X0202 SCHEDULE 13G/A 0001539041-25-000012 0001539041 XXXXXXXX LIVE 2 Preferred Shares 03/31/2026 0000895728 Enbridge Inc. 29250N790 425-1st Street SW Calgary Z4 T2P 3L8 Rule 13d-1(b) Picton Mahoney Asset Management Z4 2800013 0 2800013 0 2800013 2.41 PN The percentages used herein are calculated based upon 16,000,000 Preferred shares outstanding as of March 31, 2026, as sourced from Bloomberg Enbridge Inc. 425-1st Street SW, Calgary, CANADA (FEDERAL LEVEL), T2P 3L8 Picton Mahoney Asset Management 33 Yonge Street #320 CANADA N FI Investment Fund Manager 2800013 2.41 2800013 0 2800013 0 N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to [insert particular category of institutional investor] is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D. Picton Mahoney Asset Management Catrina Duong 04/27/2026 After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.