Canadian Utilities Limited Class A · TSX:CU
Canadian Utilities Limited Class A — Investor Presentation (March 2023)
15 slides from Canadian Utilities Limited Class A's investor presentation, March 2023
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: Corporate Overview
Corporate Overview Canadian Utilities Limited
Slide 3: Business Overview: Canadian Utilities Limited
BUSINESS OVERVIEW Canadian Utilities Limited Canadian Utilities Limited 5,000 is a diversified global Employees1 energy infrastructure company; offering comprehensive solutions and operational excellence in Utilities, Energy Infrastructure and Retail Energy. $22B In assets1 1. For the year ended Dec
Slide 4: Current Operations and Investments
BUSINESS OVERVIEW Current Operations and Investments1 Utilities, Energy Infrastructure and Retail Energy Utilities & Energy Infrastructure Energy Infrastructure Utilities $22 B in Assets $4 B in Revenues 550,000 m3 Natural Gas Liquids 64,000 Natural Gas KM 105,000 Electric KM Storage Capacity Pipeli
Slide 5: Organizational Structure
CANADIAN UTILITIES OVERVIEW Organizational Structure 100% 100% 100% ENERGY INFRASTRUCTURE UTILITIES BUSINESS UNIT CORPORATE BUSINESS UNIT ELECTRICITY DISTRIBUTION ELECTRICITY GENERATION RETAIL ENERGY ELECTRICITY TRANSMISSION STORAGE & INDUSTRIAL WATER NATURAL GAS DISTRIBUTION CLEAN FUELS NATURAL GAS
Slide 6: Strategy
CANADIAN UTILITIES OVERVIEW Strategy DRIVE CASH FLOW OPTIMIZE NON-REG • Build on our core utility business and invest in activities aimed at advancing the energy AND EARNINGS ASSETS AND GROW transition and ensuring long-term resiliency. • Optimize our energy infrastructure assets and add new growth
Slide 7: 2022 Financial Highlights: Investment Rationale and Key Metrics
2022 FINANCIAL HIGHLIGHTS INVESTMENT RATIONALE Long track record of delivering earnings and dividend growth for investors, with a forward-looking strategy anchored in energy transition and continued operating excellence. KEY METRICS1 $655M $460M $14.9B Adj. Earnings2 Dividends3 Rate Base4 1. For the
Slide 8: Continued Growth: Long-Term Adjusted Earnings Track Record
2015 FINANCIAL STRENGTH CGOC3 decision and global commodity Continued Growth price declines 2013 2016 2020 LONG-TERM TRACK RECORD OF ADJUSTED EARNINGS GROWTH Calgary Floods Alberta wildfires COVID-19 Pandemic THROUGH VARIOUS GLOBAL MACRO-ECONOMIC CYCLES 2008- 2009 $655 MILLION OF ADJUSTED EARNINGS I
Slide 9: Continued Growth: 51 Years of Dividend Increases
FINANCIAL STRENGTH Continued Growth LONGEST TRACK RECORD OF ANNUAL DIVIDEND INCREASES OF ANY CANADIAN PUBLICLY TRADED COMPANY 51 YEARS OF ANNUAL DIVIDEND INCREASES* DIVIDENDS DECLARED OF $1.78 PER SHARE IN 2022 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 00 01
Slide 10: 20-year annualized total shareowner return (2002-2022)
LONG-TERM PERFORMANCE & VALUE CREATION 20-year annualized total shareowner return (2002-2022) 9.3% 9.0% 8.5% Canadian Utilities S&P/TSX Capped Utilities Index S&P/TSX Composite *Data for the period December 31, 2002, to December 31, 2022, as per Bloomberg. Canadian Utilities total return is at the C
Slide 11: Strategic 2030 ESG Targets
OUR COMMITMENT TO ESG Strategic 2030 ESG Targets1 1. Above targets established at the ATCO Ltd. level with an expectation that all portfolio companies, including Canadian Utilities Limited, contribute to the achievement of these targets. Canadian Utilities Corporate Overview 10
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 and electrification, without sacrificing the safety, reliability, and affordability of energy GHG emissions by 2050. This means that by 2050, our operations and o
Slide 13: Why Invest?
WHY INVEST? 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 growth a
Slide 14: Legal Notice
Legal Notice Forward-Looking Information Advisory Statements made by company representatives and information provided in this presentation may be considered forward-looking information. Such information includes, but is not limited to, references to: strategic plans, goals and targets, including tho
Slide 15: Legal Notice
Legal Notice Other Financial Measure Disclosure Advisory This presentation includes references to consolidated adjusted earnings, which is considered to be a “total of segments measure” as that term is defined in National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure. The most d
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