CU Management Commentary Says Rate Base Growth Drives Higher Adjusted Earnings in First Nine Months of 2026

• CU management commentary reported third-quarter 2026 earnings of $73 million, up from $67 million a year earlier.
• Earnings for the first nine months of 2026 rose to $381 million from $368 million a year earlier.
• Third-quarter adjusted earnings increased to $90 million from $84 million, driven mainly by rate-base growth, according to management.
• Lower income tax expense also supported adjusted earnings; distribution cost-efficiency timing partially offset gains, management noted.
• Reported earnings included a $25 million after-tax charge for other post-employment benefits, excluded from adjusted earnings.

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