Avista Corporation · NYSE:AVA
Avista — Investor Presentation (June 2025)
42 slides from Avista's investor presentation, Jun 20, 2025
Slide 1: Equity Advisory Group – Equity Lens Session
Session 1: Friday, June 20, 2025, 7:30am Session 2: Wednesday, June 25, 2025, 12:00pm Equity Advisory Group – Equity Lens Session June 2025 | www.myavista.com/ceta
Slide 2: Introductions & Agenda
Introductions & Agenda Topic Topic Owner Welcome, introductions overview of the meeting: rules and intent Amber Lenhart Connections/Partner Shares Connections/Partners Mason Burley, Eric Finch, Urbanova – Resident-Centered Research and Innovation CEO Chief Innovation Officer Urbanova INTENT Action R
Slide 3: Ground Rules
Ground Rules ❑ 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 presentations. ❑
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 Meeting Goals EAG Equity Lens Session Meeting Goals: 1. Provide an overview and understanding of Urbanova. 5 Equity Advisory Group
Slide 6: Spectrum of Public Participation
Spectrum of Public Participation 6 Equity Advisory Group
Slide 7: Connection Question
Connection Question We’re getting frozen yogurt! What will you order? 1. Select a flavor 2. Add your toppings 3. Sauce it up (or mix a few) (or don’t) 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: EAG Comment & Action Review
EAG Comment & Action Review Tamara Bradley 9 Equity Advisory Group
Slide 10: EAG Comments & Actions
EAG Comments & Actions Area Comment Avista’s Response Customer ▪ Last month we brainstormed communication ▪ Next month we will provide an update on the Outreach methods to increase participation in Avista’s clean actions taken from our communication energy meetings and surveys. brainstorm from our M
Slide 11: Urbanova
Urbanova Eric Finch, Chief Inovation Officer
Slide 12: Resident-centered research and innovation
resident-centered research and innovation Avista Equity Advisory Group (EAG) June 2025
Slide 13: Who's Urbanova?
WHO'S URBANOVA? “This is an opportunity to innovate at a whole new level.” Heather Rosentrater, vice president. energy delivery. Avista
Slide 14: Civic research & technology: Our Partners
civic research & technology Our Partners 14
Slide 15: Living Laboratory sensor network news article
iE jovernment tec N nology Newsletters Webinars Al CYBERSECURITY DATA = WORKFORCE Events Magazine Papers MOREY Q SSpeciak Constituents Experience ARCHIVE Washington’s ‘Living Laboratory’ to Build Out Its Sensor Network Nine sensors are set to be deployed across the University Stay on top of the late
Slide 16: Listening to Residents' Voices to Build More Equitable Cities
ABOUTUS | LOCATIONS | CAREERS | CONTACTUS | SUBSCaIRE GALLUP — Consuttng Expertise Services & Solutions Lesming&Events News Indicators Stop Q News Politics Economy ~~ World KeyTopics ~ Blogs & Opinion Media Resources ~~ ([[eueecnse | inx € B86 Listening to Residents' Voices to Build More Equitable C
Slide 17: Civic research & technology: Life Evaluation Index
civic research & technology Life Evaluation Index % Thriving Gallup National Health and Well-Being Index Measures • Life Evaluation Index • Health Rating • Well-Being Index – Purpose Wellbeing: Liking what you do each day and being motivated to achieve goals – Social Wellbeing: Having supportive rel
Slide 18: Well-being – East Central Neighborhood
civic research & technology Well-being – East Central Neighborhood % Thriving % Struggling % Suffering Spokane Metro % Thriving Social Wellbeing 35 43 22 35% Community Wellbeing 33 44 24 48% Purpose Wellbeing 27 52 22 36% Physical Wellbeing 22 59 18 35% Financial Wellbeing 22 38 40 55% 18
Slide 19: Urbanova brings together civic groups
civic research & technology ✓ smart decision-making ✓ relevant information/data smart technology ✓ equitable access Urbanova brings together civic groups working to build data-informed, resident-centered solutions. We support community impact initiatives through: • Evaluation and research • Data sol
Slide 20: Actionable data
BOOMTOWN EWU research creates model to predict and prevent homelessness A student at Eastern Washington University created a statistical model to predict homelessness based on information from utility companies. RESEARCH ARTICLE The value of utility payment history in B Oo Oo pA ml O W N predicting
Slide 21: 30+ days Past Due (any in last two years)
30+ days Past Due Accounts Arrears Months (any in last two years) City Only 2,539 (67%) 20,281 (70%) City and Avista Past Due 1,257 (33%) 8,686 (30%) Total City 3,796 28,967
Slide 22: Connected Communities
Residential Business About Us Contact Us “ie Connected Communities Earn incentives, improve reliability, and cut your energy bills with no cost to you. Pacific Northwest WASHINGTON STATE
Slide 23: Alignment and Impact
| EERE Alignment and Impact 3rd & Hatch Substation Project Impacts Create a non-wires alternative to capital upgrades for the local substation. Engage 100 buildings into grid connected resources, combined into a dispatchable reserve for the substation Reduce grid congestion by generating 1.0 to 2.2
Slide 24: Spokane CC Demographics by Census Tract
Tract 30 Tract 31 Tract 32 Tract 45 Tract 145 E Central Perry Hospitals - Manito Sprague - Corbin U Dist Median income (past 12 months) $24,835 $32,628 $31,167 $49,052 $16,688 Below 100 percent of poverty level 24% 16% 23% 6% 42% Different house 1 year ago 15% 19% 33% 14% 31% Renter occupied 41% 41%
Slide 25: Approach: Congestion Analysis and Community Surveys
Approach Community Surveys Congestion Analysis Feelings toward a program where the utility adjusts your thermostat in return for a rebate? Customer contribution to feeder load Heat Heat Dome Wave Coincident peak: 62 MW Peak load: Summer 1-4pm Top 100 electricity users: Coincident Peak: 26 MW (42%)
Slide 26: Customer Motivations by Income Level
Exhibit 7: Customer Motivations (Average Rank) by Income Level $20,000 - $40,000 - $60,000 - $80,000 - $100,000 - $150,000 or Up to $19,999 $39,999 $59,999 $79,999 $99,999 $149,999 more 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00 5.50 6.00 -CrAverage Rank - Saving money Average Rank - Using energy
Slide 27: ZEV Co-op Carsharing
ZEV CO-OP Carsharing On A Mission
Slide 28: How the Service Works
HOW THE SERVICE WORKS MEMBERSHIPS Any individual between 21 and 79 years of age who meets the insurance criteria is eligible to drive a ZEV co-op vehicle. Participants can access these services on a month-to-month basis or enjoy special benefits by becoming a ZEV co-op member. A group can also join
Slide 29: Past Examples of ZEV's
BAINBRIDGE ISLAND - ESTELITA'S LIBRARY - SEATTLE TOWN SQUARE ● social justice community ● first location and has library in Seattle Central PAST been in operation since District June 2023 ● partnered with ZEV in EXAMPLES ● over 800 bookings to date 2023 to add ADA electric van ● supported by local O
Slide 30: Work Done in Spokane
WORK DONE IN SPOKANE GONZAGA UNIVERSITY -SUSTAINABILITY HOUSE ● launched in June 2024 with support from Gonzaga, Urbanova and Avista ● over 180 bookings to date - third highest use site on ZEV network ● university students making regular use of vehicle
Slide 31: Proposed Spokane Locations
PROPOSED SPOKANE LOCATIONS STA PARK & RIDE- NORTH SPOKANE MLK JR MORAN PRAIRIE 5615 S LIBRARY CENTER PALOUSE HWY 44 E HAWTHORNE RD 500 S STONE ST ● Route 4 (Moran-Five Mile) ● Mixed socio-economic area, ● partnership with Avista to and Route 144 (commuter high concentration of multi- develop Energy
Slide 32: Proposed Spokane Locations
PROPOSED SPOKANE LOCATIONS WEST CENTRAL/ SPOKANE PUBLIC KENDALL YARDS LIBRARY-THRIVE 1354 W BRIDGE AVE INTERNATIONAL PARTNERSHIP ● proximity to West Central 6998 N NEVADA ST Community Center, Public Health District, Courthouse ● new library property with user and high-density kiosk, community meetin
Slide 33: Take the Survey
TAKE THE SURVEY https://evcarshare.urbanova.org
Slide 34: Inland Northwest Energy Innovation Cluster
Inland Northwest Energy Innovation Cluster Building a sustainable pathway through merging of effort from INTENT and Urbanova
Slide 35: INW History of Energy Innovation and Expertise
INW History of Energy Innovation and Expertise The region has many examples of energy innovation including: ▪ Longest transmission line in (1903) ▪ Tallest dam with the biggest generators in (1915) ▪ World's first automated metering technology in (1978) ▪ First utility-owned biowaste electric genera
Slide 36: Inland Northwest Energy Innovation Cluster
Inland Northwest Energy Innovation Cluster Washington State Innovation Cluster Acceleration Program (ICAP) Cohort 3 $140K grant award (May-July 2025) to further develop an energy cluster with deeper connections to industry. Core Objectives: • Develop and promote regional energy partnerships, experti
Slide 37: Unique Partnerships define our region
North Idaho Unique Partnerships define our region College College of Southern Big Bend Community College Idaho Consolidated Tribes of STEM & Workforce the Kalispel Coeur d’Alene Tribe BUILT Cluster LCSC Leveraging existing relationships and Plug Power Colville Confederated develop new ones to build
Slide 38: Questions?
Questions? Visit urbanova.org
Slide 39: Questions and Discussion
Questions and Discussion Amber Lenhart 41 Equity Advisory Group
Slide 40: Questions and Discussion
Questions and Discussion ❑ What clarifying questions or curiosities do you have about the presentation? ❑ What disparities, root factors, or inequities (historic and current) are related to this topic? ❑ How could Avista improve engagement strategies related to this topic, if at all? ❑ What new ways
Slide 41: 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 43 Equity Advisory Group
Slide 42: Next EAG Equity Lens Session Meetings
Next EAG Equity Lens Session Meetings Afternoon: 12pm – 1:30pm Amber Lenhart amber@sip-nw.org Wednesday, July 23 509.475.9575 Friday, July 25 Avista’s EAG Team Email ceta@avistacorp.com Morning: 7:30am to 9:00am 44 Equity Advisory Group