SaskEnergy First Quarter Report - June 30, 2026

Financial and Operating Highlights

Three months ended June 30,

CONSOLIDATED FINANCIAL INFORMATION ($ millions)

2026

2025

Delivery

64 67

61 65

Transportation and storage Realized commodity margin

5 6 7

5 6

Realized asset optimization margin Customer capital contributions

25

Total revenue and margins

149

162

Employee benefits

32 55 37

33 57 35

Operating and maintenance Depreciation and amortization

Saskatchewan taxes Net finance expense

4

5

19

20

Other net losses Total expenses

-

1

147

151

Net income before unrealized market value adjustments

2 1 3

11

Market value adjustments CONSOLIDATED NET INCOME

(6)

5

Cash provided by operating activities Cash used in investing activities

94

51

(44) (42)

(67)

Cash (used in) provided by financing activities

16

Dividends declared

1

4

Total assets Total net debt

4,088 2,066 60.1%

3,772 1,926 59.4%

Debt/Equity ratio

OPERATING STATISTICS Distribution energy (petajoules) Residential/Farm

5 6

4 5

Commercial

Industrial

47 58

45 54

Total

Weather (compared to last 30 years) Transmission energy (petajoules) Domestic

10% colder

11% warmer

86

85

Export

1

4

Total

87

89

Cash used in Investing Activities $ millions

Income (Loss) before MVA $ millions

Cash from Operations $ millions

$94

$11

$79

$67

$44

$2

$51

$36

-$6 2024

2026

2025

2026

2025

2024

2026

2025

2024

3

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