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Ameren Corp
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2025 EEI Financial Conference Presentation
| Warner Baxter | Page 34 of 11 |
April 03, 2026
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GAAP to Adjusted Earnings Per Share Reconciliations Year Ended Dec. 31, 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 GAAP Diluted EPS $1.18 $2.40 $2.59 $2.68 $2.14 $3.32 $3.35 $3.50 $3.84 $4.14 $4.38 $4.42 Exclude results from discontinued operations 0.87 — (0.01) — — — — — — — — — Less: Income tax benefit / expense 0.05 — (0.20) — — — — — — — — — Exclude provision for discontinuing pursuit of a license for a second nuclear unit at the Callaway Energy Center — — 0.29 — — — — — — — — — Less: Income tax benefit — — (0.11) — — — — — — — — — Charge for revaluation of deferred taxes resulting from increased Illinois state income tax rate — — — — 0.09 — — — — — — — Less: Federal income tax benefit — — — — (0.03) — — — — — — — Charge for revaluation of deferred taxes resulting from decreased federal income tax rate — — — — 0.66 0.05 — — — — — — Less: State income tax benefit — — — — (0.03) — — — — — — — Charge for additional mitigation relief for Rush Island Energy Center — — — — — — — — — — — 0.22 Less: Income tax benefit — — — — — — — — — — — (0.05) Charge for refunds from FERC order on MISO’s allowed base ROE — — — — — — — — — — — 0.05 Less: Income tax benefit — — — — — — — — — — — (0.01) Adjusted Diluted EPS $2.10 $2.40 $2.56 $2.68 $2.83 $3.37 $3.35 $3.50 $3.84 $4.14 $4.38 $4.63