Investor Presentation - September 2021 slide image

Investor Presentation - September 2021

Growing organically Increasing new business spend Record $97M investment in FY20 - 9-month FY21 spend of $104M New premise activations 15,000 12,441 10,938 11,159 11,645 9,498 10,000 Greater engagement on economic development Driving margin via customer growth and supportive regulatory outcomes - Extending service to more customers including ag industry in MO and AL Increasing new premise activations Controlling costs across our utilities 5,000 0 2016 2017 2018 2019 2020 O&M expenses per customer¹ $270 $270 $260 $252 $250 $244 $240 $230 2014 2015 2016 $260 $256 $251 $251 $245 $241 $236 2017 2018 2019 2020 24 Spire | Investor presentation - September 2021 ¹Operation and maintenance (O&M) expenses and customers for Spire Missouri, Spire Alabama and Spire Gulf for all years. Expenses in orange for 2018-2020 exclude Missouri rate case items and the mix of service and non-service postretirement benefit costs transferred below the operating income line.
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