What changed in this filing

/stocks — the workspaceLOADING

Item 9A. Controls and Procedures

2026-02-19 compared with 2025-02-20 · 60 added, 41 removed, 544 unchanged (16% of the section changed)

17 unchanged sentences

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the shareholders and the Board of Directors of

IDACORP, Inc.

To the shareholders and the Board of Directors of IDACORP, Inc.

Opinion on Internal Control over Financial Reporting

38 unchanged sentences

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the shareholder and the Board of Directors of

Idaho Power Company

To the shareholder and the Board of Directors of Idaho Power Company

Opinion on Internal Control over Financial Reporting

30 unchanged sentences

The portions of IDACORP’s definitive proxy statement appearing under the captions “Proposal No.

Election of Directors,” “Board of Directors - Committees of the Board of Directors - Audit Committee,” “Corporate Governance at IDACORP - Codes of Business Conduct,” “Corporate Governance at IDACORP - Insider Trading Policy,” and "Corporate Governance at IDACORP - Certain Relationships and Related Transactions" to be filed pursuant to Regulation 14A for the 2025 annual meeting of shareholders are hereby incorporated by reference.

Election of Directors,” “Delinquent Section 16(a) Reports,” “Board of Directors - Committees of the Board of Directors - Audit Committee,” “Corporate Governance at IDACORP - Codes of Business Conduct,” “Corporate Governance at IDACORP - Insider Trading Policy,” and "Corporate Governance at IDACORP - Certain Relationships and Related Transactions" to be filed pursuant to Regulation 14A for the 2026 annual meeting of shareholders are hereby incorporated by reference.

Information regarding IDACORP’s executive officers required by this item appears in Item 1 of this report under “Executive Officers of the Registrants.”

24 unchanged sentences

The portion of IDACORP’s definitive proxy statement appearing under the caption “Independent Accountant Billings” in the proxy statement to be filed pursuant to Regulation 14A for the 2026 annual meeting of shareholders is hereby incorporated by reference.

The table below presents the aggregate fees of Idaho Power's principal independent registered public accounting firm, Deloitte & Touche LLP, billed or expected to be billed to Idaho Power for the fiscal years ended December 31, 2024 and 2023:

Audit fees $ 1,906,630 $ 1,794,973

13 unchanged sentences

audit-related services such as internal control reviews and assistance with internal control reporting requirements;

attest services related to financial reporting that are not required by statute or regulation, and accounting consultations and audits related to proposed transactions and new or proposed accounting rules, standards and interpretations;

attest services related to financial reporting that are not required by statute or regulation, and accounting consultations and

audits related to proposed transactions and new or proposed accounting rules, standards and interpretations;

and tax compliance and planning services.

138 unchanged sentences

8-K 1-3198 4.1 12/22/2022

4.2.53 Fifty-third, February 26, 2025

8-K 1-3198 4.1 2/26/2025

4.3 Agreement of Idaho Power Company to furnish certain debt instruments S-3 33-65720* 4(f) 7/7/1993

29 unchanged sentences

8-K 1-14465, 1-3198 10.1 12/11/2023

10.9 Extension Agreemen t , dated December 9, 2024, amon g IDACORP, Inc.

, Wells Fargo Bank , National Association , as administrative agent, and the lenders party thereto

10.9 Extension Agreement, dated December 9, 2024, among IDACORP, Inc., Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto

10-K 1-14465, 1-3198 10.9 2/20/2025

10.10 Extension and First Amendment to Credit Agreement, dated December 8, 2025, among IDACORP, Inc., Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto

10.11 Credit Agreement, dated December 8, 2023, among Idaho Power Company, Wells Fargo Bank, National Association, as administrative agent, swingline lender, and LC issuer, JPMorgan Chase Bank, N.A., as syndication agent and LC issuer, and the other lenders named therein

1 unchanged sentence

10.12 Extension Agreement, dated December 9, 2024, among Idaho Power Company, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto

10-K 1-14465, 1-3198 10.11 2/20/2025

10.13 Extension and First Amendment to Credit Agreement, dated December 8, 2025, among Idaho Power Company, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto

10.14 Forward Sale Agreement between IDACORP, Inc.

and Morgan Stanley & Co.

LLC dated as of May 8, 2025

8-K 1-14465 10.1 5/12/2025

10.15 Forward Sale Agreement between IDACORP, Inc.

and JPMorgan Chase Bank, National Association, New York Branch dated as of May 8, 2025

8-K 1-14465 10.2 5/12/2025

10.16 Forward Sale Agreement between IDACORP, Inc.

and Wells Fargo Bank, National Association dated as of May 8, 2025

8-K 1-14465 10.3 5/12/2025

Incorporated by Reference

Exhibit Description Form File No.

Date Included Herewith

10.17 Additional Forward Sale Agreement between IDACORP, Inc.

and Morgan Stanley & Co.

LLC dated as of May 9, 2025

8-K 1-14465 10.4 5/12/2025

10.18 Additional Forward Sale Agreement between IDACORP, Inc.

and JPMorgan Chase Bank, National Association, New York Branch dated as of May 9, 2025

8-K 1-14465 10.5 5/12/2025

10.19 Additional Forward Sale Agreement between IDACORP, Inc.

and Wells Fargo Bank, National Association dated as of May 9, 2025

8-K 1-14465 10.6 5/12/2025

10.20 Equity Distribution Agreement, dated May 20, 2024

12 unchanged sentences

10-Q 1-14465, 1-3198 10.1 8/3/2017

Incorporated by Reference

Exhibit Description Form File No.

Date Included Herewith

Idaho Power Company Security Plan for Board of Directors - a non-qualified deferred compensation plan, as amended and restated effective July 20, 2006

1 unchanged sentence

IDACORP, Inc.

Non-Employee Directors Stock Compensation Plan, as amended February 10, 2022

10-K 1-14465, 1-3198 10.21 2/17/2022

Non-Employee Directors Stock Compensation Plan, as amended

10-Q 1-14465, 1-3198 10.1 10/30/2025

Form of Officer Indemnification Agreement between IDACORP, Inc.

18 unchanged sentences

IDACORP, Inc.

2000 Long-Term Incentive and Compensation Plan, as amended and restated February 9, 2017

10-K 1-14465, 1-3198 10.41 2/23/2017

2000 Long-Term Incentive and Compensation Plan, as amended and restated M ay 15, 2025

14A 1-14465 App.

IDACORP, Inc.

10 unchanged sentences

10-K 1-14465, 1-3198 10.36 2/21/2019

Incorporated by Reference

Exhibit Description Form File No.

Date Included Herewith

Idaho Power Company Executive Deferred Compensation Plan, effective November 15, 2000, as amended November 20, 2008

2 unchanged sentences

and Idaho Power Company Compensation for Non-Employee Directors of the Board of Directors, effective January 1, 2024

10-K 1-14465, 1-3198 10.33 2/20/2025

Form of IDACORP, Inc.

1 unchanged sentence

10-K 1-14465, 1-3198 10.46 2/26/2009

Form of Letter Agreement to Amend Outstanding IDACORP, Inc.

Director Deferred Compensation Agreement (December 16, 2008)

10-K 1-14465, 1-3198 10.47 2/26/2009

Form of Amendment to IDACORP, Inc.

6 unchanged sentences

10-K 1-14465, 1-3198 10.50 2/26/2009

Form of Letter Agreement to Amend Outstanding Idaho Power Company Director Deferred Compensation Agreement (December 16, 2008)

10-K 1-14465, 1-3198 10.51 2/26/2009

Form of Amendment to Idaho Power Company Director Deferred Compensation Agreement, as amended November 20, 2008

10-K 1-14465, 1-3198 10.52 2/26/2009

Incorporated by Reference

Exhibit Description Form File No.

Date Included Herewith

Form of Termination of Idaho Power Company Director Deferred Compensation Agreement, as amended November 20, 2008

16 unchanged sentences

10-Q 1-14465, 1-3198 10.1 8/1/2024

Eighth Amendment to the Idaho Power Company Employee Savings Plan, executed December 2, 2024 and effective January 1, 2025

10-Q 1-14465, 1-3198 10.2 5/1/2025

19.1 IDACORP, Inc.

16 unchanged sentences

95.1 Mine Safety Disclosures

Incorporated by Reference

Exhibit Description Form File No.

Date Included Herewith

97.1 IDACORP, Inc.

26 unchanged sentences

323,472 289,174 261,195

Other comprehensive income (loss) 3,592 ( 4,262 ) 27,118

Other comprehensive (loss) income ( 1,352 ) 3,592 ( 4,262 )

Comprehensive Income Attributable to IDACORP, Inc.

18 unchanged sentences

Other ( 3,625 ) ( 4,015 ) ( 3,533 )

Net cash provided by (used in) financing activities 130,250 ( 166,461 ) ( 161,282 )

Net increase (decrease) in cash and cash equivalents 124,196 ( 13,273 ) ( 85,854 )

Net cash (used in) provided by financing activities ( 101,433 ) 130,250 ( 166,461 )

Net (decrease) increase in cash and cash equivalents ( 82,962 ) 124,196 ( 13,273 )

Cash and cash equivalents at beginning of year 178,094 53,898 67,171

59 unchanged sentences

Buckham (Principal Financial Officer) February 19, 2026

Senior Vice President, Chief Financial Officer, and Treasurer

Executive Vice President, Chief Financial Officer, and Treasurer

Shaw (Principal Accounting Officer) February 19, 2026

4 unchanged sentences

Elg Director February 19, 2026

/s/ Ronald W.

Jibson Director February 20, 2025

/s/ Judith A.

Johansen Director February 20, 2025

Jorgensen Director February 19, 2026

/s/ Michael J.

Kennedy Director February 19, 2026

Madison Director February 19, 2026

Morris Director February 19, 2026

/s/ Richard J.

Navarro Director February 20, 2025

Peters Director February 19, 2026

9 unchanged sentences

Buckham (Principal Financial Officer) February 19, 2026

Senior Vice President, Chief Financial Officer, and Treasurer

Executive Vice President, Chief Financial Officer, and Treasurer

Shaw (Principal Accounting Officer) February 19, 2026

4 unchanged sentences

Elg Director February 19, 2026

/s/ Ronald W.

Jibson Director February 20, 2025

/s/ Judith A.

Johansen Director February 20, 2025

Jorgensen Director February 19, 2026

/s/ Michael J.

Kennedy Director February 19, 2026

Madison Director February 19, 2026

Morris Director February 19, 2026

/s/ Richard J.

Navarro Director February 20, 2025

Peters Director February 19, 2026

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 9A. Controls and Procedures