Avista Corporation · NYSE:AVA
Avista — Corporate Update (February 2026)
33 slides from Avista's corporate update, Feb 18, 2026
Slide 1: Equity Advisory Group – Equity Lens Session
Session 1: Wednesday, February 18, 2026, 12:00pm Session 2: Friday, February 20, 2026, 07:30am Equity Advisory Group – Equity Lens Session February 2026 | www.myavista.com/eag
Slide 2: Agenda
Agenda Topic Presenter Welcome, introductions, agenda, and shared expectations Amber Lenhart, Facilitator Connections/Partner Shares Connections/Partners Rendall Farley, Manager and Clay Electric Vehicle Community Program Christensen, Coordination Clean Energy Solutions Revisit Named Communities Inv
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: Spectrum of Public Participation
Spectrum of Public Participation 5 Equity Advisory Group
Slide 6: Today's Equity Lens Session Goals
Today’s Equity Lens Session Goals Consult with EAG Inform EAG members Collaborate with EAG members to share their about Electric Vehicle & questions and perspectives members around priorities for Climate Commitment Act the Named Communities for the Climate Programs Investment Fund Commitment Act Pro
Slide 7: Connection Question
Connection Question What is a personal “gold medal moment” or significant achievement you've made in your life that made you feel proud, even if no one else saw it? 7 Equity Advisory Group
Slide 8: Partner Shares
Partner Shares • Do you have a "win" to celebrate? • What upcoming events or opportunities do you want to share with other EAG members and their communities? • What pressing issues or needs are you hearing about in your communities or organizations that we should consider or work together to address
Slide 9: EAG Comment & Action Review
EAG Comment & Action Review Ana Matthews 9 Equity Advisory Group
Slide 10: January Meeting: Chat Comment
January Meeting: Chat Comment An Avista energy conservation grant replaced the lighting in our Edwall fire station, and it flickers because the high efficiency lighting doesn't seem to be compatible with our sketchy wiring. Avista Small Business Lighting Replaced damaged breaker in the electrical pa
Slide 11: Community EV Program
Community EV Program Rendall Farley and Clay Christensen | Clean Energy Solutions 11 Equity Advisory Group
Slide 12: Community EV Program
Community EV Program • Partnerships: Community-based organizations (CBOs) in Avista’s WA Service territory can apply for EV funding to benefit disadvantaged or underserved communities. • CBOs with EVs + Charging Equipment • Active partnerships - 16 • Awarded EVs - 17 • 2024 EV Stats • Trips taken by
Slide 13: Electrifying Results
Electrifying Results 855 41,870 $6,518 Spokane Regional Health District’s 2023 Kia Niro EV 6,731 pounds se #AIVISTA
Slide 14: Electrifying Results
ee Electrifying Results The Dignified Workday crew & their Ford F-150 Lightning se #AIVISTA
Slide 15: Community EV Program - 2026 Details
Community EV Program - 2026 Details Funding Details • Total funding available: $220,000 • Charging infrastructure: Provided by Avista • Award size: Multiple projects will be funded and recommended proposal budgets should not exceed $55,000 (excluding charging infrastructure) Evaluation Criteria • 25
Slide 16: Optional footer for data sources, etc.
Optional footer for data sources, etc. 16
Slide 17: Named Communities Investment Fund Initiative Prioritization
Named Communities Investment Fund Initiative Prioritization Amber 17 Equity Advisory Group
Slide 18: Looking Back: November/December 2022
Looking Back: November/December 2022 18 Equity Advisory Group
Slide 19: Looking Back: November/December 2022
Looking Back: November/December 2022 19 Equity Advisory Group
Slide 20: EAG NCIF Prioritization
EAG NCIF Prioritization Rank Initiatives 1 Focus efforts on improving energy efficiency (and EE awareness/education) for schools, community centers, and other places where Named Communities spend time 1 Focus efforts on improving energy efficiency for Spokane Tribe partners 2 Improve energy efficien
Slide 21: NCIF Results At a Glance (so far)
NCIF Results At a Glance (so far) • Energy efficiency projects in schools, churches, and community centers • Projects in partnership with the Spokane Tribe • Window replacement, duct sealing, and other improvements in multi-family and manufactured homes • Energy efficient products food food banks an
Slide 22: Revisiting EAG Priorities for NCIF Proposals
Revisiting EAG Priorities for NCIF Proposals • What clarifying questions do you have about the process or our goals for today's discussion? • How are we doing? Are we on the right track? • How else could an NCIF project benefit your community or named communities? • What is missing? o Were there ide
Slide 23: Climate Commitment Act Programs for Named Communities
Climate Commitment Act Programs for Named Communities Meghan Pinch and Steven Cutter | Customer Energy Solutions 23 Equity Advisory Group
Slide 24: Climate Commitment Act (CCA)
Climate Commitment Act (CCA) • A Washington State Law, passed in 2021, that aims to reduce greenhouse gas emissions and improve air quality. • Imposes limits or caps on emissions. • Utilities and other entities are required to invest in clean energy and/ or purchase credits for emissions that exceed
Slide 25: CCA Program Guidelines
CCA Program Guidelines Eligibility: Customers on natural gas schedule 101 (residential and small commercial) Allowable uses: for programs that reduce natural gas use for customers in Named Communities (including income-qualified customers) Restrictions: revenues cannot be moved from the gas utility
Slide 26: Potential CCA Programs
Potential CCA Programs • Deferred maintenance for weatherization agency partnerships: Funding for repairs that enable weatherization- ie plumbing repair, roof repair, roof replacement. Income- qualified customers • Supplemental assistance for Home Insulation Program: gas customers in Named Communiti
Slide 27: Deferred Maintenance- feedback from agency partners
Deferred Maintenance- feedback from agency partners • Strong interest from participating organizations o Agencies are enthusiastic about the opportunity. Many partners have deferred maintenance needs and can greatly benefit from the funding. • Program scope limited to gas-heated homes, reducing over
Slide 28: CCA Programs- 2026 Timeline
CCA Programs- 2026 Timeline • Discussions with Agencies re deferred maintenance preferences and capacity Jan. • Developed list of potential programs • EEAG consultation Feb. • EAG consultation • Feedback from EEAG and EAG incorporated into program proposal Mar. • Final proposal established and distr
Slide 29: CCA Programs- Discussion
CCA Programs- Discussion How do you envision these proposed programs benefitting communities you support? What additional program ideas should we consider? 29 Equity Advisory Group
Slide 30: Questions and Discussion
Questions and Discussion Amber Lenhart 30 Equity Advisory Group
Slide 31: Questions and Discussion
Questions and Discussion ❑ What clarifying questions or curiosities do you have about the presentations? ❑ What disparities, root factors, or inequities (historic and current) are related to these topics? ❑ How could Avista improve engagement strategies related to these topics, if at all? ❑ What new
Slide 32: Thank you
Thank you Sign up for our Stay Engaged quarterly newsletter www.myavista.com/ceta Provide input through our Provide Feedback public comment form Share with your communities 32 Equity Advisory Group
Slide 33: Next EAG Equity Lens Session Meetings
Next EAG Equity Lens Session Meetings Afternoon: 12pm – 1:30pm Wednesday, March Amber Lenhart 18th amber@sip-nw.org 509.475.9575 Friday, March 20th Ana Matthews Ana.Matthews@avistacorp.com Morning: 7:30am to 509.495.7979 9:00am Mark your calendars: In-person meeting in Spokane on Wednesday, April 22