EIC/GPA Midstream ESG Reporting Template

EIC/GPA Midstream ESG ReEpICo/rGtinPgATMemidpstlareteam(1) ESG Reporting Template (1)

Developed by the Energy Infrastructure Council in collaboration with GPA Midstream Association

Developed by the Energy Infrastructure Council in collaboration with GPA Midstream AssoVceirastioionn2.0 Effective March 2022

Version 2.0 Effective March 2022

Parent Company: Loews Corporation

Parent Company: Loews Corporation

Operating Company: Boardwalk Pipelines

Operating Company: Boardwalk Pipelines

Report Date: November 2022

Report Date: November 2022

Contact(s): Mercy Kamps

Contact(s): Mercy Kamps

Membership: EIC, GPA Midstream, Both, Neither: EIC

Membership: EIC, GPA Midstream, Both, Neither: EIC

Metric

Metric

Unit

Latest Year 2021

Prev2io0u2sU0Yneitar

Year-2 2019

Latest Year

Previous Year

Year-2

2C0o2m1 ments, Links, A2d0d2i0tional Informatio2n0,1a9nd NotesComments, Links, Ad

Activity

Activity

1.1

EBITDA

1.1

EBITDA

1.2

Gross Throughput

1.2

Gross Throughput

1.3

Miles of Pipeline (Total Pipeline) 1.3

Miles of Pipeline (Total Pipeline)

1.4

Carbon Accounting Basis for Data1.4

Carbon Accounting Basis for Data

Environment (2)

Environment (2)

Million US $ Thousand BOE

Miles Operational/Equity/Financial

$

842.80 $ Mil8lio19n.0U0S $ $

821.$00 842.80

593,843.30

T5h4o6u,0s7a1n.d40BOE 505,275.90 593,843.30

14,065

1M4i,l0e9s5

14,055 14,065

Operational OperaOtipoenralt/iEoqnuality/FinanOcpiaelrationalOperational

$

819.00

546,071.40

14,095

Operational

$

821.00

505,275.90

14,055

Operational

Hydrocarbon Releases

Hydrocarbon Releases

2.1

Number of hydrocarbon liquid rel2e.a1ses beyonNdusmebcoenr doafrhyycdornotcaainrbmoennltiq>u5idbrbelleases beyond secondary containment > 5 bbl

2.2

Volume of hydrocarbon liquid rele2a.2ses beyonVdosluecmoendoafrhyycdornotcaainrbmoennltiq>u5idbrbelleases beyond secondary containment > 5 bbl

#

0

0#

0

0

0

0

bbls

0

0 bbls

0

0

0

0

2.3

Hydrocarbon Liquid Releases Inten2s.3ity per MHileydorfoPcipaerblionne -LiTqoutiadl Releases Intensity per Mile of Pipeline - Total

bbl/mile

0

b0bl/mile

0

0

0

0

Emissions

Emissions

2.4

Total GHG Emissions (Scope 1 + Sc2o.4pe 2) - ToTtaoltal GHG Emissions (Scope 1 + Scope 2) - Total

mt co2e

2,878,648

Nm/At co2e

N/A

2,878,648

N/A

N/A

2.4.1

Scope 1 GHG Emissions - Total 2.4.1

Scope 1 GHG Emissions - Total

mt co2e

2,774,678

2,m68t1c,1o220e

3,012,441 2,774,678

2,681,120

3,012,441

2.4.1.1

Scope 1 CO2 Emissions - Total 2.4.1.1

Scope 1 CO2 Emissions - Total

mt CO2

1,842,548

1,5m8t7,C8O424

1,514,106 1,842,548

1,587,844

1,514,106

2.4.1.2 2.4.1.3 2.4.1.4 2.4.2 2.4.2.1 2.4.2.2 2.4.2.3 2.4.3 2.5

2.6

2.6.1 2.6.2 2.6.3 2.6.4 2.7 2.8

Scope 1 Methane Emissions - T2o.t4a.l1.2

Scope 1 Methane Emissions - Total

mt CH4

Scope 1 Nitrus Oxide Emissions2-.4T.o1t.a3l

Scope 1 Nitrus Oxide Emissions - Total

mt N2O

Percent of Scope 1 emissions th2a.4t.a1r.e4 methanPeercent of Scope 1 emissions that are methane

%

Scope 1 GHG Emissions - EPA 2.4.2

Scope 1 GHG Emissions - EPA

Scope 1 CO2 Emissions - EPA 2.4.2.1

Scope 1 CO2 Emissions - EPA

TSoctSSoacclpooGeppHee2G11GEHMNmGietirtsEuhsmsiaonOinsesxsiiEod(SmnecsiEosmpsieoisn1ssi+o-nSEsc2222Po-....A4445pE...eP223A..223)

Scope 1 Methane Emissions - EPA Scope 1 Nitrus Oxide Emissions - EPA InteTnSosctitoaylppGeeH2rGTGhEHomGuissEasmniodinssBsiOo(SnEc-soTpoeta1l + Scope 2)

Intensity

per

Thousand

BOE-

Total

mt co2e mt CO2 mt CH4 mt N2O mt co2e mt co2e/Thousand BOE

Scope 1 Methane Emissions Intensity per ONE Future Methodology (See EIC Definitions tab for instructions)

2.6

Scope 1 Methane Emissions Intensity per ONE Future Methodology (See EIC Definitions tab for instructions)

For Transmission and Storage Sector

%

For Processing Sector

2.6.1

For Transmission and Storage Sector

%

For Gathering and Boosting Sect2o.r6.2

For Processing Sector

%

For Production Sector

2.6.3

For Gathering and Boosting Sector

%

Does the company participate in 2a.n6e.4xternal eFmoirssPiorondsurectdiuocntiSoencptoror gram?

Yes/No

Does the company have a greenho2u.7se gas emDisoseiosntshreedcoumctipoanntyaprgaertt?icipate in an external emissions reduction program?

Yes/No

37,243 3.56 34%

2,314,707 1,719,389

23,774 3.24

103,970 N/A

N/A N/A N/A N/A N/A Yes No

m4t3,C7H341

59,933 37,243

43,731

59,933

Nm/At N2O

N/A

3.56

N/A

N/A

%41%

50%

34%

41%

50%

2,m35t6c,9o429e

2,660,915 2,314,707

2,356,949

2,660,915

1,4m9t2,C5O224

1,385,229 1,719,389

1,492,524

1,385,229

mt co2NNNemmm////3TAAAttt4hcN,Co5oH2u72Os47eand BOE

51,027 N/A N/A N/A

23,774

34,577

51,027

3.24

N/A

N/A

103,970

N/A

N/A

NO/ANE Future membersNin/tAhe Transmission andNS/toArage sector show the

N/A

N/A

following 2020 intensity result: 0.142%.

ONE Future members in

N/A

N/A

N/A

2021 inNte/nAsity result is not yet Nav/aAilable.

followin

N/A %

N/A

N/A

N/A

N/A

2021 int

N/A %

N/A

N/A

N/A

N/A

N/A %

N/A

N/A

N/A

N/A

Yes %

Yes

N/A

N/A

N/A

NYoes/No

No

Yes

Yes

Yes

2.9

NOx Emissions

2.8

Does the company have a greenhouse gas emissions reduction target?

Metric Tons

6,886

Ye7s,/4N5o1

7,360 No

No

No

2.10

SOx Emissions

2.9

NOx Emissions

Metric Tons

35

Metric T3o0ns

35 6,886

7,451

7,360

2.11

VOC Emissions

2.10

SOx Emissions

Metric Tons

808

Metric7T5o8ns

931

35

30

35

2.12

% of electricity used that is renew2a.b1l1e

VOC Emissions

2.13

Did the company bank GHG reduc2t.io1n2s from %Caorbf oenleCctarpictuitryeuasneddStthoartagiserPernoejwecatbs?le

% Yes/No

0 No

MNe0otri%c Tons

0 No

808 0

758 0

931 0

2.14

Does the company seek third part2y.1d3ata verifDiciadtitohnefcoormanpyaneynvbiraonnkmGeHnGtarlemdeutcrticiosn?s from Carbon Capture and Storage Projects?

Yes/No

No

NYoes/No

No

No

No

No

Asset Diversification and Biodive2rs.i1t4y

Does the company seek third party data verification for any environmental metrics?

Yes/No

No

No

No

2.15 2.16

Does the company participate in any efforts tAosesxeptaDnidvethrseifsichaatrieoonfaanltderBniaotdivivee/rresinteywable energy sources in the company's portfolio? If yes, please pDrooevsidtheelincoksmtpoaEnSyGhraevpeoartbsi,owdeivbep2ras.1igt5eyspaonlidcyoDpothrrooecevrosidmdtihesmeclilinotcmoskusmertnepotsafEanoSsyrGsnpureapewrpptiooacrirnpttd.sa,teewxiiesntbianpngaygaesessfefaotnsr?dtsottoheexrpdaisncdlotshuereshsaarsesoufpaplotertr.native/renewable energy sources

in

the

Yes/No company's

Yes/No

portfolio?

If

yes,

plNeaose Yes

No YeYses/No

No

Yes

No

No

No

(2) In March 2022, the SEC proposed extensive climat2e.1ch6ange discDlooseursetrheeguclaotmionp,athnayt,hifaavdeopatbedio, wdiovueldrsliikteylyproelqicuyireocrocmopmanmieistmtoepnrotvfioder mneowre adentdaileexdisatnidngcoamspsleetxse?nvironmental disclosures than contemplated by this template. For example, complianceYweitsh/Nthoe "Emissions" section of thisYteesmplate would likely nYoetsbe adequate for the Ypuersposes of compliance

with the SEC's proposed regulation. should seek the advice of counsel.

The proposed r(e2g) uInlaMtioanrcahls2o0c2o2n,ttehmepSlEaCtepsrsoigpnoisfiecdanetxetexpnasnivdeecdlidmisactleoscuhraensgreegdairsdcliongsucroemrepgaunileasti'ocnli,mthataet,cihf aandgoep-treedla,twedougoldvelirknealyncree,qsutirraetecgoym, gpoaanliseasntdo mpreotvriidcseamndorreisdkeatnaailleydseasn. dFocromcopnlseidxeernavtiioronnsmreegnatradlindgisccolomsuprlieasnctheawnitchonthteemprpolaptoesdedbyclitmhiastteecmhpanlagtee.disFcolorseuxraemrepgleu,lactoiomnpsloiarnoctehewritrhegtuhleat"oErmy oisrsiloegniss"lasteivcetimonatotfetrhs,iscotemmppalnaitees would likely n

with the SEC's proposed regulation. The proposed regulation also contemplates significant expanded disclosures regarding companies' climate change-related governance, strategy, goals and metrics and risk analyses. For considerations regarding compliance with the proposed climate change disclosure regulations or ot

should seek the advice of counsel.

Boardwalk Pipelines

2021 Sustainability Report 52

3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14

4.1 4.2 4.3 4.4 4.5

4.6 4.7 4.7.1 4.8

4.9 4.10 4.11 4.12 4.13 4.14

4.15

4.16.1 4.16.2 4.16.3

Social Total Recordable Incident Rate (TRIR) - employees Total Recordable Incident Rate (TRIR) for major growth projects - contractors Days away, restricted or transferred (DART) - employees Days away, restricted or transferred (DART) for major growth projects - contractors Lost Time Incident Rate (LTIR) - employees Lost Time Incident Rate (LTIR) for major growth projects - contractors Fatalities - employees Fatalities - contractors Does the company have an indigenous engagement policy or commitment for new and existing assets? % workforce that is female % workforce from minority groups (EEOC defined) % workforce covered under collective bargaining agreements Does the company seek third party data verification for any social metrics? $ invested in local communities per every $100,000 of of adjusted EBITDA Governance Diversity % directors that are female % corporate officers (VP and up) that are female % directors from minority groups (EEOC defined) % corporate officers (VP and up) from minority groups (EEOC defined) Is any director under the age of 50? Directors % independent directors How many directors received less than 80% votes cast in favor when running unopposed in last 5 years? Does the company have a formal ESG oversight structure with associated accountability? Does the company have directors with risk management experience? Compensation Has the company received less than 70% support for Say On Pay in any of the last 5 years? What % of CEO target pay is performance-based? What % of CEO target pay is equity-based? Are there any shareholder return metrics (total return, return on invested capital, etc.) in any NEO equity compensation plan? Is at least 10% of Named Executive Officer (NEO) short-term incentive (STI) or long-term incentive (LTI) linked to E or S metrics? Does the company tie any amount of pay for management and/or employees to ESG objectives? Share Ownership

Have any corporate officers or directors made share purchases with personal funds in the last 5 years? Board Oversight Which of these data sets are collected and shared with board?

Voluntary employee turnover company-wide and by at least one additional level (e.g. business unit, location, or division) % of employees who participate in company sponsored matching gift programs and/or volunteer for corporate sponsored charitable events Gender Pay Ratio

# # # # # # # # Yes/No % % % Yes/No US $

% % % % Yes/No

% # Yes/No Yes/No

Yes/No % %

Yes/No Yes/No Yes/No

Yes/No

Yes/No Yes/No Yes/No

0.26 0

0.26 Not measured

0.26 Not measured

0 0 No 21 13 8 Yes 74.85

1.09 0

0.84 Not measured

0.67 Not measured

0 0 No 21 13 8 Yes N/A

1.01 0.40 0.42 Not measured 0.42 Not measured

0 0 No 21 13 8 Yes N/A

17

17

17

22

22

21

17

17

17

8

8

8

Yes

Yes

Yes

N/A

N/A

N/A

N/A

N/A

N/A

Yes

Yes

Yes

Yes

Yes

Yes

N/A

N/A

N/A

66

66

67

N/A

N/A

N/A

No

No

No

N/A

N/A

N/A

Yes

Yes

Yes

N/A

N/A

N/A

Yes

No

No

Yes

No

No

Yes

No

No

4.16.4

4.17

4.18.1 4.18.2 4.18.3 4.19 4.19.1

Underlying data from an employee satisfaction survey that is anonymous and at least annual

Supply Chain Does the company require suppliers to sign off on a code of conduct or equivalent codes? Cybersecurity Does the company undertake any of the following to manage cybersecurity risk?

Mandatory employee training Adherence to industry cybersecurity standards Ongoing evaluation of the threat landscape Does the company publish an annual proxy statement? If no, expand for more metrics (click "+" to the left)

Does the company have an IDR structure?

4.19.2

What is the ownership structure of the General Partner?

4.19.3

What % of the Limited Partnership board is elected by unit holders?

Yes/No Yes/No

Yes

Yes

No

This information is shared with members of the board of directors

through weekly management updates, but not with BOD in its entirety.

Yes

Yes

Yes

Yes/No Yes/No Yes/No Yes/No

Yes/No

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

No

No

No

No

No

No

Externally or Sponsor-owned / Wholly owned by the MLP / other

Wholly owned subsidiary of Loews Corporation

Wholly owned subsidiary of Loews Corporation

Wholly owned subsidiary of Loews Corporation

%

N/A

N/A

N/A

4.19.4

What level of detail does the Limited Partnership publicly provide regarding compensation of named executives?

Boardwalk Pipelines

Full, Partial, None

N/A

N/A

N/A

2021 Sustainability Report 53

EIC/GPA Midstream ESG Reporting Template (1)

Developed by the Energy Infrastructure Council in collaboration with GPA Midstream Association

Version 2.0 Effective March 2022

4.19.5 4.19.5.1 4.19.6

4.19.6.1

4.19.6.2

Parent Company: Loews Corporation Operating Company: Boardwalk Pipelines Report Date: November 2022 Contact(s): Mercy Kamps

Does the Limited Partnership have stMocekmboewrsnheipr:sEhICip, GgPuAidMeildinsteresaimn,pBloatche, Nfeoirthtehre: ECICEO? If yes, What multiple of the CEO's base salary is he or she required to own in Limited Partnership units?

Does the Limited Partnership have stock ownership guidelines in place for directors? If yes, If directors of the Limited Partnership receive an annual cash retainer, what multiple of such annual cash retainer is he or she

WharetqmuuirletidplteooofwthneinGLPi'ms iitneddePpaernMtdneeentrrstihcdiipreucntoitrs'?s annual cash retainer is he or she required to own in Limited Partnership units?

Yes/No x times / N/A

Yes/No

x times / N/A

x times / N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A N/A

NN//AAUnit

N/A N/A

Latest Year 2021

Previous Year 2020

Year-2 2019

Comments, Links, Ad

(1) Governmental bodies and investors are increasingly focused onAccotmivpiatnyies' ESG practices and disclosures, and increasingly there are proposed and adopted regulations, legislation and investor expectations that can have a direct impact on companies seeking to comply through disclosure. While this template provides one approach to reporting on various ESG

matters, it does not take all voluntary frameworks or1s.1tandards inEtoBcIToDnsAideration, nor is it designed to address proposed or adopted regulations and legislation. For compliance with proposed or adopted regulations and legislation, companies should seek the aMdvililcieonofUcoSu$nsel.

$

842.80 $

819.00 $

821.00

1.2

Gross Throughput

Thousand BOE

593,843.30

546,071.40

505,275.90

1.3

Miles of Pipeline (Total Pipeline)

Miles

14,065

14,095

14,055

1.4

Carbon Accounting Basis for Data

Environment (2)

Operational/Equity/Financial

Operational

Operational

Operational

Hydrocarbon Releases

2.1

Number of hydrocarbon liquid releases beyond secondary containment > 5 bbl

2.2

Volume of hydrocarbon liquid releases beyond secondary containment > 5 bbl

#

0

0

0

bbls

0

0

0

2.3

Hydrocarbon Liquid Releases Intensity per Mile of Pipeline - Total

bbl/mile

0

0

0

Emissions

2.4

Total GHG Emissions (Scope 1 + Scope 2) - Total

mt co2e

2,878,648

N/A

N/A

2.4.1

Scope 1 GHG Emissions - Total

mt co2e

2,774,678

2,681,120

3,012,441

2.4.1.1

Scope 1 CO2 Emissions - Total

mt CO2

1,842,548

1,587,844

1,514,106

2.4.1.2

Scope 1 Methane Emissions - Total

mt CH4

37,243

43,731

59,933

2.4.1.3

Scope 1 Nitrus Oxide Emissions - Total

mt N2O

3.56

N/A

N/A

2.4.1.4

Percent of Scope 1 emissions that are methane

%

34%

41%

50%

2.4.2

Scope 1 GHG Emissions - EPA

mt co2e

2,314,707

2,356,949

2,660,915

2.4.2.1

Scope 1 CO2 Emissions - EPA

mt CO2

1,719,389

1,492,524

1,385,229

2.4.2.2

Scope 1 Methane Emissions - EPA

mt CH4

23,774

34,577

51,027

2.4.2.3

Scope 1 Nitrus Oxide Emissions - EPA

mt N2O

3.24

N/A

N/A

2.4.3

Scope 2 GHG Emissions

mt co2e

103,970

N/A

N/A

2.5

Total GHG Emissions (Scope 1 + Scope 2) Intensity per Thousand BOE- Total

mt co2e/Thousand BOE

N/A

N/A

N/A

2.6

Scope 1 Methane Emissions Intensity per ONE Future Methodology (See EIC Definitions tab for instructions)

ONE Future members in

N/A

N/A

N/A

followin

2.6.1

For Transmission and Storage Sector

%

N/A

N/A

N/A

2021 int

2.6.2

For Processing Sector

%

N/A

N/A

N/A

2.6.3

For Gathering and Boosting Sector

%

N/A

N/A

N/A

2.6.4

For Production Sector

%

N/A

N/A

N/A

2.7

Does the company participate in an external emissions reduction program?

Yes/No

Yes

Yes

Yes

2.8

Does the company have a greenhouse gas emissions reduction target?

Yes/No

No

No

No

Boardwalk Pipelines

2.9

NOx Emissions

Metric Tons

6,886

7,451

7,360

2.10

SOx Emissions

Metric Tons

35

30

35

2.11

VOC Emissions

2.12

% of electricity used that is renewable

2.13

Did the company bank GHG reductions from Carbon Capture and Storage Projects?

Metric Tons %

Yes/No

808 0 No

758 0 No

931 0 No

2.14

Does the company seek third party data verification for any environmental metrics?

Yes/No

No

No

No

Asset Diversification and Biodiversity

2.15

Does the company participate in any efforts to expand the share of alternative/renewable energy sources in the company's portfolio? If yes, please provide links to ESG reports, webpages and other disclosures as support.

Yes/No

No

No

No

2.16

Does the company have a biodiversity policy or commitment for new and existing assets?

Yes/No

Yes

Yes

Yes

(2) In March 2022, the SEC proposed extensive climate change disclosure regulation, that, if adopted, would likely require companies to provide more detailed and complex environmental disclosures than contemplated by this template. For example, compliance with the "Emissions" section of this template would likely n

with the SEC's proposed regulation. The proposed regulation also contemplates significant expanded disclosures regarding companies' climate change-related governance, strategy, goals and metrics and risk analyses. For considerations regarding compliance with the proposed climate change disclosure regulations or ot

should seek the advice of counsel.

2021 Sustainability Report 54

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