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Plains All American's 2024 Schedule K-3 Now Available

1. PAA's 2024 Schedule K-3 for tax relevance is now available online. 2. Foreign unitholders may need Schedule K-3 for tax reporting needs. 3. PAA operates extensive midstream energy infrastructure in North America. 4. Average handling is about 8 million barrels of crude oil and NGL daily. 5. PAA aims to support investors with necessary tax information.

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Why Neutral?

While the Schedule K-3 release may not drive immediate stock changes, it's critical for compliance. Similar instances in the past showed limited direct stock movement despite operational announcements.

How important is it?

The article's content is primarily about tax compliance, not operational or market changes. It does, however, address unitholder needs which may guide investor sentiment.

Why Short Term?

Immediate tax filing periods may induce short-term investor decision impacts. Compliance with tax regulations is time-sensitive.

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HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) (the "Partnership") announced today that its 2024 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/plainsallamerican. A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor. To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at (866) 872-2829. About Plains:PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGL). PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, processing, fractionation and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. On average, PAA handles approximately 8 million barrels per day of crude oil and NGL. PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America. PAA and PAGP are headquartered in Houston, Texas. More information is available at www.plains.com. Investor Relations Contacts:Blake FernandezMichael GladsteinPlainsIR@plains.com(866) 809-1291

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