Teekay Corporation (NYSE:TK) Q2 2021 Earnings Conference Call August 5, 2021 11:00 AM ET Company Participants Ryan Hamilton - IR Vince Lok - CFO Kenneth Hvid - President and CEO Conference Call Participants Sandy Burns - Stifel Operator Welcome to Teekay Corporation's Second Quarter 2021 Earnings Results Conference Call. During the call, all participants will be in a listen-only mode. Afterwards, you'll be invited to participate in a question-and-answer session. [Operator Instructions] As a reminder, this c ...

| --- | --- | |--------------------------------------------------------------|----------------| | | | | | | | Teekay Corporation Second Quarter 2021 Earnings Presentation | August 5, 2021 | Forward Looking Statements This presentation contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management's current views with respect to certain future events and performance, including statements, among other things, regarding: Teekay Parent ...

Teekay Corporation (NYSE:TK) Q1 2021 Earnings Conference Call May 13, 2021 11:00 AM ET Company Participants Ryan Hamilton - Investor Relations Vince Lok - Chief Financial Officer Kenneth Hvid - President & Chief Executive Officer Conference Call Participants Sandy Burns - Stifel Operator Welcome to Teekay Corporation's First Quarter 2021 Earnings Results Conference Call. During the call, all participants will be in a listen-only mode. Afterwards, you will be invited to participate in a question-andanswer se ...

Financial Performance - Teekay Corporation's total adjusted EBITDA was $202 million in Q1-21, slightly up from $201 million in Q4-20[5, 6] - Consolidated adjusted net income was $11 million, or $0.11 per share, in Q1-21, compared to $3 million, or $0.03 per share, in Q4-20[5, 8] - Teekay LNG's Q1-21 adjusted net income was $60 million, or $0.61 per unit, slightly better than Q4-20[16] - Teekay Tankers reported an adjusted net loss of $22 million, or $0.65 per share, in Q1-21, compared to a loss of $40.7 million, or $1.21 per share, in Q4-20[18] FPSO Segment Wind-Down - Teekay expects to reduce total accrued asset retirement obligations (ARO) in Q2-21, assuming decommissioning agreement conditions are met by June 2021[10] - Phase I of the Banff decommissioning project was completed below budget, with a net negative EBITDA of $1 million in Q1-21, $3 million ahead of expectations[12] - A conditional agreement was entered into in April 2021, where the customer will take over remaining Phase II decommissioning responsibilities for the Banff field[12] Teekay LNG (TGP) - Teekay Parent is expected to receive $43 million per year in cash distributions from TGP based on the new distribution level[16] - LNG fleet is now 98% fixed for the remainder of 2021 and 89% fixed in 2022[16] - Increased common unit distribution by 15% to $1.15 per unit on an annualized basis[16] Teekay Tankers (TNK) - Teekay Tankers had a liquidity position of $372 million as of March 31, 2021, with a net debt to cap of 32%[18]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________ FORM 20-F ____________________________________ (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ...

| --- | --- | |--------------------------------------------------------------------------|-------------------| | | | | | | | Teekay Corporation Fourth Quarter and Annual 2020 Earnings Presentation | February 25, 2021 | Forward Looking Statements This presentation contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management's current views with respect to certain future events and performance, including statements, among other thi ...

Teekay Corporation (NYSE:TK) Q4 2020 Earnings Conference Call February 25, 2021 11:00 AM ET Company Participants Ryan Hamilton - Investor Relations Vince Lok - Executive Vice President and Chief Financial Officer Kenneth Hvid - President and Chief Executive Officer Operator Welcome to Teekay Corporation's Fourth Quarter and Fiscal 2020 Earnings Results Conference Call. During the call, all participants will be in a listen-only mode. Afterwards you will be invited to participate in a question-and-answer sess ...

Teekay Corporation (NYSE:TK) Q3 2020 Earnings Conference Call November 12, 2020 11:00 AM ET Company Participants Ryan Hamilton - Investor Relations Vincent Lok - Executive Vice President and Chief Financial Officer Kenneth Hvid - President and Chief Executive Officer Operator Welcome to TeekayÂ's Corporation Third Quarter 2020 Earnings Results Conference Call. During the call, all participants will be in a listen-only mode. Afterwards, you will be invited to participate in a question-andanswer session. [Ope ...

Teekay Corporation (NYSE:TK) Q2 2020 Earnings Conference Call August 13, 2020 11:00 AM ET Company Participants Ryan Hamilton - Investor Relations Vince Lok - Chief Financial Officer & Executive Vice President Kenneth Hvid - President & Chief Executive Officer Conference Call Participants J Mintzmyer - Value Investor's Edge Sandy Burns - Stifel Operator Welcome to Teekay Corporation's Second Quarter 2020 Earnings Results Conference Call. During the call, all participants will be in a listen-only mode. Afterw ...

Teekay Corporation Q2-2020 Earnings Presentation August 13, 2020 Forward Looking Statements This presentation contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management's current views with respect to certain future events and performance, including statements, among other things, regarding: the impact of COVID-19 and related global events on the Company's business and financial results; the Company's ability to complete remain ...