Results of Operations and Financial Condition On July 30, 2026, Xcel Energy released earnings results for the second quarter of 2026. See additional information in the Earnings Release furnished as exhibit 99.01.

Director — Peter Carter: Election of Peter Carter as a new director and appointment to specific committees.

Other Events. On May 1, 2026, Xcel Energy Inc. (“Xcel Energy”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with (i) Barclays Capital Inc., BMO Capital Markets Corp., BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC, BofA Securities, Inc., BTIG, LLC, CIBC World Markets Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Huntington Securities, Inc., Jefferies LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., Mizuho Sec…

Results of Operations and Financial Condition On April 30, 2026, Xcel Energy released earnings results for the first quarter of 2026. See additional information in the Earnings Release furnished as exhibit 99.01.

Other Events. On March 3, 2026, Xcel Energy Inc., a Minnesota corporation (“Xcel Energy”), issued $800,000,000 in aggregate principal amount of 5.75% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series due 2056 (the “notes”), pursuant to an Underwriting Agreement, dated February 26, 2026, by and among Xcel Energy and Barclays Capital Inc., Citigroup Global Markets Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc. and Truist Securities, Inc., as representatives of the unde…

Results of Operations and Financial Condition On February 5, 2026, Xcel Energy released earnings results for the fourth quarter of 2025. See additional information in the Earnings Release furnished as exhibit 99.01.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant On January 30, 2026, Xcel Energy Inc. (Xcel Energy) entered into a $1.5 billion 364-Day Delayed Draw Term Loan Agreement (the Term Loan Facility) with U.S. Bank National Association, as administrative agent, and the several lenders party thereto, and Xcel Energy borrowed $750 million under the Term Loan Facility to finance general corporate operations. The Term Loan Facility is un…

Entry into a Material Definitive Agreement

Director — Maria Demaree: The filing discloses the election of a new independent director to the board, which is a routine governance event and not a departure of a senior executive.

Results of Operations and Financial Condition On October 30, 2025, Xcel Energy released earnings results for the third quarter of 2025. See additional information in the Earnings Release furnished as exhibit 99.01.

Other Events. On October 7, 2025, Xcel Energy Inc., a Minnesota corporation (“Xcel Energy”), issued $900,000,000 in aggregate principal amount of 6.25% Junior Subordinated Notes, Series due 2085 (the “notes”), pursuant to an Underwriting Agreement, dated September 29, 2025, by and among Xcel Energy and BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC, as representatives of the underwriters named therein. The…

Other Events Marshall Wildfire Litigation As previously disclosed, multiple complaints were filed against Public Service Company of Colorado (PSCo) and Xcel Energy Services Inc. (both wholly owned subsidiaries of Xcel Energy Inc. and, together, Xcel Energy) related to the Marshall Fire, which ignited in Boulder County, Colorado in December 2021. On September 23, 2025, Xcel Energy, Qwest Corporation and Teleport Communications America, LLC reached settlement agreements in principle that resolv…

Other Events 2024 Minnesota Electric Rate Case In November 2024, Northern States Power Company, a Minnesota corporation ( NSP-Minnesota), and a wholly owned subsidiary of Xcel Energy Inc. filed an electric rate case in Minnesota, seeking a total revenue increase of $491 million (13.2%) over two years, based on a return on equity (ROE) of 10.3%, a 52.5% equity ratio and rate base of $13.2 billion in 2025 and $14 billion in 2026. NSP-Minnesota also requested interim rates of $224 million for 20…

Other Events. On August 1, 2025, Xcel Energy Inc. (“Xcel Energy”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with (i) Barclays Capital Inc., BMO Capital Markets Corp., BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC, BofA Securities, Inc., CIBC World Markets Corp., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Huntington Securities, Inc., Jefferies LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., Mizuho Securities…

Results of Operations and Financial Condition On July 31, 2025, Xcel Energy released earnings results for the second quarter of 2025. See additional information in the Earnings Release furnished as exhibit 99.01.

Chief Legal and Compliance Officer — Rob Berntsen: The departure of the Chief Legal and Compliance Officer was immediately followed by the promotion of an internal successor, indicating an orderly succession rather than a sudden loss of leadership.

Termination of a Material Definitive Agreement.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On May 6, 2025, Xcel Energy Inc. (Xcel Energy) and its wholly-owned subsidiaries, Northern States Power Company, a Minnesota corporation (NSP-Minnesota), Public Service Company of Colorado, a Colorado corporation (PSCo), Southwestern Public Service Company, a New Mexico corporation (SPS), and Northern States Power Company, a Wisconsin corporation (NSP-Wisconsin), each entered int…

Entry into a Material Definitive Agreement.

Results of Operations and Financial Condition On April 24, 2025, Xcel Energy released earnings results for the first quarter of 2025. See additional information in the Earnings Release furnished as exhibit 99.01.

Other Events. On March 21, 2025, Xcel Energy Inc., a Minnesota corporation (“Xcel Energy”), issued $350,000,000 in aggregate principal amount of 4.75% Senior Notes, Series due March 21, 2028, and $750,000,000 in aggregate principal amount of 5.60% Senior Notes, Series due April 15, 2035 (collectively, the “notes”), pursuant to an Underwriting Agreement, dated March 18, 2025, by and among Xcel Energy and BMO Capital Markets Corp., MUFG Securities Americas Inc., and Wells Fargo Securities, LLC,…

Chief Operations Officer — Timothy O'Connor: The Chief Operations Officer is retiring with a planned transition period and two internal successors named to split his responsibilities, indicating an orderly succession rather than a sudden loss.

Other Events 2024 Upper Midwest Resource Plan Settlement In February 2024, NSP-Minnesota, a Minnesota corporation and a wholly owned subsidiary of Xcel Energy Inc., filed its Upper Midwest Resource Plan with the Minnesota Public Utilities Commission (MPUC). In October 2024, NSP-Minnesota filed a settlement with several parties reaching agreement on the resource plan. On Feb. 20, 2025, the MPUC verbally approved the terms of the settlement agreement, including: • The selection of the company-o…

Results of Operations and Financial Condition On February 6, 2025, Xcel Energy released earnings results for the fourth quarter of 2024. See additional information in the Earnings Release furnished as exhibit 99.01.

Director — Devin Stockfish: The filing discloses the routine election of a new independent director to the board, which is a standard governance event and not a departure of a senior executive.