Company: TSLTF
Filing Date: 2025-12-09
Form Type: F-10EF
Source: 0001193125-25-312047
Chunk: 34

Company: TRANSALTA CORP
Filing Date: 2025-12-09
Form: F-10EF
Chunk 34
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 indemnification agreements with each of its officers and directors pursuant to which they are indemnified
substantially to the extent permitted by the CBCA. Pursuant to the terms of these agreements the Registrant maintains errors and omissions insurance for its officers and directors while they remain an officer or director and for a period of 7 years
thereafter.

Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended (the “Securities Act”) may be
permitted to directors, officers or persons controlling the Registrant pursuant to the foregoing provisions, the Registrant has been informed that in the opinion of the Securities and Exchange Commission such indemnification is against public policy
as expressed in the Securities Act and is therefore unenforceable.

II-1

EXHIBITS

| Exhibit 
 Number  
 4.1     
 4.2     |     | Description                                                                                                                                                                                        
 Annual information form for the year ended December 31, 2024 (incorporated by reference from Exhibit                                                                                               
 99.1 to the Registrant’s Annual Report on Form 40-F, filed with the Securities and Exchange Commission (the “Commission”) on February                                                              
 20, 2025) (the “Form 40-F”).                                                                                                                                                                       
 Management’s discussion and analysis for the year ended December                                                                                                                                   
 31, 2024 (incorporated by reference from Exhibit No. 99.2 to the Form 40-F).                                                                                                                       |
|:--------|:----|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.3     |     | Audited consolidated financial statements as at and for the years ended December                                                                                                                   
 31, 2024 and 2023, together with the notes thereto and the report of the independent registered public accounting firm thereon (incorporated by reference from Exhibit No. 99.3 to the Form 40-F). |
| 4.4     |     | Management proxy circular dated March                                                                                                                                                              
 7, 2025, prepared in connection with the annual and special meeting of shareholders held on April 24, 2025 (incorporated by reference from Exhibit No. 99.2 to the Registrant’s Form               
 6-K, furnished to the Commission on March 25, 2025).                                                                                                                                               |
| 4.5     |     | Condensed consolidated interim financial statements for the three and nine month periods ended September                                                                                           
 30, 2025 and