We hosted Jamie Heard VP Frostad VP Exploration at our Kiawah Energy Conference. TOU sees no need for further capex deferrals at current strip, though will be cautious with special divs. Interest remains in additional egress southbound, but TOU remains positive on CAD LNG and data centers. TOU's collocated data center seems to be progressing, but more certainty may be needed around Greenlight/Keephills prior to further advancement.No Plan: TOU does not see a need to defer any additional capex given where the AECO strip currently sits (~C$2/Gj for the balance of '26). Aitken and Groundbirch remain on time and on budget. The company noted lighter seasonal storage builds this year vs 2025, and expects the West Coast market to be improved later this summer.