Mr. Colin Jackson reports

CANADIAN UTILITIES TO SHARE STRATEGIC UPDATE AT ANNUAL GENERAL MEETING ON MAY 8, 2024

Canadian Utilities Ltd. will hold its 97th annual general meeting of share owners at 10 a.m. MDT on Wednesday, May 8, 2024. In addition to the formal business of the meeting, attendees will hear management's view of Canadian Utilities' full year 2023 and first quarter 2024 operational and financial performance.

At this year's meeting, members of the Canadian Utilities executive leadership team will also outline growth strategies and goals for each of Canadian Utilities' largest businesses: ATCO Energy Systems, ATCO EnPower and ATCO Australia.

Attendees will hear from:

• Nancy Southern, Chair & Chief Executive Officer
• Katie Patrick, Executive Vice President & Chief Financial Officer
• John Ivulich, Chief Executive Officer & Country Chair, ATCO Australia
• Bob Myles, Chief Operating Officer, ATCO EnPower
• Wayne Stensby, Chief Operating Officer, ATCO Energy Systems

Share owners and interested parties can view the meeting virtually using Microsoft Teams via this link using a web browser (Chrome, Safari, Edge or Firefox) on a smartphone, tablet or computer. Using Internet Explorer is not recommended as it is no longer supported and may not function properly.

Canadian Utilities Limited and its subsidiary and affiliate companies have approximately 9,000 employees and assets of $23 billion. Canadian Utilities, an ATCO company, is a diversified global energy infrastructure corporation delivering essential services and innovative business solutions. ATCO Energy Systems delivers energy for an evolving world through its electricity and natural gas transmission and distribution, and international operations segments. ATCO EnPower creates sustainable energy solutions in the areas of renewables, energy storage, industrial water and clean fuels. ATCO Australia develops, builds, owns and operates energy and infrastructure assets. ATCOenergy and Rumi provide retail electricity and natural gas services, home maintenance services and professional home advice that bring exceptional comfort, peace of mind and freedom to homeowners and customers.