An anonymous director reports

TC ENERGY DECLARES QUARTERLY DIVIDENDS

TC Energy Corp.'s board of directors has declared a quarterly dividend of 93 cents per common share for the quarter ending June 30, 2023, on the company's outstanding common shares. The common share dividend is payable on July 31, 2023, to shareholders of record at the close of business on June 30, 2023.

The board also declared quarterly dividends on the outstanding cumulative first preferred shares as follows.

For the period up to but excluding June 30, 2023, payable on June 30, 2023, to shareholders of record at the close of business on May 31, 2023:

• Series 1 (TRP.PR.A) -- 21.74375 cents per share;
• Series 2 (TRP.PR.F) -- 40.41397 cents per share;
• Series 3 (TRP.PR.B) -- 10.5875 cents per share;
• Series 4 (TRP.PR.H) -- 36.42493 cents per share.

For the period up to but excluding July 30, 2023, payable on July 31, 2023, to shareholders of record at the close of business on June 30, 2023:

• Series 5 (TRP.PR.C) -- 12.18125 cents per share;
• Series 6 (TRP.PR.I) -- 37.06692 cents per share;
• Series 7 (TRP.PR.D) -- 24.3938 cents per share;
• Series 9 (TRP.PR.E) -- 23.5125 cents per share.

For the period up to but excluding May 31, 2023, payable on May 31, 2023, to shareholders of record at the close of business on May 15, 2023:

• Series 11 (TRP.PR.G) -- 20.94375 cents per share.

These dividends are designated by TC Energy to be eligible dividends for purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.

The board also approved the issuance of common shares from treasury at a 2-per-cent discount under TC Energy's dividend reinvestment plan (DRP). Under the DRP, investors holding TC Energy common or preferred shares can receive common shares instead of cash dividend payments. For further details, including how to enroll in the program, please refer to the company's website.

About TC Energy Corp.

The company is a team of 7,000+ energy problem solvers working to move, generate and store the energy North America relies on. Today, it is taking action to make that energy more sustainable and more secure. It is innovating and modernizing to reduce emissions from its business. And it is delivering new energy solutions -- from natural gas and renewables to carbon capture and hydrogen -- to help other businesses and industries decarbonize too. Along the way, it invests in communities and partners with its neighbours, customers and governments to build the energy system of the future.

We seek Safe Harbor.