Investor Presentaiton

FINANCIAL STRENGTH: NATURAL GAS DISTRIBUTION RETURN ON EQUITY 17% ROE +3.11% on average above AUC approved ROE from 2007-2017 and +4.23% on average in the last 5 years 16% 15% 14% 13% 12% 11% 10% 9% 8% 7% 6% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 -Natural Gas Distribution -AUC Approved INVESTOR PRESENTATION FEBRUARY 2019 62 52 ATCO

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