Pinnacle West Capital — Investor Day (November 2012)

4 slides from Pinnacle West Capital's investor day presentation, Nov 9, 2012

Slide 1: Delivering Superior Shareholder Value: Strategic Overview
DELIVERING SUPERIOR SHAREHOLDER VALUE STRATEGIC OVERVIEW Don Brandt
Slide 2: Pinnacle West: Who We Are
2 PINNACLE WEST: WHO WE ARE We are a vertically integrated, regulated electric utility. NYSE Ticker PNW Market Cap $6 Billion Enterprise Value $9 Billion Yield 4% STATE OF ARIZONA Principal Subsidiary • Arizona’s largest electric utility • $13 billion assets Service Territory • 1.1 million customer
Slide 3: Arizona Corporation Commissioners
3 ARIZONA CORPORATION COMMISSIONERS Three seats for four-year terms through January 2017 were addressed in the November 2012 election. Terms Through 2017 Terms Through 2015 New Commissioners Incumbents Susan Bob Bob Brenda Gary Pierce (R)* Bitter-Smith (R) Burns (R) Stump (R)* Burns (R) Chairman *Te
Slide 4: Superior Shareholder Returns
4 SUPERIOR SHAREHOLDER RETURNS Our total return to shareholders has outperformed our industry and the broad market over the past five years. Pinnacle West S&P 500 S&P 1500 Electric Utilities 100% 80% 77.3% 60% 40% 48.6% 45.6% 32.3% 20% 26.7% 25.7% 21.8% 21.4% 17.5% 19.0% 2.1% 0% (1.2)% (20.0)% 1 Yea