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Investor Presentaiton

Our Investment Focus: 2021 to 2025 RENEWABLES AND STORAGE GAS GENERATION PARALLEL NEW INVESTMENTS Expand core focus of onshore wind in North America with customer-centred greenfield development • Establish position in solar targeting the United States, Canada and Australia markets through acquisition Establish position in storage, targeting Alberta to meet future grid stability requirements • Establish position in hybrid solutions in Alberta and Australia with customer- centred focus Optimize legacy Alberta Hydro assets and maximize cash flow from fleet . • Optimize existing gas generation to maximize value and cash flows to support renewables and storage growth • Assess parallel ESG or new industry sectors such as water treatment, transmission/distribution and car charging. • Monitor new technologies such as storage, hydrogen and carbon capture technologies for deployment post-2025 15 ~3 GW of development and three advanced-stage wind projects TransAlta
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