Investor Presentaiton
Delivering on Our Investment Thesis
ppl
Today's business plan update further enhances our premium investment proposition
✓ Announced 2023 EPS guidance in line with growth targets
✓ Extended 6% - 8% EPS and dividend growth through 2026
✓ Added $2.5 billion of capital investment to our plan
building on this team's proven track record
an additional year of top-tier earnings growth
increasing rate base growth projection to 5.6%
✓ Increased targeted annual O&M savings to at least $175 million by 2026 →
>15% more cost savings
✓ Advanced our clean energy strategy with continued focus on reliability and affordability
coal generation by 2028 (1)
✓ Maintained top-tier credit metrics
Builds on best-in-class governance
no equity issuances through plan period
added Linda Sullivan to PPL's Board of Directors
retiring >30% of
(1) Based on plan proposed in December 2022 CPCN filing subject to KPSC approval.
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