Suspension of Dividend Reinvestment Plan

On October 26, 2021, Capital Power suspended its Dividend Reinvestment Plan (DRIP) for its common shares effective for the December 31, 2021 dividend. Shareholders participating in the DRIP will begin receiving cash dividends on the January 31, 2022 payment date. If the Company elects to reinstate the DRIP in the future, shareholders that were enrolled in the DRIP at its suspension and remain enrolled at reinstatement, will automatically resume participation in the DRIP.