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Investor Presentaiton

CU CANADIAN UTILITIES LIMITED An ATCO Company ORGANIZATIONAL STRUCTURE ATCO 52.3% CU CU ATCO any 100% CANADIAN UTILITIES LIMITED An ATCO Company 100% 100% ELECTRICITY GLOBAL BUSINESS UNIT PIPELINES & LIQUIDS GLOBAL BUSINESS UNIT Electricity Distribution 100% CORPORATE 貝醬 Natural Gas Distribution Retail Energy 이마 Electricity Transmission Natural Gas Transmission Alberta Powerline Electricity Generation International Electricity Generation Storage & Industrial Water Intemational Natural Gas Distribution 1. 2. 3. Regulated businesses include Natural Gas Distribution, Natural Gas Transmission, International Natural Gas Distribution, Electric Distribution, and Electric Transmission. CU Inc. includes Natural Gas Distribution, Natural Gas Transmission, Electric Distribution, and Electric Transmission. Alberta PowerLine General Partner Ltd. is the general partner of Alberta PowerLine Limited Partnership (Alberta PowerLine or APL), a partnership between Canadian Utilities Limited (80 per cent) and Quanta Services, Inc. (20 per cent). 4. Retail Energy, through ATCOenergy, was launched in early 2016 to provide retail, commercial and industrial electricity and natural gas service in Alberta. INVESTOR PRESENTATION FEBRUARY 2019 12 ATCO
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