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This document provides an overview of the key factors that have influenced how TransCanada has performed in its recent past, its financial condition, and its future prospects.

TC Energy Corporation today announced net income attributable to common shares for fourth quarter 2019 of $1.1 billion or $1.18 per share compared to net income of $1.1 billion or $1.19 per share for the same period in 2018. For the year ended December 31, 2019, net income attributable to common shares was $4.0 billion or $4.28 per share compared to net income of $3.5 billion or $3.92 per share in 2018. Comparable earnings for fourth quarter 2019 were $970 million or $1.03 per common share compared to $946 million or $1.03 per common share for the same period in 2018. For the year ended December 31, 2019, comparable earnings were $3.9 billion or $4.14 per common share compared to $3.5 billion or $3.86 per common share in 2018. TC Energy's Board of Directors also declared a quarterly dividend of $0.81 per common share for the quarter ending March 31, 2020, equivalent to $3.24 per common share on an annualized basis, an increase of eight per cent. This is the twentieth consecutive year the Board has raised the dividend.

tce-TCP-LP-Q1-2023-Financials_5.12.23.pdf

TransCanada Pipelines Ltd — Financial Statements — 2020

TC Energy reserves the right to withdraw, at our discretion, permission to use photos and videos and may request any party to discontinue use of photos and videos.

We don’t have a monopoly on good ideas for pipeline safety and as an organization, we are able to design and build better projects by using the feedback we get from industry, government, landowners, Indigenous communities and regulators. Constructive feedback is an important tool for growth... Ongoing compliance with approval conditions by our regulator is just one step in ensuring we do that each and every day.

This document provides a comprehensive report on a company's activities throughout the preceding year.

2021 Meter Stations and Laterals Abandonment Program Map