WEC ENERGY GROUP POSTS STRONG 2019 RESULTS

WEC Energy Group has reported net income of $1.13 billion, or $3.58 per share, for 2019. This compares to earnings of
$1.06 billion, or $3.34 per share, for 2018. For the fourth quarter of 2019, WEC Energy Group recorded net income of
$243.9 million, or 77 cents per share. This compares to earnings of $205.0 million, or 65 cents per share, for the fourth
quarter of 2018.
“From network reliability to customer satisfaction to earnings and dividend growth, the company continues to
perform at a high level,” said Gale Klappa, executive chairman. “And we’re poised for progress in 2020 as we work to
deliver a clean energy future that is safe, reliable and affordable.”
During the fourth quarter of 2019, two WEC Energy Group utilities — We Energies and Wisconsin Public Service —
were honored for superior reliability of their electric delivery networks. This is the ninth consecutive year that We
Energies has been named best in the Midwest and the first time Wisconsin Public Service has been recognized.

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