| --- | --- | --- | |--------------------------------|-------------------|-------| | | EVERSOURCE ENERGY | | | | | | | 2022 EEI FINANCIAL CONFERENCE | | | | November 13-15, 2022 | | | EVERSOURCE ENERGY Safe Harbor Statement All per-share amounts in this presentation are reported on a diluted basis. The only common equity securities that are publicly traded are common shares of Eversource Energy. The earnings and EPS of each business do not represent a direct legal interest in the assets and liabilities of s ...

Eversource Energy (NYSE:ES) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Jeffrey Kotkin - VP, IR Joseph Nolan - President, CEO & Trustee John Moreira - Treasurer & CFO Conference Call Participants Shahriar Pourreza - Guggenheim Securities David Arcaro - Morgan Stanley Steven Fleishman - Wolfe Research Durgesh Chopra - Evercore ISI Paul Zimbardo - Bank of America Merrill Lynch Nicholas Campanella - Crédit Suisse Insoo Kim - Goldman Sachs Ross Fowler - UBS Paul Patterson - ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Registrant; State of Incorporation; Address; Telephone Number; Commission File Number; and I.R.S. Employer Identification No. EVERSOURCE ENERG ...

Financial Data and Key Metrics Changes - Eversource Energy reported GAAP earnings of $0.84 per share for Q2 2022, an increase from $0.77 in Q2 2021, and $2.13 per share for the first half of 2022 compared to $1.83 in the same period of 2021 [25][27] - Excluding acquisition-related costs, earnings were $0.86 per share in Q2 2022 versus $0.79 in Q2 2021 [26] - The company narrowed its non-GAAP earnings guidance for the full year to $4.04 to $4.14 per share from a previous range of $4.00 to $4.17 [33] Business Segment Performance - The electric transmission segment earned $0.44 per share in Q2 2022, up from $0.40 in Q2 2021, driven by higher investment levels [28] - The electric distribution segment reported earnings of $0.37 per share in Q2 2022, compared to $0.35 in Q2 2021, attributed to higher revenues and lower pension costs [29] - The natural gas distribution segment saw earnings rise to $2.00 per share in Q2 2022 from $0.01 in Q2 2021, mainly due to increased revenues [30] - The water distribution segment maintained earnings at $0.03 per share, consistent with Q2 2021 [31] Market Data and Key Metrics Changes - The demand for offshore wind generation is increasing, with Rhode Island enacting legislation for an additional 600 to 1,000 megawatts of offshore wind [19] - New York issued a much larger offshore wind RFP for approximately 4,600 megawatts, indicating strong market interest [20] Company Strategy and Industry Competition - Eversource is focused on offshore wind investments and has initiated a strategic review for its 50% interest in a joint venture, expecting a robust sales process [15][16] - The company reaffirmed its $18 billion five-year regulated capital program, including $3.9 billion projected for this year [37] - Eversource is not interested in expanding its natural gas footprint but sees opportunities in the fragmented water business [59] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the positive impact of the Inflation Reduction Act on renewable energy projects, particularly offshore wind [62] - The company anticipates clarity on its offshore wind sale process by the end of 2022, with expectations for a successful outcome [63] Other Important Information - Eversource has fully transitioned its gas business systems to its platform, with positive feedback from customers and employees [34][36] - The company is actively working on regulatory reviews and expects decisions on rate cases by the end of 2022 [46] Q&A Session Summary Question: Can you provide an update on the offshore wind sale process? - Management reported 12 additional interested parties and noted a healthy atmosphere for wind investments, indicating no concerns about construction risk [57] Question: How does the company view inorganic growth opportunities outside New England? - The focus remains on wind investments, with interest in acquiring municipal water systems due to their fragmented nature [59] Question: What is the expected impact of the Inflation Reduction Act on Eversource? - Management is optimistic about the Act's provisions for renewable energy tax credits, which could enhance project value [62] Question: How does the company plan to use proceeds from the offshore wind sale? - Proceeds will primarily be used for debt paydown and to fund regulated investments needed for infrastructure upgrades [64][74] Question: What is the outlook for the Massachusetts climate legislation? - Management expects favorable action from the Governor, indicating a positive outlook for the legislation [95]

| --- | --- | --- | |-----------------------------|-----------------------------------|-------| | | EVERSOURCE ENERGY Q1 2022 RESULTS | | | | | | | 2022 First Quarter Results | | | | May 5, 2022 | | | EVERSOURCE ENERGY Q1 2022 RESULTS Safe Harbor Statement All per-share amounts in this presentation are reported on a diluted basis. The only common equity securities that are publicly traded are common shares of Eversource Energy. The earnings and EPS of each business do not represent a direct legal interest i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Registrant; State of Incorporation; Address; Telephone Number; Commission File Number; and I.R.S. Employer Identification No. EVERSOURCE ENERG ...

2021 First Quarter Results May 10, 2021 Safe Harbor Statement All per-share amounts in this presentation are reported on a diluted basis. The only common equity securities that are publicly traded are common shares of Eversource Energy. The earnings and EPS of each business do not represent a direct legal interest in the assets and liabilities of such business, but rather represent a direct interest in Eversource Energy's assets and liabilities as a whole. EPS by business is a non-GAAP (not determined using ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Registrant; State of Incorporation; Address; Telephone Number; Commission File Number; and I.R.S. Employer Identification No. EVERSOURCE ENER ...

2020 Year-End Investor Call February 17, 2021 Safe Harbor Statement All per-share amounts in this presentation are reported on a diluted basis. The only common equity securities that are publicly traded are common shares of Eversource Energy. The earnings and EPS of each business do not represent a direct legal interest in the assets and liabilities of such business, but rather represent a direct interest in Eversource Energy's assets and liabilities as a whole. EPS by business is a non-GAAP (not determined ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares, $5.00 par value per share ES New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to __________ ...