<SEC-DOCUMENT>0002019061-26-000021.txt : 20260507
<SEC-HEADER>0002019061-26-000021.hdr.sgml : 20260507
<ACCEPTANCE-DATETIME>20260507170158
ACCESSION NUMBER:		0002019061-26-000021
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		13
CONFORMED PERIOD OF REPORT:	20260331
FILED AS OF DATE:		20260507
DATE AS OF CHANGE:		20260507

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			South Bow Corp
		CENTRAL INDEX KEY:			0002019061
		STANDARD INDUSTRIAL CLASSIFICATION:	PIPE LINES (NO NATURAL GAS) [4610]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			1231
		LEGAL ENTITY IDENTIFIER:    	2549000XS5TAFA3YF943

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42021
		FILM NUMBER:		26954700

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		707 5 STREET SW
		STREET 2:		SUITE 900
		CITY:			CALGARY
		NON US STATE TERRITORY:  	ALBERTA
		PROVINCE COUNTRY:   	Z4
		ZIP:			T2P 1V8
		BUSINESS PHONE:		587-318-5410

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		707 5 STREET SW
		STREET 2:		SUITE 900
		CITY:			CALGARY
		NON US STATE TERRITORY:  	ALBERTA
		PROVINCE COUNTRY:   	Z4
		ZIP:			T2P 1V8
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sobo6k-q12026.htm
<DESCRIPTION>6-K
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2026 Workiva -->
<title>Document</title></head><body><div id="ica3bcfc00b5f48e1bb840c76e2ee1502_1"></div><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">UNITED STATES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Washington, D.C. 20549</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:16pt;font-weight:700;line-height:120%">FORM 6-K</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Report of Foreign Private Issuer</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Pursuant to Rule 13a-16 or 15d-16 of</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">the Securities Exchange Act of 1934</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">For the month of May 2026</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Commission File No. 001-42021</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:16pt;font-weight:700;line-height:120%">SOUTH BOW CORPORATION </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">(Translation of Registrant's Name into English)</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">707 5th Street SW, Suite 900</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Calgary, Canada T2P 1V8</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:120%">(Address of Principal Executive Offices)</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F&#58;</font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Form 20-F </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9744;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> Form 40-F </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9745;</font></div><div><font><br></font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Exhibits 99.1, 99.2, 99.3, 99.4, 99.5, and 99.6 to this report, furnished on Form 6-K, are furnished, not filed, and will not be incorporated by reference into any registration statement filed by the registrant under the Securities Act of 1933, as amended.</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><img alt="image_0a.jpg" src="image_0a.jpg" style="height:2px;margin-bottom:5pt;vertical-align:text-bottom;width:624px"></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.340%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.180%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.180%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:100%">EXHIBIT INDEX</font></td></tr></table></div><div><font><br></font></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:3.387%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.402%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.402%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:29.669%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:29.669%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:29.671%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">99.1</font></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%"><a href="sobomda-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">Management&#8217;s Discussion and Analysis dated </a><a href="sobomda-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">May 7</a><a href="sobomda-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">, 20</a><a href="sobomda-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">26</a><a href="sobomda-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none"> for the period ended </a><a href="sobomda-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">March 31, 20</a><a href="sobomda-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">26</a><a href="sobomda-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">.</a></font></div></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">99.2</font></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%"><a href="sobofs-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">Interim Financial Statements (unaudited) for the period ended </a><a href="sobofs-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">Ma</a><a href="sobofs-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">rch 31</a><a href="sobofs-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">, 202</a><a href="sobofs-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">6</a><a href="sobofs-q12026.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">.</a></font></div></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">99.3</font></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%"><a href="soboq12026-ceocertificatio.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</a></font></div></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">99.4</font></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%"><a href="soboq12026-cfocertificatioa.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</a></font></div></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">99.5</font></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%"><a href="soboq12026-ceocertificatioa.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</a></font></div></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">99.6</font></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%"><a href="soboq12026-cfocertificatio.htm" style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:none">Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</a></font></div></td></tr></table></div><div><font><br></font></div><div style="text-align:center"><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">SIGNATURES</font></div><div><font><br></font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Date&#58; May 7, 2026</font></div><div><font><br></font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:0.1%"></td><td style="width:0.593%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.593%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.593%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.519%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.519%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.519%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.820%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.820%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:23.824%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="9" style="padding:0 1pt"></td><td colspan="18" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:100%">SOUTH BOW CORPORATION</font></td></tr><tr style="height:13pt"><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td></tr><tr style="height:13pt"><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td></tr><tr style="height:13pt"><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td></tr><tr><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">By&#58;</font></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;margin-top:2pt;padding-right:-1.38pt"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">&#47;s&#47; Lori M. Muratta</font></div></td></tr><tr><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Name&#58; Lori M. Muratta</font></td></tr><tr><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Title&#58; Senior Vice-President and General Counsel</font></td></tr><tr style="height:13pt"><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td><td colspan="9" style="padding:0 1pt"></td></tr></table></div><div><font><br></font></div><div><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>sobomda-q12026.htm
<DESCRIPTION>Q1 2026 MANAGEMENT'S DISCUSSION AND ANALYSIS
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2026 Workiva -->
<title>Document</title></head><body><div id="i3b4c7599f38a40b2b59ef78071a1dae3_1"></div><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit 99.1</font></div><div style="margin-bottom:9pt;margin-top:9pt"><font style="color:#31534d;font-family:'Exo 2',sans-serif;font-size:28pt;font-weight:700;line-height:120%">Management's</font></div><div style="margin-bottom:39pt;margin-top:9pt"><font style="color:#31534d;font-family:'Exo 2',sans-serif;font-size:28pt;font-weight:700;line-height:120%">Discussion and Analysis</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Basis of Presentation</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following management's discussion and analysis (&#8220;MD&#38;A&#8221;) was prepared as of May&#160;7, 2026 and is a review of the results of operations and the liquidity and capital resources of South Bow Corporation and its subsidiaries (collectively, &#8220;South Bow&#8221; or the &#8220;Company&#8221;). The MD&#38;A should be read in conjunction with the accompanying unaudited consolidated interim financial statements and notes thereto (the &#8220;accompanying financial statements&#8221;) of South Bow as at and for the three months ended March 31, 2026, the annual audited consolidated financial statements of South Bow as at and for the years ended December&#160;31, 2025 and 2024 and notes thereto (the &#8220;annual financial statements&#8221;) and the accompanying MD&#38;A for the year ended December&#160;31, 2025, as well as South Bow&#8217;s annual information form (&#8220;AIF&#8221;) for the year ended December&#8239;31, 2025, each of which are available on South Bow&#8217;s website at </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.southbow.com</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, under South Bow's electronic profile on SEDAR+ at </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.sedarplus.ca,</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and in South Bow&#8217;s filings with the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;) at </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.sec.gov</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Unless otherwise noted, all financial figures in this MD&#38;A are in United States (&#8220;U.S.&#8221;) dollars.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This MD&#38;A contains non-GAAP financial measures and forward-looking statements. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Specified Financial Measures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Forward-looking Information</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> sections of this MD&#38;A for additional details. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Glossary</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section for abbreviations and capitalized terms commonly used in this MD&#38;A.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_4"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Corporate Profile</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">South Bow Overview</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow is an energy infrastructure company that owns and operates critical liquids pipelines and facilities extending across Canada and the U.S., safely and reliably connecting robust crude oil supplies to key refining and demand markets in the U.S. Midwest and U.S. Gulf Coast. South Bow seeks to optimize its assets, invest strategically to sustainably grow its cash flows, and pay a meaningful dividend, if, as, and when declared by South Bow's board of directors (the &#34;Board&#34;). The majority of South Bow's revenues are generated through long-term committed transportation arrangements, whereby customers receive liquids transportation or storage services in exchange for a committed monthly payment.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow takes a disciplined approach to capital allocation to preserve optionality and maximize total shareholder returns over the long term. The Company's capital allocation priorities are built on a foundation of financial strength and are supported by South Bow's stable, predictable cash flows. South Bow's capital allocation priorities include&#58; paying a sustainable base dividend&#59; strengthening the Company's investment-grade financial position&#59; and leveraging existing infrastructure within South Bow's strategic corridor to offer customers competitive connections, enhanced optionality, and value chain extensions.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow has three reporting segments&#58; Keystone Pipeline System, Marketing, and Intra-Alberta &#38; Other.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In 2024, the Company completed the spinoff from TC Energy Corporation (&#8220;Former Parent&#8221;) to form South Bow as a publicly traded company (the &#8220;Spinoff&#8221;).</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     1</font></div></div></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_7"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Financial Highlights</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt 2px 5.5pt;text-align:left;text-indent:-4.5pt;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except per share amounts, ratios, and where noted</font></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Financial Results</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">491</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">498</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from equity investments</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">13</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income before income taxes</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">100</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized earnings before interest, income taxes, depreciation, and amortization (&#34;normalized EBITDA&#34;)</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">257</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">266</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Distributable cash flow </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">168</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">27</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">77</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average common shares outstanding - diluted (millions)</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;text-indent:-0.01pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right;text-indent:-0.01pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">208.5</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208.7</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income per share - diluted</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.37</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.42</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized net income</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">92</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized net income per share - diluted </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.44</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.47</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends declared</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">104</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends per share</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.50</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.50</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total long-term debt</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 3</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,751</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,719</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net debt </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,738</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,910</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net debt-to-normalized EBITDA (ratio) </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4.7</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.6</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operational Results</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone Pipeline System Operating Factor (&#34;SOF&#34;) (%)</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 4</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;text-indent:-0.01pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right;text-indent:-0.01pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">95</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone Pipeline throughput (Mbbl&#47;d)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">616</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">613</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S. Gulf Coast segment of Keystone Pipeline System throughput</font></div><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Mbbl&#47;d)</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 5</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">709</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">726</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketlink throughput (Mbbl&#47;d)</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">537</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">549</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Non-GAAP financial measure or ratio, which do not have standard meanings under generally accepted accounting principles (&#34;GAAP&#34;) and may not be comparable to similar measures presented by other entities. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Specified Financial Measures </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">section of this MD&#38;A for additional details.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Capital expenditures per the investing activities of the consolidated cash flow statements in the accompanying financial statements.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:112%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:112%;padding-left:2.04pt">Total long-term debt includes the Company's senior unsecured notes (&#34;Senior Notes&#34;) and junior subordinated notes (&#34;Junior Notes&#34;) per the consolidated balance sheets of the accompanying financial statements. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:112%">Long-term Debt, including Credit Facilities</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:112%"> section of this MD&#38;A for additional details.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">SOF measures South Bow's ability to deliver crude oil at the planned maximum rate of the Keystone Pipeline System.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Comprises throughput originating in Hardisty, Alberta transported on the Keystone Pipeline System, and throughput originating in Cushing, Oklahoma transported on Marketlink for destination in the U.S. Gulf Coast.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     2</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Change in Income before Income Taxes and Normalized EBITDA<br>(Three Months Ended March 31, 2026)</font></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:center"><img alt="chart-b052bd17d6e443c4bec.jpg" src="chart-b052bd17d6e443c4bec.jpg" style="height:240px;margin-bottom:5pt;vertical-align:text-bottom;width:307px"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;</font><img alt="chart-b8c528cc542b4b4b8f6.jpg" src="chart-b8c528cc542b4b4b8f6.jpg" style="height:240px;margin-bottom:5pt;vertical-align:text-bottom;width:307px"></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income before income taxes for the three months ended March 31, 2026 decreased to $100 million from $114 million in the same period of 2025.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income before income taxes for the Keystone Pipeline System segment increased during the three months ended March 31, 2026, compared to the same period of 2025, primarily driven by higher revenues and interest income, partially offset by higher operating costs in the 2026 period. During the three months ended March 31, 2026, the Company recognized $18 million of revenue related to historical variable toll adjustments which have been normalized (refer to </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Specified Financial Measures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details).</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Lower income before income taxes for the Marketing segment in the first quarter of 2026 relative to the first quarter of 2025 was attributable to an increased unrealized loss position at March 31, 2026, in addition to lower volumes sold at tighter margins.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income before income taxes for the Intra-Alberta &#38; Other segment decreased in the first quarter of 2026 compared to the same period of 2025, primarily attributable to initial costs associated with business development activities related to the proposed Prairie Connector project. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Recent Developments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's normalized EBITDA for the three months ended March 31, 2026 decreased to $257 million from $266 million in the same period of 2025, primarily driven by lower volumes sold and tighter margins realized by the Marketing segment.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Revenue and Income from Equity Investments</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.382%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.740%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, </font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenues</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">491</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">498</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from equity investments</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">13</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow generated revenue of $491 million during the three months ended March 31, 2026 compared to $498 million in the same period of 2025.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's Marketing segment generated lower revenues during the three months ended March 31, 2026 as a result of a larger unrealized loss position at March 31, 2026, lower volumes sold, and realized losses recognized on risk management contracts in the 2026 period compared to realized gains in the 2025 period.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     3</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Lower Marketing segment revenues were partially offset by increased Keystone Pipeline System segment revenues in the first quarter of 2026 compared to the first quarter of 2025 attributable to higher Keystone Pipeline variable rates, increased customer demand to move heavy crude oil towards the U.S. Gulf Coast, and higher contributions from Canadian operations due to a stronger Canadian dollar in the first quarter of 2026 compared to the same period of 2025. These increases were partially offset by lower throughput on the Marketlink pipeline. The Company also recognized $18 million of revenue related to historical variable toll adjustments during the three months ended March 31, 2026 which have been normalized (refer to </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Specified Financial Measures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details).</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income from equity investments was unchanged during the three months ended March 31, 2026 relative to the comparable period in 2025 due to the long-term committed contracts associated with the Company's equity investments.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Operating and Other Expenses</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.382%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.740%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="9" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, </font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Plant operating costs and other</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">193</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">171&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commodity purchases resold</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">74</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">64</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">331</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">320&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Plant operating costs and other increased during the three months ended March 31, 2026 compared to the 2025 period, primarily driven by higher Keystone Pipeline System operating costs as a result of pressure restrictions imposed on the Keystone Pipeline and increased integrity-related activities in connection with the Milepost 171 (&#34;MP-171&#34;) incident that occurred in April 2025. Additionally, the Company incurred costs associated with initial business development activities related to the proposed Prairie Connector project during the three months ended March 31, 2026. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Recent Developments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Expenses related to commodity purchases resold decreased during the three months ended March 31, 2026 due to lower commodity prices and lower quantities purchased relative to the comparative period in 2025.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Depreciation and amortization was relatively consistent year over year, with a slight increase in the 2026 period as the Company had additional assets in-service in the 2026 period compared to the 2025 period.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Net Income and Normalized Net Income</font></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:center"><img alt="chart-ff1ceb62fc5f4b2dbff.jpg" src="chart-ff1ceb62fc5f4b2dbff.jpg" style="height:192px;margin-bottom:5pt;vertical-align:text-bottom;width:672px"></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow recognized net income and normalized net income of $77 million and $92 million, respectively, during the first quarter of 2026 compared to net income and normalized net income of $88 million and $98 million, respectively, during the first quarter of 2025. Normalized net income was $0.44 per share (diluted) in the first quarter of 2026 compared to $0.47 per share (diluted) in the first quarter of 2025.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     4</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The decrease in net income during the three months ended March 31, 2026 compared to the same period in 2025 was primarily attributable to decreases in income before income taxes discussed earlier in this MD&#38;A, partially offset by lower income tax expense in the first quarter of 2026 compared to the 2025 period.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The decrease in normalized net income in the first quarter of 2026 compared to the same period in 2025 was primarily attributable to lower normalized EBITDA and lower income tax expense.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Distributable Cash Flow</font></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:center"><img alt="chart-2c02d7591fe547c4a1e.jpg" src="chart-2c02d7591fe547c4a1e.jpg" style="height:192px;margin-bottom:5pt;vertical-align:text-bottom;width:672px"></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Distributable cash flow for the three months ended March 31, 2026 increased to $168 million from $157 million for three months ended March 31, 2025. The increase was primarily driven by lower current income tax expense in the first quarter of 2026 compared to the first quarter of 2025, partially offset by lower income before taxes as discussed earlier in this MD&#38;A.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Total Long-term Debt and Net Debt</font></div><div style="margin-top:6pt;text-align:center"><img alt="chart-5607695f5f4f4d0088a.jpg" src="chart-5607695f5f4f4d0088a.jpg" style="height:192px;margin-bottom:5pt;vertical-align:text-bottom;width:672px"></div><div style="padding-left:10.8pt;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:112%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:112%;padding-left:2.04pt">Total long-term debt at March&#160;31, 2026 and December&#160;31, 2025 includes the Company's Senior Notes and Junior Notes. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:112%">Long-term Debt, including Credit Facilities</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:112%"> section of this MD&#38;A for additional details.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Net debt at March&#160;31, 2026 and December&#160;31, 2025 includes 50 per cent equity treatment of the Company's Junior Notes. Refer to</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Specified Financial Measures </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">section of this MD&#38;A for additional details on composition of net debt.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's total long-term debt of $5.8 billion was unchanged at March&#160;31, 2026 from December&#160;31, 2025, with no issuances or repayments occurring during the first quarter of 2026. Net debt</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">at March 31, 2026 was $4.7 billion, a slight decrease from December&#160;31, 2025 driven by higher cash balances at March 31, 2026 relative to December 31, 2025. The Company's nearest-term debt maturity is in September 2027. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Liquidity, Capital Resources, and Share Capital</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details on the Company's debt, capital structure, and credit ratings.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's net debt-to-normalized EBITDA ratio of 4.7 times was unchanged at March&#160;31, 2026 from December&#160;31, 2025.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     5</font></div></div></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_10"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Segment Results</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Keystone Pipeline System</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.740%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="9" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, </font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">417</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">380</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income before income taxes</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">197</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">175</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized EBITDA</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">233</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">235</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(43)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone Pipeline throughput (Mbbl&#47;d)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">616</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">613</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S. Gulf Coast segment of Keystone Pipeline System throughput (Mbbl&#47;d)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">709</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">726</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketlink throughput (Mbbl&#47;d)</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">537</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">549</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone SOF (%)</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">95</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">98</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Capital Program</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Keystone Pipeline System revenues increased during the three months ended March 31, 2026 compared to the same period of 2025, primarily driven by higher Keystone Pipeline variable rates, increased demand for heavy crude oil to move towards the U.S. Gulf Coast, and a stronger Canadian dollar in the first quarter of 2026 compared to the 2025 period. These increases were partially offset by lower throughput on the Marketlink pipeline. The Company additionally recognized $18 million of revenue related to historical variable toll adjustments during the three months ended March 31, 2026. </font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income before income taxes increased during the three months ended March 31, 2026 from the prior year primarily due to higher revenue discussed above and higher interest income generated on its final approved tolls.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Normalized EBITDA for the three months ended March 31, 2026 was relatively consistent with the same 2025 period.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total capital expenditures invested for the Keystone Pipeline System segment decreased for the three months ended March 31, 2026 when compared to the 2025 period. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Outlook and Guidance</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for details on South Bow's outlook for capital expenditures for 2026.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Keystone Pipeline System SOF in the three months ended March 31, 2026 was 95 per cent, slightly lower from the comparative period in 2025 primarily due to an increase in scheduled maintenance activities.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Marketing</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.740%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="9" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, </font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">68</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(40)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Loss) income before income taxes</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(22)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(344)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized EBITDA</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(44)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenue for the Marketing segment decreased during the three months ended March 31, 2026 compared to the same period of 2025. The decrease was attributable to a larger unrealized loss position at March 31, 2026, realized losses on risk management contracts in 2026 compared to realized gains in the comparative period, and reduced physical volumes sold.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The decrease in the Marketing segment's income before income taxes during the three months ended March 31, 2026, compared to the same period of 2025, was primarily driven by the lower revenues discussed above, partially offset by lower costs associated with commodity purchases and marketing activities.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     6</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Normalized EBITDA for the Marketing segment for the three months ended March 31, 2026 decreased by $7 million compared to 2025, driven by realized losses on risk management contracts compared to realized gains in the 2025 period, and reduced volumes purchased and sold during the first quarter of 2026.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Intra-Alberta &#38; Other</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:57.382%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.740%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="9" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, </font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Change</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">6</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from equity investments</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">10</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(84)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(83)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loss before income taxes</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(75)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(70)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized EBITDA</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">15</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57&#160;</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(93)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Capital Program</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Intra-Alberta &#38; Other segment&#8217;s loss before income taxes increased to $75 million during the three months ended March 31, 2026, primarily due to initial business development activities related to the proposed Prairie Connector project. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Recent Developments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details. Normalized EBITDA remained consistent between the 2026 and 2025 periods.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the three months ended March 31, 2025, South Bow invested $47 million into the Blackrod Connection Project which was placed into commercial service on March 1, 2026. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Outlook and Guidance</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for information on the Company's 2026 outlook and for additional details of the Blackrod Connection Project.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_13"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Recent Developments</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Prairie Connector</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the first quarter of 2026, South Bow executed an open season to solicit commitments for long-term firm transportation service from Hardisty, Alberta to multiple U.S. delivery points, including Cushing, Oklahoma, and destinations on the U.S. Gulf Coast. Bids for the open season closed on March 30, 2026 and a 60-day period is underway to determine whether sufficient commercial support exists to advance the proposed Prairie Connector project. At the end of this evaluation period, South Bow will provide the results of the open season and, if advanced, indicate the project's potential next steps.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Withdrawal of Keystone Variable Toll Disputes</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Effective September 30, 2025, the Company and associated parties agreed to withdraw all complaints and protests associated with the variable toll disputes previously filed with the CER, FERC, Court of King's Bench of Alberta, and D.C. Circuit Court (collectively, the &#34;Withdrawal of Keystone Variable Toll Disputes&#34;). Pursuant to an associated partial release of indemnification agreement and the Separation Agreement, Former Parent was obligated to indemnify South Bow for certain amounts agreed to under the Withdrawal of Keystone Variable Toll Disputes.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At March 31, 2026, the Company had gross liabilities of $127 million, with $92 million of partially offsetting receivables representing indemnification payments from its Former Parent relating to the Withdrawal of Variable Toll Disputes. The gross liabilities include amounts subject to indemnification under the partial release of the indemnification agreement with the Former Parent, as well as additional liabilities that are not subject to indemnification terms, to be paid over the next five years.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CER Ruling</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the fourth quarter of 2025, the CER approved the Company's application for collection of the final adjusted variable tolls for the 2020 to 2024 period. As a result of the approval of the final tolls, South Bow is no longer subject to interim tolling and, as of March 31, 2026, has collected the final adjusted variable tolls for the 2020 to 2024 period from its Keystone Canada customers. During the three months ended March 31, 2026, the Company recorded $1 million of interest income relating to the final tolls.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     7</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Milepost 171 Incident</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 8, 2025, the Company responded to an oil release of approximately 3,500 barrels at MP-171, near Fort Ransom, North Dakota. On April 11, 2025, the Pipeline and Hazardous Materials Safety Administration (&#34;PHMSA&#34;) issued a Corrective Action Order (&#34;CAO&#34;), requiring South Bow to undertake certain corrective actions in response to the MP-171 incident, including the completion of an independent third-party root cause analysis (&#34;RCA&#34;) along with mechanical and metallurgical testing. On April 15, 2025, South Bow safely restarted the Keystone Pipeline under certain operating pressure restrictions after receiving regulatory approval from PHMSA. In early June 2025, South Bow completed the cleanup and reclamation of the incident site.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Findings and recommendations from the independent third-party RCA were released by PHMSA on February 11, 2026 and have been incorporated into South Bow's remedial work plan. The Company continues to advance remedial actions, completing 11 in-line inspection runs and 76 integrity digs as of May 7, 2026. The Company continues to be able to meet all contractual transportation services while operating under the CAO.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Milepost 14 Incident</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2022, the MP-14 incident occurred on the Keystone Pipeline in Washington County, Kansas. As a result of the incident, the Company was subject to an Amended Corrective Action Order (&#34;ACAO&#34;) issued by PHMSA. By June 2023, the recovery of all released volumes was completed, and by October 2023, creek restoration was finished, returning natural flows to Mill Creek. In January 2025, the Company received PHMSA's approval of its remedial work plan. This approval culminated the completion of 2,145 miles of in-line inspections across the Keystone Pipeline System and 68 investigative digs over a two-year period. In March 2025, South Bow received approval from PHMSA to lift the pressure restriction on the affected segment to 72 per cent of the specified minimum yield strength of the pipeline.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The remaining balance reflected in accounts payable and other and other long-term liabilities on the consolidated balance sheets was $3 million and $7 million, respectively, at March&#160;31, 2026 (December&#160;31, 2025 &#8211; $3 million and $7 million, respectively).</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_16"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Outlook and Guidance</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Market Outlook</font></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Recent geopolitical events have caused significant market volatility, underscoring the importance of a secure and reliable energy supply. While commodity prices have strengthened in response to the geopolitical events, the pricing differentials that drive contributions from uncommitted capacity on South Bow's Keystone Pipeline have not materially changed.</font></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow continues to expect that Western Canadian Sedimentary Basin (&#34;WCSB&#34;) crude oil supply will grow modestly throughout 2026 and remain below total pipeline egress capacity.</font></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Physical crude oil market constraints resulting from recent geopolitical events have led to stronger demand for capacity on the U.S. Gulf Coast segment of South Bow's Keystone Pipeline System.</font></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">2026 Guidance</font></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's annual guidance aims to inform readers about Management's expectations for 2026 financial and operational results. Readers are cautioned that these estimates may not be suitable for any other purpose. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Forward-Looking Information</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional information regarding the material factors or assumptions used to develop South Bow's guidance and the material factors that could cause actual events and results to be significantly different from those expected.</font></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow is reaffirming its annual 2026 guidance, with the Company's financial outlook underpinned by highly contracted cash flows and strong structural demand for services. Normalized EBITDA is projected to be approximately $1.03 billion, within a range of two per cent, with approximately 90 per cent secured through committed arrangements, which carry minimal commodity price or volumetric risk.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     8</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Normalized EBITDA for the second quarter of 2026 is expected to be slightly higher than first-quarter 2026 normalized EBITDA of $257 million, primarily due to expected elevated demand on the Company's U.S. Gulf Coast segment of its Keystone Pipeline System.</font></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow will update its outlook for growth capital expenditures once it sanctions its next development project. The Company continues to expect its net debt-to-normalized EBITDA ratio to decrease modestly through 2026.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's 2026 annual guidance is outlined below&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:80.596%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:17.204%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">$ millions, except percentages</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026 Guidance</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized EBITDA</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,030 +&#47;- 2%</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Financial charges</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">315 +&#47;- 2%</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effective tax rate (%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">22% - 23%</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Distributable cash flow</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">655 +&#47;- 2%</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Growth</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 3, 4</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">10</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maintenance</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 3, 5</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">25 +&#47;- 10</font></div></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Assumes average foreign exchange rate of C$&#47;U.S.$1.39.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Comprised of interest expense and interest income and other.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Supplementary financial measure. See the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Specified Financial Measures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">South Bow will update its outlook for growth capital expenditures once it sanctions its next development project.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Maintenance capital expenditures are generally recoverable through South Bow's tolling arrangements.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_19"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Liquidity, Capital Resources, and Share Capital</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_22"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Liquidity</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the Company's sources and uses of cash for the periods ended March&#160;31, 2026 and 2025&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.905%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.973%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash from (Used in)&#58;</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating activities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">186</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investing activities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(26)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Financing activities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(97)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 5.5pt;text-align:left;text-indent:-4.5pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of foreign exchange rate changes on cash and cash equivalents</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(13)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Increase in Cash and Cash Equivalents</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">50</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At March&#160;31, 2026, cash and cash equivalents were $599 million (March&#160;31, 2025 - $390 million).</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operating Activities</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash from operating activities is primarily impacted by changes in operations, fluctuations in demand for uncommitted capacity, commodity prices, changes in cost environment, and timing of cash receipts and payments made. The increase in cash from operating activities for the three months ended March 31, 2026 compared to the same period in 2025 was primarily attributable to a smaller increase in operating working capital, which offset the impact of lower net income.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Investing Activities</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash used in investing activities is primarily related to maintenance and growth capital expenditures. Cash used in investing activities during the three months ended March 31, 2026 was attributable to the Company's cash capital expenditures of $27 million, compared to cash capital expenditures of $32 million in the comparative period of 2025.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     9</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Financing Activities</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash used in financing activities primarily relates to dividends paid and share capital transactions. During the three months ended March 31, 2026 the Company allocated $104 million for dividends, partially offset by $7 million in cash received from option exercises compared to $4 million in in cash received from option exercises in the 2025 comparative period.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_28"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Long-term Debt, including Credit Facilities</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Long-term Debt</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow completed its initial debt offerings on August&#160;28, 2024, comprised of U.S. and Canadian dollar-denominated Senior Notes and U.S. dollar-denominated Junior Notes. Interest rates are fixed on the Senior Notes and Junior Notes, subject to reset at regular intervals for the Junior Notes, and interest is paid semi-annually.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below summarizes the Senior Notes and Junior Notes issued and outstanding as at March&#160;31, 2026&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.691%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.793%"></td><td style="width:0.1%"></td></tr><tr><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></td><td colspan="18" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Principal Repayments</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Debt Instrument</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2027</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2028</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2029</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2030</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">After 2030</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Senior Unsecured Notes</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">U.S. Dollar-denominated Debt</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due September 2027 ($700 million, 4.91%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">700</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">700&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due October 2029 ($1,000 million, 5.03%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,000</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due October 2034 ($1,250 million, 5.58%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,250</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,250&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due October 2054 ($700 million, 6.18%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">700</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">700&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">3,650</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">700&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,950&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Canadian Dollar-denominated Debt</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due February 2030 (C$450 million, 4.32%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">322</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">322&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due February 2032 (C$500 million, 4.62%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">358</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">358&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due February 2035 (C$500 million, 4.93%)</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">358</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">358&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,038</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">322&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">716&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Less&#58; Unamortized Debt Issue Costs</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(23)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Senior Unsecured Notes</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,665</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">700&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,000&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">322&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,666&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Junior Subordinated Notes</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">U.S. Dollar-denominated Debt</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due March 2055 ($450 million, 7.63%) </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">450</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">450&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due March 2055 ($650 million, 7.50%) </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">3</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">650</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">650&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Junior Subordinated Notes</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Less&#58; Unamortized Debt Issue Costs</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(14)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Junior Subordinated Notes</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,086</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Long-term Debt</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,751</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">700</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,000</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">322</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">3,766</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Represents principal amount to be repaid on maturity.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Subject to first rate reset on March 1, 2030 and every fifth year after 2030.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Subject to first rate reset on March 1, 2035 and every fifth year after 2035.</font></div><div style="text-align:justify;text-indent:7.2pt"><font><br></font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     10</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Credit Facilities</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At March&#160;31, 2026, $1.4 billion (C$2.0 billion) was available and nil was drawn on the Company's four-year, senior unsecured revolving credit facility (the &#34;Facility&#34;), which matures on October 1, 2029. The Company is required to maintain approximately $358 million (C$500 million) of availability under the Facility for financial resource commitments under the Canadian Energy Regulator Act.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow is subject to certain financial covenants on its Facility and was in compliance with its covenants as at March&#160;31, 2026.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Interest Expense</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest on Senior Notes</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">61</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest on Junior Notes</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">20</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization and other financial charges</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capitalized interest</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Includes amortization of debt issuance, premium, and discount costs associated with the Senior Notes and Junior Notes. Other financial charges include bank service charges and carrying charges.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest expense was relatively unchanged during the three months ended March 31, 2026, relative to the comparative period in 2025 due to no changes in debt levels, aside from the impact of foreign exchange movements.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Interest Income and Other</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, </font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest income</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">10</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange gain (loss)</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">11</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td></tr></table></div><div style="margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Interest income and other increased during the three months ended March 31, 2026, relative to the comparative period in 2025 due to interest income generated on the Company&#8217;s variable tolls and interest income earned on the Company's sales-type lease arrangement.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_25"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Capital Management</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">599</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">549</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Senior Notes</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,665</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,682</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Junior Notes</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,086</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,086</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net debt</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,738</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,806</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Debt-to-normalized EBITDA Ratio</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4.7</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.7</font></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">For purposes of calculating the Net Debt-to-Normalized EBITDA Ratio, normalized EBITDA is calculated using the trailing four quarters of normalized EBITDA from the applicable period end.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A significant portion of South Bow's revenues are from long-term committed contracts. The Company has no material restrictions on its cash and cash equivalents and has no amounts drawn on its credit facility, with its nearest long-term debt maturity in 2027. South Bow is positioned to meet its operating obligations, including quarterly dividend payments, if, as, and when declared by the Board, by utilizing its cash flow from operating activities and available borrowing capacity if, and as, required.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Maintaining a strong balance sheet and financial flexibility is fundamental to South Bow's strategy. At March 31, 2026, the Company's net debt-to-normalized EBITDA ratio was 4.7 times. The Company is committed to prudently managing leverage and expects to enhance its financial resilience, reduce debt service charges, and create additional capacity to fund future growth initiatives and potentially grow shareholder returns.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_31"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Share Capital</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is authorized to issue an unlimited number of common shares and a number of first and second preferred shares, up to 20 per cent of the number of issued common shares outstanding. As at the date of this MD&#38;A, no first or second preferred shares have been issued.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes South Bow's share capital at March 31, 2026&#58;</font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Common Shares </font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Common Shares </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">($)</font></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31, 2024</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208,041,109</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,196&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Issued on exercise of stock options</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">209,403</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31, 2025</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">208,250,512</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,201&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Issued on exercise of stock options</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">334,115</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">7</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at March&#160;31, 2026</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">208,584,627</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2,208</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of the date of this MD&#38;A, the Company has 208,584,627 common shares outstanding and 237,732 stock options outstanding. All outstanding stock options are fully vested and exercisable for one common share.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_34"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Dividends</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Dividends become payable, if, as, and when declared by the Board. Dividends are declared at the discretion of the Board and subject to various factors, including but not limited to, the Company's distributable cash flow and overall financial performance.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 5, 2026, the Board approved a quarterly dividend of $0.50 per share, which was paid on April 15, 2026 to shareholders of record at the close of business on March 31, 2026.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 7, 2026, the Board approved a quarterly dividend of $0.50 per share, payable on July 15, 2026 to shareholders of record at the close of business on June 30, 2026. The dividends will be designated as eligible dividends for Canadian income tax purposes.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_37"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Capital Program</font></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Growth capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maintenance capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1, 2</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separation capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.35pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Capital Expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">8</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64&#160;</font></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.35pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Change in non-cash capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline"> </font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">19</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Capital Expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline"> </font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">27</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Supplementary financial measure to assist the reader in understanding the Company's capital investments and capital allocation decisions. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Supplementary Financial Measures </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">section of this MD&#38;A for additional details.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Maintenance capital expenditures are generally recoverable through South Bow's tolling arrangements.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total capital expenditures were $8 million for the three months ended March 31, 2026 compared to $64 million in the respective 2025 period.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     12</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company invested $5 million in growth capital expenditures relating to the Blackrod Connection Project which was placed into commercial service on March 1, 2026, compared to $47 million invested in the project in the 2025 period. Maintenance capital expenditures included investments made to support the Company's operations as well as spending for key infrastructure used by the Company. Higher maintenance capital spend in the comparative 2025 period was primarily attributable to one-time capital investments to support the Spinoff, including information systems and leasehold improvements.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Separation capital expenditures during the three months ended March 31, 2025 related to one-time capital investments to support the Spinoff transition, including information system infrastructure.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Blackrod Connection Project</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Supported by long-term committed contracts, South Bow's first major growth initiative, the Blackrod Connection Project, consists of a 25-km (16-mi) crude oil pipeline and a 25-km (16-mi) natural gas lateral, as well as associated facilities, providing crude oil transportation from International Petroleum Corporation's Blackrod Project to South Bow's Grand Rapids Pipeline in intra-Alberta.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The project was designated commercially in-service on March 1, 2026. The project was completed on time and on budget, with zero safety incidents. Associated cash flows from the project are expected to increase throughout the second half of 2026 and into 2027.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_40"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Contractual Obligations and Off-balance Sheet Arrangements</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Contractual Obligations</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's contractual obligations include operating leases, purchase obligations, and other liabilities incurred within the business.</font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:20.775%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.763%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.847%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2027</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2028</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2029</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2030</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">After 2030</font></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating commitments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">128</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transportation by other parties</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 3</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">21</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">150</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Includes commitments for in-line inspection runs and power.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Contractual obligations are based on volumes contracted through capacity arrangements and exclude any variable charges that may be incurred when volumes flow.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Capital expenditures relate to the remaining Blackrod Connection Project expenditures, in addition to other capital commitments by the Company. Amounts are estimates and subject to variability based on timing of construction and project requirements. Expenditures include obligations for growth projects and are presented based on projects proceeding as currently planned. Any changes to projects, including timing or possible cancellation, could change these estimates.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Guarantees</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has guaranteed the Senior Notes and Junior Notes issued by certain subsidiaries. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Parental Guarantees of Debt </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">section of this MD&#38;A for additional details.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow and its partners in certain jointly-owned entities have guaranteed the financial performance of these jointly-owned entities to a maximum term to 2043. At March&#160;31, 2026, the Company's share of maximum potential exposure under the guarantees is C$56&#160;million (December&#160;31, 2025 - C$56&#160;million). Under these guarantees, if the Company makes a payment that exceeds its share of ownership interest, the additional amount must be reimbursed by the partners of such jointly-owned entities.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Off-balance Sheet Arrangements</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Except for the guarantees discussed above, as at March&#160;31, 2026, South Bow does not have any off-balance sheet arrangements that have, or are reasonably likely to have, a current or future effect on the Company's financial performance or financial condition.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     13</font></div></div></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_43"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Specified Financial Measures</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Non-GAAP Financial Measures</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Throughout this MD&#38;A, South Bow references certain non-GAAP financial measures and non-GAAP ratios which do not have any standardized meaning as prescribed by GAAP and therefore may not be comparable to similar measures presented by other entities. These non-GAAP financial measures and non-GAAP ratios include adjustments to the composition of the most directly comparable GAAP measures. Management considers these non-GAAP financial measures and non-GAAP ratios to be important in evaluating and understanding the operating performance and liquidity of South Bow. These non-GAAP financial measures should not be considered in isolation or as a substitute for financial information or measures of performance presented in accordance with GAAP.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's non-GAAP financial measures presented in this MD&#38;A include normalized EBITDA, segment normalized EBITDA, normalized net income, distributable cash flow, and net debt. Non-GAAP ratios include normalized net income per share and net debt-to-normalized EBITDA. These non-GAAP financial measures and non-GAAP ratios are further described with a reconciliation to their most directly comparable GAAP measure below.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Normalizing Items</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Normalized measures are (or include) non-GAAP financial measures and include normalized EBITDA, segment normalized EBITDA, normalized net income, normalized net income per share, distributable cash flow, and net debt-to-normalized EBITDA. Management uses these normalized measures as a way to assess the financial performance of South Bow's operations and compare period over period results. During certain reporting periods, the Company may incur costs which are not indicative of core operations or results. These normalized measures represent income (loss) adjusted for specific normalizing items that are believed to be significant&#59; however, are not reflective of South Bow's underlying operations in the period.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These specific normalizing items include gains or losses on sales of assets or assets held for sale, unrealized fair value adjustments related to risk management activities, tariff charges, separation, acquisition, integration, and restructuring costs, and other charges, including but not limited to, impairment, contractual costs, costs associated with preliminary business development activities (referred to as &#8220;Business Development projects&#8221;), and settlements.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow excludes the unrealized fair value adjustments related to risk management activities as these represent the changes in the fair value of derivatives, but do not accurately reflect the gains and losses that will be realized at settlement and impact income. Therefore, the Company does not consider these items reflective of its underlying operations, despite providing effective economic hedges. Realized gains and losses on grade financial contracts are adjusted to improve comparability as they settle in a subsequent period to the underlying transaction they are hedged against.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow excludes tariff charges as they are not reflective of ongoing business conducted by the Company and are subject to uncertainty.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Separation costs relate to internal costs and external fees incurred specific to the Spinoff. These items have been excluded from normalized measures as Management does not consider them reflective of ongoing operations and they are non-recurring in nature.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Business Development projects represent initial expenditures incurred by the Company for the exploration of future growth projects. These costs have been excluded from normalized measures as Management does not consider them reflective of ongoing operations conducted by the Company.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     14</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Normalized EBITDA and Segment Normalized EBITDA</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Normalized EBITDA is a measure indicative of earnings from ongoing operations. Management uses this measure to monitor and evaluate the financial performance of the Company's operations and to identify and evaluate trends. This measure is useful for investors as Management believes it allows for a more accurate comparison of financial performance of the Company across periods for ongoing operations. Normalized EBITDA represents income (loss) before income taxes adjusted for the normalizing items including gains or losses on sales of assets or assets held for sale, unrealized fair value adjustments related to risk management activities, tariff charges, separation, acquisition, integration, and restructuring costs, and other charges, including but not limited to, impairment, contractual costs, costs associated with preliminary business development activities, and settlements, in addition to excluding charges for depreciation and amortization, interest expense, interest income and other, and other income.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Normalized EBITDA guidance is a forward-looking non-GAAP financial measure. South Bow does not provide a reconciliation of such forward-looking measure to the most directly comparable financial measure calculated and presented in accordance with GAAP due to unknown variables and the uncertainty related to future results. These unknown variables may be inherently difficult to determine without unreasonable efforts. Guidance for normalized EBITDA is calculated in the same manner as described above for historical normalized EBITDA, as applicable.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table reconciles income (loss) before income taxes to normalized EBITDA for the three months ended March 31, 2026 and 2025&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:47.114%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:18.840%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="9" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2025</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31, 2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">March 31, 2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income before income taxes</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">153&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted for specific items&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">58&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">64</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">83&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest income and other</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(18)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(11)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk management instruments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(11)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">32</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone variable toll disputes</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 3</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(18)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separation costs</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 4</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Business development projects</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline"> 5</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tariff charges</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 6</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone XL costs and other</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 7</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(19)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Normalized EBITDA</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">252&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">257</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">266&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Per the consolidated statements of income.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Unrealized (gains) losses on risk management instruments incurred by the Marketing segment.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Adjustments recorded to revenue in the consolidated statements of income related to historical variable toll disputes. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Recent Developments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Expenses recorded within plant operating costs and other in the consolidated statements of income in relation to non-recurring separation-related activities incurred to establish South Bow as an independent company.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Expenses recorded within plant operating costs and other in the consolidated statements of income relating to preliminary stages of potential growth projects.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Tariff charges incurred on the Company's Marketing activities recorded within plant operating costs and other in the consolidated statements of income.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Adjustments and charges recorded in other expenses in the consolidated statements of income relating to Keystone XL termination activities.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     15</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following tables reconcile income (loss) before income tax to normalized EBITDA by operating segment for the three months ended March 31, 2026 and 2025&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.185%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.185%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.185%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.188%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="12" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, 2026</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Keystone Pipeline System</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Marketing</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Intra-Alberta &#38; Other</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income (loss) before income taxes</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">197</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(22)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(75)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted for specific items&#58;</font></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:6pt;margin-top:6pt"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">60</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">64</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">84</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest income and other</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(6)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(4)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(11)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk management instruments</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">32</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">32</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone variable toll disputes</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(18)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(18)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separation costs</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Business Development projects</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tariff charges</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone XL costs and other</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Segment Normalized EBITDA</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">233</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">15</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">257</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.757%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.185%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.185%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.185%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:13.188%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="12" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, 2025</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Keystone Pipeline System</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Marketing</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Intra-Alberta &#38; Other</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income (loss) before income taxes</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">175&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">9&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(70)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">114&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted for specific items&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">59&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">62&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">83&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">83&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest income and other</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(2)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(6)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk management instruments</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">6&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone variable toll disputes</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separation costs</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Business Development projects</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tariff charges</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">1&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone XL costs and other</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">3&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Segment Normalized EBITDA</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">235&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">16&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">15&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">266&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     16</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Normalized Net Income and Normalized Net Income per Share</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Normalized net income represents net income adjusted for the normalizing items described above and is used by Management to assess the earnings that it believes are representative of South Bow's operations. By adjusting for non-recurring items and other factors that do not reflect the Company's ongoing performance, the Company believes that normalized net income provides a clearer picture of its continuing operations. These specific normalizing items include gains or losses on sales of assets or assets held for sale, unrealized fair value adjustments related to risk management activities, tariff charges, separation, acquisition, integration, and restructuring costs, and other charges, including but not limited to, impairment, contractual costs, costs associated with preliminary business development activities, and settlements. This measure is particularly useful for investors as it allows for a more accurate comparison of financial performance and trends across different periods. On a per-share basis, normalized net income is derived by dividing the normalized net income by the weighted average common shares outstanding at the end of the period. Management believe this per-share measure is valuable for investors as it provides insight into the Company's profitability on a per-share basis, making it easier to evaluate the Company's performance.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table reconciles net income to normalized net income for the three months ended March 31, 2026 and 2025&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:66.310%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.568%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except share and per share amounts</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">77</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted for specific items&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk management instruments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">32</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone variable toll disputes</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(19)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separation costs</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 3</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Business Development projects</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 4</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tariff charges</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 5</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone XL costs and other</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 6</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tax effect of above adjustments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 7</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(4)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Normalized Net Income</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">92</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average common shares outstanding - diluted (millions)</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">208.5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208.7&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Normalized Net Income per Share - Diluted</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.44</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.47</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Unrealized (gains) losses on risk management instruments incurred by the Marketing segment. Recorded within revenue in the consolidated statements of income.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Adjustments recorded to revenue and interest income and other in the consolidated statements of income related to historical variable toll disputes and the Withdrawal of Keystone Variable Toll Disputes. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Recent Developments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Expenses recorded within plant operating costs and other as adjusted in normalized EBITDA, in addition to interest expense and interest income and other, and other income in the consolidated statements of income. Amounts relate to non-recurring separation-related costs incurred to establish South Bow as an independent company.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Expenses incurred within plant operating costs and other relating to preliminary stages of potential growth projects.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Tariff charges incurred on the Company's Marketing business activities recorded within plant operating costs and other in the consolidated statements of income.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Adjustments and charges recorded in other expenses in the consolidated statements of income relating to Keystone XL termination activities and other non-recurring charges.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Tax effect of the adjustments added to, and deducted from, net income.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Distributable Cash Flow</font></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Distributable cash flow is used to assess the cash generated through business operations that can be used for South Bow's capital allocation decisions, helping investors understand the Company's cash-generating capabilities and its potential for returning value to shareholders. Distributable cash flow is based on income (loss) before income taxes, adjusted for depreciation and amortization, the normalizing items discussed above, and further adjusted for specific items, including income and distributions from the Company's equity investments, maintenance capital expenditures, which are capitalized and generally recoverable through South Bow's tolling arrangements, and current income taxes.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     17</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:8pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Distributable cash flow guidance is a forward-looking non-GAAP financial measure. South Bow does not provide a reconciliation of such forward-looking measure to the most directly comparable financial measure calculated and presented in accordance with GAAP due to unknown variables and the uncertainty related to future results. These unknown variables may be inherently difficult to determine without unreasonable efforts.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:112%">In the second quarter of 2025, South Bow modified the definition of distributable cash flow to no longer adjust income (loss) before income taxes for interest income and other. Management believes that this modified definition of distributable cash flow more accurately reflects the amount of cash generated through business operations that can be used for South Bow's capital allocation decisions. Comparative measures have been restated to reflect these changes.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table reconciles income before income taxes to distributable cash flow for the three months ended March 31, 2026 and 2025&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></div></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income before income taxes</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">100</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted for specific items&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">64</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from equity investments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(13)</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Distributions from equity investments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">18</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maintenance capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 3</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(4)</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current income tax expense</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(12)</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(22)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalizing items, net of tax</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 4</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">15</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Distributable Cash Flow</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">168</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Per the consolidated statements of income.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Per the consolidated statements of cash flows.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Maintenance capital expenditures are generally recoverable from customers through South Bow's tolling arrangements and are capitalized for GAAP purposes. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Capital Program</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details on maintenance capital expenditures.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Refers to the adjustments made to normalized net income, net of tax, and include other income, risk management instruments, Keystone variable toll disputes, separation costs, Business Development projects, tariff charges, and Keystone XL costs and other.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Net Debt and Net Debt-to-normalized EBITDA Ratio</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net debt is used as a key leverage measure to assess and monitor South Bow's financing structure. It provides an overview of the Company's long-term debt obligations, net of cash and cash equivalents. This measure is useful for investors as South Bow believes it offers insights into the Company's financial health and its ability to manage and service its debt obligations. Net debt is defined as the sum of total long-term debt and 50 per cent equity treatment of Junior Notes, operating lease liabilities, and dividends payable, less cash and cash equivalents.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net debt-to-normalized EBITDA ratio is used to monitor the Company's leverage position relative to its normalized EBITDA for the trailing four quarters. This ratio provides investors with insight into the Company's ability to service its long-term debt obligations relative to its operational performance. A lower ratio indicates stronger financial health and greater capacity to meet its debt obligations.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     18</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table reconciles total long-term debt to net debt at March&#160;31, 2026, December&#160;31, 2025, and March 31, 2025&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:51.132%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.35pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;border-top:0.35pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.35pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.35pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">March 31</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.35pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Senior Notes</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,665</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,682&#160;</font></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,632&#160;</font></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Junior Notes</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,086</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,086&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,087&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total long-term debt</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,751</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,768&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,719&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted for&#58;</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Hybrid treatment for Junior Notes</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(543)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(543)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(544)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating lease liabilities</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 3</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">25</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends payable</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">104</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(599)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(549)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(390)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.35pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Debt</font></div></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,738</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,806&#160;</font></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,910&#160;</font></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.35pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized EBITDA for trailing four quarters</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 4</font></div></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,013</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,022&#160;</font></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.35pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,059&#160;</font></td><td style="border-top:0.35pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Debt-to-normalized EBITDA Ratio</font></div></td><td colspan="3" style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4.7</font></div></td><td colspan="3" style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.7</font></td><td colspan="3" style="border-bottom:0.35pt solid #000;border-top:0.35pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.6</font></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Per the consolidated balance sheets.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">The Company's Junior Notes receive 50 per cent equity treatment from credit rating agencies. This treatment is captured in the Company's net debt calculation above.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Represents the current and long-term operating lease liabilities recorded on the consolidated balance sheets. Current operating lease liabilities are recorded within accounts payable and other and long-term lease liabilities are recorded in other long-term lease liabilities.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Calculated as the normalized EBITDA for the trailing four quarters from the applicable period end.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Supplementary Financial Measures</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow uses certain supplementary financial measures that are not defined under U.S. GAAP but are commonly used in the energy infrastructure industry to evaluate capital allocation and operational performance. These measures include growth capital expenditures, maintenance capital expenditures, separation capital expenditures, and total capital expenditures.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Growth capital expenditures represent capital investments attributable to new projects or expansions that are intended to enhance the Company's capacity or service offerings. Maintenance capital expenditures refer to routine capital investments required to sustain the Company's existing operations and asset base and are generally recoverable through South Bow's tolling arrangements. Separation capital expenditures represent non-recurring capital investments incurred in connection with the Spinoff and are not expected to be recovered through the Company's tolling arrangements. Total capital expenditures represents the sum of the Company's growth capital expenditures, maintenance capital expenditures, and separation capital expenditures.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_46"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Accounting Matters</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_49"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Disclosure Controls and Procedures</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management is responsible for establishing and maintaining adequate disclosure controls and procedures (&#34;DC&#38;P&#34;), which are designed to provide reasonable assurance that the material information relating to the Company is made known to the Chief Executive Officer (&#34;CEO&#34;) and Chief Financial Officer (&#34;CFO&#34;) by others, particularly during the period in which annual and interim filings are prepared, and that information required to be disclosed by the Company in its annual, interim filings, or other reports filed or submitted by the Company under Canadian and U.S. securities laws is recorded, processed, summarized, and reported within the time periods specified under those laws and the related rules.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     19</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's Management, including the CEO and CFO, concluded, as a result of the general information technology (&#34;IT&#34;) control deficiencies described below, that the Company's DC&#38;P (as defined in Rules 13a-15(e) and 15d-15(e) under the U.S. Securities Exchange Act of 1934, as amended (the &#34;Exchange Act&#34;)), were not effective as at March 31, 2026, to ensure that information required to be disclosed by the Company in reports that are filed or submitted to Canadian and U.S. securities authorities is recorded, processed, summarized, and reported within the time periods specified in applicable Canadian and U.S. securities laws.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Management's Report on Internal Control over Financial Reporting</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's Management is also responsible for establishing and maintaining adequate internal control over financial reporting (&#34;ICFR&#34;) as defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act. South Bow's financial reporting process and associated internal controls, including operational controls and procedures for non-financial disclosures, were all designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the Company's accompanying financial statements for external reporting in accordance with GAAP. This design included certain compensating controls and procedures. As previously disclosed, in connection with the audit of the Company&#8217;s annual consolidated financial statements for the year ended December 31, 2025, Management, with the participation of the CEO and CFO, assessed the effectiveness of the Company's ICFR as of December 31, 2025. Management based its assessment on criteria established in Internal Control&#8211;Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (&#34;2013 Framework&#34;). Based on this assessment and the existence of the material weakness described below, Management has concluded that the Company did not maintain effective ICFR.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In April 2025, the Company implemented a new ERP system and ancillary applications across the entire organization in conjunction with the termination of the use of its Former Parent's ERP system under the Transition Services Agreement. As a result, the Company modified a number of internal controls to accommodate related changes to its information systems and business processes. These changes introduced increased complexity and transition risks within the control environment, resulting in control deficiencies related to general IT controls. Management identified a material weakness related to the design and operating effectiveness of certain general IT controls that are relevant to the preparation of the Company's consolidated financial statements. The Company did not (i) maintain certain change management controls to ensure configuration changes affecting certain IT applications were appropriate&#59; (ii) design and maintain certain program development controls to ensure the data migration, program testing, and approval of a new software development is aligned with business and IT requirements&#59; and (iii) maintain user access controls in all instances to ensure segregation of duties in the Company's financial applications. As a result of these control deficiencies, process-level automated controls that are dependent on configuration in the affected IT environment and manual controls that rely on system-generated data or reports from the affected IT environments were ineffective because certain data derived from IT applications could have been adversely impacted.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A material weakness is a deficiency, or a combination of deficiencies, in ICFR, such that there is a reasonable possibility that a material misstatement of the annual or interim consolidated financial statements will not be prevented or detected on a timely basis.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Although Management has performed procedures to gain comfort that the consolidated financial statements are fairly stated in all material respects, the aggregation of these control deficiencies give rise to the possibility that a material misstatement could occur that may not be prevented or detected in a timely manner. Accordingly, these control deficiencies aggregate within the risk assessment, the control activities, and the information and communication components of the 2013 Framework and constitute a material weakness. The material weakness did not result in any identified material misstatements to the accompanying  financial statements, and no adjustments were made to previously issued consolidated financial statements. Management believes the accompanying financial statements for the three months ended March 31, 2026 fairly present, in all material respects, the Company's financial position, results of operations, and cash flows.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     20</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Changes in Internal Control over Financial Reporting</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other than with respect to the material weakness and remediation efforts described herein, there were no other changes in the ICFR (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) that occurred during the three months ended March 31, 2026, that have materially affected, or are reasonably likely to materially affect, the Company's ICFR. Management will continue to periodically evaluate the Company's DC&#38;P and ICFR, and will make any modifications from time to time, as deemed necessary.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company continues to monitor and maintain appropriate internal controls during the post-implementation period following the new ERP system implementation, including performance and modification of controls, verifications, and testing to ensure data integrity and completeness.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Based on their inherent limitations, DC&#38;P and ICFR may not prevent or detect misstatements, and even those controls determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation.</font></div><div><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:112%">Remedial Measures</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's Management, under the oversight of the Audit Committee, has substantially completed the design and implementation of most remedial measures aimed at addressing the control deficiencies that contributed to the previously identified material weakness in ICFR. Most of the remediation activities were addressed during 2025 and the first quarter of 2026, with the remaining remediation activities to be completed in the second quarter of 2026 and designed to ensure that the relevant controls are appropriately designed and implemented.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company engaged third-party advisors to assist Management in the execution of its remediation plan. Remediation actions implemented to date include the following&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">enhancing the Company's risk assessment and control identification procedures for system and application changes&#59;</font></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">strengthening IT general controls related to new system implementations and application change-management&#59; and</font></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">enhancing the training program for IT general controls and related policies, to educate control owners on the principles and requirements of each control and to reinforce expectations for control documentation and evidence of performance, focusing on user access, change management, and segregation of duties over IT systems impacting financial reporting.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">While Management believes that the remediation actions described above address the underlying control deficiencies, the material weakness will not be considered remediated (and cannot be deemed fully remediated) until the controls have operated for a sufficient period of time and Management has concluded, through testing, that such controls are operating effectively. In addition, the effectiveness of these controls is subject to independent evaluation by the Company's external auditor. Management will continue to monitor the effectiveness of the remediation efforts as part of its ongoing evaluation of ICFR. If necessary, Management may implement additional measures or modifications to further strength the control environment.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_52"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Critical Accounting Estimates</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing the consolidated financial statements in accordance with U.S. GAAP, Management is required to make estimates and assumptions that impact the reported amounts of assets, liabilities, revenues, and expenses, as well as the disclosure of contingent assets and liabilities. Critical accounting estimates may significantly impact South Bow's financial position, changes in financial position, and financial performance. There were no critical accounting estimates and judgments during the three months ended March 31, 2026.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_55"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Changes in Accounting Policies</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has not adopted any new accounting standards during the three months ended March 31, 2026. Refer to </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 2, Accounting Policy Changes</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">of the Company's accompanying financial statements for details on new and amended standards issued but not yet adopted by the Company.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     21</font></div></div></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_70"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Select Quarterly Financial &#38; Operational Information</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents select quarterly financial and operational information over the last eight quarters&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:35.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.786%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:6.794%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except per share, ratios, and operational data, and where noted</font></div></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2026</font></td><td colspan="12" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2025</font></td><td colspan="9" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2024</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Q1</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Q4</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Q3</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Q2</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Q1</font></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Q4</font></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Q3</font></td><td colspan="3" style="background-color:#31534d;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Q2</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue</font></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">491</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">503</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">461</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">524</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">498</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">488</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">534</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">554</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from equity investments</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">13</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">14</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">12</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">13</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">13</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">12</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income before income taxes</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">100</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">153</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">104</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">126</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">114</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">72</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">110</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized EBITDA</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">257</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">252</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">254</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">250</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">266</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">290</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">262</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">241</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Distributable cash flow</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2, 3</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">168</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">149</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">236</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">167</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">157</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">155</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">190</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital expenditures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 4</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">27</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">60</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">52</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">34</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">32</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">28</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">77</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">156</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">93</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">96</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">88</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">55</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average common shares outstanding - diluted (millions)</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 5</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">208.5</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">208.8</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">208.8</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">208.8</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">208.7</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">208.4</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">207.6</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">207.6</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income per share - diluted</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 5</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.37</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.75</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.45</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.46</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.42</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.26</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.29</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.42</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized net income</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 2</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">92</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">127</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">99</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">87</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">98</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">112</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalized net income per share - diluted </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2, 5</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.44</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.61</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.47</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.42</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.47</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.54</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.41</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.34</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends declared</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">104</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">104</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">104</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">104</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">104</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">104</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends declared per share</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 5</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.50</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.50</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.50</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.50</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.50</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.50</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total long-term debt</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 6</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,751</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,768</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,751</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,774</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,719</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,716</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,452</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,905</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net debt </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,738</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,806</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,836</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,903</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,910</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,901</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,827</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,578</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net debt-to-normalized EBITDA ratio </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4.7</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4.7</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4.6</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4.6</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4.6</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4.5</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.5</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.0</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operational Information</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-left:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone Pipeline SOF (%)</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 7</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">95</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">94</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">92</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">93</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">98</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">96</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">94</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone Pipeline throughput (Mbbl&#47;d)</font></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">616</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">594</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">584</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">544</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">613</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">621</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">616</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">623</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S. Gulf Coast segment of Keystone Pipeline System throughput</font></div><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Mbbl&#47;d)</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 8</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">709</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">680</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">703</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">760</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">726</font></div></td><td colspan="3" style="border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">784</font></div></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">815</font></td><td colspan="3" style="padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">802</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketlink throughput (Mbbl&#47;d)</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">537</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">531</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">547</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">625</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">549</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-left:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-right:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">615</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">636</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">622</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Figures presented prior to October 1, 2024 are based on the Company's carve-out financial statements prepared prior to the Spinoff and have been presented based on information from the carve-out financial statements. Figures not presented were not included within the carve-out financial statements. Figures prior to the Spinoff were previously disclosed in Canadian dollars.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Non-GAAP financial measure or ratio that does not have a standard meaning under GAAP. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Specified Financial Measures</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Distributable cash flow and net debt are non-GAAP financial measures used by the Company beginning on October 1, 2024 and therefore no figures have been presented for periods prior to October 1, 2024 in the above table.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Capital expenditures within investing activities in the consolidated statements of cash flows of the accompanying financial statements.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">5. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Effective October 1, 2024, the Company completed the Spinoff into an independent, publicly traded entity. Per-share figures for comparative periods have been calculated using the outstanding shares at October 1, 2024.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">6. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Total long-term debt subsequent to October 1, 2024 includes the Company's Senior Notes and Junior Notes per the consolidated balance sheets of the accompanying financial statements. For periods prior to October 1, 2024, the Company had long-term debt to affiliates of its Former Parent.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">7. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">SOF measures South Bow's ability to deliver crude oil at the planned maximum rate of the Keystone Pipeline System.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">8. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Comprises throughput originating in Hardisty, Alberta transported on the Keystone Pipeline System, and throughput originating in Cushing, Oklahoma transported on Marketlink for destination in the U.S. Gulf Coast.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     22</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Fluctuations in quarterly revenues and earnings are and can be impacted by regulatory decisions, timing of newly constructed assets being placed into service, acquisitions and divestitures, demand for uncommitted transportation services, marketing activities and commodity prices, developments outside of the normal course of operations, certain fair value adjustments, and foreign exchange rates. Over the last eight quarters, the Company's results have been impacted primarily by the following&#58;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">Charges as a result of the Withdrawal of the Keystone Variable Toll Disputes with the CER and FERC that were recorded in the third quarter of 2025. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Recent Developments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> section of this MD&#38;A for additional details.</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">Separation expenses related to the planning, execution, and completion of the Spinoff. The associated costs were primarily recorded beginning in 2024.</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">Changes in market demand and opportunity for shipping uncommitted volumes, which can impact revenue recorded between quarters. During the first quarter of 2024, the Company shipped high uncommitted volumes at favourable rates due to high market demand.</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:112%;padding-left:14.25pt">Impacts on throughput volumes and revenues associated with the MP-171 incident, which occurred early in the second quarter of 2025. Refer to the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">Recent Developments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> section of this MD&#38;A for additional details.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">First-quarter 2026 Review</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The first quarter of 2026 was highlighted by the following events&#58;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">Generated revenue of $491 million and income from equity investments of $13 million compared to revenues of $498 million and income from equity investments of $13 million during the first quarter of 2025.</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">Delivered normalized EBITDA of $257 million, compared to $252 million in the fourth quarter of 2025.</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">South Bow declared its quarterly dividend of $0.50 per share on March&#160;5, 2026, paid on April&#160;15, 2026 to shareholders of record on March&#160;31, 2026.</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">Total Keystone Pipeline System throughput was approximately 616,000 bbl&#47;d, an increase of approximately 22,000 bbl&#47;d from the fourth quarter of 2025.</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">Exited the period with net debt of $4.7 billion and a net debt-to-normalized EBITDA ratio of 4.7 times compared to net debt of $4.8 billion and a net debt-to-normalized EBITDA ratio of 4.7 times at December&#160;31, 2025.</font></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_67"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Risk Management</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow is subject to various risks which could have a potential material impact on the Company's financial results and operations. These risks include, but are not limited to, financial risk, operational risk, regulatory risk, market risk, commodity price risk, liquidity risk, foreign exchange risk, and counterparty credit risk.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For details on the risk factors impacting South Bow, refer to the Company's AIF for the year ended December 31, 2025, which is available on South Bow's website at </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.southbow.com</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, under South Bow's SEDAR+ profile at </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.sedarplus.ca</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, and in South Bow's filings with the SEC at </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.sec.gov</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Net Investment Hedge</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A portion of the Company's entities generate all or most of their earnings in Canadian&#160;dollars and, since the Company reports its financial results in U.S. dollars, changes in the value of the Canadian&#160;dollar against the U.S.&#160;dollar can impact its comprehensive income. If the Company's Canadian dollar-denominated&#160;operations continue to grow, this exposure increases.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is exposed to foreign exchange risk in its Canadian dollar functional currency entity which holds U.S dollar-denominated debt. This foreign exchange risk is offset by the designation of its U.S. dollar-denominated Junior Notes as a net investment hedge in foreign operations. The net investment hedge is perfectly effective and any foreign exchange gain or loss, as determined by the respective period-end rate, is reported as cumulative translation adjustment within accumulated other comprehensive income (&#34;AOCI&#34;).</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     23</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Notional amount of U.S. dollar-denominated Junior Notes</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair value of U.S. dollar-denominated Junior Notes</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,140</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,165&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cumulative translation adjustment recognized in AOCI</font></td><td colspan="2" style="border-bottom:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(31)</font></div></td><td style="border-bottom:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td><td style="border-bottom:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:5pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Counterparty Credit Risk</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow&#8217;s exposure to counterparty credit risk includes its cash and cash equivalents, accounts receivable, environmental provision and certain contractual recoveries, available for sale assets, and the fair value of derivative assets.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company had no significant credit losses and no significant amounts impaired at March&#160;31, 2026 and 2025 within normal trade accounts receivable. At March&#160;31, 2026 and 2025, there were no significant credit risk concentrations.</font></div><div style="margin-bottom:5pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Fair Value Hierarchy</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's financial assets and liabilities recorded at fair value have been categorized into three categories based on a fair value hierarchy.</font></div><div style="margin-bottom:5pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:11.251%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:86.549%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Levels</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">How Fair Value Has Been Determined</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Level I</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Quoted prices in active markets for identical assets and liabilities that the Company has the ability to access at the measurement date. An active market is a market in which frequency and volume of transactions provides pricing information on an ongoing basis.</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Level II</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">This category includes commodity derivatives where fair value is determined using the market approach. Inputs include yield curves and broker quotes from external data service providers.</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Level III</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">This category includes long-dated transactions in certain markets where liquidity is low and the Company uses the most observable inputs available or, alternatively, long-term broker quotes or negotiated commodity prices that have been contracted for under similar terms in determining an appropriate estimate of these transactions.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">There is uncertainty caused by using unobservable market data which may not accurately reflect possible future changes in fair value.</font></div></td></tr></table></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair value of the Company's derivative assets and liabilities measured on a recurring basis, including both current and non&#8209;current portions, were categorized as&#160;follows&#58;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:35.209%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.825%"></td><td style="width:0.1%"></td></tr><tr style="height:39pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Quoted Prices in Active Markets <br>(Level I)</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Significant Other Observable Inputs</font></div><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#160;(Level II)</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Significant Unobservable Inputs <br>(Level III)</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">142</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">29</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">171</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument liabilities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(163)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(35)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(198)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">As at March 31, 2026</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(21)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(6)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(27)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument assets</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument liabilities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(28)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">As at December 31, 2025</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">There were no transfers from Level II to Level III for the periods presented.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     24</font></div></div></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_64"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Financial Instruments</font></div><div style="margin-bottom:5pt;margin-top:9pt;text-align:justify"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Non-derivative Financial Instruments</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fair Value of Non-derivative Financial Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Available-for-sale assets are recorded at fair value, which is calculated using quoted market prices where available. Certain non-derivative financial instruments included in cash and cash equivalents, accounts receivable, environmental provision recovery, contractual recoveries, other current assets, other long-term assets, accounts payable and other, and other long-term liabilities, have carrying amounts that approximate their fair value due to the nature of the item or the short time to maturity. Each of these instruments are classified in Level II of the fair value hierarchy.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Credit risk has been taken into consideration when calculating the fair value of non-derivative financial instruments.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance Sheet Presentation of Non-derivative Financial Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table details the fair value of non-derivative financial instruments, excluding those where carrying amounts approximate fair value, and would be classified in Level II of the fair value hierarchy&#58;</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:35.209%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.825%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31, 2026</font></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2025</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying<br>Amount</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying Amount</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair Value</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Senior Notes </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(4,665)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(4,672)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,682)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,745)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Junior Notes </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1,086)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1,140)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,086)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,165)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">The carrying amount of the Senior Notes and Junior Notes include unamortized debt issuance costs of $23 million and $14 million, respectively (December 31, 2025 - $26 million and $14 million, respectively).</font></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-indent:-18pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Available-for-sale Assets Summary</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following tables summarize additional information about the Company's Land Matters Consultation Initiative (&#34;LMCI&#34;) restricted investments that were classified as available&#8209;for&#8209;sale assets&#58;</font></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fair Value of Fixed Income Securities</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1, 2</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maturing within 5 to 10 years</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">11</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maturing after 10 years</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">78</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">89</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Available-for-sale assets are recorded at fair value and included in other long-term assets on the Company's consolidated balance sheets.</font></div><div style="margin-bottom:6pt;padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Classified in Level II of the fair value hierarchy.</font></div><div style="margin-top:9pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net unrealized gains</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> 1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net realized losses </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1, 2</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(2)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Unrealized gains and realized losses arising from changes in the fair value of LMCI restricted investments impact the subsequent amounts to be collected through tolls to cover future pipeline abandonment costs. As a result, the Company records these losses within other long-term assets and liabilities on the consolidated balance sheets.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Realized losses on the sale of LMCI restricted investments are determined using the average cost basis.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     25</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Derivative Instruments</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fair Value of Derivative Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair value of commodity derivatives has been calculated using quoted market prices where available. In the absence of quoted market prices, third-party broker quotes or other valuation techniques have been used. The fair value of options has been calculated using the binomial pricing model. Credit risk has been taken into consideration when calculating the fair value of derivative instruments. Unrealized gains and losses on derivative instruments are not necessarily representative of the amounts that will be realized on settlement.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Even though the derivatives are considered to be effective economic hedges, they do not meet the specific criteria for hedge accounting treatment or are not designated as a hedge, and are accounted for at fair value with changes in fair value recorded in net income in the period of change. This may expose the Company to increased variability in reported earnings because the fair value of the derivative instruments can fluctuate significantly from period to period.</font></div><div style="margin-bottom:5pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance Sheet Presentation of Derivative Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The balance sheet classification of the fair value of held-for-trading, commodity derivative instruments was as follows&#58;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Derivative Assets </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(other current assets)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">171</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Derivative Liabilities</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (accounts payable and other)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(198)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Derivatives</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1, 2</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(27)</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Fair value equals carrying value.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Includes purchases and sales of crude oil.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The majority of derivative instruments held for trading have been entered into for risk management purposes and all are subject to South Bow's risk management strategies, policies, and limits. These include derivatives that have not been designated as hedges or do not qualify for hedge accounting treatment but have been entered into as economic hedges to manage the Company's exposures to market risk.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Notional and Maturity Summary</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The maturity and notional amount or quantity outstanding related to the Company's liquids commodity derivative instruments was as follows&#58;</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross sales volumes (millions of barrels)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(34)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(33)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross purchases volumes (millions of barrels)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">27</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net Purchases Volumes (millions of barrels)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(7)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maturity dates (year)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2026</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2026</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Unrealized and Realized Gains (Losses) on Commodity Derivative Instruments</font></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:center"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Derivative Instruments Held for Trading</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized losses</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(32)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Realized gains </font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gains on Derivatives</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">68</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Realized and unrealized gains (losses) on derivative instruments held for trading used to purchase and sell crude oil are included on a net basis in revenues on the consolidated statements of income.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     26</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Offsetting of Derivative Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow enters into commodity derivative contracts with the right to offset in the normal course of business as well as in the event of default. The Company has no master netting agreements&#59; however, similar contracts are entered into containing rights to offset.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has elected to present the fair value of derivative instruments with the right to offset on a gross basis on the consolidated balance sheets.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following tables show the impact on the presentation of the fair value of derivative instrument assets and liabilities had the Company elected to present these contracts on a net basis&#58;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:51.132%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr style="height:20pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As at March 31, 2026</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Derivative Instruments </font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amounts Available for Offset</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net Amounts</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">171&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(162)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument liabilities</font></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(198)</font></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162&#160;</font></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(36)</font></div></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Amounts available for offset do not include cash collateral pledged or received.</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:51.132%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr style="height:20pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As at December 31, 2025</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Derivative Instruments</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amounts Available for Offset</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net Amounts</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(28)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">6</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument liabilities</font></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</font></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1)</font></div></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1. </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:2.04pt">Amounts available for offset do not include cash collateral pledged or received.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">With respect to the derivative instruments presented above, the Company provided cash collateral of $43 million and letters of credit of $11 million at March&#160;31, 2026 (at December 31, 2025&#160;&#8211; $26 million and $11 million, respectively) to its counterparties. At March&#160;31, 2026, the Company held nil cash collateral and $69 million in letters of credit (at December 31, 2025 &#8211; nil and $70 million, respectively) from counterparties on asset exposures.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Credit Risk-related Contingent Features of Derivative Instruments</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Derivative contracts entered into to manage market risk often contain financial assurance provisions that allow parties to the contracts to manage credit risk. These provisions may require collateral to be provided if a credit risk-related contingent event occurs, such as a downgrade in South Bow's credit rating to non-investment grade. The Company may also need to provide collateral if the fair value of its derivative financial instruments exceeds pre-defined exposure limits. The Company has provided collateral for the derivative instruments with credit risk-related contingent features, recorded within other current assets on the consolidated balance sheets. At March&#160;31, 2026 and December&#160;31, 2025, there were no other derivative instruments that had credit risk-related features for which collateral was not provided.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     27</font></div></div></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_76"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Parental Guarantees of Debt</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 28, 2024, the Company completed its initial debt offering which included U.S. and Canadian dollar-denominated Senior Notes and U.S. dollar-denominated Junior Notes issued by certain subsidiaries of South Bow Corporation. The guarantees are full and unconditional. The issuers and guarantors of the U.S. dollar-denominated Senior Notes and Junior Notes are summarized below&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.608%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:56.192%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Issuer and Guarantors (&#34;Obligor Group&#34;)</font></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Senior Notes</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due September 2027 ($700 million, 4.91%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="4" style="padding:2px 7pt 2px 1pt;text-align:justify;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Issued by South Bow USA Infrastructure Holdings LLC and guaranteed by South Bow Infrastructure Holdings Ltd., South Bow Canadian Infrastructure Holdings Ltd., and South Bow Corporation.</font></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due October 2029 ($1,000 million, 5.03%)</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due October 2034 ($1,250 million, 5.58%)</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due October 2054 ($700 million, 6.18%)</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due February 2030 (C$450 million, 4.32%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="3" style="padding:2px 7pt 2px 1pt;text-align:justify;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Issued by South Bow Canadian Infrastructure Holdings Ltd. and guaranteed by South Bow Infrastructure Holdings Ltd., South Bow USA Infrastructure Holdings LLC, and South Bow Corporation.</font></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due February 2032 (C$500 million, 4.62%)</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due February 2035 (C$500 million, 4.93%)</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Junior Notes</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due March 2055 ($450 million, 7.63%)</font></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="3" style="border-bottom:0.5pt solid #000;padding:2px 7pt 2px 1pt;text-align:justify;vertical-align:middle"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Issued by South Bow Canadian Infrastructure Holdings Ltd. and guaranteed by South Bow Infrastructure Holdings Ltd., South Bow USA Infrastructure Holdings LLC, and South Bow Corporation.</font></td></tr><tr style="height:15pt"><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due March 2055 ($650 million, 7.50%)</font></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="border-bottom:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Senior Notes guarantees rank above all subordinated debts, including the Junior Notes, and are equal in payment priority with other non-subordinated debts. They are subordinated to secured debts to the extent of the value of the securing assets. Additionally, they are structurally subordinated to the debts and liabilities of subsidiaries that do not guarantee the Senior Notes. The indentures governing the Senior Notes limit South Bow's ability to&#58; create liens without equally and ratably securing the notes&#59; and engage in certain sale and leaseback transactions. Such indentures also limit South Bow's ability to consolidate, merge, or transfer all or substantially all its assets.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Junior Notes guarantees are unsecured and rank below all senior debts, including the Senior Notes. They are equal in payment priority with other specified unsecured subordinated debts and are structurally subordinated to the debts of subsidiaries that do not guarantee the Junior Notes. In the event of bankruptcy or insolvency, they rank above common and preferred shares in asset distribution.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The guarantees on the Senior Notes and Junior Notes do not limit the amount of senior indebtedness that South Bow may incur or the amount of other indebtedness or liabilities that South Bow or its subsidiaries may incur, and do not contain any financial or other similar restrictive covenants.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     28</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Summarized Financial Information of the Obligor Group</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In accordance with Rule 3-10 of the SEC's Regulation S-X, South Bow has provided the following summarized information and disclosures in lieu of filing separate financial statements for each of the guarantors of the securities. The summarized financial information of the Obligor Group is presented on a combined basis and has eliminated intercompany balances and transactions between the entities in the Obligor Group. The summarized financial information excludes information of any subsidiaries who are not issuers or guarantors as well as income from equity method investments. South Bow's credit ratings are based on the accompanying financial statements and therefore the accompanying financial statements provide a more appropriate view of the Company's financial position. The summarized financial information of the Obligor Group is below&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Select Asset Information&#58;</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current assets</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">656</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">586&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Receivables from non-obligor subsidiaries</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8212;&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-current assets</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">252</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">262&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-current receivables from non-obligor subsidiaries</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,137</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,137&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Select Liability Information&#58;</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current liabilities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">204</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">206&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Payables to non-obligor subsidiaries</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,944</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2,493&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-current liabilities, including guaranteed debt</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5,809</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">5,818&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-current liabilities to non-obligor subsidiaries</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,137</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">4,137&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:53.661%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:44.139%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></div></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, 2026</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenues - external</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenues from non-obligor subsidiaries</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Operating loss of Obligor Group</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(214)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net loss</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">of Obligor Group</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(238)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td></tr></table></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     29</font></div></div></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_79"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Forward-looking Information</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">To help the reader understand Management's assessment of South Bow's future plans and financial outlook and future prospects overall, this MD&#38;A includes certain statements and information which constitute forward-looking statements or forward-looking information (collectively, &#34;forward-looking statements&#34;). Forward-looking statements are typically identified by words such as &#34;anticipate&#34;, &#34;continue&#34;, &#34;estimate&#34;, &#34;expect&#34;, &#34;may&#34;, &#34;will&#34;, &#34;project&#34;, &#34;should&#34;, &#34;could&#34;, &#34;would&#34;, &#34;believe&#34;, &#34;plan&#34;, &#34;intend&#34;, &#34;design&#34;, &#34;target&#34;, &#34;undertake&#34;, &#34;view&#34;, &#34;indicate&#34;, &#34;maintain&#34;, &#34;explore&#34;, &#34;entail&#34;, &#34;schedule&#34;, &#34;objective&#34;, &#34;strategy&#34;, &#34;likely&#34;, &#34;potential&#34;, &#34;outlook&#34;, &#34;aim&#34;, &#34;purpose&#34;, &#34;goal&#34;, and similar expressions suggesting future events or future performance.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In particular, forward-looking statements in this MD&#38;A include information and certain financial outlooks, about the following, among other things&#58;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the Company's financial and operational performance&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expectations about strategies and goals for optimization, growth, and expansion and the methods South Bow expects to employ to implement such strategies&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">South Bow's capital allocation priorities&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expected costs related to the MP-171 incident&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expectations regarding the advancement of the Prairie Connector project including timing of the release of the results of the open season&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expectations that the findings and recommendations from the RCA regarding the MP-171 incident will be incorporated into South Bow's remedial work plan&#59; </font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the Company will continue to advance remedial actions relating to the MP-171 incident, and the expectation that it will continue to be able to meet all contractual transportation services will operating under the CAO&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expectations that WCSB crude oil supply will grow modestly throughout 2026 and remain below available pipeline egress capacity and the results and impacts thereof&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">that South Bow's financial outlook is underpinned by highly contracted cash flows and strong structural demand for services&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">South Bow's financial outlook and annual guidance for 2026, including normalized EBITDA, financial charges, expected effective tax rate, distributable cash flow, and capital expenditures&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">South Bow's forecast of normalized EBITDA for each of its segments&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expected normalized EBITDA in the second quarter of 2026 and the reasons therefor&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expectations that South Bow's net debt-to-normalized EBITDA ratio will decrease modestly through 2026&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">South Bow's plans with respect to growth capital expenditures in 2026 and its intention to update its outlook for growth capital expenditures once it sanctions its next development project&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the expected timing of principal repayments and certain other terms of South Bow's Senior Notes and Junior Notes&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">that the Company has significant capacity on its Facility and the timing of its first long-term debt maturity&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">South Bow's belief that it is positioned to meet its operating obligations, including quarterly dividend payments, if, as, and when declared, and fund its ongoing development projects&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the Company's continued commitment to prudently managing leverage and the expectation that it will enhance its financial resilience, reduce debt service charges and create additional capacity to fund future growth initiatives and potentially grow shareholder returns&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expected dividends and the designation thereof&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expectations regarding cash flows associated with the Blackrod Connection Project in 2026 and 2027&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">South Bow's contractual obligations from 2026 through 2030 and thereafter and the categories thereof&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the maximum term of South Bow's guarantees for certain jointly-owned entities and the potential exposure thereunder&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">that separation capital expenditures are not expected to be recovered through the Company&#8217;s tolling arrangements&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expected capital expenditures, contractual obligations, commitments, and contingent liabilities&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expected regulatory processes and outcomes&#59;</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     30</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the expected impact of future legal and accounting changes&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the remediation plan and the effectiveness of the actions taken pursuant to the remediation plan to remediate the identified material weakness in the Company's internal controls&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the possibility that South Bow may need to provide collateral if a credit risk-related contingent event occurs or if the fair value of its derivative financial instruments exceeds pre-defined exposure limits&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expected industry, market, and economic conditions, including their impact on South Bow and on its customers and suppliers.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Forward-looking statements do not guarantee future performance. Actual events and results could be significantly different from those implied by forward-looking statements, including because of assumptions, risks, or uncertainties related to South Bow's business or events that happen after the date of this MD&#38;A.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Forward-looking statements are based on a number of different assumptions, predictions, or projections and subject to a number of different risks, including but not limited to the following key assumptions and subject to the following risks and uncertainties&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Assumptions</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">realization of expected benefits from acquisitions, divestitures, and the Spinoff&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">regulatory decisions and outcomes&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">forward pricing estimates&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">assumptions regarding the continuation of global trade policies and agreements currently in effect including tariffs&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">planned and unplanned outages and the use of the Company's pipelines&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">integrity and reliability of the Company's assets&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">anticipated construction costs, schedules, and completion dates&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">access to capital markets, including portfolio management&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">expected industry, market and economic conditions, including the impact of these on the Company and on its customers and suppliers&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">future operating costs being consistent with Management's current expectations&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the Company's ability to maintain current credit ratings&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the timely and effective implementation of the remediation plan to remediate the material weakness in the Company's internal controls&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">prevailing inflation rates, commodity, and labour prices&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">prevailing interest, tax, and foreign exchange rates&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">changes in U.S. tax legislation and its impacts on lowering current taxes&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">nature and scope of hedging.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Risks and Uncertainties</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">failure to realize the expected benefits from acquisitions, divestitures, and the Spinoff&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the Company's ability to successfully implement its strategic priorities and whether they will yield the expected benefits&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the Company's ability to implement a capital allocation strategy aligned with maximizing shareholder value&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">operating performance of the Company's pipelines and storage assets&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">amount of capacity sold and rates achieved in the Company's business&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">changing global trade policies, including tariffs and the impact on the Company's business, financial results, and operations&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">production levels within supply basins&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">construction and completion of capital projects&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the implementation and effectiveness of the Company's new ERP and supervisory control and data acquisition systems&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the remediation of the material weakness in the Company's internal controls and the timing thereof&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">identification of additional material weaknesses or deficiencies in the Company's internal controls&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">cost and availability of, and inflationary pressures on, labour, equipment, and materials&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">availability and market prices of commodities&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">access to capital and insurance markets on competitive terms&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">interest, tax, and foreign exchange rates&#59;</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     31</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">performance and credit risk of the Company's counterparties&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">regulatory decisions and outcomes of legal proceedings, including arbitration and insurance claims&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the Company's ability to effectively anticipate and assess changes to government policies and regulations, including those related to the environment&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the Company's ability to realize the value of tangible assets and contractual recoveries&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">competition in the business in which the Company operates&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">unexpected or unusual weather&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">acts of civil disobedience&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">cyber security and technological developments&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">sustainability-related risks&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">impact of energy transition on the Company's business&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">economic conditions in North America as well as globally&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">global health crises, such as pandemics and epidemics, and the impacts related thereto&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">risks involving ongoing geopolitical events including the conflicts in the Middle-East and the impacts related thereto&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">recovery of costs resulting from unexpected pollution or environmental events related to the Company's operations&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the other factors discussed under </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Risk Management</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> herein and in the Company's AIF for the year ended December 31, 2025, which is available at </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.sedarplus.ca</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The foregoing lists should not be construed as exhaustive. As actual results could vary significantly from the results implied by forward-looking statements, readers should not put undue reliance on forward-looking statements and should not use future-oriented information or financial outlooks for anything other than their intended purpose. South Bow does not update its forward-looking statements due to new information or future events unless required to by law.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management approved the financial outlooks contained in this MD&#38;A, including 2026 normalized EBITDA, 2026 financial charges, 2026 distributable cash flow, 2026 effective tax rate, 2026 capital expenditures (including growth and maintenance capital expenditures), and second quarter 2026 normalized EBITDA which are based on, among other things, the various assumptions disclosed in this MD&#38;A, including those under Forward-looking Information as of the date of this MD&#38;A. The internal projections, expectations, or beliefs are based on the 2026 budget, as applicable, which are subject to change in light of ongoing results, prevailing economic conditions, commodity prices, and industry conditions and regulations. The purpose of these financial outlooks is to inform readers about Management's expectations for the Company's financial and operational results in 2026, and such information may not be appropriate for other purposes. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and may be material and adverse and, as such, undue reliance should not be placed on such financial outlooks.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's future shareholder distributions, including but not limited to the payment of dividends, if any, and the level thereof is uncertain. Any decision to pay dividends on South Bow's shares (including the actual amount, the declaration date, the record date and the payment date in connection therewith and any special dividends) will be subject to the discretion of the Board and may depend on a variety of factors, including, without limitation, South Bow's business performance, financial condition, financial requirements, growth plans, expected capital requirements and other conditions existing at such future time including, without limitation, contractual restrictions and satisfaction of the solvency tests imposed on South Bow under applicable corporate law. Further, the actual amount, the declaration date, the record date and the payment date of any dividend are subject to the discretion of the Board. There can be no assurance that South Bow will pay dividends in the future.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     32</font></div></div></div><div id="i3b4c7599f38a40b2b59ef78071a1dae3_82"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Glossary</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Below are common abbreviations used within this MD&#38;A&#58;</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:17.352%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:80.448%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">ACAO</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amended Corrective Action Order</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">bbl</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">barrel</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">bbl&#47;d</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">barrels per day</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">C$ or CAD</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canadian dollar</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">CAO</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corrective Action Order</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">CER</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canada Energy Regulator</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">EBITDA</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">earnings before interest, taxes, depreciation and amortization</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">ERP</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">enterprise resource planning</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">FERC</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Federal Energy Regulatory Commission</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">LMCI</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Land Matters Consultation Initiative</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mbbl</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">thousand barrels</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mbbl&#47;d</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">thousand barrels per day</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">MP-14</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Refers to the Milepost 14 pipeline incident in December 2022 involving the release of oil from the Keystone Pipeline System into a creek in Washington County, Kansas. Discussed in the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Recent Developments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> section.</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">MP-171</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Refers to the Milepost 171 pipeline incident in April 2025 involving the release of oil from the Keystone Pipeline System near Fort Ransom, North Dakota. Discussed in the </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Recent Developments </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">section.</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NYSE</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New York Stock Exchange</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">PHMSA</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pipeline and Hazardous Materials Safety Administration</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">RCA</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">root cause analysis</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">TSX</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Toronto Stock Exchange</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.$ or USD</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">United States dollar</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S. GAAP</font></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">United States Generally Accepted Accounting Principles</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">WCSB</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:justify;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Western Canadian Sedimentary Basin</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right;text-indent:36pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation </font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%">First Quarter 2026 Management&#8217;s Discussion and Analysis     &#124;     33</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>sobofs-q12026.htm
<DESCRIPTION>Q1 2026 FINANCIAL STATEMENTS
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2026 Workiva -->
<title>Document</title></head><body><div id="ie374a0db1ecb4341b025582c3eeeb55f_4"></div><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit 99.2</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Consolidated Balance Sheets</font></div><div style="margin-bottom:3pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:60.953%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.001%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Unaudited)</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Note</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">ASSETS</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Current Assets</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">599</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">549&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">977</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,107&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Inventories</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">192</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other current assets</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">409</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">259&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Current Assets</font></div></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,177</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,015&#160;</font></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Plant, Property and Equipment, Net</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">8,121</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,210&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Equity Investments</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">727</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">743&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Deferred Tax Assets</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">23</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other Long-term Assets</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">192</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">TOTAL ASSETS</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">11,240</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,193&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">LIABILITIES</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Current Liabilities</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts payable and other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,241</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,135&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends payable</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">104</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accrued interest</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">99</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Current Liabilities</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,444</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,341&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other Long-term Liabilities</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">179</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">179&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Senior Unsecured Notes</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4,665</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,682&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Junior Subordinated Notes</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,086</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,086&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Deferred Income Tax Liabilities</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,205</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,196&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Liabilities</font></div></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">8,579</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,484&#160;</font></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SHAREHOLDERS' EQUITY</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common shares</font></div><div style="padding-left:12pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2026 - 208.6 million shares, 2025 - 208.3 million shares)</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,208</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,201&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additional paid-in capital</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">661</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">661&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated deficit</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(59)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated other comprehensive loss</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(149)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(121)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Shareholders' Equity</font></div></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,661</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,709&#160;</font></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</font></div></td><td colspan="3" style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">11,240</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,193&#160;</font></td><td style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Contingencies</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (Note 9)</font></div><div style="margin-top:3pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Variable Interest Entities</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (Note 10)</font></div><div style="margin-top:3pt"><font><br></font></div><div style="margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">See accompanying notes to the consolidated interim financial statements.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     1</font></div></div></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_7"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Consolidated Statements of Income</font></div><div style="margin-bottom:6pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:60.953%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.001%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Unaudited)</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, </font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except share and per share amounts</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Note</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Revenues</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">491</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">498&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Income from Equity Investments</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">13</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operating and Other Expenses</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Plant operating costs and other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">193</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">171&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commodity purchases resold</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">74</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">64</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">331</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">320&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt 0 7pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Financial Charges</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">84</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest income and other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(11)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">73</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Income before Income Taxes</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax expense</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">12</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">11</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">23</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Income</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">77</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Income per Common Share - Basic</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">0.37</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.42&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Income per Common Share - Diluted</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">0.37</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.42&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 5.5pt;text-align:left;text-indent:-4.5pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Weighted Average Number of Common Shares (millions) - Basic</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">208.3</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208.1</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 5.5pt;text-align:left;text-indent:-4.5pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Weighted Average Number of Common Shares (millions) - Diluted</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:center"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">7</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">208.5</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208.7&#160;</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Consolidated Statements of Comprehensive Income</font></div><div style="margin-bottom:6pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Unaudited)</font></td><td colspan="3" style="display:none"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">77</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 5.5pt;text-align:left;text-indent:-4.5pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation - net investment hedge</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(19)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation - other</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(9)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Comprehensive Income</font></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">49</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">See accompanying notes to the consolidated interim financial statements.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     2</font></div></div></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_10"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Consolidated Statements of Cash Flows</font></div><div style="margin-bottom:6pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:60.953%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.001%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Unaudited)</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Note</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Operating Activities</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">77</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">64</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred income tax expense</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">11</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from equity investments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(13)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 18.28pt;text-align:left;text-indent:-5.7pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Distributions received from operating activities of equity investments</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">18</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized losses on financial instruments</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">32</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 18.28pt;text-align:left;text-indent:-5.7pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-cash foreign exchange</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 18.28pt;text-align:left;text-indent:-5.7pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Increase in operating working capital</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(9)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(50)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Cash Provided by Operating Activities</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">186</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Investing Activities</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital expenditures</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(27)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred amounts and other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Cash Used in Investing Activities</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(26)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Financing Activities</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercised stock options</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">7</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends paid</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(104)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(104)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Cash Used in Financing Activities</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(97)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of foreign exchange rate changes on cash and cash&#160;equivalents</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(13)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Increase (Decrease) in Cash and Cash Equivalents</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">50</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash and Cash Equivalents, Beginning of Period</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">549</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">397&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Cash and Cash Equivalents, End of Period</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">599</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">390&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Supplementary Cash Flow Information</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash income taxes paid</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">14</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash interest paid</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">83</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital expenditures non-cash accruals</font></td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(19)</font></div></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="background-color:#ffffff;border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="background-color:#ffffff;border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">See accompanying notes to the consolidated interim financial statements.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     3</font></div></div></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_13"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="background-color:#ffffff;color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Consolidated Statements of Changes in Shareholders' Equity</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:29.405%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.001%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.673%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.809%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%"><br><br></font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">(Unaudited)<br>U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Note</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Share Capital</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">APIC</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Accumulated Deficit</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">AOCI</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2024</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,196&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">661&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(49)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(198)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,610&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercise of stock options</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends declared</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(104)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(104)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation - net investment hedge</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 5.5pt;text-align:left;text-indent:-4.5pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation - other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">March 31, 2025</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,200&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">661&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(65)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(196)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,600&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2025</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,201&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">661&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(121)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,709&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">77</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">77</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercise of stock options</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">7</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">7</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends declared</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(104)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(104)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation - net investment hedge</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(19)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(19)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 5.5pt;text-align:left;text-indent:-4.5pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation - other</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(9)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(9)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">March 31, 2026</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,208</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">661</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(59)</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(149)</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,661</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:110%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:110%;padding-left:4.11pt">Additional paid-in capital.</font></div><div style="margin-bottom:6pt;padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Accumulated other comprehensive income (loss).</font></div><div style="margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">See accompanying notes to the consolidated interim financial statements.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     4</font></div></div></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_16"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">Notes to the Consolidated Financial Statements</font></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_22"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">1. Basis of Presentation and Accounting Policies</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These consolidated interim financial statements (the &#34;interim financial statements&#34;) of South Bow Corporation (&#34;South Bow&#34; or the &#34;Company&#34;) are prepared in accordance with U.S. generally accepted accounting principles (&#34;U.S. GAAP&#34;) and presented in United States dollars (&#34;U.S.$&#34; or &#34;U.S. dollars&#34;). The accounting policies applied are consistent with those outlined in South Bow's annual audited consolidated financial statements for the year ended December&#160;31, 2025, and should be read in conjunction with these interim financial statements.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These interim financial statements reflect all normal recurring adjustments that are, in the opinion of Management, necessary to reflect fairly the financial position and results of operations for the respective periods. The Company's results for the interim period may not be indicative of results for the fiscal year primarily due to fluctuations in throughput volumes on the Keystone Pipeline System and the marketing activities undertaken by the Company. Results, including revenues, may be impacted by fluctuations in foreign exchange rates, primarily related to the Company's Canadian dollar-denominated&#160;operations.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The presentation of certain prior period comparatives has been updated for consistency with current year's presentation.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Use of Estimates and Judgments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing the interim financial statements, South Bow is required to make estimates and assumptions that affect both the amount and timing of recording assets, liabilities, revenues, and expenses since the determination of these items may be dependent on future events. The Company uses the most current information available and exercises careful judgment in making these estimates and assumptions.</font></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_28"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">2.&#160;Accounting Policy Changes</font></div><div style="margin-bottom:5pt;margin-top:3pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Future Accounting Changes Not Yet Adopted</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Disaggregation of Income Statement Expenses</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In November 2024, the Financial Accounting Standards Board issued Accounting Standards Update 2024-03 </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Disaggregation of Income Statement Expenses</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, which requires additional disclosures about certain costs and expenses in the notes to the consolidated financial statements. This new guidance is effective for annual periods beginning after December 15, 2026, and interim periods within annual periods beginning after December 15, 2027, with early adoption permitted. The guidance is to be applied prospectively, with retrospective application permitted. The Company has chosen not to early adopt this guidance and is currently evaluating the impact on its consolidated financial statements and related disclosures.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     5</font></div></div></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_34"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">3.&#160;Operating Segments Results</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow operates through three reportable segments&#58; Keystone Pipeline System, Marketing, and Intra-Alberta &#38; Other, which includes corporate activities. These segments are aligned with the Company's internal management structure and represent distinct business operations that provide products and services within areas of operation.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes segment results for the three months ended March 31, 2026&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.495%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.251%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.251%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.251%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:11.252%"></td><td style="width:0.1%"></td></tr><tr style="height:20pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31, 2026</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Keystone Pipeline System</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Marketing</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Intra-Alberta &#38; Other</font></td><td colspan="3" style="display:none"></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue from contracts with customers </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">416&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">422</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketing activities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">68</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other revenues</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Segment Revenues</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">417</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">68</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">6</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">491</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from equity investments</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">13</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Plant operating costs and other </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(169)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(17)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(193)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commodity purchases resold</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(74)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(74)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other segment items </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">20</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Segment Normalized EBITDA</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">233</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">15</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">257</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Reconciliation to consolidated income (loss) before income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">3</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(84)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(84)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(60)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(64)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest income and other</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">11</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalizing items </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">4</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(20)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Segment Income (Loss) before Income Taxes</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">197</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(22)</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(75)</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">The Chief Operating Decision Maker (&#34;CODM&#34;) reviews segment normalized EBITDA with intersegment transactions between entities eliminated. During the three months ended March 31, 2026, the Marketing segment transacted with the Keystone Pipeline System, resulting in $33 million of intercompany revenue in Keystone Pipeline System, with an offsetting expense in Marketing. These transactions are eliminated in segment normalized EBITDA reported to the CODM.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Other segment items for all segments include normalizing items that are not representative of the segments' core operations and are adjusted out of segment normalized EBITDA. These include other expenses per the consolidated statements of income, unrealized gains (losses) on derivatives, Keystone variable toll disputes, corporate expenses for preliminary business development project activities, and separation costs associated with the spinoff from TC Energy Corporation (&#34;Former Parent&#34;) to form South Bow as a new publicly traded company, completed on October 1, 2024 (the &#34; Spinoff&#34;).</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Interest expense is mainly associated with the Company's long-term debt, recorded in entities within the Intra-Alberta &#38; Other segment. These amounts are not allocated to other segments.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Normalizing items are added back to normalized EBITDA to reconcile to consolidated income (loss) before income taxes.</font></div><div style="margin-bottom:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font><br></font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     6</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes segment results for the three months ended March 31, 2025&#58;</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:49.495%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.251%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.251%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.251%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.252%"></td><td style="width:0.1%"></td></tr><tr style="height:20pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Three Months Ended March 31, 2025</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone Pipeline System</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketing</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Intra-Alberta &#38; Other</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue from contracts with customers </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">380&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">385</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketing activities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">113</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Segment Revenues</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">380</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">113</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">498</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from equity investments</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">13</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Plant operating costs and other </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(148)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(171)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commodity purchases resold</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(84)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(84)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other segment items </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">10</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Segment Normalized EBITDA</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">235</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">16</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">15</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">266</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Reconciliation to consolidated income (loss) before income taxes</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest expense </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">3</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(83)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(83)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Depreciation and amortization</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(59)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(62)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest income and other</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">6</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Normalizing items </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">4</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(13)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Segment Income (Loss) before Income Taxes</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">175</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(70)</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">114</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">The CODM reviews segment normalized EBITDA with intersegment transactions between entities eliminated. During the three months ended March 31, 2025, the Marketing segment transacted with the Keystone Pipeline System, resulting in $44 million of intercompany revenue in Keystone Pipeline System, with an offsetting expense in Marketing. These transactions are eliminated in segment normalized EBITDA reported to the CODM.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Other segment items for all segments include normalizing expenses that are not representative of the segments' core operations. These include unrealized gains (losses) on derivatives, separation costs associated with the Spinoff, tariff charges, and Keystone XL costs and other.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Interest expense is mainly associated with the Company's long-term debt, recorded in entities within the Intra-Alberta &#38; Other segment. These amounts are not allocated to other segments.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Normalizing items are added back to normalized EBITDA to reconcile to consolidated income (loss) before income taxes.</font></div><div style="text-align:justify;text-indent:7.2pt"><font><br></font></div><div style="margin-bottom:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes total long-term assets by segment&#58;</font></div><div style="text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Keystone Pipeline System</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,972&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,063&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketing </font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Intra-Alberta &#38; Other</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,075&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,097&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9,063</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9,178</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     7</font></div></div></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_133"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">4. Revenues</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Disaggregation of Revenues</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-right:0.25pt solid #d1d0cf;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;border-right:0.25pt solid #d1d0cf;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenues from contracts with customers</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capacity arrangements and transportation </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">422</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">385&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Marketing activities </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">68</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:10pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other revenues</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Revenues</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">491</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">498&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Capacity arrangements and transportation revenues include $6 million (2025 &#8211; $5 million) relating to the Intra-Alberta &#38; Other segment. The remaining revenue relates to the Company's Keystone Pipeline System segment.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Relates to revenue from the Company's marketing activities and financial instruments. Refer to </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:120%">Note 8, Risk Management and Financial Instruments</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> for additional information.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the three months ended March 31, 2026, four major customers accounted for $152&#160;million, $80&#160;million, $44&#160;million, and $41 million, respectively, in revenues, each representing more than 10 per cent of total revenues from contracts with customers (2025 &#8211; four major customers accounted for $148 million, $75 million, $41 million, and $39 million, respectively).</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Contract Balances</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.977%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.979%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Affected Line Item on the Consolidated Balance Sheets</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Receivables from contracts with customers</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">299</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">475&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract liabilities </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">16</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts payable and other</font></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term contract liabilities</font></td><td colspan="2" style="border-bottom:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">23</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24&#160;</font></td><td style="border-bottom:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="border-bottom:0.25pt solid #000000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other long-term liabilities</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">During the three months ended March 31, 2026, $3 million</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(2025 &#8211; $3 million) of revenues were recognized that were included in contract liabilities at the beginning of the year.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Contract liabilities and long-term contract liabilities represent unearned revenue for contracted services.</font></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Future Revenues from Remaining Performance Obligations</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As at March&#160;31, 2026, future revenues from long-term pipeline capacity arrangements and transportation contracts extending through 2048 was approximately $6.2&#160;billion, of which approximately $757&#160;million is expected to be recognized through the remainder of 2026.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues related to the following are not included in the future revenues above&#58;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">contracts with performance obligations that have original expected duration of one year or less&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">constrained variable considerations from uncontracted capacity as volumes cannot be estimated.</font></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_31"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">5.&#160;Spinoff Transaction</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Spinoff was executed under a Separation Agreement with various other agreements outlining the governance of the Company's relationship with the Former Parent during a transition period, including, but not limited to, the Transition Services Agreement (&#34;TSA&#34;), the Tax Matters Agreement, and the Employee Matters Agreement. During the three months ended March 31, 2026, the Former Parent billed the Company nominal charges for services pursuant to the TSA (2025 - $4&#160;million).</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     8</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Separation Agreement outlines key provisions of the separation of South Bow into a standalone entity and specifies the assets, liabilities, and contracts assigned to the Company in the Spinoff, as well as certain indemnification obligation arrangements for ongoing matters which existed prior to Spinoff. Under this agreement, the Former Parent will indemnify South Bow for 86 per cent of total assets, liabilities, and costs associated with the Milepost 14 (&#34;MP-14&#34;) incident, Keystone XL contractual recoveries, and the variable toll disputes on the Keystone Pipeline System up to October 1, 2024, subject to a maximum liability to South Bow of $21&#160;million (C$30&#160;million), in aggregate.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the indemnity-related balances with the Company's Former Parent as at March&#160;31, 2026 and December&#160;31, 2025&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:45.030%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.001%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.825%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Transaction</font></div><div><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></div></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Note</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Asset (Liability)</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Former Parent Asset (Liability)</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net Asset (Liability)</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As at March 31, 2026</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">MP-14 costs </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(30)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(26)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(4)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Withdrawal of Keystone Variable Toll Disputes </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(96)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(92)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(4)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">As at December 31, 2025</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable toll disputes - CER </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">4</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">172&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">127&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">45&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">MP-14 costs </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">2</font></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(30)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(26)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(4)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Withdrawal of Keystone Variable Toll Disputes </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">3</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(96)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(91)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(5)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Represents the net asset (liability) attributable to the Former Parent included in the consolidated balance sheets.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Amounts related to estimated costs for the MP-14 pipeline incident that occurred in 2022. The gross liability balance is included in accounts payable and other on the consolidated balance sheets.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">3.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Represents the outstanding liabilities subject to indemnification related to the Company's and associated parties' mutual agreement to withdraw all complaints and protests associated with the variable toll disputes.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">4.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Variable toll disputes filed by customers with the Canada Energy Regulator (&#34;CER&#34;) which were collected during the three months ended March 31, 2026. The gross asset and liability balances are included in the accounts receivable and accounts payable and other, respectively, on the consolidated balance sheets.</font></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_76"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">6.&#160;Common Shares</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is authorized to issue an unlimited number of common shares and first and second preferred shares up to 20 per cent of the issued common shares outstanding.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except where noted</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Common Shares </font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Common Shares </font></div><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">($)</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31, 2024</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208,041,109&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,196&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Issued on exercise of stock options</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">209,403&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31, 2025</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208,250,512</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,201&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Issued on exercise of stock options</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">334,115</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance at March&#160;31, 2026</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">208,584,627</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2,208</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Dividends Declared</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's dividend payable of $104 million ($0.50 per share) was declared on March&#160;5, 2026, and paid on April&#160;15, 2026, to shareholders of record at the close of business on March&#160;31, 2026.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     9</font></div></div></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_79"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">7. Net Income per Share</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the Company's net income per share for the three months ended March 31, 2026 and 2025&#58;</font></div><div style="margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions, except share and per share amounts</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">77</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">88</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6pt;text-indent:-6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average common shares outstanding</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(millions) - basic </font></div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">208.3</font></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208.1</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Income per Share - Basic</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.37</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.42&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dilutive impact of share-based awards (millions) </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.2</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.6&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;text-indent:-6pt;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted average common shares outstanding (millions) - diluted</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">208.5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">208.7&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Net Income per Share - Diluted</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">0.37</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">0.42&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">The dilutive impact considers the effect of the potential exercise of share-based awards and excludes any effect where the potential exercise would be anti-dilutive. At March&#160;31, 2026, nil options were considered anti-dilutive (March&#160;31, 2025 - nil options).</font></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_85"></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">8.&#160;Risk Management and Financial Instruments</font></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Risk Management Overview</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has exposure to various financial risks and has strategies, policies, and limits in place to manage the impact of these risks on its earnings and cash flows.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Risk management strategies, policies, and limits are designed to ensure the Company's risks and related exposures are in line with South Bow's business objectives and risk tolerance. The Company's risks are managed within limits that are established by the Board, implemented by Management, and monitored by the risk management, internal audit, and business segment groups. South Bow's Audit Committee and Governance &#38; Risk Committee of the Board oversee how Management monitors compliance with risk management policies and procedures, and Management's review of the adequacy of the Company's risk management framework.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Market Risk</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company constructs and invests in crude oil pipeline systems, purchases and sells commodities, including amounts in foreign currencies, and invests in foreign operations. Certain of these activities expose the Company to market risk from changes in commodity prices, foreign exchange, and liquidity risk, which may impact the Company's earnings, cash flows, and the value of its financial assets and liabilities. The Company assesses contracts used to manage market risk to determine whether all, or a portion, meets the definition of a derivative.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Derivative contracts that the Company uses to assist in managing exposure to market risk may include the&#160;following&#58;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">forwards and futures contracts&#160;&#8211;&#160;agreements to purchase or sell a specific financial instrument or liquids commodity at a specified price and date in the future&#59; and</font></div><div style="margin-bottom:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">options&#160;&#8211;&#160;agreements that convey the right, but not the obligation, of the purchaser to buy or sell a specific amount of a financial instrument or commodity at a fixed price, either at a fixed date or at any time within a specified period.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Commodity Price Risk</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's marketing business enters into pipeline and storage terminal capacity contracts as well as crude oil purchase and sale agreements, fixing a portion of the exposure on these contracts by entering into financial instruments to manage price fluctuations that arise from physical commodity transactions.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Crude oil prices could impact investment in upstream development, expansion, and production, which could impact opportunities for the Company to expand its asset base or re&#8209;contract with customers as contractual agreements expire.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     10</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:5pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Liquidity Risk</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Liquidity risk is the risk that suitable sources of funding for the Company's business activities may not be available. South Bow manages liquidity risk by maintaining bank credit facilities, continuously managing forecasted and actual cash flows, and monitoring the maturity profiles of financial assets and liabilities. The Company has access to a wide range of funding at competitive rates through capital markets and banks to meet the immediate and ongoing requirements of the business.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Foreign Exchange Risk</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A portion of the Company's entities generate all or most of their earnings in Canadian&#160;dollars and, since the Company reports its financial results in U.S. dollars, changes in the value of the Canadian&#160;dollar against the U.S.&#160;dollar can impact its comprehensive income. If the Company's Canadian dollar-denominated&#160;operations continue to grow, this exposure increases.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow is exposed to foreign exchange risk in its Canadian-dollar functional currency entity which holds U.S dollar-denominated debt. This foreign exchange risk is offset by the designation of its U.S. dollar-denominated Junior Notes as a net investment hedge in foreign operations. The net investment hedge is perfectly effective and any foreign exchange gain or loss, as determined by the respective period-end rate, is reported as cumulative translation adjustment within AOCI.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Notional amount of U.S. dollar-denominated Junior Notes</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1,100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,100&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:4.5pt;text-indent:-4.5pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair value of U.S. dollar-denominated Junior Notes</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1,140</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,165&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cumulative translation adjustment recognized in AOCI</font></td><td colspan="2" style="border-bottom:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(31)</font></div></td><td style="border-bottom:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td><td style="border-bottom:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:5pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Counterparty Credit Risk</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow's exposure to counterparty credit risk includes its cash and cash equivalents, accounts receivable, environmental provision recovery, contractual recoveries and certain available-for-sale financial assets, and derivative assets.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At times, the Company's counterparties may endure financial challenges resulting from commodity price and market volatility, economic instability, and political or regulatory changes. In addition to actively monitoring these situations, there are a number of factors that reduce the Company's counterparty credit risk exposure in the event of default, including&#58;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">contractual rights and remedies, together with the utilization of contractually-based financial assurances&#59;</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the competitive position of the Company's assets and the demand for the Company's services&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.25pt">the potential recovery of unpaid amounts through bankruptcy and similar proceedings.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow reviews financial assets carried at amortized cost for impairment using the lifetime expected loss of the financial asset at initial recognition and throughout the life of the financial asset. The Company uses historical credit loss and recovery data, adjusted for Management's judgment regarding current economic and credit conditions, along with reasonable and supportable forecasts to determine any impairment, which is recognized in plant operating costs and other in the consolidated statements of income.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Entering into derivative instruments may result in exposure to credit risk from the possibility that a counterparty will default on its contractual obligations. In order to mitigate this risk, the Company enters into derivative transactions primarily with institutions that possess strong investment-grade credit ratings. Credit risk relating to derivative counterparties is mitigated through the maintenance and monitoring of credit exposure limits, contractual requirements, and netting arrangements. The Company also reviews counterparty credit exposure using external credit rating services and other analytical tools to manage credit risk.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company had no significant credit losses and no significant amounts impaired at March&#160;31, 2026 and 2025, respectively, within trade accounts receivable. At March&#160;31, 2026 and 2025, there were no significant credit risk concentrations.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     11</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has significant credit and performance exposure to financial institutions that hold cash. The Company's portfolio of financial sector exposure consists primarily of highly-rated investment-grade, systemically important financial institutions.</font></div><div style="margin-bottom:5pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Fair Value Hierarchy</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's financial assets and liabilities recorded at fair value have been categorized into three categories based on a fair value hierarchy.</font></div><div style="margin-bottom:5pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:12.739%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:85.061%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Levels</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">How Fair Value Has Been Determined</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Level I</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Quoted prices in active markets for identical assets and liabilities that the Company has the ability to access at the measurement date. An active market is a market in which frequency and volume of transactions provides pricing information on an ongoing basis.</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Level II</font></td><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">This category includes commodity derivatives where fair value is determined using the market approach. Inputs include yield curves and broker quotes from external data service providers.</font></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Level III</font></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">This category includes long-dated transactions in certain markets where liquidity is low and the Company uses the most observable inputs available or, alternatively, long-term broker quotes or negotiated commodity prices that have been contracted for under similar terms in determining an appropriate estimate of these transactions.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">There is uncertainty caused by using unobservable market data which may not accurately reflect possible future changes in fair value.</font></div></td></tr></table></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair value of the Company's derivative assets and liabilities measured on a recurring basis, including both current and non&#8209;current portions, were categorized as&#160;follows&#58;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:35.209%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.825%"></td><td style="width:0.1%"></td></tr><tr style="height:24pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Quoted Prices in Active Markets <br>(Level I)</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Significant Other Observable Inputs</font></div><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">(Level II)</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Significant Unobservable Inputs <br>(Level III)</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td></tr><tr style="height:30pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">142</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">29</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">171</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument liabilities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(163)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(35)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(198)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">As at March 31, 2026</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(21)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(6)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8212;</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(27)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr style="height:15pt"><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument assets</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument liabilities</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(28)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">As at December 31, 2025</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">There were no transfers from Level II to Level III for the periods presented.</font></div><div style="margin-bottom:5pt;margin-top:9pt;text-align:justify"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Non-derivative Financial Instruments</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fair Value of Non-derivative Financial Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Available-for-sale assets are recorded at fair value, which is calculated using quoted market prices where available. Certain non&#8209;derivative financial instruments included in cash and cash equivalents, accounts receivable, environmental provision recovery, contractual recoveries, other current assets, other long-term assets, accounts payable and other, and other long-term liabilities have carrying amounts that approximate their fair value due to the nature of the item or the short time to maturity. Each of these instruments are classified in Level II of the fair value hierarchy.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Credit risk has been taken into consideration when calculating the fair value of non-derivative financial instruments.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     12</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance Sheet Presentation of Non-derivative Financial Instruments</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table details the fair value of non-derivative financial instruments, excluding those where carrying amounts approximate fair value, and would be classified in Level II of the fair value hierarchy&#58;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:35.804%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.673%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.673%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.673%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.677%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31, 2026</font></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2025</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying<br>Amount</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying Amount</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair Value</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Senior Notes </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(4,665)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(4,672)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,682)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,745)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Junior Notes </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1,086)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1,140)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,086)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,165)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">The carrying amount of the Senior Notes and Junior Notes include unamortized debt issuance costs of $23 million and $14 million, respectively (December&#160;31, 2025 - $26 million and $14 million, respectively).</font></div><div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-indent:-18pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Available-for-sale Assets Summary</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following tables summarizes additional information about the Company's Land Matters Consultation Initiative (&#34;LMCI&#34;) restricted investments that were classified as available&#8209;for&#8209;sale assets&#58;</font></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fair Value of Fixed Income Securities</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1, 2</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maturing within 5 to 10 years</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">11</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maturing after 10 years</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">78</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">89</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Available-for-sale assets are recorded at fair value and included in other long-term assets on the consolidated balance sheets.</font></div><div style="margin-bottom:6pt;padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Classified in Level II of the fair value hierarchy.</font></div><div style="margin-top:9pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net unrealized gains </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net realized losses </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1, 2</font></div></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(2)</font></div></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Net unrealized gains and net realized losses arising from changes in the fair value of LMCI restricted investments impact the subsequent amounts to be collected through tolls to cover future pipeline abandonment costs. As a result, the Company records these gains and losses within other long-term assets and liabilities on the consolidated balance sheets.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Net realized losses on the sale of LMCI restricted investments are determined using the average cost basis.</font></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Derivative Instruments</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fair Value of Derivative Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair value of commodity derivatives has been calculated using quoted market prices where available. In the absence of quoted market prices, third-party broker quotes or other valuation techniques have been used. Credit risk has been taken into consideration when calculating the fair value of derivative instruments. Unrealized gains and losses on derivative instruments are not necessarily representative of the amounts that will be realized on settlement.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Even though the derivatives are considered to be effective economic hedges, they do not meet the specific criteria for hedge accounting treatment or are not designated as a hedge and are accounted for at fair value, with changes in fair value recorded in net income in the period of change. This may expose the Company to increased variability in reported earnings because the fair value of the derivative instruments can fluctuate significantly from period to period.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     13</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:5pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance Sheet Presentation of Derivative Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The balance sheet classification of the fair value of held-for-trading, commodity derivative instruments was as follows&#58;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Derivative Assets </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(other current assets)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">171</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Derivative Liabilities</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (accounts payable and other)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(198)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</font></td><td style="padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Total Derivatives</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1, 2</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(27)</font></div></td><td style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td><td style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:left;vertical-align:bottom"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Fair value equals carrying value.</font></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">2.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Relates to purchases and sales of crude oil.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The majority of derivative instruments held for trading have been entered into for risk management purposes and all are subject to South Bow's risk management strategies, policies, and limits. These include derivatives that have not been designated as hedges or do not qualify for hedge accounting treatment but have been entered into as economic hedges to manage the Company's exposures to market risk.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Notional and Maturity Summary</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The maturity and notional amount or quantity outstanding related to the Company's liquids commodity derivative instruments was as follows&#58;</font></div><div style="margin-top:5pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross sales volumes (millions of barrels)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(34)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(33)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross purchases volumes (millions of barrels)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">27</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net Purchases Volumes (millions of barrels)</font></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(7)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(11)</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Maturity dates (year)</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2026</font></div></td><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2026</font></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Unrealized and Realized Gains and Losses on Commodity Derivative Instruments</font></div><div style="margin-top:6pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="6" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Derivative Instruments Held for Trading</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized losses</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(32)</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Realized gains </font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">100</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gains on Derivatives</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">68</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113&#160;</font></td><td style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Realized and unrealized gains (losses) on derivative instruments held for trading used to purchase and sell crude oil are included on a net basis in revenues in the consolidated statements of income.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     14</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Offsetting of Derivative Instruments</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">South Bow enters into commodity derivative contracts with the right to offset in the normal course of business as well as in the event of default. The Company has no master netting agreements&#59; however, similar contracts are entered into containing rights to offset.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has elected to present the fair value of derivative instruments with the right to offset on a gross basis on the consolidated balance sheets.</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following tables show the impact on the presentation of the fair value of derivative instrument assets and liabilities had the Company elected to present these contracts on a net basis&#58;</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:51.132%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr style="height:20pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As at March 31, 2026</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Derivative Instruments </font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amounts Available for Offset</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net Amounts</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">171&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(162)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">9</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument liabilities</font></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(198)</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162&#160;</font></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(36)</font></div></td><td style="border-bottom:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Amounts available for offset do not include cash collateral pledged or received.</font></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:51.132%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr style="height:20pt"><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As at December 31, 2025</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Derivative Instruments</font></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amounts Available for Offset</font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> </font><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="3" rowspan="2" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net Amounts</font></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument assets</font></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(28)</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">6</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative instrument liabilities</font></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</font></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="2" style="border-bottom:0.25pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(1)</font></div></td><td style="border-bottom:0.25pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="padding-left:10.8pt;text-align:justify;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Amounts available for offset do not include cash collateral pledged or received.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">With respect to the derivative instruments presented above, the Company provided cash collateral of $43 million and letters of credit of $11 million at March&#160;31, 2026 (December 31, 2025&#160;&#8211; $26 million and $11 million, respectively) to its counterparties. At March&#160;31, 2026, the Company held no cash collateral and $69 million in letters of credit (December&#160;31, 2025 &#8211; nil and $70 million, respectively) from counterparties on asset exposures.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Credit Risk-related Contingent Features of Derivative Instruments</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Derivative contracts entered into to manage market risk often contain financial assurance provisions that allow parties to the contracts to manage credit risk. These provisions may require collateral to be provided if a credit risk-related contingent event occurs, such as a downgrade in South Bow's credit rating to non-investment grade. The Company may also need to provide collateral if the fair value of its derivative financial instruments exceeds pre-defined exposure limits. The Company has provided collateral for the derivative instruments with credit risk-related contingent features, recorded within other current assets on the consolidated balance sheets. At March&#160;31, 2026 and December&#160;31, 2025, there were no other derivative instruments that had credit risk-related features for which collateral was provided.</font></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_91"></div><div style="margin-bottom:5pt;margin-top:8pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">9.&#160;Contingencies</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Withdrawal of Keystone Variable Toll Disputes</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Effective September 30, 2025, the Company and associated parties agreed to withdraw all complaints and protests associated with the Keystone variable toll disputes previously filed with the CER, Federal Energy Regulatory Commission, Court of King's Bench of Alberta, and D.C. Circuit Court (collectively, the &#34;Withdrawal of Keystone Variable Toll Disputes&#34;). Pursuant to an associated partial release of indemnification agreement and the Separation Agreement, the Former Parent was obligated to indemnify South Bow for certain amounts agreed to under the Withdrawal of Keystone Variable Toll Disputes.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At March 31, 2026, the Company has gross liabilities of $127&#160;million, with $92&#160;million of partially offsetting receivables from its Former Parent relating to the Withdrawal of Keystone Variable Toll Disputes outstanding. The gross liabilities include amounts subject to indemnification under the partial release of indemnification agreement, as well as additional liabilities that are not subject to indemnification terms, to be paid over the next five years.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     15</font></div></div></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">CER Ruling</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the fourth quarter of 2025, the CER approved the Company's application for collection of the final adjusted variable tolls for the 2020 to 2024 period. As a result of the approval of the final tolls, the Company is no longer subject to interim tolling and has collected the final adjusted variable tolls for the 2020 to 2024 period from its Keystone Pipeline Canada customers as at March 31, 2026.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Milepost 171 Incident</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 8, 2025, the Company responded to an oil release of approximately 3,500 barrels at Milepost 171 (&#34;MP-171&#34;), near Fort Ransom, North Dakota. On April 11, 2025, the Pipeline and Hazardous Materials Administration (&#34;PHMSA&#34;) issued a Corrective Action Order (&#34;CAO&#34;), requiring South Bow to undertake certain corrective actions in response to the MP-171 incident, including the completion of an independent third-party root cause analysis (&#34;RCA&#34;) along with mechanical and metallurgical testing. On April 15, 2025, South Bow safely restarted the Keystone Pipeline under certain operating pressure restrictions after receiving regulatory approval from PHMSA. In early June 2025, South Bow completed the cleanup and reclamation of the incident site.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Findings and recommendations from the RCA were released by PHMSA on February 11, 2026 and are being incorporated into South Bow's remedial work plan. The Company continues to advance remedial actions, with 11 in-line inspection runs and 76 integrity digs completed as of May 7, 2026. The Company continues to be able to meet all contractual transportation services while operating under the CAO.</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Milepost 14 Incident</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2022, the MP-14 incident occurred on the Keystone Pipeline in Washington County, Kansas. As a result of the incident, the Company was subject to an Amended Corrective Action Order issued by PHMSA. By June 2023, the recovery of all released volumes was completed, and by October 2023, creek restoration was finished, returning natural flows to Mill Creek. In January 2025, the Company received PHMSA approval of its remedial work plan. This approval culminated the completion of 2,145 miles of in-line inspections across the Keystone Pipeline System and 68 investigative excavations over a two-year period. In March 2025, South Bow received approval from PHMSA to lift the pressure restriction on the affected segment to 72 per cent of the specified minimum yield strength of the pipeline.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the fourth quarter of 2024, South Bow recognized an additional provision for $30&#160;million for its best estimate of incremental costs relating to the MP-14 incident. South Bow also recognized a receivable for 86 per cent of this amount ($26 million), representing its Former Parent's share of the anticipated incremental cost pursuant to the indemnity clauses in the Separation Agreement. At March 31, 2026, there have been no changes to this estimate.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The remaining balance reflected in accounts payable and other and other long-term liabilities on the consolidated balance sheets was $3 million and $7 million, respectively, at March&#160;31, 2026 (December&#160;31, 2025 &#8211; $3 million and $7 million, respectively).</font></div><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other Proceedings</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to the proceedings above, the Company is subject to various legal proceedings, arbitration, and actions arising in the normal course of business. The amounts involved in such proceedings are not reasonably estimable as the final outcome of such legal proceedings cannot be predicted with certainty. It is the opinion of Management that the ultimate resolution of such proceedings and actions will not have a material impact on the Company's financial position or results of operations.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     16</font></div></div></div><div id="ie374a0db1ecb4341b025582c3eeeb55f_94"></div><hr style="page-break-after:always"><div style="min-height:54pt;width:100%"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font><br></font></div></div><div style="margin-bottom:6pt;margin-top:9pt"><font style="color:#333e48;font-family:'Exo 2',sans-serif;font-size:16pt;font-weight:700;line-height:120%">10.&#160;Variable Interest Entities</font></div><div style="margin-bottom:5pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Consolidated Variable Interest Entities</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain of the Company's assets and liabilities are held through variable interest entities (&#34;VIEs&#34;), in which the Company holds a 100 per cent voting interest, the VIE meets the definition of a business, and the VIE's assets can be used for general corporate purposes. The consolidated VIEs whose assets cannot be used for purposes other than for the settlement of the VIE's obligations, or are not considered a business, were as follows&#58;</font></div><div style="margin-bottom:5pt;margin-top:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">ASSETS</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Current Assets</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">4</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other current assets</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">5</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">11</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Plant, property and equipment, net</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">248</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">249&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net investment in lease</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">39</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">298</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.5pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">296&#160;</font></td><td style="border-top:0.5pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">LIABILITIES</font></div></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Current Liabilities</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts payable and other</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">27</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">27</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32&#160;</font></td><td style="border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other Long-term Liabilities</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">14</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:0 1pt"></td><td colspan="2" style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">41</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td><td style="border-bottom:0.25pt solid #000000;border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-bottom:5pt;margin-top:9pt"><font style="color:#343f47;font-family:'Exo 2',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Non-consolidated VIEs</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The carrying value of these VIEs and the maximum exposure to loss as a result of the Company's involvement with these VIEs were as follows&#58;</font></div><div style="margin-bottom:2pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:67.054%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.822%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.824%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#31534d;border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">March 31,</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31,</font></td></tr><tr><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">U.S.$ millions</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2026</font></td><td colspan="3" style="background-color:#31534d;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#ffffff;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Balance Sheet</font></div></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:0.5pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Equity investments</font></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">636</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">652&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Off-balance Sheet</font></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Guarantees </font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">1</font></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">40</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Maximum Exposure to Loss</font></div></td><td colspan="2" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:700;line-height:120%">676</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#160;</font></div></td><td style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:6pt;text-align:right"></div></td><td colspan="2" style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:100%">693&#160;</font></td><td style="border-bottom:0.25pt solid #000;border-top:0.25pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div><div style="margin-bottom:2pt;padding-left:10.8pt;text-indent:-10.8pt"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:8pt;font-weight:400;line-height:120%;padding-left:4.11pt">Guarantees for the current and comparative period totalled C$56&#160;million.</font></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As at March&#160;31, 2026, the amount due from non-consolidated VIEs of $12 million (December&#160;31, 2025 - $6 million) is included in accounts receivable on the consolidated balance sheets. As at March&#160;31, 2026, the amount due to non-consolidated VIEs of $3 million (December&#160;31, 2025 - $2 million) is included in accounts payable on the consolidated balance sheets.</font></div><div style="height:54pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:400;line-height:120%">South Bow Corporation</font><font style="color:#343f47;font-family:'Open Sans',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> First Quarter 2026 Interim Financial Statements     &#124;     17</font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>soboq12026-ceocertificatio.htm
<DESCRIPTION>Q1 2026 CEO CERTIFICATION (302)
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2026 Workiva -->
<title>Document</title></head><body><div id="ida70e928f4b9421a87dd24593171da12_1"></div><div style="min-height:72pt;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div><div style="margin-top:12pt;text-align:right"><font style="color:#000000;font-family:'Aptos',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit 99.3</font></div><div style="margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">PURSUANT TO RULE 13A-14(A) AND 15D-14(A) UNDER THE SECURITIES EXCHANGE ACT OF </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">1934, AS AMENDED, </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </font></div><div style="margin-bottom:8pt"><font><br></font></div><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">I, Bevin Wirzba, certify that&#58;</font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">1.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:10.5pt">I have reviewed this quarterly report on Form&#160;6-K&#160;of South Bow Corporation&#59;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">2.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:10.5pt">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report&#59;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">3.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:10.5pt">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report&#59;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">4.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:10.5pt">The registrant&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules&#160;13a-15(e)&#160;and&#160;15d-15(e)) for the registrant&#160;and have&#58;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="margin-bottom:8pt;padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(a)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:6.91pt">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared&#59;</font></div><div style="margin-bottom:8pt;padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(b)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:6.34pt">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles&#59;</font></div><div style="padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(c)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:6.91pt">Evaluated the effectiveness of the registrant&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation&#59; and </font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(d)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:6.34pt">Disclosed in this report any change in the registrant&#8217;s internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter (the registrant&#8217;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial reporting&#59; and </font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">5.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:10.5pt">The registrant&#8217;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee of the registrant&#8217;s board of directors (or persons performing the equivalent functions)&#58;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(a)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:6.91pt">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability to record, process, summarize and report financial information&#59; and </font></div><div style="padding-left:54pt"><font><br></font></div><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:134%">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting.</font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div><div style="padding-left:54pt"><font><br></font></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:151%">Date&#58; May 7, 2026</font></div><div style="margin-bottom:8pt;margin-top:8pt"><font><br></font></div><div style="margin-bottom:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:44.180%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:53.620%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:2.65pt;padding-left:0.02pt;padding-right:0.02pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;line-height:9.00pt">&#47;s&#47;&#160;Bevin Wirzba</font></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:1.65pt;padding-left:0.02pt;padding-right:0.02pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;line-height:9.00pt">Bevin Wirzba </font></div><div style="margin-bottom:1.5pt;padding-left:0.02pt;padding-right:0.02pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">President and Chief Executive Officer</font></div><div style="margin-bottom:1.5pt;padding-left:0.02pt;padding-right:0.02pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">(Principal Executive Officer)</font></div></td></tr></table></div><div style="text-align:right"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>soboq12026-cfocertificatioa.htm
<DESCRIPTION>Q1 2026 CFO CERTIFICATION (302)
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2026 Workiva -->
<title>Document</title></head><body><div id="iecf6ae16df5e47b2b3870d3646e16d76_1"></div><div style="min-height:72pt;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div><div style="margin-top:12pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit 99.4</font></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:right"><font><br></font></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:100%">CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER</font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">PURSUANT TO RULE&#160;13A-14(A)&#160;AND&#160;15D-14(A)&#160;UNDER THE SECURITIES EXCHANGE ACT OF</font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">1934, AS AMENDED,</font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002</font></div><div style="text-align:center"><font><br></font></div><div><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">I, Van Dafoe, certify that&#58;</font></div><div><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">1.</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.5pt">I have reviewed this quarterly report on Form&#160;6-K&#160;of South Bow Corporation&#59;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">2.</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.5pt">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report&#59;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">3.</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.5pt">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report&#59;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">4.</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.5pt">The registrant&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules&#160;13a-15(e)&#160;and&#160;15d-15(e))&#160;for the registrant and have&#58;</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">(a)</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.91pt">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared&#59;</font></div><div style="padding-left:54pt"><font><br></font></div><div style="padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(b)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:6.34pt">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles&#59;</font></div><div style="padding-left:54pt"><font><br></font></div><div style="padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(c)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:6.91pt">Evaluated the effectiveness of the registrant&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation&#59; and</font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(d)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:6.34pt">Disclosed in this report any change in the registrant&#8217;s internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter (the registrant&#8217;s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial reporting&#59; and </font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">5.</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.5pt">The registrant&#8217;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee of the registrant&#8217;s board of directors (or persons performing the equivalent functions)&#58; </font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:54pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">(a)</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.91pt">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability to record, process, summarize and report financial information&#59; and </font></div><div style="padding-left:54pt"><font><br></font></div><div style="margin-bottom:8pt"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting. </font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:151%">Date&#58; May 7, 2026</font></div><div style="margin-bottom:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:44.180%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:53.620%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1.5pt;margin-top:2.65pt;padding-left:0.02pt;padding-right:0.02pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;line-height:9.00pt">&#47;s&#47;&#160;Van Dafoe</font></div></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:1.65pt;padding-left:0.02pt;padding-right:0.02pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:9pt;font-weight:400;line-height:9.00pt">Van Dafoe</font></div><div style="margin-bottom:1.5pt;padding-left:0.02pt;padding-right:0.02pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Senior Vice-President and Chief Financial Officer</font></div><div style="margin-bottom:1.5pt;padding-left:0.02pt;padding-right:0.02pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">(Principal Financial Officer)</font></div></td></tr></table></div><div style="margin-bottom:8pt"><font><br></font></div><div style="margin-bottom:8pt"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.5
<SEQUENCE>6
<FILENAME>soboq12026-ceocertificatioa.htm
<DESCRIPTION>Q1 2026 CEO CERTIFICATION (906)
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2026 Workiva -->
<title>Document</title></head><body><div id="i2b45c8cc83924c1cb065c2d20e46e0ec_1"></div><div style="min-height:72pt;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div><div style="margin-top:12pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit 99.5</font></div><div style="margin-top:12pt;text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO</font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">18 U.S.C. 1350</font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">(SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)</font></div><div style="margin-bottom:8pt"><font><br></font></div><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">I, Bevin Wirzba, the President and Chief Executive Officer of South Bow Corporation (the &#8220;Company&#8221;), in compliance with 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, hereby certify, in connection with the Company&#8217;s quarterly report on Form&#160;6-K&#160;for the period ended March 31, 2026 with the Securities and Exchange Commission (the &#8220;Report&#8221;), that&#58;</font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">1.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:10.5pt">the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934&#59; and </font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">2.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%;padding-left:10.5pt">the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.</font></div><div style="padding-left:36pt"><font><br></font></div><div style="margin-top:12pt"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Date&#58; May 7, 2026</font></div><div><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-bottom:8pt;padding-left:235.8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:49.679%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:134%">&#47;s&#47; Bevin Wirzba</font></div></td></tr><tr><td colspan="3" style="border-top:0.75pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:134%">Bevin Wirzba</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:134%">President and Chief Executive Officer</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:134%">(Principal Executive Officer)</font></div></td></tr></table></div><div style="margin-bottom:8pt"><font><br></font></div><div style="margin-bottom:8pt"><font><br></font></div><div style="margin-bottom:8pt"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.6
<SEQUENCE>7
<FILENAME>soboq12026-cfocertificatio.htm
<DESCRIPTION>Q1 2026 CFO CERTIFICATION (906)
<TEXT>
<html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2026 Workiva -->
<title>Document</title></head><body><div id="i9a5a37f486f54f83b7e8013a8ce7fe6e_1"></div><div style="min-height:72pt;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div><div style="margin-top:12pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit 99.6</font></div><div style="margin-top:12pt;text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO</font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">18 U.S.C. 1350</font></div><div style="text-align:center"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:700;line-height:120%">(SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)</font></div><div style="margin-top:12pt"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">I, Van Dafoe, the Senior Vice-President and Chief Financial Officer of South Bow Corporation (the &#8220;Company&#8221;), in compliance with 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, hereby certify, in connection with the Company&#8217;s quarterly report on Form&#160;6-K&#160;for the period ended March 31, 2026 with the Securities and Exchange Commission (the &#8220;Report&#8221;), that&#58;</font></div><div style="margin-top:12pt;padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">1.</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.5pt">the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934&#59; and </font></div><div style="padding-left:36pt"><font><br></font></div><div style="padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">2.</font><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.5pt">the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. </font></div><div style="margin-top:12pt"><font><br></font></div><div style="margin-top:12pt"><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:120%">Date&#58; May 7, 2026</font></div><div><font style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:400;line-height:120%">&#160;</font></div><div style="margin-bottom:8pt;padding-left:244.75pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:47.756%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">&#47;s&#47; Van Dafoe</font></div></td></tr><tr><td colspan="3" style="border-top:0.75pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">Van Dafoe</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">Senior Vice-President and Chief Financial Officer</font></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="margin-bottom:8pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:10pt;font-weight:400;line-height:125%">(Principal Financial Officer)</font></div></td></tr></table></div><div style="margin-bottom:8pt"><font><br></font></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="margin-bottom:8pt"><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>chart-2c02d7591fe547c4a1e.jpg
<TEXT>
begin 644 chart-2c02d7591fe547c4a1e.jpg
M_]C_X  02D9)1@ ! @$ 8 !@  #_[@ .061O8F4 90     !_]L 0P " 0$!
M 0$" 0$! @(" @($ P(" @(%! 0#! 8%!@8&!08&!@<)" 8'"0<&!@@+" D*
M"@H*"@8("PP+"@P)"@H*_]L 0P$" @(" @(% P,%"@<&!PH*"@H*"@H*"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*_\  $0@!
M@ 5  P$B  (1 0,1 ?_$ !\   $% 0$! 0$!           ! @,$!08'" D*
M"__$ +40  (! P,"! ,%!00$   !?0$" P $$042(3%!!A-180<B<10R@9&A
M""-"L<$54M'P)#-B<H()"A87&!D:)28G*"DJ-#4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H
MJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KAXN/DY>;GZ.GJ\?+S]/7V
M]_CY^O_$ !\!  ,! 0$! 0$! 0$        ! @,$!08'" D*"__$ +41  (!
M @0$ P0'!00$  $"=P ! @,1! 4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P
M%6)RT0H6)#3A)?$7&!D:)B<H*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E
M9F=H:6IS='5V=WAY>H*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V
MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:  P#
M 0 "$0,1 #\ _?RBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ KS[]H']I/P'^SCI.F7OBW1?$>KWVN7C6FA:%X4\/3ZC>ZA.J[VCC2)<
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MNV_X)0:!IVB?\$]?AHEG&I-_HTM]>2'EIIY[F661W)Y8EG(R?0#M0![C\/\
MQ_X-^*G@G2_B/\/?$$&JZ)K5DEWIFH6Q.R:)QD'D @]BI ((((!!%;%?+G_!
M)ASIGP'\:_#ZT^73/"/QD\3:/HD*_=BM$NQ(J+Z*&E?CWKZCH **** "BJFJ
MZA=:?&CVNE2W19L%8B,K[\U2_P"$EU?_ *%"]_[Z6@#8HK'_ .$EU?\ Z%"]
M_P"^EH_X275_^A0O?^^EH V**Q_^$EU?_H4+W_OI:/\ A)=7_P"A0O?^^EH
MV**Q_P#A)=7_ .A0O?\ OI:/^$EU?_H4+W_OI: -BBL?_A)=7_Z%"]_[Z6C_
M (275_\ H4+W_OI: -BBL?\ X275_P#H4+W_ +Z6C_A)=7_Z%"]_[Z6@#8HK
M'_X275_^A0O?^^EH_P"$EU?_ *%"]_[Z6@#8HK'_ .$EU?\ Z%"]_P"^EH_X
M275_^A0O?^^EH V**Q_^$EU?_H4+W_OI:/\ A)=7_P"A0O?^^EH V**Q_P#A
M)=7_ .A0O?\ OI:/^$EU?_H4+W_OI: -BBL?_A)=7_Z%"]_[Z6C_ (275_\
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M^$EU?_H4+W_OI: -BBL?_A)=7_Z%"]_[Z6C_ (275_\ H4+W_OI: -BBL?\
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M%"]_[Z6@#8HK'_X275_^A0O?^^EH_P"$EU?_ *%"]_[Z6@#8HK'_ .$EU?\
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MH V**Q_^$EU?_H4+W_OI:/\ A)=7_P"A0O?^^EH V**Q_P#A)=7_ .A0O?\
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M+X^U.WO?%.HW]YK7BR[M#F)]1O)FFE"'NJ;EC![[,]\5['110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M  !<@  "O:: "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M6>*?C%H?@;5/V%O$'PI\875XL_A.V^)G@F?27O[B(AU^SOYKHT@(!"E@20
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MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V**
M,?[%XW_Z#=E_X#'_ !H^Q>-_^@W9?^ Q_P :V** ,?[%XW_Z#=E_X#'_ !H^
MQ>-_^@W9?^ Q_P :V** /YT_^"XB7T?_  5&^*":E.DDP.B[WC7:#_Q)+#''
MTQ7R?7UM_P %U/\ E*E\4_KHG_ICL*^2:ZX_"CX/&?[W4_Q/\PHHHIG.%%%%
M !7]"?\ P0[M?%,G_!+GX7OINJ6T<)&M;$D@+$?\3N_SS]<U_/97]$W_  0K
M_P"45OPL^FM_^GR_K.K\)[.1?[W+_"_S1]/?8O&__0;LO_ 8_P"-'V+QO_T&
M[+_P&/\ C6Q17.?5F/\ 8O&__0;LO_ 8_P"-'V+QO_T&[+_P&/\ C6Q10!C_
M &+QO_T&[+_P&/\ C1]B\;_]!NR_\!C_ (UL44 8_P!B\;_]!NR_\!C_ (T?
M8O&__0;LO_ 8_P"-;%% &/\ 8O&__0;LO_ 8_P"-'V+QO_T&[+_P&/\ C6Q1
M0!C_ &+QO_T&[+_P&/\ C1]B\;_]!NR_\!C_ (UL44 8_P!B\;_]!NR_\!C_
M (T?8O&__0;LO_ 8_P"-;%% &/\ 8O&__0;LO_ 8_P"-'V+QO_T&[+_P&/\
MC6Q10!C_ &+QO_T&[+_P&/\ C1]B\;_]!NR_\!C_ (UL44 8_P!B\;_]!NR_
M\!C_ (T?8O&__0;LO_ 8_P"-;%% &/\ 8O&__0;LO_ 8_P"-'V+QO_T&[+_P
M&/\ C6Q10!C_ &+QO_T&[+_P&/\ C1]B\;_]!NR_\!C_ (UL44 8_P!B\;_]
M!NR_\!C_ (T?8O&__0;LO_ 8_P"-;%% &/\ 8O&__0;LO_ 8_P"-'V+QO_T&
M[+_P&/\ C6Q10!C_ &+QO_T&[+_P&/\ C1]B\;_]!NR_\!C_ (UL44 8_P!B
M\;_]!NR_\!C_ (T?8O&__0;LO_ 8_P"-;%% &/\ 8O&__0;LO_ 8_P"-'V+Q
MO_T&[+_P&/\ C6Q10!C_ &+QO_T&[+_P&/\ C1]B\;_]!NR_\!C_ (UL44 8
M_P!B\;_]!NR_\!C_ (T?8O&__0;LO_ 8_P"-;%% &/\ 8O&__0;LO_ 8_P"-
M'V+QO_T&[+_P&/\ C6Q10!C_ &+QO_T&[+_P&/\ C1]B\;_]!NR_\!C_ (UL
M44 8_P!B\;_]!NR_\!C_ (T?8O&__0;LO_ 8_P"-;%% &/\ 8O&__0;LO_ 8
M_P"-'V+QO_T&[+_P&/\ C6Q10!C_ &+QO_T&[+_P&/\ C1]B\;_]!NR_\!C_
M (UL44 8_P!B\;_]!NR_\!C_ (T?8O&__0;LO_ 8_P"-;%% &/\ 8O&__0;L
MO_ 8_P"-'V+QO_T&[+_P&/\ C6Q10!C_ &+QO_T&[+_P&/\ C1]B\;_]!NR_
M\!C_ (UL44 8_P!B\;_]!NR_\!C_ (T?8O&__0;LO_ 8_P"-;%% &/\ 8O&_
M_0;LO_ 8_P"-'V+QO_T&[+_P&/\ C6Q10!C_ &+QO_T&[+_P&/\ C1]B\;_]
M!NR_\!C_ (UL44 8_P!B\;_]!NR_\!C_ (T?8O&__0;LO_ 8_P"-;%% &/\
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MK347+8Y\1BJ&%2=5VOZ_H?J317Y(_P#$4O\ ]6+?^9._^]E'_$4O_P!6+?\
MF3O_ +V57LY]CF_M;+_Y_P '_D?K=17Y(_\ $4O_ -6+?^9._P#O91_Q%+_]
M6+?^9._^]E'LY]@_M;+_ .?\'_D?K=17Y(_\12__ %8M_P"9._\ O91_Q%+_
M /5BW_F3O_O91[.?8/[6R_\ G_!_Y'ZW45S?P:^(7_"W/A!X4^*W]D?V?_PD
M_AJQU;[!]H\W[-]IMTF\K?M7?MW[=VU<XS@=*Z2H/034E=!1110,**** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH _G9_X+J?\I4OBG]=$_\
M3'85\DU];?\ !=3_ )2I?%/ZZ)_Z8["ODFNN/PH^#QG^]U/\3_,****9SA11
M10 5_1-_P0K_ .45OPL^FM_^GR_K^=FOZ)O^"%?_ "BM^%GTUO\ ]/E_6=7X
M3V<B_P![E_A?YH^MJ***YSZL**** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **^"/^"\?[:?[3'[&/PW^'NO_LU?
M$K_A&[O7-;O;?5)?[&LKSSXXX8V1<74,H7!8G*@$YYK\T?\ A^K_ ,%4O^CI
M?_+(T/\ ^0JN--R5SS,3FN'PM9TYIW7:W^9_1+17\[7_  _5_P""J7_1TO\
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M\%U/^4J7Q3^NB?\ ICL*^2:^MO\ @NI_RE2^*?UT3_TQV%?)-=<?A1\'C/\
M>ZG^)_F%%%%,YPHHHH *_HF_X(5_\HK?A9]-;_\ 3Y?U_.S7]$W_  0K_P"4
M5OPL^FM_^GR_K.K\)[.1?[W+_"_S1];4445SGU84444 %%%% !1110 4444
M%%%% 'SS_P %,_V\_P#AW3^SI;_'[_A57_"8^?XEMM(_LG^W?[/V^=%-)YOF
M^1-G'DXV[.=W48Y^ ?\ B*__ .K"/_,I_P#WKKWC_@YF_P"4=.G_ /92],_]
M)KVOP#KLH4J<X7:..O5J0G9,_83_ (BO_P#JPC_S*?\ ]ZZ/^(K_ /ZL(_\
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M_@]^R1J_Q9\8:?H\&H^($T\VMM;Z7;REA"LMS< CS'"LRICE>0>H'T;7Q?\
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MY1Z***ZS\]"BBB@ HHHH Z7X,?\ )8?"?_8RV'_I0E?U;U_*1\&/^2P^$_\
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MM\?&G7_$FGZ%>_\ !.7XP:;#>WT4$VHWEG;"&U5W"F5\29VJ#N..P-?3%%%
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MGOOA_H_PJ3X>:7XBAB86VJW4]TUW=O;,<>8L65C+#@DC!(.:R_V*/VS?@/\
MLG?LKP_L^_M2_$C3_"'C3X5&[TG6]!U1S'<WD<4\CV\]G&1NNDEA:,J8PV2?
M3!(!Z+_P2N\7^)-8_9BN_ASXJUFXU*Z^''C?6/!Z:A=ONEF@LK@B#<>Y6)XT
M'L@KZ2KYS_X)=?#_ ,9>$?V8I?&?Q \/W&DZO\0?&&K>+KK2KM"LMHM]<%HD
M<'HQB6-B.HWX/(-?1E !1110 454U71[76(TBNI)5"-D>5*5/Z52_P"$'TC_
M )^;W_P+:@#8HK'_ .$'TC_GYO?_  +:C_A!](_Y^;W_ ,"VH V**Q_^$'TC
M_GYO?_ MJ/\ A!](_P"?F]_\"VH V*_F6_X+/_\ *4'XP_\ 8QQ?^DD%?TH_
M\(/I'_/S>_\ @6U?S4_\%DK.*P_X*;?%ZSA9RJ>(H@"[9/\ QZ0=375A?C?H
M<N*^!>I\RT445W'"%%%% !1110!_33_P1@_Y1??![_L7)?\ TKGKWOXR_P#)
M'_%?_8M7W_I.]?./_!&WPGIM_P#\$R?A#>37%T&?P[*2$N6 _P"/N?H*]V^,
M7@K28_A'XID6YO,KX<OB,W3?\^[UY4_XC]3U%_"^1_*_11172?GX4444 %%%
M% '2_!C_ )+#X3_[&6P_]*$K^K>OY1_@X@D^+WA6-B<-XDL0<'_IX2OZH/\
MA!](_P"?F]_\"VK&KT/I,A^"I\OU-BBL?_A!](_Y^;W_ ,"VH_X0?2/^?F]_
M\"VK$^@-BBL?_A!](_Y^;W_P+:C_ (0?2/\ GYO?_ MJ -BBL?\ X0?2/^?F
M]_\  MJ/^$'TC_GYO?\ P+:@#8HK'_X0?2/^?F]_\"VH_P"$'TC_ )^;W_P+
M:@#8HK'_ .$'TC_GYO?_  +:C_A!](_Y^;W_ ,"VH V**Q_^$'TC_GYO?_ M
MJ/\ A!](_P"?F]_\"VH _"+_ (.<?^4A^C?]DNTW_P!+;^OSLK]"O^#EW2[?
M2?\ @H-H]K;/(RGX8Z<V99"QS]LO^Y^E?GK7J4OX2/+K?Q6%%%%:&84444 %
M?OK_ ,&QW_*/#6?^RHZE_P"D5A7X%5^\O_!M%X;L-6_X)\ZQ=7,UPK#XG:BN
M(IRHQ]CL.P^M88G^$=&&_BGZ1U_+9^V7_P G?_%;_LI.N_\ IPGK^GO_ (0?
M2/\ GYO?_ MJ_F!_;$A6W_:X^*<"$E4^(^N*"QR<"_F'-<E+=G!GW\*'JSSF
MBBBMCYH**** "BBB@#^I/]C3_DT#X4_]DVT+_P!-\%>DUY!^QWX-TNX_9'^%
MD[W-V&?X<:&Q"W3 9-A":]'_ .$'TC_GYO?_  +:N1[GZ!2_A1]$;%%8_P#P
M@^D?\_-[_P"!;4?\(/I'_/S>_P#@6U(T-BBL?_A!](_Y^;W_ ,"VH_X0?2/^
M?F]_\"VH V**Q_\ A!](_P"?F]_\"VH_X0?2/^?F]_\  MJ -BBL?_A!](_Y
M^;W_ ,"VH_X0?2/^?F]_\"VH V**Q_\ A!](_P"?F]_\"VH_X0?2/^?F]_\
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M ,"VH_X0?2/^?F]_\"VH V**Q_\ A!](_P"?F]_\"VH_X0?2/^?F]_\  MJ
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M(/I'_/S>_P#@6U &Q16/_P (/I'_ #\WO_@6U'_"#Z1_S\WO_@6U &Q16/\
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M+^(]1!\Z8M_R[Q=,U^/5:T_@/D<W_P!_E\OR044459YH4444 %?J5_P:]_\
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MYM_\&R'_ "9_X[_[*5)_Z;[.OTDKFG\;/MLM_P!QAZ!1114'<%%%% !1110
M4444 %%%% !7S1_P6-_Y1C?&/_L5/_;B*OI>OFC_ (+&_P#*,;XQ_P#8J?\
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M_P#8M7W_ *3O7@G_  1@_P"47WP>_P"Q<E_]*YZ][^,O_)'_ !7_ -BU??\
MI.]>5/\ B/U/47\+Y'\H]%%%=)^?A1110 4444 =+\&/^2P^$_\ L9;#_P!*
M$K^K>OY2/@Q_R6'PG_V,MA_Z4)7]6]8U>A])D/P5/E^H4445B?0!1110 444
M4 %%%% !1110 4444 ?@5_P<X_\ *0_1O^R7:;_Z6W]?G97Z)_\ !SC_ ,I#
M]&_[)=IO_I;?U^=E>I2_A(\NM_%84445H9A1110 5^^O_!L=_P H\-9_[*CJ
M7_I%85^!5?OK_P &QW_*/#6?^RHZE_Z16%88G^$=&&_BGZ)U_+9^V7_R=_\
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MBBK/-"BBB@ K]2O^#7O_ )*]\6/^Q;TW_P!*):_+6OU*_P"#7O\ Y*]\6/\
ML6]-_P#2B6HJ? SORS_?X?UT9^R5%%%<Q]J%%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M/PQ_/5J_8>O-Q'\9GI8?^"C^=G_@NI_RE2^*?UT3_P!,=A7R37UM_P %U/\
ME*E\4_KHG_ICL*^2:UC\*/B<9_O=3_$_S"BBBF<X4444 %?T3?\ !"O_ )16
M_"SZ:W_Z?+^OYV:_HF_X(5_\HK?A9]-;_P#3Y?UG5^$]G(O][E_A?YH^MJ**
M*YSZL**** "BBB@ HHHH **** "BBB@#\\_^#F;_ )1TZ?\ ]E+TS_TFO:_
M.OW\_P"#F;_E'3I__92],_\ 2:]K\ Z]##?PCS\3_%"BBBN@YPHHHH *_0S_
M (-F?^4BU_\ ]DUU/_TILJ_/.OT,_P"#9G_E(M?_ /9-=3_]*;*LZO\ "9I2
M_BH_?ROQ(_X.;_\ D\#P)_V36/\ ].%Y7[;U^)'_  <W_P#)X'@3_LFL?_IP
MO*\^G\8LY_W%^J/S:HHHKH/D HHHH **** /VX_X-D/^3/\ QW_V4J3_ --]
MG7Z25^;?_!LA_P F?^._^RE2?^F^SK])*YI_&S[;+?\ <8>@4445!W!1110
M4444 %%%% !1110 5\T?\%C?^48WQC_[%3_VXBKZ7KYH_P""QO\ RC&^,?\
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MW_X$P4?\-<_'#_HQGQW_ .!,% 'O5?S+?\%G_P#E*#\8?^QCB_\ 22"OWO\
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M?\=_^&[@_P#EG1[2'</[)S#^3\5_F?!=%?>G_#B#XX?W_'?_ (;N#_Y9T?\
M#B#XX?W_ !W_ .&[@_\ EG1[2'</[)S#^3\5_F?&'P8_Y+#X3_[&6P_]*$K^
MK>OPI\&?\$0OCAX0\8:3XL^S>.[C^R]3@N_L_P#PKZ!/-\N17V[O[2.W.W&<
M'&>AK]7/^&N?CA_T8SX[_P# F"LZDE*UCV\HPM?"QFJJM>W;S['O5%>"_P##
M7/QP_P"C&?'?_@3!1_PUS\</^C&?'?\ X$P5D>P>]45X+_PUS\</^C&?'?\
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MARJ1LK6W7==F?:U%>"_\-<_'#_HQGQW_ .!,%'_#7/QP_P"C&?'?_@3!6)]
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "OE'XR^.OC?^U3^V!JW[&WP5^+&H^
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MM7XJ?\$^OV,_CEX^U+XH_%;X#:3KFO:O'%'J.I74\^Z811K$G"R!59415W
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MB;Q#::=X1\0_'/Q1X@L-:NY@EN=-5XHA<;CQM+0R<CJ1@9H YC]KKX6_%/\
M8.^$$7[4GPI_:[^*OB76]"UW38K_ ,->.?%7]IV'B**YNXK>2V%LR*L$A$A9
M6B"E0C8&<,/0?V\+CQUXP^/'P+_9Z\(_&/Q7X*M/&NMZY)KFI^#M5%G=M;66
MFFXVB1D=<;ROWE(Y]<&JGP\\+^,_V_?BEH7[1GQ1T*[T7X2^$]074?AAX0U"
M$QW/B&]7(BUR]C/,<2@DV\)Y.?,; (#^R_'C]E+]G?\ :>DT@_'GX86'B4Z
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M\\V_\3I<W,8EN+J8 ?9X I>,6ZC+-N+DJ$S]J5\Q?\%6_P#DAG@K_LLOA?\
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MM;S"X;S,]<$?8_@74M:UGP1HVL>)++[-J-WI5O-?V^W'E3M$K.F#TPQ(Q[4
M:M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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MA?Q%_P""?'P2^(/CS5?B-;>,/B%X:U#7I_/UR/PC\0-0T^WOI=H4N\*2; 2
M =H4'&>I)KT#X%?L]?"#]FOP6? /P9\&PZ1I\ER]U=MYSS3WEP^-\\\TK-)-
M(<#+.Q.  ,  #M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M"6_[-'A3Q'I_BC2]?^(37.FWL5U;K<_$349(S)&X=0R-+AUR!E3P1P:^CJ*
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BN/^/GQ\^$O[,'PEU;XY_'/Q9_8?A;0_(_M35/
ML$]SY'G3QV\7[JWCDD;,LL:_*IQNR< $CYM_X?X_\$F/^CK_ /RQ=>_^0:I0
ME):(ESC%ZL^PJ*^/?^'^/_!)C_HZ_P#\L77O_D&NQ^ ?_!77_@GE^T_\6M)^
M!GP,_:#_ +<\4ZYY_P#9>E_\(GJUMY_DP27$O[VXM(XUQ%%(WS,,[<#)(!;I
MS2V8E4@WNCZ1HHHJ"PHHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MG4? NE^,?AY_P4-^->F>(+C2H+F"37==M=5T]9GC5_WEK);KYBY/0N.*WO\
M@K'_ ,H[?BG_ -@&/_TJAKV/P)JVE:#\(-%UK7-3M[*SM/#EM+=7=W,L<4,:
MP*6=V8@*H')).!4'HGBW[*7[3/C7XP?"KXD?#;]HK;H_CSX77EUHWC6^\-L8
MQ/%Y#/#J5J",QF2,,ZC'#)D  A1=^%?[2?P!^!'[$O@;XH:K\5/%.O>'+ZTM
M[+P[JGB"WEO=<UVXE9Q%"(HU+S3L58*H'"IR<*37D?[(VH)\7M?_ &L_VM_#
M,<C>$_'5U'IOA:]9"J:A%I6FSVTEU'G&Z-VD&&]58=5(%_\ 9E_9EM?VF_\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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MJ0""" :\Y\*?\$R?V<?".M:7?6OB#XA7>F:)>0W.C^&-1^(NI3:99O$X>+;
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M)X+@MO#?B+4[^]U/19#OMV-YQ/$J'A(2ORB,?*J\ 8KOJ* /$_A?^P#^S_\
M"KPKKGPZTM_%&J^%-=TB32Y?"'B/Q;>7^F6=G(VYHK:"5R(.?XE^<=FSS6!I
MW_!+G]EB+P_-X0\3#QCXET8:7/8:3HOBGQM?7]GHT,L30DV<$LA2%U1R$DP6
M3JI!YKZ+HH \R^)_['_[/_QG\.>%/!_Q1\#IK6E>#87CT73[V=S$%:T:T_>
M$;R(VRK=5<*X(8 US7P\_P"">G[//P_^(VE_%&XF\6>)M4\/NS>&%\:>,;W5
MH-%8C&ZVCN)&5& P QW,N 001FO<J* ./NO@9\/;SX[VG[1\]A<'Q39>&)-
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BB
8B@ HHHH **** "BBB@ HHHH **** /_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>chart-5607695f5f4f4d0088a.jpg
<TEXT>
begin 644 chart-5607695f5f4f4d0088a.jpg
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MGSXQ^%M4\8:@UGH4OB_X?2Z=!/(J;WP\KY(1?F8J#M')XH ^C**** "BBB@
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 5!JFJ:;H>F7.M:S?PVEG9P//=W5Q($CAB12S.S
M'A5 !))X %3USGQ=^%GA'XW_  SUKX2>/K>XET7Q!8O9ZE%:W+0R/"WWE#KR
MN>G':@#XM^.>GZK^UK^S[\7OVX_&ME/#X5TKX::_IWP4T6[C*$6CVDL=SKDB
M-R);H#9%D K  <$R;J^N_P!EW_DV;X=?]B)I'_I%%7S9^T7_ ,$I?A-9?LV^
M,=+^#VH?$>_UR'PE>1>&]%D^(E_+!/<"!A# 89)?+9"P5=C?*1P>*ZKP?X%^
M*'["/[#]A>?L_P#P:\1>/?&,UOI,VJ>%-7\2S3R0W#Q017(C:0OY<<>TXCC^
M5>O0&@#ZCKY7_9^E_P"&K/VZO&W[3MP?/\*?"V.7P/\ #YCS'-J!P^K7R>^=
MENKJ2&0'N*]:_:N\4?&S0/V:/$>H_ ;P)=ZIXZO=*%KH.FVDT>ZVNI\1^<79
M@F(=S29S@^6!WJW^RC\ =$_9?_9Y\*_ [1'67^P],5+^[4?\?=XY,ES.<\_/
M,\C<] 0.U '@WQ>_:F^(O_!/OXP^);;XVSZ[XS\">.(IM0^%UQ% 9[JTUI5
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M\:VUQ<%KB]$CV]M;PPD#_5Q,S,V?3Y<#=],U\J_'KX<?MW>$?VN;SXY_L?\
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M2_LI>*?C_P"// 'Q-\!?':_\":[\/[G4I=.O[+0K;4#)]MMEMY/DN<HK",,
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M>TI]T?57_"#Z1_S\WO\ X%M1_P (/I'_ #\WO_@6U?*O_#_'_@DQ_P!'7_\
MEBZ]_P#(-'_#_'_@DQ_T=?\ ^6+KW_R#1[.IV8>TI]T?57_"#Z1_S\WO_@6U
M'_"#Z1_S\WO_ (%M7RK_ ,/\?^"3'_1U_P#Y8NO?_(-'_#_'_@DQ_P!'7_\
MEBZ]_P#(-'LZG9A[2GW1]5?\(/I'_/S>_P#@6U'_  @^D?\ /S>_^!;5\J_\
M/\?^"3'_ $=?_P"6+KW_ ,@T?\/\?^"3'_1U_P#Y8NO?_(-'LZG9A[2GW1]5
M?\(/I'_/S>_^!;4?\(/I'_/S>_\ @6U?*O\ P_Q_X),?]'7_ /EBZ]_\@T?\
M/\?^"3'_ $=?_P"6+KW_ ,@T>SJ=F'M*?='U5_P@^D?\_-[_ .!;4?\ "#Z1
M_P _-[_X%M7D/P%_X*6?L4_M/^%_%?C'X$?&==>L/!,-K)XDE.@W]D;;[3YH
M@4"[@B\QG,$@ 3=RH!QD9\<^)7_!0[XL:]JDL?PXM;30=/5B(&DMDN+EQZN7
M!09ZX"\=,GK7RW$?%V3<+J*QLGSRU48J\K=[-I)>K5^FS/:RG),?G-WATN5;
MR;LO3K?Y(^P?^$'TC_GYO?\ P+:C_A!](_Y^;W_P+:OC[X:_\%#OBQH.JQ1_
M$>UM->T]G G:.V2WN4'JA0!#CK@KSTR.M?8O@KQGX=^(7A:R\9>%-06YL+^$
M202C@^A4CLP((([$$4N'>+LEXGC)8.34XZN,E:27?=IKT;MUW0\UR/,,G:]N
MERO9K5>G3\41_P#"#Z1_S\WO_@6U'_"#Z1_S\WO_ (%M6Q17TYXYC_\ "#Z1
M_P _-[_X%M1_P@^D?\_-[_X%M6Q10!C_ /"#Z1_S\WO_ (%M1_P@^D?\_-[_
M .!;5L44 8__  @^D?\ /S>_^!;4?\(/I'_/S>_^!;5L44 8_P#P@^D?\_-[
M_P"!;4?\(/I'_/S>_P#@6U;%% &/_P (/I'_ #\WO_@6U'_"#Z1_S\WO_@6U
M:D]Y:6HS<W4<?&?WC@<>O-4Y_%OA2US]J\3:?'CKYE[&,?F:B56G#XI)?,I0
MG+9%?_A!](_Y^;W_ ,"VH_X0?2/^?F]_\"VJ.?XG_#6U.+GXAZ''SCY]6A'/
MIRU4I_CE\%+8?Z1\8/"Z<=&U^V!/_C]<TLPP$/BJQ7_;R_S-5A<3+:#^YFC_
M ,(/I'_/S>_^!;4?\(/I'_/S>_\ @6U8,_[2/P"ML^9\8?#QP,_N]4C?_P!!
M)JG/^U;^SK;9\SXM:4<''[MV?_T%37/+.\EA\6)IK_M^/^9JLNS"6U&3_P"W
M7_D=5_P@^D?\_-[_ .!;4?\ "#Z1_P _-[_X%M7$S_ME?LT6_P#K/BG;'G^"
MQN6_E&:I3_MS?LQPC]W\0Y)>,_N]&NQ^'S1"N>7$W#</BQM+_P &0_S-5D^;
M2VP\_P#P&7^1Z'_P@^D?\_-[_P"!;4?\(/I'_/S>_P#@6U>83_M\_LX0Y\OQ
M#J$N/^>>DRC/_?0%4Y_^"AG[/L1Q&-<EYQ\FFK^?S.*YY<8<+0WQM/\ \"3_
M "-5D.<RVP\__ 6>M_\ "#Z1_P _-[_X%M1_P@^D?\_-[_X%M7B\_P#P4?\
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MY7Y?D&W"-GGTIKC''3=J>58E^L$OU$\BPT5>6-I?^!-_H?=__"#Z1_S\WO\
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MP?\ !:SX!0X\S]A;Q#+S_P M/C)&,_\ ?.C"KD'_  6__9UAQYG_  3TU67
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M]#7KO_@)/_A1_P -@_LL_P#0UZ[_ . D_P#A7<_\,C_LX?\ 1*-._P"^Y?\
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M)U+_ , ;W_XW72O^QA^S+(Q=OA;!D^FHW0'Y"6D_X8M_9D_Z)=#_ .#.Z_\
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M ,9K8_X8@_9>_P"B8_\ E:O?_CU'_#$'[+W_ $3'_P K5[_\>H_XV7_U"?\
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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MVE_C3X<^ WPW-F-<\4:BMEIK:A.8X%D(+9=E5BJ@*22 ?I7M'CO_ ()C:_X
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M?7[0L/P'_P"&9O\ A+O-\.VVJ?VK_P )G]@QYTDJ>7Y7V.;IY6=V[G=T&.?
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M0;;_ /7!/_016<X*.QZN68ZMC>?G25K;>=_-D]%%%9GK!1110 4444 %%%%
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M4+*=H7D4  +YBA)"   7(   H ]IHHHH **** "BBB@ HHHH **** "BBB@
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MHHH **** "BBB@ HHHH _+W_ (.F_P#DU3X;_P#90G_](9Z_#FOW&_X.F_\
MDU3X;_\ 90G_ /2&>OPYKT<-_"1YV)_BL****W,#ZL_X)]?&W]ESPC^SU\>?
MV>?VG?B7K7A2T^)^F:!!IFK:)X<;4Y(VL;Z2YD_=AT'/R+RP^\3VP8/VB_\
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MO_90-+_]%W-:4OXJ,ZO\)G\_-%%%>H>6%%%% !1110 4444 %%%% !7[;?\
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M% &/]B\;_P#0;LO_  &/^-'V+QO_ -!NR_\  8_XUL44 8_V+QO_ -!NR_\
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MXDVC';BK%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M1:_UK\G?^'#'QL_Y^?'?_AN[;_Y:U^EO[*OCSXV?LR_LY^#O@!_PR1X[UO\
MX1/1(M/_ +6\NVMOM6S/S^5YK[,YZ;V^M9U)1DM#U<IP6)PU:4JL;)KNOT9]
M:T5X7_PUA\;/^C'_ !W_ .!5M_\ %4?\-8?&S_HQ_P =_P#@5;?_ !59'O'N
ME%>%_P##6'QL_P"C'_'?_@5;?_%4?\-8?&S_ *,?\=_^!5M_\50![I17A?\
MPUA\;/\ HQ_QW_X%6W_Q5'_#6'QL_P"C'_'?_@5;?_%4 >Z45X7_ ,-8?&S_
M *,?\=_^!5M_\51_PUA\;/\ HQ_QW_X%6W_Q5 'NE%>%_P##6'QL_P"C'_'?
M_@5;?_%4?\-8?&S_ *,?\=_^!5M_\50![I17A?\ PUA\;/\ HQ_QW_X%6W_Q
M5'_#6'QL_P"C'_'?_@5;?_%4 >Z45X7_ ,-8?&S_ *,?\=_^!5M_\51_PUA\
M;/\ HQ_QW_X%6W_Q5 'NE%>%_P##6'QL_P"C'_'?_@5;?_%4?\-8?&S_ *,?
M\=_^!5M_\50![I17A?\ PUA\;/\ HQ_QW_X%6W_Q5'_#6'QL_P"C'_'?_@5;
M?_%4 >Z45X7_ ,-8?&S_ *,?\=_^!5M_\51_PUA\;/\ HQ_QW_X%6W_Q5 'N
ME?G[_P '*W_*-Y?^R@:7_P"B[FOH[_AK#XV?]&/^._\ P*MO_BJ^?O\ @I7X
M%^-G_!0_]FX?L^?\,X^._!^/$%KJ?]K_ -G6VH?ZE9!Y?E?:(>OF?>W\8Z'-
M73:C--D5$Y0:1_/917Z(?\0^'QL_Z"_CO_PVUM_\MJ/^(?#XV?\ 07\=_P#A
MMK;_ .6U=_UBCW.#ZO6['YWT5^B'_$/A\;/^@OX[_P##;6W_ ,MJ/^(?#XV?
M]!?QW_X;:V_^6U'UBCW#ZO6['YWT5^B'_$/A\;/^@OX[_P##;6W_ ,MJ/^(?
M#XV?]!?QW_X;:V_^6U'UBCW#ZO6['YWT5^B'_$/A\;/^@OX[_P##;6W_ ,MJ
M/^(?#XV?]!?QW_X;:V_^6U'UBCW#ZO6['YWT5^B'_$/A\;/^@OX[_P##;6W_
M ,MJ/^(?#XV?]!?QW_X;:V_^6U'UBCW#ZO6['YWU^XG_  :Q_P#)K'Q)_P"R
M@1_^D,-?)?\ Q#X?&S_H+^.__#;6W_RVK[B_X)8_ GXV?\$T/A7XE^&?_"AO
M'?C7_A(?$"ZG]M_L>VTW[/B!(O+V?:I]_P!S.[<.N,=ZRK5:<Z=DS6C2J0J7
M:/T6HKPO_AK#XV?]&/\ CO\ \"K;_P"*H_X:P^-G_1C_ ([_ / JV_\ BJXC
MM/R2_P"#C_\ Y2$VG_9.]-_]'W=? E?KO_P4@_X)]_&S_@H+^T+#\>/^%<>.
M_"/E>';;2_[*_P"$6MK_ #Y,DK^9YOVZ'KYN-NWC;U.>/ O^'#'QL_Y^?'?_
M (;NV_\ EK71&<5&Q\KC,MQM7%3G&%TWW7^9\"T5]]?\.&/C9_S\^.__  W=
MM_\ +6C_ (<,?&S_ )^?'?\ X;NV_P#EK3]I#N<W]DYA_)^*_P SX%HK[Z_X
M<,?&S_GY\=_^&[MO_EK1_P .&/C9_P _/CO_ ,-W;?\ RUH]I#N']DYA_)^*
M_P SX%HK[Z_X<,?&S_GY\=_^&[MO_EK1_P .&/C9_P _/CO_ ,-W;?\ RUH]
MI#N']DYA_)^*_P SX%HK[Z_X<,?&S_GY\=_^&[MO_EK1_P .&/C9_P _/CO_
M ,-W;?\ RUH]I#N']DYA_)^*_P SX%HK[Z_X<,?&S_GY\=_^&[MO_EK1_P .
M&/C9_P _/CO_ ,-W;?\ RUH]I#N']DYA_)^*_P S]G_V1/\ DT[X8?\ 9.]$
M_P#2"&O0Z^:?A#\<_C9\*OA/X7^%_P#PQKX[O_\ A&_#MEI?V[?;1?:/L\"0
M^9LWMLW;,[=QQG&3UKHO^&L/C9_T8_X[_P# JV_^*KF>Y]C!-029[I17A?\
MPUA\;/\ HQ_QW_X%6W_Q5'_#6'QL_P"C'_'?_@5;?_%4%'NE%>%_\-8?&S_H
MQ_QW_P"!5M_\51_PUA\;/^C'_'?_ (%6W_Q5 'NE%>%_\-8?&S_HQ_QW_P"!
M5M_\51_PUA\;/^C'_'?_ (%6W_Q5 'NE%>%_\-8?&S_HQ_QW_P"!5M_\51_P
MUA\;/^C'_'?_ (%6W_Q5 'NE%>%_\-8?&S_HQ_QW_P"!5M_\51_PUA\;/^C'
M_'?_ (%6W_Q5 'NE%>%_\-8?&S_HQ_QW_P"!5M_\51_PUA\;/^C'_'?_ (%6
MW_Q5 'NE%>%_\-8?&S_HQ_QW_P"!5M_\51_PUA\;/^C'_'?_ (%6W_Q5 'NE
M%>%_\-8?&S_HQ_QW_P"!5M_\51_PUA\;/^C'_'?_ (%6W_Q5 'NE%>%_\-8?
M&S_HQ_QW_P"!5M_\51_PUA\;/^C'_'?_ (%6W_Q5 'NE%>%_\-8?&S_HQ_QW
M_P"!5M_\51_PUA\;/^C'_'?_ (%6W_Q5 'QC_P '3?\ R:I\-_\ LH3_ /I#
M/7X<U^^7_!4[X%_&S_@I=\*?#?PQ_P"%#>._!7_"/>(3JGV[^Q[;4OM&8'B\
MO9]J@V??SNW'IC'.:^'?^(?#XV?]!?QW_P"&VMO_ );5VT:M.%.S9Q5J52=2
MZ1^=]%?HA_Q#X?&S_H+^._\ PVUM_P#+:C_B'P^-G_07\=_^&VMO_EM6OUBC
MW,OJ];L?G?17Z(?\0^'QL_Z"_CO_ ,-M;?\ RVH_XA\/C9_T%_'?_AMK;_Y;
M4?6*/</J];L?G?17Z(?\0^'QL_Z"_CO_ ,-M;?\ RVH_XA\/C9_T%_'?_AMK
M;_Y;4?6*/</J];L?G?17Z(?\0^'QL_Z"_CO_ ,-M;?\ RVH_XA\/C9_T%_'?
M_AMK;_Y;4?6*/</J];L?G?17Z(?\0^'QL_Z"_CO_ ,-M;?\ RVH_XA\/C9_T
M%_'?_AMK;_Y;4?6*/</J];L?>O\ P;4?\HWW_P"R@ZI_Z+MJ_0.O@G_@FGX$
M^-G_  3O_9O/[/G_  SCX[\89\0W6J?VO_9MMI_^N6)?+\K[1-T\O[V_G/08
MKZ"_X:P^-G_1C_CO_P "K;_XJN"HU*;:.^FG&"3/=*_GA_X+P?\ *4OXD_\
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M[)S#^3\5_F? M?UJZ7_R#;?_ *X)_P"@BOPD_P"'#'QL_P"?GQW_ .&[MO\
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M;I?Q*_8__;D^%?P7\,_M >-_'/A/XIZ?KB:OHGC_ %TZK<Z5-86JW$=Y!<2
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M1BQQGYJ]D_8_^,/B7XV?LH>!?C5\1+6&QU/7/"UO?:J0HCBWE/FF /"(^/,
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MZ8N >V?+3\J;X3T/2'_X+->+=:?3H3=1? >P\N<H-RE]2*L<^I5%7/7 QTH
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M _!_QY\:-$T[PSX/^/\ XB\ V:7QDURX\+00"]O[?80(8[B56-J0^UO,0$D
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MJS^PQ\;[U?\ @G/X,^//QM\7:EJ,D'A674-?UFXBFO;F18Y9=SE8U>20A5Z
M$X%>;_#SQIH/[9_QR^)?[6?AJZ^V^"_ GPX?POX$N",QS7UW:"]U*X4?PR(K
MVUN?8,*ROV>?VF=8_9@_X)1_!37/"7A"WUSQ'XLO;#POX7L;Z[,%K_:%Y<W
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M2OC9XL\$>!/A1HFEMKG_  @VK'3]0UC5]0C:>-6NU!=((X%P43&6/)Z =/\
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M])^ _P"SY\)?V:? B_#GX.^%ETS3FNI+N[9YWGGO+F3'F7$\TA9Y9&P,LQ/
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M&1GP3@Y 7)V@9->1Z)_P1Z_8^\,Z;'HWANY\?:?9Q$F*TL?B#J$429))PJR
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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MX[_Z8=1KX]K["_X('?\ *6?X4?\ <=_],.HUM4_AOT,:?\1>I_2-7/\ Q4\
MR_%#P!J/@.#QWX@\,MJ,:*-=\*WRVVH6FV17S#*Z.$)V[3E3\K,.^:Z"BO*/
M5/@?XC?LZ_$WPA^VW\-_V;--_;T^/CZ%XP\,ZQJ.IW<_CB W<4MHJ&,1,+4(
MJG<=P9&)[$5].^'[+P#^PM\$=;\4_&+]I#Q?KNAV5XU_>^)/B/K"7UU;AUCB
M6WB,,,992RC9$J,Q>1L9W #S7XX?\I7_ (&?]B'XG_\ 0(ZB_P""GYMXM3^
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M$8+DE069<'(&#7"?\%$?B_X!^-?_  2I\>_%OX0^+H=6T/5O#\$VG:E9EEW
M7T"L"& 9'5@RLK ,K @@$$5Y/_P34\,_MFZY\%O$A^&'QT\ :)=P_$?7%\7:
M7K_@:XO=0AU7[4WFFXE2]BW,R^61E!A<#G&:O?M$_LO^,/V4O^"47QV\'^-?
M'^G^(+KQ!XAN/$22:5I+65M9"[N[(M;11-)(519$D8?-TDQVR0#U[3O^"F?[
M./A3PYIEUJVD>.CX6@A@M+CXC0^!;Y_#J2@+&3]N";73?\OF*&0GHQ'-6?V[
MOVXYOV9-(\!#P-X6US6YO&'C'1K;^TM'\-7%_:-I\UR#-'%-&OERW4T*.L,*
ML9&W;@N ">J\4W?PJ7_@GY?7<KV/_"&?\*B<IROD&P_LSY0.V-F /PQ7RGX@
M7Q';_P#!.7]CA_%YE6XC^+W@=BUP2"MMOG\@G/0>3Y>/;% 'W-\&_BWI_P :
M/";^+M-\#>+/#\<=Z]L;'QEX;N-*NR556WB&=0QC.[ ?&"0P[&O'OVG_ (E^
M//&W[5WPR_8U^&/BR_T1=0AF\7?$#5-*N&ANH]$M'V16R.OS(MS<_NG92&"K
M@'YB*^C:^5/![B#_ (+,^,(-6&)Y_@+8/I)?J;9=3Q+M]O-Z^XH Z+]O[5/V
MN!\/M<M?@-K>G>$/#>E>"M1UKQ%XZ$XFU+?;PR2+86<& (G<(";EB=BL=H#J
M,]Q^R!K.N?$7]C3X:Z_XRUZ^O=2USX<:3/JFIR7;BYGFFL8FDE,H(82%F+;P
M<Y.<YJ[^U]_R:9\4?^R=:W_Z035E?L%_\F/_  ?_ .R9:'_Z00T <A^P1\5_
MB!?W?Q$_9=^,OB>YUOQ7\)?%(L#KE\V;G5-(ND-QIUU,>\K1;E8]_+!)))-?
M1%?*GP,D%Q_P5J^.K:4/W$'@/PU'JQ0\?:C&S1;O?RB<>U?5= !1110 4444
M ?)'_!=7_E%;\4O^X'_Z?-/K^=JOZ)?^"ZO_ "BM^*7_ ' __3YI]?SM5T4O
MA/E,]_WN/^%?FPKZW_X(5?\ *5+X6_\ <<_],>H5\D5];_\ !"K_ )2I?"W_
M +CG_ICU"KE\+/.P?^]T_P#$OS/Z):***Y#[P_/W_@FY^U[\;_#WCC3_  1^
MU#XXO=<\.?%?6-7/PY\2ZG.TAL=2LKZ>UFTB21CQOCACEB' RVU<ECCW_P".
M?Q!\<:%_P4&^ _P^T;Q7?VVAZ]HGBN76M)AN&6"]>"UMVA:1!PY1F8KGH2:\
M<_9*_9I\/?M7?\$O3\+-5OVT[41XRU^^\,Z["2)M(U2'6+MK:ZC8?,"K<'!!
M*,XR,YKG/@W^T=XF^//[<G[/OAOXMZ>NF_$GP%9>-= ^(6DX VWL5E:[+M .
M##<)^\1@-I.\+D*"0#ZO^./[9_PD^!OC:U^%MUI'BCQ5XNN[$WR^%/ OAN?5
M;^*TW;?M$L<0Q%'NX!<@GL#3/#/[;/P5\<? _7/CIX%@\1ZS:^&[A[77/#NG
M>&+J76K*\0@-;2V(3S4D!8$DC8%RQ8*I8?-?P6T3]I[6OV^_VD;3X4?%SP;X
M;UL>(-)DO+;Q7X3FU&YN=-^Q 6;PLEU#MA5200 P#,,D9 KUWX)?LI?&'X.^
M.OC%\=?BS\5]#\0:C\1M#M!>6/ASPY)I]O%-9VLL*RA'GERS(P!.>2">] !_
MP3[_ &Y=8_:I^&7AN;QI\,/&5GKVI:;<7E[KK^"KJWT)]L[A4AO67RI#LVJ,
M')*MW!KZ!\:>-/"GPZ\):CX\\<Z];:7H^D6<EUJ6H7<FV.WA0;F=C[ =.IZ#
MFO!O^"2<D<O_  3H^%K1N& T6<$J<\B\G!'YC%8W_!9!;AOV%-;\_P W^R!X
MCT0^)/*S_P @_P#M&#S,XYVYV9H Y+]J?_@HI\$/B=^R#\1M.TWPQX^T*P\1
M> -7M_"OBOQ)X(O+#2=8G>RE\I+>Z==NZ3_EF'V;S@+EB ?8_A3\;_AK\ /V
M"_AW\5?C!XKCTO2+3X>:"LMQ(CR232O90!(HXT!>61V. B@D_0$U5_X*-'P*
MW_!//XHG56L?[(/@.Y.G$%?)\WRQ]CV8X_UWD[,=]N.U?-W[2$?C>3X-?L1C
MP[XETK1K(W>C!=4\0:<UWI]MJAT>+[ TT2R1[CN\X+\ZX8YSQB@#Z@^$W[>/
MP;^*?Q'L?A)J'ACQKX+\1:Q;27'A_3/'_A&XTEM8BC&Z1K5I1ME*K\Q7(;&3
MC@X\1F_:,\#? '_@IU\8[CQDNMZE=ZIX/\,V^A>'/#>CSZEJ&H2B*9W$%M K
M,P51EG.%7C)!(!Z_XA?L>?MC?&WQS\//$GQ@_:/\"S6O@#Q[8>);9= \ W%I
M<S&!B)+?S7O9 J21LRL-O)"DYQ@T/@]+X63_ (+(?&"*^: :R_PPT3^SM^/,
M-N"GG[>^-WD9Q[4 >P?!#]LWX-_'F7Q!HWARW\1Z3XA\+6XN-?\ !WB3PU<V
M>L6L)4LLGV1E+RAL8'E[R25'5E!\H_9<_P""C]W\;/BIXT\&:[\%OB,MK;_$
M;^P_#T]M\.KWR-,MU@MD(U&;9BUD\YI9'67:T:.NX "I/B.UM-_P6#^&R>$R
MIU&+X1:P?%GD?>&GFX7[*)<?P_:,XSWJS_P3=91X[_:1A+ ./VA-88H3R 8+
M;!QZ'!_*@#Z0\9^+=$\ ^#]6\=>)KKR--T739[_4)L9\N"&-I)&_!5)KYZ_8
MX?\ :*^._P"REK7QRU[XM7V@>+/BK+<:KX7:XMA?6OA2P8E+&*"UD(C<"(+*
MQ.#(TN6)P*[+_@H?%J<W["GQ<32 QF_X5]JA8)U\L6SF3_QS=6I^ROXD\):)
M^QA\.?%4^JVEAHEG\,](N)+RXG6.&VMTT^)BSN2 JJH.2>!@YH ^=_VN/@5\
M4_V./V=];_:I^'W[;_Q7U+Q3X06WOI[;QCXG%[H^K[IXXWMI+'8L4:OO*IY>
MUE) R3S7?_MM?%SXE? GP?\ #S]L[1M8U*PT/0=6LH/B5X3:X9K:?2=0,<,D
MK1]/M%M,\91@ 3N8,2O%9.CZ9XC_ ."E'C_2_B!XBTRYTSX">%]52^\-:7>0
MM'/X\OX6S%?3(P!33XV&Z*-AF8@.PVX4=9_P5:N-+M?^">/Q4EUC9Y)\.A$W
MG \UKB)8OQ\PICWQ0!]!QR1RQK+$X96 *LIR"#W%+7,?!*+4X?@SX1AUL,+U
M/#%@MV'^]YHMX]^??.:Z>@ HHHH ***\(_: \=_M>^'_ (B2:=\&?!OV[1!:
M1,D_]GI)F0@[QN+#OBO+S?-:63X7V]2G.:NE:$>:6M];=M-SLP."GCJWLXRC
M%VO>3LOO[DW[9/[4-Y\$=+M_"'@IHSXAU.$RB>10PLH,E1)M/!9B"%!R/E)/
M8'XG\1^-?&'B_46U?Q3XGO\ 4+EFW&:[NWD8'VR>![#@5T7Q^UCXKZ[\1Y]2
M^,VEO9ZV]M$'MW@$86(+A-J@D8/)X[YKBJ_F'C/B;'Y]F]3F<HTHNT8.ZLEU
M<?YGN[ZK;9'[#P_E&%RW PY4G-J[DM;W[/MV^\]8^ G[6_Q)^#VN6]OJFM7>
MKZ SA;O3+N8R&-.[0LQRC <@9VGN.X^^M$UG3/$>C6GB#1KM9[.^MDGM9DZ2
M1NH96'U!%?E;7T9\)?B'^W#H_P .-)TWX>^!WN]$BML:;<2:8CEXMQ(^8L"1
MS@>P%?5>'G&N,R[VF$Q4:E:FE>*C%SE%WLUOI%_<GMNSQ>*>'Z&*Y*]%PISO
M9\S44_\ @_IZ'VA7R%_P5&\7_M.:/XX^#?A/]E;Q]=:/XAU;6]8N([".<K;Z
MP]E8?;([.= 0)%E,1BPW&9><#-?0_P"S_K?Q6U_X=Q:C\9=(^Q:V;N59(/LX
MCQ&"-AV@GM7CO[8W_)Z?[+W_ &-VO_\ IHDK]_P>)CC<+"O&+BI).TE:2OT:
MZ/R/S&O1>'K2IMIV=KIW3]'V/2OV;?VD_"O[4W[/%C\:?!R26<ES9RQ:KI<I
MQ/I6H1 K/:R X(='!QD E2K8PPK@?^">?QMO+[_@G-X+^.GQZ^(TDSQ:#>7O
MB#Q)KUZ6;RX[JX!DED8Y.$4#\ !7"_&:WE_X)_\ [4\WQXTL>1\)/C)>+I_Q
M!@7B'P_XA<%;?5<=$BGSLF;@;LNQ)*+7A/B9=<;_ (-^_ @T^=8M/&HZ>?$,
MLL#2Q)8_VY)N:5%(+QB3RBR@C('45TF1]<^$?^"EW[.WBCQ%HFEZCH?CGP[I
M7BB]2T\+>+O%7@F[T_1]7FD_U20W4JA<R#E=X4-6#^T?_P % KSX*_M?^"O@
M#IGPM\;ZKIUWI^IW7B-M&\!WEY+>E+>)[=;#8G^DJC.3,\6Y4^52<[@,7X]?
MLA_MK?M6_ Z]^#OC7]J+X92>'-;BM98[K1?AS<I(@BECGAD@D_M!E7E%PP!R
MI('6M'XS07.G_P#!3W]G>TU.]$\X\#^*8GN&&WSI%MH=Q ]3@G% 'TIX%\6V
M_CSPAIWC*UT/5M,CU&V6=+#7=-DL[R '^&:"0!XG'=6&17F_QR_;8^#_ ,"_
M'UG\)+O2/%/BKQ?>V/VY?"G@7PW-JM]#:;MOVB5(AB*// +$$]@17KU?*?[&
M8M%_;^_:B7Q(5_X2,ZYH!A\__6'2_P"SS]GV9Y\OUQQG;GG% '/_  "^.?@C
MX]_\%8-7\6> -1OC:P_L^Q6NH:;J=C-9W>G7D>N'S+>XMYE5X9E#*2K#E65@
M2K GUOXG?\% /@I\.?'^J_#32?#'C?QGJOAY5/BA? /@ZYU6+1-R[@+J6(;$
M;;DE 2P .0,5YSX''A<?\%K_ !K_ & 8/M?_  H6S_MOR<;OM7]HP[=^/XO(
M^S]?X=OM7F?_  3?\-?ME:Y\+O&1^%_QS\ Z)>Q?%'71XNTOQ!X'N+W4(M4-
MR?,:>5+V+<6781E!A0!DXS0!ZW^WY\8_A_\ &_\ X)8?$#XN?"#Q=%JNB:KX
M:66PU&T+)G%U$K*58!D=6#*RL RD$$ BK6@?\%,?V<_!_@S2+G5M&\=R>%[2
MSMK.]^(MKX%OI?#T4JJL;?Z:$VN@D!7S$#(3T8CFO+/CY^R]XS_96_X);?'_
M ,->-_B#IWB"Z\3Z[>^)0VDZ0]E;61NY[0O;Q1-+(502([ ;N ^/4GZ+EN_A
M2/\ @GV;N5['_A"_^%19/*_9_P"S_P"S.GIM\OB@#E?V[_VXY/V9O"W@FZ\
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M\/?MB?&CPY=67AV[U*R\.^'O%T%OI5O+;69*JD)MF=49H@S#?DEV((SQX_\
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M"5.>1HR@C\",4 =%\%OC+\$OA5^Q+X:^,FM?&#5KKP3IWA>"X'B[QK,SWUS
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MB8X:$6G=A1117.=!QWB'X$_#OQ1\:/#OQ]U?3[A_$GA;3;NQT>X2Z98XX;D
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M7,_!3]B#X'? _P =/\5=,/B+Q'XL-F;.'Q/XV\2W.K7MM;'K#"]P[")3SG8
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
8* "BBB@ HHHH **** "BBB@ HHHH __9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>chart-b052bd17d6e443c4bec.jpg
<TEXT>
begin 644 chart-b052bd17d6e443c4bec.jpg
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M5^:W[+'[(G_!1C]I[X4^%_VL/$7_  4Q\8Z%?>)95U!/#-L)VM%LC+P=J3K
MKL@+!!;E!E0>^-O]MO\ :"_:B_:(_P""B.C_ /!-[]FWXS7?P[T^TTY+CQ-X
MFTP,+MG:T-XS!T97VK"8U5$9-SR'<V,;0#]#J*_-WX+?&7]K#]@?_@HWX;_8
MC^/O[0VI_%'PCX\T^&72-8U_>]Y;/.9HX9 TLDDBGSX&B9#(RE6#@ \5S_B/
MXE?MP?';_@JI\3_V./A%^U)J_A'P_=#?/>LK71T6SA@MY&-G&77RI'D=4RK*
M<2$Y&* /U"HK\CO@]K7_  4CC_;7\7_\$RM,_;?UF>$2-)?^/-8BDOKZRLXX
M$N!+;&:4R122++&A02X4MPPQN/IW[ /Q9_:I^!/_  4X\7_L#?&S]H36OB/H
M]KI,D]MJ6OW,DTJR?9X+N&9&F>22/,,Q1HM[+D\9V@T ?I'17Y$>/?V\-?\
MVKOVL/'FA?$W_@H%KGP'\ >%;V:R\)VOA>&Z6?4FCF>(22-:X9B1&9'WL0-Z
MHHQEA]$?\$9OVTOBA\=M7^(G[/WQ3^)X\=_\(/>))X:\;M"R2ZI8-++%N?<
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M"2WGDCD19I96@=)H&4JCE60DX!(V@'Z:45^:WQ8^+_[77_!0+_@HUXL_8V^
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M]GWP[I'COX\+\3-1^SR2MXUC,9CU*)Y7>)D*$AE$91=Q9B<$[CF@#T>BBB@
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MKJUS)X;\5:GJ4"06BRW4DPN&ED#^66$BB5&V-F/AL<M^JE% 'P)_P2D_8_\
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M'7_!6?XU_'CQK\-;[3_"/B33-1CT/7)GC,5VTE_92(% 8MRD;GD#[IK[LHH
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MY=P;N.VA0*6>XD9(X%D\QHP@ .P8(_7"B@#\][WPE^W/\&/^"27@C]F7X)?
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M_/C#_P!^A4U% $/]G:?_ ,^,/_?H4?V=I_\ SXP_]^A4U% $/]G:?_SXP_\
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M/[.T_P#Y\8?^_0J:B@"'^SM/_P"?&'_OT*/[.T__ )\8?^_0J:B@"'^SM/\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M_P"(1_\ ZR!?^8I_^^M'_$(__P!9 O\ S%/_ -]:/KF'_F_!A_JAQ%_SX_\
M)H?_ "1^--%?LM_Q"/\ _60+_P Q3_\ ?6C_ (A'_P#K(%_YBG_[ZT?7,/\
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M ,,0?M0_]$Q_\K5E_P#'J/\ AB#]J'_HF/\ Y6K+_P"/5_&W^J_$W_0#6_\
M!4__ )$_>O[8RC_H(I_^!Q_S/***]7_X8@_:A_Z)C_Y6K+_X]1_PQ!^U#_T3
M'_RM67_QZC_5?B;_ * :W_@J?_R(?VQE'_013_\  X_YGE%%>K_\,0?M0_\
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M^!;4 ;%%8_\ P@^D?\_-[_X%M1_P@^D?\_-[_P"!;4 ;%%8__"#Z1_S\WO\
MX%M1_P (/I'_ #\WO_@6U &Q16/_ ,(/I'_/S>_^!;4?\(/I'_/S>_\ @6U
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MV-]IVFZ87,<M\MO8+-,P:/)0N(PI92Q&,5](:+\!?@)\2OV>_!/PTUS2=/\
M&OA#1=,TF?P_+?$3P7BVL""UN3@[905 ;!RK!CD$&O'/BY^TK^U#\<_A9K_P
M9^&'_!/[Q[IFN^)-'N-*?4O&UWIUII6GK/$T3SO*EQ(TRH'+;%3+XP.M>[_L
MS_!]_P!G_P#9\\&?!2;6/[0E\,>'+73Y[X*0L\D<8#NH/(4MG /08% 'C/\
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MINIK/2-%M5>"6SN;-[:[CN'+;H-T<@,<BI)AXP"I!) !3M/VY?VKY+9'O?\
M@F!\18Y2/G2+Q#ISJ#[$NI/Y"OH;X<^)M<\9^!=*\5>)?!5YX<O[^R2:[T+4
M)4>>Q<CF)V0E2P[D'%?.%O\ \%$/CTT"-=?\$Q_C*DA4;TCMK9E!] 2XR/?
MKZ-^&OBW4_'G@'2?&6M>"]2\.W>I6*3W&A:NJBZL689,4H4D!AWP: -RBBB@
M HHHH *^!O\ @Y(_Y1J7?_8[Z3_.6OOFO@;_ (.2/^4:EW_V.^D_SEK2E_$7
MJ9U?X3/Y\****]0\L**** "BBB@#[Y_X-M_^4E=I_P!B1JW\HJ_H/K^?#_@V
MW_Y25VG_ &)&K?RBK^@^O/Q/\4[\+_#^84445SG2%%%% !1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110!_.?\ \'"G_*4_QS_V
M"=%_]-MO7Q/7VQ_P<*?\I3_'/_8)T7_TVV]?$]>K3_AKT/*J_P 1^H44459
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH _G/_ .#A3_E*?XY_[!.B_P#IMMZ^)Z^V/^#A3_E*?XY_
M[!.B_P#IMMZ^)Z]6G_#7H>55_B/U"BBBK("BBB@ K^C#_@WJ_P"46/@?_L+Z
MU_Z<KBOYSZ_HP_X-ZO\ E%CX'_["^M?^G*XKGQ7\/YG1A?XGR/MBBBBO//0"
MBBB@ HHHH **** "BBB@ HHHH *^!O\ @Y(_Y1J7?_8[Z3_.6OOFO@;_ (.2
M/^4:EW_V.^D_SEK2E_$7J9U?X3/Y\****]0\L**** "BBB@#[Y_X-M_^4E=I
M_P!B1JW\HJ_H/K^?#_@VW_Y25VG_ &)&K?RBK^@^O/Q/\4[\+_#^84445SG2
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4
M444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !11
M10!_.?\ \'"G_*4_QS_V"=%_]-MO7Q/7VQ_P<*?\I3_'/_8)T7_TVV]?$]>K
M3_AKT/*J_P 1^H44459 4444 %?T8?\ !O5_RBQ\#_\ 87UK_P!.5Q7\Y]?T
M8?\ !O5_RBQ\#_\ 87UK_P!.5Q7/BOX?S.C"_P 3Y'VQ1117GGH!1110 444
M4 %%%% !1110 4444 %? W_!R1_RC4N_^QWTG^<M??-? W_!R1_RC4N_^QWT
MG^<M:4OXB]3.K_"9_/A1117J'EA1110 4444 ??/_!MO_P I*[3_ +$C5OY1
M5_0?7\^'_!MO_P I*[3_ +$C5OY15_0?7GXG^*=^%_A_,****YSI"BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH _G/\
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M_P"4E=I_V)&K?RBK^@^O/Q/\4[\+_#^84445SG2%%%% !1110 4444 %%%%
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MJ?9G']5J=T?AG17[1_&K_@@K\&_A!\*M<^)FH^!_!MQ!HUB;B6&TU37A(X!
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MV9/U6IW1^--%?N9_Q#F_"C_H4_ G_@R\0_\ R=1_Q#F_"C_H4_ G_@R\0_\
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M\DHA5G6-3LB5G.6=1P#UH Z*O(/!O@7Q=8?MI^-/B!>:#/'HNH>#].M;+46
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M[\)/B[/:+XG\4:[(LEWH'B9HPJW5S,%&;6YZ$GY8G_N* 'P/VB? 'P8^&_\
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MO _POB\'6'B@1L+34KC[6VH7DL#$?O$A"A&8#!R,9!!H [[XA_LC?L!? O\
M9Y\53^,_@/X2L_"UII-U=Z]J%_IR3W<H*LS.;J;=.\Q8X1MY<.5"X.!7AEG\
M5OCM^S?_ ,$3O!]YK'B"XT[QWK.E66B:+J6H2E)-/CO[YDMI&9N4:&Q=2">5
M,:YQBN<D_;H_9'_;8^*Z>+_VC/V@-!\._"GPGJWF>%/AWJ,["X\2WD3?+J6I
MH%(6W5AF&U/WC\\@QA6]?_;LO? G[<7["VI>,OV<;RT^(5EX8\3V.K-IND@R
M#4A93))=6B@C+.;>1R% )8X49)H QO@'\2?^"4WP9MO#OPV\,>';#-Q>PP:=
M\0_$G@"Z^SZ[J6[/G_VM<6WERR/("RR>9LS]PXVBOM"OB#]N#]M']DW]I3]B
M;6/A!\$?&NF>,/%/CVRMM,\)>!]*3S-26]>6,Q^9; ;K8PE=Y+A0OE\'IG[*
M\"Z3J^@^"-&T/7[[[5?V6E6\%[<[B?.F2)5=\GKE@3^- &K1110 4444 %%%
M% !1110 5'>65GJ-K)8ZA:13P3(4EAFC#(ZGJ"#P1[5)10!\]_%K]AYX?C-X
M<_:0_9.\0:3\//%^DG['KUO%I&=,\1Z6S;GM;N"$IEPV"LH^8>Y5"GT'&7*
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M85>-@"",JP(." ?PIFJ:!H6N:4VA:UHEI>6+J%>SNK99(F Z HP((&/2K=%
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M4T3X>VGB./7(;F=UN9#?V<<$/DJ$*L RDMN9<#IGI0!YI>^#_P!IG]M7X_\
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MM8?PR\.7_@[X;>'O".JO$UUI6AVEG<M Q*&2*%$8J2 2,J<9 X[5N4 %%%%
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MMJ'B/PKI7A/Q+X6\3^$;B&+Q+X2\8:8MI?V0F4M#(55W1XW"L596.0 3C*Y
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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84 %%%% !1110 4444 %%%% !1110!__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>chart-b8c528cc542b4b4b8f6.jpg
<TEXT>
begin 644 chart-b8c528cc542b4b4b8f6.jpg
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M_P#8K^.VH?$;69_%WBCX1:9-=Z'?ZF3/-,3;7+K%,XPTRI);,VXDN5<C/ P
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M=0N;^9XO$EU%-I_E_:UD<M,A,KKAV)VN1F@#]-:*_(_]M?5?^"CO_!-/XI>
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M.\"_'CXFIXTUJP\/726_BPV7V>74[3^Q+OR9)H]S8E49C8Y)/E@DL26/ZQ4
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MW ;!'8@BMV@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M,F']E+]J'X?W&F2:L-6MM7TFZ9#+#'-=RO%*I4L ZY21&_A95/45\B?L0?\
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M7++D!C&)Y9974,VQ#Y4>3ECD C],J* /SW_X*C?L?_';XG> ?@Q^Q/\ LO\
MPNU.;P#X?FM_[:UE98O*M!&JVENTI9E+LD;7$KG!R7!ZUT_QC_X(5_L4S_"'
MQ+;_  B^'6IVOBL:#='PY=S>);J11?")C#N1Y-A4R!001C!-?<-% 'RO_P $
M?O"W[1/PR_9&M_@U^TC\-]2\.ZEX6U>XM]&&H/&YN=/E/G(0R,WW)))4P>BJ
MGX?5%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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MJ@#2HK-_X3'PQ_T&H/\ OJC_ (3'PQ_T&H/^^J -*BLW_A,?#'_0:@_[ZHH
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MG_\ /C#_ -^A4U% $/\ 9VG_ //C#_WZ%']G:?\ \^,/_?H5-10!#_9VG_\
M/C#_ -^A1_9VG_\ /C#_ -^A4U% $/\ 9VG_ //C#_WZ%']G:?\ \^,/_?H5
M-10!#_9VG_\ /C#_ -^A1_9VG_\ /C#_ -^A4U% $/\ 9VG_ //C#_WZ%']G
M:?\ \^,/_?H5-10!#_9VG_\ /C#_ -^A1_9VG_\ /C#_ -^A4U% $/\ 9VG_
M //C#_WZ%']G:?\ \^,/_?H5-10!#_9VG_\ /C#_ -^A1_9VG_\ /C#_ -^A
M4U% $/\ 9VG_ //C#_WZ%']G:?\ \^,/_?H5-10!#_9VG_\ /C#_ -^A1_9V
MG_\ /C#_ -^A4U% $/\ 9VG_ //C#_WZ%']G:?\ \^,/_?H5-10!#_9VG_\
M/C#_ -^A1_9VG_\ /C#_ -^A4U% $/\ 9VG_ //C#_WZ%']G:?\ \^,/_?H5
M-10!#_9VG_\ /C#_ -^A1_9VG_\ /C#_ -^A4U% $/\ 9VG_ //C#_WZ%']G
M:?\ \^,/_?H5-10!#_9VG_\ /C#_ -^A1_9VG_\ /C#_ -^A4U% $/\ 9VG_
M //C#_WZ%']G:?\ \^,/_?H5-10!#_9VG_\ /C#_ -^A1_9VG_\ /C#_ -^A
M4U% $/\ 9VG_ //C#_WZ%']G:?\ \^,/_?H5-10!#_9VG_\ /C#_ -^A1_9V
MG_\ /C#_ -^A4U% $/\ 9VG_ //C#_WZ%']G:?\ \^,/_?H5-10!#_9VG_\
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
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MPD,(1 @)"MOQP: />J*** "BBB@ HHHH **** "BBB@ HHHH **** "O _\
M@I)^W%_P[V_9IF_:(_X5A_PEWE:Y::=_8_\ ;?\ 9^?/W_O/-\F;[NWILYSU
M%>^5\#?\')'_ "C4N_\ L=])_G+5TTI329%1N,&T?.G_ !%?_P#5A'_F4_\
M[UT?\17_ /U81_YE/_[UU^/=%=_U>CV.#ZQ6[G["?\17_P#U81_YE/\ ^]='
M_$5__P!6$?\ F4__ +UU^/=%'U>CV#ZQ6[G["?\ $5__ -6$?^93_P#O71_Q
M%?\ _5A'_F4__O77X]T4?5Z/8/K%;N?T _\ !-O_ (+O?\/"?VEH?V=_^&5_
M^$1\W0[O4?[8_P"$X_M#'D;/W?E?88?O;NN_C'0U^@]?SX?\&V__ "DKM/\
ML2-6_E%7]!]<=>$83LCLH3E.%Y!1116)L%%%% !5#Q1_PD__  CUY_PA?V#^
MU?(;[!_:F_[/YO;S/+^;;ZXYJ_145(\\'&[5UNM_EYE1ERR3M<\H_P",X_\
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M ./5^&?Z\^)G_0L_\HUO_DC]%_U=X1_Z#/\ RI3_ ,CZN_X;?_9>_P"BG?\
ME%O?_C-'_#;_ .R]_P!%._\ *+>__&:^4?\ AB#]J'_HF/\ Y6K+_P"/4?\
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M<YKN* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH _G/_P"#A3_E*?XY_P"P3HO_ *;;>OB>OMC_ (.%/^4I_CG_ +!.B_\
MIMMZ^)Z]6G_#7H>55_B/U"BBBK("BBB@ K^C#_@WJ_Y18^!_^POK7_IRN*_G
M/K^C#_@WJ_Y18^!_^POK7_IRN*Y\5_#^9T87^)\C[8HHHKSST HHHH ****
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M3_L2-6_E%7]!]>?B?XIWX7^'\PHHHKG.D**** "BBB@ HHHH **** "BBB@
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MGXG^*=^%_A_,V**Q_P#A!](_Y^;W_P "VH_X0?2/^?F]_P# MJYSI-BBL?\
MX0?2/^?F]_\  MJ/^$'TC_GYO?\ P+:@#8HK'_X0?2/^?F]_\"VH_P"$'TC_
M )^;W_P+:@#8HK'_ .$'TC_GYO?_  +:C_A!](_Y^;W_ ,"VH V**Q_^$'TC
M_GYO?_ MJ/\ A!](_P"?F]_\"VH V**Q_P#A!](_Y^;W_P "VH_X0?2/^?F]
M_P# MJ -BBL?_A!](_Y^;W_P+:C_ (0?2/\ GYO?_ MJ -BBL?\ X0?2/^?F
M]_\  MJ/^$'TC_GYO?\ P+:@#8HK'_X0?2/^?F]_\"VH_P"$'TC_ )^;W_P+
M:@#8HK'_ .$'TC_GYO?_  +:C_A!](_Y^;W_ ,"VH V**Q_^$'TC_GYO?_ M
MJ/\ A!](_P"?F]_\"VH V**Q_P#A!](_Y^;W_P "VH_X0?2/^?F]_P# MJ -
MBBL?_A!](_Y^;W_P+:C_ (0?2/\ GYO?_ MJ -BBL?\ X0?2/^?F]_\  MJ/
M^$'TC_GYO?\ P+:@#8HK'_X0?2/^?F]_\"VH_P"$'TC_ )^;W_P+:@#8HK'_
M .$'TC_GYO?_  +:C_A!](_Y^;W_ ,"VH V**Q_^$'TC_GYO?_ MJ/\ A!](
M_P"?F]_\"VH V**Q_P#A!](_Y^;W_P "VH_X0?2/^?F]_P# MJ -BBL?_A!]
M(_Y^;W_P+:C_ (0?2/\ GYO?_ MJ -BBL?\ X0?2/^?F]_\  MJ/^$'TC_GY
MO?\ P+:@#8HK'_X0?2/^?F]_\"VH_P"$'TC_ )^;W_P+:@#8HK'_ .$'TC_G
MYO?_  +:C_A!](_Y^;W_ ,"VH V**Q_^$'TC_GYO?_ MJ/\ A!](_P"?F]_\
M"VH V**Q_P#A!](_Y^;W_P "VH_X0?2/^?F]_P# MJ /YY_^#A3_ )2G^.?^
MP3HO_IMMZ^)Z^T?^#@/3X=,_X*B>-[.W>1E72M&(,CECSIMN>IKXNKU:?\->
MAY57^(_4****L@**** "OZ,/^#>K_E%CX'_["^M?^G*XK^<^OZ'O^#?OPOI^
MI_\ !+OP3>7$]RK-JVL@B.X91QJ,XZ"N?%?P_F=&%_B?(^ZJ*Q_^$'TC_GYO
M?_ MJ/\ A!](_P"?F]_\"VKSST#8HK'_ .$'TC_GYO?_  +:B@#8KQS]L_X/
M> ?B+X&TKQUXL^.,GPRU+P1JO]IZ!\0([RW@_LJ5XV@D5S<?NGBDCD9&1B-W
MR\]C['7R[_P48\->!=3\<_!/Q+\>[>SN/A7I'CNX/C6'5<&QCGEL)H].GNE;
MY?(6Y*JS/\@\T;OE)H S?@7\5OV!?V?_ ()ZW\,?"'[?'@J\USQ'<7^HZYXU
MU?QC837M]JMTI#WLBB15)4A-J# "QJ,DY8^Y_LI> _AY\,/V;O!7@#X3^+H/
M$'AW2O#]O!I>NVTR21ZB@7FX5D)4AV+-\I(^; -<_:?#+]@&\MDNK'X??!Z6
M&108Y(M)TIE8=B"%P17J/A6P\+:9X<LM/\$V>GV^D0VZKI\&E1HELD0^Z(UC
M^4+Z;>* -"BBB@ HHHH *^!O^#DC_E&I=_\ 8[Z3_.6OOFO@;_@Y(_Y1J7?_
M &.^D_SEK2E_$7J9U?X3/Y\****]0\L**** "BBB@#[Y_P"#;?\ Y25VG_8D
M:M_**OZ#Z_GP_P"#;?\ Y25VG_8D:M_**OZ#Z\_$_P 4[\+_  _F%%%%<YTA
M1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%
M%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 444
M4 ?SG_\ !PI_RE/\<_\ 8)T7_P!-MO7Q/7VQ_P '"G_*4_QS_P!@G1?_ $VV
M]?$]>K3_ (:]#RJO\1^H44459 4444 %?T8?\&]7_*+'P/\ ]A?6O_3E<5_.
M?7]&'_!O5_RBQ\#_ /87UK_TY7%<^*_A_,Z,+_$^1]L4445YYZ 4444 %>,?
MMQZ7^QQ'\)HO&W[:?AS2M1\/:+>@Z;%J5O)-(]W*-JQ011_/+*X! 50> 2<
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MXK^<^OZ,/^#>K_E%CX'_ .POK7_IRN*Y\5_#^9T87^)\C[8HHHKSST HHHH
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M7^'\PHHHKG.D**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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MQI96&_"11HH+._.,Y(QD@ ^+?['_ .#?[_HN^J_^%1XA_P *_0/]G2/X4Q?
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110!_.?_P<*?\
M*4_QS_V"=%_]-MO7Q/7VQ_P<*?\ *4_QS_V"=%_]-MO7Q/7JT_X:]#RJO\1^
MH44459 4444 %?T8?\&]7_*+'P/_ -A?6O\ TY7%?SGU_1A_P;U?\HL? _\
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MV_\ RDKM/^Q(U;^45?T'UY^)_BG?A?X?S,?[%XW_ .@W9?\ @,?\:/L7C?\
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M/A_P;;_\I*[3_L2-6_E%7]!]>?B?XIWX7^'\PHHHKG.D**** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#^<_\ X.%/^4I_
MCG_L$Z+_ .FVWKXGK[8_X.%/^4I_CG_L$Z+_ .FVWKXGKU:?\->AY57^(_4*
M***L@**** "OZ,/^#>K_ )18^!_^POK7_IRN*_G/K^C#_@WJ_P"46/@?_L+Z
MU_Z<KBN?%?P_F=&%_B?(^V****\\] **** "BBB@ HHHH **** "BBB@ KX&
M_P"#DC_E&I=_]COI/\Y:^^:^!O\ @Y(_Y1J7?_8[Z3_.6M*7\1>IG5_A,_GP
MHHHKU#RPHHHH **** /OG_@VW_Y25VG_ &)&K?RBK^@^OY\/^#;?_E)7:?\
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M]!]>?B?XIWX7^'\PHHHKG.D**** "BBB@ HHHH **** "BBB@ HHHH ****
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MWJ_Y18^!_P#L+ZU_Z<KBN?%?P_F=&%_B?(^V****\\] **** "BBB@ HHHH
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MX-NO%FE_'/PA;1VVMWFGM'>^&07+02%"PV #:<<=_6@#ZPHKP7_A7W_!0_\
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MZ* ,O3_ _@K2==G\4:7X/TNVU.Z!%SJ-OI\:3RY.3ND"[FS[FM2BB@ HHHH
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M !:GXBTRU^.GB6TT/PV=<NK:QLB+A7EN/+MY(P\\C.%+ON*K$@7'-?2?@_\
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MP!_P4T_9F\"Z?\ _A_I?PN\>^'M @6Q\*^*?$&M7NG7<-@GRP1WD$<+J[1H
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M0 445R_QO\3>*_!7P6\7^,O >DB_US2/"^H7NBV)C+_:+N*VD>&/:.6W.JC
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M7KGPJ_9E^,'CGPO:7DUM_P )CX2\(QW%A=/%(8Y&MP]PDUPBNK*62,C*G&:
M/H^BOEC]KW]NSQO\%_BU\(O O@?X/^.+RV\6:T+G638^'(I)+ZT^QS/_ &?
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MW\5/V-OC-96,VGV/BCQ*^I6]O>D!X/M>D>9'$QZ%_G"\=2.*A_X*CV'C(_M
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MF74\0& DLEI+&9@  !OW8  & ,5I>&?V.?V</!WP+UC]FSPY\-UM_!FOB?\
MMK2O[4NF>\:9565WN&E,Y=@J@MOW<#F@#2_9;T32O#?[-/P^T+0[&.VM+7P5
MI:001* JC[)'^O<GN237=U3\.Z!I'A/P_8^%M M/L]AIMG%:V4'F,_EPQH$1
M=S$L<* ,DDG')JY0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% '
"_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>chart-ff1ceb62fc5f4b2dbff.jpg
<TEXT>
begin 644 chart-ff1ceb62fc5f4b2dbff.jpg
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M,[!GM7;?\$H- T[1/^">OPT2SC4F_P!&EOKR0\M-//<RRR.Y/+$LY&3Z =J
M/<?A_P"/_!OQ4\$Z7\1_A[X@@U71-:LDN],U"V)V31.,@\@$'L5(!!!! ((K
M8KY<_P""3#G3/@/XU^'UI\NF>$?C)XFT?1(5^[%:)=B147T4-*_'O7U'0 44
M44 %%5-5U"ZT^-'M=*ENBS8*Q$97WYJE_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PD
MNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_
M /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM &Q16/_ ,)+
MJ_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q16/_PDNK_]"A>_]]+1_P )+J__
M $*%[_WTM &Q16/_ ,)+J_\ T*%[_P!]+1_PDNK_ /0H7O\ WTM &Q15?3;R
M>^M1/<6$ELQ8CRI2,_7BK% !1110 4444 %%%% !1110 4444 %%%% !1110
M 4444 %?.G_!1GQO^UOH?P]TCP+^R?\ "_6]6N/$MU+!XE\1>'IH!>:)8IY>
M_P"SB9U47$H=U20DB/RV.-VTCZ+HH ^1/V;/C!\3?@EX:T#X(_#W_@F#\0/#
MF@1W<<,^H7.N:?(5:1P);VX<2%YG.2[MRQQQV%;7Q%\+_&C]EK]KWQ-^T]\+
MO@KJWQ!\)_$K0M/M?&6C>&KB :GIVI6"M%;W4<4[HLT3P/Y;*K!@PW'@ 'ZA
MHH ^:/V9/A/\6OBC^T?XX_;+_:#^&<GA+^WO"]MX3\'^#]0O(Y[RVT>.1IYI
M+HQ,45YIF#",'* $'/!/%?!'Q!^UE^PI\+9_V4=-_9%\2?$6/P_>7D7PY\5Z
M#J=FMC?V4L\DMNE^TTJ/:/&9-CG:PPN1D?,?LRB@#QS]A#]GCQ+^S1^SEIO@
M7Q]J=O>^*=1O[S6O%EW:',3ZC>3--*$/=4W+&#WV9[XKV.BB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHJAXH\5^%_!&@W/BGQIXDL-(TRS3?=ZEJEXEO
M! N<9>20A5&2!DGO0!?HKG_AW\6?A7\7M*EUWX3_ !,\/^*+*&7RYKSP[K,%
M[%&_]UGA=@#[$YKH* "BJ/B;Q1X9\%Z%<^*?&/B*QTG3+*/?>:CJ=VD$$"Y
MW/(Y"J,D#)(ZUG>(?BO\+?"/ANR\9^*_B3H&F:/J7E_V=JNH:S!#;76]"Z>7
M*[!7W("PVDY4$CB@#?HK@?\ AJS]EW_HY+P#_P"%C9?_ !VN\AFAN84N+>59
M(Y%#(Z-D,#R"".HH =1110 4444 %%%% !1110 4444 %%%% !1110 4444
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MI>Z78^!;B.ZN[86LKSGSFN3^_ER[&1@<NY8@U]$_L"VWQ<\)_LF>%]5^.GQ
MT#4;,>$]-NM%FTW3&LUT_3!81%8YV>1A(Z@$M)\H..@H \/_ &VOV5OV6_&G
MQ4^&W[%WPB_9K\ :+K'C35QK'B[6-"\&V-M=Z9X<L7$DY6:*)7A:XD"0(X//
MSJ>#7W#;6UO96T=G:0+%%$@2*-%PJ*!@ #L *^6O^">-K>_'KQQ\0?\ @H-X
MGM)%_P"$^U(Z/X BN$(:T\,V,C1Q$ \H9YE>5UZ956'!KZHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "O$?VL/VF/B%\+_%_@
MOX"? 'P9I>O?$7X@7%U_8\6O7,D6G:99VT8>XO;LQ#S"BAE"HN&<DX.5VM[=
M7R[XU!B_X+!^")=2X@E^!NJ)IN[H;@:BC2;??R\9]J -KX6?M(_M%>"?VB=(
M_9D_;%\+^#XM1\8:5=WW@;Q3X$:Z2QU"2U >YLI(;IFDCF2-A(&#%67T/%?1
M%?+?[=1+_M;?LNV^GG_B8'XAZD\87[WV9=/;S_PVE<U]!?%OXH>$O@I\,=>^
M+?CN[DAT?P[I<U_J$D,9=_+C4L0JC[S'& .Y(H \C_;^_;,U#]D[X:M_PK?P
MW:>(?'5_IM[J&D:'=E_)AL;*!KB\OKC8RLL,<2$#!!>1XT!Y)'4/\7_C=K_[
M*WACXN?"CX4:=XF\7^(_#^E7BZ))JXL+."2[AB>25I)-S>3%O+%!N=E7 R>:
M^)+_ /:D_9C\<_LN?&KX^?%;]H7PE<?%KXH_#S5+#2_#4&K++)H&F&UF%EHL
M'J^6#S$8WS.<CY0:^R_V"OC%\+OBM^ROX+3X<>.M.UD^'O"6E:;K?V&X#_8K
MN.QAWPR?W77N* /.O&/[2_[;_P"R[KWA3Q)^UAX1^&&K>"?$OB:TT*^OOAZ^
MH0W>AW%TQ2&:1;MF6XAW8#%0C<YQT!^JZ^3/$>JS_P#!1KX[Z#H/@:,M\&/A
M?XLCU;6O%&/W?BS7;4GR;.S/_+2U@<EI9>5D8!5Z!S]9T %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 4444 %%%% !7R?^U#X=T7]H?_@HC\*?
MV:OB'I\6I^$/#_@_4_&NJ>'[M ]KJ=VLJVEKY\9XD6)F=@I&#N((()%?6%?*
M?[6VM:?^S=^W!\,?VPO'#26W@FY\,ZCX,\6:X(6>+1VFE2XLYIMH)2)Y@T9<
M_*IQDC(H I?&?P'X(_99_;U^"?Q%^#7A33_#=K\1+G4O"GC73=$LTMK?4D^S
M>?9RO%& GF1RJ?WF-Q4[<XKZYKXZ\=?%7X??MK_MW?![PS^S]XIM/%7A_P"%
M\VH^)O&OB/1I//L;662V\BQMEG7]V\KR%B4!)"@GLV/7_$7QQ\.?M&O\5OV7
M_P!GSXIRZ)\0?"FG+8WVJS:7+LTJ>ZC;RYHR0!(5PW*GA@#Z&@#YZ_;YU[5?
MVR? OQ;T3PY>R)\+?@[X1UF?6+V%B$\1^*H;&5HK52/O06+%97.<-<;%P0F1
M]%?!'X2_"OXP_L>_"WP]\7/AGX?\4Z?;^!]$N;>Q\1Z-!?0Q3#3XU$BI,C*K
MA68;@,X8CN:^8_B]^R]^W'^SQ^P)XT^&5C\>?ANW@GP_\.M52]TNQ\"W$=U=
MVPM97G/G-<G]_+EV,C Y=RQ!KZ)_8%MOBYX3_9,\+ZK\=/B!H&HV8\)Z;=:+
M-INF-9KI^F"PB*QSL\C"1U ):3Y0<=!0!X?^VU^RM^RWXT^*GPV_8N^$7[-?
M@#1=8\::N-8\7:QH7@VQMKO3/#EBXDG*S11*\+7$@2!'!Y^=3P:^X;:VM[*V
MCL[2!8HHD"11HN%10,  =@!7RU_P3QM;WX]>./B#_P %!O$]I(O_  GVI'1_
M $5PA#6GAFQD:.(@'E#/,KRNO3*JPX-?5% !1110 4444 %%%% !1110 444
M4 %%%% !1110 4444 %%%% !1110 5X_^U/^S#KGQMU3PG\4OA7\0QX0^(/@
M*^GN/"^ORZ>+NW>*>,1W-G<PEE\R"5 H."&4J&7N#[!10!\^_"3]E/XT:E^T
M!8?M/_M:_%K1?$OB'P[I-QIW@W0_"VB266F:,MP MS<+YLDDDL\B (2Q "Y'
M/&WM_A7\./CYX:^-WQ"\8_$KXS0Z]X0U^:S;P7X973UC;142-EF5GP-VXE>Y
MSMW'!.*]+HH ^6O#_P"Q[^UW\ ;+4OAA^R-^TIX9T;X?W]_<7.D:7XK\)27U
MYX7$[M))%92),B2QAW9T292%S@YY)]E_9?\ V>/"O[+7P7TKX.>%-4N]12R:
M:XU#5]0(-QJ-Y-(TL]S)C^)Y&8XYP-JY.,UZ!10!Y3\-OV=-3\"?M7?$S]HR
MX\3P7%KX]TO1+2VTM+=EDM#8PR1LS.3AMYD!  &,5ZM110 4444 %%%% !11
M10 4444 %%%% !1110 4444 %%%% !1110 4444 %?-/[8'C7XG_ !'_ &C_
M (=_L3_"OXDZIX.@\3:;?Z_XX\2Z!(L>I0:5:[4C@M9&!\EYIFVF0#<H48R-
MRGZ6KY<^*13P5_P5J^&/BW7'$5GXM^%&L^'M+FD.%>]@NH[QHP?[QC/ [XXH
M I:)'\1?V)_VN_A_\([OXX^,/&_P_P#BQ!J-C#'X]U@ZE>Z)K%K")XVCNG D
M:&9-R>4V<,,@@<5]85\L_MI21^+?VW/V9OAGH\@EU&V\4ZMX@O(XSDV]E:V)
M!D?^ZKLVQ2>"P('(KW?XP>//$_A?X9>*M9^$?AN'Q3XKT72I)-.\-PW:!YKL
MQEH8I.04#'!YP2N<4 ?.7_!2C]HGXH2^%?%WP&_9G\47>DZWX7\#7WBOQ_XL
MTV8I)H%C!;2S6MHDB_<NKN6-5 !#+")' Y4CZ#_9GUS4]>_9J^'_ (E\1ZK-
M=WM[X&TJYO[Z[F+R32O9Q.\CNQRS$DDD]22:^$]7\;_'3X1?L'?%+P9XX_8?
M^)#^(_&/A36K[XA_$+5+K3?+GOKBTD66Z=4G++;PJ0J1J/ECC  R3GJ-?^*'
M[5_Q7_8#^'GPI^&W[*'CRST[4],TO1_%E[I]]9+>W6@1V,!EELR9@J?:@3$'
M<Y1=^5R1@ M>.OVG_C3\:/VN_A/\2OAQXXU/1_A%=_$YO"V@6MC=/%'XO\NW
MG>]U"4*0)+82Q1PP Y#>7*_&ZOO.OSE_:1^/WQ&TOQW^SQX>T?\ 8"\<^$[#
MPAX[0>'M"FNM/_T]8[&6)+.WV3D*P3G+D#"GG-?H/X,US4O$_@_2O$FL>&;O
M1;O4--@N;K1[]D,]C(\:LT$A0E2Z$E25)&5."10!IT444 %%%% !1110 444
M4 %%%% !1110 5GVGB[PI?\ B2[\&V/B?3IM8T^".>_TJ*]C:YMHI,^6\D0.
MY%;!VD@ X..E2>()M;MM!OKCPS86]UJ4=G*VGVMW.8HIIPA,:.X5BBEL L%)
M ).#TKX"\!?'G]J?X-_M:_'OQ#XP^&/PLT[7KNST'5]=CU_XDSVD,&FP:<8H
MFM9#9%KF)2LI<[5V2.5P<@D ^]]1\9^#]'UVT\+ZMXKTVUU/4 38:=<WT:3W
M('7RXV(9^AZ UI5^2FL?!;X]?'3]F7XB_M[?%W]GCPA>:AXPT^]\5:'XRU3Q
M]>6NJ^%["WC9K&.R@2V*@1K$KQ_.#,'4,1GC](OV3/%WQN\=? K0O%/Q^\+Z
M5I6N7EA;RHFDZF]TMQ UO$ZS2%HH_*E9F?=& P7 PQS0!Z31110 4444 %%%
M% !1110 5QF@?'/PAXE^.GB+]G_2;/4)-7\+Z'8:GJ]WY"_9(EO&F$,._=N\
MTK"SD;<;2,,3D#LZ^5_C]\%OVT/!GQV\<_$G]D33/"VH1?%?PQIVEZO?>(-6
M>UF\-WMFD\,=]&JHWGIY4^=@^;>@.".& -+3O^"G/PQU3XH_\(Q:_"CQF?!;
M^,!X5A^*8T^,Z))JQD\H1!]^_P HRXB$VW9O(Z#YJ^EJ^9OBI^QCKNB_L0^"
MOV-_@K96]S!INN^'X]7U2YF6#RK>VU"&]O+_  3\TCR1,VQ<DF8XXS7TS0 4
M45Q?Q]^%?B7XS_#F?X>>&OBUK7@O[=<Q#4=7\/I']L>T#?OH(I'!\AI$RHE7
MYD.",\@@'1Z#XO\ "?BJ6]@\+^*-.U)],O&M-22PO8YC:7"_>BD"$^6XR,JV
M",]*R_&OQH^#OPVU&+2/B+\6/#6@7<\(FAM=:UVWM9)(\E=ZK*ZDKE2,CC((
M[5\W?\$L?A_X3^%.O_'SX;>!-+^Q:/H?QBN+/3K7S6D*11V5LHRSDLQXR6))
M)))/-<3^TWXM_9<T+_@IGJNN?M>_#ZVUW0K'X,Z?8Z'::GX!GUV%[EM1N9Y)
M$CCMI@C*F07(& 2,\XH ^S_!'Q0^&GQ,AN+CX;_$30O$$=HRK=OH>KPW8A+9
M*AS$S;2<'&>N#6;XO_:$^ ?P^\4P>!O'OQP\(:)K=SM^S:/J_B6UMKJ7=]W;
M%)(';.1C YKSW]F[XF?L0S_";Q/\3/V,M&\%V^EZ?!)/K]MX3\/Q:7+YL$3N
MJW, BBD1L!POF(#@MCO7E7_!//\ 93^"/QI_8RL/BI\?/A?H7B[Q3\51>ZUX
MOUS6]-CGN;A[B>78J2N"\*QQ[ @1AL(++@G- 'V,"",@T5\V_P#!*[Q?XDUC
M]F*[^'/BK6;C4KKX<>-]8\'IJ%V^Z6:"RN"(-Q[E8GC0>R"OI*@ HHHH ***
M* "BBB@ HHHH **** "BBB@ J*^L;+4[.73M2LXKBWGC*303QATD4C!5E/!!
M]#4M% %#P[X6\,^$=/\ [)\)^';#2[7>7^S:=9I!'N/4[4 &>!S3['P[X?TO
M5+W6],T*SM[W4F0ZC>06J)+=%%VH9' R^U>!N)P.!5RH=1U+3](LY-1U6^AM
MK>(9DGGD"(H]R>!4SG&G%RD[);MCC&4FDE=CKRSM-0M);"_M8YX)HRDT,R!D
MD4C!5@>"".,&F_V=I_\ 9_\ 9/V&'[+Y/D_9O*'E^7C;LV]-N.,=,5R?_#07
MP<^U_8O^$YM]^<;O(EV?]][=OZUUFG:EI^KV<>HZ5?0W-O*,QSP2!T8>Q'!K
MAP6;95F,G'"8B%1K=0G&5O6S=CHKX+&85)UJ<HI[737YH6QL+'3+./3]-LXK
M>WA0+%!!&$1%'0!1P!]*EHHKT#F"BBB@ HHHH **** "BBB@ HHHH **** "
MBBB@ HHHH **** "BBB@ KQ_]J?]F'7/C;JGA/XI?"OXACPA\0? 5]/<>%]?
MET\7=N\4\8CN;.YA++YD$J!0<$,I4,O<'V"B@#Y]^$G[*?QHU+]H"P_:?_:U
M^+6B^)?$/AW2;C3O!NA^%M$DLM,T9;@!;FX7S9)))9Y$ 0EB %R.>-O9?#CX
M5_'#3/C)\1?$?Q;^+=IXF\$^(Y;/_A$/"<FEH!I$:1L)D<E?G#$KQ\V=NXX)
MQ7J%% 'F?Q[_ &9? GQ=^!_C#X5Z#X6T#2;[Q)X9OM,L]4_L6(_9)9X'C67"
M@'Y2P;@@\=:\[^.7[%WQ0\8?L7:%^RM\$/BSIG@R[AL-/L/%>LV^DL%U>T@M
M/)FB_=,KIYSK&68-N*!D)PQKZ0HH ^4?!O[-_P#P4M^'OA73_ _@?]J7X6:5
MI&E6J6VG:=8_#%HXK>)1A551-P/Y]:^JK-+J.TB2]E6298U$TB+@,V.2!V&>
MU244 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !4
M5]8V6IV<NG:E9Q7%O/&4F@GC#I(I&"K*>"#Z&I:* *'AWPMX9\(Z?_9/A/P[
M8:7:[R_V;3K-((]QZG:@ SP.:?8^'?#^EZI>ZWIFA6=O>ZDR'4;R"U1);HHN
MU#(X&7VKP-Q.!P*N5#J.I:?I%G)J.JWT-M;Q#,D\\@1%'N3P*F<XTXN4G9+=
ML<8RDTDKL=>6=IJ%I+87]K'/!-&4FAF0,DBD8*L#P01Q@TW^SM/_ +/_ +)^
MPP_9?)\G[-Y0\OR\;=FWIMQQCIBN3_X:"^#GVO[%_P )S;[\XW>1+L_[[V[?
MUKK-.U+3]7LX]1TJ^AN;>49CG@D#HP]B.#7#@LVRK,9..$Q$*C6ZA.,K>MF[
M'17P6,PJ3K4Y13VNFOS0MC86.F6<>GZ;9Q6]O"@6*"",(B*.@"C@#Z5+117H
M',%%%% !1110 4444 %%%% !1110 4444 %%%% !15>?5])MAFYU.WCQUWSJ
M/YFJ<_CCP5:_\?/C#2X\=?,U",?S:N>IB\)1^.I%>K2-8T*T_ABW\F:E%>2?
MM._M5Z=\#O@?K_Q.^&/ANU^(>OZ3!$^G>#=(UM(I]29YHXV171)2NU79R=C<
M(>G4?(.G?\%J/VW-4Q]F_P""/NNKG_GX^*<,/_HS3A7'//,CIJ\\727K4@OS
MD;+ 8]NRHS?I&3_)'Z,T5\!Z?_P5E_;TU##?\.E?(4_Q7'QVTY?T^QY_2MW3
MO^"FO[;E[C[3_P $W]"L\_\ /Q\<XCC_ +]Z6W^37#4XOX4I?%CZ/RJP?Y29
MO#)<XGMAJG_@$E^:/M^BOC[3O^"@_P"UY>@&Z_8P\"VGJ+CXUW1(_P"^-!:M
MW3OV[?C]+C^UOV:O!\'K]F^*-U+C_OK1DK@J^(/!=+XL=#Y-O\DSJAPUGT]L
M/+YJWYGU(2 ,DX ZDUX9\4OVK[NTU*71/AO;P-'"Q1]3N%WAR.OEKTQ_M'.?
M3N>;UG]L'QSXJ\-WGA^]^%^G:2][;-";RS\427)B##!(5K2+/<=1C.?:O+J_
M*?$+Q352%/"</XC1IN<XII^48N237=M>236I]EPSPARRE6S*GJOAB[->KLW?
MLD_/38]'TC]JCXMZ?>"?4-2M;^+/S03V2("/8QA2/UKWGX5?%70OBKH1U/3$
M,%S 0M[9.V6A8]#G^)3@X/L>F*^/ZZOX/?$V;X5^*SKWV-[J"6W:&XMDEV;P
M<$'.#R"!^OK7RO!/B7G.59M"GF>(E4P\W:7.W)QOM)/66CW6J:OI>Q[&?\*8
M'&8*4L)24:L=5RV2?DUHM>C[];'U[17CEO\ MD^$F_X^_"&HIZ^7)&W\R*OV
MW[7OPQFXFTO68CWW6L9'Z2&OWVEXB<$UOAQL/G=?FD?F\^&,_AOAY?*S_)GJ
ME%><V_[4_P ()O\ 6:I>0_\ 72Q<_P#H.:OVW[1WP8N?N>-$4^DEG.O\TKT*
M7&/"=;X<?1_\&07YLYIY'G,-\//_ ,!?^1V]%<M;_&SX377^K\?:</\ KI/L
M_P#0L5?MOB3\.[S_ (]?'FC2'T74XB?RW5Z-+.\FK_P\33EZ3B_R9RSP&.I_
M%2DO6+_R-JBJ=OXAT"[_ ./37+.7/3R[E&_D:MJRNH9&!!Z$&N^G5I55>$D_
M1W.:4)P?O*PM%%%:$A1110 4444 %%%% !1110 4444 %%%% !7$?'O]G;X2
M_M+>#8_!'Q;\.->VUK>I>Z;=VMW);7>GW:9V7%O/$RO%(N3RIY!((()%=O10
M!Y1\!/V,?@E^SQXHU'X@^%(-;UCQ1JMHMI?>*O%NOW&J:B]LI#+ )IV8I'D
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MG\&=%\27ND#;I]W?PMYD:;MWEED(+QY)/EME<DG')K$^/_CS]MOPSXUAT_\
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M3[V*Y6UO_BE<2P3%'#!)$*8=#C#+W!(KZ/KY'^"OPA\6_$CQ#;ZS\-?^"O\
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M"VH_X0?2/^?F]_\  MJV** ,?_A!](_Y^;W_ ,"VH_X0?2/^?F]_\"VK8HH
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M<>6*WY>96<GHKZV5^MF>]P_P=*>+<\=9PCLE).[\[=/S^\Z/_A>'Q'^T^?\
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M;4?\)O\ M<-\H\(8)X!_L]./S:C_ (B-ES^'!XI^E%_YA_JOBEO7I+_N(O\
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M!](_Y^;W_P "VH_X0?2/^?F]_P# MJV** ,?_A!](_Y^;W_P+:C_ (0?2/\
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M)FBL?S->S_M#^#_CUXV\#0:1^SK\8;#P1KJ:E'+/J^H^'H]2CDM@D@>$1.0
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M*!HW_I=#0]BZ?\1>I_4[1117&?H(4444 %%%% !1110 4444 %%%% !1110
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MC1[72I;HLV"L1&5]^:I?\)+J_P#T*%[_ -]+6Q10!C_\)+J__0H7O_?2T?\
M"2ZO_P!"A>_]]+6Q10!C_P#"2ZO_ -"A>_\ ?2T?\)+J_P#T*%[_ -]+6Q10
M!C_\)+J__0H7O_?2T?\ "2ZO_P!"A>_]]+6Q10!C_P#"2ZO_ -"A>_\ ?2T?
M\)+J_P#T*%[_ -]+6Q10!C_\)+J__0H7O_?2T?\ "2ZO_P!"A>_]]+6Q10!C
M_P#"2ZO_ -"A>_\ ?2T?\)+J_P#T*%[_ -]+6Q10!C_\)+J__0H7O_?2T?\
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M^$EU?_H4+W_OI:V** ,?_A)=7_Z%"]_[Z6C_ (275_\ H4+W_OI:V** ,?\
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MZO\ ]"A>_P#?2U_-?_P4VFDN/^"@OQ@GEMVB9_'NH%HWZK^]/!K^FBOYF_\
M@J#_ ,I#OC)_V/\ J'_HTUQ4MSESW^!#U_0\'HHHK<^8"BBB@ KO?V5':/\
M:A^&\B1EROCW1R$7JW^FP\5P5=_^R?\ \G3?#3_LH&C?^ET-#V+I_P 1>I_4
M+_PDNK_]"A>_]]+1_P )+J__ $*%[_WTM;%%<9^@F/\ \)+J_P#T*%[_ -]+
M1_PDNK_]"A>_]]+6Q10!C_\ "2ZO_P!"A>_]]+1_PDNK_P#0H7O_ 'TM;%%
M&/\ \)+J_P#T*%[_ -]+1_PDNK_]"A>_]]+6Q10!C_\ "2ZO_P!"A>_]]+1_
MPDNK_P#0H7O_ 'TM;%% &/\ \)+J_P#T*%[_ -]+1_PDNK_]"A>_]]+6Q10!
MC_\ "2ZO_P!"A>_]]+1_PDNK_P#0H7O_ 'TM;%% &/\ \)+J_P#T*%[_ -]+
M1_PDNK_]"A>_]]+6Q10!C_\ "2ZO_P!"A>_]]+1_PDNK_P#0H7O_ 'TM;%%
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M[>WC/X+? _X\_P!B>&=)M]+;3]-_X1;2KGRC-IUM-)^\N+5Y&S)([<L<9P,
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M'*%%%% !7ZC_ /!K#_R=!\3/^Q"B_P#2V*ORXK]1_P#@UA_Y.@^)G_8A1?\
MI;%65?\ A,UH?Q4?N#7\W_\ P67_ .4FWQ:_[#=M_P"D-M7](%?S?_\ !9?_
M )2;?%K_ +#=M_Z0VU<-+XCGSW_=H^OZ,^8Z***W/E@HHHH *V_AI_R4?P__
M -ANT_\ 1R5B5M_#3_DH_A__ +#=I_Z.2@<?B1_6#1117&?H84444 %%%% !
M1110 4444 %%%% 'RG_P6^_Y18?%W_L$V/\ Z<K2OYHZ_I<_X+??\HL/B[_V
M";'_ -.5I7\T==^%_AOU.#%?&O0****Z3F"BBB@ K];O^#4S_D>OC5_V"=#_
M /1M[7Y(U^MW_!J9_P CU\:O^P3H?_HV]K'$?P6:T/XJ/V:K^9O_ (*@_P#*
M0[XR?]C_ *A_Z--?TR5_,W_P5!_Y2'?&3_L?]0_]&FN*EN<N>_P(>OZ'@]%%
M%;GS 4444 %=_P#LG_\ )TWPT_[*!HW_ *70UP%=_P#LG_\ )TWPT_[*!HW_
M *70T/8NG_$7J?U.T445QGZ"%%%% !1110 4444 %%%% !1110 45Q7[0?[0
M_P 'OV5_A5J'QM^//B_^PO#&E201W^I_V?<77E--*D,8\NWCDD;+NHX4XSDX
M )KYR_X?X_\ !)C_ *.O_P#+%U[_ .0:I0E):(ESA%V;/L*BOCW_ (?X_P#!
M)C_HZ_\ \L77O_D&C_A_C_P28_Z.O_\ +%U[_P"0:?LZG9B]I3[H^PJ*^/?^
M'^/_  28_P"CK_\ RQ=>_P#D&C_A_C_P28_Z.O\ _+%U[_Y!H]G4[,/:4^Z/
ML*BOCW_A_C_P28_Z.O\ _+%U[_Y!KV7]E']N[]E/]MZTUR^_9?\ BI_PD\7A
MR2WCUIO[#OK+[.TXD,0Q=P1%]PBD^[G&WG&1E.$TKM#4X-V3/7:_EV_;F_Y/
M9^,7_94_$/\ Z<KBOZB:_EV_;F_Y/9^,7_94_$/_ *<KBKI;GAY]_"AZL\LH
MHHK<^9"BBB@ KV3_ ()V_P#)_'P6_P"RIZ#_ .E\->-U[)_P3M_Y/X^"W_94
M]!_]+X:'L:T/X\?5?F?T\4445QGWX4444 %%%% !1110 5^>@M?VF=9^!7CG
M_@HK!^UCXZM_%G@SQ5KES)\,QJ:KX<M]/TR_EBDTV:RV\R-;0D^;D,/,5L%O
MG/Z%U\'_ !+_ &/_ -F3Q3XT\=7VL_\ !537M%/C>[N$\7^'[#Q[I%I;7&Y3
M"T,UNJJK%8QY1+@N57#$T ?1OBSX\>+O#_[6_P ,OAE:2V<_A3XB>#]:N(8O
MLY%U!?68M9UE+[L&-H9F7;C[W.>@KV.OEW]D?X ?LO\ @?XO1^/M%_;&O_BW
MXW@T)],T=_$'CJSU%]+L,JTB6MO!CRP=J[FP>!VR<_45 !1110 4444 %%%%
M !1110!QGQ]^.OP[_9S^&&I?$[XD^*M,TJTM+>7['_:E^ENMY=+#))';1ER-
MTC^6P51DG!P.*^=/^'L_P/\ "O[$]M\<?%_Q=\ :M\1#X-M[^X\$>']?B\QM
M3FC3;:B$RO*@2211)RQ0(Y_AKZD^('P\\%_%/PI=^"?'WARTU33;V!XYK>[@
M60#>C(67<#M8*S ,.1GBOCSX:_\ !+3XHQ>*_!/@SXX_$?P1KGPT^&VJQWV@
M66E>#TM]7UPVX*VD>I38VND8(W*I82[?G!)W  S?V?\ _@I;XB\&?%SP_P"#
MOVKOVJ/@GXCT3QGI%U<C5O!>M11+X5OX467[)=.92C0R*61)"<F1-N3D9^YM
M'UC2O$.D6NOZ#J4%Y8WULEQ97EM*'CGB=0R2(PX964@@C@@UX=\5/V,?#WCK
M]I#X7?$71? ?@NR\*>"FUBZU^P_LM%N-2N;BT^S6R"-8?+:./?)(2[@[MF%/
M)KW:TM+6PM8K&QMHX8(8UCAAB0*D: 8"J!P  , "@"2BBB@ HHKQ3X]?MS>
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M?U_67^TO86"_LX?$!ELH01X(U7!$8_Y\Y:_DTKMPFS.+%[H****ZSD"BBB@
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M +(JU_PF/AC_ *#4'_?5.T/3M/\ [%L_]!A_X]8_^60_NBK7]G:?_P ^,/\
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M'_OT* *?_"8^&/\ H-0?]]4?\)CX8_Z#4'_?57/[.T__ )\8?^_0H_L[3_\
MGQA_[]"@#Y+_ ."V?B;0+[_@EQ\6[2TU2*21]*L0J*>3_P 3*UK^;&OZ5_\
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MH I_\)CX8_Z#4'_?5'_"8^&/^@U!_P!]5<_L[3_^?&'_ +]"C^SM/_Y\8?\
MOT* *?\ PF/AC_H-0?\ ?5'_  F/AC_H-0?]]5<_L[3_ /GQA_[]"C^SM/\
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M4 %%%% ']:6A_P#(%L_^O6/_ -!%6JJZ'_R!;/\ Z]8__015JN,_0UL%%%%
MPHHHH **** "BBB@ HHHH ^>O^"L7_*-KXT?]B%>_P#H(K^7ROZ@_P#@K%_R
MC:^-'_8A7O\ Z"*_E\KNPOP,X<5\:"BBBNHY0HHHH *_4?\ X-8?^3H/B9_V
M(47_ *6Q5^7%?J/_ ,&L/_)T'Q,_[$*+_P!+8JRK_P )FM#^*C]P:_F__P""
MR_\ RDV^+7_8;MO_ $AMJ_I K^;_ /X++_\ *3;XM?\ 8;MO_2&VKAI?$<^>
M_P"[1]?T9\QT445N?+!1110 5M_#3_DH_A__ +#=I_Z.2L2MOX:?\E'\/_\
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MP3_Z&WQW_P"%E<_XU[I10!X7_P .]_@G_P!#;X[_ /"RN?\ &C_AWO\ !/\
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M#;X[_P#"RN?\:/\ AWO\$_\ H;?'?_A97/\ C7NE% 'A?_#O?X)_]#;X[_\
M"RN?\:/^'>_P3_Z&WQW_ .%E<_XU[I10!X7_ ,.]_@G_ -#;X[_\+*Y_QH_X
M=[_!/_H;?'?_ (65S_C7NE% 'A?_  [W^"?_ $-OCO\ \+*Y_P :/^'>_P $
M_P#H;?'?_A97/^->Z44 >%_\.]_@G_T-OCO_ ,+*Y_QH_P"'>_P3_P"AM\=_
M^%E<_P"->Z44 >%_\.]_@G_T-OCO_P +*Y_QH_X=[_!/_H;?'?\ X65S_C7N
ME% 'A?\ P[W^"?\ T-OCO_PLKG_&C_AWO\$_^AM\=_\ A97/^->Z44 >%_\
M#O?X)_\ 0V^._P#PLKG_ !H_X=[_  3_ .AM\=_^%E<_XU[I10!X7_P[W^"?
M_0V^._\ PLKG_&C_ (=[_!/_ *&WQW_X65S_ (U[I10!X7_P[W^"?_0V^.__
M  LKG_&C_AWO\$_^AM\=_P#A97/^->Z44 >%_P##O?X)_P#0V^.__"RN?\:/
M^'>_P3_Z&WQW_P"%E<_XU[I10!X7_P .]_@G_P!#;X[_ /"RN?\ &C_AWO\
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MWO\ !/\ Z&WQW_X65S_C7NE% 'A?_#O?X)_]#;X[_P#"RN?\:/\ AWO\$_\
MH;?'?_A97/\ C7NE% 'A?_#O?X)_]#;X[_\ "RN?\:/^'>_P3_Z&WQW_ .%E
M<_XU[I10!X7_ ,.]_@G_ -#;X[_\+*Y_QH_X=[_!/_H;?'?_ (65S_C7NE%
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M_P"AM\=_^%E<_P"->Z44 >%_\.]_@G_T-OCO_P +*Y_QH_X=[_!/_H;?'?\
MX65S_C7NE% 'A?\ P[W^"?\ T-OCO_PLKG_&C_AWO\$_^AM\=_\ A97/^->Z
M44 <W\*?A;X=^#WA%/!?A>^U*XM$G>42:MJ#W,VYSD@N_./0=JZ2BB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** .8^,?QF^&7[/\ \.]0^*WQ?\76VB:#IB!K
MN^N<GDG"HBJ"TCL2 J*"Q)X%>$-_P5+^'EEI8\8>(?V5_CMI/A,+YLGC/4/A
MNXTZ*WZ_:&V3-,L6.=YBZ?45D?MOV-K\2?V]/V8?@?XLB6?PW<ZQX@\07NGS
M#=%=WFGV"RVNY3PVQBQP>"'-?6<D<<T;0S1JZ.I#*PR"#U!% &7X$\=^#OB=
MX/T[X@?#[Q'::OHNK6JW&G:E8RAXIXVZ$'\P0>0000""*\U\'_MS_L[_ !"_
M:4N?V5_ /BB;6?$=EI]Q=7UWIUN)-/@:!D$MN;C=AIE\Q-RH&"YPQ# @>3?\
M$S]&TS1;G]H']G"WM%D\)>&/B]J=KHFG$?NK6SND#O9H.T:DMQ_MGUIEE\+_
M (>_!C_@IM\*OAI\+/"-EH>A:7\%=:CL=-L(MJ1C[;#DGNS$\L[$LQ)))))H
M ^O*\>^-G[:/@+X.?$!/A)IGPU\>^.?%?V".^N= \!>%WO9;2U=F6.::1VCA
MC5BC@9DR2IXZ9]AJKK.KZ-X<TJ[\1:_J5M8V5E;//>WUW*L<<$* LSN[8"JH
MR22< 9- 'G?[./[6?PQ_:9_MS2O"FG:[H?B#PQ<QP>)?"/BS2C8ZII;R*6C,
ML)+#:Z@E75F4X/-<3X[_ ."CWPJ\+>-O$/@WP7\(/B9X]B\(W36OBS7? ?A+
M[=I^D7" &2"65I4+R1@Y=8E<K@YY!%<M^Q_+J'QF_:"^+'[?>DZ+/9^%/$.E
M6>A> ?M,#12:S9V*N9=1*'!$<LO$1(#%%.0.,Z7_  1YL(8_^">_@;Q!(PEO
MM>FU34]7NS]^YNI=1N=TCGNV JY]%% 'K%W^U7\"+7]GF/\ :G3QREQX'FL(
M[N#5[*TFF,BO((E01(AD\PRD1F/;N#Y4@$''F^F?\%*OA?!XBT;2_B?\#OBM
M\/M+\0:A'8Z/XI\=>#/L6F3W$AQ%&TBRN\!?^'S40=2< $C%_P""6P32O#GQ
MJ^'5F@&E>%?VAO$VGZ';J/DMK7?!,L2CL%>1SQW-5O\ @I)J-K^T7::1_P $
M\?AV@U#Q1XUU33[_ ,22VXW#PUH=K=Q7$M_,P_U;,T2QQJ<%RY [9 /7?VE_
MVL_ ?[+B^'(/%?@[Q9X@O_%>HRV6B:/X-T,ZA>7$L<1E?$*L&8! 3\N3QTQS
M5/X$_M>6'QW\93>#;;]G/XN^$VAT][O^T_'?@"?2[-PKHOE+-(2#*=^0G4A6
M/:N._;1^&_[1&L?'WX+_ !J^!'PGL/&,7@*]UZ?5M)O_ !-%I:^9=V*VUN_F
M2(Y(7=*QVHQRJCC.1<^%?[:?CZ3XZ:5^S?\ M2?LZ77PX\3>);.XN/!]Y;^(
MH=6TS6Q;IOGBCN(TC,<RI\WENO0=1N0, ?05%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110!S'QC^,WPR_9_\ AWJ'Q6^+_BZVT30=,0-=WUSD\DX5
M$506D=B0%106)/ KPAO^"I?P\LM+'C#Q#^RO\=M)\)A?-D\9ZA\-W&G16_7[
M0VR9IEBQSO,73ZBLC]M^QM?B3^WI^S#\#_%D2S^&[G6/$'B"]T^8;HKN\T^P
M66UW*>&V,6.#P0YKZSDCCFC:&:-71U(96&00>H(H Y23X[?"-?@S)^T+#XZL
M[CP9%HS:JVOV>Z:'[(JEFD C!8X .5 W @@C(Q7B]Q_P5"^$NB06OB;QY\"/
MB[X6\'W=S'#%X_\ $?@5K;2$$C!8Y9'\TS11N67#O$H.16%_P2\MX?!NM_'G
MX#:(@7PWX.^,FHQ^'+0#]W96UPJRFUC'0(C;L#U<^M;/_!3#QXOBGX3/^Q?\
M.K*/6?B%\6(1IND:.OS"QL3(OVG4[G&?*@B16PYY9P H.&P ?2\$\-S"ES;3
M+)'(H:.1&!5E(R"".HKR#XV?MH^ O@Y\0$^$FF?#7Q[XY\5_8([ZYT#P%X7>
M]EM+5V98YII':.&-6*.!F3)*GCIGTSP+X5M_ O@C1O!%I=//%HVE6]C%/+]Z
M188EC#'W(7-6]9U?1O#FE7?B+7]2MK&RLK9Y[V^NY5CC@A0%F=W; 55&223@
M#)H \[_9Q_:S^&/[3/\ ;FE>%-.UW0_$'ABYC@\2^$?%FE&QU32WD4M&9826
M&UU!*NK,IP>:XGQW_P %'OA5X6\;>(?!O@OX0?$SQ[%X1NFM?%FN^ _"7V[3
M](N$ ,D$LK2H7DC!RZQ*Y7!SR"*Y;]C^74/C-^T%\6/V^])T6>S\*>(=*L]"
M\ _:8&BDUFSL5<RZB4."(Y9>(B0&**<@<9TO^"/-A#'_ ,$]_ WB"1A+?:]-
MJFIZO=G[]S=2ZC<[I'/=L!5SZ** /6+O]JOX$6O[/,?[4Z>.4N/ \UA'=P:O
M96DTQD5Y!$J")$,GF&4B,Q[=P?*D @X\WTS_ (*5?"^#Q%HVE_$_X'?%;X?:
M7X@U".QT?Q3XZ\&?8M,GN)#B*-I%E=X"_P##YJ(.I. "1B_\$M@FE>'/C5\.
MK- -*\*_M#>)M/T.W4?);6N^"98E'8*\CGCN:K?\%)-1M?VB[32/^">/P[0:
MAXH\:ZII]_XDEMQN'AK0[6[BN);^9A_JV9HECC4X+ER!VR >N_M+_M9^ _V7
M%\.0>*_!WBSQ!?\ BO49;+1-'\&Z&=0O+B6.(ROB%6#, @)^7)XZ8YJG\"?V
MO+#X[^,IO!MM^SG\7?";0Z>]W_:?COP!/I=FX5T7REFD)!E._(3J0K'M7'?M
MH_#?]HC6/C[\%_C5\"/A/8>,8O 5[KT^K:3?^)HM+7S+NQ6VMW\R1')"[I6.
MU&.54<9R+GPK_;3\?2?'32OV;_VI/V=+KX<>)O$MG<7'@^\M_$4.K:9K8MTW
MSQ1W$:1F.94^;RW7H.HW(& /H*BBB@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH YCXQ_&;X9?L__#O4/BM\7_%UMHF@Z8@:[OKG)Y)PJ(J@M([$@*B@
ML2>!7A#?\%2_AY9:6/&'B']E?X[:3X3"^;)XSU#X;N-.BM^OVAMDS3+%CG>8
MNGU%9'[;]C:_$G]O3]F'X'^+(EG\-W.L>(/$%[I\PW17=YI]@LMKN4\-L8L<
M'@AS7UG)''-&T,T:NCJ0RL,@@]010!R%[\?_ (0V?P3D_:*B\:07G@V/23J?
M]MZ9#)=(]L!DNJ1*SL1T*A=P(((!!QXU?_\ !3_X9>&K2#Q1\1_V=?C+X3\)
MS7$<;>./$G@(P:9 LC!4EE*RM-%&Q( 9H@#D>HK$_P""74,?@K7?CQ\"="&S
MPYX-^,NH1^&[5?\ 5V-O<*LIM8QV1&R0/5SZUQO[?_[3OQG\8?"/Q/\  _Q'
M^R_XD\!^#];EDTKQ%\5/$=J;_3],T[S0KW:V]@LTK;T'R&3RU4N"S#% 'V_:
M7=IJ%I%?V%S'/!/&LD,T3ADD0C(92.""#D$5Y%\;/VT? 7P<^("?"33/AKX]
M\<^*_L$=]<Z!X"\+O>RVEJ[,L<TTCM'#&K%' S)DE3QTSZ#\)]*\,:%\+/#6
MB>"=974M%L_#]G!I&HI,)!=6J0(L4H=>&#(%;<.#G-:VLZOHWAS2KOQ%K^I6
MUC965L\][?7<JQQP0H"S.[M@*JC)))P!DT >=_LX_M9_#']IG^W-*\*:=KNA
M^(/#%S'!XE\(^+-*-CJFEO(I:,RPDL-KJ"5=693@\UQ/CO\ X*/?"KPMXV\0
M^#?!?P@^)GCV+PC=-:^+-=\!^$OMVGZ1<( 9()96E0O)&#EUB5RN#GD$5RW[
M'\NH?&;]H+XL?M]Z3HL]GX4\0Z59Z%X!^TP-%)K-G8JYEU$H<$1RR\1$@,44
MY XSI?\ !'FPAC_X)[^!O$$C"6^UZ;5-3U>[/W[FZEU&YW2.>[8"KGT44 >L
M7?[5?P(M?V>8_P!J=/'*7'@>:PCNX-7LK2:8R*\@B5!$B&3S#*1&8]NX/E2
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MZ]/JVDW_ (FBTM?,N[%;:W?S)$<D+NE8[48Y51QG(N?"O]M/Q])\=-*_9O\
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M);_]DWQAXL^"VAK;W>H6?A?4[6#_ (2Z]V1RK%<O+(K+9Q.2IA _>/&2QQM
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M+%?OI-C=VEO,NFVZRS;[BXCMX\*S*"-\JYYX&3STKX[^,G[-5Y^TO^VM\?\
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MBG^VO$^M?VK_ &GJ?V&"V\[R=5O((_W<")&N(HHU^51G;DY))/\ -97]$O\
MP0J_Y16_"W_N.?\ I\U"IJ)*.AWY-7KU<4U.;:MU;?5'UO7DW[4'[:/P0_9
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MQR."L/[57[5/QJ\1> _V;_B'^S%J\>DWOQ5\0VD8L]1_>6RI>Z<[*+E1@R)
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M+?-YDH/V>T@7=++CT&1@>Y('O7FO_#9VE?:]G_"!7'D9_P!9]O7?C_=V8_\
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M2>*TG,2QYE)B4,\;",,2J[ERW:_#&?XO_LR_MZ:)^S5J_P ?_%7C_P '>.?
MU]JMD/&\\-S?Z7?VDR;BMQ%%'NB>-B-A7@X].0#ZPHKX$US]K'P-^T/\>?B-
MI7Q<_P""@MQ\&?#/@;Q5<>'/#'AKPUX@L]-U#49K7"W&HW,T\<C21-*2L<8
M7$9SD[BWL/\ P34_:>\0_'CP_P"//AYXJ^)MAXYN/AYXL.F:?XYTY(U37=-D
M3S+6X<1?)YN ZN5X)4=3DD ^FJ*^;/\ @IW\6/C5\(_A;X U/X!^)4TSQ!K'
MQ>T32(S<)N@N4N//7R)E&"T3,$W $' X(KA?VI?A_P#M-_L6_"B[_:\\#_MA
M^.?&M]X6GM[SQ?X4\8?8VTK6+)ID2X2WAA@3[$P#EU*LQ 7&3U(!]FT5\?\
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M /[1_P"WC\0/A1\2;'Q=>6OASP!I5_::18KIRRD6<ENMQ;,-2\Q!NW;RS<\
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MDM]<6E\9)I6D<B](&2<GM7HE%>9F62Y3G,8K'4(U5&]N9)VOO:_>QUX3'XW
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M_P 7W/BK2-1\*K9RZEH]]=!?M-I-;W+H6B+H&1T;"CKDL0OT-^SCXT\6^/\
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M^"CG[$_PK\97_@'QM\?--M]4TJ<PZK%:V-U=QV4H.&CFE@B>.)P>"K,"I!!
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M:01^/? GB2\\+^.5MHPD<M_:,%^THH  2:,I(, +N9@HP!7MM?*G[%K+;_\
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M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
M4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1
M110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%
<% !1110 4444 %%%% !1110 4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>image_0a.jpg
<TEXT>
begin 644 image_0a.jpg
MB5!.1PT*&@H    -24A$4@  #+(    +" 8   #15442    "7!(67,  $SE
M  !,Y0%USO"5    TDE$051XVNS;,0T   @#0:37.3A@(V&X)F>@^U>2!@
M            @&OE!                (0L                "%D
M          ! R (              ("0!0               "$+
M        "%D                0L@               ("0!0
M    @"<ABYG9N@$  /__[<$Q 0   ,*@]4]M"4^@              #@8F93
2]9&0B#M4     $E%3D2N0F""

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
