Investor Presentaiton

Overview of Cleco Power • . • • • • • • Vertically integrated regulated electric utility serving ~290,000(¹) Louisiana customers with over 13,000 miles of transmission and distribution infrastructure Fully upgraded Advanced Metering Infrastructure (AMI) technology in place • Continuous "smart grid" technology investment improves service restoration State-of-the-art IT solutions supporting customer, financial, and work management with Enterprise Resource Planning Serves over 150,000 customers in LA and MS through wholesale contracts 10 generating units across 5 parishes provide geographic diversity; fuel diversity provides cost stability for customers (1) Generation serves both retail and wholesale demand; 2020 peak demand of 2,536 MW Current capacity length has potential to accommodate load growth with existing fleet Successful in proactive franchise renewals; no franchise expirations until April 2022 Revenue anchored by Residential customers comprising nearly 50% of total sales Electricity Sold(2) Total Electricity Sold: 11,216 GWh Electricity Sales Revenue(2) Total Base Revenue: $654 million Shreveport Dolet Hills Brame Energy Center Nesbitt Unit 1 Rodemacher Unit 2 Madison Unit 3 Lake Charles Pineville Regulated Generation Retail Service Territory Wholesale Territory Coughlin (3) DEMCO Baton Rouge Covington Acadia Fuel Mix(2) New Orleans Teche Total Generation: 11,801 GWh Lignite Other Retail 1% Wholesale 26% Residential 32% Industrial 18% Commercial 23% Other Retail 2% Renewables 2% 3% Pet Coke 20% Coal 9% Wholesale 9% Industrial 13% Residential 47% Commercial 29% Natural Gas 66% Cleco Power is a vertically integrated utility with a strong regulatory framework and diverse fuel mix (1) See Appendix for roster of generation assets CLECO (2) Cleco Power Form 10-K for the fiscal year ended 12/31/2020 (3) Connecting Louisiana's future. In August 2021, DEMCO informed Cleco Power that it was not selected as wholesale supplier after its power supply and services agreement expires in 2024 6

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