News Release

3/5/2025

SOUTH BOW REPORTS FOURTH-QUARTER AND YEAR-END 2025 RESULTS AND DECLARES DIVIDEND

CALGARY, Alta. – March 5, 2026 – South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) reports its fourth-quarter and year-end 2025 financial and operational results. Unless otherwise noted, all financial figures in this news release are unaudited and presented in U.S. dollars.