Vistra's robust third quarter 2025 results highlight significant advancements in operational execution and growth strategies, including acquisitions and new power agreements, positioning the company for sustainable future profitability.

• Adjusted EBITDA guidance for 2025 narrowed to $5.7 billion to $5.9 billion, with adjusted free cash flow before growth expected at $3.3 billion to $3.5 billion.
• Introduced 2026 adjusted EBITDA guidance of $6.8 billion to $7.6 billion, driven by strong performance from recently acquired assets.
• Secured a landmark 20-year power purchase agreement at Comanche Peak, ensuring operational stability through at least the mid-2050s.
• Maintained a robust commercial performance with a generation fleet availability of approximately 93% and a nuclear capacity factor of 95%.
• Continued strong growth in retail customer count, credited to enhanced service and brand portfolio in the Texas market.