XPLR Infrastructure, LP

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Retirement programs

EMPLOYEE PENSION PLAN AND 401(K) PLAN

XPLR’s NEOs participate in NextEra Energy’s two retirement plans, as applicable, which qualify for favorable tax treatment under the Internal Revenue Code (“Code”). The plans consist of a non-contributory defined benefit pension plan and a defined contribution 401(k) plan. These plans are available to substantially all NextEra Energy employees supporting XPLR. Each of the NEOs participates in both plans. The pension plan is more fully described following Table 5: Pension Benefits.

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (“SERP”)

Current tax laws place various limits on the benefits payable under tax-qualified retirement plans, such as NextEra’s defined benefit pension plan and 401(k) plan, including a limit on the amount of annual compensation that can be taken into account when applying the plans’ benefit formulas. Therefore, the retirement income provided to the CEO by the qualified plans generally constitutes a smaller percentage of final pay than is typically the case for other NextEra Energy employees. In order to make up for this difference and maintain the market competitiveness of the CEO’s executive retirement benefits, NextEra Energy maintains an unfunded, nonqualified SERP. For the CEO, compensation included under the SERP is annual base salary plus the actual annual cash incentive award, as opposed to the compensation included under the qualified plans, which is annual base salary only.

For additional information about the defined benefit plan benefit formulas under the SERP, see Table 5: Pension Benefits and accompanying descriptions.

DEFERRED COMPENSATION PLAN

NextEra Energy sponsors a nonqualified, unfunded Deferred Compensation Plan, which allows eligible highly compensated employees, including the NEOs, voluntarily and at their own risk, to elect to defer certain forms of compensation prior to the compensation being earned and vested. NextEra Energy makes this opportunity available to its highly compensated employees, including the XPLR NEOs, as a financial planning tool and an additional method to save for retirement. Deferrals generally result in NextEra Energy deferring its obligation to make cash payments or issue shares of its common stock otherwise due as executive compensation.

Participants in the Deferred Compensation Plan are general creditors of NextEra Energy. For additional information about the Deferred Compensation Plan, see Table 6: Nonqualified Deferred Compensation and accompanying descriptions.

Compensation Committee Report

The Board does not have a compensation committee. The Board, acting in lieu of a compensation committee, has reviewed and discussed the Compensation Discussion & Analysis with management. Based on this review and discussion, the Board recommended that the Compensation Discussion & Analysis set forth above be included in the Company’s proxy statement for the 2026 annual meeting of unitholders.

Respectfully submitted,

By the members of the Board of Directors of

XPLR:

John W. Ketchum

Brian W. Bolster

Robert J. Byrne

Michael H. Dunne

Mark E. Hickson