SHORT-TERM BORROWINGS AND SHORT-TERM BANK LINES OF CREDIT

6 Months Ended

Jun. 30, 2026

SHORT-TERM BORROWINGS AND SHORT-TERM BANK LINES OF CREDIT

In June 2026, Evergy entered into a $3.5 billion master credit facility which expires in June 2031. Evergy, Evergy Kansas Central, Evergy Metro and Evergy Missouri West have borrowing capacity under the master credit facility with specific sublimits for each borrower. These sublimits can be unilaterally adjusted by Evergy for each borrower provided the sublimits remain within minimum and maximum sublimits as specified in the facility. The applicable interest rates and commitment fees of the facility are also subject to changes in ratings by the credit rating agencies.

A default by any borrower under the facility or one of its significant subsidiaries on other indebtedness totaling more than $150.0 million constitutes a default under the facility. Under the terms of this facility, at all times, Evergy is required to maintain a total indebtedness to total capitalization ratio, as defined in the facility, of not

greater than 0.675 to 1.00 and Evergy Kansas Central, Evergy Metro and Evergy Missouri West are each required to maintain a total indebtedness to total capitalization ratio of not greater than 0.65 to 1.00. As of June 30, 2026, Evergy, Evergy Kansas Central, Evergy Metro and Evergy Missouri West were in compliance with these covenants.

In June 2026, contemporaneously with the entry into the new master credit facility, Evergy, Evergy Kansas Central, Evergy Metro and Evergy Missouri West terminated their existing $2.5 billion master credit facility.

The following table summarizes the committed credit facilities available to the Evergy Companies as of June 30, 2026, and December 31, 2025 (excluding receivable sale facilities discussed in Note 3 and Term Loan Credit Agreements discussed below).


			Amounts Drawn
	Master Credit Facility		Commercial Paper		Letters of Credit		Cash Borrowings		Available Borrowings Capacity		Weighted Average Interest Rate on Short-Term Borrowings
June 30, 2026	(millions)
Evergy, Inc.	$	750.0	$	235.8	$	0.7	$	—	$	513.5	3.88%
Evergy Kansas Central	1,000.0		591.4		14.6		—		394.0		4.01%
Evergy Metro	1,000.0		457.3		5.3		—		537.4		3.98%
Evergy Missouri West	750.0		546.5		—		—		203.5		4.21%
Evergy	$	3,500.0	$	1,831.0	$	20.6	$	—	$	1,648.4

December 31, 2025
Evergy, Inc.	$	700.0	$	500.2	$	0.7	$	—	$	199.1	3.91%
Evergy Kansas Central	800.0		321.9		2.0		—		476.1		3.96%
Evergy Metro	500.0		245.3		1.1		—		253.6		3.85%
Evergy Missouri West	500.0		326.6		—		—		173.4		4.06%
Evergy	$	2,500.0	$	1,394.0	$	3.8	$	—	$	1,102.2

In January 2026, Evergy, Inc. entered into a $55.0 million unsecured Term Loan Credit Agreement with an expiration date in January 2027. In February 2026, Evergy, Inc. entered into a $500.0 million unsecured Term Loan Credit Agreement with an expiration date in February 2027. Evergy's borrowings under the $500.0 million unsecured Term Loan Credit Agreement were used for, among other things, the repayment in full of all borrowings under the $55.0 million Term Loan Credit Agreement and the partial repurchase of Evergy's convertible notes as further described in Note 8. The interest rate for borrowings under the $500.0 million unsecured Term Loan Credit Agreement as of June 30, 2026, was 4.64%. The Term Loan Credit Agreement contains customary covenants, including one that sets the ratio of maximum allowed total indebtedness to total capitalization of not greater than 0.65 to 1.00, for Evergy and its subsidiaries on a consolidated basis. As of June 30, 2026, Evergy was in compliance with this covenant.