2025-26 SaskEnergy Annual Report

Contents

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SaskEnergy is committed to delivering safe and reliable natural gas for the residents, businesses and industries of Saskatchewan. As the energy provider for the province, we strive to offer competitive rates and customer service excellence. Our success is driven by our values as we continue to deliver on our vision to provide critical energy to support a prosperous Saskatchewan.

5 Our Business 6 Corporate Profile 7 Letter of Transmittal 8 Chair’s Message 9 President’s Message 12 Looking Back at 2025-26 15 Financial and Operating Highlights 22 Management’s Discussion and Analysis

45 Consolidated Financial Statements 54 Notes to the Consolidated Financial Statements 82 Corporate Governance 84 Supplementary Information 86 Glossary of Key Success Measures 90 Glossary of Natural Gas Measurements 91 Saskatchewan Natural Gas Transmission Lines

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