Group 1 - Gibson Energy Inc. will release its 2025 second quarter financial and operating results on July 28, 2025, after North American markets close [1] - The management's discussion and analysis along with unaudited consolidated financial statements will be available on the company's website and SEDAR+ [1] - A conference call and webcast to discuss the results will take place on July 29, 2025, at 7:00am Mountain Time [2] Group 2 - The conference call will be accessible via a registration link, and registration is recommended at least five minutes prior to the call [2] - The webcast will be available for 12 months after the live broadcast [3] - Gibson Energy is a leading liquids infrastructure company, focusing on storage, optimization, processing, and gathering of liquids and refined products [4] Group 3 - The company is headquartered in Calgary, Alberta, with operations across North America, including key terminal assets in Hardisty and Edmonton, Alberta, and Ingleside and Wink, Texas [4] - Gibson shares are traded under the symbol GEI on the Toronto Stock Exchange [5]

Core Viewpoint - Gibson Energy Inc. held its hybrid annual and special meeting of shareholders on May 6, 2025, where the voting results for the election of directors were announced [1]. Voting Results - James M. Estey received 106,873,651 votes (94.68% for) and 6,008,544 votes withheld (5.32% withheld) [2] - Douglas P. Bloom received 111,845,680 votes (99.08% for) and 1,036,515 votes withheld (0.92% withheld) [2] - Judy E. Cotte received 112,595,373 votes (99.75% for) and 286,822 votes withheld (0.25% withheld) [2] - Heidi L. Dutton received 112,486,803 votes (99.65% for) and 395,392 votes withheld (0.35% withheld) [2] - Maria A. Hooper received 112,290,167 votes (99.48% for) and 592,028 votes withheld (0.52% withheld) [2] - Diane A. Kazarian received 112,185,767 votes (99.38% for) and 696,428 votes withheld (0.62% withheld) [2] - Margaret C. Montana received 111,997,736 votes (99.22% for) and 884,459 votes withheld (0.78% withheld) [2] - Khalid A. Muslih received 112,077,166 votes (99.29% for) and 805,029 votes withheld (0.71% withheld) [2] - Craig V. Richardson received 112,325,407 votes (99.51% for) and 556,788 votes withheld (0.49% withheld) [2] - Curtis D. Philippon received 112,520,215 votes (99.68% for) and 361,980 votes withheld (0.32% withheld) [2] Company Overview - Gibson Energy is a leading liquids infrastructure company focused on storage, optimization, processing, and gathering of liquids and refined products, along with waterborne vessel loading [3] - The company is headquartered in Calgary, Alberta, with operations across North America, including core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan [3][4]

Core Points - Gibson Energy Inc. has announced a quarterly dividend of $0.43 per common share, payable on July 17, 2025, to shareholders of record on June 30, 2025 [1] - The dividend is designated as an eligible dividend for Canadian income tax purposes, and non-resident shareholders will be subject to Canadian withholding tax [1] Company Overview - Gibson is a leading liquids infrastructure company involved in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading [2] - The company is headquartered in Calgary, Alberta, with operations across North America, including core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan [2] Stock Information - Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange [3]

Core Insights - Gibson Energy Inc. reported strong financial and operational results for Q1 2025, achieving record quarterly Infrastructure EBITDA of $155 million, driven by high volumes at Gateway and Edmonton terminals [3][5][6] - The company is focused on cost savings and has realized approximately $6 million in recurring and non-recurring savings, with a target of over $25 million [5][6] - A strategic long-term partnership with Baytex Energy Corp. was secured, which will enhance cash flow quality through investment in new liquids infrastructure [5][6][7] Financial Highlights - Revenue for Q1 2025 was $2,748 million, a decrease of $541 million from $3,289 million in Q1 2024, primarily due to reduced sales volumes and lower commodity prices [6] - Infrastructure Adjusted EBITDA increased by $4 million or 2% year-over-year, reaching $155 million, attributed to increased throughput and lower operating costs [6] - Marketing Adjusted EBITDA fell to $0, a decrease of $33 million from Q1 2024, due to lower contributions from the Crude Marketing business [6] - Consolidated Adjusted EBITDA was $142 million, a decrease of $28 million or 16% from the previous year [6] - Net income rose to $50 million, a $9 million or 23% increase from Q1 2024, mainly due to lower general and administrative costs [6] - Distributable Cash Flow was $91 million, a decrease of $24 million or 21% from Q1 2024 [6] Operational Developments - The company appointed Riley Hicks as Senior Vice President and Chief Financial Officer and Dave Gosse as Senior Vice President and Chief Operating Officer [5][15] - Gibson surpassed a safety milestone with over 9 million hours worked without a lost time injury [15] - The Gateway dredging project was completed safely, on time, and on budget, enhancing the terminal's capacity [15] Strategic Developments - Gibson entered into a long-term agreement with Baytex, involving an investment of approximately $50 million in new liquids infrastructure [5][6][7] - The company is well-positioned for a strong finish to the year, supported by a revitalized leadership team and disciplined execution [3][5]