Energizing the Future

Outlook • LT NEEPS growth target of 5-7% FY22 NEEPS of $3.75-$3.95 Financing forecast unchanged - - New credit facility in July 2022 . . Expanded to $1.3B Extended through July 2027 Incorporates sustainability-linked KPIs Supports credit metrics • FFO/debt¹: 15-16% FY22 guidance $4.18 0.30 0.20 $3.95 0.05 FY21 MO 5%-7% Gas Utility Marketing Run Rate Rate of Growth & Other Return Financing forecast2 ($ Millions) $3.75 • Holdco debt: below 20% 1FFO = operating income + D+A+ impairments - cash paid for interest, net of amounts capitalized-cash paid for income taxes Total debt = long-term debt + current maturities + notes payable 2Debt issuance net of maturities 15 Spire | Investor presentation - August 2022 300-400 250-300 244 52 FY22 25-75 FY23 25-75 Common and hybrid equity FY24 Operating company long-term debt

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