Pembina Pipeline Corporation Provides Notice of Series 21 Preferred Share Conversion Right and Announces Reset Dividend Rates

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Jan 30, 2023

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Minimum Rate Reset Class A Preferred Shares, Series 21 ("Series 21 Shares") (TSX: PPL.PF.A) on March 1, 2023.