KINDER MORGAN, INC.

Reconciliations from Net Income Attributable to Kinder Morgan, Inc.

(a)See table included in “—Overview—Non-GAAP Financial Measures—Certain Items” above.

(b)See “—Non-GAAP Financial Measures—Reconciliation of Net Income Attributable to Kinder Morgan, Inc. to Adjusted Net Income Attributable to Kinder Morgan, Inc.” for a detailed listing.

(c)Other for each of the periods ended June 30, 2026 and 2025 includes Adjusted net income in excess of distributions for participating securities of less than $1 million.

(d)To avoid duplication, adjustments for income tax expense for the periods ended June 30, 2026 and 2025 exclude $37 million and $(2) million for the three-month periods, respectively, and $11 million and $(37) million for the six-month periods, respectively, which amounts are already included within “Certain Items.” See table included in “—Overview—Non-GAAP Financial Measures—Certain Items” above.

(e)To avoid duplication, adjustments for interest, net for the three and six-month periods ended June 30,2025 exclude $(1) million and $1 million, respectively, which amounts are already included within “Certain Items.” See table included in “—Overview—Non-GAAP Financial Measures—Certain Items,” above.

(f)Includes amortization of basis differences related to our joint ventures.

(g)Includes the tax provision on Certain Items recognized by the investees that are taxable entities associated with our Citrus, NGPL Holdings LLC, and Products (SE) Pipe Line equity investments. The impact of KMI’s income tax provision on Certain Items affecting earnings from equity investments is included within “Certain Items” above.

Below is a discussion of significant changes in our Adjusted Net Income Attributable to Kinder Morgan, Inc. and Adjusted EBITDA:

Adjusted Net Income Attributable to Kinder Morgan, Inc. increased$202 million and $499 million for the three and six months ended June 30, 2026, respectively, as compared to the respective prior year periods. The increases resulted prima rily from favorable earnings across all of our business segments, which were also the primary drivers of the increase in Adjusted EBITDA of$227 million and $609 million, respectively.

General and Administrative and Corporate Charges

General and administrative expenses increased$4 million and $1 million, and corporate charges decreased$4 million and$16 million for the three and six months ended June 30, 2026, respectively, when compared with the respective prior year periods. The combined change for the three-month period was flat and the decrease for the six-month period primarily includes lower pension, legal, and corporate facility costs partially offset by higher benefit-related and labor costs.