Investor Presentaiton

Our Evolving Position in the Alberta Market LEGEND: 10 MW 2020 REPORTED 1,250 MW 265 MW 2025 WITH GROWTH1 AND RETIREMENTS2 1,724 MW 1,967 MW 2,666 MW Renewables Battery Natural Gas Coal 110 MW Well-positioned to perform in energy-only market 1 Growth includes Windrise, Garden Plain, Riplinger, SunHills Solar and Watercharger 33 2Includes the suspension of Sundance Unit 5 and the retirements of Sundance Unit 4 and Keephills Unit 1 TransAlta

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