Company: TSLTF
Filing Date: 2025-12-12
Form Type: SUPPL
Source: 0001193125-25-317786
Chunk: 62

Company: TRANSALTA CORP
Filing Date: 2025-12-12
Form: SUPPL
Chunk 62
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 in accordance with DTC’s Money Market Instrument procedures. Under its usual procedures, DTC mails an “Omnibus Proxy” to the Corporation as soon as possible after the record date. The Omnibus Proxy assigns
Cede & Co.’s consenting or voting rights to those Direct Participants to whose accounts Notes are credited on the record date (identified in a listing attached to the Omnibus Proxy).

Payments on the Notes will be made to Cede & Co., or such other nominee as may be requested by an authorized representative of DTC.
DTC’s practice is to credit Direct Participants’ accounts upon DTC’s receipt of funds and corresponding detail information from the Corporation or the Trustee, on payable date in accordance with their respective holdings shown on
DTC’s records. Payments by Participants to Beneficial Owners will be governed by standing instructions and customary practices, as is the case with securities held for the accounts of customers in bearer form or registered in “street
name”, and will be the responsibility of such Participant and not of DTC, the Trustee, or the Corporation, subject to any statutory or regulatory requirements as may be in effect from time to time. Any payment due to Cede & Co. (or
such other nominee as may be requested by an authorized representative of DTC) is the Corporation’s responsibility or the responsibility of the Trustee, disbursement of such payments to Direct Participants shall be the responsibility of DTC,
and disbursement of such payments to the Beneficial Owners shall be the responsibility of Direct Participants and Indirect Participants.

None of TransAlta, the Trustee or any paying agent for the Notes will have any responsibility or liability for any aspect of the records
relating to, or payments made on account of, beneficial ownership interests of the Notes or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

DTC may discontinue providing its services as depository with respect to the Notes at any time by giving reasonable notice to the Corporation
or the Trustee. Under such circumstances, in the event that a successor depository is not obtained, certificates for the Notes are required to be printed and delivered.

The Corporation may decide to discontinue use of the system of book-entry-only transfers through DTC (or a successor Notes depository). In
that event, certificates will be printed and delivered to DTC.

The information in this section covering DTC and DTC’s system has
been obtained from sources that the Corporation believes to be reliable, but the Corporation takes no responsibility