Company: TSLTF
Filing Date: 2025-12-12
Form Type: SUPPL
Source: 0001193125-25-317786
Chunk: 70

Company: TRANSALTA CORP
Filing Date: 2025-12-12
Form: SUPPL
Chunk 70
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U.S. federal income tax on such payments unless it provides its taxpayer identification number and otherwise complies with applicable certification requirements. Backup withholding is not an additional tax. The amount of any backup withholding
from a payment to a U.S. Holder generally will be allowed as a credit against such U.S. Holder’s U.S. federal income tax liability and may entitle such U.S. Holder to a refund, provided that the required information is
furnished to the IRS in a timely manner. Prospective U.S. Holders should consult their tax advisors regarding the application of backup withholding, the availability of an exemption from backup withholding and the procedure for obtaining such an
exemption, if available.

Information with Respect to Foreign Financial Assets

Certain U.S. Holders (including individuals) who hold an interest in “specified foreign financial assets” (as defined in
Section 6038D of the Code) with an aggregate value exceeding certain threshold amounts generally are required to report information relating to such assets with their tax returns (generally, on IRS Form 8938), subject to certain exceptions. The
Notes generally will constitute specified foreign financial assets subject to these reporting requirements unless the Notes are held in accounts maintained by certain financial institutions (in which case the accounts themselves may be reportable if
maintained by non-U.S. financial institutions).

Prospective U.S. Holders should consult their own
tax advisors regarding application of the foregoing disclosure requirements to their ownership of the Notes and the potentially significant penalties for, and other adverse consequences of, non-compliance.

FATCA

No additional amounts
will be required to be paid on account of, and payments on the Notes will be paid net of, any deduction or withholding imposed under Sections 1471 through 1474 of the Code (provisions commonly known as “FATCA”) or any current
or future regulations issued thereunder, any intergovernmental agreement entered into with respect to FATCA or similar law or regulation adopted pursuant to an intergovernmental agreement between a
non-U.S. jurisdiction and the United States with respect to the foregoing or any agreements entered into pursuant to Section 1471(b)(1) of the Code.

THE U.S. FEDERAL INCOME TAX DISCUSSION SET FORTH ABOVE IS INCLUDED FOR GENERAL INFORMATION ONLY AND MAY NOT BE APPLICABLE DEPENDING UPON A PROSPECTIVE PURCHASER’S PARTICULAR SITUATION. PROSPECTIVE PURCHASERS ARE URGED TO CONSULT THEIR OWN