🟢 New in Current Filing Data center growth in our service territories, including a focus on northern Indiana, while providing growth opportunities that enhance our business strategy, provide significant financial, operational, and regulatory risks that must be effectively managed. 🔒

🟢 New in Current Filing NISOURCE INC. 🔒

🔴 No Match in Current Filing Failure to adapt to advances in technology, including alternative energy sources, and changes in laws or regulations to support such advances in technology or alternative energy sources, and our ability to manage such related costs could make us less competitive. 🔒

🔴 No Match in Current Filing Our capital projects and programs subject us to construction and supply risks, and are subject to regulatory oversight, including requirements for permits, approvals and certificates from various governmental agencies. 🔒

🔴 No Match in Current Filing NISOURCE INC. 🔒

🔴 No Match in Current Filing We have significant goodwill. Any future impairments of goodwill could result in a significant charge to earnings in a future period and negatively impact our compliance with certain covenants under financing agreements. 🔒

🟡 Modified The actions of regulators and legislators could result in outcomes that may adversely affect our earnings and liquidity. 🔒

🟡 Modified Our businesses are regulated under numerous environmental laws and regulations. The cost of compliance with these laws and regulations, and changes to or additions to, or reinterpretations of the laws and regulations, could be significant, and the cost of compliance may not be recoverable. Liability from the failure to comply with existing or changed laws and regulations could have a material adverse effect on our business, results of operations, cash flows and financial condition. 🔒

🟡 Modified Adverse economic and market conditions, including increases in inflation or interest rates, recession or changes in investor sentiment could materially and adversely affect our business, results of operations, cash flows, financial condition and liquidity. 🔒

🟡 Modified Our capital projects and programs subject us to construction and supply risks, and are subject to regulatory oversight, including requirements for permits, approvals and certificates from various governmental agencies. 🔒

🟡 Modified The physical impacts of climate change and the transition to a lower carbon future are impacting our business and could materially adversely affect our results of operations. 🔒

🟡 Modified If we cannot effectively manage new initiatives and organizational changes, we will be unable to address the opportunities and challenges presented by our strategy and the business and regulatory environment. 🔒

🟡 Modified A cyber-attack or security breach on any of our or certain third-party technology systems, including but not limited to information systems, infrastructure, software and hardware, upon which we rely may adversely affect our ability to operate, could lead to a loss or misuse of confidential and proprietary information, or potential liability. 🔒

🟡 Modified Capital market performance and other factors may decrease the value of benefit plan assets, which then could require significant additional funding and impact earnings. 🔒

🟡 Modified We are subject to operational and financial risks and liabilities associated with the implementation and efforts to achieve our carbon emission reduction goals. 🔒

🟡 Modified NISOURCE INC. 🔒

🟡 Modified We have substantial indebtedness which could adversely affect our financial condition. 🔒

🟡 Modified The impacts of natural disasters, acts of terrorism, acts of war, civil unrest, accidents, public health emergencies or other catastrophic events may disrupt operations and reduce the ability to service customers. 🔒

🟡 Modified Our distribution, transmission and generation activities involve a variety of inherent hazards and operating risks, including potential public safety risks. 🔒

🟡 Modified NISOURCE INC. 🔒

🟡 Modified Actions of activist stockholders could negatively affect our business and stock price and cause us to incur significant expenses. 🔒

🟡 Modified Failure to adapt to advances in technology, including alternative energy sources, and changes in laws or regulations to support such advances in technology or alternative energy sources, and our ability to manage such related costs could make us less competitive. 🔒

🟡 Modified We have significant goodwill. Any future impairments of goodwill could result in a significant charge to earnings in a future period and negatively impact our compliance with certain covenants under financing agreements. 🔒

🟡 Modified Aspects of the implementation of our electric generation strategy, including the timing of the retirement of our coal generation units or the addition of new generation resources, may be delayed and may not achieve intended results. 🔒

🟡 Modified We may not be able to execute our business plan or growth strategy, including utility infrastructure investments, or business opportunities, such as data center development and related generation sources and transmission capabilities to meet potential load growth. 🔒

🟡 Modified NISOURCE INC. 🔒