NiSource sets settlement rate at 3.9295 shares per Corporate Unit; voluntarily delists units from NYSE

NISOURCE INC.

Each Series A Corporate Unit converts into 3.9295 shares of NiSource common stock, with cash for fractional shares.
Settlement rate based on 40-day VWAP ending November 29, 2023; conversion effective December 1, 2023.
Series C Mandatory Convertible Preferred Stock will be retired and cancelled upon conversion.
NiSource voluntarily delists the Series A Corporate Units (ticker NIMC) from the NYSE effective December 1, 2023.
Delisting does not affect listing of common stock (NI) or periodic reporting obligations.

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