Tc Energy Corporation · TSX:TRP
Tc Energy — Shareholder Meeting (May 2021)
35 slides from Tc Energy's shareholder meeting presentation, May 2021
Slide 1: Annual Meeting of Shareholders 2021
Annual Meeting of Shareholders 2021 Meeting will start at 10 a.m. MDT
Slide 2: Welcome
Welcome Siim Vanaselja, Chair of the Board of Directors
Slide 3: François Poirier and Christine Johnston
François Poirier Christine Johnston President and Chief Corporate Secretary Executive Officer
Slide 4: Forward looking information and non-GAAP measures
Forward looking information and non-GAAP measures This presentation includes certain forward looking information, including future oriented financial information or financial outlook, which is intended to help current and potential investors understand management’s assessment of our future plans and
Slide 5: Agenda
Agenda • Financial statements and auditors’ report • Election of directors • Appointment of auditors • Executive compensation • Bylaw amendments • Announcement of voting results • Business presentation: François Poirier, President and CEO
Slide 6: Questions and voting information
Questions and voting information questions balloting Technical Support: 1-403-920-2050
Slide 7: Conduct of Meeting
Conduct of Meeting • Appointment of scrutineers (Computershare Trust Company of Canada) • Notice of meeting and votes by ballot • Constitution of meeting
Slide 8: Financial statements and auditors' report
Financial statements and auditors’ report
Slide 9: Director nominees
Director nominees Stéphan Michael R. Susan C. Crétier Culbert Jones
Slide 10: Director nominees
Director nominees Randy John E. David Limbacher Lowe MacNaughton
Slide 11: Director nominees
Director nominees François L. Una Mary Pat Poirier Power Salomone
Slide 12: Director nominees
Director nominees Indira V. D. Michael G. Thierry Samarasekera (Mike) Stewart Vandal
Slide 13: Director nominees
Director nominees Siim A. Vanaselja
Slide 14: Director nominees
Director nominees Stéphan Crétier Michael R. Culbert Susan C. Jones Randy Limbacher John E. Lowe David MacNaughton François L. Poirier Una Power Mary Pat Salomone Indira V. Samarasekera D. Michael G. (Mike) Stewart Thierry Vandal Siim A. Vanaselja
Slide 15: Appointment of auditors
Appointment of auditors KPMG LLP, Chartered Professional Accountants
Slide 16: Say on Pay
Say on Pay Advisory vote on approach to executive compensation
Slide 17: Amendments to By-law Number 1
Amendments to By-law Number 1 As set forth in the management information circular, these amendments will: • Permit virtual meetings without court order • Make modernizing changes to execution of documents, power of attorneys and bank authorizations
Slide 18: Complete balloting now
Complete balloting now Item of Board business recommendation Election of directors For Appointment of For the auditors Advisory vote on For executive compensation Amendments to For By-law Number 1
Slide 19: Chair's closing remarks
Chair’s closing remarks
Slide 20: Welcome
Annual Meeting of Shareholders 2021 Welcome
Slide 21: North America's premier energy infrastructure company
North America’s premier energy infrastructure company, now and in the future.
Slide 22: COVID-19
COVID-19 Rising to the occasion.
Slide 23: Delivering the energy people need, every day
Delivering the energy people need, every day. Safely. Responsibly. Collaboratively. With integrity.
Slide 24: Customer testimonial
“The business provided from your initiative to keep money local does not go unnoticed by us, or by the other business owners in our area.” - The Traders Cafe, Ohio
Slide 25: Sustainability
Sustainability We are committed to: Further integrating sustainability Achieving zero into our strategy and safety incidents management decision making Enhancing sustainability Demonstrating the importance through R&D and innovation of physical and psychological safety Strengthening local Embedding
Slide 26: 2020 financial highlights
2020 financial highlights Generated record comparable earnings of $3.9 billion or $4.20 per common share Reported record comparable funds generated from operations of $7.4 billion Reached numerous significant agreements in collaboration with our customers Advanced our $20 billion secured capital pro
Slide 27: North America's premier energy infrastructure company
North America’s premier energy infrastructure company One of North America’s largest natural gas pipeline networks 93,400 km (58,000 mi) of pipeline transporting ~25% of demand 653 Bcf of storage capacity Premier liquids pipeline system 4,900 km (3,000 mi) of pipeline, 590,000 Bbl/d Transports 20% o
Slide 28: $20 billion secured capital program
$20 billion secured capital program 83% Natural Gas Pipelines projects • Connecting abundant, low-cost WCSB and Appalachia supply to premium markets, including LNG • Displacing coal-fired power in North America • Backstopping intermittency of renewable power sources • Long-term contracts and/or regu
Slide 29: Ingenuity and dedication
Ingenuity and dedication
Slide 30: Innovating for tomorrow
Innovating for tomorrow
Slide 31: Dividend growth outlook
Dividend 5-7% expected future growth growth outlook $20 billion secured capital program Robust development portfolio Irreplaceable asset footprint driving in-corridor expansions Deep capabilities and proven origination abilities Supported by expected growth in earnings and cash flow and strong cover
Slide 32: Opportunity-rich future ahead
Opportunity-rich future ahead Today’s needs Targeting $5-6 billion annual investment investment Low-carbon future Highly executable Bruce Power life Electrification in-corridor expansions extension program of fleet $20 billion Recoverable LNG Renewables building on secured capital feedstock proven w
Slide 33: Doing the right things
Doing the right things
Slide 34: Questions
Questions
Slide 35: Thank you
Thank you