Investor Presentaiton

30 Managed capital plan to support customer growth, reliability, and clean transition $1.65B $1.50B $1.53B $1.53B $190 $214 $250 $270 Other Generation $260 $560 $340 $330 Clean Generation $263 $250 $210 $210 Transmission $595 $510 $530 Distribution $500 ■ Other $170 $175 2021 2022E $185 2023E $190 2024E 2022-2024 as disclosed in the First Quarter 2022 Form 10-Q. Total 2022-2024 $4.7B PINNACLE WEST CAPITAL CORPORATION

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