Company: TSLTF
Filing Date: 2025-12-12
Form Type: SUPPL
Source: 0001193125-25-317786
Chunk: 163

Company: TRANSALTA CORP
Filing Date: 2025-12-12
Form: SUPPL
Chunk 163
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|                                          |     | Balance  
 Dec. 31, 
 2023     |       |     | Debt    
 assumed |     |     | Repayments    
 and dividends 
 paid(1)       |      |   |     | New    
 leases |   |     | Dividends 
 declared  |     |     | Foreign  
 exchange 
 impact   |    |     | Other |    |     | Balance  
 Dec. 31, 
 2024     |       |
| Long-term debt and  lease liabilities(2) |     |          | 3,469 |     |         | 232 |     |               |    6 |   |     |        | 5 |     |           |   — |     |          | 86 |     |       | 11 |     |          | 3,809 |
| Exchangeable securities                  |     |          |   744 |     |         |   — |     |               |    — |   |     |        | — |     |           |   — |     |          |  — |     |       |  6 |     |          |   750 |
| Dividends payable                        
 (common and preferred)                   |     |          |    49 |     |         |   — |     |               | (123 | ) |     |        | — |     |           | 123 |     |          |  — |     |       |  — |     |          |    49 |
| Total liabilities from                   
 financing activities                     |     |          | 4,262 |     |         | 232 |     |               | (117 | ) |     |        | 5 |     |           | 123 |     |          | 86 |     |       | 17 |     |          | 4,608 |

| (1) | Includes a decrease of $131 million related to the repayment of long-term debt, a                                          
 $143 million net decrease in borrowings under credit facilities and a decrease in finance lease obligations of $6 million. |

| (2) | Includes bank overdraft of $1 million and new debt assumed of $232 million as part of the 
 Heartland acquisition. Refer to Note 4.                                                   |

|                                          |     | Balance  
 Dec. 31, 
 2022     |       |     | Cash      
 issuances |    |     | Repayments    
 and dividends 
 paid