Slide 1: Investor Update
Investor Update April 2020 >> evergy.
Slide 2: Important Information
Important Information Forward Looking Statements Statements made in this presentation that are not based on historical facts are forward-looking, may involve risks and uncertainties, and are intended to be as of the date when made. Forward-looking statements include, but are not limited to, statemen
Slide 3: COVID-19 Summary
COVID-19 Summary • Pandemic response plans in place and being implemented • Too early to predict long-term impacts on sales • Strong liquidity • CapEx plan well positioned with no equity needs • Pension trackers in both Kansas and Missouri • Strategic Review & Operations Committee 3 April 2020 Inves
Slide 4: COVID-19 Response Plans
COVID-19 Response Plans • Employee and public safety are first priority • Working diligently to maintain normal operations while implementing pandemic response plans - Over 2,000 of our ~5,300 employees are working from home - Implementing social distancing protocol for critical sites and using remo
Slide 5: Retail Electric Sales
Retail Electric Sales Estimated 2020 earnings sensitivity to Too early to predict long-term impacts on sales across customer classes sales or cash-flow Estimated Retail Class % Change Earnings 2019 Retail Sales Estimated Earnings Contribution Impact by Customer Type by Customer Type (in millions) Re
Slide 6: Strong Liquidity Position
Strong Liquidity Position Limited Capital Market Needs • $2.5B credit facility maturing in September 2023 - ~$1.4B of available capacity as of March 31, 2020 - ~$300M of cash on hand as of March 31, 2020 • Increased liquidity through debt financing strategy - On April 2nd, Evergy Kansas Central issu
Slide 7: Well Positioned
NEW SLIDE Well Positioned • Regulatory calendar is limited in near-term - Next rate cases are expected in 2022 in Missouri and 2023 in Kansas • Flexible capital plan that is not dependent on issuing equity - Focused on critical projects to maintain and improve customer reliability - No current plans
Slide 8: Strategic Review & Operations Committee
Strategic Review & Operations Committee • In February, announced cooperation agreement with Elliott Management and created a four-person Strategic Review & Operations Committee (SROC) - Members include: Terry Bassham, Art Stall, Paul Keglevic and Kirk Andrews - Co-Chairs: Art Stall and Paul Keglevic