Q2 2026 Earnings

EX-99 2 heiexhibit99-8xk08x07x26.htm EX-99 Document HEI Exhibit 99 NEWS RELEASE August 7, 2026 Contact: Mateo Garcia Telephone: (808) 543-7300 Director, Investor Relations E-mail: [email protected] HEI REPORTS SECOND QUARTER 2026 RESULTS • One of Hawaiian Electric’s Largest-Ever Energy Solicitations Submitted for PUC Approval in July; Plan Would Meet Customers’ Growing Energy Needs While Modernizing Generation Fleet to Stabilize and Drive Down Costs • Wildfire Mitigation Plan (WMP) Recovery Approved, Ensuring Critical Investments While Prioritizing Customer Affordability Through Planned Securitization ◦ Recent S&P Ratings Upgrade Acknowledges Progress Made to Implement WMP and Reduce Wildfire Risk Exposure • GAAP Net Income for the Quarter of $123 Million Includes a $101 Million 1 After-tax Non-Cash Gain from Remeasuring the Remaining Wildfire Settlement Liability to Present Value. Core 2 Net I...