CALGARY, AB, Oct. 6, 2021 /PRNewswire/ — ATCO Ltd. (TSX: ACO. X) (TSX: ACO. Y) The ATCO Board of Directors appointing Katie J. Patrick as Executive Vice President, Chief Financial Officer

“Our Board of Directors has great confidence in Katie’s ability to provide monetary management while executing the LONG-term investment strategy of the ATCO business organization,” said Nancy Southern, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF ATCO.

Ms. Patrick Maximum recently senior vice president, Investment Portfolio Management, guilty of formulating ATCO’s investment strategy and overseeing ATCO’s corporate portfolio, will remain directly to blame for ATCO’s investments, adding Neltume Ports, one of Latin America’s leading port operators, of which ATCO has a 40% stake; and ASHCOR, ATCO’s wholly-owned fly ash subsidiary, which effectively expanded its operations in 2021.

Ms. Patrick joined ATCO in 2015 as Senior Director of Mergers and Acquisitions, guilty of comparing corporate mergers and acquisitions and formulating strategies. During his time at ATCO, he held positions of responsibility and played key roles in the financing of Alberta PowerLine, the largest APP allocation in Canadian history, and in the sale of Canadian Utilities Limited’s fossil fuel energy portfolio in Canada.

Ms. Patrick began her career in investment banking in New York and then held executive and leadership positions in the legal, monetary and agri-food sectors in Canada and the United States. Prior to joining ATCO, he held positions at Bunge, Viterra, RBC and Lehman Brothers. He holds a Bachelor of Science degree in Economics from the Wharton School of Business at the University of Pennsylvania and earned his JD/MBA from the University of Toronto. She is also a collegiate financial analyst.

With approximately 6,200 workers and $22 billion in assets, ATCO is a diversified global company that invests in Structures’ core services.

Investor Inquiries: Colin Jackson, Senior Vice President of Finance, Treasury, Risk and Sustainability Colin. Jackson@atco. com 403-808-2636

Media Inquiries: Kurt Kadatz Senior Director, Corporate Communications Kurt. Kadatz@atco. com 587228 4571

Forward-Looking Information: Certain statements in this press release may constitute forward-looking information. Prospective data is often, but not always, known through the use of words such as “anticipate,” “plan,” “estimate,” “expect,” “could,” “will,” “intend,” “should,” and expressions.

Forward-looking data refer to known and unknown risks, uncertainties and other points that would possibly cause actual effects or occasions that differ materially from those expected in such forward-looking data.

The Company’s actual effects may also differ materially from those expected in this forward-looking data as a result of regulatory decisions, competitive points in the sectors in which the Company operates, prevailing economic situations (including those that would possibly be affected by the COVID-19 pandemic) and other points, many of which are beyond the Company’s control.

The Company believes that the expectations reflected in the forward-looking data are reasonable, however, it cannot be guaranteed that such expectations will prove to be accurate and that such forward-looking data will not be improperly based on them.

Any forward-looking data contained in this press release represents the Company’s expectations as of the date here now and is subject to replacement after that date. The Company disclaims any objective or legal responsibility to update or revise any forward-looking data, whether as a result of new data, long-term occasions or otherwise, as required by applicable securities legislation.

SOURCE ATCO Ltd.

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