Energizing the Future

Investing in growth YTD FY22 capex totaled $403M, driven by gas utility investment Capital expenditures (Millions) $500 $463 29 $403 $400 12 $300 - - - $196M pipeline upgrades - $89M new business $200 434 391 • 5-year capex remains $3.1B $100 - Driven by utility pipeline replacement and new business spend $0 9 mos. FY21 ■Gas Utility 9 mos. FY22 Pipelines, storage and other Supported by LT upgrade programs and good recovery mechanisms FY22-FY26 forecast: ~$3.1B (Millions) Drives rate base growth of 7-8% $700 $660 - Supports our continuing commitment $640 $620 $590 to reliability and sustainability $600 $540 $500 $400 $300 FY22 FY23 FY24 FY25 FY26 7 Spire | Investor presentation - August 2022

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