APA GROUP — Investor Presentation 2020

Aug 25, 2020

Australian Pipeline Ltd ACN 091 344 704 | Australian Pipeline Trust ARSN 091 678 778 | APT Investment Trust ARSN 115 585 441 Level 25, 580 George Street Sydney NSW 2000 | PO Box R41 Royal Exchange NSW 1225 Phone +61 2 9693 0000 | Fax +61 2 9693 0093 APA Group | apa.com.au

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26 August 2020

ASX ANNOUNCEMENT

APA Group (ASX: APA)

Financial Results Presentation

APA Group provides the attached financial results presentation for the year ended 30 June 2020.

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Authorised for release by Nevenka Codevelle

Company Secretary Australian Pipeline Limited

For further information, please contact:

Investor enquiries: Media enquiries: Jennifer Blake Vanessa Puli Head of Investor Relations Head of Corporate Communications Telephone: +61 2 9693 0097 Telephone: +61 2 9228 8300 Mob: +61 455 071 006 Mob: +61 436 469 356 Email: jennifer.blake@apa.com.au Email: vanessa.puli@apa.com.au

About APA Group (APA)

APA is a leading Australian energy infrastructure business, owning and/or operating around $22 billion of energy infrastructure assets. Its gas transmission pipelines span every state and territory on mainland Australia, delivering approximately half of the nation’s gas usage. APA has direct management and operational control over its assets and the majority of its investments. APA also holds ownership interests in a number of energy infrastructure enterprises including SEA Gas Pipeline, SEA Gas (Mortlake) Partnership, Energy Infrastructure Investments and GDI Allgas Gas Networks.

APT Pipelines Limited is a wholly owned subsidiary of Australian Pipeline Trust and is the borrowing entity of APA Group.

For more information visit APA’s website, apa.com.au

financial results year ended 30 June 2020.

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26 August 2020

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disclaimer

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This presentation has been prepared by Australian Pipeline Limited (ACN 091 344 704) as responsible entity of the Australian Pipeline Trust (ARSN 091 678 778) and APT Investment Trust (ARSN 115 585 441) (APA Group).

The information in this presentation does not contain all the information which a prospective investor may require in evaluating a possible investment in APA Group and should be read in conjunction with the APA Group’s other periodic and continuous disclosure announcements which are available at www.apa.com.au. All references to dollars, cents or ‘$’ in this presentation are to Australian currency, unless otherwise stated.

Not financial product advice: Please note that Australian Pipeline Limited is not licensed to provide financial product advice in relation to securities in the APA Group. This presentation is for information purposes only and is not financial product or investment advice or a recommendation to acquire APA Group securities and has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek professional advice if necessary. Past performance: Past performance information should not be relied upon as (and is not) an indication of future performance.

Forward looking statements: This presentation contains certain forward looking information, including about APA Group, which is subject to risk factors. “Forward-looking statements” may include indications of, and guidance on, future earnings and financial position and performance. Forward-looking statements can generally be identified by the use of forward-looking words such as, 'expect', 'anticipate', 'likely', 'intend', 'could', 'may', 'predict', 'plan', 'propose', 'will', 'believe', 'forecast', 'estimate', 'target', 'outlook', 'guidance' and other similar expressions and include, but are not limited to, forecast EBIT and EBITDA, operating cashflow, distribution guidance and estimated asset life.

APA Group believes that there are reasonable grounds for these forward looking statements and due care and attention have been used in preparing this presentation. However, the forward looking statements, opinions and estimates provided in this presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions and are subject to risk factors associated with the industries in which APA Group operates. Forward-looking statements, opinions and estimates are not guarantees or predictions of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of APA Group, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct. There can be no assurance that actual outcomes will not materially differ from these forward-looking statements, opinions and estimates. A number of important factors could cause actual results or performance to differ materially from such forward-looking statements, opinions and estimates.

Investors should form their own views as to these matters and any assumptions on which any forward-looking statements are based. APA Group assumes no obligation to update or revise such information to reflect any change in expectations or assumptions.

Investment risk: An investment in securities in APA Group is subject to investment and other known and unknown risks, some of which are beyond the control of APA Group. APA Group does not guarantee any particular rate of return or the performance of APA Group.

Non-IFRS financial measures: APA Group results are reported under International Financial Reporting Standards (IFRS). However, investors should be aware that this presentation includes certain financial measures that are non-IFRS financial measures for the purposes of providing a more comprehensive understanding of the performance of the APA Group. These non-IFRS financial measures include EBIT, EBITDA and other “normalised” measures. Such non-IFRS information is unaudited, however the numbers have been extracted from the audited financial statements.

Not an offer: This presentation does not constitute an offer, invitation or recommendation to subscribe for or purchase any security. In particular, this presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. Securities may not be offered or sold, directly or indirectly, in the United States or to persons that are acting for the account or benefit of persons in the United States, unless they have been registered under the U.S. Securities Act of 1933, as amended (the U.S. Securities Act), or are offered and sold in a transaction exempt from, or not subject to, the registration requirements of the U.S. Securities Act and any other applicable state securities laws.

Non-GAAP financial measures: Investors should be aware that certain financial data included in this presentation are "non-GAAP financial measures" under Regulation G of the U.S. Securities Exchange Act of 1934, as amended. These measures are EBITDA, normalised EBITDA and statutory EBITDA. The disclosure of such non-GAAP financial measures in the manner included in the presentation may not be permissible in a registration statement under the U.S. Securities Act. These non-GAAP financial measures do not have a standardised meaning prescribed by Australian Accounting Standards and therefore may not be comparable to similarly titled measures presented by other entities, and should not be construed as an alternative to other financial measures determined in accordance with Australian Accounting Standards. Although APA Group believes these non-GAAP financial measures provide useful information to users in measuring the financial performance and condition of its business, investors are cautioned not to place undue reliance on any non-GAAP financial measures included in this presentation.

2

results overview Rob Wheals CEO & Managing Director

FY2020 highlights – sound results

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$ million	FY2020	FY2019	change
Statutory results
Revenue excluding pass-through(1)	2,129.5	2,031.0	Up	4.8%
EBITDA	1,653.9	1,573.8	Up	5.1%
Net profit after tax	317.1	288.0	Up	10.1%
Operating cash flow(2)	1,095.9	1,012.1	Up	8.3%
Operating cash flow per security (cents)(3)	92.9	85.8	Up	8.3%
Distributions
Distributions per security (cents)	50.0	47.0	Up	6.4%
Franking credits per security (cents)	7.31	6.86	Up	6.6%
Distribution payout ratio(4)	53.8%	54.8%	Down	1.8%

Notes:

(1) Pass-through revenue is revenue on which no margin is earned.

(2) Operating cash flow = net cash from operations after interest and tax payments.

(3) Operating cash flow per security has been adjusted for the rights issue completed on the 23 March 2018.

• (4) Distribution payout ratio = total distribution applicable to the financial year as a percentage of operating cash flow.

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COVID-19 Impact & response

Impact of COVID-19

• Pivotal part of essential service supply chain

• Customers first:

• Targeted customer “check-ins”

• Targeted financial assistance for customers in vulnerable circumstances

• Additional gas market and systems training

• Employees responded to the challenge

• Ample liquidity & available headroom with ratings metrics

• Investment decisions may be delayed

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APA’s Crisis Management Team activated in March 2020:

• Liaise with regulators, government agencies, industry groups, customers and suppliers

• Ensure ongoing provision of reliable energy infrastructure services

• Permits for employees and contractors

• COVIDSafe working arrangements including access to expert health advice

• Split teams and roster

• Sufficient IT capability, capacity and cyber surveillance

• Health, safety and wellbeing of our people

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Orbost Gas Processing Plant – Transition Agreement

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Orbost Gas Processing Plant, VIC
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Orbost has supplied 3.5 PJs into the market since March 2020, reaching a max daily nomination of 53 TJ/d.

• APA and Cooper jointly focused on completing the plant to deliver additional gas supply to the market

• Aligns goals between the parties to maximise stable processing capacity

• Provides for the sharing of costs and revenue during the transition

• Analysis to identify the cause of the foaming that has impeded completion to date is continuing, alongside the technology provider

• Immediate focus areas are:

• Completion of minor plant modifications

• Execution of Phase 2 plant works planned for Dec 2020 quarter

• Capital expenditure to date for the plant is approximately $440 million (to 30 June 2020)

Transition Agreement is subject to the support of Cooper’s financiers

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Strategic Imperative highlights (1/4) customer centric

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APA made progress in the journey to put customers at the centre through our Red Dot program and collaborating with Energy Charter signatories across the energy supply chain

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Red Dot Program

• Customer Promise launched

• Red Dot Program to improve customer service

• Improved outage management notification

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Energy Charter

• APA first Energy Charter disclosure report submitted 30 Sep 2019

• The Independent Accountability Panel issued its evaluation report in Nov 2019

  • 32 recommendations

• Expanded customer feedback survey program to track customer satisfaction

• Stakeholder engagement for regulatory processes

• Customers and regional suppliers offered support in response to COVID

• #BetterTogether initiatives are industry wide collaboration opportunities:

• Improved gas connection services and stakeholder engagement

• A unified approach to COVID support for customers

• Ongoing initiatives (e.g. improve pipeline information transparency)

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Strategic Imperative highlights (2/4) operational excellence (safety & sustainability)

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✓ 99.9% gas Health and safety nomination • FY2020 TRIFR result 9.09 delivery ability to respond to customer needs

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Sustainability

• Developing a Sustainability Roadmap , including a Climate Change Management Plan

• Published Climate Change Position Statement

• Aligned our climate disclosures to the TCFD recommendations

✓ Process safety rollout of a 3-year

program

• Work under way to improve overall TRIFR

• Employee safety results have been pleasing

• New Health, Safety, Environment & Heritage 3-year strategic plan launched

• No regulatory penalties re Work Health and Safety

• No fatalities

• Second climate-related scenario analysis to be published early Oct

• Scope 1 emissions for FY19 (as reported to NGERS) increased 1.8%

• Scope 2 emissions decreased slightly

Notes:

• (1) Total reportable injury frequency rate (TRIFR) is measured as the number of lost time and medically treated injuries sustained per million hours worked. All data includes both employees and contractors.

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Strategic Imperative highlights (3/4) growth & innovation

Growth

• $1.7 billion plus growth capex FY2017 – FY2020

• $288 million growth capex in FY2020

• +5.1% EBITDA growth in FY2020

Contributing assets include:

• Darling Downs Solar Farm (QLD)

• Badgingarra Wind & Solar Farms (WA)

• Yamarna Gas Pipeline & Gruyere Power Station (WA)

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Gruyere Power Station, WA
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Darling Downs Solar Farm, QLD
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• Renewable methane project – received $1.1m ARENA funding

• Renewable hydrogen project - submitted for ARENA funding for a pilot facility at Badgingarra

• 54% of power generation fleet is Renewables

• Moomba Sydney Pipeline reliability & capacity increase – through innovative upgrade of engines & control systems

• $139 million SIB & IT technology capex in FY2020

Innovation

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Strategic Imperative highlights (4/4)

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Financial Strength

Stakeholder Relationships

+8.3% OCF/security to 92.9 cents per security

Stakeholder engagement AGP & RBP regulatory processes

Ample liquidity

cash & committed undrawn facilities of $2.5bn

Regulatory outcomes & RIS submission GGP reset; RIS ongoing

Strong credit metrics

12.2% FFO to Net debt (APA calculation)

Bush fire & COVID response supporting communities

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Reedy Creek Wallumbilla Pipeline, QLD
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People & Culture

New operating model clarity of roles

Agile response

to COVID-19, bushfires and drought conditions

Gender targets

Renewed targets for FY25

Employee culture survey input into culture program and operating model

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financial performance Peter Fredricson Chief Financial Officer

summary results

$ million	FY2020 FY2019 Change
Revenue excluding pass-through(1)	2,129.5 2,031.0 4.8%
EBITDA Depreciation and amortisation	1,653.9 1,573.8 5.1% (651.6) (611.4) (6.6%)
EBIT Net interest expense	1,002.4 962.4 4.2% (497.3) (497.4) 0.0%
Pre-tax profit Tax	505.0 465.0 8.6% (187.9) (177.0) (6.2%)
Net profit after tax	317.1 288.0 10.1%
Operating cash flow(3)	1,095.9 1,012.1 8.3%
Operating cash flow per security (cents)(4)	92.9 85.8 8.3%
Distribution per security (cents)	50.0 47.0 6.4%
Distribution payout ratio(5)	53.8% 54.8% (1.8%)

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APA made the following contributions to the broader economy during FY2020:

• $1,102 million paid to Suppliers

• $215 million paid to Employees

• $354 million paid in Taxes[(2)]

• $572 million paid to Securityholders

• $468 million interest paid to Lenders

Notes: Numbers in the table may not add due to rounding.

• (1) Pass-through revenue is revenue on which no margin is earned.

• (2) Includes corporate tax, GST, payroll tax and PAYG tax withheld from salaries and wages.

• (3) Operating cash flow = net cash from operations after interest and tax payments.

• (4) Operating cash flow per security has been adjusted for the rights issue completed on the 23 March 2018.

• (5) Distribution payout ratio = total distribution applicable to the financial year as a percentage of operating cash flow.

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FY2020 result: EBITDA by business segment

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$ million	FY2020	FY2019	Change	% of FY20 EBITDA(1)
Energy Infrastructure Queensland 1,007.9 1,010.1 (0.2%) 58.3% New South Wales 160.8 149.4 7.6% 9.3% Victoria & South Australia 104.2 116.0 (10.2%) 6.0% Northern Territory 19.9 19.2 3.7% 1.2% Western Australia 337.1 277.8 21.3% 19.5%
Energy Infra total 1,629.8 1,572.4 3.6% 94.3% Asset Management 63.3 53.0 19.6% 3.7% Energy Investments 35.7 28.4 25.7% 2.1% Corporate costs (75.0) (80.1)(2) (6.4%) (4.3%)
Total EBITDA 1,653.9 1,573.8 5.1%

Notes: Numbers in the table may not add due to rounding.

• (1) As a % of EBITDA before Corporate costs.

(2) Includes $11.1 million of costs associated with the CKI proposal and the former Managing Director’s retirement.

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FY2020 EBITDA bridge

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Energy Infrastructure
A$m
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low risk business model

• APA has robust risk management processes in place

• Manage counterparty risks by:

• Diversification of customer & industry exposure

• Assessment of counterparty creditworthiness

• Appropriate credit support arrangements

• Long term contracts to support major capital spend

• Revenue weighted average contract tenor remaining of around 12 years

Notes:

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Energy Infrastructure revenue split

By revenue type

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Capacity charge revenue: 79.1%
Regulated revenue: 8.0%
~90% Contracted fixed revenue: 2.9%
Take or pay
Throughput charge & other variable revenue:
/regulated
9.1%
Flexible short term services: 0.6%
Other: 0.3%
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Other: 0.3%
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By customer industry segment

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A- rated or better: 43.7%
BBB to BBB+ rated: 37.3%
~93%
Investment grade: 12.0%
Investment
Grade Not rated: 6.8%
Sub-investment grade: 0.2%
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By customer credit rating

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Energy: 47.5%
Utility: 24.9%
Resources: 23.6%
Industrial & Others: 3.9%
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(1) An investment grade credit rating from either S&P (BBB- or better) or Moody’s (Baa3 or better), or a joint venture with an investment grade average rating across owners. Ratings shown as equivalent to S&P rating scale.

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capital expenditure

$ million	FY2020	FY2019
Growth capex Regulated	46.5	30.6
Non-regulated
East Coast	207.4	208.6
Western Australia & Northern Territory	19.1	192.7
Other	14.7	30.9
Total growth capex	287.7	462.8
Stay-in business IT capex	109.5 29.9	93.5 24.9
Total capex	427.1	581.3

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• FY20 Growth capex $287.7m

• Over $1.7b invested in growth capex projects FY17-FY20

• 5-10 year average capex has been $300 m-$400 m p.a.

• Stay-in-business capex increased to $109.5 m

• IT systems SIB capex $29.9 m

• Major projects FY17-FY20:

  • Moomba Sydney Pipeline (NSW)

  • 49 km, Reedy Creek Wallumbilla Pipeline (QLD)

  • 20 MW, Emu Downs Solar Farm (QLD)

  • 110 MW, Darling Downs Solar Farm (QLD)

• Notes: Numbers in the table may not add due to rounding.

• (1) Capital expenditure (“capex”) represents net cash used in investing activities as disclosed in the cash flow statement, and excludes accruals brought forward from the prior period and carried forward to next period.

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1,000A$m
800
743
600
5 year average $409m pa
400 463
10 year average $355m pa
200 281 272 288
FY16 FY17 FY18 FY19 FY20
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• 5 km, Mt Morgans Gas Pipeline (WA)

• 25 km, Agnew Lateral (WA)

• 198 km, Yamarna Gas Pipeline (WA)

• 45 MW, Gruyere Power Station (WA)

• 130 MW, Badgingarra Wind Farm (WA)

• 19.3 MW Badgingarra Solar Farm (WA)

• 68 TJ/d, Orbost Gas Processing Plant (VIC)*

Note: *Asset under commissioning

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capital management

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• Credit ratings: S&P BBB (outlook Stable, affirmed Feb 2020) Moody’s Baa2 (outlook Stable, affirmed Feb 2020)

• Strong credit metrics provide balance sheet flexibility

• All outstanding debt is fully hedged into fixed interest rates out to FY2035

• Issued €600 million (A$1,017.8 million) of 10.2 year fixed rate Notes from its Euro Medium Term Note Programme in April 2020

• Repaid $300.0 million of Australian Medium Term Notes at maturity (22 July 2020)

Metrics	Jun 2020	Jun 2019
Funds From Operations to Net Debt(1) 12.2% 10.7% Funds From Operations to Interest(1) 3.3 times 3.0 times Average interest rate applying to drawn debt 5.33% 5.53% Interest rate exposure fixed or hedged 100% 100% Average maturity of senior facilities 6.4 years 6.8 years

Notes:

• (1) APA calculation.

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fully covered distributions

• FY2020 distribution payout ratio[(1)] of 53.8%

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Franking Credits

• Components for FY2020 final distribution:

8.53 APT profit distribution 3.66 Franking credits 11.74 APT capital distribution 2.09 APTIT profit distribution 4.64 APTIT capital distribution 27.0 Total final distribution 3.66 Franking credits

• $85.3 million tax payable for FY2020

• (FY2019: $71.8 million)

• FY2020 effective cash tax rate of 16.9%, due to utilisation of available existing losses and R&D tax offsets

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(2)
OCF per security (normalised) Distributions Franking credits
100 cents
92.9
90.7
80 cents 87.1 85.8
60 cents
7.31
6.86
6.33
4.0 50.0
40 cents 43.5 45.0 47.0
20 cents
0 cents
FY17 FY18 FY19 FY20
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Notes:

(1) Distribution payout ratio: total distribution applicable to the financial year as a percentage of operating cash flow. (2) Operating cash flow per security has been adjusted for the rights issue completed on the 23 March 2018.

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outlook & strategy Rob Wheals CEO & Managing Director

Long-term success driven by fundamentals

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• Growth in global energy demand

• Resilience of our low risk business model through economic cycles

• Portfolio of high-quality long-life assets

• Strong skills and capability to navigate a constantly changing environment

• Operational and safety excellence

• Financial strength and flexibility

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Strategy remains relevant for energy transformation

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Demand for energy will continue.
Energy transformation is underway – requires a holistic
response.
Ambition
to reduce
HOLISTIC emissions
APPROACH
Decarbonise HOLISTIC Decarbonise
supply demand
RESPONSE
Balancing
Power
costs and
conversion
technologies
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• Deliver services our customers value consistent with APA’s Customer Promise

• Continue to strengthen asset and stakeholder management, development and operational capabilities

• Our growth focus is to enhance our portfolio of:

• gas transmission pipelines

• power generation: gas-fired and renewable energy

• midstream energy infrastructure assets, including gas storage and gas processing

• Exploring growth opportunities in our core business of gas transmission and distribution in North America

• Investigation of technology transformation of energy

• Maintain APA’s financial strength

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A spectrum full of business opportunity for APA

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low decarbonisation

Illustrative

deep decarbonisation

lowest investment

highest investment

Technology Transition Partial decarbonisation Net zero carbon Status quo decarbonisation (~50% by 2050) (~100% by 2050) (~75% by 2050)

• Economic transition • Transition away from from coal to gas & coal to gas and renewables renewables

• Some policy intervention

• Partial EV

• Energy efficiency

• New technology where economical

• New technology through customer adoption

• Carbon power offset

• 100% carbon power offset

• High EV take-up

• Very high EV take-up

• Large-scale energy efficiency

  • Liquid fuels transition to Hydrogen

• Net zero carbon fuel & new technologies

• new technologies • Net zero fuels and Biogas; ren. other new methane technologies where electrification not

• CCUS feasible

• Hydrogen Batteries

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Historic asset classes

New asset classes

22

growth opportunities & progress

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ENERGY NORTH EAST WEST FUTURE AMERICA “connect to “demand” “lower carbon” “core skillset” supply” - renewables - target regulated - connection to - new infrastructure - firming power LDC / contracted - new technologies gas transmission new gas supplies for new projects businesses – expansion and further expansion and further Demand from new Dandenong & other Due diligence – – – resource projects PS’s discussions continues depth of the Beyondie Potash, Lake continue US gas infra market and – Surveys Way Potash, Capricorn, strong growth-oriented MML looping New gas-fired fundamentals remain – – EES generation Thomson attraction GGP & EGP expansion PS initial works to – studies & discussions supplement DPS & LPS Preferred asset – – IPC continue, concept characteristics Renewable methane design regulated and/or demonstration plant – contracted businesses, – EES works commenced Gruyere Power Station ARENA funding secured transparent and – – Binding agreement full year contribution Hydrogen energy – quantifiable performance record, supportive credit Perth Basin – discussions various opportunities rating metrics, OCF with various proponents explored, including – accretion in the first full continue various continue seeking ARENA funding fiscal year for a project in WA

East Coast Grid – expansion and further expansion and further FEED studies

Galilee Moranbah Pipeline – Surveys and assessments completed under MoUs

Crib Point Pakenham Pipeline – EES lodged

Western Slopes Pipeline – IPC determination expected in Sep 2020

– WORM (VTS) EES works commenced

Gippsland Basin – Binding agreement with Emperor for pre-FEED

– LNG import terminals continue various discussions

New basins – Bowen Basin, Beetaloo / McArthur Basins, Otway Basin

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Executive leadership team - finalised

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APA’s New Operating Model

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Corporate Functions: Govern & Support Business Units: Execution
People, Governance Transformation Strategy & Infrastructure North
Safety & Finance & External & Technology Commercial Development Operations America
Culture Affairs
Elise Peter Nevenka Hannah Julian Kevin Darren Ross
Manns Fredricson Codevelle McCaughey Peck Lester Rogers Gersbach
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Purpose: Vision: We strengthen communities through To be world class in energy solutions responsible energy

APA’s Strategic Imperatives

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People & Operational Customer Financial Growth & Stakeholder
Culture Excellence Centric Strength Innovation Relationship
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Note: *On 12 August 2020, APA announced that Adam Watson would join APA as the new CFO, commencing mid November 2020.

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summary

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FY2020 – a solid result

• EBITDA up 5.1%

• Operating cash flow up 8.3%

• Growth capital expenditure continued - $287.7 million

• Distribution of 50 cps, up 6.4%, plus 7.31 cps franking credits

FY2021 Outlook

• FY21 EBITDA guidance – $1,625 million to $1,665 million

• FY21 Net interest cost - $490 million to $500 million

• FY21 distributions substantially in line with FY20

• Continuing opportunities for growth (visibility of $1 billion growth projects next 2-3 years): ➢ Domestic: gas & renewables

• ➢ New energy technologies

• North America

APA – resilience through the economic cycle

• Growth with Reasonable Yield Strong business fundamentals Capability to navigate a ● Long term contracts constantly changing world

• ● High quality asset footprint ● Creditworthy counterparties ● Highly experienced team

• ● Long term & low risk growth ● Regulated assets ● Operational & safety

• capex ● Interest rate / inflation excellence

• ● Steady & growing protection distributions ● Financial strength

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APA’s uniquely integrated energy infrastructure

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Assets and Investments Glossary
AGPGLOS Amadeus Gas Pipeline Darwin
AL Agnew Lateral WPP
BGP Bonaparte Gas Pipeline 734 PJ BGP
BWSF Badgingarra Wind and Solar Farms
BWP Berwyndale Wallumbilla Pipeline 16,830 PJ
CGP Carpentaria Gas Pipeline
CRP Central Ranges Pipeline &
distribution network
CWP Central West Pipeline AGP
DDSFDPS & LPS Darling Downs Solar FarmDiamantina & Leichhardt 45,669 PJ Northern Territory DPS & LPS
Power Stations TGP Mount X41 PS
EGP Eastern Goldfields Pipeline PPS NGP Isa
EDWSF Emu Downs Wind and Solar Farms
Queensland
EP Ethane Pipeline
GGP Goldfields Gas Pipeline CGP Gladstone
GPS Gruyere Power Station GGP AustraliaWestern 31,271 PJ
IOC Integrated Operations Centre 226 PJ WGP
KKPMP Kalgoorlie Kambalda PipelineMid west Pipeline SWQP Wallumbilla RCWP BWP Daandine PS & Kogan North GPP
MGPMGPSF Mortlake Gas PipelineMondarra Gas Processing & MP AL YGPGPS AustraliaSouth Moomba1,102 PJ DDSF Tipton West GPP RBP Brisbane IOC
MMGPMSP Storage FacilityMt Morgans Gas PipelineMoomba Sydney Pipeline 848 PJ MGPSFEDWSF MMGP EGP MSP SouthNew Directlink
NGP Nifty Gas Pipeline BWSF KKP EP Wales CRP
OGPP Orbost Gas Processing Plant Perth PGP
CWP
PGP Parmelia Gas Pipeline
PPS Pilbara Pipeline System North Brown Hill Wind Farm 6 PJ
RBP Roma Brisbane Pipeline Murraylink Sydney
RCWP Reedy Creek Wallumbilla Pipeline Adelaide
SESA South East South Australia Pipeline APA assets and investments Gas storage SGP Victoria
SGPSWQP SEA Gas PipelineSouth West Queensland Pipeline APA operate d asset s Wind Farm SESA VTS Dandenong LNG Facility OGPP
TGP Telfer Gas Pipeline Other natural gas pipelines Solar Farm MGP
VTS Victorian Transmission System Electricity interconnectors Melbourne
Integrated Operations Centre 2,481 PJ
WGP Wallumbilla Gladstone Pipeline Natural Gas & 644 PJ 175 PJ
WPP Wickham Point Pipeline ethane 2P reserves, Gas-fired power station
X41 X41 Power Station as at May 2020
YGP Yamarna Gas Pipeline Source: EnergyQuest June 2020 Gas processing plant Tasmania
LNG plants
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For further information contact: Jennifer Blake Head of Investor Relations Tel: +61 2 9693 0097 / +61 455 071 006 E-mail: jennifer.blake@apa.com.au Or visit the APA website at: www.apa.com.au

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