGP's and PAA's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-24 meeting.

“Class A, Class B and Class C shareholders voted on the ratification of the appointment of PricewaterhouseCoopers LLP as PAGP's and PAA's independent registered public accounting firm for the fiscal year ending December 31, 2023 as follows: For Against Abstained Percentage of Votes Cast FOR Broker Non-Votes 633,208,162 6,174,081 1,591,645 98.8% -0-”

PLAINS GP HOLDINGS LP shareholders approved Election of four Class I directors to serve until the 2026 annual meeting at the 2023-05-24 meeting.

“Class A, Class B and Class C shareholders voted on the election of four Class I directors to serve on the board of directors of PAA GP Holdings LLC until the 2026 annual meeting as follows: Nominees For Withheld Percentage of Votes Cast FOR Broker Non-Votes 1. Willie Chiang 485,936,901 3,758,692 99.2% 151,278,295 2. Ellen DeSanctis 487,771,809 1,923,784 99.6% 151,278,295 3. Alexandra Pruner 462,953,076 26,742,517 94.5% 151,278,295 4. Larry Ziemba 484,733,703 4,961,890 99.0% 151,278,295”

PLAINS GP HOLDINGS LP reported first-quarter 2023 results: net income $422 million, EPS $0.52. Guidance reaffirmed.

“Plains All American Reports First-Quarter 2023 Results; Reaffirms 2023 Guidance Houston, TX – May 5, 2023 – Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported first-quarter 2023 results and reaffirmed 2023 guidance as highlighted below: First-Quarter Results • Reported Net income attributable to PAA of $422 million and Net cash provided by operating activities of $743 million • Delivered strong Adjusted EBITDA attributable to PAA of $715 million • Generated Free Cash Flow of $823 million, including approximately $284 million of asset sales • Reduced total debt by approximately $450 million • Increased annualized common distribution by $0.20 to $1.07 per unit (~23% increase, paid in February)”

PLAINS GP HOLDINGS LP reported twelve months ended December 31, 2022 results: net income $1,037 million, EPS $1.19. Guidance initiated.

“Plains All American Reports Fourth-Quarter and Full-Year 2022 Results; Announces 2023 Guidance”

PLAINS GP HOLDINGS LP reported three months ended December 31, 2022 results: net income $263 million, EPS $0.30.

“Plains All American Reports Fourth-Quarter and Full-Year 2022 Results; Announces 2023 Guidance”

PLAINS GP HOLDINGS LP reported Three Months Ended September 30, 2022 results: net income $ 384, EPS $ 0.48. Guidance raised.

“Plains All American Pipeline Summary Financial Information (unaudited) (in millions, except per unit data) Three Months Ended September 30, % Nine Months Ended September 30, % GAAP Results 2022 2021 Change 2022 2021 Change Net income/(loss) attributable to PAA $ 384 $ (59) ** $ 774 $ 143 ** Diluted net income/(loss) per common unit $ 0.48 $ (0.15) ** $ 0.89 $ (0.01) **”

Ellen R. DeSanctis was appointed as Director at PLAINS GP HOLDINGS LP.

“On July 26, 2022, the board of directors (the “Board”) of Plains GP Holdings, L.P.’s (“PAGP” or the “Registrant”) general partner, PAA GP Holdings LLC (the “Company”), appointed, effective August 15, 2022, Ellen R. DeSanctis as an independent member of the Board serving in Class I.”