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Dividend Reinvestment Plan

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Teekay Corporation’s (the “Company”) shareholder services and transfer agent, Computershare, administers a Dividend Reinvestment Plan (the “Plan”) for shareholders wishing to reinvest a shareholder’s cash dividends to purchase additional common shares of the Company.

The Plan is available to registered holders of common shares of the Company. All administrative expenses, including brokerage commissions, fees or other expenses of Computershare, will be paid by the Company. Beneficial owners whose common shares are registered in names other than their own, for example in the name of a broker or other nominee, must either make appropriate arrangements with their broker or other nominee to participate in the Plan on their behalf or must have their common shares transferred into their names in order to be eligible to participate directly in the Plan.

The common shares of the Company are listed on The New York Stock Exchange.

The link below containing further information about the Plan is administered by Computershare. By clicking the link below, the viewer understands this communication does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful.

Please use your browser’s “back” button when in the Computershare website to return to the Company’s Investor Relations Section or bookmark the page for easy reference.

Teekay Corporation Dividend Reinvestment Plan

Access Your Online Account (existing shareholders)

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