Mr. Scott Burrows reports

PEMBINA PIPELINE REPORTS VOTING RESULTS FROM 2026 ANNUAL MEETING OF SHAREHOLDERS

Pembina Pipeline Corp. has released the voting results from its annual meeting of shareholders held virtually on May 8, 2026. Each of the matters voted upon at the meeting is discussed in detail in the company's management information circular dated March 19, 2026, which is available on SEDAR+, on EDGAR and on the company's website under investors -- notice and access.

A total of 350,946,183 common shares representing 60.37 per cent of the company's issued and outstanding common shares were voted in person and by proxy in connection with the meeting. The voting results for each matter presented at the meeting are provided in this news release.

Election of directors

The 10 nominees listed in the attached table were appointed as directors of Pembina to serve until the next annual meeting or until their successors are elected or appointed.

Appointment of auditor

KPMG LLP, chartered professional accountants, was appointed to serve as the auditor of the company until the next annual meeting, at remuneration to be fixed by the company's board of directors. The resolution was approved with approximately 91.16 per cent of votes cast in favour.

Acceptance of company's approach to executive compensation

On an advisory basis and not to diminish the role and responsibility of the board of directors, the company's approach to executive compensation as disclosed in the information circular was approved with approximately 96.56 per cent of votes cast in favour.

Additional details in respect of the meeting's voting results can be found on Pembina's on SEDAR+, on EDGAR and on the company's website.

About Pembina Pipeline Corp.

Pembina Pipeline is a leading energy transportation and mid-stream service provider that has served North America's energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through its integrated value chain, the company seeks to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future, and benefit its customers, investors, employees and communities.

Pembina is structured into three divisions: pipelines division; facilities division; and marketing and new ventures division.

Pembina's common shares trade on the Toronto Stock Exchange and New York Stock Exchange under PPL and PBA, respectively.