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Ameren Corp | November 2025 Customer Rate Plan Presentation | Warner Baxter | Page 1 of 11 | July 21, 2026

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• On Nov. 24, 2025, MoPSC approved rate structure for large load customers – Applicable to customers requesting 75+ MW – Establishes Large Load Customer Rate Plan with current base rate of (~$0.062/kWh) 2 – Includes earnings sharing mechanism when earned ROE exceeds specified allowed ROE (65% for customers) and protections in case of reduced revenues from force majeure event • Requires Electric Service Agreement (ESA) specifying terms and conditions 2 – Service term of 12 years after ramp – Minimum demand charge of 80% of contracted capacity – Customer exit terms, including 2-year advance notice of termination and exit fees equivalent to the minimum monthly bill for the lesser of the remaining length of the ESA term or 5 years – Customer credit requirements and collateral equal to 2 years of minimum monthly bills • Large Load customers can support renewables, battery storage, or nuclear to advance their clean energy goals through incremental payments, which will be tracked to offset costs for other customers Ameren Missouri Large Load Customer Rate Plan Enabling economic development and maintaining just and reasonable rates 1 Large Primary Service rate as estimated for all-in per kWh rate effective June 1, 2025, excluding applicable riders. Actual rate is dependent upon customer load factor, among other factors. 2 Additional details on terms and conditions available in the large load Order approved by the MoPSC in Docket No. ET-2025-0184.