Keyera Corp. (TSX: KEY) ("Keyera" or the "Company") today provided an update on the regulatory process related to its previously announced acquisition of substantially all of Plains' Canadian natural gas liquids ("NGL") business (the "Transaction").

Keyera has received a filing from the Competition Bureau in connection with the Transaction and is currently reviewing the materials.

About Keyera Corp.

Keyera Corp. (TSX: KEY) operates an integrated Canadian-based energy infrastructure business with extensive interconnected assets and depth of expertise in delivering energy solutions. Its predominantly fee-for-service based business consists of natural gas gathering and processing; natural gas liquids processing, transportation, storage, and marketing; isooctane production and sales; and an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Keyera strives to provide high quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely and in an environmentally and financially responsible manner.

Additional Information

For more information about Keyera Corp., please visit our website at www.keyera.com or contact:

Dan Cuthbertson, General Manager, Investor RelationsTyler Monzingo, Senior Specialist Investor Relations

Email: ir@keyera.comTelephone: 1-403-205-7670Toll free: 1-888-699-4853

SOURCE Keyera Corp.

SOURCE: Keyera Corp.

COMTEX_478572537/2197/2026-05-05T10:30:00