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.

This annual report is a comprehensive report on a company's activities throughout the preceding year.

tce-CPOC-Financial-Statements-Q2-2025.pdf

roadmap-to-reasonable-assurance-on-GHG-emissions-July-2025.pdf

This report—produced since 2001—provides us with the opportunity to comprehensively and transparently report on our economic, social and environmental performance. We define corporate responsibility (CR) as our “commitment to operating in an economically, socially and environmentally sustainable manner while recognizing the interests of our stakeholders.”

tce-CPOC-Financial-Statements-Q3-2025.pdf