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ENB

Enbridge Inc announces executive leadership changes

Enbridge Inc. has announced a series of executive leadership changes, effective January 1, 2026. Cynthia Hansen, the current Executive Vice President and President of Gas Transmission, will retire on January 1, 2027, and will transition into a Special Advisor to the CEO role starting in 2026. This change comes after Hansen's significant contributions to the company, having provided leadership across three Business Units and the S&R Corporate Function.

Matthew Akman, the current Executive Vice President of Corporate Strategy and President of Power, has been appointed as the new Executive Vice President and President of Gas Transmission. Akman has been instrumental in shaping Enbridge’s strategic direction and overseeing global renewable power operations and development.

As a result of Akman's new role, Allen Capps, currently the Senior Vice President of Commercial, GTM, will take over as the Senior Vice President of Strategy and President of Power. Capps' prior roles, including Senior Vice President Corporate Development and Energy Services and SVP & Chief Accounting Officer, have equipped him to further grow Enbridge's Power Business Unit and strengthen the Corporate Strategic Plan.

The company emphasizes the ongoing development of its people and the strengthening of its executive team for the future through these leadership changes.

Enbridge Inc. is known for safely connecting millions of people to the energy they rely on every day through its North American natural gas, oil, and renewable power networks, as well as its growing European offshore wind portfolio. The company is also investing in modern energy delivery infrastructure and advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage.

Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges.

These leadership changes reflect Enbridge's commitment to ensuring a smooth transition and its focus on operational excellence and strategic growth initiatives across its various business units. As a result of these announcements, the company's shares have moved 0.74% on the market, and are now trading at a price of $50.07. For the full picture, make sure to review ENBRIDGE INC's 8-K report.

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