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Pembina Joins Inter Pipeline in Filing Cross-Applications with Alberta Securities Commission to Remedy Brookfield’s Lack of Disclosure and Protect Shareholder Rights

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Brookfield’s “Total Return Swap” With Unnamed Parties Requires Full Disclosure and Should Not be Allowed to Interfere with Shareholders’ Ability to Choose the Pembina – Inter Pipeline Transaction CALGARY, AB, June 21, 2021 /PRNewswire/ – Pembina Pipeline Corporation (“Pembina”) (TSX: PPL) (NYSE: PBA) today announced that Pembina and Inter Pipeline Ltd. (“Inter Pipeline”) (TSX: IPL) have filed cross-applications with the Alberta Securities Commission (the “ASC”) to remedy disclosure issues and coercive tactics by Brookfield Infrastructure Partners L.P.

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