On April 16, 2024, TC Energy Corporation announced that it has received a shareholder proposal from the Salal Foundation request that the Board to commission an independent assessment of the financial, time, reputation and goodwill damage the Company has incurred from failing to obtain Free, Prior and Informed Consent for its projects. Shareholders request that the review be disclosed by December 31, 2024. It should be prepared at reasonable cost and omit confidential information.

In addition, the Company urged the shareholders to vote against the proposal at its annual general meeting of shareholders scheduled to be held on June 4, 2024.