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American Electric Power | January 2026 Investor Presentation | Darcy Reese; Annie Pribisko | Page 4 of 11 | April 27, 2026

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Customers: By leveraging our size and scale, we are acquiring critically needed resources to meet rising customer demand including 8.7 GW of gas-fired turbine capacity already secured from major manufacturers, as well as strategic agreements with Quanta to support transmission infrastructure buildout Accelerating Growth and Driving Value 4 • January 2026 Investor Meetings High-quality, pure-play electric utility strategically positioned in growth regions, rooted in innovation and ready to meet unprecedented customer demand. VISION Improve customers’ lives with reliable, affordable power FOOTPRINT 5.6M customers throughout high-growth regions 30 GW of diverse owned and contracted generating capacity 40K transmission miles and 252K distribution miles Own and operate the largest transmission network in the U.S. FINANCIAL STRENGTH $72B 5-year capital plan ~10% rate base CAGR expected through 2030 ~65 GW peak demand projected by 2030 7%-9% earnings growth rate with a 9% CAGR expected through 2030 EXECUTING OUR STRATEGY TO DRIVE VALUE Growth: We are strategically investing and well positioned to execute on high-growth opportunities that drive financial performance Partnerships: We are deepening relationships with regulators, policymakers, customers and suppliers to advance system affordability, reliability and resiliency across our service territories AEP SERVICE TERRITORY WITH KEY GROWTH STATES: INDIANA, OHIO, OKLAHOMA AND TEXAS