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Investor Presentaiton

Contracted Load Attractive Profile of Existing Contracts Beauregard Claiborne Contract Expiration · 2025 2025 Concordia 2025 Jeff Davis 2025 Point Coupee 2025 SLECA 2025 SLEMCO 2025 WST Northeast SWEPCO CLECO Connecting Louisiana's future. Cooperatives Utility 2025 2024 2026 Beyond 2025 • • Multiple RFPs are underway for Louisiana Co-ops to procure long-term supply Received notice of two RFPs (~1 GW) in which Cleco Cajun was not selected . • Cleco Cajun has intervened in the certification process In addition, Cleco Cajun is actively evaluating other opportunities to market its generation beyond 2025 Cleco Cajun is in active negotiations with Co-ops running third RFP process to provide long-term, full- requirements solution Diverse long-term contracted load provides strong and stable cash flow through 2025; active process underway to evaluate opportunities to market uncontracted generation beyond 2025 11
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