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Investor Presentaiton

Increasing Capital Plan by $2.5 Billion Through 2026 ppl Updated 2022-2026 Plan: Prior 2022-2026 Plan: $14.3 billion $11.7 billion Even greater capital growth opportunities across all utilities ($ in billions) >20% Increase from Prior Capital Plan $3.4 $3.4 $2.7 $1.1 $1.1 $2.4 $2.4 $0.2 +$0.1 +$0.1 $2.3 2022 $2.3 $2.5 $2.3 $2.3 2023 2024 2025 2026 Prior Planned Capex Projected Capex Additions (1) (1) Includes projected capital expenditures related to replacement generation in Kentucky based upon LG&E's and KU's CPCN filing subject to KPSC approval. CO 6

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