Algonquin Power & Utilities Corp. 6.20% Fixed-to-Floating Subordinated Notes (AQNB)

Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”) today announced that it has commenced (i) solicitations of consents (the “U.S. Solicitations”) from holders of its outstanding 6.20% Fixed-to-Floating Subordinated Notes – Series 2019‑A due July 1, 2079 (NYSE: AQNB) (the “2019‑A Notes”) and its outstanding 4.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-B due January 18, 2082 (the “2022‑B Notes” and, together with the 2019‑A Notes, the “U.S. Notes”) to certain proposed amendments to the indentures governing the U.S. Notes, and (ii) a solicitation of written consents and proxies (the “Canadian Solicitation” and, together with the U.S. Solicitations, the “Consent Solicitations”) from holders of its outstanding 5.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series 2022‑A, due January 18, 2082 (the “2022‑A Notes” and, together with the U.S. Notes, the “Notes”) to approve an extraordinary resolution authorizing certain proposed amendments to the indenture governing the 2022‑A Notes.

Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”) today announced that Liberty Utilities Co. (“Liberty Utilities”), AQN’s U.S. regulated distribution utility holding company, priced an offering of $650 million aggregate principal amount of 5.100% senior notes due May 15, 2031 (the “2031 Notes”) and $500 million aggregate principal amount of 5.650% senior notes due May 15, 2036 (the “2036 Notes” and, together with the 2031 Notes, the “Notes”).

Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) (“AQN”) today announced plans to release its first quarter 2026 financial results on Friday, May 8, 2026, before market open. AQN will hold an earnings conference call at 8:30 a.m. eastern time on Friday, May 8, 2026, hosted by Chief Executive Officer, Rod West, and Chief Financial Officer, Rob Stefani.

Algonquin Power & Utilities Corp. (“AQN”) (TSX: AQN, AQN.PR.A, AQN.PR.D, NYSE: AQN) announced today that its board of directors has approved and declared the following common and preferred share dividends: