#USA #St. Louis #Series A Preferred #Spire Inc. #Stock Redemption

Spire Inc. Announces Redemption of Preferred Stock

In a notable development for investors, Spire Inc. (NYSE: SR) has communicated its intention to redeem all outstanding shares of its 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock. The announcement was made on January 29, 2026, and the redemption is scheduled for February 13, 2026.

Details of the Redemption

Spire will redeem a total of 10,000 of its Series A Preferred Stock shares, each with a par value of $25.00 and a liquidation preference also set at $25,000. This redemption will also apply to the corresponding depositary shares that represent a fractional interest in the Series A Preferred Stock, with the redemption price set at $25.00 per share, plus an additional $0.36056 per share. This brings the total remuneration to $25.36056 per share, reflecting all accumulated but unpaid dividends up to the redemption date.

Following the redemption, the Series A Preferred Stock will no longer accrue dividends, and all related rights for the shareholders will be terminated, except for the right to receive the cash payout. Notably, as a result of the redemption, the Series A Preferred Stock will also be delisted from trading on the New York Stock Exchange.

Redemption Process

The Depositary Shares involved in this redemption are held through The Depository Trust Company (DTC), and the company will execute the redemption in line with DTC's guidelines. Payments to DTC will be managed by Computershare Inc. and Computershare Trust Company, N.A., who are acting as the transfer agent and redemption agent respectively. For any inquiries or additional information on the notice of redemption, interested parties are encouraged to reach out to Computershare Trust Company at their office in Canton, MA.

For those who hold Depositary Shares through banks or brokers, it will be necessary to contact them directly for information regarding the acquisition of the Redemption Price.

About Spire Inc.

Spire Inc. is a prominent player in the energy sector, focusing on natural gas. The company provides energy solutions to approximately 1.7 million homes and businesses, making it one of the largest publicly traded natural gas firms in the U.S. Operating primarily in Alabama, Mississippi, and Missouri, its offerings include not only utility services but also involve natural gas marketing and midstream businesses.

Spire's commitment to enhancing energy solutions is reflected in its focus on infrastructure investment and a dedication to organic growth strategies aimed at continuous improvement. The company operates under the philosophy that energy exists to improve the quality of life for people, and it showcases this mission through its wide-reaching services and stakeholder engagement.

For more information about Spire Inc. and its services, visit SpireEnergy.com.