Entergy (ETR) investor relations material

Strategic Growth, Customer Focus, and Stakeholder Value

• Technology, onshoring, electrification, and clean energy are key macro trends, with technology as the largest contributor to growth over the next five years.

• Customer-centric transformation and Fair Share Plus contracts ensure large customers cover incremental and fixed costs, generating $7 billion in savings for existing customers over 15-20 years.

• Stakeholder engagement, community investment, and employee initiatives such as enhanced benefits and a 15% reduction in voluntary turnover support operational and financial success.

• Sales growth has doubled to 9% since the last Investor Day, with retail sales projected to grow by over 50% in five years, driven by large industrial and technology sector demand.

• Residential rates remain among the lowest in the country, with Net Promoter Scores in the industry's first quartile.

Partnerships, Clean Energy, and Community Impact

• Partnerships with AWS and Meta have led to transformative investments, including a $50 billion, 5 GW data center project in Louisiana and significant expansions in Mississippi.

• Data center and industrial growth drive local economic development, workforce training, and infrastructure upgrades, with programs like America's Workforce Academy and Superpower Mississippi.

• Clean energy goals are advanced through collaborative planning for renewables, carbon capture, and next-generation nuclear, with a holistic, portfolio-based approach.

• Large customers pay for their infrastructure and support community programs, resulting in $2.6 billion in ratepayer savings and $200 million in low-income assistance.

• Investments have led to improved community services, such as increased teacher pay and expanded job opportunities.

Financial Guidance, Capital Allocation, and Operational Execution

• Five-year capital plan increased to $67 billion, up from $33 billion, supporting robust infrastructure and generation investments.

• Adjusted EPS guidance targets greater than 8% CAGR through 2030, with projections of >8% EPS growth through 2035 and strong balance sheet.

• Strong cash flow and minimal equity needs are planned, with a $7 billion equity plan out of $67 billion in capital investment.

• Execution strategy leverages scale, partnerships, and standardization, securing 24 GW of dispatchable generation and building over 1,000 miles of new transmission.

• Transmission investments support resilience and reduce storm restoration costs by an estimated 55%.