CANADIAN UTILITIES TO RELEASE FIRST QUARTER 2026 RESULTS ON MAY 6, 2026

• The most recent release (April 10, 2026) announces the schedule for First Quarter 2026 financial results on May 6, 2026.
• A teleconference and webcast will feature CEO Bob Myles and CFO Katie Patrick at 9:00 am MT.
• Previous news (April 9, 2026) confirms dividend declarations for Series 1 and Series 4 preferred shares.
• April 6, 2026 news notes the resignation of Director Roger Urwin from three boards with duties reassigned to maintain continuity.
• Historical context includes February 26, 2026 FY 2025 earnings showing adjusted earnings growth ($658M) despite IFRS impairments ($471M).
• Financing activity in late 2025 included a $201.25M preferred share closing and $700M raised for the Yellowhead pipeline project.

• The April 10 earnings announcement schedule is Routine - Neutral; it confirms the reporting calendar but introduces no new fundamental data or strategic shifts.
• The stock has already priced in significant growth expectations following the February FY2025 results, which were rated Material - Positive due to adjusted earnings resilience and major project financing.
• The director resignation (April 6) is minor governance noise with immediate continuity reassurances; it does not materially impact operations or strategy.
• Dividend declarations are Routine - Positive for income-focused investors but do not alter the equity valuation thesis significantly.
• No material negative surprises were indicated in the most recent releases compared to the strong FY2025 performance.

• Company: Canadian Utilities Limited (TSX: CU), an ATCO subsidiary operating diversified energy infrastructure across electricity, natural gas, and international segments.
• Employees/Assets: Approximately 9,100 employees; $24 billion in assets.
• Flagship Project: Yellowhead Pipeline (~235 km).
  • Estimated Spend: $2.9B (Class III estimate ±20%).
  • Status: AUC Needs Assessment approved Q3 2025; Facilities application filed Nov 2025.
  • Construction Start: Slated for 2026 pending approvals.
• Secondary Project: CETO Transmission Line (135 km).
  • Expected Energization: June 2026.
  • Capacity: >1,500 MW renewable integration support.