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Highlights Through 2025 Increasing investments at US utilities to achieve annual rate base growth of 9% Accelerating goal to reduce coal generation to below 10% by 2025 on a proforma basis, five years earlier than the prior expectation Continuing to strengthen balance sheet and targeting BBB credit metrics Extending 7% to 9% average annual growth target for Adjusted EPS and Parent Free Cash Flow, from a 2020 base Maintaining 4% to 6% annual dividend growth, subject to Board approval Other Key Developments Schneider Electric and private investors agree to invest in Uplight, valuing the business at $1.5 billion and AES stake at approximately $450 million AES Gener signed a Memorandum of Understanding with an established international hydrogen producer to conduct a feasibility study for the first large green hydrogen-based ammonia project in Chile

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