An anonymous director reports

ENBRIDGE ANNOUNCES CONVERSION RESULTS FOR SERIES 1 PREFERRED SHARES

None of Enbridge Inc.'s outstanding cumulative redeemable preference shares, Series 1, will be converted into cumulative redeemable preference shares, Series 2, on June 1, 2023.

After taking into account all conversion notices received from holders of its outstanding Series 1 shares by the May 17, 2023, deadline for the conversion of the Series 1 shares into Series 2 shares, fewer than the one million Series 1 shares required to give effect to conversions into Series 2 shares were tendered for conversion.

About Enbridge Inc.

At Enbridge, it safely connects millions of people to the energy they rely on every day, fuelling quality of life through its North American natural gas, oil or renewable power networks and its growing European offshore wind portfolio. It is investing in modern energy delivery infrastructure to sustain access to secure, affordable energy, and building on two decades of experience in renewable energy to advance new technologies, including wind and solar power, hydrogen, renewable natural gas, and carbon capture and storage. It is committed to reducing the carbon footprint of the energy it delivers and to achieving net-zero greenhouse gas emissions by 2050. Headquartered in Calgary, Alta., Enbridge has common shares that trade under the symbol ENB on the Toronto and the New York stock exchanges.