Investor Presentaiton

Market Pricing Effective: 3/31/2023 Apr-Dec'23 2024 Apr-Dec'23 2024 Power (ATC, $/MWh) Spark Spreads ($/mwhr) ERCOT North Hub $40.40 $43.15 Approx. Contribution ERCOT West Hub $37.34 $40.33 ERCOT PJM AD Hub $37.26 $44.82 PJM Ni Hub $32.15 $40.51 ERCOT North Hub-Houston Ship Channel 90% $19.54 ERCOT West Hub-Permian Basin $15.74 10% $25.79 $17.17 PJM Western Hub $37.39 $46.84 Weighted Average $20.17 $15.89 MISO Indiana Hub $40.44 $48.08 ISONE Mass Hub $49.16 $68.47 PJM New York Zone A $27.28 $36.62 CAISO NP15 $85.73 $89.59 PJM AD Hub-Dominion South PJM AD Hub-Tetco ELA 25% $19.70 $22.02 25% $16.45 $17.77 Gas ($/MMBtu) NYMEX $2.75 $3.63 PJM Ni Hub-Chicago Citygate PJM Western Hub-Tetco M3 Weighted Average 25% $10.18 $10.90 25% $16.25 $14.07 $15.64 $16.19 Houston Ship Channel $2.55 $3.46 Permian Basin $1.26 $2.87 NENY Dominion South $2.09 $2.82 Tetco ELA $2.54 $3.41 ISONE Mass Hub-Algonquin Citygate New York Zone A-Dominion South 75% $16.24 $15.45 25% $9.72 $13.82 Chicago Citygate $2.70 $3.76 Weighted Average $14.61 $15.04 Tetco M3 $2.59 $4.20 Algonquin Citygate $4.22 $7.02 CAISO PG&E Citygate $7.14 $6.33 CAISO NP15-PG&E Citygate $31.80 $41.50 Vistra Investor Presentation/June 2023 39 39 VISTRA

View entire presentation