b'IntroductionEl Paso Electric will be an innovative and trusted provider of energy and services, operating in a sustainable manner and contributing to the economic vibrancy of our region.- El Paso Electric Corporate Vision StatementAt El Paso Electric Company (EPE or the Company), operating sustainably means concurrently protecting the environment, supporting our communities, engaging our employees, and serving our customers while maintaining focus on long-term business results. Environmental, Social and Governance/Sustainability ReportingAs a member company of the Edison Electric Institute (EEI), EPE voluntarily reports Environmental, Social and Governance (ESG) and sustainability metrics in accordance with EEIs industry-focused and investor-driven reporting practices. As the trade association representing United States investor-owned utility companies, EEI has developed a prescriptive reporting template to guide member companies in providing stakeholders uniform and consistent ESG/sustainability data across the electric utility industry. EPEs Corporate Sustainability Report is structured around the EEI template and includes the populated EEI Quantitative Section with a three-year look-back period. EPE is also providing additional content to more completely illustrate our efforts to transition to a cleaner, lower carbon and increasingly sustainable future. ESG/Sustainability Governance The utility sector is rapidly evolving to incorporate new and emerging technologies, meet changing customer expectations, and respond to revisions in the regulatory landscape. EPE is anticipating and responding to this changing environment. We are pursuing specific projects to increase our renewable portfolio, integrate battery storage technologies, replace legacy natural gas plants, create solar offerings for commercial customers, and integrate advanced metering technologies into our system. We are participating in grid modernization and renewable energy studies with our regulators and developing compliance strategies to achieve newly passed renewable portfolio standards in New Mexico. EPEs sustainability hinges on our collective anticipation and responsiveness to these industry changes. At EPE these efforts are both collaborative and dispersed across the entire organization. Employee level sustainability related performance goals are overseen by respective division leadership while corporate performance goals are overseen by EPEs Executive Management and Board of Directors and are captured in the following Corporate Objectives:Reduce energy use, water use, and waste generation from utility operations through measurement,benchmarking, and continuous improvement; Support adoption of clean technologies, where cost effective, on both the supply and customer sides of theEPE energy value chain; Deploy technologies to enable more efficient use of energy; Develop equitable regulatory and rate constructs to support the adoption of distributed energy resources; and Grow and maintain constructive relationships with stakeholders interested in advancing sustainability in thecommunities we serve.3Introduction'