Canadian Utilities Limited Class A · TSX:CU
Canadian Utilities Limited Class A — Investor Presentation (August 2022)
13 slides from Canadian Utilities Limited Class A's investor presentation, August 2022
Slide 1: Disclaimer
DISCLAIMER Due to uncertainty surrounding the application of recent amendments to the Competition Act (Canada), the documents incorporated by reference herein are referenced for historical information purposes only and do not constitute active or current representations of Canadian Utilities Limited
Slide 2: Canadian Utilities Corporate Overview
CLI CANADIAN UTILITIES LIMITED ME 4) ATCO company Canadian Utilities Corporate Overview
Slide 3: Business Overview
BUSINESS OVERVIEW Canadian eS Utilities Limited 7 Og Canadian Utilities Limited 4, 8 0 0 is a diversified global Sy” Employees! energy infrastructure " \ company; offering comprehensive solutions and operational excellence in Utilities, : ‘ ' Energy Infrastructure and % } Retail Energy. | $21B In as
Slide 4: Business Overview: Current Operations and Investments
BUSINESS OVERVIEW Current Operations and Investments! Utilities, Energy Infrastructure and Retail Energy Utilities & Energy Infrastructure Energy Infrastructure Utilities $21.18 $3.58 +2M 400,000m? . 64,000KM = 105,000kKM in Assets in Revenues Global Natural Gas Liquids Natural Gas Electric Customer
Slide 5: Organizational Structure
CANADIAN UTILITIES OVERVIEW Organizational Structure C CANADIAN UTILITIES Ms LIMITED Canadian Utilities Corporate Overview 4
Slide 6: Strategy
CANADIAN UTILITIES OVERVIEW Strategy o Leverage our core utility assets and invest in activities aimed at advancing the energy transition and ensuring long-term resiliency. o Optimize our energy infrastructure assets and add new growth platforms. o Leverage our operating expertise globally to drive
Slide 7: Investment Rationale
INVESTMENT RATIONALE 1, For the year ended December 31,2021 aon a eae 2. Additional information regarding these total of segments measures is provided in the Other Financial and Non-GAAP Measures section of our MD&A, Gafadllan Valtieecorporate Overvicust ss
Slide 8: Financial Strength: Adjusted Earnings Growth
2016 FINANCIAL STRENGTH —_—_—_—_—_—_—___——— Alberta wildfires Canadian Utilities com me, 2020 LONG-TERM TRACK RECORD OF ADJUSTED EARNINGS GROWTH Oplay anda coma THROUGH VARIOUS GLOBAL MACRO-ECONOMIC CYCLES 2008- “ates $586 MILLION OF ADJUSTED EARNINGS IN 2021 rege | as 80 81 82 83 84 85 86 87 88 89
Slide 9: Financial Strength: 50 Years of Dividend Increases
FINANCIAL STRENGTH Canadian Utilities LONGEST TRACK RECORD OF ANNUAL DIVIDEND INCREASES OF ANY CANADIAN PUBLICLY TRADED COMPANY 50 YEARS OF ANNUAL DIVIDEND INCREASES* DIVIDENDS DECLARED OF $1.76 PER SHARE IN 2021 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 O '
Slide 10: Long-Term Performance & Value Creation
LONG-TERM PERFORMANCE & VALUE CREATION 20-year annualized total shareholder return (2001-2021) 9.4% 8.7% Canadian Utilities S&P 500 Utility Index S&P/TSX Composite
Slide 11: Our Commitment to ESG
OUR COMMITMENT TO ESG Leader in ESG & Sustainability 2021 HIGHLIGHTS 15% DECREASE Direct GHG Emissions in 2021 96% REMOVAL GHG Emissions from our Portfolio since 2005 2030 TARGETS LEADER HEALTH & SAFETY Practices and Performance 40% INCREASING Net Economic Benefits to Indigenous Partners by 2030 2Mt
Slide 12: Roadmap to Net-Zero
CANDADIAN UTILITIES GROUP OVERVIEW Roadmap to Net-Zero In addition to our 2030 ESG targets, we announced a commitment to achieve net-zero GHG emissions by 2050. This means that by 2050, our operations and our customers use of our products and services will emit no net GHGs. Where residual emissions
Slide 13: Why Invest?
WHY INVEST? mR Ine Regulated Utilities create a stable base of recurring cash flow and dividends, and are critical to successful energy transition globally. Non-regulated opportunities in clean fuels, renewable electricity generation and energy storage provide an opportunity for higher-than-utility
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