SCHEDULE 13G 0000886982 XXXXXXXX LIVE Common Stock 06/30/2025 0001144800 TRANSALTA CORPORATION 89346D107 TRANSALTA PLACE, 1400 1100 1ST STREET S.E CALGARY Z4 T2G 181 Rule 13d-1(b) THE GOLDMAN SACHS GROUP, INC. DE 0.00 16350772.73 0.00 16350772.73 16350772.73 5.5 HC CO GOLDMAN SACHS & CO. LLC NY 0.00 16350772.73 0.00 16350772.73 16350772.73 5.5 BD OO IA TRANSALTA CORPORATION TRANSALTA PLACE,1400, 1100 1ST STREET S.E, CALGARY, Z4, T2G 181 THE GOLDMAN SACHS GROUP, INC.| GOLDMAN SACHS & CO. LLC The Goldman Sachs Group, Inc. 200 West Street New York, NY 10282| Goldman Sachs & Co. LLC 200 West Street New York, NY 10282 THE GOLDMAN SACHS GROUP, INC. - Delaware| GOLDMAN SACHS & CO. LLC - New York N BD IA HC See the response(s) to Item 9 on the attached cover page(s). See the response(s)to Item 11 on the attached cover page(s). See the response(s) to Item 5 on the attached cover page(s). See the response(s) to Item 6 on the attached cover page(s). See the response(s) to Item 7 on the attached cover page(s). See the response(s) to Item 8 on the attached cover page(s). Y Y N See Exhibit (99.2) Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Common Stock, par value $ per share, of TRANSALTA CORPORATION and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13G. Date: 07/17/2025 THE GOLDMAN SACHS GROUP, INC. By:/s/ Sam Prashanth ---------------------------------------- Name: Sam Prashanth Title: Attorney-in-fact GOLDMAN SACHS & CO. LLC By:/s/ Sam Prashanth ---------------------------------------- Name: Sam Prashanth Title: Attorney-in-fact EXHIBIT (99.2) ITEM 7 INFORMATION The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company, are owned, or may be deemed to be beneficially owned, by Goldman Sachs & Co. LLC ("Goldman Sachs"), a broker or dealer registered under Section 15 of the Act and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Goldman Sachs is a subsidiary of GS Group. THE GOLDMAN SACHS GROUP, INC. Name: Sam Prashanth 07/17/2025 GOLDMAN SACHS & CO. LLC Name: Sam Prashanth 07/17/2025