Avista Corporation · NYSE:AVA
Avista — Investor Presentation (November 2025)
22 slides from Avista's investor presentation, Nov 19, 2025
Slide 1: Equity Advisory Group – Equity Lens Session
Session 1: Wednesday, November 19, 2025, 12:00pm Session 2: Friday, November 21, 2025, 07:30am Equity Advisory Group – Equity Lens Session November 2025 | www.myavista.com/ceta and www.myavista.com/eag
Slide 2: Introductions & Agenda
Introductions & Agenda Topic Topic Owner Amber Lenhart, Founder & Principal, Social Welcome, introductions overview of the meeting: rules and intent Impact Partners Northwest Connections/Partner Shares Amber Lenhart Lisa Garrett, Product Manager Electric Demographic Collection for Distributed Energy
Slide 3: Shared Expectations
Shared Expectations ❑ Stay present mentally and physically when possible. ❑ Listen with an open mind and be open to new ideas. ❑ Participate in discussion, share concerns and ideas, and give others space to do so. ❑ Ask questions at any time. Use Zoom’s “raise hand” feature or chat during presentati
Slide 4: Introductions
Introductions We’re so glad you’re here! Please share in the chat: ❑ Your name ❑ Organization or community Optional: Consider including your pronouns in your Zoom name 4 Equity Advisory Group
Slide 5: Today's Equity Lens Session Goals
Today’s Equity Lens Session Goals EAG Equity Lens Session EAG Meeting Goals Meeting Goals 1. Inform about Distributed Energy Programs. 2. Consult on demographic data collection for Distributed Energy programs. 3. Involve in strategic discussion on the structure of the EAG. 5 Equity Advisory Group
Slide 6: Spectrum of Public Participation
Spectrum of Public Participation 6 Equity Advisory Group
Slide 7: Connect
Connect If you were a potato, how would you be prepared and why? 7 Equity Advisory Group
Slide 8: Partner Shares
Partner Shares ▪ Upcoming relevant community events or opportunities ▪ Pressing issues facing our community or a need someone might be able to address ▪ Challenges your organization is facing (especially around equity) 8 Equity Advisory Group
Slide 9: Customer Demographics for Distributed Energy Resources
Customer Demographics for Distributed Energy Resources Lisa Garrett, Product Manager Electric Transportation Meghan Pinch, Manager Energy Efficiency Program Managers 9 Equity Advisory Group
Slide 10: Distributed Energy Resources
Distributed Energy Resources • Definition: Distributed energy resource" means a non- emitting electric generation or renewable resource or program that reduces electric demand, manages the level or timing of electricity consumption, or provides storage, electric energy, capacity, or ancillary servic
Slide 11: Demographics & Distributed Energy Resource Programs
Demographics & Distributed Energy Resource Programs • UTC Dockets UE-240006 & UG-240007 • Commission acknowledges the value demographic data can have for utilities when designing programs and addressing equity considerations • Commission requires Avista to work with Advisory Groups to establish fram
Slide 12: Demographics & Distributed Energy Resource Programs
Demographics & Distributed Energy Resource Programs Establishing a Framework • Avista will use My Energy Discount (MED) demographics as a starting point • Need to determine what information to collect and how to gather it from customers • Need to consider how to track, manage, and store data 12 Equi
Slide 13: Demographics Collected through My Energy Discount
Demographics Collected through My Energy Discount • Education level* • Ethnicity* • Disability status* • Preferred Language • Military Veteran • Housing (Own or Rent) • Senior over 60 • Fuel/Heat Source • Race* • Income* *Sensitive demographic information 13 Equity Advisory Group
Slide 14: Shaping the EAG
Shaping the EAG November 2025
Slide 15: Today
Today I. Membership II. Onboarding and Development III. Meeting Structure IV. Engagement V. Planning for 2026 15 Equity Advisory Group November 2025
Slide 16: Membership Structure & Composition
Membership Structure & Composition Ensure the group reflects diverse Composition perspectives and remains effective What is the ideal number of members for effective engagement? Is the current composition balanced across geography, demographics and expertise? Who might be missing? Recruitment ideas?
Slide 17: Onboarding & Development
Onboarding & Development • How can we best support member success? • What do new members need to feel prepared and included? • What ongoing learning or development would help us grow as a group? 17 Equity Advisory Group
Slide 18: Meeting Structure
Meeting Structure Are current meeting times and formats working? Should we meet virtually, in person, or hybrid? How do we support out-of-town members? 18 Equity Advisory Group
Slide 19: Staying Connected
Staying Connected Communication & Transparency • Are our current communication tools working (meeting invites, materials)? • Meeting notes, videos, and slides are featured at www.myavista.com? Are there other ways we document and share meeting outcomes? 19 Equity Advisory Group
Slide 20: 2026 Planning
2026 Planning What topics are you excited to CEIP updates, Energy Efficiency, EVs, Community Partnerships, Equity in explore in 2026? Capital Planning, etc. Would you be interested in site visits to learn more about the company (e.g., dams, etc.)? Are there programs and/or Avista roles you might be
Slide 21: Thank you
Thank you Sign up for our Stay Engaged quarterly newsletter www.myavista.com/ceta Provide input through our public Provide Feedback comment form (anonymous and identified options) Share with your communities 21 Equity Advisory Group
Slide 22: Next EAG Equity Lens Session Meetings
Next EAG Equity Lens Session Meetings ➢No December 2025 meeting Amber Lenhart amber@sip-nw.org ➢Meetings will commence again in 509.475.9575 January 2026 Ana Matthews ➢Meetings are the 3rd full week of Ana.Matthews@avistacorp.com 509.475.7979 the month on o Wednesday at noon Avista’s EAG Team Email