Evergy Kansas Central said it entered into the Fifty-Fourth Supplemental Indenture on November 25, 2025 with The Bank of New York Mellon Trust Company, N.A., as trustee. The company said the agreement amends the Mortgage and Deed of Trust dated July 1, 1939.

1. 01

   Evergy Kansas Central said it entered into the Fifty-Fourth Supplemental Indenture on November 25, 2025 with The Bank of New York Mellon Trust Company, N.A., as trustee. The company said the agreement amends the Mortgage and Deed of Trust dated July 1, 1939.

2. 02

   The company said it added a provision allowing property to be released from the Indenture lien if the fair value of the property is at least 107ths of the aggregate principal amount of outstanding first mortgage bonds and prior lien bonds. If a release cannot be obtained, property with a fair value below 1/2 of 1% of that principal amount may be released, and the aggregate fair value released in any 12-month period is limited to 1%.

3. 03

   Evergy Kansas Central said it deleted the net earnings test for issuing first mortgage bonds and for merging, as well as the independent engineer's certificate requirement and the financial test for the other corporation in a consolidation, merger or asset sale. It also said it removed as an event of default the failure to discharge or stay a final money judgment in excess of $100,000 within 30 days.

4. 04

   The company said that because no first mortgage bonds issued before January 1, 1997 remain outstanding, the limit on new bond issuance reverted to 70% of the net bondable value of property additions from 60%. It also said it added nuclear fuel to property additions, the ability to issue variable rate bonds, and a governing law clause.

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