Investor Presentaiton

Key Credit Highlights 1 Vertically integrated, regulated utility 2 Constructive regulatory model 3 Historical cost recovery through securitization with enabling legislation 4 Improving credit metrics profile 5 Credit protection from holding company with strong ring-fencing provisions 6 Vision to transition away from fossil fuel generation CLECO Connecting Louisiana's future. Commitment to maintaining strong investment grade ratings at Cleco Power 110

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