Description December 31
2017 Level 1 Level 2 Level 3 NAV
Westar Energy (millions)
Assets
Nuclear decommissioning trust^(a)(c)

Domestic equity funds $ 73.8
$ —
$ 68.7
$ —
$ 5.1

International equity funds 47.9
—
47.9
—
—

Core bond fund 33.3
—
33.3
—
—

High-yield bond fund 18.1
—
18.1
—
—

Emerging markets bond fund 17.3
—
17.3
—
—

Combination debt/equity/other fund 14.1
—
14.1
—
—

Alternative investments fund 21.7
—
—
—
21.7

Real estate securities fund 10.8
—
—
—
10.8

Cash equivalents 0.1
0.1
—
—
—

Total nuclear decommissioning trust 237.1
0.1
199.4
—
37.6

Rabbi trust^(c)

Core bond fund 27.3
—
27.3
—
—

Combination debt/equity/other fund 6.8
—
6.8
—
—

Cash equivalents 0.2
0.2
—
—
—

Total rabbi trust 34.3
0.2
34.1
—
—

Total $ 271.4
$ 0.3
$ 233.5
$ —
$ 37.6

KCP&L^(d)

Assets
Nuclear decommissioning trust ^(a)

Equity securities $ 183.8
$ 183.8
$ —
$ —
$ —

Debt securities

U.S. Treasury 35.3
35.3
—
—
—

U.S. Agency 0.4
—
0.4
—
—

State and local obligations 2.1
—
2.1
—
—

Corporate bonds 34.1
—
34.1
—
—

Foreign governments 0.1
—
0.1
—
—

Cash equivalents 2.5
2.5
—
—
—

Other 0.1
0.1
—
—
—

Total nuclear decommissioning trust 258.4
221.7
36.7
—
—

Self-insured health plan trust^(b)

Equity securities 0.5
0.5
—
—
—

Debt securities 2.7
0.3
2.4
—
—

Cash and cash equivalents 7.7
7.7
—
—
—

Total self-insured health plan trust 10.9
8.5
2.4
—
—

Total $ 269.3
$ 230.2
$ 39.1
$ —
$ —

Evergy

Assets

Nuclear decommissioning trust^(a)(c)
$ 237.1
$ 0.1
$ 199.4
$ —
$ 37.6

Rabbi trust^(c)
34.3
0.2
34.1
—
—

Total $ 271.4
$ 0.3
$ 233.5
$ —
$ 37.6


^(a)	~~Fair value is based on quoted market prices of the investments held by the trust and/or valuation models.~~


^(b)	Fair value is based on quoted market prices of the investments held by the trust. Debt securities classified as Level 1 are comprised of U.S. Treasury securities. Debt securities classified as Level 2 are comprised of corporate bonds, U.S. Agency, state and local obligations, and other asset-backed securities.

^(c)

In the second quarter of 2018, Evergy and Westar Energy re-evaluated the classification, within the fair value hierarchy, of their various fund investments within both Westar Energy's nuclear decommissioning trust and rabbi trusts. As a result, Evergy and Westar Energy determined that certain fund investments within the nuclear decommissioning trust in the amount of $199.4 million as of December 31, 2017, should have been classified as Level 1, instead of Level 2. This determination is based on the fact that the fair value of these funds is based on daily published prices at which Evergy and Westar Energy are able to redeem their investments without restriction on a daily basis. Evergy and Westar Energy also determined that certain fund investments within their rabbi trusts in the amount of $34.1 million as of December 31, 2017, should have been measured using the net asset value (NAV) per share (or its equivalent) practical expedient, instead of as a Level 2 investment. This determination is based on the fact that these funds do not meet the definition of readily determinable fair value due to the absence of a published NAV. Evergy and Westar Energy have determined that these errors are immaterial to their current and previously filed financial reports and accordingly, have not revised prior periods but have reflected the changes in fair value hierarchy classification as of June 30, 2018.


^(d)	~~KCP&L amounts are not included in consolidated Evergy as of December 31, 2017.~~

Table of Contents

Certain Evergy and ~~Westar Energy~~Evergy Kansas Central investments included in the table above are measured at NAV as they do not have readily determinable fair values. In certain situations, these investments may have redemption restrictions.

The following table provides additional information on these Evergy and ~~Westar Energy~~Evergy Kansas Central investments.


	June 30, 2021				December 31, 2020				June 30, 2021
	Fair		Unfunded		Fair		Unfunded		Redemption	Length of
	Value		Commitments		Value		Commitments		Frequency	Settlement
Evergy Kansas Central
Nuclear decommissioning trust:	(millions)
Domestic equity funds	$	10.1	$	1.7	$	7.6	$	2.2	(a)	(a)
Alternative investments fund(b)	30.2		0		23.2		0		Quarterly	65 days
Real estate securities fund(b)	13.5		0		12.9		0		Quarterly	65 days
Total	$	53.8	$	1.7	$	43.7	$	2.2
Rabbi trust:
Core bond fund	$	0	$	0	$	25.6	$	0	(c)	(c)
Combination debt/equity/other fund	0		0		7.1		0		(c)	(c)
Total	$	0	$	0	$	32.7	$	0
Other Evergy
Rabbi trust:
Fixed income fund	$	0	$	0	$	13.1	$	0	(c)	(c)
Total Evergy investments at NAV	$	53.8	$	1.7	$	89.5	$	2.2

June 30, 2018 December 31, 2017 June 30, 2018
Fair Unfunded Fair Unfunded Redemption Length of
Value Commitments Value Commitments Frequency Settlement
Westar Energy (millions)
Nuclear decommissioning trust:
Domestic equity funds $ 5.3
$ 5.1
$ 5.1
$ 2.8
(a) (a)
Alternative investments fund^(b)
23.2
—
21.7
—
Quarterly 65 days
Real estate securities fund^(b)
11.3
—
10.8
—
Quarterly 65 days
Total $ 39.8
$ 5.1
$ 37.6
$ 2.8

Rabbi trust:
Core bond fund $ 25.2
$ —
$ —
$ —
(c) (c)
Combination debt/equity/other fund 6.3
—
—
—
(c) (c)
Total $ 31.5
$ —
$ —
$ —

Other Evergy
Rabbi trusts:
Fixed income fund^(d)
$ 13.9
$ —
$ —
$ —
(c) (c)
Total Evergy investments at NAV $ 85.2
$ 5.1
$ 37.6
$ 2.8

^(a)

~~This investment is in five~~(a)This investment is in 5 long-term private equity funds that do not permit early withdrawal. Investments in these funds cannot be distributed until the underlying investments have been liquidated, which may take years from the date of initial liquidation. Three funds have begun to make distributions. The initial investment in the fourth and fifth fund occurred in the second quarter of 2016 and first quarter of 2018, respectively. The fourth fund's term is 15 years, subject to the general partner's right to extend the the term for up to three additional one-year periods. The fifth fund's term will be 15 years after the initial closing date, subject to additional extensions approved by the Advisory Committee to provide for an orderly liquidation of fund investments and dissolution of the fund.


^(b)	~~There is a holdback on final redemptions.~~


^(c)	~~This investment can be redeemed immediately and is not subject to any restrictions on redemptions.~~


^(d)	~~This investment is recorded at GMO. GMO amounts are not included in consolidated Evergy as of December 31, 2017.~~

~~Table~~ of ~~Contents~~initial liquidation. NaN funds have begun to make distributions. The initial investment in the fourth and fifth funds occurred in 2016 and 2018, respectively. The fourth fund's term is 15 years, subject to the general partner's right to extend the term for up to 3 additional one-year periods. The fifth fund's term is 15 years, subject to additional extensions approved by a fund advisory committee to provide for an orderly liquidation of fund investments and dissolution of the fund.

(b)There is a holdback on final redemptions.

(c)This investment can be redeemed immediately and is not subject to any restrictions on redemptions.

The Evergy Companies hold equity and debt investments classified as securities in various trusts including for the purposes of funding the decommissioning of Wolf Creek and for the benefit of certain retired executive officers of ~~Westar Energy.~~Evergy Kansas Central. The Evergy Companies record net realized and unrealized gains and losses on the nuclear decommissioning trusts in regulatory liabilities on their consolidated balance sheets and record net realized and unrealized gains and losses on ~~Westar Energy's~~the Evergy Companies' rabbi ~~trust~~trusts in the consolidated statements of income and comprehensive income.

Table of Contents

The following table summarizes the net unrealized gains (losses) for the Evergy Companies' nuclear decommissioning trusts and rabbi trusts.


	Three Months Ended June 30				Year to Date June 30
	2021		2020		2021		2020
Evergy	(millions)
Nuclear decommissioning trust - equity securities	$	34.7	$	53.3	$	67.8	$	(36.0)
Nuclear decommissioning trust - debt securities	1.7		2.3		(3.4)		5.3
Rabbi trusts - equity securities	1.0		2.8		(0.3)		0.8
Total	$	37.4	$	58.4	$	64.1	$	(29.9)
Evergy Kansas Central
Nuclear decommissioning trust - equity securities	$	17.3	$	22.1	$	31.6	$	(16.0)
Rabbi trust - equity securities	0.8		2.6		0		0.5
Total	$	18.1	$	24.7	$	31.6	$	(15.5)
Evergy Metro
Nuclear decommissioning trust - equity securities	$	17.4	$	31.2	$	36.2	$	(20.0)
Nuclear decommissioning trust - debt securities	1.7		2.3		(3.4)		5.3
Total	$	19.1	$	33.5	$	32.8	$	(14.7)

Revenues and Costs MWhs Sold
Year to Date June 30 2018 2017 Change 2018 2017 Change
Retail revenues (millions) (thousands)
Residential $ 401.4
$ 350.9
$ 50.5
3,249
2,747
502
Commercial 325.4
325.3
0.1
3,567
3,432
135
Industrial 185.3
198.7
(13.4 ) 2,725
2,756
(31 )
Other retail revenues 9.9
12.3
(2.4 ) 30
44
(14 )
Total electric retail 922.0
887.2
34.8
9,571
8,979
592
Wholesale revenues 181.3
152.7
28.6
5,477
4,484
993
Transmission revenues 144.1
142.2
1.9
N/A
N/A
N/A
Other revenues 3.7
(0.2 ) 3.9
N/A
N/A
N/A
Operating revenues 1,251.1
1,181.9
69.2
15,048
13,463
1,585
Fuel and purchased power (293.5 ) (225.6 ) (67.9 )
SPP network transmission costs (136.0 ) (122.4 ) (13.6 )
Utility gross margin ^(a)
$ 821.6
$ 833.9
$ (12.3 )


^(a)	~~Utility gross margin is a non-GAAP financial measure. See explanation of utility gross margin under Evergy's Results of Operations.~~

Table of Contents

~~Westar Energy's~~Evergy Kansas Central's utility gross margin ~~decreased $12.3~~increased $158.0 million year to date June 30, ~~2018,~~2021, compared to the same period in ~~2017,~~2020, primarily driven by:

•$95.0 million of non-regulated energy marketing margins recognized during the February 2021 winter weather event;

•a ~~$38.2~~$33.9 million ~~refund obligation for~~increase due to other impacts from the ~~change~~February 2021 winter weather event driven by higher utility gross margin at Evergy Kansas Central's non-regulated 8% ownership share of JEC due to higher wholesale sales prices and MWhs sold in ~~the corporate income tax rate caused by the passage of the Tax Cuts and Jobs Act. See Note 17~~February 2021;

•a $17.3 million increase in transmission revenue primarily due to ~~the consolidated financial statements for additional information; and~~updated transmission costs reflected in Evergy Kansas Central's FERC TFR effective in January 2021;

•a $26.7 million obligation for one-time and annual bill credits as a result of conditions in the KCC merger order. See Note 2 to the consolidated financial statements for additional information; partially offset by

~~a $52.6~~$9.1 million increase primarily due to higher retail sales driven by ~~warmer spring weather~~an increase in weather-normalized commercial and ~~colder winter weather. For~~industrial demand partially offset by a decrease in weather-normalized residential demand; and

•a $2.6 million increase related to Evergy Kansas Central's TDC rider in 2021; partially offset by

•a $10.1 million decrease in revenues due to rate reductions beginning January 1, 2021 in Kansas to reflect the exemption of Evergy Kansas Central from Kansas corporate income taxes.

Evergy Kansas Central Operating and Maintenance

Evergy Kansas Central's operating and maintenance expense increased $22.1 million year to date June 30, ~~2018,~~2021, compared to the same period in ~~2017, cooling degree days increased 69%~~2020, primarily driven by:

•a $14.4 million increase in various administrative and ~~heating degree days increased 27%.~~general operating and maintenance expenses primarily driven by an increase in costs billed for common use assets from Evergy Metro in 2021 primarily related to software assets placed into service in the third quarter of 2020;

~~Westar Energy Other Operating Expenses (including~~•an $8.4 million increase in plant operating and maintenance expense at fossil-fuel generating units primarily due to a $9.2 million increase from a major maintenance outage at JEC in 2021;

•$4.0 million of costs related to non-regulated energy marketing margins recognized during the February 2021 winter weather event;

•$3.7 million of costs associated with executive transition in 2021, including inducement bonuses, severance agreements and other transition expenses; and

•a $1.4 million increase in property insurance expense due to a lower annual refund of nuclear insurance premiums received by Evergy Kansas Central in 2021 related to its ownership interest in Wolf Creek; partially offset by

•an $11.9 million decrease in voluntary severance expenses due to an $8.6 million decrease related to Evergy voluntary exit programs in 2020 and a $3.3 million decrease in voluntary severance expenses related to Wolf Creek voluntary exit programs in 2020; and

•a $2.5 million decrease in credit loss expense primarily due to increases made to the allowance for credit losses in 2020 related to the economic slowdown resulting from the COVID-19 pandemic and a lower level of write-offs in 2021.

Evergy Kansas Central Taxes Other Than Income Tax

Evergy Kansas Central's taxes other than income tax)

~~Westar Energy's other operating expenses~~ increased ~~$76.7~~$4.6 million year to date June 30, ~~2018,~~2021, compared to the same period in ~~2017,~~2020; driven by an increase in property taxes in Kansas primarily ~~driven by:~~due to higher assessed property tax values.

~~$45.1 million~~

Table of ~~merger-related costs incurred in June 2018, consisting of:~~Contents


◦	$39.9 million of change in control payments, voluntary severance and the recording of unrecognized equity compensation costs and the incremental fair value associated with the vesting of outstanding Westar Energy equity compensation awards in accordance with the Amended Merger Agreement; and


◦	~~$19.0 million of merger consulting fees and fees for other outside services incurred, primarily consisting of merger success fees; partially offset by~~


◦	a $13.8 million decrease in operating and maintenance expense due to the net reallocation of incurred merger transition costs between Westar Energy, Evergy, KCP&L and GMO and the subsequent deferral of these transition costs to a regulatory asset in June 2018 for future recovery by Westar Energy in accordance with the KCC merger order; and

$12.3 million of obsolete inventory write-offs for Westar Energy's Unit 7 at Tecumseh Energy Center, Units 3 and 4 at Murray Gill Energy Center and Units 1 and 2 at Gordon Evans Energy Center, which are expected to be retired in the second half of 2018.

~~Westar Energy~~Evergy Kansas Central Other Income ~~Tax Expense~~(Expense), Net

~~Westar Energy's income tax~~Evergy Kansas Central's other expense, net decreased ~~$101.2~~$7.4 million year to dateJune 30, ~~2018,~~2021, compared to the same period in ~~2017,~~2020, primarily driven by:

•a ~~$52.6~~$4.8 million decrease due to higher equity AFUDC primarily due to lower short-term debt and higher construction work in progress balances in 2021;

•a $2.2 million decrease due to recording higher COLI benefits in 2021; and

•$1.4 million of other income recorded in 2021 related to a contract termination fee.

Evergy Kansas Central Interest Expense

Evergy Kansas Central's interest expense decreased $7.3 million year to date June 30, 2021, compared to the same period in 2020, primarily driven by:

•a $2.2 million net decrease due to the repayment of Evergy Kansas Central's $250.0 million of 5.10% FMBs in May 2020, which decreased interest expense by $6.9 million, partially offset by a $4.7 million increase due to the issuance of Evergy Kansas Central's $500.0 million of 3.45% FMBs in April 2020; and

•a $4.6 million decrease in interest on short-term borrowings primarily due to lower commercial paper balances and weighted-average interest rates on borrowings in 2021.

Evergy Kansas Central Income Tax Expense

Evergy Kansas Central's income tax expense decreased $103.6 million year to date June 30, 2021, compared to the same period in 2020, primarily driven by:

•a $109.0 million decrease related to the revaluation of deferred income tax assets and liabilities ~~based on~~in the ~~Evergy composite tax rate as a result~~second quarter of ~~the merger;~~

~~a $40.6 million decrease~~2020 due to ~~lower pre-tax income; and~~the change in the Kansas corporate income tax rate;

•a ~~$12.2~~$13.4 million decrease as a result of the ~~decrease in the federal statutory~~state of Kansas exempting certain public utilities, including Evergy Kansas Central, from Kansas corporate income tax ~~rate~~beginning in ~~2018.~~January 2021;

•a $10.5 million decrease due to flow-through items primarily driven by higher amortization of excess deferred income taxes; and

•a $5.8 million decrease due to higher wind and other income tax credits in 2021; partially offset by

•a $37.0 million increase due to higher Evergy Kansas Central pre-tax income in 2021.

Table of Contents

~~KANSAS CITY POWER & LIGHT COMPANY~~EVERGY METRO, INC.

MANAGEMENT'S NARRATIVE ANALYSIS OF RESULTS OF OPERATIONS

The below results of operations and related discussion for ~~KCP&L~~Evergy Metro is presented in a reduced disclosure format in accordance with General Instruction (H)(2)(a) to Form 10-Q.

The following table summarizes ~~KCP&L's~~Evergy Metro's comparative results of operations.



Year to Date June 30	2021		Change		2020
	(millions)
Operating revenues	$	954.9	$	155.1	$	799.8
Fuel and purchased power	356.1		162.3		193.8
Operating and maintenance	175.1		(29.3)		204.4
Depreciation and amortization	156.8		(7.4)		164.2
Taxes other than income tax	64.6		3.4		61.2
Income from operations	202.3		26.1		176.2
Other expense, net	(8.1)		3.3		(11.4)
Interest expense	55.4		(0.9)		56.3
Income tax expense (benefit)	17.2		37.2		(20.0)
Net income	$	121.6	$	(6.9)	$	128.5

Year to Date
June 30
2018 2017 Change
(millions)
Operating revenues $ 849.3
$ 878.6
$ (29.3 )
Fuel and purchased power 250.0
223.4
26.6
Other operating expenses 286.5
325.2
(38.7 )
Depreciation and amortization 137.1
133.6
3.5
Income from operations 175.7
196.4
(20.7 )
Other income (expense) (11.0 ) (24.6 ) 13.6
Interest expense 67.6
71.2
(3.6 )
Income tax expense 52.3
36.8
15.5
Net income $ 44.8
$ 63.8
$ (19.0 )

~~KCP&L~~Evergy Metro Utility Gross Margin and MWh Sales

The following table summarizes ~~KCP&L's~~Evergy Metro's utility gross margin and MWhs ~~sold.~~sold and provides a reconciliation of utility gross margin to income from operations.


	Revenues and Expenses						MWhs Sold
Year to Date June 30	2021		Change		2020		2021	Change	2020

Retail revenues	(millions)						(thousands)
Residential	$	296.1	$	(34.9)	$	331.0	2,638	49	2,589
Commercial	320.6		(24.2)		344.8		3,523	132	3,391
Industrial	56.0		(7.0)		63.0		809	(12)	821
Other retail revenues	4.9		(1.3)		6.2		36	1	35
Total electric retail	677.6		(67.4)		745.0		7,006	170	6,836
Wholesale revenues	213.3		206.3		7.0		1,743	(920)	2,663
Transmission revenues	8.5		1.6		6.9		N/A	N/A	N/A
Other revenues	55.5		14.6		40.9		N/A	N/A	N/A
Operating revenues	954.9		155.1		799.8		8,749	(750)	9,499
Fuel and purchased power	(356.1)		(162.3)		(193.8)
Utility gross margin (a)	598.8		(7.2)		606.0
Operating and maintenance	(175.1)		29.3		(204.4)
Depreciation and amortization	(156.8)		7.4		(164.2)
Taxes other than income tax	(64.6)		(3.4)		(61.2)
Income from operations	$	202.3	$	26.1	$	176.2

Revenues and Costs MWhs Sold
Year to Date June 30 2018 2017 Change 2018 2017 Change
Retail revenues (millions) (thousands)
Residential $ 341.9
$ 318.0
$ 23.9
2,789
2,383
406
Commercial 378.1
394.9
(16.8 ) 3,820
3,621
199
Industrial 66.3
74.0
(7.7 ) 857
860
(3 )
Other retail revenues 5.0
5.4
(0.4 ) 38
38
—
Total electric retail 791.3
792.3
(1.0 ) 7,504
6,902
602
Wholesale revenues 8.6
52.0
(43.4 ) 2,139
3,759
(1,620 )
Transmission revenues 7.2
8.4
(1.2 ) N/A
N/A
N/A
Other revenues 42.2
25.9
16.3
N/A
N/A
N/A
Operating revenues 849.3
878.6
(29.3 ) 9,643
10,661
(1,018 )
Fuel and purchased power (250.0 ) (223.4 ) (26.6 )
Utility gross margin ^(a)
$ 599.3
$ 655.2
$ (55.9 )

(a)Utility gross margin is a non-GAAP financial measure. See explanation of utility gross margin under Evergy's Results of Operations.


^(a)	~~Utility gross margin is a non-GAAP financial measure. See explanation of utility gross margin under Evergy's Results of Operations.~~

~~KCP&L's~~Evergy Metro's utility gross margin decreased ~~$55.9~~$7.2 million year to date June 30, ~~2018~~2021, compared to the same period in ~~2017,~~2020, primarily driven by:

~~a $39.8~~•an $11.4 million ~~refund obligation for~~decrease due to impacts from the ~~change~~February 2021 winter weather event primarily driven by jurisdictional allocation differences currently present between Evergy Metro's fuel recovery mechanisms in ~~the corporate income tax rate caused by the passage of the Tax Cuts and Jobs Act. See Note 17 to the consolidated financial statements for additional information;~~

~~$32.3 million of sales taxes and franchise fees collected from KCP&L Missouri customers in 2017, which as part of KCP&L's adoption of ASC 606, are now presented net in revenue in 2018; and~~

Table of Contents

Missouri and Kansas regarding its refund to customers for the net increase in wholesale revenues in February 2021; and

•a ~~$23.6~~$4.1 million ~~obligation for one-time and annual bill credits as~~decrease in revenues due to a ~~result of conditions~~rate reduction beginning January 1, 2021 in ~~the MPSC and KCC merger orders. See Note 2~~Kansas to ~~the consolidated financial statements for additional information;~~reflect Evergy Metro's exemption from Kansas corporate income taxes; partially offset by

~~a $39.8~~•an $8.3 million increase primarily due to higher retail sales driven by ~~warmer spring~~favorable weather (heating degree days increased by 4% and ~~colder winter weather. For~~cooling degree days increased by 10%).

Evergy Metro Operating and Maintenance

Evergy Metro's operating and maintenance expense decreased $29.3 million year to date June 30, ~~2018,~~2021, compared to the same period in ~~2017, cooling degree days increased 63%~~2020, primarily driven by:

•a $9.1 million decrease in voluntary severance expenses due to a $5.8 million decrease related to Evergy voluntary exit programs in 2020 and ~~heating degree days increased 29%.~~a $3.3 million decrease in voluntary severance expenses related to Wolf Creek voluntary exit programs in 2020;

~~KCP&L Other Operating Expenses (including~~•a $7.8 million decrease in various administrative and general operating and maintenance expenses primarily driven by an increase in costs billed for common use assets to Evergy Kansas Central in 2021 primarily related to software assets placed into service in the third quarter of 2020;

•a $4.4 million decrease in credit loss expense primarily due to increases made to the allowance for credit losses in 2020 related to the economic slowdown resulting from the COVID-19 pandemic and ~~taxes~~a lower level of write-offs in 2021; and

•a $1.7 million decrease in various transmission and distribution operating and maintenance expenses primarily due to lower contractor costs primarily driven by a higher mix of transmission capital projects in 2021 and a $0.7 million decrease in vegetation management costs in 2021; partially offset by

•$2.4 million of costs associated with executive transition in 2021, including inducement bonuses, severance agreements and other ~~than income tax~~)transition expenses; and

~~KCP&L's~~•a $1.3 million increase in property insurance expense due to a lower annual refund of nuclear insurance premiums received in 2021 by Evergy Metro related to its ownership interest in Wolf Creek.

Evergy Metro Other Expense, Net

Evergy Metro's other ~~operating expenses~~expense, net decreased ~~$38.7~~$3.3 million ~~for the~~ year to date June 30, ~~2018,~~2021, compared to the same period in ~~2017, primarily~~2020, driven ~~by:~~

by a ~~$29.5~~$4.7 million ~~decrease~~increase in ~~taxes other than income tax~~equity AFUDC primarily due to ~~sales taxes~~lower short-term debt and ~~franchise fees collected from KCP&L Missouri customers~~higher construction work in ~~2017, which, as part of KCP&L's adoption of ASC 606,~~ ~~Revenue from Contracts with Customers, are now presented net~~progress balances in ~~revenue in 2018; and~~

2021.

~~a $23.2 million decrease in operating and maintenance~~Evergy Metro Interest Expense

Evergy Metro's interest expense due to the net reallocation of incurred merger transition costs between KCP&L, Evergy, Westar Energy and GMO and the subsequent deferral of these transition costs to a regulatory asset in June 2018 for future recovery by KCP&L in accordance with the KCC and MPSC merger orders; partially offset by

~~a $4.8 million increase in transmission and distribution operating and maintenance expense; and~~

~~a $3.1 million increase in injuries and damages expense primarily due to an increase in estimated worker's compensation losses.~~

~~KCP&L Other Income (Expense)~~

~~KCP&L's other income (expense)~~ decreased ~~$13.6~~$0.9 million year to date June 30, ~~2018,~~2021, compared to the same period in ~~2017,~~2020, primarily driven by ~~an $11.4~~a $0.7 million ~~decrease~~increase in ~~pension non-service costs~~debt AFUDC primarily due to ~~KCP&L's adoption of ASU 2017-07,~~ ~~Compensation-Retirement Benefits,~~ ~~which requires the non-service cost components to be reported separately from service costs and outside of a subtotal of income from operations~~. ~~For retrospective application of the 2017 non-service cost components, KCP&L utilized the practical expedient that allows for the use of the amounts disclosed~~higher construction work in ~~a company's pension and other post-retirement benefit plan footnote as the estimation basis for retrospective presentation. The 2017 amounts disclosed~~progress balances in KCP&L's pension and other post-retirement benefit plan footnote are presented prior to the effects of capitalization and sharing with joint owners of power plants. See Note 1 and Note 7 to the consolidated financial statements for additional information.2021.

~~KCP&L~~Evergy Metro Income Tax Expense

~~KCP&L's~~Evergy Metro's income tax expense increased ~~$15.5~~$37.2 million year to date June 30, ~~2018,~~2021, compared to the same period in ~~2017,~~2020, primarily driven by:

•a ~~$51.0~~$32.2 million increase related to the revaluation of deferred income tax assets and liabilities ~~based on~~in the second quarter of 2020 due to the change in the Kansas corporate income tax rate; and

•a $9.6 million increase due to higher Evergy ~~composite tax rate~~Metro pre-tax income in 2021; partially offset by

•a $5.7 million decrease as a result of the ~~merger; partially offset by~~

~~a $12.5 million decrease in~~state of Kansas exempting certain public utilities, including Evergy Metro, from Kansas corporate income tax ~~expense as a result~~beginning in 2021.

Table of ~~the decrease in the federal statutory income tax rate in 2018; and~~Contents

~~a $15.5 million decrease related to the revaluation of deferred income tax assets and liabilities as a result of the enactment of Missouri state income tax reform in June 2018.~~

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

In the ordinary course of business, Evergy faces risks that are either non-financial or non-quantifiable. Such risks principally include business, legal, operational and credit risks and are discussed elsewhere in this report as well as in the Evergy Companies' combined 2020 Form 10-K and therefore are not represented here.

Evergy's interim period disclosures about market risk included in quarterly reports on Form 10-Q address material changes, if any, from the ~~following analysis. See~~most recently filed annual report on Form 10-K. Therefore, these interim period disclosures should be read in conjunction with Part II, Item ~~1A,~~7A, Quantitative and Qualitative Disclosures About Market Risk ~~Factors and Part I, Item 2, MD&A for further discussion of risk factors.~~

~~Table of Contents~~

The Evergy Companies are exposed to market risks associated with commodity price and supply, interest rates and equity prices. Commodity price risk is the potential adverse price impact related to the purchase or sale of electricity and energy-related products. Credit risk is the potential adverse financial impact resulting from non-performance by a counterparty of its contractual obligations. Interest rate risk is the potential adverse financial impact related to changesincluded in ~~interest rates. In addition, Evergy's investments in trusts to fund nuclear plant decommissioning and to fund non-qualified retirement benefits give rise to security price risk.~~

Management has established risk management policies and strategies to reduce the potentially adverse effects that the volatility of the markets may have on Evergy's operating results. During the ordinary course of business, under the direction and control of an internal commodity risk committee, the Evergy Companies' hedging strategies are reviewed to determine the hedging approach deemed appropriate based upon the circumstances of each situation. Though management believes its risk management practices are effective, it is not possible to identify and eliminate all risk. Evergy could experience losses, which could have a material adverse effect on its results of operations or financial position, due to many factors, including unexpectedly large or rapid movements or disruptions in the energy markets, regulatory-driven market rule changes and/or bankruptcy or non-performance of customers or counterparties, and/or failure of underlying transactions that have been hedged to materialize.combined 2020 Form 10-K.

~~Hedging Strategies~~

From time to time, Evergy utilizes derivative instruments to execute risk management and hedging strategies. Derivative instruments, such as futures, forward contracts, swaps or options, derive their value from underlying assets, indices, reference rates or a combination of these factors. These derivative instruments include negotiated contracts, which are referred to as over-the-counter derivatives, and instruments listed and traded on an exchange.

~~Commodity Price Risk~~

The Evergy Companies engage in the wholesale and retail marketing of electricity and are exposed to risk associated with the price of electricity and other energy-related products. Exposure to these risks is affected by a number of factors including the quantity and availability of fuel used for generation and the quantity of electricity customers consume. Customers' electricity usage could also vary from year to year based on the weather or other factors. Quantities of fossil fuel used for generation vary from year to year based on the availability, price and deliverability of a given fuel type as well as planned and unplanned outages at facilities that use fossil fuels. Evergy's exposure to fluctuations in these factors is limited by the cost-based regulation of its regulated operations in Kansas and Missouri as these operations are typically allowed to recover substantially all of these costs through cost-recovery mechanisms, primarily through fuel recovery mechanisms. While there may be a delay in timing between when these costs are incurred and when they are recovered through rates, changes from year to year generally do not have a material impact on operating results.

~~Interest Rate Risk~~

Evergy manages interest rate risk and short- and long-term liquidity by limiting its exposure to variable interest rate debt to a percentage of total debt, diversifying maturity dates and, from time to time, entering into interest rate hedging transactions. At June 30, 2018, 4% of Evergy's long-term debt was variable rate debt. Evergy computes and presents information regarding the sensitivity to changes in interest rates for variable rate debt and current maturities of fixed rate debt by assuming a 100 basis point change in the current interest rates applicable to such debt over the remaining time the debt is outstanding.

Evergy had $2,197.4 million of variable rate debt, including notes payable and commercial paper, and current maturities of fixed rate debt as of June 30, 2018. A 100 basis point change in interest rates applicable to this debt would impact income before income taxes on an annualized basis by approximately $17.7 million.

~~Credit Risk~~

Evergy is exposed to counterparty credit risk largely in the form of accounts receivable from its retail and wholesale electric customers and through executory contracts with market risk exposure. The credit risk associated with accounts receivable from retail and wholesale customers is largely mitigated by Evergy's large number of individual customers spread across diverse customer classes and the ability to recover bad debt expense in customer rates. The

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~~Evergy Companies maintain credit policies and employ credit risk control mechanisms, such as letters of credit, when necessary to minimize their overall credit risk and monitor exposure.~~

~~Investment Risk~~

Evergy maintains trust funds, as required by the NRC, to fund its 94% share of decommissioning the Wolf Creek nuclear power plant and also maintains trusts to fund pension benefits as well as certain non-qualified retirement benefits. As of June 30, 2018, these funds were primarily invested in a diversified mix of equity and debt securities and reflected at fair value on Evergy's balance sheet. The equity securities in the trusts are exposed to price fluctuations in equity markets and the value of debt securities are exposed to changes in interest rates and other market factors.

As nuclear decommissioning costs are currently recovered in customer rates, Evergy defers both realized and unrealized gains and losses for the vast majority of these securities as an offset to its regulatory asset for decommissioning Wolf Creek and as such, fluctuations in the value of these securities do not have a material impact on Evergy's earnings. A significant decline in the value of pension or non-qualified retirement assets could require Evergy to increase funding of its pension plans in future periods, which could adversely affect cash flows in those periods. In addition, a decline in the fair value of these plan assets, in the absence of additional cash contributions to the plans by Evergy, could increase the amount of pension cost required to be recorded in future periods by Evergy.

ITEM 4. CONTROLS AND PROCEDURES

EVERGY

Disclosure Controls and Procedures

Evergy carried out an evaluation of its disclosure controls and procedures (as defined in Rules 13a-15(e) orand 15d-15(e) under the ~~Securities Exchange Act of 1934, as amended (the~~ Exchange Act)). This evaluation was conducted under the supervision, and with the participation, of Evergy's management, including the chief executive officer and chief financial officer, and Evergy's disclosure committee. Based upon this evaluation, the chief executive officer and chief financial officer of Evergy have concluded as of the end of the period covered by this report that the disclosure controls and procedures of Evergy were effective at a reasonable assurance level.

Changes in Internal Control Over Financial Reporting

~~Effective June 4, 2018, pursuant to the merger transaction, Westar Energy and KCP&L became wholly-owned subsidiaries of Evergy. Evergy~~There has ~~designed~~been no change in Evergy’s internal control over financial reporting ~~for itself, while maintaining~~(as defined in Rules 13a-15(f) and 15d-15(f) of the ~~internal control over financial reporting for its wholly-owned subsidiaries, Westar Energy and KCP&L.~~

~~As of May 7, 2018, KCP&L implemented a new customer billing system~~Exchange Act) that ~~will change~~occurred during the quarterly period ended June 30, 2021, that has materially affected, or is reasonably likely to materially affect, its internal control over financial reporting. ~~In connection with this implementation, Evergy has updated its internal controls over financial reporting, as necessary, to accommodate modifications to its business processes.~~

~~WESTAR ENERGY~~

EVERGY KANSAS CENTRAL

Disclosure Controls and Procedures

~~Westar Energy~~Evergy Kansas Central carried out an evaluation of its disclosure controls and procedures (as defined in Rules 13a-15(e) orand 15d-15(e) under the Exchange Act). This evaluation was conducted under the supervision, and with the participation, of ~~Westar Energy's~~Evergy Kansas Central's management, including the chief executive officer and chief financial officer, and ~~Westar Energy's~~Evergy Kansas Central's disclosure committee. Based upon this evaluation, the chief executive officer and chief financial officer of ~~Westar Energy~~Evergy Kansas Central have concluded as of the end of the period covered by this report that the disclosure controls and procedures of ~~Westar Energy~~Evergy Kansas Central were effective at a reasonable assurance level.

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Changes in Internal Control Over Financial Reporting

There has been no change in ~~Westar Energy's~~Evergy Kansas Central’s internal control over financial reporting (as defined in ~~Rule~~Rules 13a-15(f) and 15d-15(f) of the Exchange Act) that occurred during the quarterly period ended June 30, ~~2018,~~2021, that has materially affected, or is reasonably likely to materially affect, its internal control over financial reporting.

~~KCP&L~~

EVERGY METRO

Disclosure Controls and Procedures

~~KCP&L~~Evergy Metro carried out an evaluation of its disclosure controls and procedures (as defined in Rules 13a-15(e) orand 15d-15(e) under the Exchange Act). This evaluation was conducted under the supervision, and with the participation, of ~~KCP&L's~~Evergy Metro's management, including the chief executive officer and chief financial officer, and ~~KCP&L's~~Evergy Metro's disclosure committee. Based upon this evaluation, the chief executive officer and chief financial officer of ~~KCP&L~~Evergy Metro have concluded as of the end of the period covered by this report that the disclosure controls and procedures of ~~KCP&L~~Evergy Metro were effective at a reasonable assurance level.

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Changes in Internal Control Over Financial Reporting

As of May 7, 2018, KCP&L implemented a new customer billing system that will change its internal control over financial reporting. In connection with this implementation, KCP&L has updated its internal controls over financial reporting, as necessary, to accommodate modifications to its business processes.

~~Except as described above, there~~There has been no change in ~~KCP&L's~~Evergy Metro’s internal control over financial reporting (as defined in ~~Rule~~Rules 13a-15(f) and 15d-15(f) of the Exchange Act) that occurred during the quarterly period ended June 30, ~~2018,~~2021, that has materially affected, or is reasonably likely to materially affect, its internal control over financial reporting.

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PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Other Proceedings

The Evergy Companies are parties to various lawsuits and regulatory proceedings in the ordinary course of their respective businesses. For information regarding material lawsuits and proceedings, see Notes ~~2, 5~~4 and 1210 to the consolidated financial statements. Such information is incorporated herein by reference.

ITEM 1A. RISK FACTORS

Actual results in future periods for the Evergy Companies could differ materially from historical results and the forward-looking statements contained in this report. The business of the Evergy Companies is influenced by many factors that are difficult to predict, involve uncertainties that may materially affect actual results and are often beyond their control. Additional risks and uncertainties not presently known or that management currently believes to be immaterial may also adversely affect the Evergy Companies. Factors that might cause or contribute to such differences include, but are not limited to, those discussed in Part I, Item 1A, Risk Factors included in the ~~2017~~2020 Form 10-K for each of ~~Great Plains Energy, Westar Energy~~Evergy, Evergy Kansas Central and ~~KCP&L. Except~~Evergy Metro, as ~~described below, there~~well as Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed by Evergy, Evergy Kansas Central and Evergy Metro. There have been no material changes with regards to those risk factors. This information, as well as the other information included in this report and in the other documents filed with the SEC, should be carefully considered before making an investment in the securities of the Evergy Companies. Risk factors of ~~KCP&L~~Evergy Kansas Central and ~~Westar Energy~~Evergy Metro are also risk factors of ~~the Evergy Companies.~~

~~Evergy will incur significant costs in connection with the integration of Great Plain Energy and Westar Energy.~~

Evergy has incurred, and expects to incur additional, significant costs associated with combining the operations of Great Plains Energy and Westar Energy. Additional unanticipated costs may also be incurred in the integration of the businesses of Great Plains Energy and Westar Energy. Any net benefit from the anticipated elimination of duplicative costs, as well as the realization of other efficiencies related to the integration of the businesses, may not be achieved in the near term or at all. Integration costs could have a material adverse impact on the results of

~~Table of Contents~~

Evergy, and the failure to achieve the anticipated benefits and efficiencies from the merger, or the incurrence of additional expenses, could have a material adverse impact on the results of operations of Evergy and its ability to pay dividends in the future.

~~The anticipated benefits of the merger may not be realized.~~

Evergy expects the merger to produce various benefits, including, among other things, operating efficiencies and cost savings. However, achieving the anticipated benefits is subject to a number of uncertainties, including:

~~the ability to efficiently and effectively combine operations of the merged companies;~~

~~general market and economic conditions;~~

~~general competitive factors in the marketplace; and~~

~~higher than expected costs required to achieve the anticipated benefits of the merger.~~

No assurance can be given that these benefits will be achieved or, if achieved, the timing of their achievement. Failure to achieve these anticipated benefits could result in increased costs and decreases in the amount of expected revenues or net income of the combined company. In addition, Evergy may encounter difficulties in integrating the operations of the companies, including inconsistencies in standards, systems and controls, and management’s focus and resources may be diverted from ordinary business activities and opportunities to focus on integration. Any of the foregoing could have a material adverse effect on Evergy.

~~The price of Evergy common stock may experience volatility.~~

The price of Evergy common stock may be volatile. Some of the factors that could affect the price of Evergy common stock are quarterly increases or decreases in revenue or earnings, changes in revenue or earnings estimates by the investment community, the ability of Evergy to implement its integration strategy and to realize the expected synergies and other benefits from the merger, the ability of Evergy to implement its share repurchase program and speculation in the press or investment community about Evergy's financial condition or results of operations. General market conditions and U.S. economic factors and political events unrelated to the performance of Evergy may also affect its stock price. For these reasons, shareholders should not rely on historical trends in the price of Great Plains Energy or Westar Energy common stock to predict the price of Evergy's common stock or its financial results.

~~Capital and credit market conditions may adversely impact Evergy's share repurchase program.~~

Evergy expects to repurchase a significant number of shares over the next several years using a combination of existing cash on the balance sheet, internally generated cash, proceeds from capital markets activities and short-term debt. Disruptions in capital and credit markets, credit rating actions and volatility in the market price of Evergy’s common stock may make capital more difficult and costly to obtain, may restrict liquidity and may adversely impact the ability to execute the share repurchase program in a timely or cost-effective manner.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

~~None.~~Purchases of Equity Securities

The following table provides information regarding purchases by Evergy of its equity securities that are registered pursuant to Section 12 of the Exchange Act during the three months ended June 30, 2021.


Issuer Purchases of Equity Securities
Month	Total Number of Shares (or Units) Purchased(a)	Average Price Paid per Share (or Unit)	Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs	Maximum Number of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs
April 1 - 30	—	—	—	—
May 1 - 31	1,241	$62.12	—	—
June 1 - 30	9,385	$62.15	—	—
Total	10,626	$62.15	—	—

(a) Represents shares Evergy purchased for withholding taxes related to the vesting of restricted stock units.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

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ITEM 5. OTHER INFORMATION

Available Information

The SEC maintains an internet site that contains reports, proxy and information statements and other information regarding issuers that file electronically with the SEC at sec.gov. Additionally, information about the Evergy Companies, including their combined annual reports on Form 10-K, combined quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed with the SEC, is also available through the Evergy Companies' website, www.evergy.com. Such reports are accessible at no charge and are made available as soon as reasonably practical after such material is filed with or furnished to the SEC.

Investors should note that the Evergy Companies announce material financial information in SEC filings, press releases and public conference calls. In accordance with SEC ~~guidance,~~guidelines, the Evergy ~~Westar Energy and KCP&L may~~Companies also use the Investor Relations section of ~~Evergy's~~their website, ~~(www.evergyinc.com)~~www.evergy.com, to communicate with ~~investors about the Evergy Companies.~~investors. It is possible that the financial and other information posted there could be deemed

~~Table of Contents~~

to be material information. ~~The Investors Relations section of the website also contains historical financial and other information relating to Great Plains Energy and Westar.~~ The information on the Evergy Companies' website is not part of this document.

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ITEM 6. EXHIBITS

Exhibit

Number

Description of Document

Registrant

4.1

Note Purchase Agreement, dated April 20, 2021, among Evergy Missouri West, Evergy and the purchasers party thereto (Exhibit 4.1 to Evergy's Current Report on Form 8-K filed on April 20, 2021).

Evergy

10.1

Registration Rights Agreement, dated April 14, 2021, by and between Evergy, Inc. and BEP Special Situations V LLC (Exhibit 10.1 to Form 8-K filed on April 14, 2021).

Evergy

10.2

Warrant No. 1 issued by Evergy, Inc. on April 14, 2021 (Exhibit 10.2 to Form 8-K filed on April 14, 2021).

Evergy

10.3

Guaranty Agreement, dated April 20, 2021, issued by Evergy in favor of the holders of Evergy Missouri West, Inc.'s 2.86% Series A Senior Notes due 2031, 3.01% Series B Senior Notes due 2033 and 3.21% Series C Senior Notes due 2033 (Exhibit 10.1 to Evergy's Current Report on Form 8-K filed on April 20, 2021).

Evergy

10.4

Guaranty Agreement, dated April 20, 2021, issued by Evergy in favor of the holders of Evergy Missouri West, Inc.'s 3.49% Senior Notes , Series A, due 2025, 4.06% Senior Notes , Series B, due 2033 and 4.74% Senior Notes , Series C, due 2043 (Exhibit 10.2 to Evergy's Current Report on Form 8-K filed on April 20, 2021).

Evergy

10.5

Guaranty Agreement, dated April 20, 2021, issued by Evergy in favor of the holders of Evergy Missouri West, Inc.'s 3.74% Senior Notes due 2022 (Exhibit 10.3 to Evergy's Current Report on Form 8-K filed on April 20, 2021).

Evergy

~~Exhibit~~

~~Number~~

~~Description of Document~~

~~Registrant~~

31.1

~~3.1~~

~~Evergy, Inc. Amended and Restated Articles~~Rule 13a-14(a)/15d-14(a) Certification of ~~Incorporation (filed as Exhibit 3.1 to Evergy’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-38515)).~~David A. Campbell.

Evergy

~~3.2~~

~~Evergy, Inc. Amended and Restated By-laws (filed as Exhibit 3.2 to Evergy’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-38515)).~~

~~Evergy~~

~~3.3~~

~~Westar Energy, Inc. Amended and Restated Articles of Incorporation.~~

~~Westar Energy~~

~~3.4~~

~~Westar Energy, Inc. Amended and Restated By-laws.~~

~~Westar Energy~~

~~4.1~~

Sixth Supplemental Indenture, dated as of June 4, 2018, by and among Great Plains Energy Incorporated, Evergy, Inc. and The Bank of New York Mellon Trust Company, N.A. (formerly The Bank of New York Trust Company, N.A.) (as successor to BNY Midwest Trust Company), as trustee (filed as Exhibit 4.1 to Evergy’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-38515)).

~~Evergy~~

~~4.2~~

Supplemental Indenture No. 3, dated as of June 4, 2018, by and among Great Plains Energy Incorporated, Evergy, Inc. and The Bank of New York Mellon Trust Company, N.A., as trustee (filed as Exhibit 4.2 to Evergy’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-38515)).

~~Evergy~~

~~4.3~~

Form of Forty-Eighth Supplemental Indenture, dated as of June 4, 2018, by and among Westar Energy, Inc. and The Bank of New York Mellon Trust Company, N.A., as successor to Harris Trust and Savings Bank (filed as Exhibit 4.1 to Westar’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-03523)).

~~Westar Energy~~

~~10.1~~

Assumption Agreement, dated as of June 4, 2018, between Evergy, Inc. and Wells Fargo Bank, National Association, as administrative agent (filed as Exhibit 10.1 to Evergy’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-38515)).

~~Evergy~~

~~10.2~~

Evergy, Inc. Long-Term Incentive Plan (formerly named the Great Plains Energy Incorporated Long-Term Incentive Plan, as amended), effective as of June 4, 2018 (filed as Exhibit 99.1 to Evergy’s Registration Statement on Form S-8 filed on June 15, 2018 (File No. 333-225673).

~~Evergy~~
~~Westar Energy~~
~~KCP&L~~

~~10.3~~

Great Plains Energy Incorporated Form of Restricted Share Units Award (Grant Date June 3, 2018) (filed as Exhibit 10.1 to Great Plains Energy Incorporated’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-32206)).

~~Evergy~~
~~KCP&L~~

~~10.4~~

Great Plains Energy Incorporated Form of Cash Retention Payment Agreement (Grant Date June 3, 2018) (filed as Exhibit 10.2 to Great Plains Energy Incorporated’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-32206)).

~~Evergy~~
~~KCP&L~~

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~~10.5~~31.2

~~Westar Energy, Inc. Form of Restricted Share Units Award (Grant Date June 3, 2018) (filed as Exhibit 10.1 to Westar’s Current Report on Form 8-K filed on June 4, 2018 (File No. 001-03523))~~

~~Evergy~~
~~Westar Energy~~

~~10.6~~

~~Evergy, Inc. Supplemental Executive Retirement Plan, effective as of June 4, 2018.~~

~~Evergy~~

~~10.7~~

~~Evergy, Inc. Nonqualified Deferred Compensation Plan, effective as of June 4, 2018.~~

~~Evergy~~

~~10.8~~

~~Westar Energy, Inc. Non-Employee Director Deferred Compensation Plan, as amended and restated effective as of May 17, 2018.~~

~~Evergy~~
~~Westar Energy~~

~~10.9~~

~~Summary of Evergy, Inc. Non-Employee Director Compensation.~~

~~Evergy~~

~~31.1~~

Rule 13a-14(a)/15d-14(a) Certification of ~~Terry Bassham.~~Kirkland B. Andrews.

Evergy

~~31.2~~31.3

Rule 13a-14(a)/15d-14(a) Certification of ~~Anthony D. Somma.~~David A. Campbell.

Evergy Metro

~~31.3~~31.4

Rule 13a-14(a)/15d-14(a) Certification of ~~Terry Bassham.~~Kirkland B. Andrews.

~~Westar Energy~~Evergy Metro

~~31.4~~31.5

Rule 13a-14(a)/15d-14(a) Certification of ~~Anthony D. Somma.~~David A. Campbell.

~~Westar Energy~~Evergy Kansas Central

~~31.5~~31.6

Rule 13a-14(a)/15d-14(a) Certification of ~~Terry Bassham.~~Kirkland B. Andrews.

~~KCP&L~~Evergy Kansas Central

~~31.6~~32.1

~~Rule 13a-14(a)/15d-14(a) Certification of Anthony D. Somma.~~

~~KCP&L~~

~~32.1~~

Section 1350 Certifications.

Evergy

32.2

Section 1350 Certifications.

~~Westar Energy~~Evergy Metro

32.3

Section 1350 Certifications.

~~KCP&L~~Evergy Kansas Central

101.INS

***

XBRL Instance Document.

~~Evergy~~
~~Westar Energy~~
~~KCP&L~~n/a

101.SCH

Inline XBRL Taxonomy Extension Schema Document.