tce-2025-q4-results-presentation.pdf

Pembina Pipeline Corporation and TC Energy Corporation are pleased to share their plan to jointly develop a world-scale carbon transportation and sequestration system which, when fully constructed, will be capable of transporting more than 20 million tonnes of CO2 annually. By leveraging existing pipelines and a newly developed sequestration hub, the Alberta Carbon Grid ("ACG" or the "Project") represents the infrastructure platform needed for Alberta-based industries to effectively manage their emissions and contribute positively to Alberta's lower-carbon economy and create sustainable long-term value for Pembina and TC Energy stakeholders.

TC Energy’s commitment to managing pipeline assets safely and responsibly throughout the lifecycle includes eventual decommissioning or abandonment when pipelines and facilities are no longer necessary for service.

2025-tcpl-second-quarter-report.pdf