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<div><p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><strong><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif;">1.  BASIS OF PRESENTATION</span></strong></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><strong><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif;"> </span></strong></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">The accompanying unaudited interim financial statements have been prepared in accordance with the accounting requirements of the Federal Energy Regulatory Commission ("FERC USA"), as set forth in its applicable Uniform System of Accounts and published accounting releases for quarterly reporting, which is a comprehensive basis of accounting other than accounting principles accepted in the United States of America ("GAAP"). Accordingly, they do not include all the information and footnotes required by FERC USA in the annual report.</span></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;"> </span></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">In accordance with FERC USA guidelines, prior year quarterly information is included in the FERC 6Q. In the opinion of management, they contain all adjustments, consisting only of normal recurring adjustments, which management considers necessary to present fairly the financial position as of March 31, 2026 and December 31, 2025; the results of operations for the three months ended March 31, 2026 and March 31, 2025; and cash flows for the three months ended March 31, 2026 and March 31, 2025, in accordance with the accounting requirements of FERC USA.</span></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;"> </span></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">The results of operations for the three ended March 31, 2026 and March 31, 2025 should not be taken as indicative of the results to be expected for the full year, due to seasonality, maintenance activities and other factors. The interim consolidated financial statements should be read in conjunction with the financial statements and notes thereto of Enbridge Energy, Limited Partnership ("Lakehead") presented in the Form No. 6 Annual Report filed for 2025.</span></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;"><br /><!-- [if !supportLineBreakNewLine]--><br /><!--[endif]--></span></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><strong><span lang="EN-CA" style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-ansi-language: EN-CA;"> </span></strong></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><strong><span lang="EN-CA" style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-ansi-language: EN-CA;">2. LEGAL PROCEEDINGS</span></strong></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span lang="EN-CA" style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-ansi-language: EN-CA;"> </span></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span style="font-size: 10.0pt; font-family: 'Arial',sans-serif;">We and our subsidiaries are involved in various legal and regulatory actions and proceedings which </span><span style="font-family: Arial, sans-serif; font-size: 13.3333px;">arise in the normal course of business, including interventions in regulatory proceedings and challenges </span><span style="font-family: Arial, sans-serif; font-size: 13.3333px;">to regulatory approvals and permits. While the final outcome of such actions and proceedings cannot be </span><span style="font-family: Arial, sans-serif; font-size: 13.3333px;">predicted with certainty, management believes that the resolution of such actions and proceedings will not </span><span style="font-family: Arial, sans-serif; font-size: 13.3333px;">have a material impact on our consolidated financial position or results of operations.</span></p>
<p class="MsoNormal" style="margin-bottom: 0in; line-height: normal; mso-layout-grid-align: none; text-autospace: none;"><span lang="EN-CA" style="font-size: 10.0pt; font-family: 'Arial',sans-serif; mso-ansi-language: EN-CA;"> </span></p>
<p><span lang="EN-CA" style="font-size: 10.0pt; line-height: 115%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-ansi-language: EN-CA; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">SEC regulations require the disclosure of any proceeding under environmental laws to which a governmental authority is a party unless the registrant reasonably believes it will not result in monetary sanctions over a certain threshold.</span></p></div>
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Enbridge Energy, Limited Partnership
/
Energy Center Five. 915 N. Eldridge Parkway, Suite 1100, Houston, TX 77079
Alan McCoy
Manager Accounting
200, 425 - 1st Street SW Calgary, Alberta, Canada, T2P 3L8
+1 403-231-5937
O
Nafeesa Kassam
VP Finance BP Liquids
Nafeesa Kassam
2026-06-04
794199747
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International Boundary
285170265
285170265
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Michigan
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Illinois
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N/A
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