Mr. Steve Williams reports

ENBRIDGE ANNOUNCES RETIREMENT OF GREG EBEL AND NAMES MICHELE HARRADENCE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER, EFFECTIVE JANUARY 1, 2027

Greg Ebel will retire as president and chief executive officer of Enbridge Inc., effective Dec. 31, 2026, and Michele Harradence has been appointed to succeed him as president and chief executive officer and to the board of directors, effective Jan. 1, 2027. Ms. Harradence is currently Enbridge's executive vice-president and president, gas distribution and storage. Mr. Ebel will remain a member of the board through his retirement date, and serve as an adviser to the board and Ms. Harradence from January until May, 2027.

The CEO transition comes as Enbridge continues to deliver on its strategy of expanding its North American energy infrastructure platform, including its liquids pipelines, gas transmission and storage, natural gas utility and renewable power businesses.

"Few leaders have shaped Enbridge as profoundly as Greg Ebel. Before becoming president and CEO, Greg played an integral role in the transformational merger of Spectra Energy and Enbridge. As board chair, and then president and CEO, he has been instrumental in securing Enbridge's $41-billion growth project backlog, expanding Enbridge's natural gas platform through the acquisition of three U.S. natural gas utilities from Dominion Energy, strengthening the company's financial position, and advancing Enbridge's voice on energy security, affordability and competitiveness. On behalf of the board of directors, I want to thank Greg for his extraordinary leadership and his many contributions to Enbridge and our industry. He leaves behind an enduring legacy and a company that is stronger, more diversified and better positioned for the future," said Steve Williams, chair of the Enbridge board of directors.

"The board has tremendous confidence in Michele and the experience, judgment and strategic leadership she brings to the role of CEO. Her deep commitment to Enbridge's people, customers and shareholders, together with her focus on safety, execution and results, make her the right leader to build on this momentum and guide the company into its next chapter," said Mr. Williams.

Mr. Ebel joined Enbridge in 2017, transitioning from president and CEO of Spectra Energy to chair of the board of Enbridge with the merger of the two companies. He became president and CEO in January, 2023. Mr. Ebel was honoured this year with the Maple Leaf Award of Distinction for his leadership in the energy sector and for strengthening the business relationships between Canada and the United States.

"It's been an honour to lead Enbridge and to work alongside the remarkable people who make this company what it is. I am particularly proud of the role we have played in building today's Enbridge, from the combination of Spectra Energy and Enbridge to the expansion of our natural gas utility business, and the continued growth of our energy infrastructure platform and growth project backlog. Most of all, I'm proud of our people and the culture we've built together. Colleagues across the organization share a commitment to high performance, being the first choice for those we serve and doing the right thing. I have every confidence in our strategy and our people, and Michele's leadership will only serve to enhance the exciting prospects in front of Enbridge today."

Ms. Harradence's appointment follows a multiyear succession planning process led by the board, and reflects her extensive leadership experience across Enbridge's gas distribution and gas transmission and mid-stream businesses, and her previous roles in the oil sands and in refining in Canada.

Ms. Harradence has led Enbridge's gas utilities since 2022, including guiding the integration of U.S. utility businesses that have helped make Enbridge one of North America's largest integrated gas utility platforms, serving 7.2 million homes, schools, hospitals and businesses in Canada and the United States. Prior to her appointment to the utility, she was senior vice-president and chief operations officer in Enbridge's gas transmission and mid-stream business in Houston. She joined Enbridge in 2014, having served previously in senior leadership roles with Shell Canada.

"Michele is an exceptional leader whose contributions have helped shape our corporate strategy, strengthen our business and position Enbridge for long-term success," said Mr. Ebel. "Enbridge is entering its next chapter from a position of strength, with a highly diversified business, a robust growth outlook and extraordinary opportunities ahead. As I prepare to retire, I do so with tremendous confidence in Michele, the leadership team and the company's continued momentum."

"I'm incredibly honoured by the board's trust in me. As we look ahead, Enbridge is exceptionally well positioned, with a portfolio of world-class assets, a strong financial foundation and growth opportunities across all our businesses. I am excited to work alongside our talented employees and management team to build on this momentum and advance the safe, reliable and affordable energy our customers depend on," said Ms. Harradence.

About Enbridge Inc.

Enbridge safely connects millions of people to the energy they rely on every day, fuelling quality of life through the company's North American natural gas, oil and renewable power networks, and its European offshore wind portfolio. Enbridge is investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. Enbridge is advancing new technologies, including hydrogen, renewable natural gas, and carbon capture and storage. Headquartered in Calgary, Alta., Enbridge's common shares trade under the symbol ENB on the Toronto Stock Exchange and New York Stock Exchange.

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