Rodney Sailor - 02 Dec 2021 Form 4 Insider Report for Enable Midstream Partners, LP

Footnote F1

Represents common units to be received with respect to performance awards granted under the Issuer's Long Term Incentive Plan on March 1, 2019. On December 2, 2021, pursuant to the Agreement and Plan of Merger, dated February 16, 2021 (the "Merger Agreement"), (i) a direct wholly owned subsidiary of Energy Transfer LP ("Energy Transfer") merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Energy Transfer (the "LP Merger"), and (ii) immediately following the LP Merger, another direct wholly owned subsidiary of Energy Transfer merged with and into Enable GP, LLC ("Enable GP"), with Enable GP surviving the merger as a direct wholly owned subsidiary of Energy Transfer (the "GP Merger" and together with the LP Merger, the "Merger").

Footnote F2

(Continued from Footnote 1) Pursuant to the Merger Agreement, the achievement of performance criteria under each outstanding performance award of the Issuer granted on March 1, 2019 was determined to be the target level of performance applicable to such performance award as of the date immediately prior to the effective time of the Merger.

Footnote F3

Represents common units to be received with respect to performance awards granted under the Issuer's Long Term Incentive Plan on March 2, 2020. Pursuant to the Merger Agreement, the achievement of performance criteria under each outstanding performance award of the Issuer granted on March 2, 2020 was determined to be 113% of target, the level of performance applicable to such performance award as of the date immediately prior to the effective time of the Merger.

Footnote F4

Represents common units to be received with respect to performance awards granted under the Issuer's Long Term Incentive Plan on March 3, 2021. Pursuant to the Merger Agreement, the achievement of performance criteria under each outstanding performance award of the Issuer granted on March 3, 2021 was determined to be the target level of performance applicable to such performance award as of the date immediately prior to the effective time of the Merger.

Footnote F5

On December 2, 2021, pursuant to the Merger Agreement, (i) each eligible common unit issued and outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.8595 common units representing limited partnership interests in Energy Transfer (the "Energy Transfer common units"). On December 2, 2021, the closing price of the Energy Transfer common units was $8.32.