NEXTERA ENERGY INC

NextEra Energy, Inc., a Florida corporation

In accordance with SEC rules, for 2025, NextEra Energy’s last completed fiscal year, the ratio of the annual total compensation of Mr. Ketchum, the principal executive officer (“PEO”), to NextEra Energy’s median employee’s annual compensation was 147 to 1. The median employee’s annual total compensation was $164,555. The total annual compensation of the PEO for purposes of calculating the pay ratio was $24,192,607.

NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE)

Common Stock, $0.01 Par Value NEE New York Stock Exchange

FPL has a single reportable segment.

NEER, one of the largest energy infrastructure developers in the U.S., is comprised of NEE's competitive energy and regulated transmission businesses.

NEE's reportable segments for financial reporting purposes are FPL and NEER (see Note 16).

FPL is the largest electric utility in Florida and the U.S.

NEE has two principal businesses, FPL and NEER.

As of December 31, 2025, NEE had approximately 80 gigawatts of net generation and storage capacity from a diverse portfolio of assets, primarily including natural gas, wind, solar and nuclear generation facilities and battery storage facilities.

NEER, with approximately 37,505 MW of total net generating capacity as of December 31, 2025, is one of the largest wholesale generators of electric power in the U.S., including approximately 37,145 MW of net generating capacity across 44 states and 360 MW of net generating capacity in 4 Canadian provinces.

NEE is one of the largest electric power and energy infrastructure companies in North America.

As of December 31, 2025, FPL had 35,963 MW of net generating capacity, approximately 93,000 circuit miles of transmission and distribution lines and 932 substations.

The NEER segment also owns, develops, constructs and operates rate-regulated electric transmission assets in North America with a total rate base of $3.2 billion as of December 31, 2025.

FPL is a rate-regulated electric utility engaged primarily in the generation, storage, transmission, distribution and sale of electric energy in Florida.

Because any customer may elect to provide its own electric services, FPL effectively must compete for an individual customer's business.

NEER primarily competes on the basis of price, but believes that its track record of completing projects on schedule, creditworthiness, operating scale and ability to offer and manage reliable customized risk solutions to wholesale customers are competitive advantages.

NEER had approximately 7,900 employees as of December 31, 2025.

NEE and its subsidiaries, with employees totaling approximately 17,400 as of December 31, 2025, continue to develop and implement enterprise-wide initiatives, including deploying advanced technologies such as artificial intelligence and proprietary tools, focused on improving processes, lowering costs and driving growth.

FPL had approximately 9,400 employees as of December 31, 2025, with approximately 30% of these employees represented by the International Brotherhood of Electrical Workers (IBEW).

NEER sells products associated with its generation and battery storage facilities (energy, capacity, RECs and ancillary services) in competitive markets in regions where those facilities are located.

Through its customer supply business, NEER engages in energy-related commodity marketing and trading activities, including entering into financial and physical contracts.

NEER primarily sells its capacity and/or energy output through long-term power sales and battery storage tolling agreements with utilities, retail electricity providers, power cooperatives, municipal electric providers and commercial and industrial customers.

Results from new investments for the three and nine months ended September 30, 2025 increased primarily due to higher earnings related to new solar generation and battery storage facilities that entered service during or after the three and nine months ended September 30, 2024.

The tables below present information for NEE's two reportable segments, FPL, a rate-regulated utility business, and NEER, which is comprised of competitive energy and rate-regulated transmission businesses.

Results from the customer supply business increased for the three and nine months ended September 30, 2025 primarily reflecting higher origination activity and margins than in the comparable prior year periods.

NEE’s operating performance is driven primarily by the operations of its two principal businesses, FPL, which serves more than six million customer accounts in Florida and is one of the largest electric utilities in the U.S., and NEER, which together with affiliated entities is the world's largest generator of renewable energy from the wind and sun based on 2024 MWh produced on a net generation basis, as well as a world leader in battery storage capacity.

the ratio of the annual total compensation of Mr. Ketchum, the principal executive officer (“PEO”), to NextEra Energy’s median employee’s annual compensation was 147 to 1. The median employee’s annual total compensation was $146,532.

NEER, comprised of NEE's competitive energy and rate-regulated transmission businesses, is a diversified energy business with a strategy that emphasizes the development, construction and operation of long-term contracted assets with a focus on low-cost energy solutions.

NEE has two principal businesses, FPL and NEER.

NEE is one of the largest electric power and energy infrastructure companies in North America and a leader in the renewable energy industry. At December 31, 2024, NEE had approximately 72 gigawatts of net generation and storage capacity from a diverse portfolio of assets, primarily including natural gas, wind, solar and nuclear generation facilities and battery storage facilities.

FPL is a rate-regulated electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida.

FPL also faces competition from other suppliers of electrical energy to wholesale and industrial customers and from alternative energy sources.

NEER primarily competes on the basis of price

NEER had approximately 7,400 employees at December 31, 2024.

NEE and its subsidiaries, with employees totaling approximately 16,800 as of December 31, 2024

FPL had approximately 9,300 employees at December 31, 2024

NEER primarily sells its capacity and/or energy output through long-term power sales agreements with utilities, retail electricity providers, power cooperatives, municipal electric providers and commercial and industrial customers.

Florida Power & Light Company (FPL), a wholly owned subsidiary of NextEra Energy, Inc. (NextEra Energy)

NEXTERA ENERGY, INC.

NEER, which together with affiliated entities is the world's largest generator of renewable energy from the wind and sun based on 2023 MWh produced on a net generation basis, as well as a world leader in battery storage.

The tables below present information for NEE's two reportable segments, FPL, a rate-regulated utility business, and NEER, which is comprised of competitive energy and rate-regulated transmission businesses.

Results from gas infrastructure for the three and six months ended June 30, 2024 decreased primarily due to higher depletion caused by lower expected future production and higher O&M expenses.

Results from new investments for the three and six months ended June 30, 2024 increased primarily due to higher earnings related to new wind and solar generation and battery storage facilities that entered service during or after the three and six months ended June 30, 2023.

1-8841 NEXTERA ENERGY, INC. 59-2449419 700 Universe Boulevard Juno Beach, Florida 33408 (561) 694-4000 State or other jurisdiction of incorporation or organization: Florida

The tables below present information for NEE's two reportable segments, FPL, a rate-regulated utility business, and NEER, which is comprised of competitive energy and rate-regulated transmission businesses.

NEER, which together with affiliated entities is the world's largest generator of renewable energy from the wind and sun based on 2023 MWh produced on a net generation basis, as well as a world leader in battery storage.

FPL, which serves approximately 5.9 million customer accounts in Florida and is one of the largest electric utilities in the U.S.

NextEra Energy, Inc. Common Stock, $0.01 Par Value NEE New York Stock Exchange

As one of the largest electric power and energy infrastructure companies in North America and a leader in the renewable energy industry, NextEra Energy is committed to building a sustainable energy future that is affordable, reliable and clean.

NEER is the world's largest generator of renewable energy from the wind and sun, as well as a world leader in battery storage.

FPL is a rate-regulated electric utility engaged primarily in the generation, transmission, distribution and sale of electric energy in Florida.

NEER, with approximately 30,600 MW of total net generating capacity at December 31, 2023, is one of the largest wholesale generators of electric power in the U.S., including approximately 30,080 MW of net generating capacity across 41 states and 520 MW of net generating capacity in 4 Canadian provinces.

At December 31, 2023, FPL had 33,276 MW of net generating capacity, approximately 90,000 circuit miles of transmission and distribution lines and 883 substations.

FPL is the largest electric utility in the state of Florida and one of the largest electric utilities in the U.S.

NEE has two principal businesses, FPL and NEER.

NEE's reportable segments for financial reporting purposes are FPL and NEER (see Note 16).

NEE is one of the largest electric power and energy infrastructure companies in North America and a leader in the renewable energy industry.

Because any customer may elect to provide their own electric services, FPL effectively must compete for an individual customer's business.

Wholesale power generation is a capital-intensive, commodity-driven business with numerous industry participants.

NEER primarily competes on the basis of price, but believes the green attributes of NEER's generation assets, its track record of completing projects on schedule, its creditworthiness and its ability to offer and manage reliable customized risk solutions to wholesale customers are competitive advantages.

FPL had approximately 9,500 employees at December 31, 2023, with approximately 31% of these employees represented by the International Brotherhood of Electrical Workers (IBEW).

NEER had approximately 7,300 employees at December 31, 2023.

NEE and its subsidiaries, with employees totaling approximately 16,800 as of December 31, 2023, continue to develop and implement enterprise-wide initiatives focused on improving productivity, process effectiveness and quality.

NEER also engages in energy-related commodity marketing and trading activities, including entering into financial and physical contracts.

FPL's Energy Marketing & Trading division (EMT) buys and sells wholesale energy commodities, such as natural gas, low sulfur diesel, electricity and renewable energy credits (RECs) from certain FPL solar generation assets.

FPL provides service to its electric customers through an integrated transmission and distribution system that links its generation facilities to its customers.

NEER, which together with affiliated entities is the world's largest generator of renewable energy from the wind and sun based on 2022 MWh produced on a net generation basis, as well as a world leader in battery storage.

NEXTERA ENERGY, INC. 59-2449419 2-27612 FLORIDA POWER & LIGHT COMPANY 59-0247775

FPL, which serves more than six million customer accounts in Florida and is one of the largest electric utilities in the U.S.

Electricity sales to retail customers account for approximately 90% of FPL’s 2024 operating revenues, the majority of which are to residential customers.

FPL, which serves approximately 5.9 million customer accounts in Florida and is one of the largest electric utilities in the U.S.

Electricity sales to retail customers account for approximately 90% of FPL’s operating revenues, the majority of which are to residential customers.

FPL has firm commitments under long-term contracts primarily for the transportation of natural gas with expiration dates through 2042.

At March 31, 2024, NEER has entered into contracts with expiration dates through 2033 primarily for the purchase of wind turbines, wind towers and solar modules and related construction and development activities, as well as for the supply of uranium, and the conversion, enrichment and fabrication of nuclear fuel.

At December 31, 2023, approximately 94% of NEER's net generating capacity was committed under long-term contracts.

In 2023, 2022 and 2021, operating revenues from wholesale and industrial electric customers combined represented approximately 5%, 7% and 6%, respectively, of FPL's total operating revenues.

FPL serves more than 12 million people through approximately 5.9 million customer accounts.

Electricity sales to retail customers account for approximately 90% of FPL’s 2023 operating revenues, the majority of which are to residential customers.

several contracts for the supply of uranium and the conversion, enrichment and fabrication of nuclear fuel with expiration dates through 2037

Includes approximately $410 million, $405 million, $400 million, $400 million, $400 million and $5,160 million in 2024 through 2028 and thereafter, respectively, of firm commitments related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection, LLC.

At December 31, 2023, NEER has entered into contracts with expiration dates through 2033 primarily for the purchase of wind turbines, wind towers and solar modules and related construction and development activities, as well as for the supply of uranium, and the conversion, enrichment and fabrication of nuclear fuel.

firm transportation contracts with ten different transportation suppliers for natural gas pipeline capacity for an aggregate maximum delivery quantity of 2,836,000 MMBtu/day with expiration dates through 2042

FPL, which serves approximately 5.8 million customer accounts in Florida and is one of the largest electric utilities in the U.S.

The Series AA Junior Subordinated Debentures, Series BB Junior Subordinated Debentures and Series CC Junior Subordinated Debentures initially bear interest at an annual rate of 6.000% through October 1, 2031, 6.200% through October 1, 2036 and 6.625% through October 1, 2046, respectively.

Thereafter, each series bears interest at a rate equal to the Five-Year Treasury Rate (as specified in the Junior Subordinated Debentures) plus a specified margin, reset every five years, provided that the interest rate will not reset below the initial interest rate specified above for such series of Junior Subordinated Debentures.

NEECH, at its option, may redeem some or all of the Series AA Junior Subordinated Debentures beginning in 2031, the Series BB Junior Subordinated Debentures beginning in 2036 and the Series CC Junior Subordinated Debentures beginning in 2046.

On June 22, 2026, NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $1.0 billion principal amount of its Series AA Junior Subordinated Debentures due October 1, 2056 (Series AA Junior Subordinated Debentures)

$1.5 billion principal amount of its Series CC Junior Subordinated Debentures due October 1, 2066

The Junior Subordinated Debentures are guaranteed on a subordinated basis by NEE.

$1.25 billion principal amount of its Series BB Junior Subordinated Debentures due October 1, 2056 (Series BB Junior Subordinated Debentures)

$600 million principal amount of its 5.750% First Mortgage Bonds, Series due June 1, 2056 (2056 Offered Bonds)

On June 1, 2026, Florida Power & Light Company sold $600 million principal amount of its 5.125% First Mortgage Bonds, Series due June 1, 2036 (2036 Offered Bonds)

$1,050 million principal amount of its 5.900% First Mortgage Bonds, Series due June 1, 2066 (2066 Offered Bonds and together with the 2036 Offered Bonds and the 2056 Offered Bonds, the Offered Bonds)

The Notes bear interest at a rate equal to Compounded SOFR (a compounded Secured Overnight Financing Rate as specified in the Notes) minus 0.35%, calculated quarterly.

On May 26, 2026, Florida Power & Light Company sold $255,394,000 principal amount of its Floating Rate Notes, Series due June 1, 2076 (Notes).

Debentures – fixed $ 1,300 4.40% – 5.85% 2031 – 2056

The purchase price included approximately $0.8 billion in cash consideration as well as working capital and other adjustments of $0.3 billion (subject to certain post-closing adjustments).

Executed a 25-year power purchase agreement with Google to recommission the Duane Arnold nuclear plant, advancing long-term contracted clean energy growth

NEECH, at its option, may redeem some or all of the Junior Subordinated Debentures beginning in April 2031.

The Junior Subordinated Debentures bear interest at a rate of 6.50% per year, payable quarterly.

The Debentures are guaranteed by NEE.

Total annual distributions on the equity units will be at the rate of 7.375%, consisting of interest on the Debentures and payments under the stock purchase contracts.

NEECH, at its option, may redeem some or all of the Series X Junior Subordinated Debentures beginning in 2031 and the Series Y Junior Subordinated Debentures beginning in 2035.

The interest rate will be reset on the Series X Junior Subordinated Debentures on February 26, 2032 and each fifth anniversary thereafter to an annual rate equal to the then-applicable Five-Year Swap Rate (as specified in the Series X Junior Subordinated Debentures) plus a specified margin, which margin will increase on February 26, 2037 and February 26, 2052.

The Series X Junior Subordinated Debentures bear interest at an annual rate of 4.20% to February 26, 2032.

The interest rate will be reset on the Series Y Junior Subordinated Debentures on February 26, 2036 and each fifth anniversary thereafter to an annual rate equal to the then-applicable Five-Year Swap Rate (as specified in the Series Y Junior Subordinated Debentures) plus a specified margin.

The Series Y Junior Subordinated Debentures bear interest at an annual rate of 4.75% to February 26, 2036.

On February 26, 2026, NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold €1.0 billion principal amount of its Series X Junior Subordinated Debentures due February 26, 2056 (Series X Junior Subordinated Debentures)

and €750 million principal amount of its Series Y Junior Subordinated Debentures due February 26, 2056 (Series Y Junior Subordinated Debentures and together with the Series X Junior Subordinated Debentures, the Junior Subordinated Debentures).

As of December 31, 2025 and 2024, short-term borrowings had a weighted-average interest rate of 4.43% (3.74% for FPL) and 4.82% (4.59% for FPL), respectively.

In June 2024, NEE sold $2.0 billion of equity units (initially consisting of Corporate Units).

On December 31, 2025, NEE established an at-the-market equity issuance program (ATM program) pursuant to which NEE may offer and sell, from time to time, NEE common stock having an aggregate gross sales price of up to $4 billion.

As of December 31, 2025, NEE's total net available liquidity was approximately $18.7 billion.

On February 5, 2026, NEECH sold a total of $1.3 billion principal amount of its fixed-rate debentures, with interest rates ranging from 4.40% to 5.85% and maturity dates ranging from 2031 to 2056.

Additionally, on February 10, 2026, NEECH sold a total of €1.3 billion principal amount of its fixed-rate debentures, with interest rates ranging from 2.989% to 3.624% and maturity dates ranging from 2030 to 2034.

As of December 31, 2025, the power sales agreements have expiration dates ranging from 2026 to 2050 and NEE expects to receive lease payments of approximately $432 million, $431 million, $415 million, $415 million, $415 million and $4,936 million in 2026 through 2030 and thereafter, respectively.

As of December 31, 2025, NEE’s ROU assets and lease liabilities for operating leases totaled approximately $442 million and $458 million, respectively; the respective amounts as of December 31, 2024 were $372 million and $387 million.

NEE has operating and finance leases primarily related to land use agreements that convey exclusive use of the land during the arrangement for certain of its renewable energy projects and substations, as well as buildings and equipment.

As of December 31, 2025, expected lease payments over the remaining terms of the leases were approximately $4.1 billion with no one year being material.

As of December 31, 2025, NEE’s ROU assets and lease liabilities for finance leases totaled approximately $1,108 million and $1,143 million, respectively; the respective amounts as of December 31, 2024 were $826 million and $840 million.

As of December 31, 2025, FPL's resources for serving load consisted of approximately 36,616 MW of net generating capacity, of which 36,372 MW were from FPL-owned facilities and 244 MW were available through PPAs.

NEER's portfolio of generation assets primarily consists of generation facilities with long-term power sales agreements for substantially all of their capacity and/or energy output.

As of December 31, 2025, approximately 95% of NEER's net generating capacity was committed under long-term contracts.

weighted-average remaining contract term of the power sales agreements of approximately 14 years, primarily based on forecasted contributions to earnings.

Additionally, NEER entered into a 25-year PPA for the full capacity of Duane Arnold, and agreements to increase its ownership interest to 100% of the plant, subject to regulatory approvals.

The Debentures were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

On February 10, 2026, NextEra Energy Capital Holdings, Inc., a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold €650 million principal amount of its 2.989% Debentures, Series due February 10, 2030 (2030 Debentures) and €650 million principal amount of its 3.624% Debentures, Series due February 10, 2034 (2034 Debentures and together with the 2030 Debentures, the Debentures), both of which are guaranteed by NEE.

and $600 million principal amount of its 5.85% Debentures, Series due March 1, 2056 (2056 Debentures and together with the 2031 Debentures, the Debentures)

sold $700 million principal amount of its 4.40% Debentures, Series due March 1, 2031 (2031 Debentures)

On February 5, 2026, NextEra Energy Capital Holdings, Inc., a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $700 million principal amount of its 4.40% Debentures, Series due March 1, 2031 (2031 Debentures) and $600 million principal amount of its 5.85% Debentures, Series due March 1, 2056 (2056 Debentures and together with the 2031 Debentures, the Debentures), both of which are guaranteed by NEE.

pursuant to which NEE may offer and sell, from time to time, common stock, $.01 par value, having an aggregate gross sales price of up to $4 billion through an Agent or to an Agent as principal.

On December 5, 2025, Florida Power & Light Company sold $650 million principal amount of its 4.70% First Mortgage Bonds, Series due February 15, 2036 (2036 Offered Bonds) and $1,150 million principal amount of its 5.60% First Mortgage Bonds, Series due February 15, 2066 (2066 Offered Bonds and together with the 2036 Offered Bonds, the Offered Bonds).

On December 5, 2025, Florida Power & Light Company sold $650 million principal amount of its 4.70% First Mortgage Bonds, Series due February 15, 2036 (2036 Offered Bonds) and $1,150 million principal amount of its 5.60% First Mortgage Bonds, Series due February 15, 2066 (2066 Offered Bonds and together with the 2036 Offered Bonds, the Offered Bonds).

The interest rate will be reset on the Series V Junior Subordinated Debentures on May 15, 2031 and each fifth anniversary thereafter to an annual rate equal to the then-applicable Five-Year Swap Rate (as specified in the Series V Junior Subordinated Debentures) plus a specified margin, which margin will increase on May 15, 2036 and May 15, 2051.

The Series V Junior Subordinated Debentures bear interest at an annual rate of 3.996% to May 15, 2031.

NEECH, at its option, may redeem some or all of the Series V Junior Subordinated Debentures beginning in 2031 and Series W Junior Subordinated Debentures beginning in 2034.

The Series W Junior Subordinated Debentures bear interest at an annual rate of 4.496% to May 15, 2034.

The interest rate will be reset on the Series W Junior Subordinated Debentures on May 15, 2034 and each fifth anniversary thereafter to an annual rate equal to the then-applicable Five-Year Swap Rate (as specified in the Series W Junior Subordinated Debentures) plus a specified margin, which margin will increase on May 15, 2039 and May 15, 2054.

In connection with the settlement of the contracts to purchase NEE common stock that were issued as components of the September 2022 equity units, in August and September 2025, NEE issued approximately 22.8 million shares of common stock in exchange for $2.0 billion.

In August 2025, NEECH completed a remarketing of approximately $2.0 billion aggregate principal amount of its Series M Debentures due September 1, 2027 that were issued in September 2022 as components of equity units issued concurrently by NEE (September 2022 equity units). The debentures are fully and unconditionally guaranteed by NEE. In connection with the remarketing of the debentures, the interest rate on the debentures was reset to 4.685% per year, and interest is payable on March 1 and September 1 of each year, commencing September 1, 2025.

At September 30, 2025, NEE's total net available liquidity was approximately $16.0 billion.

Upon completion of the remarketing, the interest rate on the Series M Debentures was reset to 4.685% per year and interest will be payable March 1 and September 1, commencing September 1, 2025.

The Series M Debentures are guaranteed by NEE.

These remarketed debentures were originally issued in September 2022 as components of equity units issued by NEE.

The remarketing occurred under Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

Debentures – fixed $ 4,500 4.85 % – 5.90 % 2028 – 2055

FPL: First mortgage bonds $ 2,000 5.30 % – 5.80 % 2034 – 2065

3.83% Debentures, Series due June 12, 2030

4.67% Debentures, Series due June 12, 2035

both of which are guaranteed by NEE.

NEECH, at its option, may redeem some or all of the Junior Subordinated Debentures beginning in June 2030.

On May 15, 2025, NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $875 million principal amount of its Series U Junior Subordinated Debentures due June 1, 2085 (Junior Subordinated Debentures).

NEECH: Debentures – fixed $ 4,500 4.85 % – 5.90 % 2028 – 2055

FPL: First mortgage bonds $ 2,000 5.30 % – 5.80 % 2034 – 2065

Junior subordinated debentures $ 2,500 6.38 % – 6.50 % (b) 2055

The 2034 Offered Bonds are a further issuance of, and are consolidated and form a single series with, the 5.30% First Mortgage Bonds, Series due June 15, 2034 issued on June 3, 2024, in the principal amount of $750 million.

Following the issuance of the 2034 Offered Bonds, the aggregate principal amount of outstanding 5.30% First Mortgage Bonds, Series due June 15, 2034 is $1.1 billion.

On February 21, 2025, Florida Power & Light Company sold $350 million principal amount of its 5.30% First Mortgage Bonds, Series due June 15, 2034 (2034 Offered Bonds), $950 million principal amount of its 5.70% First Mortgage Bonds, Series due March 15, 2055 (2055 Offered Bonds) and $700 million principal amount of its 5.80% First Mortgage Bonds, Series due March 15, 2065 (2065 Offered Bonds and together with the 2034 Offered Bonds and the 2055 Offered Bonds, the Offered Bonds).

On February 4, 2025, NEECH sold a total of $4.5 billion principal amount of its fixed-rate debentures, with interest rates ranging from 4.85% to 5.90% and maturity dates ranging from 2028 to 2055, and $500 million of its floating-rate debentures due in 2028.

On February 6, 2025, NEECH sold $1.5 billion principal amount of its Series S Junior Subordinated Debentures due August 15, 2055 and $1.0 billion principal amount of its Series T Junior Subordinated Debentures due August 15, 2055

At December 31, 2024, NEE’s ROU assets and lease liabilities for finance leases totaled approximately $826 million and $840 million, respectively

At December 31, 2024, NEE’s ROU assets and lease liabilities for operating leases totaled approximately $372 million and $387 million, respectively

At December 31, 2024, approximately 94% of NEER's net generating capacity was committed under long-term contracts.

At December 31, 2024, FPL's resources for serving load consisted of approximately 35,296 MW of net generating capacity, of which 35,052 MW were from FPL-owned facilities and 244 MW were available through PPAs.

provided that the interest rate for each series of Junior Subordinated Debentures will not reset below the initial interest rate specified above for such series of Junior Subordinated Debentures.

The Series S Junior Subordinated Debentures bear interest at a rate of 6.375% to August 15, 2030 and thereafter will bear interest at a rate equal to the Five-Year Treasury Rate (as specified in the Junior Subordinated Debentures) plus 2.053%, reset every five years

the Series T Junior Subordinated Debentures bear interest at a rate of 6.50% to August 15, 2035 and thereafter will bear interest at a rate equal to the Five-Year Treasury Rate plus 1.979%, reset every five years

NEECH, at its option, may redeem some or all of the Series S Junior Subordinated Debentures and Series T Junior Subordinated Debentures during specified periods beginning in May 2030 and May 2035, respectively.

On February 6, 2025, NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $1.5 billion principal amount of its Series S Junior Subordinated Debentures due August 15, 2055 (Series S Junior Subordinated Debentures) and $1 billion principal amount of its Series T Junior Subordinated Debenture due August 15, 2055 (Series T Junior Subordinated Debentures and together with the Series S Junior Subordinated Debentures, Junior Subordinated Debentures).

all of which are guaranteed by NEE.

The Floating Rate Debentures will bear interest at a rate equal to Compounded SOFR (a compounded Secured Overnight Financing Rate as specified in the Floating Rate Debentures) plus 0.80%.

On February 4, 2025, NextEra Energy Capital Holdings, Inc., a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $1 billion principal amount of its 4.85% Debentures, Series due February 4, 2028, $1 billion principal amount of its 5.05% Debentures, Series due March 15, 2030, $750 million principal amount of its 5.30% Debentures, Series due March 15, 2032, $1 billion principal amount of its 5.45% Debentures, Series due March 15, 2035, $750 million principal amount of its 5.90% Debentures, Series due March 15, 2055 (Fixed Rate Debentures) and $500 million of its Floating Rate Debentures, Series due February 4, 2028 (Floating Rate Debentures, and together with the Fixed Rate Debentures, Debentures), all of which are guaranteed by NEE.

Each equity unit consists of a contract to purchase NEE common stock (stock purchase contract) and, initially, a 5% undivided beneficial ownership interest in a Series O Debenture due November 1, 2029, issued in the principal amount of $1,000 by NextEra Energy Capital Holdings, Inc. (NEECH).

On October 31, 2024, NextEra Energy, Inc. (NEE) sold $1.5 billion of equity units (initially consisting of Corporate Units) to J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Goldman Sachs & Co. LLC.

Total annual distributions on the equity units will be at the rate of 7.234%, consisting of interest on the debentures and payments under the stock purchase contracts.

At September 30, 2024 and December 31, 2023, NEE's outstanding obligations under its structured payables program were approximately $1.6 billion and $4.7 billion, respectively, substantially all of which is included in accounts payable on NEE's condensed consolidated balance sheets.

On October 15, 2024, a subsidiary of NextEra Energy Resources issued $633 million in principal amount of senior-secured limited-recourse notes with a 5.74% interest rate, maturing in 2049.

At September 30, 2024, NEE's total net available liquidity was approximately $12.0 billion.

Total annual distributions on the equity units are at the rate of 7.299%, consisting of interest on the debentures (5.15% per year) and payments under the stock purchase contracts (2.149% per year).

Proceeds resulting from the sales of renewable energy tax credits for the nine months ended September 30, 2024 of approximately $768 million are reported in the cash paid (received) for income taxes – net within the supplemental disclosures of cash flow information on NEE's condensed consolidated statements of cash flows.

At September 30, 2024, the exchange rate, which is subject to certain adjustments as set forth in the indenture, is 14.6927 shares of NEE common stock per $1,000 in principal amount of notes, which is equivalent to an exchange price of approximately $68.06 per share of NEE common stock.

In March 2024, NEECH issued $1.0 billion principal amount of its exchangeable senior notes due 2027 (the notes).

On July 30, 2024, Florida Power & Light Company sold $350 million principal amount of its 5.00% First Mortgage Bonds, Series due August 1, 2034 (Bonds).

In March 2024, NEECH issued $1.0 billion principal amount of its exchangeable senior notes due 2027 (the notes).

At June 30, 2024, the exchange rate, which is subject to certain adjustments as set forth in the indenture, is 14.6927 shares of NEE common stock per $1,000 in principal amount of notes, which is equivalent to an exchange price of approximately $68.06 per share of NEE common stock.

Proceeds resulting from the sales of renewable energy tax credits for the six months ended June 30, 2024 of approximately $511 million are reported in the cash paid (received) for income taxes – net within the supplemental disclosures of cash flow information on NEE's condensed consolidated statements of cash flows.

At June 30, 2024 and December 31, 2023, NEE's outstanding obligations under its structured payables program were approximately $1.3 billion and $4.7 billion, respectively, substantially all of which is included in accounts payable on NEE's condensed consolidated balance sheets.

In June 2024, NEE sold $2.0 billion of equity units (initially consisting of Corporate Units). Each equity unit has a stated amount of $50 and consists of a contract to purchase NEE common stock (stock purchase contract) and, initially, a 5% undivided beneficial ownership interest in a Series N Debenture due June 1, 2029, issued in the principal amount of $1,000 by NEECH.

NEECH used $52 million of the net proceeds from the sale of the notes to enter into capped call transactions.

At June 30, 2024, NEE's total net available liquidity was approximately $13.6 billion.

On July 1, 2024, Florida Power & Light Company sold $167,105,000 principal amount of its Floating Rate Notes, Series due July 2, 2074 (Notes).

On June 20, 2024, NextEra Energy, Inc. (NEE) sold $2.0 billion of equity units (initially consisting of Corporate Units) to Wells Fargo Securities, LLC and BofA Securities, Inc.

Each equity unit was issued in a stated amount of $50 consisting of a contract to purchase NEE common stock (stock purchase contract) and, initially, a 5% undivided beneficial ownership interest in a Series N Debenture due June 1, 2029, issued in the principal amount of $1,000 by NextEra Energy Capital Holdings, Inc. (NEECH).

Total annual distributions on the equity units will be at the rate of 7.299%, consisting of interest on the debentures and payments under the stock purchase contracts.

The Junior Subordinated Debentures bear interest at a rate of 6.75% to June 15, 2034 and thereafter will bear interest at a rate equal to the Five-Year Treasury Rate (as specified in the Junior Subordinated Debentures) plus 2.457%, reset every five years.

NEECH, at its option, may redeem some or all of the Junior Subordinated Debentures during specified periods beginning in March 2034.

The Junior Subordinated Debentures were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

On June 7, 2024, NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $1.2 billion principal amount of its Series R Junior Subordinated Debentures due June 15, 2054 (Junior Subordinated Debentures).

The Offered Bonds were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

On June 3, 2024, Florida Power & Light Company sold $750 million principal amount of its 5.15% First Mortgage Bonds, Series due June 15, 2029, $750 million principal amount of its 5.30% First Mortgage Bonds, Series due June 15, 2034 and $850 million principal amount of its 5.60% First Mortgage Bonds, Series due June 15, 2054 (collectively, the Offered Bonds).

On June 3, 2024, Florida Power & Light Company sold $750 million principal amount of its 5.15% First Mortgage Bonds, Series due June 15, 2029, $750 million principal amount of its 5.30% First Mortgage Bonds, Series due June 15, 2034 and $850 million principal amount of its 5.60% First Mortgage Bonds, Series due June 15, 2054 (collectively, the Offered Bonds).

On June 3, 2024, Florida Power & Light Company sold $750 million principal amount of its 5.15% First Mortgage Bonds, Series due June 15, 2029, $750 million principal amount of its 5.30% First Mortgage Bonds, Series due June 15, 2034 and $850 million principal amount of its 5.60% First Mortgage Bonds, Series due June 15, 2054 (collectively, the Offered Bonds).

Investments in plant in service and other property grew FPL's average rate base by approximately $6.8 billion for the three months ended March 31, 2024, when compared to the same period in the prior year, reflecting, among other things, solar generation additions and ongoing transmission and distribution additions.

Canadian dollar denominated debentures(d) $ 744 4.85 % 2031

Revolving credit facilities $ 700 Variable (a) 2025

Debentures – fixed $ 3,800 4.90 % – 5.55 % 2026 – 2054

Exchangeable senior notes(c) $ 1,000 3.00 % 2027

Debentures – variable $ 600 Variable (a) 2026

Junior subordinated debentures $ 1,000 6.70 % (b) 2054

At March 31, 2024, the initial exchange rate, which is subject to certain adjustments as set forth in the indenture, is 14.6927 shares of NEE common stock per $1,000 in principal amount of notes, which is equivalent to an initial exchange price of approximately $68.06 per share of NEE common stock.

In March 2024, NEE, NEECH and FPL filed a shelf registration statement with the SEC for an unspecified amount of securities, which became effective upon filing.

NEECH used $52 million of the net proceeds from the sale of the notes to enter into capped call transactions. Under the capped call transactions, NEECH purchased capped call options with an initial strike price of $68.06 and an initial cap price of $83.34 in each case per share of NEE common stock and subject to adjustment in certain circumstances.

On March 7, 2024, NextEra Energy Capital Holdings, Inc., a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold C$1.0 billion principal amount of its 4.85% Debentures, Series due April 30, 2031 (Debentures), which are guaranteed by NEE.

A holder may exchange all or a portion of its notes at any time prior to the close of business on the business day immediately preceding the maturity date in accordance with the indenture.

The exchange rate is subject to adjustment in certain circumstances, as set forth in the indenture.

The notes are not redeemable at NEECH’s option prior to their maturity.

In addition, upon the occurrence of a make-whole fundamental change (as defined in the indenture), NEECH will, in certain circumstances, increase the exchange rate by a number of additional shares of NEE common stock for a holder that elects to exchange its notes in connection with such make-whole fundamental change.

The notes will bear interest at a rate of 3.00% per year, payable semi-annually in arrears on March 1 and September 1 of each year, beginning on September 1, 2024.

Upon the occurrence of a fundamental change (as defined in the indenture) holders of the notes may require NEECH to purchase all or a portion of their notes for cash in an amount equal to the principal amount of the notes to be purchased plus any accrued and unpaid interest.

Upon exchange, NEECH will pay cash up to the aggregate principal amount of the notes to be exchanged and has the right, at its sole discretion, to pay or deliver or cause NEE to deliver, as the case may be, cash, shares of NEE common stock or a combination of both, in respect of the remainder, if any, of NEECH's exchange obligation in excess of the aggregate principal amount of the notes being exchanged.

The initial exchange rate is 14.6927 shares of NEE common stock per $1,000 in principal amount of notes, which is equivalent to an initial exchange price of approximately $68.06 per share of NEE common stock on February 27, 2024.

The notes will mature on March 1, 2027, unless earlier purchased by NEECH or exchanged in accordance with their terms.

The notes are unsecured obligations of NEECH and are unconditionally and irrevocably guaranteed, on a senior unsecured basis, by NEE.

This represents a premium of approximately 22.5% above the $55.56 closing price of NEE common stock on February 27, 2024.

The net proceeds from the sale of the notes were approximately $990 million after deducting the initial purchasers' discounts.

The Junior Subordinated Debentures bear interest at a rate of 6.70% to September 1, 2029 and thereafter will bear interest at a rate equal to the Five-Year Treasury Rate (as specified in the Junior Subordinated Debentures) plus 2.364%, reset every five years.

The Junior Subordinated Debentures were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-254632, 333-254632-01 and 333-254632-02.

NEECH, at its option, may redeem some or all of the Junior Subordinated Debentures during specified periods beginning in June 2029.

On March 1, 2024, NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $1.0 billion principal amount of its Series Q Junior Subordinated Debentures due September 1, 2054 (Junior Subordinated Debentures).

the offering and pricing of $900 million in aggregate principal amount of its 3.00% Exchangeable Senior Notes due 2027 (the notes)

the offering and pricing of $900 million in aggregate principal amount of its 3.00% Exchangeable Senior Notes due 2027 (the notes)

in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended

as well as an option to purchase up to an additional $100 million of the notes

Total annual distributions on the equity units are at the rate of 6.926%, consisting of interest on the debentures (4.60% per year) and payments under the stock purchase contracts (2.326% per year).

On January 31, 2024, NEECH sold a total of $3.8 billion principal amount of its debentures, with interest rates ranging from 4.90% to 5.55% and maturity dates ranging from 2026 to 2054, and $600 million of its floating rate debentures due in 2026.

At December 31, 2023, NEE's total net available liquidity was approximately $12.2 billion.

At December 31, 2023, FPL could have issued in excess of $34 billion of additional first mortgage bonds based on the unfunded property additions and retired first mortgage bonds.

NEE has guaranteed certain payment obligations of NEECH, including most of those under NEECH's debt, including all of its debentures and commercial paper issuances, as well as most of its payment guarantees and indemnifications.

At December 31, 2023, expected lease payments over the remaining terms of the leases were approximately $1.7 billion with no one year being material.

At December 31, 2023, the power sales agreements have expiration dates from 2024 to 2043 and NEE expects to receive approximately $2.8 billion of lease payments over the remaining terms of the power sales agreements with no one year being material.

NEE has operating and finance leases primarily related to land use agreements that convey exclusive use of the land during the arrangement for certain of its renewable energy projects and substations, buildings, equipment.

At December 31, 2023, NEE’s ROU assets and lease liabilities for operating leases totaled approximately $396 million and $412 million, respectively; the respective amounts at December 31, 2022 were $386 million and $400 million.

At December 31, 2023, FPL's resources for serving load consisted of approximately 33,520 MW of net generating capacity, of which 33,276 MW were from FPL-owned facilities and 244 MW were available through PPAs.

The Floating Rate Debentures will bear interest at a rate equal to Compounded SOFR (a compounded Secured Overnight Financing Rate as specified in the Floating Rate Debentures) plus 0.76%.

$1.1 billion principal amount of its 5.25% Debentures, Series due March 15, 2034

$900 million principal amount of its 4.90% Debentures, Series due March 15, 2029

On January 31, 2024, NextEra Energy Capital Holdings, Inc., a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $1 billion principal amount of its 4.95% Debentures, Series due January 29, 2026

$600 million of its Floating Rate Debentures, Series due January 29, 2026

$800 million principal amount of its 5.55% Debentures, Series due March 15, 2054 (Fixed Rate Debentures)

FPL: First mortgage bonds $ 4,500 4.40 % – 5.30 % 2028 – 2053

NEECH: Debentures $ 4,000 4.90 % – 5.25 % 2028 – 2053

In October 2023, NEECH entered into forward starting interest rate swap agreements with a notional amount of $4.7 billion to manage interest rate risk associated with forecasted debt issuances.

During September and October 2023, NEECH has entered into agreements to sell tax credits for approximately $337 million in cash proceeds in the fourth quarter of 2023.

In March 2023, NEECH completed a remarketing of $2.5 billion aggregate principal amount of its Series K Debentures due March 1, 2025 that were issued in February 2020 as components of equity units issued concurrently by NEE (February 2020 equity units).

In connection with the settlement of the contracts to purchase NEE common stock that were issued as components of the September 2020 equity units, on September 1, 2023, NEE issued 27,344,000 shares of common stock in exchange for $2.0 billion.

In August 2023, NEECH completed a remarketing of $2.0 billion aggregate principal amount of its Series L Debentures due September 1, 2025 that were issued in September 2020 as components of equity units issued concurrently by NEE (September 2020 equity units).

At September 30, 2023, NEE's total net available liquidity was approximately $12.8 billion.

In connection with the settlement of the contracts to purchase NEE common stock that were issued as components of the February 2020 equity units, on March 1, 2023, NEE issued 33,380,000 shares of common stock in exchange for $2.5 billion.

Since entering into the Merger Agreement, NextEra Energy has received several demand letters from purported shareholders of NextEra Energy (the “Demand Letters”). The Demand Letters assert that, among other things, the joint proxy statement/prospectus contains certain disclosure deficiencies and/or incomplete information regarding the Mergers.

These factors include a failure by NextEra Energy to successfully integrate Dominion Energy’s businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected

It is possible that additional or similar demand letters may be received by NextEra Energy, or that complaints making similar allegations may be filed naming NextEra Energy as a defendant, regarding the Mergers.

the risk that the conditions to closing are not satisfied on a timely basis or at all or the failure of the transactions to close for any other reason or to close on the anticipated terms

In May 2026, notices of appeal were filed with the Florida Supreme Court challenging the FPSC's order denying reconsideration of the FPSC's final order approving the 2025 rate agreement. In June 2026, the Florida Supreme Court consolidated the appeals into a single proceeding.

In March 2026, the defendants filed a motion to dismiss the complaint, which remains pending.

In November 2024, NEE was named as defendant in an antitrust lawsuit (Avangrid, Inc. et al. v. NextEra Energy, Inc.) filed in the U.S. District Court for the District of Massachusetts.

There have been no material changes to the risk factors disclosed in the 2025 Form 10-K.

In March 2026, the named defendants and lead plaintiffs entered into a settlement term sheet that sets forth the material terms and conditions for the resolution of the 2023 securities class action lawsuit.

In February 2026, the Office of Public Counsel, Floridians Against Increased Rates, Inc. and, as a group, Florida Rising, Inc., Environmental Confederation of Southwest Florida, Inc. and League of United Latin American Citizens of Florida (collectively, the non-signatories) filed with the FPSC a joint motion for reconsideration and a joint request for oral argument, and filed notices of appeal with the Florida Supreme Court, in each case challenging the FPSC's final order approving the 2025 rate agreement.

Under the terms of the proposed settlement, NEE would pay an aggregate of $150 million to settle all claims asserted in the 2023 securities class action lawsuit, inclusive of plaintiffs’ counsel’s fees and costs of administering the settlement.

In September 2025, the U.S. District Court for the District of Massachusetts dismissed the alleged violations of federal and state antitrust laws.

NEE’s payment would be covered by insurance.

XPLR, NEE and certain NEE executives who also serve or served as directors or officers of XPLR are the named defendants in a purported federal securities class action lawsuit filed in the U.S. District Court for the Southern District of California (Southern District of California) in July 2025 that seeks unspecified damages alleging that the defendants made false and misleading statements regarding XPLR's business model, XPLR distributions, and its arrangements relating to noncontrolling Class B members' interests under certain limited liability company agreements to which XPLR and certain of its subsidiaries are or were a party.

In April 2026, the FPSC denied substantially all of the non-signatories' joint motion for reconsideration, granting only a limited correction to expand on the discussion of FPL's performance under the Florida Energy Efficiency and Conservation Act in the final order.

There have been no material changes from the risk factors disclosed in the 2025 Form 10-K.

In September 2025, the U.S. District Court for the District of Massachusetts dismissed the alleged violations of federal and state antitrust laws.

XPLR, NEE and certain NEE executives who also serve or served as directors or officers of XPLR are the named defendants in a purported federal securities class action lawsuit filed in the U.S. District Court for the Southern District of California (Southern District of California) in July 2025 that seeks unspecified damages alleging that the defendants made false and misleading statements regarding XPLR's business model, XPLR distributions, and its arrangements relating to noncontrolling class B members' interests under certain limited liability company agreements to which XPLR and certain of its subsidiaries are or were a party.

XPLR, NEE and certain current and former XPLR directors or officers, some of whom are also current and former NEE executives, are the named defendants in a purported unitholder derivative action filed in the Southern District of California in August 2025.

NEE, FPL, and certain current and former executives, are the named defendants in a purported shareholder securities class action lawsuit filed in the U.S. District Court for the Southern District of Florida in June 2023 and amended in December 2023 that seeks from the defendants unspecified damages allegedly resulting from alleged false or misleading statements regarding NEE's alleged campaign finance and other political activities.

Following appeal, on November 26, 2025, a panel of the U.S. Court of Appeals for the 11th Circuit reversed the dismissal and remanded the lawsuit for further proceedings.

In November 2024, NEE was named as defendant in an antitrust lawsuit (Avangrid, Inc. et al. v. NextEra Energy, Inc.) filed in the U.S. District Court for the District of Massachusetts.

NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative actions filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023, March 2024 and May 2025, in the U.S. District Court for the Southern District of Florida in October 2023 and November 2023 (which were consolidated in January 2024) and in the U.S. District Court for the Southern District of Florida in July 2024 and May 2025, seeking unspecified damages allegedly resulting from, among other things, breaches of fiduciary duties and, in the consolidated cases and the July 2024 case, violations of the federal securities laws, all purporting to relate to alleged campaign finance law violations and associated matters.

The operation and maintenance of NEE's and FPL's nuclear generation facilities involve environmental, health and financial risks that could result in fines or the closure of the facilities and in increased costs and capital expenditures.

Weather conditions directly influence the demand for electricity and natural gas and other fuels and affect the price of energy and energy-related commodities.

NEE and FPL are subject to the potentially adverse operating and financial effects of geopolitical factors, terrorist acts and threats, cyberattacks and other disruptive activities of individuals or groups.

Disruptions, uncertainty or volatility in the credit and capital markets, among other factors, may negatively affect NEE's and FPL's ability to fund their liquidity and capital needs and to meet their growth objectives, and could also materially adversely affect their business, financial condition, liquidity, results of operations and prospects.

The operations of NEE and FPL are subject to complex and comprehensive federal, state and other regulation.

NEE's and FPL's business, financial condition, results of operations and prospects could be materially adversely affected if they are unable to recover in a timely manner any significant amount of costs, a return on certain assets or a reasonable return on invested capital through base rates, cost recovery clauses, other regulatory mechanisms or otherwise.

NEE depends on government policies that support clean energy and enhance the economic feasibility of developing and operating clean energy projects in regions in which NEER and FPL operate or plan to develop and operate such facilities.

The future results of NextEra Energy and its business and financial condition are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, or may require it to limit or eliminate certain operations.

Parties to the base rate proceeding who opposed the approval of the 2025 rate agreement will have the right to appeal the FPSC's decision within 30 days of the issuance of the final order.

XPLR, NEE and certain NEE executives who also serve or served as directors or officers of XPLR are the named defendants in a purported federal securities class action lawsuit filed in the U.S. District Court for the Southern District of California in July 2025 that seeks unspecified damages alleging that the defendants made false and misleading statements regarding XPLR's business model, XPLR distributions, and its arrangements relating to noncontrolling Class B members' interests under certain limited liability company agreements to which XPLR and certain of its subsidiaries are or were a party.

In September 2024, the class action lawsuit was dismissed with prejudice by the U.S. District Court for the Southern District of Florida. An appeal of the dismissal, which the lead plaintiffs filed with the U.S. Court of Appeals for the 11th Circuit in October 2024, remains pending.

In September 2025, the U.S. District Court for the District of Massachusetts dismissed the alleged violations of federal and state antitrust laws.

In November 2024, NEE was named as defendant in an antitrust lawsuit (Avangrid, Inc. et al. v. NextEra Energy, Inc.) filed in the U.S. District Court for the District of Massachusetts. The original complaint sought damages of $350 million, which would be tripled in the event of a finding of monopolization under the Sherman Act, from the defendants for alleged violations of federal and state antitrust laws, as well as Massachusetts state laws.

The court has not yet considered the Massachusetts state law claims; so NEE's motion to dismiss such claims remains pending oral argument.

NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative actions filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023, March 2024 and May 2025, in the U.S. District Court for the Southern District of Florida in October 2023 and November 2023 (which were consolidated in January 2024) and in the U.S. District Court for the Southern District of Florida in July 2024 and May 2025, seeking unspecified damages allegedly resulting from, among other things, breaches of fiduciary duties and, in the consolidated cases and the July 2024 case, violations of the federal securities laws, all purporting to relate to alleged campaign finance law violations and associated matters.

XPLR, NEE and certain current and former XPLR directors or officers, some of whom are also current and former NEE executives, are the named defendants in a purported unitholder derivative action filed in the U.S. District Court for the Southern District of California in August 2025.

There have been no material changes from the risk factors disclosed in the 2024 Form 10-K.

All of these derivative cases, demands and requests are effectively stayed pending the appeal of the securities class action lawsuit described above.

NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative actions filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023, March 2024 and May 2025, in the U.S. District Court for the Southern District of Florida in October 2023 and November 2023 (which were consolidated in January 2024) and in the U.S. District Court for the Southern District of Florida in July 2024 and May 2025, seeking unspecified damages allegedly resulting from, among other things, breaches of fiduciary duties and, in the consolidated cases and the July 2024 case, violations of the federal securities laws, all purporting to relate to alleged campaign finance law violations and associated matters.

In September 2024, the class action lawsuit was dismissed with prejudice by the U.S. District Court for the Southern District of Florida. An appeal of the dismissal, which the lead plaintiffs filed with the U.S. Court of Appeals for the 11th Circuit in October 2024, remains pending.

In July 2025, the Florida Supreme Court affirmed the FPSC's final and supplemental final order.

XPLR, NEE and certain NEE executives are the named defendants in a purported federal securities class action lawsuit filed in the U.S. District Court for the Southern District of California in July 2025 that seeks unspecified damages alleging that the defendants made false and misleading statements regarding XPLR's business model, XPLR distributions, and its arrangements relating to noncontrolling Class B members' interests under certain limited liability company agreements to which XPLR and certain of its subsidiaries are or were a party.

In November 2024, NEE was named as defendant in an antitrust lawsuit (Avangrid, Inc. et al. v. NextEra Energy, Inc.) filed in the U.S. District Court for the District of Massachusetts. This lawsuit seeks damages of $350 million, which are tripled in the event of a finding of monopolization under the Sherman Act, from the defendants for alleged violations of federal and state antitrust laws, as well as Massachusetts state laws. NEE's motion to dismiss the lawsuit remains pending.

There has been no material impact on NEE's or FPL's operations or financial performance as a result of these developments to date in 2025, but NEE will continue to assess these and further developments for potential impacts in future periods.

There have been no material changes from the risk factors disclosed in the 2024 Form 10-K.

In November 2024, NEE was named as defendant in an antitrust lawsuit (Avangrid, Inc. et al. v. NextEra Energy, Inc.) filed in the U.S. District Court for the District of Massachusetts. This lawsuit seeks damages of $350 million, which are tripled in the event of a finding of monopolization under the Sherman Act, from the defendants for alleged violations of federal and state antitrust laws, as well as Massachusetts state laws. NEE's motion to dismiss the lawsuit remains pending.

In September 2024, the class action lawsuit was dismissed with prejudice by the U.S. District Court for the Southern District of Florida. An appeal of the dismissal, which the lead plaintiffs filed with the U.S. Court of Appeals for the 11th Circuit in October 2024, remains pending.

There have been no material changes from the risk factors disclosed in the 2024 Form 10-K.

In September 2024, the class action lawsuit was dismissed with prejudice by the U.S. District Court for the Southern District of Florida.

FPL is the defendant in a purported class action lawsuit filed in the Miami-Dade County Circuit Court in February 2018 that seeks from FPL unspecified damages for alleged breach of contract and gross negligence based on service interruptions that occurred as a result of Hurricane Irma in 2017.

In November 2024, NEE was named as defendant in an antitrust lawsuit (Avangrid, Inc. et al. v. NextEra Energy, Inc.) filed in the U.S. District Court for the District of Massachusetts. This lawsuit seeks damages of $350 million, which are tripled in the event of a finding of monopolization under the Sherman Act, from the defendants for alleged violations of federal and state antitrust laws, as well as Massachusetts state laws.

In September 2023, a participant in the NEE Employee Retirement Savings Plan (Plan), purportedly on behalf of the Plan and all persons who were participants in or beneficiaries of the Plan, at any time between September 25, 2016 and September 25, 2023 (Plan participants), filed a putative ERISA class action lawsuit in the U.S. District Court for the Southern District of Florida against NEE.

NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative actions filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023 and March 2024, in the U.S. District Court for the Southern District of Florida in October 2023 and November 2023 (which were consolidated in January 2024) and in the U.S. District Court for the Southern District of Florida in July 2024

NEE's and FPL's business, financial condition, results of operations and prospects could suffer if NEE and FPL do not proceed with projects under development or are unable to complete the construction of, or capital improvements to, electric generation, storage, transmission and distribution facilities, natural gas and oil production and transportation facilities or other facilities on schedule or within budget.

NEE's and FPL's business, financial condition, results of operations and prospects can be materially adversely affected by weather conditions and related impacts, including, but not limited to, the impact of severe weather.

NEE's and FPL's business, financial condition, results of operations and prospects may be materially adversely affected by the extensive regulation of their business.

Due to the potential for significant volatility in market prices for fuel, electricity and environmental and other energy-related commodities, NEE's inability or failure to manage properly or hedge effectively the commodity risks within its portfolio could materially adversely affect NEE's business, financial condition, results of operations and prospects.

The operation and maintenance of NEE's and FPL's nuclear generation facilities involve environmental, health and financial risks that could result in fines or the closure of the facilities and in increased costs and capital expenditures.

Threats of terrorism and catastrophic events that could result from geopolitical factors, terrorism, cyberattacks, or individuals and/or groups attempting to disrupt NEE's and FPL's business, or the businesses of third parties, may materially adversely affect NEE's and FPL's business, financial condition, results of operations and prospects.

Disruptions, uncertainty or volatility in the credit and capital markets, among other factors, may negatively affect NEE's and FPL's ability to fund their liquidity and capital needs and to meet their growth objectives

In May 2024, the 3rd DCA vacated its prior order which had upheld the circuit court's certification of the class, and remanded the proceeding to the circuit court to be stayed pending the plaintiffs obtaining a decision from the FPSC related to the sufficiency of FPL’s disaster preparedness. In June 2024, the plaintiffs filed a motion for rehearing, rehearing en banc or certification with the 3rd DCA and that motion was denied in August 2024. In September 2024, the plaintiffs filed a request for the Florida Supreme Court to review the 3rd DCA's order decertifying the class and remanding and staying the case, which request remains pending.

In September 2024, the class action lawsuit was dismissed with prejudice by the U.S. District Court for the Southern District of Florida. On October 16, 2024, the lead plaintiffs filed a notice of appeal with the U.S. Court of Appeals for the 11th Circuit.

In March 2024, the FPSC issued a supplemental final order regarding FPL's 2021 rate agreement. The order affirmed the FPSC's prior approval of the 2021 rate agreement and is intended to further document, as requested by the Florida Supreme Court, how the evidence presented led to and supports the FPSC's decision to approve FPL's 2021 rate agreement. In April 2024, Florida Rising, Inc., Environmental Confederation of Southwest Florida, Inc. and League of United Latin American Citizens of Florida (collectively, the appellants) submitted a notice of appeal to the Florida Supreme Court regarding the FPSC's supplemental final order. The Florida Supreme Court issued an order granting FPL's motion to expedite the schedule. Oral arguments were held in October 2024, and the appeal remains pending.

There have been no material changes from the risk factors disclosed in the 2023 Form 10-K.

In April 2024, Florida Rising, Inc., Environmental Confederation of Southwest Florida, Inc. and League of United Latin American Citizens of Florida (collectively, the appellants) submitted a notice of appeal to the Florida Supreme Court regarding the FPSC's supplemental final order.

NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative actions filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023 and March 2024, in the U.S. District Court for the Southern District of Florida in October 2023 and November 2023 (which were consolidated in January 2024) and in the U.S. District Court for the Southern District of Florida in July 2024 seeking unspecified damages allegedly resulting from, among other things, breaches of fiduciary duties and, in the consolidated cases and the July 2024 case, violations of the federal securities laws, all purporting to relate to alleged campaign finance law violations and associated matters.

In September 2023, a participant in the NEE Employee Retirement Savings Plan (Plan), purportedly on behalf of the Plan and all persons who were participants in or beneficiaries of the Plan, at any time between September 25, 2016 and September 25, 2023 (Plan participants), filed a putative ERISA class action lawsuit in the U.S. District Court for the Southern District of Florida against NEE.

NEE, FPL, and certain current and former executives, are the named defendants in a purported shareholder securities class action lawsuit filed in the U.S. District Court for the Southern District of Florida in June 2023 and amended in December 2023 that seeks from the defendants unspecified damages allegedly resulting from alleged false or misleading statements regarding NEE's alleged campaign finance and other political activities.

On May 22, 2024, the 3rd DCA remanded the proceeding to the trial court to be stayed pending the plaintiffs obtaining a decision from the FPSC related to the sufficiency of FPL’s disaster preparedness. On June 7, 2024, the plaintiffs filed a motion for rehearing with the 3rd DCA that is currently pending.

In March 2024, the FPSC issued a supplemental final order regarding FPL's 2021 rate agreement. The order affirmed the FPSC's prior approval of the 2021 rate agreement and is intended to further document, as requested by the Florida Supreme Court, how the evidence presented led to and supports the FPSC's decision to approve FPL's 2021 rate agreement.

There have been no material changes from the risk factors disclosed in the 2023 Form 10-K.

The future results of NextEra Energy and its business and financial condition are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, or may require it to limit or eliminate certain operations.

The Florida Supreme Court issued an order granting FPL's motion to expedite the schedule, and briefing is expected to be concluded by July 1, 2024.

FPL is the defendant in a purported class action lawsuit filed in February 2018 that seeks from FPL unspecified damages for alleged breach of contract and gross negligence based on service interruptions that occurred as a result of Hurricane Irma in 2017. There is currently no trial date set. The Miami-Dade County Circuit Court certified the case as a class action and FPL's appeal of that decision was denied by Florida's Third District Court of Appeal (3rd DCA) in March 2023.

In January 2024, NEE and the plaintiffs in the derivative actions filed in 2023 agreed to a specified stay in these cases.

NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative actions filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023 and March 2024, and in the U.S. District Court for the Southern District of Florida in October 2023 and November 2023 (which were consolidated in January 2024) seeking unspecified damages allegedly resulting from, among other things, breaches of fiduciary duties and, in the consolidated cases, violations of the federal securities laws, all purporting to relate to alleged campaign finance law violations and associated matters.

In September 2023, a participant in the NEE Employee Retirement Savings Plan (Plan), purportedly on behalf of the Plan and all persons who were participants in or beneficiaries of the Plan, at any time between September 25, 2016 and September 25, 2023 (Plan participants), filed a putative ERISA class action lawsuit in the U.S. District Court for the Southern District of Florida against NEE. The complaint alleges that NEE violated its fiduciary duties under the Plan by permitting a third-party administrative recordkeeper to charge allegedly excessive fees for the services provided and allegedly by allowing a large volume of plan assets to be invested in NEE common stock.

NEE, FPL, and certain current and former executives, are the named defendants in a purported shareholder securities class action lawsuit filed in the U.S. District Court for the Southern District of Florida in June 2023 and amended in December 2023 that seeks from the defendants unspecified damages allegedly resulting from alleged false or misleading statements regarding NEE's alleged campaign finance and other political activities. The alleged class of plaintiffs are all persons or entities who purchased or otherwise acquired NEE securities between December 2, 2021 and January 30, 2023.

Oral argument regarding FPL's motion for rehearing is scheduled for April 24, 2024.

In March 2024, the FPSC issued a supplemental final order regarding FPL's 2021 rate agreement. The order affirmed the FPSC's prior approval of the 2021 rate agreement and is intended to further document, as requested by the Florida Supreme Court, how the evidence presented led to and supports the FPSC's decision to approve FPL's 2021 rate agreement.

In April 2024, Florida Rising, Inc., Environmental Confederation of Southwest Florida, Inc. and League of United Latin American Citizens of Florida submitted a notice of appeal to the Florida Supreme Court regarding the FPSC's supplemental final order.

NEE, FPL, and certain current and former executives, are the named defendants in a purported shareholder securities class action lawsuit filed in the U.S. District Court for the Southern District of Florida in June 2023 and amended in December 2023 that seeks from the defendants unspecified damages allegedly resulting from alleged false or misleading statements regarding NEE's alleged campaign finance and other political activities.

NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative actions filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023, and in the U.S. District Court for the Southern District of Florida in October 2023 and November 2023 (which were consolidated in January 2024) seeking unspecified damages allegedly resulting from, among other things, breaches of fiduciary duties and, in the consolidated cases, violations of the federal securities laws, all purporting to relate to alleged campaign finance law violations and associated matters.

FPL is the defendant in a purported class action lawsuit filed in February 2018 that seeks from FPL unspecified damages for alleged breach of contract and gross negligence based on service interruptions that occurred as a result of Hurricane Irma in 2017.

In September 2023, a participant in the NEE Employee Retirement Savings Plan (Plan), purportedly on behalf of the Plan and all persons who were participants in or beneficiaries of the Plan, at any time between September 25, 2016 and September 25, 2023 (Plan participants), filed a putative ERISA class action lawsuit in the U.S. District Court for the Southern District of Florida against NEE.

NEE and FPL are subject to credit and performance risk from customers, hedging counterparties and vendors.

Any reductions or modifications to, or the elimination of, governmental incentives or policies that support renewable energy, such as the IRA, or the imposition of additional taxes, tariffs, duties or other assessments on renewable energy or the equipment necessary to generate or deliver it, such as policies in place that limit certain imports from China and other Southeast Asian countries, could result in, among other items, the lack of a satisfactory market for the development and/or financing of new renewable energy projects, NEE and FPL abandoning the development of renewable energy projects, a loss of investments in the projects and reduced project returns, any of which could have a material adverse effect on NEE and FPL's business, financial condition, results of operations and prospects.

Weather conditions directly influence the demand for electricity and natural gas and other fuels and affect the price of energy and energy-related commodities.

There can be significant volatility in market prices for fuel, electricity and renewable and other energy commodities, both in general and across geographies.

There have been cyberattacks and other physical attacks within the energy industry on energy infrastructure such as substations, gas pipelines and related assets in the past and there may be such attacks in the future.

The FPSC has the authority to disallow recovery by FPL of costs that it considers excessive or imprudently incurred, including those incurred to transition to lower carbon emission technology, and to determine the level of return that FPL is permitted to earn on invested capital.

The operations of NEE and FPL are subject to complex and comprehensive federal, state and other regulation.

NEE's and FPL's nuclear generation facilities are subject to environmental, health and financial risks, including, but not limited to, those relating to site storage of spent nuclear fuel, the disposition of spent nuclear fuel, leakage and emissions of tritium and other radioactive elements in the event of a nuclear accident or otherwise, the threat of a terrorist attack or cyber incident and other potential liabilities arising out of the ownership or operation of the facilities.

There are significant capital, operating and other costs associated with compliance with these environmental statutes, rules and regulations, and those costs could be even more significant in the future as a result of new requirements, stricter or more expansive application of existing environmental laws and regulations, and the addition of species, such as additional bat species, to the endangered species list.

Disruptions, uncertainty or volatility in those capital and credit markets, related to, among others, inflation, rising or sustained higher interest rates and geopolitical events, could increase NEE's and FPL's cost of capital and affect their ability to fund their liquidity and capital needs, to refinance existing indebtedness and to meet their growth objectives.

NEE, along with certain current and former executives and directors are the named defendants in purported shareholder derivative action lawsuits filed in the 15th Judicial Circuit in Palm Beach County, Florida in July 2023 and in the U.S. District Court for the Southern District of Florida in October 2023 that seek from the defendants unspecified damages allegedly resulting from, among other things, breaches of fiduciary duties and, in the latter case, violations of the federal securities laws, all purporting to relate to alleged campaign finance law violations and associated matters.

FPL is the defendant in a purported class action lawsuit filed in February 2018 that seeks from FPL unspecified damages for alleged breach of contract and gross negligence based on service interruptions that occurred as a result of Hurricane Irma in 2017.

On September 28, 2023, the Florida Supreme Court ruled on the appeal of the FPSC’s final order regarding FPL’s 2021 rate agreement by Floridians Against Increased Rates, Inc. and, as a group, Florida Rising, Inc., Environmental Confederation of Southwest Florida, Inc. and League of United Latin American Citizens of Florida. The ruling remands the FPSC's order back to the FPSC.

NEE, along with certain current and former executives, are the named defendants in a purported shareholder securities class action lawsuit filed in the U.S. District Court for the Southern District of Florida in June 2023 that seeks from the defendants unspecified damages allegedly resulting from alleged lack of disclosures and misstatements regarding NEE's legal and reputational risk related to campaign finance allegations and other political activities.

There have been no material changes from the risk factors disclosed in the 2022 Form 10-K.

AMIN A. MOHOMED Amin A. Mohomed Vice President, FPL Accounting and Controller

It has appointed Deloitte & Touche LLP (“Deloitte & Touche”) as the independent registered public accounting firm for the fiscal year ending December 31, 2026 to audit the accounts of the Company and its subsidiaries, as well as to provide its opinion on the effectiveness of the Company’s internal controls over financial reporting.

The Board unanimously recommends a vote FOR ratification of appointment of Deloitte & Touche LLP as NextEra Energy’s independent registered public accounting firm for 2026.

Based on its review, the Board determined that Nicole S. Arnaboldi, James L. Camaren, Naren K. Gursahaney, Kirk S. Hachigian, Maria G. Henry, Amy B. Lane, Geoffrey S. Martha, David L. Porges, Dev Stahlkopf, John A. Stall and Darryl L. Wilson, constituting all 11 non-employee directors, are independent under the NYSE standards and the Governance Guidelines.

The Board is currently composed of 12 members. Upon the recommendation of the Governance & Nominating Committee, the Board has nominated each of the 12 incumbent members listed below for election as directors at the 2026 annual meeting.

Chief executive officer (“CEO”) is the only non-independent director

Effective January 1, 2026, non-employee directors of NextEra Energy received an annual cash retainer of $145,000 plus a number of shares of NextEra Energy common stock determined by dividing $195,000 by the closing price of NextEra Energy common stock on the grant date, rounded up to the nearest ten shares.

Financial and operational performance supported an initial 198% payout under our performance share award program; however, this was reduced by 20% to 158% of target based on relative TSR performance

Strong 2025 results across adjusted EPS growth, adjusted ROE, and operational goals resulted in a 189% corporate scorecard achievement

Mr. Ketchum has been president and chief executive officer and a director of NextEra Energy since March 2022 and chairman of the Board since July 2022.

Mr. Pimentel was rehired on January 25, 2023, and appointed president and chief executive officer of FPL effective February 15, 2023; effective December 1, 2025, he was appointed chief executive officer of FPL.

Mr. Crews served as executive vice president, finance and chief financial officer of NextEra Energy and FPL until May 6, 2024, and thereafter as executive vice president, chief risk officer of NextEra Energy until his resignation effective March 20, 2026.

Effective May 22, 2025, Mrs. Kujawa retired from her position as president and chief executive officer of NextEra Energy Resources, Mr. Bolster, who previously served as executive vice president, finance and chief financial officer of NextEra Energy and FPL, was appointed president and chief executive officer of NextEra Energy Resources, and Mr. Dunne was appointed executive vice president, finance and chief financial officer of NextEra Energy and FPL.

BlackRock provided investment management services to the NextEra Energy, Inc. Employee Pension Plan and the Employee Retirement Savings Plan, money market fund management services to NextEra Energy subsidiaries, investment services to the decommissioning trust funds for the Duane Arnold and Point Beach nuclear plants and cash management fees; it received fees of approximately $1.0 million for such services in 2025

In determining that Mr. Camaren is independent, the Board considered that a NextEra Energy Subsidiary has employed Mr. Camaren’s son-in-law since 2021 in a non-executive business role, for total compensation in 2025 of approximately $230,000.

Vanguard provided investment management and administrative services to the NextEra Energy, Inc. Employee Retirement Savings Plan and received fees of approximately $1.2 million for such services in 2025.

State Street provided investment management and administrative services to the NextEra Energy, Inc. Employee Pension Plan and Employee Retirement Savings Plan and investment services to the decommissioning trust funds for FPL, Duane Arnold, Point Beach and Seabrook nuclear plants; it received fees of approximately $0.7 million for such services in 2025

in order to accept a chief financial officer position with another company

(b) On March 5, 2026, Terrell Kirk Crews II, Executive Vice President and Chief Risk Officer, of NextEra, Inc. (NEE) notified NEE of his decision to resign effective March 20, 2026 in order to accept a chief financial officer position with another company.

We have served as NEE’s and FPL’s auditor since 1950.

In our opinion, NEE and FPL maintained, in all material respects, effective internal control over financial reporting as of December 31, 2025, based on criteria established in Internal Control – Integrated Framework (2013) issued by COSO.

In our opinion, the financial statements present fairly, in all material respects, the consolidated financial position of NEE and FPL as of December 31, 2025 and 2024, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.

NEE's and FPL's independent registered public accounting firm, Deloitte & Touche LLP, is engaged to express an opinion on NEE's and FPL's consolidated financial statements and an opinion on NEE's and FPL's internal control over financial reporting.

Scott Bores 44 President of FPL December 1, 2025

John W. Ketchum 55 Chairman, President and Chief Executive Officer of NEE Chairman of FPL July 29, 2022 February 15, 2023

Brian W. Bolster 53 President and Chief Executive Officer of NextEra Energy Resources May 22, 2025

Armando Pimentel, Jr. 63 Chief Executive Officer of FPL February 15, 2023

NextEra Energy Resources operates essentially all of the energy projects owned by XPLR and provides services to XPLR under various related party operations and maintenance, administrative and management services agreements (service agreements).

Under these service agreements, NextEra Energy Resources incurred costs of approximately $1,387 million, $255 million and $141 million for the years ended December 31, 2025, 2024 and 2023, respectively, primarily in connection with wind repowering, which have been or will be reimbursed by XPLR.

Includes approximately $425 million, $430 million, $430 million, $425 million, $425 million and $4,540 million in 2026 through 2030 and thereafter, respectively, of firm commitments related to natural gas transportation agreements with affiliates.

Charges for these services amounted to approximately $928 million, $749 million and $656 million for the years ended December 31, 2025, 2024 and 2023, respectively.

NEECH or NextEra Energy Resources guaranteed or provided indemnifications, letters of credit or surety bonds totaling approximately $1.8 billion as of December 31, 2025 primarily related to obligations on behalf of XPLR's subsidiaries with maturity dates ranging from 2026 to 2063, including certain project performance obligations and obligations under financing and interconnection agreements.

Certain services, primarily engineering, construction, transportation, storage and maintenance services, are provided to subsidiaries of NEE by related parties that NEE accounts for under the equity method of accounting.

William J. Gough Vice President, Controller and Chief Accounting Officer

NEE's shareholders ratified the appointment of Deloitte & Touche LLP as NEE's independent registered public accounting firm for 2025, as set forth below:

NEE's shareholders elected each of the twelve nominees to the Board for a one-year term, as set forth below:

NEE's shareholders approved, by non-binding advisory vote, NEE's compensation of its named executive officers as disclosed in the Proxy Statement, as set forth below:

The Audit Committee appoints the Company’s independent registered public accounting firm. It has appointed Deloitte & Touche LLP (“Deloitte & Touche”) as the independent registered public accounting firm for the fiscal year ending December 31, 2025 to audit the accounts of the Company and its subsidiaries, as well as to provide its opinion on the effectiveness of the Company’s internal controls over financial reporting.

The Board unanimously recommends a vote FOR ratification of appointment of Deloitte & Touche LLP as NextEra Energy’s independent registered public accounting firm for 2025.

Chief executive officer (“CEO”) is the only non-independent director

Amy B. Lane currently serves as the Lead Director, having been appointed initially in May 2024.

11 of 12 director nominees are independent

The Lead Director receives an annual retainer of $40,000

The Board is currently composed of 12 members. Upon the recommendation of the Governance & Nominating Committee, the Board has nominated each of the 12 incumbent members listed below for election as directors at the 2025 annual meeting.

Effective January 1, 2025, non-employee directors of NextEra Energy received an annual cash retainer of $145,000 plus a number of shares of NextEra Energy common stock determined by dividing $185,000 by the closing price of NextEra Energy common stock on the grant date, rounded up to the nearest ten shares.

During 2023 and 2024, our PEO was Mr. Ketchum.

During 2024, our non-PEO NEOs consisted of Mr. Bolster, Mrs. Kujawa, Mr. Pimentel, Mr. Sieving and Mr. Crews.

Mrs. Kujawa has retired from her position as president and chief executive officer of NextEra Energy Resources, Mr. Bolster has been appointed president and chief executive officer of NextEra Energy Resources, and Michael Dunne has been appointed executive vice president, finance and chief financial officer, NextEra Energy and FPL; all effective May 22, 2025.

Effective May 6, 2024, Mr. Bolster was appointed executive vice president, finance and chief financial officer, NextEra Energy and FPL, and Mr. Crews was appointed executive vice president, chief risk officer, NextEra Energy.

State Street provided investment management and administrative services to the NextEra Energy, Inc. Employee Pension Plan and Employee Retirement Savings Plan and investment services to the decommissioning trust funds for FPL, Duane Arnold, Point Beach and Seabrook nuclear plants; it received fees of approximately $0.7 million for such services in 2024; and

During 2024, the adult son-in-law of Mr. James L. Camaren was employed as a senior financial analyst in the Company’s Financial Planning and Analysis Group. His total compensation for 2024 was approximately $215,000 and he was eligible for Company benefits available to all other employees in a similar position.

Transactions and series of transactions exceeding $120,000 in any fiscal year involving the Company and in which any related person has a direct or indirect material interest are governed by the Policy (“Related Person Transactions”).

BlackRock provided investment management services to the NextEra Energy, Inc. Employee Pension Plan and the Employee Retirement Savings Plan, money market fund management services to NextEra Energy subsidiaries, investment services to the decommissioning trust funds for the Duane Arnold and Point Beach nuclear plants and cash management fees; it received fees of approximately $1.1 million for such services in 2024;

Vanguard provided investment management and administrative services to the NextEra Energy, Inc. Employee Retirement Savings Plan and received fees of approximately $1.1 million for such services in 2024.

For Mr. Dunne, 50% of the target amount is in the form of performance share awards that will vest fully on December 31, 2027, 14% is in the form of non-qualified stock options that will vest ratably over three years, and 31% is in the form of restricted stock that will vest ratably over three years, all issued pursuant to the NEE 2021 Long Term Incentive Plan (NEE LTIP), and 5% of the target amount is in the form of XPLR Infrastructure, LP restricted common units issued pursuant to the XPLR Infrastructure, LP 2024 Long Term Incentive Plan.

For Mr. Gough, 30% of the target amount is in the form of performance share awards that will vest fully on December 31, 2027, 20% is in the form of non-qualified stock options that will vest ratably over three years, and 50% is in the form of restricted stock that will vest ratably over three years, all issued pursuant to the NEE LTIP.

Mr. Gough, age 38, has served as Vice President, Financial Planning and Analysis of NEE since October 2024.

Mr. Dunne, age 49, has served as Treasurer of NEE and FPL and Assistant Secretary of NEE since January 2023.

The 2025 equity compensation awards for Mr. Dunne is in the target amount of $2,555,000 and for Mr. Gough is $341,700, with the mix of such equity compensation awards being as follows:

Effective March 17, 2025, Mr. Dunne’s annual base salary is $850,000 and his annual incentive plan target is 70% of base salary and Mr. Gough’s annual base salary is $385,000 and his annual incentive plan target is 45% of base salary.

On March 14, 2025, William J. Gough, Vice President, Financial Planning and Analysis of NEE, was appointed to succeed Mr. May as Vice President, Controller and Chief Accounting Officer of NEE effective May 22, 2025.

On March 14, 2025, Brian W. Bolster, Executive Vice President, Finance and Chief Financial Officer of NEE and Florida Power & Light Company (FPL), resigned from those positions effective May 22, 2025 and was appointed President and Chief Executive Officer of NEER to succeed Ms. Kujawa effective May 22, 2025.

On March 14, 2025, James M. May, Vice President, Controller and Chief Accounting Officer of NEE, resigned from those positions effective May 22, 2025 and was appointed to serve as Treasurer of NEE and FPL and Assistant Secretary of NEE effective May 22, 2025.

On March 12, 2025, Rebecca Kujawa, President and Chief Executive Officer of NextEra Energy Resources, LLC (NEER), a subsidiary of NextEra Energy, Inc. (NEE), notified NEE that she plans to retire from those positions effective May 22, 2025 as part of a planned leadership succession process.

On March 14, 2025, Michael H. Dunne, Treasurer of NEE and FPL and Assistant Secretary of NEE, was appointed to succeed Mr. Bolster as Executive Vice President, Finance and Chief Financial Officer of NEE and FPL effective May 22, 2025.

NEE's and FPL's independent registered public accounting firm, Deloitte & Touche LLP, is engaged to express an opinion on NEE's and FPL's consolidated financial statements and an opinion on NEE's and FPL's internal control over financial reporting.

During 2024, 2023 and 2022, certain services, primarily engineering, construction, transportation, storage and maintenance services, were provided to subsidiaries of NEE by related parties that NEE accounts for under the equity method of accounting. Charges for these services amounted to approximately $749 million, $656 million and $579 million for the years ended December 31, 2024, 2023 and 2022, respectively.

Includes approximately $405 million, $400 million, $400 million, $400 million, $395 million and $4,765 million in 2025 through 2029 and thereafter, respectively, of firm commitments related to natural gas transportation agreements with affiliates.

Fee income related to the CSCS agreement and the service agreements totaled approximately $18 million, $59 million and $174 million for the years ended December 31, 2024, 2023 and 2022, respectively

On July 9, 2024, NextEra Energy, Inc.’s (NEE) Board of Directors (Board) approved an increase in the size of the Board from eleven to twelve members and, upon the recommendation of the Governance & Nominating Committee of the Board, appointed Geoffrey S. Martha to fill the newly created directorship.

In addition, on the same date, the Board approved the appointment of Mr. Martha to the Finance & Investment Committee of the Board.

In 2024, the compensation consists of an annual cash retainer of $145,000, which amount for Mr. Martha will be prorated for 2024 based on the date of his appointment to the Board, plus an equity retainer equal to a number of shares of NEE common stock, prorated on the same basis as the cash retainer, granted under the NEE long term incentive plan and determined by dividing $185,000 by the closing price of the common stock as reported on the NYSE on the grant date, rounded up to the nearest ten shares.

Mr. Martha will receive compensation for his service as a director consistent with the compensation paid to the other non-employee directors of NEE as described in NEE’s definitive proxy statement on Schedule 14A for NEE’s 2024 Annual Meeting of Shareholders, filed with the Securities and Exchange Commission on April 1, 2024.

NEE's shareholders ratified the appointment of Deloitte & Touche LLP as NEE's independent registered public accounting firm for 2024, as set forth below:

NEE's shareholders elected each of the eleven nominees to the Board for a one-year term, as set forth below:

Mr. Bolster, age 52, served until May 2024 with Goldman Sachs & Co. LLC, a global investment banking, securities and investment management firm (GS), in a number of positions of increasing responsibility over nearly 25 years. Most recently, Mr. Bolster served with GS as Partner Managing Director, Head of Natural Resources Investment Banking (Americas), a position which he held from September 2020 until his departure. Prior to that service, Mr. Bolster served with GS as Partner Managing Director, Global Co-Head of Power, Utility and Infrastructure Investment Banking (Americas) for several years ended September 2020.

Effective May 6, 2024, Mr. Bolster’s base salary is payable at an annual rate of $950,000 and his annual incentive plan target is 70% of his base salary. Mr. Bolster also received equity compensation awards for 2024 issued pursuant to the NextEra Energy, Inc. 2021 Long Term Incentive Plan and having a target grant date value of $3,400,000, with the following mix: 60% of the target amount is in the form of a performance share award that will vest fully on December 31, 2026; 20% is in the form of performance-based restricted stock that will vest ratably over three years commencing as of May 6, 2024; and 20% is in the form of non-qualified stock options that will vest ratably over three years commencing as of May 6, 2024.

To induce Mr. Bolster to join NEE [and to offset a portion of forgone compensation from his prior employer], Mr. Bolster also received a sign-on bonus consisting of a $1,500,000 cash payment that is subject to repayment if Mr. Bolster’s employment by NEE terminates during the 36-month period following May 6, 2024 and a performance-based restricted stock award having a grant date value of $1,500,000 that vests on May 6, 2027, subject to Mr. Bolster’s continued employment by NEE until that date.

Effective May 6, 2024, Mr. Bolster was appointed Executive Vice President, Finance and Chief Financial Officer of Florida Power & Light Company (FPL) to succeed Mr. Crews in those positions. In such capacities, Mr. Bolster will serve as FPL's principal financial officer.

Effective May 6, 2024, T. Kirk Crews II was appointed to the new role of Executive Vice President and Chief Risk Officer of NextEra Energy, Inc. (NEE) in a transition from his prior positions as Executive Vice President, Finance and Chief Financial Officer of NEE, in which he had served as NEE's principal financial officer until May 6, 2024.

Effective May 6, 2024, Brian W. Bolster was appointed Executive Vice President, Finance and Chief Financial Officer of NEE to succeed Mr. Crews in those positions. In such capacities, Mr. Bolster will serve as NEE’s principal financial officer.

On March 1, 2024, Charles E. Sieving, Executive Vice President, Chief Legal, Environmental and Federal Regulatory Affairs Officer of NEE, adopted a Rule 10b5-1 trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of 154,411 shares of NEE's common stock until December 31, 2024.

On February 5, 2024, Armando Pimentel, Jr., President and Chief Executive Officer of FPL, adopted a Rule 10b5-1 trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of 99,412 shares of NEE's common stock until January 31, 2025.

It has appointed Deloitte & Touche LLP (“Deloitte & Touche”) as the independent registered public accounting firm for the fiscal year ending December 31, 2024 to audit the accounts of the Company and its subsidiaries, as well as to provide its opinion on the effectiveness of the Company’s internal controls over financial reporting.

The Audit Committee has determined that the non-audit services provided by Deloitte & Touche during 2023 and 2022 were compatible with maintaining that firm’s independence.

all services performed by Deloitte & Touche are approved in advance by the Audit Committee.

The Board unanimously recommends a vote FOR ratification of appointment of Deloitte & Touche LLP as NextEra Energy’s independent registered public accounting firm for 2024.

Sherry S. Barrat currently serves as the Lead Director, having been appointed initially in May 2020 and reappointed in May 2022 in order to promote an effective and orderly CEO succession and transition. Mrs. Barrat is not standing for re-election having reached retirement age. The Governance & Nominating Committee has recommended that the Board appoint Ms. Lane to succeed Mrs. Barrat as the Lead Director upon Mrs. Barrat’s retirement on the date of the annual meeting, and the Board will act upon that recommendation no later than the annual meeting date.

The Board unanimously recommends a vote FOR the election of all nominees.

The Board is currently composed of 13 members. Two members of the Board, Sherry S. Barrat and Kenneth B. Dunn, having reached their respective retirement ages, will retire from the Board. Upon the recommendation of the Governance & Nominating Committee, the Board has nominated the 11 other incumbent members listed below for election as directors at the 2024 annual meeting.

The Board met fourteen times in 2023. Each current director attended at least 98% of the total number of Board meetings and meetings of the committees on which he or she served during 2023.

Based on its review, the Board determined that Nicole S. Arnaboldi, Sherry S. Barrat, James L. Camaren, Kenneth B. Dunn, Naren K. Gursahaney, Kirk S. Hachigian, Maria G. Henry, Amy B. Lane, David L. Porges, Dev Stahlkopf, John A. Stall and Darryl L. Wilson, constituting all 12 non-employee directors, are independent under the NYSE standards and the Governance Guidelines.

Armando Pimentel, Jr., President and Chief Executive Officer of FPL

Rebecca J. Kujawa, President and Chief Executive Officer of NextEra Energy Resources

Charles E. Sieving, Executive Vice President, Chief Legal, Environmental and Federal Regulatory Affairs Officer of NextEra Energy and Executive Vice President of FPL

Terrell Kirk Crews II, Executive Vice President, Finance and Chief Financial Officer of NextEra Energy and FPL

John W. Ketchum(2), Chairman, President and CEO of NextEra Energy and Chairman of FPL

Effective March 1, 2022, Mr. Ketchum was appointed President and Chief Executive Officer of NextEra Energy, Mrs. Kujawa was appointed President and Chief Executive Officer of NextEra Energy Resources and Mr. Crews was appointed Executive Vice President, Finance and Chief Financial Officer of NextEra Energy and FPL. Mr. Ketchum previously served as President and Chief Executive Officer of NextEra Energy Resources. Mrs. Kujawa previously served as Executive Vice President, Finance and Chief Financial Officer of NextEra Energy and FPL. Mr. Crews previously served as Vice President, Business Management of NextEra Energy Resources. Mr. Ketchum was appointed Chairman of FPL on February 15, 2023. Mr. Pimentel was appointed President and Chief Executive Officer of FPL on February 15, 2023. Mr. Sieving previously served as Executive Vice President and General Counsel of NextEra Energy and was appointed Executive Vice President, Chief Legal, Environmental and Federal Regulatory Affairs Officer on May 18, 2023.

During 2023, the husband of Mrs. Nicole Daggs, a Company officer, was a partner in the law firm of Heise Suarez Melville, PA (“Heise”) and Company subsidiaries paid Heise approximately $1.1 million for legal services related to litigation matters.

Transactions and series of transactions exceeding $120,000 in any fiscal year involving the Company and in which any Related Person has a direct or indirect material interest are governed by the Policy.

During 2023, the adult son-in-law of Mr. James L. Camaren was employed as a Sr. Financial Analyst in the Company’s Financial Planning and Analysis Group. His total compensation for 2023 was approximately $159,000 and he was eligible for Company benefits available to all other employees in a similar position.

» BlackRock provided investment management services to the NextEra Energy, Inc. Employee Pension Plan and the Employee Retirement Savings Plan, money market fund management services to NextEra Energy subsidiaries, investment services to the decommissioning trust funds for the Duane Arnold and Point Beach nuclear plants and cash management fees; it received fees of approximately $1.0 million for such services in 2023; ​ » State Street provided investment management and administrative services to the NextEra Energy, Inc. Employee Pension Plan and Employee Retirement Savings Plan and investment services to the decommissioning trust funds for FPL, Duane Arnold, Point Beach and Seabrook nuclear plants; it received fees of approximately $0.6 million for such services in 2023; and ​ » Vanguard provided investment management and administrative services to the NextEra Energy, Inc. Employee Retirement Savings Plan and received fees of approximately $0.9 million for such services in 2023.

During 2023, the adult brother-in-law of Mr. Michael Dunne, a Company officer, was a partner in the law firm of Kirkland & Ellis LLP (“Kirkland & Ellis”) and a Company subsidiary paid Kirkland & Ellis approximately $0.2 million for legal services in connection with real estate and environmental matters and legal disputes regarding transmission assets.

In our opinion, the financial statements present fairly, in all material respects, the consolidated financial position of NEE and the consolidated financial position of FPL as of December 31, 2023 and 2022, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2023, in conformity with accounting principles generally accepted in the United States of America.

NEE's and FPL's independent registered public accounting firm, Deloitte & Touche LLP, is engaged to express an opinion on NEE's and FPL's consolidated financial statements and an opinion on NEE's and FPL's internal control over financial reporting.

During 2023, 2022 and 2021, certain services, primarily engineering, construction, transportation, storage and maintenance services, were provided to subsidiaries of NEE by related parties that NEE accounts for under the equity method of accounting. Charges for these services amounted to approximately $656 million, $579 million and $691 million for the years ended December 31, 2023, 2022 and 2021, respectively.

At December 31, 2023 and 2022, the cash sweep amounts (due to NEP and its subsidiaries) held in accounts belonging to NextEra Energy Resources or its subsidiaries were approximately $1,511 million and $298 million, respectively, and are included in accounts payable.

NEER operates essentially all of the energy projects owned by NEP and provides services to NEP under various related party operations and maintenance, administrative and management services agreements (service agreements).

NextEra Energy Resources' indirect limited partnership interest in NEP OpCo based on the number of outstanding NEP OpCo common units was approximately 51.4% at December 31, 2023.

NextEra Energy Resources is also party to a cash sweep and credit support (CSCS) agreement with a subsidiary of NEP.

(b) On November 14, 2023, Deborah H. Caplan, Executive Vice President, Human Resources and Corporate Services of NextEra Energy, Inc. (Company) and Florida Power & Light Company, notified the Company that she plans to retire effective March 1, 2024.

NEE has an approximately 52.5% noncontrolling interest in XPLR, primarily through its limited partner interest in XPLR OpCo, and accounts for its ownership interest in XPLR as an equity method investment.

NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE)

As of March 25, 2025, all directors, director nominees and executive officers as a group beneficially owned less than 1% of NextEra Energy common stock.

State Street Corporation(3) State Street Financial Center One Lincoln Street Boston, MA 02111 ​ ​ ​ ​ 116,304,947 ​ ​ ​ ​ ​ 5.75%

BlackRock, Inc.(2) 55 East 52nd Street New York, NY 10055 ​ ​ ​ ​ 151,490,645 ​ ​ ​ ​ ​ 7.4%

directors are required to own NextEra Energy common stock in an amount equal to seven times the annual cash retainer within six years after their initial election to the Board.

The Vanguard Group(1) 100 Vanguard Blvd. Malvern, PA 19355 ​ ​ ​ ​ 206,984,080 ​ ​ ​ ​ ​ 10.1%

At December 31, 2024, NEE had an approximately 52.6% noncontrolling interest in XPLR, primarily through its limited partner interest in XPLR OpCo.

As of March 26, 2024, all directors, director nominees and executive officers as a group beneficially owned less than 1% of NextEra Energy common stock. No shares are pledged as security.

The Vanguard Group(1) 100 Vanguard Blvd. Malvern, PA 19355 ​ ​ ​ ​ 198,664,863 ​ ​ ​ ​ ​ 9.7% ​ ​ ​ BlackRock, Inc.(2) 55 East 52nd Street New York, NY 10055 ​ ​ ​ ​ 151,490,645 ​ ​ ​ ​ ​ 7.4% ​ ​ ​ State Street Corporation(3) State Street Financial Center One Lincoln Street Boston, MA 02111 ​ ​ ​ ​ 116,304,947 ​ ​ ​ ​ ​ 5.75%

its subsidiary, NextEra Energy Capital Holdings, Inc. (NEECH)

NEECH, a wholly owned subsidiary of NEE, owns and provides funding for NEE's operating subsidiaries, other than FPL and its subsidiaries.

NEP, an affiliate of NextEra Energy Resources, acquires, manages and owns contracted clean energy assets with stable, long-term cash flows.

A copy of the news release is attached as Exhibit 99, which is incorporated herein by reference.

(ii) an agreed-upon award of attorneys’ fees and expenses to counsel for the shareholders (including any service awards to be paid solely from the agreed-upon fee and expense amount)

whether to approve (i) the terms of a proposed derivative settlement that would resolve the Davidson action and certain related derivative actions and shareholder demands as fair, reasonable, and adequate

The Court’s Order also directed that notice be given to NextEra Energy Inc.’s shareholders concerning the proposed settlement and their right to be heard in connection with the Settlement Hearing.

for December 14, 2026 at 3:00 p.m.

99.1 Notice of Pendency and Proposed Settlement of Derivative Actions 99.2 Revised Stipulation and Agreement of Settlement dated July 29, 2026

additional information concerning the proposed settlement, the Settlement Hearing and the requirements for objections to the proposed settlement can be found in the (a) Notice of Pendency and Proposed Settlement of Derivative Actions and (b) Revised Stipulation and Agreement of Settlement and its exhibits, filed herewith as Exhibits 99.1 and 99.2, respectively

on May 15, 2026, NextEra Energy, Inc., a Florida corporation (NEE), WG Development Corp., a Virginia corporation and direct wholly owned subsidiary of NEE, CS Holdco, LLC, a Virginia limited liability company and direct wholly owned subsidiary of NEE, and Dominion Energy, Inc., a Virginia corporation (Dominion Energy), entered into an Agreement and Plan of Merger (the Merger Agreement)

On September 14, 2026, NEE and Dominion Energy issued a joint press release announcing an enhanced Virginia benefits package in connection with the Merger Agreement.

Copies of the press release and stakeholder presentation are attached as Exhibit 99.1 and Exhibit 99.2 to this Report, respectively, and are incorporated by reference herein.

Agreement and Plan of Merger, dated as of May 15, 2026, by and among NEE, Dominion Energy, WG Development Corp., a Virginia corporation and direct wholly owned subsidiary of NEE, and CS Holdco, LLC, a Virginia limited liability company and direct wholly owned subsidiary of NEE

NEE's shareholders approved, as set forth below, the issuance of shares of NEE common stock to shareholders of Dominion Energy in the first merger, pursuant to the terms of the Agreement and Plan of Merger, dated as of May 15, 2026, by and among NEE, Dominion Energy, WG Development Corp., a Virginia corporation and direct wholly owned subsidiary of NEE, and CS Holdco, LLC, a Virginia limited liability company and direct wholly owned subsidiary of NEE (as that agreement may be amended from time to time, the “merger agreement”), and the first plan of merger: FOR % VOTES CAST FOR AGAINST ABSTENTIONS BROKER NON-VOTES 1,612,635,616 99.47% 8,545,037 3,850,294 —

NEE's shareholders approved, as set forth below, the proposal to adjourn the 2026 Special Meeting to a later date or time, if necessary or appropriate, (i) if there are not sufficient votes at the time of the 2026 Special Meeting to approve the NEE share issuance proposal in order to solicit additional proxies, (ii) as required by law or (iii) in the event that Dominion Energy postpones the Dominion Energy special meeting pursuant to the terms of the merger agreement, NEE shall, upon the reasonable request of Dominion Energy, postpone or adjourn the 2026 Special Meeting once for up to 30 days so that the special meetings may occur on the same calendar day: FOR % VOTES CAST FOR AGAINST ABSTENTIONS BROKER NON-VOTES 1,498,123,156 92.33% 124,314,270 2,593,521 —

NEE's shareholders approved, as set forth below, an amendment to NEE’s articles of incorporation to increase the number of authorized shares of NEE common stock from 3,200,000,000 shares to 5,000,000,000 shares, as described in the Joint Proxy Statement and as reflected in the form of Articles of Amendment to Second Restated Articles of Incorporation of NEE: FOR % VOTES CAST FOR AGAINST ABSTENTIONS BROKER NON-VOTES 1,606,841,941 99.02% 15,832,955 2,356,051 —

A total of 1,625,030,947 shares of NEE common stock were represented in person or by proxy at the 2026 Special Meeting, which constituted a quorum to conduct business at the meeting.

NextEra Energy, Inc. (NEE) held a special meeting of shareholders (2026 Special Meeting) on September 3, 2026, in connection with its previously announced pending merger with Dominion Energy, Inc. (Dominion Energy).

At the 2026 Special Meeting, NEE’s shareholders approved three management proposals.

As of the close of business on July 24, 2026, the record date for the 2026 Special Meeting, there were 2,085,978,209 shares of NEE common stock, par value $0.01 per share (NEE common stock), issued and outstanding.

The proposals are described in detail in the joint proxy statement/prospectus (Joint Proxy Statement), filed with the Securities and Exchange Commission on July 28, 2026.

On March 27, 2026, the Non-Disclosure and Standstill Agreement with Party A was executed, which included a standstill restriction on Party A that automatically expired upon Dominion Energy’s entry into a definitive agreement.

on May 15, 2026, NextEra Energy, Inc., a Florida corporation (“NextEra Energy”), WG Development Corp., a Virginia corporation and direct wholly owned subsidiary of NextEra Energy (“Merger Sub Corp”), CS Holdco, LLC, a Virginia limited liability company and direct wholly owned subsidiary of NextEra Energy (“LLC Sub”), and Dominion Energy, Inc., a Virginia corporation (“Dominion Energy”), entered into an Agreement and Plan of Merger (the “Merger Agreement”)

(i) Merger Sub Corp will merge with and into Dominion Energy, with Dominion Energy as the surviving corporation (the “Surviving Corporation”) and a wholly owned subsidiary of NextEra Energy (the “First Merger”), and (ii) immediately following the First Merger, the Surviving Corporation intends to merge with and into LLC Sub, with LLC Sub as the surviving entity (the “Surviving Entity”) and a wholly owned subsidiary of NextEra Energy (the “Second Merger” and, together with the First Merger, the “Mergers”)

On July 9, 2026, NextEra Energy filed a registration statement on Form S-4 (No. 333-297351) (the “Registration Statement”), which contained a preliminary prospectus of NextEra Energy and a preliminary joint proxy statement of NextEra Energy and Dominion Energy. The Registration Statement was declared effective by the SEC on July 23, 2026. NextEra Energy filed with the SEC the definitive joint proxy statement/prospectus (the “joint proxy statement/prospectus”) on July 28, 2026

Consummation of the First Merger remains subject to the satisfaction or waiver of certain closing conditions specified in the Merger Agreement.

calculated as the exchange ratio of 0.8138 multiplied by the closing price of NextEra Energy common stock on May 15, 2026, plus an implied $0.41 per share in cash consideration

in order to moot these disclosure claims, to avoid nuisance, cost and distraction, and to preclude any efforts to delay the closing of the Mergers, and without admitting any liability or wrongdoing, NextEra Energy is voluntarily supplementing the joint proxy statement/prospectus with the supplemental disclosures set forth below (the “Supplemental Disclosures”).

The First Merger will become effective at the time the Clerk of the Virginia State Corporation Commission issues a certificate of merger with respect to the articles of merger pertaining to the First Merger or at such later time as may be agreed by NextEra Energy and Dominion Energy in writing and specified in such articles of merger.

Lazard observed target prices that ranged from $76.25 to $108.00 per share of NextEra Energy common stock, discounted at cost of equity and inclusive of dividends paid with respect to the NextEra Energy common stock.

Lazard observed target prices that ranged from $58.25 to $67.75 per share of Dominion Energy common stock, discounted at cost of equity and inclusive of dividends paid with respect to the Dominion Energy common stock.

on May 15, 2026, NextEra Energy, Inc., a Florida corporation (NEE), WG Development Corp., a Virginia corporation and direct wholly owned subsidiary of NEE (Merger Sub Corp), CS Holdco, LLC, a Virginia limited liability company and direct wholly owned subsidiary of NEE (LLC Sub), and Dominion Energy, Inc., a Virginia corporation (Dominion Energy), entered into an Agreement and Plan of Merger (the Merger Agreement).

The First Merger will become effective at the time the Clerk of the Virginia State Corporation Commission issues a certificate of merger with respect to the articles of merger pertaining to the First Merger or at such later time as may be agreed by NEE and Dominion Energy in writing and specified in such articles of merger.

Merger Sub Corp intends to merge with and into Dominion Energy, with Dominion Energy as the surviving corporation (the Surviving Corporation) and a wholly owned subsidiary of NEE (the First Merger)

The unaudited pro forma condensed combined financial statements of NEE reflecting the Mergers as of June 30, 2026 and for the six months ended June 30, 2026 and for the year ended December 31, 2025 and the related notes are filed as Exhibit 99.2 to this Current Report on Form 8-K and incorporated by reference herein

The registration statement on Form S-4 (Registration No. 333-297351) filed by NEE with the SEC on July 9, 2026 (the Registration Statement), which was declared effective by the SEC on July 23, 2026, and the definitive joint proxy statement/prospectus filed by NEE with the SEC on July 28, 2026

The unaudited condensed consolidated financial statements of Dominion Energy as of June 30, 2026 and for the six months ended June 30, 2026 and 2025, and the related notes to the condensed consolidated financial statements, are included in Dominion Energy's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026, filed by Dominion Energy with the SEC on July 31, 2026, and are incorporated herein by reference as Exhibit 99.1 hereto (the Dominion Energy Financial Information).

immediately following the First Merger, the Surviving Corporation will merge with and into LLC Sub, with LLC Sub as the surviving entity (the Surviving Entity) and a wholly owned subsidiary of NEE (the Second Merger and, together with the First Merger, the Mergers).

The purpose of this Current Report on Form 8-K is to file the Financial Information (as defined below), and to allow such Financial Information to be incorporated by reference into NEE's registration statements previously filed with the SEC under the Securities Act of 1933, as amended (the Securities Act).

*Note: Business has not yet been acquired. Financial statements are provided in connection with a pending business combination.

The merger agreement contains certain termination rights and provides that, upon termination of the merger agreement under specified circumstances, NEE would be required to pay to Dominion Energy a termination fee of $4.8 billion or $6.5 billion, depending on the circumstances of the termination, while under other circumstances, Dominion Energy would be required to pay NEE a termination fee of approximately $2.2 billion.

At closing, each outstanding share of Dominion Energy common stock, other than shares to be cancelled as described in the merger agreement, will be converted into the right to receive (i) a pro rata share of an aggregate amount equal to $360 million in cash, without interest, and (ii) 0.8138 shares of NEE common stock.

In connection with the sale and extinguishment of the related debt, a net gain of approximately $133 million ($107 million after tax) was recorded in NEE's condensed consolidated statements of income for the six months ended June 30, 2026.

On June 30, 2026, a 95% owned subsidiary of NextEra Energy Resources acquired 100% of the equity interests of CRP XII Intermediate, LLC which owns Caliber Resource Partners, LLC (Caliber acquisition), an energy investment firm.

In addition, NEE and Dominion Energy have proposed $2.25 billion in bill credits for Dominion Energy's utility customers in Virginia, North Carolina and South Carolina spread over two years post-close.

NEE and Dominion Energy are working to complete the transaction in the second half of 2027. However, completion of the mergers and the actual closing date depend upon the satisfaction of a number of conditions, including certain approvals by Dominion Energy shareholders and NEE shareholders. The proposed business combination is also subject to the receipt of required regulatory approvals, including approvals by the FERC, the NRC, and the utility commissions in Virginia, North Carolina and South Carolina as well as clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

In March 2026, a subsidiary of NEET sold an ownership interest, representing an approximately 50% economic interest, as part of a joint venture (transmission joint venture), consisting of a rate-regulated electric transmission asset located in California, for cash proceeds of approximately $287 million, subject to post-closing adjustments.

Dividends per share were $0.6232 for the three months ended June 30, 2026.

On July 24, 2026, NextEra Energy, Inc. posted on its website a news release announcing second quarter financial results for NextEra Energy, Inc. and Florida Power & Light Company.

On January 9, 2026, a wholly owned subsidiary of NextEra Energy Resources acquired 100% of the equity interests of Symmetry Energy Solutions, LLC, a commercial and industrial natural gas business, from Energy Capital Partners, LLC (Symmetry acquisition).

As of June 30, 2026, approximately $1.335 billion, after tax, of total RSM reserve remains available under the 2025 rate agreement.

As of June 30, 2026, NEE's total net available liquidity was approximately $18.1 billion.

In May 2026, the Financial Accounting Standards Board issued an accounting standards update related to environmental credits (such as renewable energy credits) and environmental credit obligations.

NEE believes that its current pipeline of wind and solar facilities to be placed in service through 2030 will qualify for clean energy tax credits.

Net income attributable to NEE increased $1,116 million and $2,464 million for the three and six months ended June 30, 2026, respectively, reflecting higher results at FPL, NEER and Corporate and Other.

FPL earned a regulatory ROE of approximately 11.70% and 11.60% on its retail rate base, based on a trailing thirteen-month average retail rate base as of June 30, 2026 and June 30, 2025, respectively.

The amendments also clarify that the Board may determine that any annual or special meeting of shareholders may be held solely by means of remote communication to the fullest extent permitted by the Florida Business Corporation Act

On July 8, 2026, the Board of Directors (the "Board") of NextEra Energy, Inc. ("NextEra Energy") approved amendments to NextEra Energy's Amended and Restated Bylaws (the "Bylaws"), which became effective immediately upon approval.

The Bylaws continue to permit the chief executive officer to determine the time and place of a special meeting of shareholders.

and make revisions to certain provisions governing shareholder meetings and notices thereof related to shareholder meetings for which remote communication is authorized.

The amendments revise the Bylaws to provide that the Board has authority to determine the time and place, if any, of any special meeting of shareholders.

The Junior Subordinated Debentures were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

Consummation of the First Merger remains subject to the satisfaction or waiver of certain closing conditions specified in the Merger Agreement.

*Note: Business has not yet been acquired. Financial statements are provided in connection with a pending business combination.

The purpose of this Current Report on Form 8-K is to file (a) the Financial Information (as defined below) and (b) the consent of the independent registered public accounting firm of Dominion Energy included as Exhibit 23 to this Current Report on Form 8-K (the Consent)

Upon the terms and subject to the conditions set forth in the Merger Agreement, (i) Merger Sub Corp will merge with and into Dominion Energy, with Dominion Energy as the surviving corporation (the Surviving Corporation) and a wholly owned subsidiary of NEE (the First Merger), and (ii) immediately following the First Merger, the Surviving Corporation will merge with and into LLC Sub, with LLC Sub as the surviving entity (the Surviving Entity) and a wholly owned subsidiary of NEE (the Second Merger and, together with the First Merger, the Mergers).

The unaudited condensed consolidated financial statements of Dominion Energy as of March 31, 2026 and for the three months ended March 31, 2026 and 2025, and the related notes to the condensed consolidated financial statements, are included in Dominion Energy's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, filed by Dominion Energy with the SEC on May 1, 2026, and are incorporated herein by reference as Exhibit 99.2 hereto (the Dominion Energy Unaudited Financial Information and, together with the Dominion Energy Audited Financial Information, the Dominion Energy Financial Information).

The audited consolidated financial statements of Dominion Energy as of December 31, 2025 and 2024 and for the years ended December 31, 2025, 2024, and 2023, and the related notes to the consolidated financial statements, including the report thereon of Dominion Energy's independent registered public accounting firm, are included in the Dominion Energy Annual Report and are incorporated herein by reference as Exhibit 99.1 hereto (the Dominion Energy Audited Financial Information).

In connection with the planned Mergers, NEE is providing the preliminary unaudited pro forma condensed combined financial statements of NEE reflecting the Mergers and the related notes as of March 31, 2026 and for the three months ended March 31, 2026 and for the year ended December 31, 2025, which are filed as Exhibit 99.3 to this Current Report on Form 8-K and incorporated by reference herein (the Pro Forma Financial Information and, together with the Dominion Energy Financial Information, the Financial Information).

The Offered Bonds were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

A shareholder proposal entitled “Report on Net Zero Business Performance Risks” that requested the Board of Directors of NEE prepare a report within the next year, evaluating the potential costs and benefits to NEE created by aggressive emission reduction policies was not properly presented for a vote because the proponent failed to present the proposal personally or through a qualified representative at the 2026 Annual Meeting.

NEE's shareholders approved, by non-binding advisory vote, NEE's compensation of its named executive officers as disclosed in the Proxy Statement, as set forth below:

NextEra Energy, Inc. (NEE) held its 2026 Annual Meeting of Shareholders (2026 Annual Meeting) on May 21, 2026.

If the shareholder proposal had been properly presented, the shareholder proposal would not have been approved by the shareholders, as set forth below:

NEE’s shareholders did not approve a shareholder proposal entitled “Paris Agreement Alignment” that requested NEE publish a report describing if and how the Company plans to reduce its total contribution to climate change and align its operations and investments with the Paris Agreement's goal of maintaining global temperatures well below 2 degrees Celsius, and ideally, 1.5 degrees Celsius, as set forth below:

The Notes were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

In other specified circumstances where the Merger Agreement is terminated and such termination results from the failure of one or more specified conditions relating to or involving certain regulatory matters having been satisfied or waived, NextEra Energy will be required to pay Dominion Energy a termination fee of $4.83 billion.

each of NextEra Energy and Dominion Energy will be subject to certain restrictions on its ability to solicit an alternative Parent Acquisition Proposal or Company Acquisition Proposal (each as defined in the Merger Agreement), respectively, from third parties, to provide non-public information to third parties and to engage in discussions with third parties regarding alternative Parent Acquisition Proposals or Company Acquisition Proposals, as applicable, subject to customary exceptions

each such share will be automatically converted into the right to receive (i) its pro rata share of an aggregate amount equal to $360 million in cash, without interest, and (ii) 0.8138 shares of common stock, par value $0.01 per share, of NextEra Energy (“NextEra Energy Common Stock”)

Dominion Energy will be required to pay NextEra Energy a termination fee of $2.24 billion, and in comparable reciprocal circumstances, NextEra Energy will be required to pay Dominion Energy a termination fee of $6.52 billion.

Dominion Energy is required to redeem all of its currently issued and outstanding 4.35% Series C Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock prior to the Effective Time if the Effective Time occurs after January 15, 2027.

if the First Merger has not been consummated by November 15, 2027, which date is extendable to August 15, 2028 if specified conditions relating to the Regulatory Clearances, the absence of a Burdensome Condition or the absence of certain governmental orders have not been satisfied

The closing of the First Merger is subject to the satisfaction or waiver of certain closing conditions, including, among others, (i) approval of the Merger Agreement and the Plan of Merger with respect to the First Merger by the affirmative vote of the holders of a majority of the outstanding shares of Dominion Energy Common Stock represented in person or by proxy and entitled to vote thereon (the “Dominion Energy Shareholder Approval”), (ii) approval of the Share Issuance by the affirmative vote of the holders of a majority of the votes cast by the holders of the outstanding shares of NextEra Energy Common Stock represented in person or by proxy and entitled to vote thereon, in accordance with the rules and regulations of the New York Stock Exchange (the “NYSE”) (the “NextEra Energy Shareholder Approval” and, together with the Dominion Energy Shareholder Approval, the “Shareholder Approvals”), (iii) the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), (iv) Dominion Energy and NextEra Energy obtaining specified consents of or under (a) the HSR Act, (b) the Federal Energy Regulatory Commission, (c) the U.S. Nuclear Regulatory Commission, (d) the Virginia State Corporation Commission, (e) the North Carolina Utilities Commission and (f) the Public Service Commission of South Carolina (collectively, the “Regulatory Clearances”), in each case, without the imposition, individually or in the aggregate, of a Burdensome Condition (as defined in the Merger Agreement)

On May 15, 2026, NextEra Energy, Inc., a Florida corporation (“NextEra Energy”), WG Development Corp., a Virginia corporation and direct wholly owned subsidiary of NextEra Energy (“Merger Sub Corp”), CS Holdco, LLC, a Virginia limited liability company and direct wholly owned subsidiary of NextEra Energy (“LLC Sub”), and Dominion Energy, Inc., a Virginia corporation (“Dominion Energy”), entered into an Agreement and Plan of Merger (the “Merger Agreement”).

The board of directors of NextEra Energy (the “Board”) unanimously has (i) approved the Merger Agreement, the plans of merger attached thereto (the “Plans of Merger”) and the transactions contemplated thereby, including the Mergers (the “Transactions”), (ii) directed that the issuance of NextEra Energy Common Stock in connection with the First Merger (the “Share Issuance”) be submitted to the holders of NextEra Energy Common Stock for their consideration and (iii) resolved to recommend that NextEra Energy’s shareholders approve the Share Issuance.

On May 18, 2026, NextEra Energy and Dominion Energy issued a joint press release announcing the entry into the Merger Agreement.

Following the Effective Time, NextEra Energy will maintain Dominion Energy’s current headquarters in Richmond, Virginia and an operating headquarters in Cayce, South Carolina.

On May 18, 2026, in connection with the announcement of the Merger Agreement, NextEra Energy and Dominion Energy intend to hold a joint conference call available to investors and the public.

An investor presentation for reference during such call is attached as Exhibit 99.2 to this Report and is incorporated by reference herein.

Merger Sub Corp will merge with and into Dominion Energy, with Dominion Energy as the surviving corporation (the “Surviving Corporation”) and a wholly owned subsidiary of NextEra Energy (the “First Merger”), and (ii) immediately following the First Merger, the Surviving Corporation will merge with and into LLC Sub, with LLC Sub as the surviving entity (the “Surviving Entity”) and a wholly owned subsidiary of NextEra Energy (the “Second Merger” and, together with the First Merger, the “Mergers”).

A copy of the news release is attached as Exhibit 99, which is incorporated herein by reference.

Exhibit 99 is being furnished pursuant to Item 2.02 herein.

On April 23, 2026, NextEra Energy, Inc. posted on its website a news release announcing first quarter financial results for NextEra Energy, Inc. and Florida Power & Light Company.

NextEra Energy, Inc. News Release dated April 23, 2026

In March 2026, a subsidiary of NEET sold an ownership interest, representing an approximately 50% economic interest, as part of a joint venture (transmission joint venture), consisting of a rate-regulated electric transmission asset located in California, for cash proceeds of approximately $287 million, subject to post-closing adjustments.

Item 2.02 Results of Operations and Financial Condition

On January 9, 2026, a wholly owned subsidiary of NextEra Energy Resources acquired 100% of the equity interests of Symmetry Energy Solutions, a commercial and industrial natural gas business, from Energy Capital Partners, LLC (Symmetry acquisition).

In connection with the sale and extinguishment of the related debt, a net gain of approximately $133 million ($107 million after tax) was recorded in NEE's condensed consolidated statements of income for the three months ended March 31, 2026.

During the three months ended March 31, 2026, FPL recorded RSM amortization of approximately $306 million, after tax, which is reflected as a decrease of $150 million in income taxes and a decrease of $209 million in depreciation and amortization expense ($156 million after tax) in NEE and FPL’s condensed consolidated statements of income.

Secured unanimous approval for a new four-year FPL rate agreement (through 2029), including 9.95–11.95% ROE range, 59.6% equity ratio and ~$1.5 B (after tax) rate stabilization mechanism, with bills expected to increase at 2% CAGR 2025-2029

The Company no longer has 2045 emissions reduction targets and currently has no other emissions reduction targets.

The 2026 Annual Meeting of Shareholders of NextEra Energy, Inc. (“NextEra Energy” or the “Company”) will be held on Thursday, May 21, 2026, at 8:00 a.m., Central Time, at 350 First Avenue NE, Cedar Rapids, Iowa 52401

On March 20, 2026, NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold $600 million principal amount of its Series Z Junior Subordinated Debentures due April 15, 2086 (Junior Subordinated Debentures).

In connection with the sale of the Junior Subordinated Debentures, this Current Report on Form 8-K is being filed to report certain documents as exhibits.

The Junior Subordinated Debentures were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

NEE thanks Mr. Crews for his leadership and contributions and wishes him success in his future endeavors.

Date of earliest event reported: March 5, 2026

Each equity unit consists of (1) a contract to purchase NEE common stock (stock purchase contract), (2) initially a 2.5% undivided beneficial ownership interest in a Series P Debenture due February 15, 2031 (Series P Debentures), and (3) initially a 2.5% undivided beneficial ownership interest in a Series Q Debenture due February 15, 2034 (Series Q Debentures, and together with the Series P Debentures, the Debentures), each Debenture issued in the principal amount of $1,000 by NextEra Energy Capital Holdings, Inc.

In approximately three years, the equity unit holders will be required to purchase NEE common stock for cash, based on a price per share range of $91.99 to $115.00.

On March 3, 2026, NextEra Energy, Inc. (NEE) sold $2.3 billion of equity units (initially consisting of Corporate Units), which amount includes equity units sold following the full exercise of the underwriters' overallotment option.

Upon settlement of the stock purchase contract, NEE will receive cash and will issue the requisite number of shares of its common stock.

The holders of the equity units must complete the stock purchase by no later than February 15, 2029, and may satisfy their purchase obligations with proceeds raised from a remarketing of the Debentures that are a component of the equity units, if such remarketing is successful.

The purchase price included $805 million in cash consideration as well as working capital and other adjustments of approximately $341 million (subject to certain post-closing adjustments).

On January 9, 2026, a wholly owned subsidiary of NextEra Energy Resources acquired 100% of the equity interests of Symmetry Energy Solutions, a commercial and industrial natural gas business, from Energy Capital Partners, LLC.

In July 2025, a subsidiary of NEET entered into an agreement to sell a 50% equity interest in a joint venture, consisting of a rate-regulated electric transmission asset located in California.

NEER expects to close the sale in the first quarter of 2026, subject to the satisfaction of customary closing conditions, for cash proceeds of approximately $270 million, subject to closing adjustments.

On January 27, 2026, NextEra Energy, Inc. posted on its website a news release announcing fourth quarter and full-year 2025 financial results for NextEra Energy, Inc. and Florida Power & Light Company.

A copy of the news release is attached as Exhibit 99, which is incorporated herein by reference.

Members of NEE's senior management team will participate in various investor meetings throughout January 2026.

NEE continues to expect adjusted earnings per share for 2025 and 2026 to be between $3.62 and $3.70 and between $3.92 and $4.02, respectively, and expects compound annual growth in adjusted earnings per share of at least 8% annually through 2032, based on the expected 2025 adjusted earnings per share range.

NEE continues to expect dividends per share growth of approximately 10% annually through 2026, off a 2024 base and expects dividends per share growth of approximately 6% annually for 2027 and 2028, off a 2026 base.

In addition, NEE continues to target long-term adjusted earnings per share growth of at least 8% through 2035, also based on the expected 2025 adjusted earnings per share range.

They plan to discuss, among other things, that its adjusted earnings per share expectations through 2032, its long-term growth target from 2032 to 2035 and its dividend per share growth expectations for 2026, 2027 and 2028 remain unchanged.

Dividend declarations are subject to the discretion of the board of directors of NEE.

NEE does not provide a quantitative reconciliation of forward-looking adjusted earnings per share to earnings per share, the most directly comparable GAAP financial measure, because certain information needed to reconcile these measures is not available without unreasonable efforts due to the inherent difficulty in forecasting and quantifying these measures.

On December 31, 2025, NextEra Energy, Inc. (NEE) entered into an Equity Distribution Agreement (the Agreement) with BNY Mellon Capital Markets, LLC, BofA Securities, Inc., Capital One Securities, Inc., Credit Agricole Securities (USA) Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Wells Fargo Securities, LLC (each, an Agent)

The Agreement reflects the announcement made at NEE’s December 2025 investor conference regarding the implementation of a $4 billion at-the-market equity issuance program.

Any common stock offered under the Agreement will be issued pursuant to NEE’s Registration Statement on Form S-3 (Nos. 333-278184, 333-278184-01 and 333-278184-02).

NEE is updating its adjusted earnings per share expectations by tightening the 2025 range to the high end, increasing the 2026 range and extending its adjusted earnings per share growth expectations through 2032.

expects compound annual growth in adjusted earnings per share of at least 8% annually through 2032, based on the expected 2025 adjusted earnings per share range.

NEE continues to expect dividends per share growth of approximately 10% annually through 2026, off a 2024 base

expects dividends per share growth of approximately 6% annually for 2027 and 2028, off a 2026 base.

NEE is targeting long-term adjusted earnings per share growth of at least 8% through 2035, also based on the expected 2025 adjusted earnings per share range.

NEE now expects adjusted earnings per share for 2025 and 2026 to be between $3.62 and $3.70 and between $3.92 and $4.02, respectively

NEE does not provide a quantitative reconciliation of forward-looking adjusted earnings per share to earnings per share, the most directly comparable GAAP financial measure, because certain information needed to reconcile these measures is not available without unreasonable efforts due to the inherent difficulty in forecasting and quantifying these measures.

If federal or state permanent corporate income tax changes become effective during the term of the 2025 rate agreement, FPL would be able to prospectively adjust base rates after a review by the FPSC.

New retail base rates and charges would be established resulting in the following increases in annualized retail base revenues: ◦$945 million beginning January 1, 2026; and ◦$705 million beginning January 1, 2027.

FPL would be authorized to implement a rate stabilization mechanism (RSM) over the term of the 2025 rate agreement that would be comprised of: 1) up to $1.155 billion of certain deferred tax liabilities related to repairs and mixed service costs, 2) any balance remaining related to FPL’s existing reserve amortization mechanism as of January 1, 2026, and 3) investment tax credit amortization associated with certain battery storage projects that will go into service in 2025 (collectively, the RSM reserve).

In addition, FPL would receive, subject to conditions specified in the 2025 rate agreement, base rate increases associated with solar generation projects that enter service in 2027, 2028, and 2029 and battery storage projects that enter service in 2028 and 2029 through a Solar and Battery Base Rate Adjustment (SoBRA) mechanism.

Any additional costs would be eligible for recovery in subsequent years.

If FPL's earned regulatory ROE were to fall below 9.95%, FPL could seek retail base rate relief. If the earned regulatory ROE were to rise above 11.95%, any party with standing could seek a review of FPL's retail base rates.

Future storm restoration costs would continue to be recoverable on an interim basis beginning 60 days from the filing of a cost recovery petition, but capped at an amount that produces a surcharge of no more than $5 for every 1,000 kilowatt-hours of usage on residential bills during the first 12 months of cost recovery.

FPL's authorized regulatory return on common equity (regulatory ROE) would be 10.95%, with a range of 9.95% to 11.95%.

Subject to certain conditions, FPL could amortize the RSM reserve over the term of the 2025 rate agreement, provided that in any year of the 2025 rate agreement FPL would be required to amortize at least enough RSM reserve amount to maintain its minimum authorized regulatory ROE and also could not amortize any RSM reserve amount that would result in an earned regulatory ROE in excess of its maximum authorized regulatory ROE.

FPL would be required to demonstrate either a specified economic or resource/reliability need for these projects.

If storm restoration costs, inclusive of the costs to replenish the storm reserve, exceed the cap, FPL could request an increase to the $5 surcharge.

FPL's authorized regulatory capital structure would reflect a 59.6% equity ratio, consistent with prior base rate cases.

Key elements of the 2025 rate agreement, which will be effective from January 2026 through at least December 2029, include the following:

FPL would be permitted to implement tariffs for large load customers with new or incremental load of 50 megawatts or greater and with a load factor of at least 85%.

On November 20, 2025, the Florida Public Service Commission (FPSC) voted to approve a stipulation and settlement agreement between Florida Power & Light Company (FPL) and ten of the 13 intervenor groups in FPL's base rate proceeding (2025 rate agreement), which resolves all matters in FPL's base rate proceeding.

The FPSC typically takes up to 20 days to issue a final order.

On November 12, 2025, NextEra Energy Capital Holdings, Inc. (NEECH), a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold €1.25 billion principal amount of its Series V Junior Subordinated Debentures due May 15, 2056 (Series V Junior Subordinated Debentures) and €1.25 billion principal amount of its Series W Junior Subordinated Debentures due May 15, 2056 (Series W Junior Subordinated Debentures and together with Series V Junior Subordinated Debentures, Junior Subordinated Debentures).

New retail base rates and charges would be established resulting in the following increases in annualized retail base revenues: ◦$945 million beginning January 1, 2026; and ◦$705 million beginning January 1, 2027.

On August 20, 2025, FPL and 10 of the 13 intervenor groups in FPL’s base rate proceeding filed with the FPSC a joint motion requesting that the FPSC approve a stipulation and settlement agreement (proposed 2025 rate agreement) that would resolve all matters in FPL’s pending base rate proceeding.

In July 2025, a subsidiary of NEET entered into an agreement to sell a 50% equity interest in a joint venture, consisting of a rate-regulated transmission asset located in California. NEER expects to close the sale in the first quarter of 2026, subject to the satisfaction of customary closing conditions and the receipt of regulatory approvals, for cash proceeds of approximately $270 million, subject to closing adjustments.

On October 28, 2025, NextEra Energy, Inc. posted on its website a news release announcing third quarter financial results for NextEra Energy, Inc. and Florida Power & Light Company.

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law which, among other things, modified tax legislation affecting clean energy tax credits, bonus depreciation rules, and tax treatment of research and development expenses and interest deductions.

In September 2025, the license renewals for Point Beach Units 1 and 2 were approved by the NRC, extending the expiration dates of the operating licenses to 2050 and 2053, respectively.

In January 2025, FPL began recovering eligible storm costs and replenishment of the storm reserve through a storm surcharge totaling approximately $1.2 billion, related to Hurricanes Debby, Helene and Milton which impacted FPL's service area in 2024. The amount is being collected over a 12-month period and is subject to refund based on an FPSC prudence review.

Based on the fair value analysis, the equity method investment with a carrying amount of approximately $1.7 billion was written down to its estimated fair value of $1.0 billion, resulting in an impairment charge of $0.7 billion ($0.5 billion after tax), which is reflected in equity in earnings (losses) of equity method investees in NEE’s condensed consolidated statements of income for the nine months ended September 30, 2025.

The proposed 2025 rate agreement is subject to FPSC approval. Hearings on the proposed four-year rate plan and on the proposed 2025 rate agreement were held in October 2025 and the FPSC is expected to rule on the proposed 2025 rate agreement on November 20, 2025.

In July 2025, the Florida Supreme Court affirmed the FPSC's final and supplemental final order regarding FPL’s 2021 rate agreement.

If federal or state permanent corporate income tax changes become effective during the term of the proposed 2025 rate agreement, FPL would be able to prospectively adjust base rates after a review by the FPSC.

If FPL's earned regulatory ROE were to fall below 9.95%, FPL could seek retail base rate relief. If the earned regulatory ROE were to rise above 11.95%, any party with standing could seek a review of FPL's retail base rates.

In addition, FPL would recognize in base rates the customers’ share of the gains generated through the asset optimization program, previously approved by the FPSC, in the month in which the gains are generated, and 100% of any annual gains in excess of $150 million would be provided to customers through the fuel cost recovery clause.

FPL's authorized regulatory return on common equity (regulatory ROE) would be 10.95%, with a range of 9.95% to 11.95%.

The proposed 2025 rate agreement will not become effective unless approved by the FPSC.

increases in annualized retail base revenues: ◦$945 million beginning January 1, 2026; and ◦$705 million beginning January 1, 2027.

FPL would be authorized to implement a rate stabilization mechanism (RSM) over the term of the proposed 2025 rate agreement that would be comprised of: 1) up to $1.155 billion of certain deferred tax liabilities related to repairs and mixed service costs, 2) any balance remaining related to FPL’s existing reserve amortization mechanism as of January 1, 2026, and 3) investment tax credit amortization associated with certain battery storage projects that will go into service in 2025 (collectively, the RSM reserve).

In addition, FPL would receive, subject to conditions specified in the proposed 2025 rate agreement, base rate increases associated with solar generation projects that enter service in 2027, 2028, and 2029 and battery storage projects that enter service in 2028 and 2029 through a Solar and Battery Base Rate Adjustment (SoBRA) mechanism.

Future storm restoration costs would continue to be recoverable on an interim basis beginning 60 days from the filing of a cost recovery petition, but capped at an amount that produces a surcharge of no more than $5 for every 1,000 kilowatt-hours of usage on residential bills during the first 12 months of cost recovery.

increases in annualized retail base revenues: ◦$945 million beginning January 1, 2026; and ◦$705 million beginning January 1, 2027.

FPL would be required to demonstrate either a specified economic or resource/reliability need for these projects.

Subject to certain conditions, FPL could amortize the RSM reserve over the term of the proposed 2025 rate agreement, provided that in any year of the proposed 2025 rate agreement FPL would be required to amortize at least enough RSM reserve amount to maintain its minimum authorized regulatory ROE and also could not amortize any RSM reserve amount that would result in an earned regulatory ROE in excess of its maximum authorized regulatory ROE.

Key elements of the proposed 2025 rate agreement, which would be effective from January 2026 through at least December 2029, include the following:

The foregoing summary is qualified in its entirety by the provisions of the proposed 2025 rate agreement, a copy of which (excluding exhibits) is filed as Exhibit 99 to this Current Report on Form 8-K, and incorporated herein by reference.

If storm restoration costs, inclusive of the costs to replenish the storm reserve, exceed the cap, FPL could request an increase to the $5 surcharge.

In the August 20, 2025 filing, FPL and the participating intervenors requested that the FPSC rule on the proposed 2025 rate agreement such that new rates can be implemented by January 1, 2026.

On August 20, 2025, Florida Power & Light Company (FPL) and ten of the 13 intervenor groups in FPL's base rate proceeding (such ten intervenors, collectively, the participating intervenors) filed with the Florida Public Service Commission (FPSC) a joint motion requesting that the FPSC approve a stipulation and settlement agreement signed by those parties (proposed 2025 rate agreement) that would resolve all matters in FPL's pending base rate proceeding.

4(b) Letter, dated August 1, 2025, from NextEra Energy Capital Holdings, Inc. to The Bank of New York Mellon, as trustee, setting forth certain terms of the Series M Debentures due September 1, 2027 effective August 1, 2025

On August 1, 2025, NextEra Energy Capital Holdings, Inc., a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), completed a remarketing of approximately $2.0 billion aggregate principal amount of its Series M Debentures due September 1, 2027.

In July 2025, a subsidiary of NextEra Energy Resources entered into an agreement to sell a 50% equity interest in a joint venture, consisting of a rate-regulated transmission asset located in California.

NEER expects to close the sale in the first quarter of 2026, subject to the satisfaction of customary closing conditions and the receipt of regulatory approvals, for cash proceeds of approximately $270 million, subject to closing adjustments.

On July 23, 2025, NextEra Energy, Inc. posted on its website a news release announcing second quarter financial results for NextEra Energy, Inc. and Florida Power & Light Company.

Based on the fair value analysis, the equity method investment with a carrying amount of approximately $1.7 billion was written down to its estimated fair value of $1.0 billion, resulting in an impairment charge of $0.7 billion ($0.5 billion after tax), which is reflected in equity in earnings (losses) of equity method investees in NEE’s condensed consolidated statements of income for the six months ended June 30, 2025.

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was signed into law which, among other things, modified tax legislation affecting clean energy tax credits, bonus depreciation rules, and tax treatment of research and development expenses and interest deductions.

In January 2025, FPL began recovering eligible storm costs and replenishment of the storm reserve through a storm surcharge totaling approximately $1.2 billion, related to Hurricanes Debby, Helene and Milton which impacted FPL's service area in 2024. The amount is being collected over a 12-month period and is subject to refund based on an FPSC prudence review.

During the preparation of NEE's March 31, 2025 financial statements, it was determined that NextEra Energy Resources' investment in XPLR was OTTI as a result of a significant decline in trading price of XPLR's common units following XPLR's announcement of a strategic repositioning, including suspension of the distribution to common unitholders for an indefinite period.

The proposed four-year rate plan consists of, among other things: (i) an increase to base annual revenue requirements of approximately $1,545 million effective January 2026; (ii) an increase to base annual revenue requirements of $927 million effective January 2027; and (iii) a Solar and Battery Base Rate Adjustment mechanism to recover, subject to FPSC review, the revenue requirements associated with the cost of building and operating an additional 1,490 MW of solar and 596 MW of battery storage projects in 2028 and 1,788 MW of solar and 596 MW of battery storage projects in 2029.

NEE determined that the OBBBA had no impact to NEE's condensed consolidated financial statements for the three and six months ended June 30, 2025.

FPL's requested increases are based on a regulatory ROE of 11.90% on its retail rate base and continuation of FPL's regulatory capital structure, including its longstanding equity ratio approved in prior base rate cases.

Technical hearings on the base rate proceeding are scheduled during the third quarter of 2025 and a final decision is expected in the fourth quarter of 2025.

On February 28, 2025, FPL filed a petition with the FPSC requesting, among other things, approval of a four-year base rate plan that would begin in January 2026 (proposed four-year rate plan) replacing the current base rate settlement agreement that has been in place since 2022 (2021 rate agreement).

On June 12, 2025, NextEra Energy Capital Holdings, Inc., a wholly-owned subsidiary of NextEra Energy, Inc. (NEE), sold C$600 million principal amount of its 3.83% Debentures, Series due June 12, 2030 and C$1.4 billion principal amount of its 4.67% Debentures, Series due June 12, 2035 (together, the Debentures), both of which are guaranteed by NEE.

The Debentures were registered under the Securities Act of 1933 pursuant to Registration Statement Nos. 333-278184, 333-278184-01 and 333-278184-02.

NextEra Energy, Inc. (NEE) held its 2025 Annual Meeting of Shareholders (2025 Annual Meeting) on May 22, 2025.