Evergy Main Money Officer Tony Somma to Leave the Corporation

“Tony has had a distinguished vocation as an integral member of our leadership crew,” stated Mark Ruelle, Evergy Board Chair. “His experience has been instrumental to guaranteeing Evergy’s sturdy monetary foundation and our skill to reach charge price savings and other merger gains that are nicely forward of our initial system. His contributions to the growth of our Sustainability Transformation System (STP) develop on this accomplishment and place Evergy for even greater progress and benefit development. On behalf of the total Board, I thank Tony for his dedication and service.”

Somma has served as Government Vice President and Chief Financial Officer of Evergy considering the fact that its formation in 2018. Formerly, he served as Main Economical Officer and Treasurer of Westar Electricity since 2011 and held several economic roles at Westar Electricity immediately after signing up for the firm in 1994 in company progress.

“Tony has recognized a gifted finance corporation to assist generate the upcoming period of our STP as we carry out a research for his successor,” explained David Campbell, President and Chief Govt Officer. “I am grateful for the help Tony has demonstrated due to the fact I joined the Company and wish him the very best in his nicely-deserved retirement.”

“It has been a privilege to operate at this unbelievable firm, and I am happy of our many accomplishments, each after Evergy’s development in 2018 and in my prior roles at Westar,” mentioned Somma. “With the implementation of the STP underway and David at the helm, the time is correct for my transition. I seem forward to seeing Evergy’s continued success.”

About Evergy, Inc.

Evergy, Inc. (NYSE: EVRG) serves somewhere around 1.6 million shoppers in Kansas and Missouri. We ended up formed in 2018 when lengthy-expression local power providers KCP&L and Westar Energy merged. We are a leader in renewable strength, giving almost fifty percent of the electricity we offer to properties and businesses from emission-no cost generation. We assistance our local communities in which we dwell and get the job done and strive to meet the desires of customers by electrical power personal savings and modern solutions.

Ahead On the lookout Statements

Statements created in this press release that are not based on historic details are forward-hunting, may entail risks and uncertainties, and are intended to be as of the day when designed. Forward-searching statements contain, but are not constrained to, statements relating to our strategic prepare, like, without the need of limitation, those similar to earnings per share, dividend, functioning and maintenance expenditure and cash investment ambitions the end result of legislative initiatives and regulatory and authorized proceedings future energy demand long run ability price ranges options with respect to present and potential upcoming era means the availability and price tag of era methods and energy storage focus on emissions reductions and other issues relating to envisioned economical performance or affecting long term operations. Ahead-wanting statements are often accompanied by ahead-hunting text this sort of as “anticipates,” “believes,” “expects,” “estimates,” “forecasts,” “should,” “could,” “may,” “seeks,” “intends,” “proposed,” “projects,” “planned,” “target,” “outlook,” “remain confident,” “goal,” “will” or other words and phrases of identical this means. Ahead-searching statements require risks, uncertainties and other components that could lead to actual benefits to differ materially from the ahead-looking information.

In connection with the secure harbor provisions of the Personal Securities Litigation Reform Act of 1995, Evergy, Inc., Evergy Kansas Central, Inc. and Evergy Metro, Inc. (collectively, the Evergy Corporations) are supplying a number of risks, uncertainties and other aspects that could result in actual effects to differ from the ahead-looking data. These hazards, uncertainties and other elements contain, but are not constrained to: economic and climate situations and any influence on profits, price ranges and expenses alterations in business enterprise method or operations the affect of federal, condition and local political, legislative, judicial and regulatory actions or developments, which includes deregulation, re-regulation, securitization and restructuring of the electrical utility marketplace conclusions of regulators concerning, among other points, purchaser rates and the prudency of operational decisions these kinds of as money expenses and asset retirements improvements in relevant legal guidelines, rules, regulations, rules or procedures, or the interpretations thereof, governing tax, accounting and environmental matters, which include air and drinking water excellent and squander management and disposal the impression of weather improve, together with elevated frequency and severity of sizeable weather conditions events and reduced demand for coal-centered vitality rates and availability of electrical power in wholesale marketplaces industry notion of the energy sector and the Evergy Companies the influence of the Coronavirus (COVID-19) pandemic on, amongst other things, profits, results of operations, economic ailment, liquidity and dollars flows, and also on operational issues, such as the availability and means of our workforce and suppliers to perform the features that are required to operate the Evergy Businesses variations in the vitality investing markets in which the Evergy Businesses participate, together with retroactive repricing of transactions by regional transmission companies and independent process operators fiscal current market situations and performance, together with alterations in curiosity costs and credit score spreads and in availability and expense of funds and the results on derivatives and hedges, nuclear decommissioning rely on and pension prepare belongings and expenses impairments of very long-lived property or goodwill credit ratings inflation charges the changeover to a replacement for the London Interbank Provided Rate (LIBOR) benchmark desire amount effectiveness of hazard management procedures and processes and the skill of counterparties to satisfy their contractual commitments impression of terrorist functions, which include cyber terrorism means to have out advertising and profits options price tag, availability, high quality and timely provision of tools, supplies, labor and fuel skill to obtain technology ambitions and the occurrence and length of prepared and unplanned generation outages delays and charge improves of generation, transmission, distribution or other tasks the Evergy Companies’ skill to deal with their transmission and distribution progress plans and transmission joint ventures the inherent threats connected with the possession and procedure of a nuclear facility, which includes environmental, wellness, basic safety, regulatory and monetary risks workforce hazards, such as those associated to greater fees of, or adjustments in, retirement, health and fitness care and other gains disruption, expenses and uncertainties caused by or connected to the actions of individuals or entities, this kind of as activist shareholders or special desire groups, that look for to influence our strategic plan, money benefits or operations the risk that strategic initiatives, together with mergers, acquisitions and divestitures, and lengthy-phrase financial plans, may well not build the price that they are anticipated to attain in a well timed manner or at all problems in keeping associations with prospects, workers, regulators or suppliers and other threats and uncertainties.

This checklist of things is not all-inclusive simply because it is not doable to forecast all variables. Extra risks and uncertainties are mentioned from time to time in present, quarterly and annual studies filed by the Evergy Firms with the Securities and Trade Commission (SEC). Reviews filed by the Evergy Businesses with the SEC need to also be go through for a lot more facts pertaining to possibility components. Each ahead-searching assertion speaks only as of the date of the individual assertion. The Evergy Corporations undertake no obligation to publicly update or revise any forward-hunting assertion, whether or not as a consequence of new information, future occasions or usually, except as required by regulation.

See source edition on businesswire.com: https://www.businesswire.com/news/residence/20210108005081/en/

Supply: Evergy, Inc.

Media Make contact with:

Gina Penzig

Supervisor, Exterior Communications

Telephone: 785-575-8089

[email protected]

Media line: 888-613-0003

Trader Contact:

Cody VandeVelde

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Cellphone: 785-575-8227

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COMTEX_377394577/2456/2021-01-08T08:00:42

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