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Investor Presentaiton

Announcing 2023 EPS Forecast In Line with Growth Target Projecting 2023 ongoing earnings forecast range of $1.50 - $1.65 per share (Earnings per share) $1.40 13% Growth ppl 7% Growth $1.58 13% growth from midpoint of 2022 earnings forecast (¹) $1.48 2022 2022 Pro forma Forecast Midpoint (1) Forecast Midpoint (2) Forecast Midpoint (2) 2023 Forecast Midpoint 7% growth from midpoint of 2022 pro forma earnings forecast (2) Full segment walks and related commentary to be provided on year end earnings call (1) Midpoint of PPL's 2022 ongoing earnings forecast range of $1.35 - $1.45 per share, reflecting partial year ownership of Rhode Island Energy (RIE). RIE was acquired in May 2022. See Appendix for reconciliation of reported earnings to ongoing earnings. (2) Midpoint of PPL's pro forma 2022 earnings forecast range of $1.40 - $1.55 per share reflects a full year of earnings contributions from RIE. 13
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