Investor Presentaiton

OGE We Energize Life Review of 2021-2022 Winter Season First of Month (FOM) Pricing Secured a portion of forecasted natural gas volumes through FOM pricing structures Price established at first of the month, addressing volatility for the entirety of the term or 30-day period Using FOM in summer months to further evaluate effectiveness Callable gas with price caps Historically used call options to serve as additional volume in times of increased demand Cap option adds an additional level of surety by limiting price if prices. spike considerably © 2022 OGE Energy Corp. | 2

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