Slide 1: September Investor Presentation
September Investor Presentation NextEra Energy September 2026 NextEra Energy 1
Slide 2: Cautionary Statements and Risk Factors That May Affect Future Results
Cautionary Statements and Non-GAAP Financial Other Risk Factors That May Affect Information See Appendix for definition of Future Results This presentation refers to Adjusted Earnings. This presentation includes certain financial measures that forward-looking statements were not prepared in within t
Slide 3: NextEra Energy has the common platform, scale and experience to power America
NextEra Energy has the common platform, scale and experience to power America ~$290 B Enterprise Value1 ~82 GW in Operations2 Largest electric utility Largest energy infrastructure in the U.S. developer in the U.S. Supply Chain & Buying Power Customer Network Market Knowledge Operating Scale Artific
Slide 4: NextEra Energy's scale and experience across the entire energy value chain
NextEra Energy’s scale and experience across the entire energy value chain position us to lead amid accelerating demand and growing complexity America’s largest energy infrastructure Operates one of America’s largest developer nuclear fleets America’s leading transmission utility Owner and operator
Slide 5: Our world-class supply chain leverages our scale and expertise
Our world-class supply chain leverages our scale and expertise Secured initial gas turbine U.S. battery supply secured capacity with GE Vernova against expectations for 4 GW of combined-cycle through 2029 gas plant capacity Solar panels secured against Purchased switchgears and 1.5x expectations thr
Slide 6: More than 12 ways to grow over the next decade
We believe NextEra Energy is well-positioned to deliver strong growth over the next decade with more than 12 ways to grow Illustrative timeline of when we expect investments to drive earnings growth Key Growth Drivers 2025 2030 2035+ Florida Power & Light Now and long term Businesses Regulated FPL L
Slide 7: Florida Power & Light supports rapid growth with smart investments, high reliability and low customer bills
Florida Power & Light supports rapid growth with smart investments, high reliability and low customer bills FPL added over 90,000 customers from the prior-year comparable period FPL residential bill remains ~30% below the national average1 Top decile reliability that’s more than 60% better than the
Slide 8: FPL's rate settlement keeps bills low and supports smart infrastructure investments
FPL’s rate settlement keeps bills low and supports smart infrastructure investments Key Takeaways Four Years of Certainty Top-End ROE Keeping FPL Bills Low 2026–2029 11.95% Equity Ratio Rate Stabilization Mechanism ~2% average annual increase 59.6% on the typical 1,000-kWh bill ~$1.5 B (unchanged) f
Slide 9: FPL makes smart capital investments, delivering low bills for customers
FPL makes smart capital investments, delivering low bills for customers Cost Effectiveness Reliability Continued Smart Investments Residential Customer Bills Non-Fuel O&M1 GOOD SAIDI2 GOOD Capital Employed3 Typical FPL Residential Bill $/MWh Average Minutes $B $ per 1,000 kWh (adj. for inflation) GO
Slide 10: Energy Resources continues to deliver energy infrastructure to help America meet its power needs
Energy Resources continues to deliver energy infrastructure to help America meet its power needs Recontracted ~1 GW of Point Beach Nuclear; over 2.1 GW of renewables and nuclear recontracted year to date Executed definitive agreements with the U.S. DOC and the Government of Japan for up to 10 GW of
Slide 11: Energy Resources is well positioned to capitalize on the increasing power demand growth
Energy Resources is well positioned to capitalize on the increasing power demand growth Energy Resources Renewables and Storage Origination1 Electric & Gas Transmission GW $B ~$12.7 >25% 14.2 ~$10 13.5 12.1 9.0 8.0 7.4 2 2021 2022 2023 2024 2025 TTM 2026 December 2025 September 2026 Regulatory and I
Slide 12: NextEra Energy Resources added 3.6 GW to the backlog during the second quarter
NextEra Energy Resources added 3.6 GW to the backlog during the second quarter and 7.6 GW year to date NextEra Energy Resources Development Program1 2026–2027 2026–2027 2028–2029 2028–2029 2030–2032 2030–2032 2026–2032 COD & Backlog Expectations Backlog Expectations Backlog Expectations Expectations
Slide 13: Strong adjusted earnings per share growth expectations
NextEra Energy remains well positioned to continue our strong adjusted earnings per share growth NextEra Energy’s Financial Expectations1 Adjusted Earnings Per Share Expectations 2025-2035E Expect 8%+ CAGR through 2032 off 2025 8%+ Long-term adjusted EPS2 Target2 8%+ Long-term Expectations2 Targetin
Slide 14: NextEra Energy and Dominion Energy merger expected to close in second half of 2027
Subject to regulatory approvals, we expect the NextEra Energy and Dominion Energy merger to close in the second half of 2027 Q2 2026 Q3 2026 Q4 2026 Q1 2027 Q2 2027 Q3 2027 Q4 2027 Transaction Federal regulatory applications / regulatory approval process1: Announcement FERC, NRC, HSR State regulator
Slide 15: Appendix
Appendix NeExTera’ ENERGY
Slide 16: NextEra Energy is well positioned to navigate the current interest rate environment
NextEra Energy is well positioned to navigate the current interest rate environment Interest Rate Sensitivity Estimated Adjusted EPS Impact of +50 bps Interest Rate Increase1 2026 2027 2028 $0.00–($0.01) $0.00–($0.02) ($0.01)–($0.03) NextEra Energy’s notional interest rate hedges total $46.2 B2 1. I
Slide 17: Reconciliation of GAAP Net Income to Adjusted Earnings
Reconciliation of GAAP Net Income to Adjusted Earnings Attributable to NextEra Energy, Inc. (Twelve Months Ended December 31, 2025) Energy Corporate NextEra (millions, except per share amounts) FPL Resources & Other Energy, Inc. Net Income (Loss) Attributable to NextEra Energy, Inc. $ 5,012 $ 2,975
Slide 18: Definitional information
Definitional information NextEra Energy, Inc. Adjusted Earnings Expectations (including subsidiaries as applicable) This presentation refers to adjusted earnings per share expectations. NextEra Energy does not provide a quantitative reconciliation of forward-looking adjusted earnings per share to ea
Slide 19: Cautionary Statement
Cautionary Statement This presentation contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but instead represent the current expectations of
Slide 20: Cautionary Statement
Cautionary Statement a prolonged period of low natural gas and oil prices, disrupted production or unsuccessful drilling efforts could impact NextEra Energy Resources, LLC’s (NextEra Energy Resources) natural gas and oil production operations and cause NextEra Energy Resources to delay or cancel cer
Slide 21: Cautionary Statement
Cautionary Statement Additional Information about the Proposed Transactions and Where to Find It In connection with the proposed transactions, NextEra Energy has filed with the SEC the Registration Statement, which includes a joint proxy statement of NextEra Energy and Dominion Energy that also cons