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Investor Presentaiton

Company Overview Investor Fact Book October 2023 | Xcel Energy Xcel Energy Inc. 2022 GAAP and Ongoing (diluted) EPS of $3.17 (net of -$0.29 impact from Xcel Energy Inc. and other costs) Northern States Power Company - (NSPM) Territory: MN, ND, and SD • 2022 Ongoing EPS Contribution: $1.23 • Electric Customers: 1.5 million • Natural Gas Customers: 0.5 million • Electric Generating Capacity: 8,949 MW • Natural Gas Storage Capacity: 17.1 Bcf • Total Assets: $23.7 billion Northern States Power Company - (NSPW) Territory: WI and MI • 2022 Ongoing EPS Contribution: $0.23 • Electric Customers: 0.3 million • Natural Gas Customers: 0.1 million • Electric Generating Capacity: 548 MW • Natural Gas Storage Capacity: 4.3 Bcf • Total Assets: $3.4 billion Public Service Company of Colorado (PSCo) Territory: CO • 2022 Ongoing EPS Contribution: $1.33 • Electric Customers: 1.6 million • Natural Gas Customers: 1.5 million • Electric Generating Capacity: 6,151 MW • Natural Gas Storage Capacity: 32.1 Bcf • Total Assets: $23.6 billion Southwestern Public Service Company (SPS) Territory: TX and NM • 2022 Ongoing EPS Contribution: $0.64 • Electric Customers: 0.4 million • Electric Generating Capacity: 5,249 MW • Total Assets: $9.7 billion WYCO Development LLC (50/50 joint venture with Colorado Interstate Gas Company that develops and leases natural gas pipelines, storage, and compression facilities) WestGas InterState, Inc. (interstate natural gas pipeline company) See page 4 and note 1 in our 2022 year end earnings report for more information about our use of non-GAAP numbers The only common equity securities that are publicly traded are common shares of Xcel Energy Inc. The diluted earnings and EPS of each subsidiary discussed here do not represent a direct legal interest in the assets and liabilities allocated to such subsidiary but rather represent a direct interest in our assets and liabilities as a whole. Ongoing diluted EPS for Xcel Energy and by subsidiary is a financial measure not recognized under GAAP. Ongoing diluted EPS is calculated by dividing the net income or loss attributable to the controlling interest of each subsidiary, adjusted for certain items, by the weighted average fully diluted Xcel Energy Inc. common shares outstanding for the period. We use this non- GAAP financial measure to evaluate and provide details of Xcel Energy's core earnings and underlying performance. We believe this measurement is useful to investors in facilitating period over period comparisons and evaluating or projecting financial results. This non-GAAP financial measure should not be considered as an alternative to measures calculated and reported in accordance with GAAP. 3
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