“Fundamentally, we believe all our stakeholders have a bright future ahead, and Entergy is championing a better future through fostering growth within our service area and investment in cleaner, more reliable and more resilient energy,” said Marsh.

Entergy is focused on initiatives to improve outcomes and deliver value for all our stakeholders, including capturing customer growth, resolving key regulatory priorities, creating opportunities for employees, making the energy grid more resilient, continuing to enhance our restoration response for our communities, furthering progress on renewable energy, and building generation resources to meet customer-driven needs.

Marsh highlighted several business achievements in 2024:

• “We continued to see strong industrial customer growth, fueled by the competitive advantages of our region. Last year, both �����Ի��� signed electric service agreements with hyperscale data center customers. These new customers bring significant value to our stakeholders, including good jobs, infrastructure improvements and tax revenues for our communities.”
• “Driven by customer interest, we continued to make progress in advancing renewable energy and other clean technology solutions. We brought more than 700 megawatts of solar resources online last year.”
• “O�ܰ���commitment to corporate social responsibility had a positive impact in 2024, resulting in an economic impact of over $153 million for our customers and communities. Our dedicated employees played a pivotal role in our economic impact, contributing more than 122,000 hours of volunteer service valued at more than $4 million across our service area.”
• Serving as a  of the New Orleans Super Bowl LIX Host Committee, Entergy strengthened our stakeholder engagements leading up to the big game. “In partnership with the Host Committee, the New Orleans Saints, the NFL Foundation and other philanthropic organizations, we created the charitable legacy program, . Through Impact 59, we awarded more than $3.5 million in impactful grants to local nonprofit organizations. This program is making a positive impact in the Greater New Orleans community and has left a legacy of philanthropy that will endure long after the Super Bowl ends.”
• “Finally, we effectuated a �����Ի� again delivered  last year, in the top half of our guidance range. We also  our quarterly dividend per share by approximately 6% and, importantly, we continued to make positive progress on our credit metrics in 2024, which provides financial flexibility as well as long-term customer benefits through lower cost of capital.”

Explore Entergy’s  to learn about our latest progress and the growth opportunities ahead.

Other business

Additional business conducted during today’s meeting:

• Entergy shareholders elected all 10 director nominees to the company’s board of directors.
• Two management proposals related to the appointment of the company’s independent public accountants and executive compensation were voted on and approved by shareholders.
• Marsh responded to several shareholder questions on a range of topics, including the growth potential for data centers and new industrial customers for the Entergy region, our progress on hardening the energy grid for severe weather events, potential tariff impacts on our operations, and how the company is integrating artificial intelligence into its operations.

A replay of Entergy’s annual shareholders meeting and responses to questions asked during the meeting will be published on our  next week.

About Entergy

Entergy (NYSE: ETR) produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We’re also investing in cleaner energy generation like modern natural gas, nuclear and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy was a founding partner of the Host Committee for Super Bowl LIX played in New Orleans, Louisiana, the home of Entergy’s corporate headquarters. A Fortune 500 company, Entergy has approximately 12,000 employees. Learn more at entergy.com�����Ի� connect with @Entergy on social media.

Cautionary note regarding forward-looking statements

In this news release, and from time to time, ���ϳԹ��� makes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, statements regarding Entergy’s 2025 earnings guidance; financial and operational outlooks; industrial load growth outlooks; statements regarding its climate transition and resilience plans, goals, beliefs, or expectations; and other statements of Entergy’s plans, beliefs, or expectations included in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy’s most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy’s other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust values or earnings or in the timing or cost of decommissioning Entergy’s nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including (1) strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized, and (2) Entergy’s ability to meet the rapidly growing demand for electricity, including from hyperscale data centers and other large customers, and to manage the impacts of such growth on customers and Entergy’s business, or the risk that contracted or expected load growth does not materialize or is not sustained; (h) direct and indirect impacts to Entergy or its customers from pandemics, terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy’s business or operations, and/or other catastrophic events; and (i) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, international trade, or energy policies; (2) changes in commodity markets, capital markets, or economic conditions; and (3) technological change, including the costs, pace of development, and commercialization of new and emerging technologies.

Investor inquiries:
Liz Hunter
504-576-3294
ehunte1@entergy.com

Media inquiries:
Neal Kirby
504-576-4238
nkirby@entergy.com

NEW ORLEANS – ���ϳԹ��� (NYSE: ETR) reported first quarter 2025 earnings per share of 82 cents on an as-reported and an adjusted (non-GAAP) basis.

“We had a productive start to the year with progress on our key objectives,” said Drew Marsh, Entergy Chair and Chief Executive Officer. “We are confident in the opportunity ahead as well as our ability to execute and deliver value on behalf of our customers and all stakeholders.”

Business highlights included the following:

• Entergy Texas received approval to place $137 million of transmission investments into rates through the TCRF rider.
• The state of Arkansas passed legislation to allow recovery for certain generation and transmission investments outside of the formula rate plan four percent cap.
• Entergy Louisiana received approval from the LPSC for the West Bank 230kV transmission project.
• Entergy Louisiana received the final approval needed for the sale of its gas distribution business from East Baton Rouge parish.
• Entergy Mississippi filed its annual formula rate plan.
• ���ϳԹ��� completed an approximately $1.5 billion common stock offering with a forward component.
• EEI awarded its Emergency Response Award to Entergy in recognition of restoration work after Hurricane Francine.

Calculations may differ due to rounding

Consolidated results

For first quarter 2025, the company reported earnings of $361 million, or 82 cents per share, on an as-reported and an adjusted basis. This compared to first quarter 2024 earnings of $75 million, or 18 cents per share, on an as-reported basis, and $230 million, or 54 cents per share, on an adjusted basis.

Summary discussions of results by business follow. Additional details, including information on operating cash flow by business, are provided in . A more detailed analysis of earnings per share variances by business is provided in .

Business results

Utility

For first quarter 2025, the Utility business reported earnings attributable to ���ϳԹ��� of $490 million, or $1.11 per share, on an as-reported and an adjusted basis. This compared to first quarter 2024 earnings of $195 million, or 46 cents per share, on an as-reported basis, and earnings of $350 million, or 82 cents per share, on an adjusted basis.

The primary drivers for the quarter’s earnings increase included:

• higher retail sales volume, including the impacts of weather;
• the net effect of regulatory actions across the operating companies;
• other income (deductions); and
• lower other O&M.

These drivers were partially offset by higher interest expense as well as higher depreciation and amortization.

First quarter 2024 results also reflected items that were considered adjustments and excluded from adjusted earnings:

• Entergy Arkansas recorded a write off of $(132 million) ($(97 million) after tax) for a regulatory asset related to the opportunity sales proceeding.
• Entergy New Orleans recorded a regulatory charge of $(79 million) ($(57 million) after tax) to reflect the company’s agreement to share additional income tax benefits from the 2016–2018 IRS audit resolution with customers.

On a per share basis, first quarter 2025 results reflected higher diluted average number of common shares outstanding primarily due to the dilutive effect from unsettled equity forwards as a result of an increase in the stock price and option exercises under the company’s stock-based compensation plans.

 contains additional details on Utility operating and financial measures.

Parent & Other

For first quarter 2025, Parent & Other reported a loss attributable to ���ϳԹ��� of $(129 million), or (29) cents per share, on an as-reported and an adjusted basis. This compared to a first quarter 2024 loss of $(120 million), or (28) cents per share, on an as-reported and an adjusted basis.

On a per share basis, first quarter 2025 results reflected higher diluted average number of common shares outstanding (see details in Utility section).

Earnings per share guidance

Entergy affirmed its 2025 adjusted earnings per share guidance range of $3.75 to $3.95. See webcast presentation for additional details.

The company has provided 2025 earnings guidance with regard to the non-GAAP measure of adjusted earnings per share. This measure excludes from the corresponding GAAP financial measure the effect of adjustments as described below under “Non-GAAP financial measures.” The company has not provided a reconciliation of such non-GAAP guidance to guidance presented on a GAAP basis because it cannot predict and quantify with a reasonable degree of confidence all of the adjustments that may occur during the period. Potential adjustments include, among other things, the exclusion of significant income tax items, certain items recorded as a result of regulatory settlements or decisions, and certain unusual costs or expenses.

Earnings���ٱ���𳦴DzԴڱ����Գ���

A teleconference will be held at 10:00 a.m. Central Time on Tuesday, April 29, 2025, to discuss Entergy’s quarterly earnings announcement and the company’s financial performance. The teleconference may be accessed by visiting Entergy’s website at  or by dialing 888-440-4149, conference ID 9024832, no more than 15 minutes prior to the start of the call. The webcast presentation is also being posted to Entergy’s website concurrent with this news release. A replay of the teleconference will be available on Entergy’s website at �����Ի� by telephone. The telephone replay will be available through May 6, 2025, by dialing 800-770-2030, conference ID 9024832.

Entergy produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We’re also investing in cleaner energy generation like modern natural gas, nuclear, and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com�����Ի� connect with @Entergy on social media.

���ϳԹ���’s common stock is listed on the New York Stock Exchange and NYSE Texas under the symbol “ETR”.

Details regarding Entergy’s results of operations, regulatory proceedings, and other matters are available in this earnings release, a copy of which will be filed with the SEC, and the webcast presentation. Both documents are available on Entergy’s Investor Relations website at .

Entergy maintains a web page as part of its Investor Relations website entitled Regulatory and other information, which provides investors with key updates on certain regulatory proceedings and important milestones on the execution of its strategy. While some of this information may be considered material information, investors should not rely exclusively on this page for all relevant company information.

For definitions of certain operating measures, as well as GAAP and non-GAAP financial measures and abbreviations and acronyms used in the earnings release materials, see .

Non-GAAP financial measures

This news release contains non-GAAP financial measures, which are generally numerical measures of a company’s performance, financial position, or cash flows that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. Entergy has provided quantitative reconciliations within this news release of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

Entergy reports earnings using the non-GAAP measure of adjusted earnings, which excludes the effect of certain “adjustments.” Adjustments are unusual or non-recurring items or events or other items or events that management believes do not reflect the ongoing business of Entergy, such as significant income tax items, certain items recorded as a result of regulatory settlements or decisions, and certain unusual costs or expenses. In addition to reporting GAAP earnings on a per share basis, Entergy reports its adjusted earnings on a per share basis. These per share measures represent the applicable earnings amount divided by the diluted average number of common shares outstanding for the period.

Management uses the non-GAAP financial measures of adjusted earnings and adjusted earnings per share for, among other things, financial planning and analysis; reporting financial results to the board of directors, employees, stockholders, analysts, and investors; and internal evaluation of financial performance. Entergy believes that these non-GAAP financial measures provide useful information to investors in evaluating the ongoing results of Entergy’s business, comparing period to period results, and comparing Entergy’s financial performance to the financial performance of other companies in the utility sector.

Other non-GAAP measures, including adjusted ROE, adjusted ROE excluding affiliate preferred, FFO to adjusted debt, gross liquidity, net liquidity, adjusted Parent debt to total adjusted debt, adjusted debt to adjusted capitalization, and adjusted net debt to adjusted net capitalization are measures Entergy uses internally for management and board discussions and to gauge the overall strength of its business. Entergy believes the above data provides useful information to investors in evaluating Entergy’s ongoing financial results and flexibility and assists investors in comparing Entergy’s credit and liquidity to the credit and liquidity of others in the utility sector. These metrics are defined in .

These non-GAAP financial measures reflect an additional way of viewing aspects of Entergy’s operations that, when viewed with Entergy’s GAAP results and the accompanying reconciliations to corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting Entergy’s business. These non-GAAP financial measures should not be used to the exclusion of GAAP financial measures. Investors are strongly encouraged to review Entergy’s consolidated financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Although certain of these measures are intended to assist investors in comparing Entergy’s performance to other companies in the utility sector, non-GAAP financial measures are not standardized; therefore, it might not be possible to compare these financial measures with other companies’ non-GAAP financial measures having the same or similar names.

Cautionary note regarding forward-looking statements

In this news release, and from time to time, ���ϳԹ��� makes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, statements regarding Entergy’s 2025 earnings guidance; financial and operational outlooks; industrial load growth outlooks; statements regarding its climate transition and resilience plans, goals, beliefs, or expectations; and other statements of Entergy’s plans, beliefs, or expectations included in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy’s most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy’s other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust values or earnings or in the timing or cost of decommissioning Entergy’s nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including (1) strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized, and (2) Entergy’s ability to meet the rapidly growing demand for electricity, including from hyperscale data centers and other large customers, and to manage the impacts of such growth on customers and Entergy’s business, or the risk that contracted or expected load growth does not materialize or is not sustained; (h) direct and indirect impacts to Entergy or its customers from pandemics, terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy’s business or operations, and/or other catastrophic events; and (i) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, international trade, or energy policies; (2) changes in commodity markets, capital markets, or economic conditions; and (3) technological change, including the costs, pace of development, and commercialization of new and emerging technologies.

Investor inquiries:
Liz Hunter
504-576-3294
ehunte1@entergy.com

Media inquiries:
Cristina del Canto
504-576-4238
mdelcan@entergy.com

Drew Marsh, chair and chief executive officer, Kimberly Fontan, executive vice president and chief financial officer, and company leaders invite you to listen to a live webcast discussion of Entergy’s financial results at 10 a.m. Central time that day. The webcast may be accessed by visiting Entergy’s website at  or by dialing 888-440-4149, conference ID 9024832.

The presentation materials will be available on Entergy’s website before the market opens on the day of the call. An archived replay of the webcast will be available on Entergy’s Investor Relations website at . From time to time, Entergy posts new and/or revised materials on its website and on social media and may do so in connection with this event.

About Entergy

Entergy (NYSE: ETR) produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We’re also investing in cleaner energy generation like modern natural gas, nuclear and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com�����Ի� connect with @Entergy on social media.

“As we move forward from a strong 2024, Entergy is uniquely positioned to power life for our customers and communities, today and for future generations,” said Drew Marsh, Entergy chair and chief executive officer. “Our investments in customer-driven solutions like strengthening the energy grid and advancing cleaner energy reflect our commitment to adapting to changing needs. We’re also addressing unprecedented growth opportunities while maintaining low electric rates by engaging our stakeholders on this transformational journey.”

Highlights from 2024 include:

Driving growth in our region. Entergy is benefiting from companies expanding or establishing new operations in the Gulf South. That’s in part because our service area provides access to international markets with proximity to the Mississippi River and the ports along the Gulf Coast. We have a customer-led plan to invest for continued growth, reliability and resilience while maintaining a strong balance sheet and managing risk for all stakeholders. Through 2028, we plan to invest $37 billion to meet this expected growth.

Creating a cleaner energy future. We operate one of the cleanest large-scale power generation fleets in the United States. As we continue to transform our generation portfolio to cleaner resources, we are also responsibly delivering meaningful environmental, social and economic value to the communities we serve, now and in the future. We are continuing to expand our power generation fleet to meet the need of anticipated growth in our service area — including new data centers and other large customers — with cleaner technologies. This strategy supports Entergy’s long-term commitment to achieving net-zero emissions by 2050 and helps customers meet their own environmental goals through low-carbon and carbon-free power.

Affordability for our customers. Entergy is committed to keeping bills as low as possible for all our customers, especially for people struggling financially. Entergy promotes energy efficiency initiatives that help individual customers save money by reducing their usage. This includes energy audits, incentives, rebates and products to make people’s homes or businesses more energy efficient. Our Bill Toolkit, launched in 2024, empowers customers with resources and available assistance options to help them more easily manage their energy bills.

Empowering our communities. Giving back to our communities, and empowering them, is at the core of our mission. In 2024, our focus on corporate social responsibility made a meaningful difference in the lives of our customers and communities, resulting in an economic impact of $153.52 million across our service area. Our dedicated employees were vital to this success, contributing more than 122,000 hours of volunteer service, valued at more than $4 million.

Delivering on our financial commitments. Our 2024 adjusted earnings per share was $3.65, in the top half of our guidance range. Our predictable financial results are the result of our actions to create value for our customers, employees, communities and owners. We are investing in our power delivery system to improve reliability and resilience, and we are expanding our clean, modern generation to support rapidly growing industrial load and the emission reduction goals of our customers.

 to see our progress and learn how we provide energy for a better future.

About Entergy

Entergy (NYSE: ETR) produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We’re also investing in cleaner energy generation like modern natural gas, nuclear and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com�����Ի� connect with @Entergy on social media.

Forward-looking information

Entergy’s statements concerning its plans, goals, beliefs and expectations, including statements regarding its financial and operational outlooks, industrial load growth outlooks, capital plans and climate goals or commitments, and other statements of Entergy’s plans, beliefs, or expectations included in this news release are “forward-looking statements” which apply only as of the dates indicated. Forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including, among other things, uncertainties associated with regulatory proceedings and other cost recovery mechanisms; operation and relicensing of nuclear facilities; major storms and other catastrophic events; risks associated with executing on our business strategies; effects on Entergy or its customers of changes in federal, state, or local  laws, regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, or energy policies; risks and uncertainties associated with executing on business strategies, including, (i) strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized, and (ii) Entergy’s ability to meet the rapidly growing demand for electricity, including from hyperscale data center and other large customers, and to manage the impacts of such growth on customers and Entergy’s business, or the risk that contracted or expected load growth does not materialize or is not sustained; the effects of technological change, including the costs, pace of development and commercialization of new and emerging technologies, uncertainties and other factors discussed in Entergy’s most recent Annual Report or Form 10-K and subsequent reports and filings made under the Securities Exchange Act of 1934.

Entergy has paid shareholders a cash dividend on its common stock continuously since 1988.

About Entergy

Entergy (NYSE: ETR) produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We’re also investing in cleaner energy generation like modern natural gas, nuclear and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com�����Ի� connect with @Entergy on social media.

Investor inquiries:
Liz Hunter
504-576-3294
ehunte1@entergy.com

Media inquiries:
Neal Kirby
504-576-4238
nkirby@entergy.com

Kimberly Cook-Nelson succeeds Norgeot and John Dinelli named chief nuclear officer

NEW ORLEANS – Entergy’s board of directors today announced the retirement of Pete Norgeot, executive vice president and chief operating officer, effective May 1.

“Pete’s contributions over the last four decades have powered not just the business and communities we serve, but also the careers and lives of those who have had the privilege to work alongside him,” said Drew Marsh, Entergy’s Chair and CEO. “His leadership, vision and unwavering dedication have left a lasting impact on our business and our industry, and his commitment to teamwork and collaboration with his peers will ensure a smooth transition for operations to a seasoned professional who can ensure continued operational excellence.”

Norgeot’s career has spanned nearly four decades leading company operations, power generation, commercial management and large-scale development teams in highly regulated industries. Since joining Entergy in 2014, he has driven innovation and excellence by leading teams working to identify long-term growth opportunities, business strategies for the company and innovative customer solutions.

Kimberly Cook-Nelson, 53, executive vice president and chief nuclear officer, will replace Norgeot, 60, as chief operating officer, and John Dinelli, 55, senior vice president and chief operating officer for Entergy’s nuclear operations will be promoted to executive vice president and chief nuclear officer. In this role, Dinelli will serve as a member of the office of the chief executive reporting directly to Chair and CEO Drew Marsh.

Since 2022, Cook-Nelson has had responsibility for the safe, secure and reliable operations of Entergy’s four nuclear power plants and five reactors located in Arkansas, Louisiana and Mississippi. As a member of the company’s office of the chief executive, she has also engaged in building and strengthening relationships with external stakeholders. She began her career at Entergy in 1996 as a design engineer at the Waterford 3 Steam Electric Station. She moved into plant leadership in 2001 and has held numerous leadership positions of increasing responsibility over her career.

She completed a rotational assignment at the Institute of Nuclear Power Operations in 2016, where she qualified and functioned as an organizational effectiveness team leader and a corporate evaluator. She has also served as vice president of Entergy’s system planning and operations organization, providing commercial support for Entergy’s long-term resource planning.

“Kimberly has proven to be a great leader throughout her career, in both nuclear and non-nuclear roles. She has strong communications, engineering and project management skills, a laser focus on continuous improvement and a deep understanding of our business and industry, which will serve her well in the chief operating officer role,” said Marsh.

Cook-Nelson holds an MBA, a master’s degree in engineering management and a bachelor’s degree in mechanical engineering from the University of New Orleans. She is also an alumnus of the Advanced Management Program at the Harvard Business School. She was a licensed professional engineer and earned her senior reactor operator license from the U.S. Nuclear Regulatory Commission for Waterford 3.

John Dinelli

Succeeding Cook-Nelson as chief nuclear officer is John Dinelli. Like Cook-Nelson, Dinelli has had a long career at Entergy, starting in 1991 at the Indian Point ���ϳԹ��� Center, where he joined the company as an engineering intern. This was followed by an operations shift technical advisor role with the New York Power Authority. Dinelli then completed a loaned assignment with the Institute of Nuclear Power Operations as an organizational effectiveness lead evaluator. After completing his tenure at INPO, he worked as the site vice president for Waterford 3 and was named site vice president for ANO in 2019.

Since 2021, Dinelli has served as chief operating officer for Entergy’s nuclear business, with overall responsibility for the ANO, Grand Gulf, River Bend and Waterford 3 nuclear facilities. Prior to his current role, he served as vice president, nuclear independent oversight for the fleet. Dinelli holds a bachelor’s degree in mechanical engineering from Manhattan College and earned his senior reactor operator’s license in 1996.

All organizational changes are effective May 1.

About Entergy

Entergy (NYSE: ETR) produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We’re also investing in cleaner energy generation like modern natural gas, nuclear and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com�����Ի� connect with @Entergy on social media.

Investor inquiries:
Liz Hunter
504-576-3294
ehunte1@entergy.com

Media inquiries:
Cristina del Canto
504-576-4238
mdelcan@entergy.com

In connection with the offering, Entergy expects to enter into forward sale agreements with each of Morgan Stanley & Co. LLC, Bank of America, N.A., JPMorgan Chase Bank, National Association and Mizuho Markets Americas LLC (with Mizuho Securities USA LLC acting as agent) (the “forward counterparties”) under which Entergy will agree to issue and sell to the forward counterparties an aggregate of $1,300,000,000 of shares of its common stock at an initial forward sale price per share equal to the price per share at which the underwriters purchase the shares in the offering, subject to certain adjustments, upon physical settlement of the forward sale agreements. In addition, the underwriters of the offering expect to be granted a 30-day option to purchase up to an additional $195,000,000 of shares of Entergy’s common stock upon the same terms, solely to cover any over-allotments. If the underwriters exercise their over-allotment option, Entergy expects to enter into additional forward sale agreements with the forward counterparties with respect to the additional shares.

Settlement of the forward sale agreements is expected to occur on or prior to September 30, 2026. Entergy may, subject to certain conditions, elect cash settlement or net share settlement for all or a portion of its rights or obligations under the forward sale agreements.

If Entergy elects physical settlement of the forward sale agreements, it expects to use the net proceeds for general corporate purposes, which may include repayment of commercial paper, outstanding loans under Entergy’s revolving credit facility or other debt.

The offering is being made pursuant to Entergy’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The preliminary prospectus supplement and the accompanying base prospectus related to the offering will be available on the SEC’s website at . Copies of the preliminary prospectus supplement and the accompanying base prospectus relating to the offering may be obtained from the joint-book running managers for the offering as follows:

Morgan Stanley & Co. LLC
180 Varick St, 2nd Floor
New York, New York 10014
Attn: Prospectus Department

BofA Securities, Inc.
NC1-022-02-25
201 North Tryon Street
Charlotte, NC  28255-0001
Attn: Prospectus Department
����������:��dg.prospectus_requests@bofa.com

J.P. Morgan Securities LLC
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
����������:��prospectus-eq_fi@jpmchase.com�����Ի�
postsalemanualrequests@broadridge.com

Mizuho Securities USA LLC
1271 Avenue of the Americas 3rd Fl.,
New York, NY 10020
Attn: Equity Capital Markets

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which the offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. The offering of these securities will be made only by means of a prospectus and a related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

About Entergy

���ϳԹ��� is an integrated energy company engaged in electric power production, transmission and retail distribution operations. Entergy owns and leases a U.S. power generating fleet with approximately 24,000 megawatts of electric generating capacity. Entergy delivers electricity to approximately 3 million utility customers through its operating companies in Arkansas, Louisiana, Mississippi and Texas.

Entergy is traded on the New York Stock Exchange under the symbol ETR.

Forward-looking statements

This press release contains forward-looking statements regarding our planned offer and sale of common stock and the use of the net proceeds from any such sale. We cannot be sure that we will complete the offering or, if we do, on what terms we will complete it. Forward-looking statements are based on current beliefs and expectations and are subject to inherent risks and uncertainties. In addition, Entergy management retains broad discretion with respect to the allocation of net proceeds of the offering. The forward-looking statements speak only as of the date of release, and Entergy is under no obligation to, and expressly disclaims any such obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

In connection with the offering, Entergy entered into forward sale agreements with each of Morgan Stanley & Co. LLC, Bank of America, N.A., JPMorgan Chase Bank, National Association and Mizuho Markets Americas LLC (with Mizuho Securities USA LLC acting as agent) (the “forward counterparties”) under which Entergy agreed to issue and sell to the forward counterparties an aggregate of 15,568,863 shares of its common stock. In addition, the underwriters of the offering have been granted a 30-day option to purchase up to an additional 2,335,328 shares of Entergy’s common stock upon the same terms, solely to cover any over-allotments. If the underwriters exercise their over-allotment option, Entergy expects to enter into additional forward sale agreements with the forward counterparties with respect to the additional shares.

Settlement of the forward sale agreements is expected to occur on or prior to September 30, 2026. Entergy may, subject to certain conditions, elect cash settlement or net share settlement for all or a portion of its rights or obligations under the forward sale agreements.

If Entergy elects physical settlement of the forward sale agreements, it expects to use the net proceeds for general corporate purposes, which may include repayment of commercial paper, outstanding loans under Entergy’s revolving credit facility or other debt.

The offering is being made pursuant to Entergy’s effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The prospectus supplement and the accompanying base prospectus related to the offering will be available on the SEC’s website at . Copies of the prospectus supplement and the accompanying base prospectus relating to the offering may be obtained from the joint-book running managers for the offering as follows:

Morgan Stanley & Co. LLC
180 Varick St, 2nd Floor
New York, New York 10014
Attn: Prospectus Department

BofA Securities, Inc.
NC1-022-02-25
201 North Tryon Street
Charlotte, NC 28255-0001
Attn: Prospectus Department
����������:��dg.prospectus_requests@bofa.com

J.P. Morgan Securities LLC
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
����������:��prospectus-eq_fi@jpmchase.com�����Ի�
postsalemanualrequests@broadridge.com

Mizuho Securities USA LLC
1271 Avenue of the Americas 3rd Fl.,
New York, NY 10020
Attn: Equity Capital Markets

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which the offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. The offering of these securities will be made only by means of a prospectus and a related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

About Entergy

���ϳԹ��� is an integrated energy company engaged in electric power production, transmission and retail distribution operations. Entergy owns and leases a U.S. power generating fleet with approximately 24,000 megawatts of electric generating capacity. Entergy delivers electricity to approximately 3 million utility customers through its operating companies in Arkansas, Louisiana, Mississippi and Texas.

Entergy is traded on the New York Stock Exchange under the symbol ETR.

Forward-looking statements

This press release contains forward-looking statements regarding our planned offer and sale of common stock and the use of the net proceeds from any such sale. We cannot be sure that we will complete the offering or, if we do, on what terms we will complete it. Forward-looking statements are based on current beliefs and expectations and are subject to inherent risks and uncertainties. In addition, Entergy management retains broad discretion with respect to the allocation of net proceeds of the offering. The forward-looking statements speak only as of the date of release, and Entergy is under no obligation to, and expressly disclaims any such obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

NEW ORLEANS – ���ϳԹ��� (NYSE: ETR) reported fourth quarter 2024 earnings per share of 65 cents on an as-reported basis and 66 cents on an adjusted (non-GAAP) basis. For the full year, the company reported 2024 earnings per share of $2.45 on an as-reported basis and $3.65 on an adjusted basis.

“2024 was a transformational year for Entergy,” said Drew Marsh, Entergy Chair and Chief Executive Officer. “We had strong financial performance while also making meaningful progress on growing and derisking our business. Our progress positions us well to capture significant growth opportunities.”

Business highlights included the following:

• Entergy updated its four-year capital plan and longer-term outlooks.
• E-MS broke ground on the 754-megawatt Delta Blues Advanced Power Station.
• MISO approved 2024 MTEP that includes $1.7 billion of capital projects for Entergy utilities.
• E-MS signed a new electric service agreement with a large customer.
• E-LA submitted a filing for an increase in the planned load for the data center in north Louisiana.
• The PUCT approved the first phase of E-TX’s accelerated resilience and grid hardening plan.
• The APSC approved E-AR’s annual FRP.
• FERC approved the settlement between SERI and the LPSC.
• FERC and the MPSC approved E-MS’s receipt of E-LA’s 16 percent share of Grand Gulf.
• The CCNO approved the sale of E-NO’s gas LDC business.
• Entergy was named to a Dow Jones Sustainability Index for the 23^rd consecutive year.
• Newsweek named Entergy one of America’s most responsible companies.
• Fortune magazine recognized Entergy among the top utilities on its World’s Most Admired Companies list for 2025.

Calculations may differ due to rounding

Consolidated results

For fourth quarter 2024, the company reported earnings of $286 million, or 65 cents per share, on an as-reported basis, and $291 million, or 66 cents per share, on an adjusted basis. This compared to fourth quarter 2023 earnings of $988 million, or $2.32 per share, on an as-reported basis and $111 million, or 26 cents per share, on an adjusted basis.

For full year 2024, the company reported earnings of $1,056 million, or $2.45 per share, on an as-reported basis, and $1,577 million, or $3.65 per share, on an adjusted basis. This compared to full year 2023 earnings of $2,357 million, or $5.55 per share, on an as-reported basis, and $1,438 million, or $3.39 per share, on an adjusted basis.

Entergy executed a two-for-one forward stock split that was effective with trading on December 13, 2024; all per-share information reflects the post-split share count.

Summary discussions of full year results by business follow. Additional details, including information on operating cash flow by business, are provided in . A more detailed analysis of fourth quarter and full year variances by business is provided in .

Business results

Utility

For full year 2024, the Utility business reported earnings attributable to ���ϳԹ��� of $1,827 million, or $4.23 per share, on an as-reported basis, and earnings of $2,115 million, or $4.90 per share, on an adjusted basis. This compared to full year 2023 earnings of $2,507 million, or $5.90 per share, on an as-reported basis, and earnings of $1,896 million, or $4.46 per share, on an adjusted basis.

The full year change reflected:

• the net effect of regulatory actions across the operating companies;
• higher retail sales volume, including the impacts of weather;
• higher depreciation expense primarily due to higher plant in service;
• higher interest expense primarily due to higher interest rates and higher debt balances; and
• higher other income (deductions) primarily due to a decrease in non-service pension costs, higher allowance for equity funds used during construction, and higher intercompany dividend income from affiliate preferred investments (offset at P&O and largely earnings neutral at the consolidated level).

The full year variance also reflected several other items that were considered adjustments and excluded from adjusted earnings; additional details are provided in :

• In fourth quarter 2023, as a result of the 2016–2018 IRS audit resolution, the company recorded a $568 million income tax benefit as well as a $(98 million) ($(72 million) after tax) regulatory provision to share the benefits with customers.
• In second quarter 2024, Entergy Louisiana recorded expenses totaling $(151 million) ($(111 million) after tax) to reflect an agreement in principle to provide customer credits, including increasing customer sharing of tax benefits, to resolve several open matters.
• In fourth quarter 2023, the company recorded the reversal of a $106 million regulatory liability primarily associated with storm securitizations, initially recorded in 2017 as a result of the Tax Cuts and Jobs Act.
• In first quarter 2024, Entergy Arkansas recorded a write off of a $(132 million) ($(97 million) after tax) regulatory asset related to the opportunity sales proceeding.
• In first quarter 2023, several items were recorded as a result of Entergy Louisiana receiving securitization proceeds for storm cost recovery: a $129 million reduction in income tax expense,

$31 million ($31 million after tax) of carrying costs on storm expenditures not previously recorded, a $(15 million) ($(15 million) after tax) reduction in other income to account for LURC’s 1 percent beneficial interest in a trust established as part of the securitization, and a $(103 million) ($(76 million) after tax) regulatory provision to share the benefits from securitization with customers.

• In first quarter 2024, Entergy New Orleans recorded a regulatory charge of $(79 million)
  ($(57 million) after tax) to reflect the company’s agreement to share additional income tax benefits from the 2016–2018 IRS audit resolution with customers.
• In fourth quarter 2024, as a result of a Louisiana state income tax rate change, the company recorded a $(29 million) increase in income tax expense and a $9 million ($7 million after tax) reduction to an Entergy Louisiana regulatory liability related to securitization.
• In third quarter 2023, Entergy Arkansas recorded a write-off totaling $(78 million) ($(59 million) after tax) as a result of an agreement to forgo its opportunity to seek recovery of costs resulting from the March 2013 ANO stator incident.

On a per share basis, full year 2024 results reflected higher diluted average number of common shares outstanding due to the settlement of equity forwards in fourth quarter 2023 under the company’s ATM program, option exercises under the company’s stock-based compensation plans, and the dilutive effect from unsettled equity forwards under the company’s ATM program as a result of an increase in the stock price.

 contains additional details on Utility operating and financial measures.

Parent & Other

For full year 2024, Parent & Other reported a loss attributable to ���ϳԹ��� of $(771 million), or $(1.79) per share, on an as-reported basis, and a loss of $(538 million), or $(1.25) per share, on an adjusted basis. This compared to a full year 2023 loss of $(151 million), or (35) cents per share, on an as-reported basis, and a loss of $(458 million), or $(1.08) per share, on an adjusted basis.

Drivers for the full year decrease included:

• lower other income (deductions) due to: settlement charges totaling $(320 million) ($(253 million) after tax) recognized as a result of a group annuity contract purchased in May 2024 to settle certain pension liabilities (considered an adjustment and excluded from adjusted earnings), lower non-service pension income, and higher dividends associated with affiliate preferred investments (offset at Utility and largely earnings neutral at the consolidated level);
• higher interest expense primarily due to the issuance of junior subordinated debentures and higher interest on commercial paper borrowings; and
• a reduction in income tax expense of $275 million in fourth quarter 2023 as a result of the 2016–2018 IRS audit resolution (considered an adjustment and excluded from adjusted earnings).

The decrease was partially offset by lower asset write-offs and impairments primarily due to the net effect of DOE spent fuel litigation settlements (considered adjustments and excluded from adjusted earnings).

On a per share basis, full year 2024 results reflected higher diluted average number of common shares outstanding (see details in Utility section).

Earnings per share guidance

Entergy initiated its 2025 adjusted earnings per share guidance range of $3.75 to $3.95. See webcast presentation for additional details.

The company has provided 2025 earnings guidance with regard to the non-GAAP measure of adjusted earnings per share. This measure excludes from the corresponding GAAP financial measure the effect of adjustments as described below under “Non-GAAP financial measures.” The company has not provided a reconciliation of such non-GAAP guidance to guidance presented on a GAAP basis because it cannot predict and quantify with a reasonable degree of confidence all of the adjustments that may occur during the period. Potential adjustments include, among other things, the exclusion of significant income tax items, certain items recorded as a result of regulatory settlements or decisions, and certain unusual costs or expenses.

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A teleconference will be held at 9:00 a.m. Central Time on Tuesday, February 18, 2025, to discuss Entergy’s quarterly earnings announcement and the company’s financial performance. The teleconference may be accessed by visiting Entergy’s website at
 or by dialing 888-440-4149, conference ID 9024832, no more than 15 minutes prior to the start of the call. The webcast presentation is also being posted to Entergy’s website concurrent with this news release. A replay of the teleconference will be available on Entergy’s website at �����Ի� by telephone. The telephone replay will be available through February 25, 2025, by dialing 800-770-2030, conference ID 9024832.

Entergy is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability, resilience and growth of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com�����Ի� connect with @Entergy on social media.

���ϳԹ���’s common stock is listed on the New York Stock Exchange and NYSE Chicago under the symbol “ETR”.

Details regarding Entergy’s results of operations, regulatory proceedings, and other matters are available in this earnings release, a copy of which will be filed with the SEC, and the webcast presentation. Both documents are available on Entergy’s Investor Relations website at .

Entergy maintains a web page as part of its Investor Relations website entitled Regulatory and other information, which provides investors with key updates on certain regulatory proceedings and important milestones on the execution of its strategy. While some of this information may be considered material information, investors should not rely exclusively on this page for all relevant company information.

For definitions of certain operating measures, as well as GAAP and non-GAAP financial measures and abbreviations and acronyms used in the earnings release materials, see .

Non-GAAP financial measures

This news release contains non-GAAP financial measures, which are generally numerical measures of a company’s performance, financial position, or cash flows that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. Entergy has provided quantitative reconciliations within this news release of the non-GAAP financial measures to the most directly comparable GAAP financial measures.

Entergy reports earnings using the non-GAAP measure of adjusted earnings, which excludes the effect of certain “adjustments.” Adjustments are unusual or non-recurring items or events or other items or events that management believes do not reflect the ongoing business of Entergy, such as significant income tax items, certain items recorded as a result of regulatory settlements or decisions, and certain unusual costs or expenses. In addition to reporting GAAP earnings on a per share basis, Entergy reports its adjusted earnings on a per share basis. These per share measures represent the applicable earnings amount divided by the diluted average number of common shares outstanding for the period.

Management uses the non-GAAP financial measures of adjusted earnings and adjusted earnings per share for, among other things, financial planning and analysis; reporting financial results to the board of directors, employees, stockholders, analysts, and investors; and internal evaluation of financial performance. Entergy believes that these non-GAAP financial measures provide useful information to investors in evaluating the ongoing results of Entergy’s business, comparing period to period results, and comparing Entergy’s financial performance to the financial performance of other companies in the utility sector.

Other non-GAAP measures, including adjusted ROE, adjusted ROE excluding affiliate preferred, FFO to adjusted debt, gross liquidity, net liquidity, adjusted Parent debt to total adjusted debt, adjusted debt to adjusted capitalization, and adjusted net debt to adjusted net capitalization are measures Entergy uses internally for management and board discussions and to gauge the overall strength of its business. Entergy believes the above data provides useful information to investors in evaluating Entergy’s ongoing financial results and flexibility and assists investors in comparing Entergy’s credit and liquidity to the credit and liquidity of others in the utility sector. These metrics are defined in .

These non-GAAP financial measures reflect an additional way of viewing aspects of Entergy’s operations that, when viewed with Entergy’s GAAP results and the accompanying reconciliations to corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting Entergy’s business. These non-GAAP financial measures should not be used to the exclusion of GAAP financial measures. Investors are strongly encouraged to review Entergy’s consolidated financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Although certain of these measures are intended to assist investors in comparing Entergy’s performance to other companies in the utility sector, non-GAAP financial measures are not standardized; therefore, it might not be possible to compare these financial measures with other companies’ non-GAAP financial measures having the same or similar names.

Cautionary note regarding forward-looking statements

In this news release, and from time to time, ���ϳԹ��� makes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, statements regarding Entergy’s 2025 earnings guidance; financial and operational outlooks; industrial load growth outlooks; statements regarding its climate transition and resilience plans, goals, beliefs, or expectations; and other statements of Entergy’s plans, beliefs, or expectations included in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy’s most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy’s other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust values or earnings or in the timing or cost of decommissioning Entergy’s nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including (1) strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized, and (2) Entergy’s ability to meet the rapidly growing demand for electricity, including from hyperscale data center and other large customers, and to manage the impacts of such growth on customers and Entergy’s business, or the risk that contracted or expected load growth does not materialize or is not sustained; (h) direct and indirect impacts to Entergy or its customers from pandemics, terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy’s business or operations, and/or other catastrophic events; and (i) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, or energy policies; (2) changes in commodity markets, capital markets, or economic conditions; and (3) technological change, including the costs, pace of development, and commercialization of new and emerging technologies.

Drew Marsh, chair and chief executive officer, Kimberly Fontan, executive vice president and chief financial officer, and company leaders invite you to listen to a live webcast discussion of Entergy’s financial results at 9 a.m. Central time that day. The webcast may be accessed by visiting Entergy’s website at  or by dialing 888-440-4149, conference ID 9024832.

The presentation materials will be available on Entergy’s website before the market opens on the day of the call. An archived replay of the webcast will be available on Entergy’s Investor Relations website at . From time to time, Entergy posts new and/or revised materials on its website and on social media and may do so in connection with this event.

About Entergy

Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability, resilience and growth of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com�����Ի� connect with @Entergy on social media.