2025-26 SaskEnergy Annual Report

President’s Message

9

Our vision to provide critical energy to support a prosperous Saskatchewan recognizes the vital role SaskEnergy plays in supporting the quality of life and economic growth we continue to enjoy in our province. Each year, we plan and develop strategies to maintain a strong foundation in the delivery of safe, affordable and reliable energy to the province, while also positioning SaskEnergy for strategic, responsible growth to meet the evolving needs of our customers. Throughout the past year, these strategies served us well, contributing to strong results while maintaining delivery rates that remained among the lowest in Canada. SaskEnergy remains dedicated to supporting and investing in the rural, urban and Indigenous

communities we serve — not only through our natural gas service, but through community involvement initiatives, programs and rebates to help customers reduce their energy use and bills, and a focus on local procurement. As a Crown corporation, we’re privileged to operate in a province with one of the highest rates of volunteerism in Canada and, in 2025-26, we proudly celebrated 25 years as Saskatchewan’s Champion of Volunteers. Through this program, SaskEnergy has provided more than $2.7 million in sponsorship of volunteer-led programs and events, supporting over 840,000 volunteers across nearly 1,500 initiatives. While our province’s industries and communities continue to grow, so too does the demand for energy in Saskatchewan. With the number of residences and businesses SaskEnergy serves now surpassing 418,000, and our large industrial customers looking to expand their operations in Saskatchewan, continued investment in our natural gas system is critical. As we invest in our system, we are also provided with the opportunity to contribute to Saskatchewan’s robust economy. In 2025-26, our local procurement reached 73 per cent, with more than $340 million in goods and services purchased from Saskatchewan vendors and nearly $45 million in contracts awarded to businesses with Indigenous ownership or workforce representation. Alongside this growth, we know people and businesses across the province are feeling the pressures of fast-paced economic changes. With costs continuing to rise, for SaskEnergy and for our customers, we remain focused on strengthening our financial sustainability and maintaining competitive rates for our customers. In 2025-26, we made further progress on our commitment to reduce emissions from operations by 35 per cent by 2030, reaching 27.1 per cent reduction from 2019 levels. In addition, we provided $7.2 million in rebates to residential and commercial customers through our energy efficiency programs. These programs support customers in switching to high-efficiency heating equipment, which allows them to reduce energy use, lower their energy bills and decrease their end-use emissions. In 2025-26, we introduced the Heating Affordability Program to further support customers who may face financial barriers in accessing high-efficiency equipment, at a time when affordability is top of mind. As we reflect on another successful year, it’s clear that SaskEnergy’s strongest asset remains our people. Our employees consistently embody our corporate values of safety, integrity, stewardship and teamwork, and I thank them for their dedication to the people of Saskatchewan. I would also like to acknowledge our Board of Directors for their support and leadership in 2025-26.

Mark Guillet, K.C. President and Chief Executive Officer

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