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Portland Calgary Alberta New Brunswick British Columbia Quebec Washington Oregon Ontario Ottawa Olympia Wyoming COMPANY OVERVIEW TransAlta Corporation (TSX:TA, NYSE:TAC), headquartered in Calgary, Alberta, is one of Canada’s largest publicly traded wholesale power generators and marketers. We’re also the sponsor and majority owner of TransAlta Renewables and we have power plants in Canada, the United States and Australia. TransAlta’s goal is to provide reliable, competitive power in a responsible, sustainable way. One of the areas where we’ve grown the most in recent years has been in wind generation and we now have wind farms that have ~1,250 MW in net generating capacity in New Brunswick, Quebec, Ontario, Alberta and the state of Wyoming. From our beginnings as a small, local power company to the diverse business that we are today, TransAlta has been providing power for more than 100 years and we’ll keep on growing for the future. WHY INVEST • 100+ year operating history • Diversified, and highly contracted portfolio • Investment grade credit rating • Strategic partnerships • Near and long-term EBITDA growth • Well positioned for growth in markets with strong fundamentals, including Western Canada and Australia • Access to low-cost capital for funding growth through TransAlta Renewables • Sustainable dividend TRANSALTA TODAY • 2014 comparable EBITDA of $1,036 million • 64 facilities in Canada, U.S. and Australia • Net fleet capacity of over 8,700 MW • Net renewable capacity of ~2,100 MW • Canada’s largest wind power generator with more than 1,100 MW of net generating capacity • Enterprise value of ~$9.3 billion • Market capitalization of ~$3.4 billion • 3 month average daily shares traded: ~877 thousand (at Mar 31, 2015) • Total shares outstanding: 277 million (at Mar 31, 2015) GENERATION FACILITIES www.transalta.com 100 YEARS POWERING PROGRESS INVESTOR FACT SHEET. Canadian Coal U.S. Coal Gas Wind Hydro 35% 6% 28% 28% 16% 8% 7% Energy Marketing 41% 15% 15% 10% 18% Canadian Coal U.S. Coal Gas Wind Hydro Coal-Fired Plants Hydro Plants Gas-Fired Plants Wind-Powered Plants Geothermal Plants Corporate Offices (3) Perth Australia LATEST QUARTERLY DIVIDEND (Common Shares): $0.18 Declared Apr 27, 2015 TransAlta’s quarterly dividend provides a stable income stream for our shareholders. It represents a key component of our shareholders’ total return in their investment in TransAlta. * Includes 100% of TransAlta Renewables’ assets 2014 NET GENERATING CAPACITY BY FUEL TYPE* 2014 EBITDA BY BUSINESS SEGMENT
