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Transforming For Our Future

Robust Investment Opportunities Across All Businesses Over Next Decade¹ Modernizing the grid and investing in cleaner generation Investment Plan 2022-20261 ($ billions) $17.3 $3.5 $1.8 $3.1 $8.9 2022-2026 ■Ameren Transmission ■Ameren Illinois Natural Gas ■Ameren Illinois Electric Distribution Ameren Missouri 1 Effective as of Feb. 18, 2022 Earnings Conference Call. • • • $45B+ Strong Pipeline of Regulated Infrastructure Investments 2022-2031 Additional Investment Opportunities Ameren ⚫ Modernize electric and gas transmission and distribution grid • Operate generation facilities safely and reliably Comply with regulatory requirements Renewable investment opportunities at Ameren Missouri Regionally beneficial transmission projects to support clean energy transition Electrification of transportation investment opportunities • Assumes constructive energy policies and ratemaking First Quarter 2022 Earnings | May 6, 2022 26
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