Investor Presentation June 2021
Spire Marketing delivered
Successfully navigated the February cold weather event
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Well positioned with incremental storage positions
Experienced team served customer needs while managing through supply disruptions
Managed market and credit risks while capturing value and optimizing assets
Resulting YTD NEE of $43.1M
Ongoing negotiations on a handful of commercial disputes
• Reinforces Spire Marketing strategic fit
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Gas Marketing is largely a wholesale business serving other utilities
Proven value creation strategy leverages relationships and robust portfolio of storage,
commodity and transportation assets
Provides significant opportunities for value creation in all businesses via market
information, transfer of expertise and training
Generates earnings and cash flow that reduce equity needs and can be recycled into
regulated business investments
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Spire | Investor presentation June 2021
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