Evergy, Inc.

Item 1.01 Entry into a Material Definitive Agreement Item 1.01 On June 30, 2026, Evergy, Evergy Missouri West, Inc., a subsidiary of Evergy (“Evergy Missouri West”), Evergy Metro and Evergy Kansas Central (each a “Borrower” and collectively, the “Borrowers”) entered into a Credit Agreement (the “Credit Facility”) with the several lenders referred to therein, Wells Fargo Bank, National Association, as Administrative Agent, Swingline Lender and Issuing Lender, and the other issuing lenders and agents party thereto. The Credit Facility includes a master revolving credit facility and provides for maximum borrowings of up to $3.5 billion in the aggregate outstanding at any time, including the issuance of letters of credit and swingline loans up to maximum aggregate amounts of $200 million and $250 million, respectively, outstanding at any time. So long as there is no default or unmatured default under the Credit Facility, the Borrowers may elect to increase the commitments under the Credit Facility by up to an additional aggregate principal amount of $1 billion by increasing the commitment of one or more lenders who have agreed to such increase. The Credit Facility matures on June 30, 2031. So long as there is no default or unmatured default under the Credit Facility and subject to the accuracy of the representations and warranties in the Credit Facility as of the applicable extension date, the Borrowers may elect to extend the Credit Facility on up to two occasions for additional one-year terms on each such extension date, subject to lender participation. The Credit Facility also contains customary affirmative and negative covenants, including one that sets the ratio of maximum allowed total indebtedness to total capitalization at (i) 0.65 to 1.0, for Evergy Kansas Central, Evergy Metro and Evergy Missouri West, and (ii) at 0.675 to 1.0, for Evergy. The lenders that are party to the Credit Facility or their affiliates have in the past performed, currently perform and may in the future from time to time perform, investment banking, financial advisory, lending and/or commercial banking services for Evergy, Evergy Kansas Central, Evergy Metro, Evergy Missouri West and certain of their respective subsidiaries and affiliates, for which service they have in the past received, currently receive and may in the future receive, customary compensation and reimbursement of expenses. The description above is only a summary of the material provisions of the Credit Facility and does not purport to be complete and is qualified in its entirety by reference to the provisions in such Credit Facility, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 1.02 Termination of a Material Definitive Agreement On June 30, 2026, concurrently with the execution of the Credit Fa cili ty described in Item 1.01 above, (i) Evergy, Evergy Kansas Central, Evergy Missouri West, and Evergy Metro terminated the $2.5 billion Amended and Restated Credit Agreement, dated as of August 31, 2021, among Evergy, Evergy Metro, Evergy Missouri West, Evergy Kansas Central, the several lenders from time to time parties thereto, Wells Fargo Bank, National Association, as Administrative Agent, Swingline Lender and Issuing Lender and the other issuing lenders and agents party thereto, which was to mature on August 31, 2028, and (ii) Evergy terminated the $1 billion Delayed Draw Term Loan Credit Agreement, dated as of May 5, 2026, among Evergy, the several lenders party thereto, and Wells Fargo Bank, National Association, as Administrative Agent, the commitments under which were due to expire on August 10, 2026. Evergy, Evergy Kansas Central, Evergy Missouri West, and Evergy Metro incurred no early termination penalties as a result of such terminations.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Off-Balance The information set forth under Item 1.01 above is inc orpo rated herein by reference.