Legal

Legal Disclaimer

ACCESSING THIS WEBSITE SIGNIFIES YOUR AGREEMENT TO THE FOLLOWING TERMS AND CONDITIONS OF USE. PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. IF YOU DO NOT AGREE TO ALL OF THESE TERMS AND CONDITIONS OF USE, PLEASE STOP USING THIS WEBSITE IMMEDIATELY. RIDLEY ISLAND ENERGY EXPORT FACILITY GP INC. (THE “GENERAL PARTNER”), AS GENERAL PARTNER OF RIDLEY ISLAND ENERGY EXPORT FACILITY LIMITED PARTNERSHIP (“REEF LP”), RESERVES THE RIGHT TO REVISE AND UPDATE THE TERMS AND CONDITIONS CONTAINED IN THIS LEGAL DISCLAIMER AT ANY TIME AND WITHOUT NOTICE. A VISITOR’S CONTINUED USE OF AND ACCESS TO THIS WEBSITE CONSTITUTES ACCEPTANCE OF THE TERMS AND CONDITIONS OF THIS LEGAL DISCLAIMER, AS REVISED.

Copyright and Trademarks

All material found in the pages of this website is protected under the copyright laws of Canada and of other countries. Certain names, words, titles, phrases, logos, icons, graphics or designs in the pages of this website may constitute trade names, trademarks or services marks of REEF LP, the General Partner, AltaGas Ltd. (“AltaGas”), or Royal Vopak (“Vopak”), or the use of which may have been licensed to REEF LP, the General Partner, AltaGas or Vopak. The display of trademarks, trade names or service marks on pages at this website does not imply that a license of any kind has been granted to anyone else. The General Partner hereby grants a personal, non-exclusive and non-transferable license to visitors of this website to access, read, download and print the content of this website to view the content. Such license is revocable at the General Partner’s sole option, as applicable, and no other use of the content is authorized without the prior consent of the General Partner. Visitors of this website shall not remove copyright, trademark or other proprietary material from any copy of the content. Nor should any visitor hyperlink or frame this website without the prior written consent of the General Partner. The General Partner reserves the right to require visitors to delete, destroy or otherwise remove any content that is used in a manner that in the General Partner’s sole opinion is contrary or otherwise inappropriate, derogatory or offensive.

Any unauthorized downloading, re-transmission, republication or other copying or modification of material posted on this website, including trademarks, trade names and service marks, may violate federal, common or civil law trademark law and copyright law, and may result in legal action.

Investment Decisions

MATERIAL CONTAINED IN THIS WEBSITE IS FOR INFORMATION PURPOSES ONLY AND IS NOT INTENDED TO CONSTITUTE AN OFFERING OF SECURITIES IN ANY JURISDICTION OR A SOLICITATION OF AN OFFER FOR THE PURCHASE OF SECURITIES IN ANY JURISDICTION. Any decisions or actions based on information contained in this site or any other sites linked to this one are the sole responsibility of the visitor. Information disclosed under the corporate and securities laws of those Canadian jurisdictions applicable to REEF LP, the General Partner, AltaGas or Vopak, as applicable, is not intended to be in any way qualified, amended, modified or supplemented by the information otherwise available in, through or on this website. Due to the technical and security risks inherent in the Internet, and because the document you access may differ from the original depending on your browser software, the information set out in this website should not be used for the purpose of making investment decisions with respect to AltaGas’ or Royal Vopak’s securities.

Disclaimer of Warranties

The information and material contained in this website are believed to be accurate and complete at the time of their posting. Although the General Partner attempts to ensure that all information and material remain current and accurate, the General Partner does not warrant their accuracy, completeness and currency.

No warranty of any kind, implied, express or statutory, including but not limited to warranties as to non-infringement of intellectual property rights or third party rights, title, latent defects, uninterrupted service, merchantability, fitness for a particular purpose and freedom from computer viruses, is given in conjunction with the information, materials and software algorithms.

Exclusion of Liability

In no event will REEF LP or the General Partner be liable for any damages, including without limitation, direct or indirect, special, incidental, moral or consequential damages, loss of profits, opportunities or information or for expenses arising in connection with this website, with any software algorithms available thereon nor with any hyperlinked website or for the use thereof or inability to use by interruptions, defect, delay in operation or transmission, computer virus or line or system failure, even if REEF LP or the General Partner are advised of the possibility of such damages, losses or expenses. Software algorithms made available and hyperlinks to other internet resources are at your own risk. The content, accuracy, opinions expressed and other links provided by these software algorithms and resources are not investigated, verified, monitored or endorsed by REEF LP or the General Partner.

Links to Third Party Websites

Neither REEF LP nor the General Partner control any third-party website and are therefore not responsible for the content of any linked website or any link contained in a linked website. These links have been provided solely as a convenience for visitors of this website and do not constitute an endorsement by REEF LP or the General Partner of the content of such third-party websites. The inclusion of any link does not imply that the linked website or information contained therein has been investigated or verified by REEF LP or the General Partner and any use of websites linked to or from this website and their content is at your sole risk.

Internet and Email

The Internet is not a fully secure medium and, therefore, confidentiality and privacy cannot be ensured. Neither REEF LP nor the General Partner will be liable for any damages resulting from the transmission of confidential or personal information or the interception or corruption of communications to or from this website.

Indemnification

You agree to indemnify and hold each of REEF LP and the General Partner harmless from all claims, liabilities, damages, losses (including reasonable legal fees and expenses), sustained, incurred or paid by REEL LP or the General Partner, as applicable, directly or indirectly, in respect of: (i) any information or other content a visitor provides on or through this website or which is sent to REEF LP by email or other correspondence; or (ii) a visitor’s use or misuse of the content of this website including, without limitation, infringement claims.

Forward-Looking Statements

This website contains forward-looking information (“forward-looking statements”). Words such as “anticipate”, “expect”, “estimate”, “outlook”, “plans”, “intends”, “believes”, “projects”, “could”, “should”, “will”, “aim”, “seek”, “propose”, “contemplate”, “strive”, “forecast”, “outlook”, “vision”, “goal”, “objective”, “opportunity” and similar expressions suggesting future events or future performance, as they relate to REEF LP, are intended to identify forward-looking statements. Forward-looking statements in this website may include, among other things, statements regarding the potential development of REEF, its capabilities and the expected timing of project activities, phases and deliverables; reaching a positive Final Investment Decision (“FID”) on REEF; the expectation that REEF will be managed by AltaGas and Vopak; the belief that REEF will contribute to British Columbia’s export advantage to markets in Asia; construction of facilities, jetty, rail and other infrastructure in connection with REEF; the belief that the development approach for REEF is the most capital efficient build out of the project, that it will match energy export supply with throughput capacity, that it will mitigate challenges on local communities and that it will provide local construction and employment opportunities as well as the expected time horizons of such opportunities; AltaGas being responsible for the construction and operational stewardship of the facility; the expectation that future phases of the project will be developed; AltaGas and Vopak continuing to work with local communities throughout the project lifecycle and the benefits related thereto; expectations regarding timing and efficiency in shipping products from REEF to Asia; the advantages derived from where REEF will be geographically located; 2023 critical work streams including a refined capital cost estimate, a project execution plan, a construction schedule and a projected in-service date; the expectation that other development activities will be followed by FID; the primary goals of REEF including long-term economic stability and local employment opportunities, diversification of product and economic activity and the contribution of taxes to all levels of government; the expectation that REEF will support local community activities; REEF being built on AltaGas and Vopak’s fundamentals and safety standards, Canadian regulations and international quality and safety standards and the results thereof; the ability to implement environmental protection measures prior to any work on REEF and the lifecycle commitment to minimizing and mitigating effects of the project on the environment; and the commitment to a supplier diversity program and the benefits thereof. Such forward-looking statements are subject to certain risks, uncertainties, assumptions and changes to REEF LP or the General Partner’s plans, as applicable, that could cause actual results to differ materially from those contemplated in the forward-looking statements, and such statements are therefore not guarantees of performance. Such statements reflect the General Partner’s current expectations, estimates and projections based on certain material factors and assumptions at the time the statement was made and are subject to certain risks and uncertainties including, without limitation, changes in market, competition, governmental or regulatory developments, general economic and business conditions, construction and completion of projects, labour, equipment and material costs, operating performance, environmental conditions, weather, financing ability and technological developments.

These forward-looking statements are subject to certain risks and uncertainties which could cause results or events to differ from current expectations, including, without limitation: risks related to conflict in Eastern Europe; health and safety risks; operating risks; infrastructure; natural gas supply risks; volume throughput; service interruptions; transportation of liquified petroleum gas, methanol and other bulk liquids; market risk; inflation; general economic conditions; cyber security, information and control systems; climate-related risks; environmental regulation risks; regulatory risks; stock market volatility; litigation; changes in law; Indigenous and treaty rights; dependence on certain partners; political uncertainty and civil unrest; reputation risk; weather data; capital market and liquidity risks; interest rates; internal credit risk; foreign exchange risk; debt financing, refinancing and debt service risk; counterparty and supplier risk; technical systems and processes incidents; growth strategy risk; composition risk; collateral; labour relations; key personnel; risk management costs and limitations; failure of service providers; and risks related to pandemics, epidemics and disease outbreaks. These factors should not be construed as exhaustive.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this website or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. The General Partner disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise.

Accuracy, Completeness and Timeliness of Information on this Website

Neither REEF LP nor the General Partner are responsible if information made available through this website is not accurate, complete or current. The material on this website is provided for general information only and should not be relied upon or used as the sole basis for making decisions without consulting primary, more accurate, more complete or more timely sources of information. Any reliance on the material on this website is at your own risk. This website may contain certain historical information. Historical information necessarily is not current and is provided for your reference only. We reserve the right to modify the contents of this website at any time, but we have no obligation to update any information on this website. You agree that it is your responsibility to monitor changes to the website.

Jurisdiction

The terms of use in this Legal Disclaimer are governed by the laws of the Province of British Columbia and the federal laws of Canada applicable therein. Visitors agree to comply with all applicable laws and regulations in their use of this website, including all applicable federal, provincial and local laws or, if applicable, the laws of the country a visitor resides in. If visitors access this website from outside of Canada, they do so at their own risk and are responsible for compliance with the laws of their jurisdiction. In the event of a dispute, visitors to the website agree to submit to the exclusive jurisdiction of the courts of the Province of British Columbia, Canada. If any part of the terms and conditions in this Legal Disclaimer is held to be invalid or unenforceable, the balance of these terms shall continue to have full force and effect.