Evergy Elliott Agreement

(NYSE: EVRG), a vertically integrated, regulated clean electricity provider, today announced that it has entered into an agreement with related companies of Elliott Management Corporation (Elliott), which currently hold an economic stake of approximately 10 million common shares of Evergy. As part of the agreement, two new independent directors will join the Evergy Board of Directors effective March 3, 2020. In addition, the Board of Directors is establishing a new Strategic Review & Operations Committee (the “Committee”) to seek ways to increase shareholder value. Media Contact: Gina Penzig Manager, External Communications Phone: 785-575-8089 Gina.Penzig@evergy.com Media Line: 888-613-0003 In accordance with the agreement, Elliott approved the usual standstill, voting and other arrangements. Evergy`s mission is to enable a better future.

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