WEC Energy Group — Jan 5, 2026 release

2030E Asset base $58.5 billion2024A Asset base $30.8 billion 11.3% CAGR 57%24% 5% 4% 10% 49% 32% 2% 7% 10% 59% non-VLC/bespoke 14% VLC/bespoke 10% 3% 4% 10% 73% Total WI Electric generation and distribution Natural gas distribution LNG (distribution and generation) WECI Electric transmission*   19 Solar 3,700 MW $7.6 billion Battery Storage 1,780 MW $2.2 billion Wind 555 MW $1.8 billion Grand Total 6,035 MW $11.6 billion Investing $11.6 Billion in Regulated Renewables 2026-2030 Capital Plan Dollars exclude capital spend outside of 2026-2030.   20 2026-2030 Capital Plan Investing $7.4B in Our Thermal Generation Fleet and LNG Capacity Proposed Oak Creek Combustion Turbine and LNG Storage Facility Combustion Turbines 3,300 MW $5.2 billion RICE Generation 180 MW $240 million CCGT Summer Upgrades 150 MW $280 million Coal to Gas Conversions and Fuel Oil Backup $370 million Dollars exclude capital spend outside of 2026-2030. Investing $6.1B in our thermal generation fleet Modern, efficient natural gas generation serves as a critical resource in our energy transformation. Investing $1.3B in LNG Storage Facilities LNG provides a solution to ensure gas supply for power generation and to meet peak customer demand for heating. LNG Storage Facilities 6 Bcf $1.3 billion   21 $1,095 $1,337 $1,477 $1,493 $1,502 $657 $802 $886 $896 $901 2026 2027 2028 2029 2030 ATC WEC portion 60% Capital Drivers*:  Economic Growth  $1.4 billion  LRTP  Tranche 1  $700 million  Tranche 2  $400 million  $800 million additional investment expected 2031 and beyond (2024 dollars) WEC portion of ATC investment expected from 2026-2030: $4.1 billion Future Transmission Investment Projected Capital Expenditures (millions) * All amounts represent WEC’s 60% portion.   22 Pipe Retirement Program (PRP)  Plan to retire over 1,000 miles of older, cast and ductile iron pipe (less than 36 inches in diameter)  Annual investme