IRC §6045B Reporting 2019

Teekay Offshore GP LLC, the general partner of Teekay Offshore declared cash distributions to the Series A preferred unitholders of record for the periods from November 15, 2018 to February 14, 2019, February 15, 2019 to May 14, 2019, May 15, 2019 to August 14, 2019, and August 15, 2019 to November 14, 2019 as follows:

Date Declared:
Date of Record:
Amount per Unit:
Date Paid:
January 8, 2019
February 8, 2019
$0.4531
February 15, 2019
April 24, 2019
May 8, 2019
$0.4531
May 15, 2019
July 25, 2019
May 8, 2019
$0.4531
August 15, 2019
November 5, 2019
November 8, 2019
$0.4531
November 15, 2019

Teekay Offshore GP LLC, the general partner of Teekay Offshore declared cash distributions to the Series B preferred unitholders of record for the periods from November 15, 2018 to February 14, 2019, February 15, 2019 to May 14, 2019, May 15, 2019 to August 14, 2019, and August 15, 2019 to November 14, 2019 as follows:

Date Declared:
Date of Record:
Amount per Unit:
Date Paid:
January 8, 2019
February 8, 2019
$0.5313
February 15, 2019
April 24, 2019
May 8, 2019
$0.5313
May 15, 2019
July 25, 2019
August 8, 2019
$0.5313
August 15, 2019
November 5, 2019
November 8, 2019
$0.5313
November 15, 2019

Teekay Offshore GP LLC, the general partner of Teekay Offshore declared cash distributions to the Series E preferred unitholders of record for the periods from November 15, 2018 to February 14, 2019, February 15, 2019 to May 14, 2019, May 15, 2019 to August 14, 2019 and August 15, 2019 to November 14, 2019.

Date Declared:
Date of Record:
Amount per Unit:
Date Paid:
January 8, 2019
February 8, 2019
$0.5547
February 15, 2019
April 24, 2019
May 8, 2019
$0.5547
May 15, 2019
July 25, 2019
August 8, 2019
$0.5547
August 15, 2019
November 5, 2019
November 8, 2019
$0.5547
November 15, 2019

Pursuant to Internal Revenue Code Section 6045B, the attached Form 8937 summarizes to all unitholders of record the character of these distributions based upon Teekay Offshore’s estimated earnings and profits as of the date of distribution.

We encourage holders of record to consult their Tax Advisor for the proper treatment of any Teekay Offshore distribution in their tax return.