^{(1) Normalized EBITDA and normalized net income are non-GAAP financial measures that do not have any standardized meaning as prescribed by U.S. GAAP and therefore may not be comparable to similar measures presented by other entities. The most directly comparable measures presented in the financial statements are (i) in respect of normalized EBITDA, operating income and (ii) in respect of normalized net income, net income applicable to shareholder. Additional disclosure regarding these non-GAAP financial measures can be found under the section titled “Non-GAAP Financial Measures” of the 2024 Annual MD&A dated March 5, 2025, available on SEDAR+ at http://www.sedarplus.com/ under TriSummit Utilities Inc.’s profile.}