TransAlta Declares Dividends

TransAlta Corporation Announces Quarterly Dividends for Multiple Preferred Share Series

TransAlta Corporation declared quarterly dividends on several series of its cumulative redeemable rate reset preferred shares for the period from March 31, 2026 to June 30, 2026. Dividend rates and per share amounts were specified for each series, with payments scheduled for June 30, 2026. The company operates in power generation across Canada, the US, and Western Australia with a diversified energy portfolio.

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Key Points

Declared quarterly dividends on multiple series of preferred shares with specified rates and payment dates.
Dividend rates for Series B and Series D preferred shares will be reset every quarter due to their floating rate nature.
TransAlta operates a technology-diverse power generation portfolio across Canada, the US, and Western Australia.

CALGARY, Alberta, April 29, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including March 31, 2026, up to but excluding June 30, 2026:

Preferred
SharesTSX Stock
SymbolDividend
RateDividend Per
ShareRecord DatePayment DateSeries ATA.PR.D4.782%$0.29888June 1, 2026June 30, 2026Series B*TA.PR.E4.221%$0.26309June 1, 2026June 30, 2026Series CTA.PR.F5.854%$0.36588June 1, 2026June 30, 2026Series D*TA.PR.G5.291%$0.32978June 1, 2026June 30, 2026Series ETA.PR.H6.894%$0.43088June 1, 2026June 30, 2026Series GTA.PR.J6.773%$0.42331June 1, 2026June 30, 2026

* Please note the quarterly floating rate on the Series B and Series D Preferred Shares will be reset every quarter.

All currency is expressed in Canadian dollars (unless otherwise noted). When the dividend payment date falls on a weekend or holiday the payment is made the following business day.

About TransAlta Corporation:

TransAlta is one of Canada’s largest publicly traded power generators, delivering reliable electricity across Canada, the United States and Western Australia. For more than 100 years, our people have safely operated and evolved essential energy infrastructure that powers customers and communities. Our technology-diverse portfolio and disciplined execution allow us to deliver dependable power across evolving energy systems. We take a practical, responsible approach to meeting today’s energy needs while building for what comes next.

For more information about TransAlta, visit our web site at transalta.com.

For more information:

Investor Inquiries:Media Inquiries:Phone: 1-800-387-3598 in Canada and USPhone: 1-855-255-9184Email: [email protected] Email: [email protected]

Risks

Dividends on Series B and Series D preferred shares are subject to quarterly floating rate resets, introducing variability in income for investors.
Economic or regulatory changes in energy markets across Canada, the US, and Australia could impact TransAlta's operational performance.
Dependence on evolving energy systems and infrastructure maintenance may pose operational and financial risks.

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TransAlta Declares Dividends

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