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Second Quarter 2026 Financial Highlights release

Our diversified and irreplaceable portfolio of high-quality, long-life energy infrastructure assets continue to produce strong results.

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Driven by disciplined execution and strong market momentum, 2025 was a defining year for TC Energy. We delivered safe and reliable operations, advanced critical energy infrastructure and strengthened our financial performance to meet rising energy demand across North America.

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Liquids Spinoff

On Oct. 1, 2024, we successfully completed the spinoff of our Liquids Pipelines business – South Bow. As separate companies, we can pursue disciplined growth plans and distinct strategies, positioning both companies to maximize asset value and continue to meet growing energy demand.
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North Montney Mainline Project — Commitment Tracking Table No. 65

Edson Mainline Expansion Project – Commitment Tracking Table No. 23

Edson Mainline Expansion Project – Commitment Tracking Table No. 23

2021 NGTL System Expansion — Commitment Tracking Table No. 42

2021 NGTL System Expansion — Commitment Tracking Table No. 45

tce-heartland-project-supplier-fact-sheet.pdf

tce-heartland-project-supplier-fact-sheet.pdf

North Montney Mainline Project — Commitment Tracking Table No. 54

North Montney Mainline Project — Commitment Tracking Table No. 66

2021 NGTL System Expansion — Commitment Tracking Table No. 41

tc-north-montney-mainline-commitment-tracking-no-68

tc-north-montney-mainline-commitment-tracking-no-68

Commitment Tracking Table No. 23

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