Pembina Pipeline Declares Quarterly Preferred Share Dividends and Announces Business Update and First Quarter 2026 Results Conference Calls

Press Release

CALGARY, Alberta—-Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today that its Board of Directors has declared quarterly dividends for the Company’s preferred shares, Series 1, 3, 5, 7, 15, 17, 21 and 25. Series 1, 3, 5, 7, and 21 preferred share dividends are payable on June 1, 2026, to shareholders of record on May 1, 2026. Series 15 and 17 preferred share dividends are payable on June 30, 2026, to shareholders of record on June 15, 2026. Series 25 preferred share dividends are payable on May 15, 2026, to shareholders of record on April 30, 2026.

Series	Dividend Amount
Preferred Shares, Series 1 (PPL.PR.A)	$0.407813
Preferred Shares, Series 3 (PPL.PR.C)	$0.376188
Preferred Shares, Series 5 (PPL.PR.E)	$0.425875
Preferred Shares, Series 7 (PPL.PR.G)	$0.372063
Preferred Shares, Series 15 (PPL.PR.O)	$0.385250
Preferred Shares, Series 17 (PPL.PR.Q)	$0.412813
Preferred Shares, Series 21 (PPL.PF.A)	$0.393875
Preferred Shares, Series 25 (PPL.PF.E)	$0.405063

Confirmation of Record and Payment Date Policy

Pembina pays cash dividends in Canadian dollars on its preferred shares Series 1, 3, 5, 7, and 21 on the first day of March, June, September and December in each year, if, as and when declared by the Board of Directors to shareholders of record on the first day of the preceding month, or, if such payment or record date is not a business day, the next succeeding business day after the weekend or statutory holiday. Dividends on the preferred shares Series 15 and 17 are payable on the last day of March, June, September and December in each year, if, as and when declared by the Board of Directors to shareholders of record on the 15^th day of the same month, or, if such payment or record date is not a business day, the next succeeding business day after the weekend or statutory holiday. Dividends on the preferred shares Series 25 are payable on the 15^th day of February, May, August and November in each year, if, as and when declared by the Board of Directors to shareholders of record on the last day of the preceding month, or, if such payment or record date is not a business day, the next succeeding business day after the weekend or statutory holiday.

Business Update Webcast Details

Pembina will hold a webcast and conference call on Tuesday, April 7, 2026, at 8:00 a.m. MT (10:00 a.m. ET) where Pembina’s officer team will provide a general business update.

The live webcast can be accessed on Pembina’s website at Pembina – Presentations & Events or via the following URL: https://events.q4inc.com/attendee/792471380. After the event concludes and is archived, the same URL will be converted into the replay link for the webcast.

Conference Call and Webcast Details for First Quarter 2026 Results

Pembina will release its first quarter 2026 results on Thursday, May 7, 2026, after markets close. A live webcast of the conference call has been scheduled for Friday, May 8, 2026, at 8:00 a.m. MT (10:00 a.m. ET) for interested investors, analysts, brokers and media representatives.

The live webcast can be accessed on Pembina’s website at Pembina – Presentations & Events or via the following URL: https://events.q4inc.com/attendee/854982138. After the event concludes and is archived, the same URL will be converted into the replay link for the webcast.

About Pembina

Pembina Pipeline Corporation is a leading energy transportation and midstream 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 our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities. For more information, please visit www.pembina.com.

Purpose of Pembina: We deliver extraordinary energy solutions so the world can thrive.

Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division.

Pembina’s common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com.

For further information:
Investor Relations
(403) 231-3156
1-855-880-7404
investor-relations@pembina.com
www.pembina.com

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