Mr. Dan Cuthbertson reports

KEYERA ANNOUNCES VOTING RESULTS FROM ANNUAL MEETING

Keyera Corp. has released the voting results from its annual meeting of shareholders held on May 9, 2023, in a virtual-only format. Each of the matters is described in greater detail in the 2023 notice of annual meeting of shareholders and management information circular dated March 23, 2023.

All nominees listed in the information circular were elected as directors of Keyera to serve until the next annual meeting of shareholders, or until their successors are elected or appointed.

The results of the votes are provided in the attached table.

All other resolutions at the meeting were successfully approved by shareholders, including the appointment of the auditor and the reconfirmation and approval of Keyera's shareholder rights plan. The approach to executive compensation, as detailed in the information circular, was approved with 96.62 per cent of votes in favour of this resolution. All voting results will be posted under Keyera's profile on SEDAR.

About Keyera Corp.

Keyera operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. Its predominantly fee-for-service-based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage and marketing; iso-octane production and sales; and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Keyera strives to provide high-quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely, and in an environmentally and financially responsible manner.