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Investor Presentaiton

Liquidity and Credit Ratings Available Liquidity As of 09/30/2021 in $ millions Cleco Holdings (1) Cleco Credit Ratings(3) Cash and Equivalents $116.9 $156.3 Power(2) Consolidated $273.2 As of 11/01/2021 Moody's S&P Fitch Cleco Holdings Baa3 BBB- BBB- Credit Facility Capacity $175.0 $300.0 Outlook Stable Stable Stable Less: Amount Drawn $0.0 $0.0 Available Credit Facility $175.0 $300.0 $475.0 Cleco Power A3 BBB+ BBB+ Total Liquidity $291.9 $456.3 $748.2 Outlook Stable Negative Stable Bank Facilities Successfully Refinanced May 2021 • Cleco Holdings and Cleco Power extended their respective revolving credit facilities five years to 2026 and term loans three years to 2024 Full Revolving Credit Facility Capacity Available After Issuance of Floating Rate Notes • Cleco Power issued $325 million of Floating Rate Senior Note maturing June 15, 2023 and callable at par on or after March 15, 2022; proceeds were used for general corporate purposes including repaying outstanding Cleco Power revolving credit facility balances as well as funding prospective Hurricane Ida storm restoration costs Cleco Power intends to use proceeds from its pending storm restoration cost securitization to retire the Floating Rate Notes Source: Cleco public filings Cleco Holdings and Cleco Power maintain robust liquidity (1) Including Cleco Cajun, excluding Cleco Power; Credit Facility matures 2026, commitment fee of 0.275% and rate of L+1.625% Excludes Restricted Cash, Credit Facility matures 2026, commitment fee of 0.150% and rate of L+1.250% Senior Unsecured Ratings CLECO (2) Connecting Louisiana's future. (3) 15
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