ATCO (ACO-X) AGM 2026 summary

Opening remarks and agenda

• Welcomed shareholders to the 59th AGM, acknowledged Indigenous lands, and recognized longstanding shareholders and partners.

• Introduced executive team and outlined the meeting structure, including formal business and executive presentations.

Board and executive committee updates

• Election of directors was proposed and approved, with two new directors welcomed to the board.

• PricewaterhouseCoopers was reappointed as auditor for the ensuing year.

Financial performance review

• Achieved 8% year-over-year earnings growth in 2025, with all segments contributing.

• Adjusted earnings for Q1 2026 reached CAD 165 million, driven by utilities and structures.

• Share price increased 43% over the year, outperforming major benchmarks.

• Canadian Utilities delivered CAD 658 million in adjusted earnings in 2025, with continued momentum.

• ATCO Structures reported CAD 119 million in adjusted earnings and 15 consecutive quarters of growth.