Spire Inc. Enters Into Updated Indemnification Agreements for Directors and Officers

Spire Inc. has announced an update to its indemnification agreements for its directors and officers, effective April 29, 2026. The updated agreements, approved by the Board of Directors, aim to provide comprehensive protection against liabilities and expenses incurred in connection with their service to the company. The agreements stipulate that Spire Inc. will indemnify each director and officer to the fullest extent permitted by Missouri law. This includes indemnification for certain liabilities and expenses arising from claims related to their service, as well as the advancement of legal fees and expenses under specified conditions. The company will also ensure continued coverage for indemnitees under its directors' and officers' insurance policies. The agreement details procedures for seeking indemnification and advancement, and it supersedes any prior indemnification agreements between Spire Inc. and its indemnitees. This move is intended to enhance Spire Inc.'s ability to attract and retain qualified individuals for directorships and officer roles by offering robust personal liability protection.