WEC Energy Group (WEC) investor relations material

Company overview and performance

• Operates in America's heartland with a $37.7 billion market cap, 4.8 million retail customers, and $52.8 billion in assets as of July 2026.

• Achieved or exceeded EPS guidance for over 22 consecutive years, with a 6.7% CAGR in EPS and 6.9% CAGR in dividends since 2015.

• Ranked first in the 2025 E Source Large Business Customer Satisfaction Study.

• Included in S&P's High Yield Dividend Aristocrats Index, with 23 years of consecutive dividend increases.

Growth outlook and capital plan

• Long-term EPS growth targeted at 7.0–8.0% CAGR, with expectations to reach the upper half of guidance starting in 2028.

• Largest five-year capital plan in company history: $37.5 billion projected spend from 2026–2030.

• $12.6 billion allocated to regulated renewables, $7.4 billion to thermal generation and LNG, and $4.1 billion to electric transmission.

• Asset base projected to grow from $34.2 billion in 2025 to $59.6 billion in 2030.

Regulatory and rate review updates

• Wisconsin and Illinois rate reviews filed, with new rates expected January 2027; proposed ROEs around 9.9% and equity ratios up to 55%.

• Illinois Rider settlement approved, resolving $2.3 billion in dockets and providing $125 million in customer credits over three years.

• Very Large Customer (VLC) tariff approved in Wisconsin, supporting large-scale customer growth and dedicated generation resources.