Company: TSLTF
Filing Date: 2025-12-12
Form Type: SUPPL
Source: 0001193125-25-317786
Chunk: 281

Company: TRANSALTA CORP
Filing Date: 2025-12-12
Form: SUPPL
Chunk 281
---
 practices in place for the protection of human rights. Our Human Rights and Discrimination Policy outlines our commitment to human rights in our operations and supply chain to ensure that our personnel policies and practices in our global operations respect fundamental rights. Expected behaviours of all our employees are set out in our Corporate Code of Conduct. We are committed to creating a work environment where all workers feel safe and are valued for the diversity they bring to our business. Our annual mandatory Code of Conduct training is required for employees prior to signing off the Code of Conduct. In 2024, 100 per cent of employees completed the training and acknowledged and signed the Code of Conduct. We also have adopted a Supplier Code of Conduct that defines the principles and standards expected of suppliers, their employees and contractors to meet while providing goods and/or services to TransAlta. Our Whistleblower Policy provides a mechanism for our employees, officers, directors and contractors to report, among other things, any actual or suspected ethical or legal violations. We would seek to remedy the impact promptly in order to establish a corrective action plan in collaboration with the relevant individuals and stakeholders.

TransAlta files annual reports under Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Actand Australia’s Modern Slavery Act 2018. Such reports set forth the actions that we have taken to assess and address modern slavery risks within our operations and supply chain. Supply Chain We continue to seek solutions to advance supply chain sustainability. As we explore major projects, we assess vendors both at the evaluation stage and as part of information requests on such elements as safe work practices, environmental practices and Indigenous spend. This means, for example and for select procurement engagements, getting information on:

| • |     | Estimated value of services that will be procured though local Indigenous businesses; |

| • |     | Estimated number of local Indigenous persons that will be employed; |

| • |     | Understanding overall community spend and engagement; and |

| • |     | Understanding the state of community relations through interview processes and stakeholder work. |

In the coming years, we plan to develop ESG criteria for supply chain engagement and work to understand our direct suppliers’ GHG emissions profile and targets. Our long-term plan is to collaborate with suppliers to explore enhancement of their GHG emissions targets and to consider setting direction for engaging suppliers with GHG emissions reduction targets. In 2022, TransAlta approved a new goal to integrate sustainability into our supply chain. Our target is “By 2024, 80 per cent of our spend