Atco Ltd. Class I · TSX:ACO.X
Atco Ltd. Class I — Investor Presentation (October 2026)
21 slides from Atco Ltd. Class I's investor presentation, Oct 6, 2026
Slide 1: An Industrial Services Leader
An Industrial Services Leader ATCO October 6, 2026
Slide 2: Today's Call Participants
Today’s Call Participants Nancy C. Southern Katie Patrick Colin Jackson Chair and Chief Executive Vice President, Senior Vice President, Executive Officer Chief Financial & Investment Financial Operations Officer ATCO Investor Presentation 2
Slide 3: Legal Notice: Forward-looking information advisory
Legal Notice Forward-looking information advisory Certain statements made by company representatives and information provided in this presentation may be considered "forward-looking information" within the meaning of applicable securities laws ("forward-looking information"). Forward-looking informa
Slide 4: Legal Notice: Non-GAAP and other financial measures
Legal Notice Non-GAAP and other financial measures disclosure advisory This presentation contains certain "total of segments measures" and "non-GAAP financial measures" (as such terms are defined in National Instrument 52-112 –Non-GAAP and Other Financial Measures Disclosure ("NI 52-112")). Total of
Slide 5: Agenda
Agenda 01 02 03 Transaction Overview ATCO Future Growth Creating Two Distinct Proven Businesses and a Positioned to Capture Structural Platforms Differentiated Portfolio Tailwinds ATCO Investor Presentation 5
Slide 6: Transaction Overview: Creating Two Distinct Platforms
Transaction Overview: Creating Two Distinct Platforms ATCO Investor Presentation 6
Slide 7: Transaction Structure and Shareowner Outcome
Transaction Overview: Creating Two Distinct Platforms Transaction Structure and Shareowner Outcome Outcome for shareowners Benefits for shareowners Continued Ownership in ATCO At close, ATCO shareowner are expected to 1 Higher income and broader energy exposure ATCO will emerge as a more focused, ho
Slide 8: Creating a Canadian Champion by Merging Emera & Canadian Utilities
Transaction Overview: Creating Two Distinct Platforms Creating a Canadian Champion by Merging Emera & Canadian Utilities Combined Geographic Footprint $45B ~6M 12 combined rate customers regulated utilities base1 ~95% 70% / 30% ~80% adjusted earnings3 regulated electric / gas from Florida & earnings
Slide 9: Combination Delivers Significant Value for ATCO Shareowners
Transaction Overview: Creating Two Distinct Platforms Combination Delivers Significant Value for ATCO Shareowners Through Canadian Utilities combination with Emera, ATCO shareowners gain continued ownership in a larger Creates a Canadian champion combined company with increased dividend income, grea
Slide 10: Unlocking a Focused Housing, Defence, and Industrial Services Company
Transaction Overview: Creating Two Distinct Platforms Unlocking a Focused Housing, Defence, and Industrial Services Company ATCO becomes a more focused, growth-oriented standalone platform organized around businesses where it can lead, deploy capital and attract a more focused investor base. Defence
Slide 11: ATCO: Proven Businesses and a Differentiated Portfolio
ATCO: Proven Businesses and a Differentiated Portfolio ATCO Investor Presentation 11
Slide 12: Longstanding Legacy Precedes the Listing of ATCO
ATCO: Proven Businesses and a Differentiated Portfolio Longstanding Legacy Precedes the Listing of ATCO Total Shareowner Return1 Current CEO Tenure, % (Jan 1 2003 – Sep 30 2026) A longstanding legacy of delivering excellence and creating shareowner value. +1,260% 80-year track record spanning more t
Slide 13: Proven Track Record of ATCO
ATCO: Proven Businesses and a Differentiated Portfolio Proven Track Record of ATCO ATCO Ex-Canadian Utilities Adjusted Earnings1 ~25% CAGR $173 ~80 years 33 years of operating of consecutive $141 excellence dividend increases $117 $72 $75 $1.5B $173M 2025 2025 revenue adjusted earnings 2021 2022 202
Slide 14: Structures: A Market-Leading Business with Demonstrated Momentum
ATCO: Proven Businesses and a Differentiated Portfolio Structures: A Market-Leading Business with Demonstrated Momentum A scaled modular and workforce-housing platform with broad geographic reach, recent contract wins and a consistent earnings growth record. $274M 16 29K Global space rentals 2025 co
Slide 15: Defence: A Leader in North America's Arctic Operations
ATCO: Proven Businesses and a Differentiated Portfolio Defence: A Leader in North America’s Arctic Operations ATCO’s defence platform combines remote logistics, facility operations and mission-critical service delivery in harsh operating environments. 42 years 30 1.3M supporting government and opera
Slide 16: Investments: A Growth Portfolio of Critical Infrastructure & Industrial Services
ATCO: Proven Businesses and a Differentiated Portfolio Investments: A Growth Portfolio of Critical Infrastructure & Industrial Services ATCO retains a portfolio of long-duration real-asset and industrial services investments, anchored by Neltume Ports. ATCO LAND & ATCO ENERGY DEVELOPMENT Commercial
Slide 17: Future Growth: Positioned to Capture Structural Tailwinds
Future Growth: Positioned to Capture Structural Tailwinds ATCO Investor Presentation 17
Slide 18: ATCO Has Strong Tailwinds Driven by National Priorities
Future Growth: Positioned to Capture Structural Tailwinds ATCO Has Strong Tailwinds Driven by National Priorities Housing supply, defence readiness and northern infrastructure are becoming national priorities, aligning with ATCO’s strongest capabilities. HOUSING DEFENCE A supply challenge is driving
Slide 19: ATCO: Unlocking Value Already Inside the Portfolio
Future Growth: Positioned to Capture Structural Tailwinds ATCO: Unlocking Value Already Inside the Portfolio ATCO will now be assessed by investors and peers that match its growth profile, creating a clearer expected path to value recognition. ATCO TODAY BRIDGE TO UNLOCK FUTURE ATCO FULL VALUE Blend
Slide 20: ATCO: Track Record, Capabilities and Team to Capture Growth
Future Growth: Positioned to Capture Structural Tailwinds ATCO: Track Record, Capabilities and Team to Capture Growth A newly focused company with proven operating credentials, differentiated capabilities, embedded upside and long-term ownership alignment. NEW LISTING, BUILT FOR EMBEDDED LEGACY & LO
Slide 21: Question & Answer
Question & Answer InvestorRelations@atco.com ATCO Investor Presentation 21