NISOURCE INC. — fact timeline

Shawn Anderson was appointed as Executive Vice President and Chief Financial Officer at NISOURCE INC..

“approved the appointment of Shawn Anderson to Executive Vice President and Chief Financial Officer”

NISOURCE INC. reported 2023 results: EPS $1.54 to $1.60. Guidance raised.

“Increasing 2023 earnings guidance NiSource reaffirms its commitment to annual non-GAAP NOEPS growth of 6-8% through 2027. The Company is increasing its 2023 guidance to $1.54 to $1.60 non-GAAP NOEPS.”

NISOURCE INC. reported year ended December 31, 2022 results: net income $749.0 million, EPS $1.70.

“NiSource (NYSE: NI) today announced, on a GAAP basis, 2022 net income available to common shareholders was $749.0 million, or $1.70 diluted earnings per share, compared to net income available to common shareholders of $529.8 million, or $1.27 diluted earnings per share, for the same period of 2021.”

NISOURCE INC. incurred term loan of $1 billion with JPMorgan Chase Bank, N.A., as Administrative Agent, and the lenders party thereto at a rate equal to the one-, three- or six-month Term SOFR rate plus an adjustment maturing December 19, 2023.

“Under the Agreement, the Company borrowed $1 billion. The term loan matures on December 19, 2023 and bears interest at the option of the Company at: • a rate equal to the Alternate Base Rate, which is a floating rate equal to the highest of (A) the prime rate of interest quoted by The Wall Street Journal as the “Prime Rate” in the U.S. from time to time, (B) the greater of (i) the Federal Funds Effective Rate or (ii) the Overnight Bank Funding Rate in effect on such day, plus 0.50% in either case and (C) the one-month Term SOFR rate plus an adjustment of 0.10% plus 1.0%; • a rate equal to the one-, three- or six-month Term SOFR rate plus an adjustment of 0.10% plus 0.95%; or • a rate equal to the Daily Simple SOFR rate plus an adjustment of 0.10% plus 0.95%.”

NISOURCE INC. entered into Credit Agreement with JPMorgan Chase Bank, N.A., PNC Capital Markets LLC, Bank of America, N.A., Wells Fargo Bank, N.A. valued at $1 billion (effective 2022-12-20).

“On December 20, 2022, NiSource Inc. (the “Company”), as Borrower, entered into a Credit Agreement (the “Agreement”) with the lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, PNC Capital Markets LLC, as Syndication Agent, Bank of America, N.A. and Wells Fargo Bank, N.A., as Co-Documentation Agents and JPMorgan Chase Bank, N.A., PNC Capital Markets LLC, Bank of America, N.A. and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Bookrunners. Under the Agreement, the Company borrowed $1 billion.”

NISOURCE INC. reported three months ended September 30, 2022 results: net income $52.0 million, EPS $0.12 diluted earnings per share.

“NiSource (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended September 30, 2022 of $52.0 million, or $0.12 diluted earnings per share”

Pablo A. Vegas resigned as Executive Vice President and Group President, Utilities at NISOURCE INC..

“On August 15, 2022, Pablo A. Vegas, Executive Vice President and Group President, Utilities, at NiSource Inc. (the “Company”) notified the Company that he intends to resign from all positions that he holds with the Company and its subsidiaries, effective September 2, 2022, to assume the position of President and Chief Executive Officer at the Electric Reliability Council of Texas, effective October 1, 2022.”

William Jefferson was appointed as Executive Vice President, Operations and Chief Safety Officer at NISOURCE INC..

“and William Jefferson as Executive Vice President, Operations and Chief Safety Officer”

Melody Birmingham was appointed as Executive Vice President and Chief Innovation Officer at NISOURCE INC..

“appointed Melody Birmingham as Executive Vice President and Chief Innovation Officer”

Violet G. Sistovaris departed as Executive Vice President and Chief Experience Officer at NISOURCE INC..

“On April 25, 2022, Violet G. Sistovaris, Executive Vice President and Chief Experience Officer at NiSource Inc. (the "Company") notified the Company that she intends to retire from the Company effective July 1, 2022.”

William D. Johnson was appointed as Director at NISOURCE INC..

“On March 15, 2022, the Board appointed William D. Johnson as a director of the Company, effective immediately.”

Wayne S. DeVeydt resigned as Director at NISOURCE INC..

“On March 14, 2022, Wayne S. DeVeydt, a member of the Board of Directors (the “Board”) of NiSource Inc. (the “Company”), notified the Board of his decision to resign from the Board to focus on new endeavors.”

Carolyn Woo departed as director at NISOURCE INC..

“Dr. Carolyn Woo, whose retirement from th”

Cassandra Lee was appointed as director at NISOURCE INC..

“the Board also appointed Cassandra Lee as a director of the Company, effective as of February 14, 2022.”

Sondra Barbour was appointed as director at NISOURCE INC..

“the Board appointed Sondra Barbour as a director of the Company, effective immediately.”

Lloyd Yates was appointed as President and Chief Executive Officer at NISOURCE INC..

“the Board of Directors (the “Board”) appointed Lloyd Yates as the Company’s President and Chief Executive Officer, effective February 14, 2022.”

Joe Hamrock departed as President and Chief Executive Officer at NISOURCE INC..

“Joe Hamrock, the Company’s President and Chief Executive Officer, will retire from his role as President and Chief Executive Officer and as a director, effective February 14, 2022.”

Carolyn Y. Woo departed as Director at NISOURCE INC..

“On October 20, 2021, Carolyn Y. Woo, a member of the Board of Directors (the “Board”) of NiSource Inc. (the “Company”), notified the Board that she does not intend to stand for reelection at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”).”