Diversity & Inclusion

DIVERSITY & INCLUSION Driving Meaningful Outcomes

1 “To be successful and the best in our class, we must continue working to create an environment that engages, energizes and rewards our employees. One way that we are achieving this is by ensuring diversity and inclusion is an ongoing part of our conversations. This is what enables our growth and value creation for our shareholders, customers and communities.” “ - Christopher M. Crane, President & Chief Executive Officer, Exelon Corp.

2 Message from Leadership Colleagues and Friends, At Exelon, we believe to best deliver on our commitments to customers, employees, and the communities where we operate, we need the best teams. In our experience, the best teams are diverse and inclusive teams. Incorporating a range of perspectives and experiences into the way we think, plan and work, leads to innovative concepts, increased stakeholder engagement and better solutions to any challenges we face. As we work to attract and retain top talent, we see that having a workforce that reflects the communities we serve directly affects our ability to provide the energy products and services our customers expect. We make it our business to nurture a workplace where all employees can fully contribute and build fulfilling careers. We’re proud to be able to share some recent examples of diversity and inclusion in action at our company and the successes we have achieved as we continue to live these values. We recognize that we have more to do—this is work we must do every day. We know this is the best way to ensure that we power a cleaner and brighter future for our customers and communities. Sincerely,

Amy Best Nicole Durham Senior Vice President, Vice President, Chief Human Resource Diversity & Inclusion Diversity & Inclusion Commitment Exelon operates in a world rich in diversity – in race, ethnicity, gender, sexual orientation, gender identity, disability, religious affiliation, experience and thought. Diversity and Inclusion at Exelon strengthens our ability to achieve our vision by: • Integrating diversity and inclusion as a business imperative and a core value. • Attracting, retaining and developing employees who will best serve and represent our customers, partners and communities. • Providing a workplace that ensures we respect one another and that each of us can grow and contribute at our greatest potential.

Diversity & Inclusion Is Who We Are and What We Do Our strategy is to integrate D&I into everything we do. Whether that means creating and implementing new initiatives or embedding D&I into existing practices, we believe that an inclusive culture is foundational to an organization rich in diversity, innovation, market competitiveness, and continued growth. • D&I Annual Report • Employee Education, Tools and Resources • Talent Management • External Communications and Advertising • Diverse Business Empowerment • Employee Resource Groups • Industry Leadership Strategy • Community Investment

4 Diversity & Inclusion Strategic Focus Areas Workforce. Customers. Community. Suppliers. Diversity & Inclusion Goals Clear Commitment. Deliberate Strategy. Bold Approach.

Diverse and Inclusive Workforce Diverse Suppliers To attract, develop and retain talent of all backgrounds that reflect the To achieve a diverse range of suppliers, vendors and service providers. realities of our marketplace and our communities. Community Relationships Inclusive Workplace To ensure that Exelon employees have a significant reach and visible To create a culture of inclusion through consistent and sustained execution presence in a strategic core group of diverse community-based of the Exelon Diversity & Inclusion strategy. organizations.

Leader in Diversity & Inclusion To earn Exelon recognition as a Diversity & Inclusion leader by its employees, and the communities it serves.

5 Update 2017

6 Diversity at a Glance: Exelon

7 Exelon Joins the Billion Dollar Roundtable for Excellence in Supplier Diversity

To achieve a diverse range of suppliers, vendors and service providers.

The Billion Dollar Roundtable Inc. (BDR), a “Exelon is committed to diversity and inclusion “The induction of Exelon as a top-level advocacy organization that promotes across our enterprise—from our hiring and member company of the Billion corporate supplier diversity excellence, promotion to our giving and how we spend Dollar Roundtable represents announced that Exelon will be inducted as the our resources—because we know an inclusive a significant milestone in organization’s 27th member company. culture results in greater innovation, market our history,” said BDR Chairman Rick Hughes. competitiveness and opportunities for growth,” “Exelon’s market reach will offer an important Exelon is the first energy company to join the said Chris Crane, Exelon’s President and CEO. and unique perspective to the BDR roster of exclusive group of U.S.-based corporations that companies. We welcome Exelon’s participation have achieved $1 billion or more in annual, direct “We are honored to be listed among such an and thought leadership, particularly its view of spending with minority- and women-owned elite group of companies, and share the goals of enhancing diverse supplier opportunities in the businesses. Exelon was inducted in a ceremony the BDR and its commitment to promoting best vital energy sector.” on Aug. 16 during the BRT annual summit in practices across the supply chain.” Oakland.

8 ERGs Drive Engagement Inside and Outside the Workplace

With 50 chapters across Exelon, Employee Resource Groups (ERGs) provide an important connection point for employees. ERGs help build a sense of inclusion and also strengthen the company’s commitment to the communities where we work and live. ERG activities this year have included STEM- focused student programs, mentoring, Ally support to LGBTQ partnerships, development programs in Exelon’s core competencies and charitable fundraisers.

A Sample of 2017 ERG Programming: •DYP-Delmarva Power & Light’s impact is •ENABLED Philadelphia has positively •Network of Exelon Women (NEW) DC — seen in members’ access and exposure to impacted PECO’s reputation within community Women’s empowerment fuels NEW to provide PHI executive leadership while providing partnerships embracing individuals with professional development, senior leadership meaningful topics regarding personal and disabilities. Emergency preparedness, engagement and community partnerships. professional development. In addition, various disabled family member support and Encouraging topics for working mothers, events allowed for DYP members to meet new educating employees on the abilities of Girl Scout STEM and the business impact of people in areas of engineering and IT. In terms people with disabilities, seen and unseen, has ERGs remain priorities with NEW. Additional of inclusion, PHI ERGs were launched in 2017. elevated ENABLED PECO to receive the city’s focus includes personal branding, education recognition award for the Mayors Commission on women’s historical issues, must-read on Disability Rights. intellectual books and talk series that continue to engage NEW members.

9 Diversity Awards

DiversityInc’s Top 50 Human Rights Campaign RecruitMilitary MVE for G.I. Jobs Top Military U.S Veterans Magazine’s Military Times Best Companies 2017 Best Places to Work Military 2013-2017 Friendly Employer Best of the Best for Vets 2011-2018 2008-2018 2013-2017 2013-2017

10 “Celebrating the diversity of our workforce and respecting the individuality and perspectives Exelon Hosts Second of all of our employees is fundamental to our Employees participated in Semi-Annual Women’s culture.” Ally Appreciation Day to Leadership Summit: - Christopher M. Crane, President & focus on ways to support The Power of You, with over 170 attendees Chief Executive Officer, Exelon Corp. LGBT employees. It’s an opportunity for all to engage in from across the conversations and to become company. “ educated on the importance of becoming an Ally.

2017 Exelon collaborated with White Highlights Men as Full Diversity Partners Exelon to conduct their 3.5 day White Exelon Breaks All- Men and Allies (WMAA) learning Time Giving Record lab for Exelon executives. This by Donating More Exelon utility formed program focused on building Than $46.5 Million effective diversity partnerships and 200,000 a D&I peer group designed to share between white men and their Volunteer Hours to diverse colleagues. Communities in 2017. and standardize best practices and drive collaboration.

11 Diversity at a Glance: ComEd

12 Building a Path to a Successful Career

To create a culture of inclusion through consistent and sustained execution of the Exelon Diversity & Inclusion strategy, including progress measurement for results.

Brandon Taylor isn’t looking for a job; he’s looking for a career. “I’m looking Today, the program has graduated more than 300 students with an 80 to better myself,” he says. “I’m building toward my future.” Brandon is percent success rate at job placement. As the program has grown, so has one of 95 recent graduates of the CONSTRUCT program’s spring class— the curriculum. At the start, the program offered training for construction the largest since the program started in 2013. He and his classmates jobs; today it offers training for solar energy-related jobs and more. completed nine weeks of job training designed to prepare students to CONSTRUCT is run in parallel at compete for entry-level jobs in construction and energy-related fields. seven sites across the Chicagoland The CONSTRUCT program began five years ago as the brainchild of a area by ASPIRA of Illinois, Austin ComEd employee and contractor. Through CONSTRUCT, ComEd brings Peoples Action Center, Chicago Urban together 31 construction industry companies, 10 engineering companies, League, National Latino Education seven social service agencies and three local energy companies to help Institute, Quad County Urban League, increase job opportunities for minorities in neighborhoods throughout SER Jobs for Progress, and YWCA Chicago and northern Illinois. of Metropolitan Chicago and South Suburbs-Homewood. These agencies help identify and train the program participants using various common eligibility and completion requirements, and are committed to working with each participant to provide job counseling and placement services into efficiency jobs and more.

13 “A diverse workforce and an environment of engagement comes down to culture—a strong sense of who we are as a company. Developing

this culture requires the leadership and ComEd honored Stevenson ComEd hosted D&I investment of everyone in the company.” Crane Service, Inc., with Summit: The Intersection the Deborah M. Sawyer - Joe Dominquez, President and CEO, ComEd of Innovation and Community Partnership Including with over Award at ComEd’s 2nd 600 attendees. “ Annual Supplier Diversity Awards.

2017 Highlights ComEd ComEd’s D&I Council welcomed 700 ComEd employees Vernã Myers to its Speaker joined nearly 11,000 utility Series in November 2017. Myers workers from around the focused on inclusive leadership, country to help restore bias, cultural competence and power to Florida residents inclusion accessible to all. impacted by Hurricane Irma.

14 Diversity at a Glance: BGE

15 Developing a Talent Pipeline

To attract, develop and retain talent of all backgrounds that reflects the realities of our marketplace, our communities, and the relevant labor market.

In 2016, BGE formally launched its Smart Energy Workforce Development The longer-term focus of SEWD is to (SEWD) Program to support the goal of hiring a workforce that reflects develop a pipeline of talent by ensuring the diversity of the company’s customers and communities it serves. there is a firm grounding in essential areas The program focuses on developing a qualified diverse talent pipeline, for success in technical fields. Through particularly for entry-level field positions. a partnership with four Baltimore City vocational-technical high schools that A primary requirement for BGE’s entry-level technical positions is the teach trade programs. BGE hires entry- Construction and Skilled Trades (CAST) Test. BGE partnered with Edison level roles. Annually, BGE hosts students and teachers for field trips and Electric Institute (EEI) to develop CAST Test preparation materials that we internships. After internships are completed, interns participate in the were then shared with community workforce development organizations. CAST Test Prep Course. The company also trained the workforce development organizations in how to provide effective instruction to members of their communities who had an interest in construction-related careers. The short-term goal was to develop a pool of talent who are ready to enter the workforce.

16 “We welcome and respect people with different perspectives, backgrounds and traits because BGE, Enoch Pratt Free we know that diverse teams drive powerful BGE’s President & Chief Operating Library and Mayor outcomes. A community is only as strong Officer Steve Woerner sat down Catherine Pugh launched as its members and promoting diversity with Communications Intern Taylor Mobile Job Center, featuring and providing the strategy, guidance and Jones to reflect on his days as an 13 computer work stations intern. “Interns have the potential to with internet, employee opportunities to succeed for not just students, bring fresh ideas about how to solve reference materials, and “but for professionals at all stages of their today’s problems. That’s why I would access to databases and careers, is one of my passions.” always encourage employers to have resources. an internship program and implore - Calvin Butler, President and CEO, BGE interns to speak up!”

2017 Highlights BGE’s White Marsh Training BGE Center hosted 12 students for the Employees engaged in National Association of Women discussions and explored in Construction (NAWIC) camp. new perspectives during The mentoring camp provides a Diversity & Inclusion Week. supportive environment for girls to Senior BGE and Exelon explore the construction industry executives took the stage by receiving training such as pipe to emphasize the company- fusing, electric and gas safety wide commitment to demonstrations and utility pole diversity and inclusion climbing

17 Diversity at a Glance: PECO

18 Lending a Hand

To ensure that Exelon leadership has a significant reach and visible presence in a strategic core group of diverse community.

PECO and Exelon, in partnership with the law firm This year’s two-fold All Hands Day featured The clinic began with a training session provided Blank Rome LLP and the Nationalities Service community service projects and a pro bono clinic. by the Nationalities Service Center, a nonprofit Center, held a clinic to provide close to 50 The PECO staff assisted attendees with practical organization that helps over 5,000 refugees and refugees with the services needed to remain in language skills and job interview tips. Volunteer immigrants start new lives in the United States the U.S. The event was a part of PECO’s All Hands attorneys from PECO and Blank Rome worked each year. The Nationalities Service Center Day, where each year members of PECO’s staff in pairs to assist refugees seeking to adjust their was recently awarded the Cosmopolitan Club and legal department as well as general counsel status and obtain green cards. This is the first of Philadelphia’s first ever Giving Circle grant from Exelon participate in an annual volunteer step in the process to become a citizen, and of $20,000. Under this grant, the Center will project. provides critically needed stability to the clients continue to partner with Blank Rome to host and their families. an increased number of refugee adjustment of status clinics to ensure refugees can navigate the adjustment and naturalization process.

19 “At PECO, I am proud to count among our ranks executives, key managers and front George Sey Jr. and Christina Barker were line employees who represent different races, PECO’s Talent Acquisition and Talent Management teams recognized at the 2017 Black ethnicities, sexual orientations, experiences, hosted their annual Community Engineer of the Year Awards (BEYA) disabilities, religious affiliations and thinking. Partner Day for 30 of our community Science, Technology, Engineering What sets us apart in our efforts to become partners, ranging from local schools and Math (STEM) Conference in Washington D.C. Sey received the a more diverse and inclusive workforce is to non-profits. This event enables community partners to support their prestigious Anthony R. James “our ongoing self-assessment and drive for Legacy Award and Barker was clients in finding careers at PECO, continuous improvement in every area of and also serves as a train-the-trainer honoredas a Modern Day our business, and our customers and our for the required Edison Electric Technology Leader. Institute (EEI) tests. employees help us achieve that.” - Mike Innocenzo, President and CEO, PECO

PECO hosted the first “Stomping the Stigma” (STS) event at the Main Office Building PECO teamed up with in Energy Hall. The event featured 2017 Highlights NBC10, Telemundo62, remarks by Mike Innocenzo, PECO PECO Comcast and the American senior vice president and COO. Dr. Red Cross to support the Denise Maida, a drug addiction victims of Hurricane Harvey professional, delivered the keynote through the Hurricane Relief address followed by a question and Drive. The telethon was able answer session for employees to raise more than $1 million. to gain a deeper insight on addiction-related issues.

20 Diversity at a Glance: Constellation

21 Women Empowering Women Program Graduates First Class

To create a culture of inclusion through consistent and sustained execution of the Exelon Diversity & Inclusion strategy, including progress measurement for results.

Constellation’s inaugural Women Empowering The program included a series of seven full- The program culminated with a ceremony during Women class celebrated its graduation at BHQ day sessions focused on increasing self- which participants re-introduced themselves in October 2017. Twenty-two women from across awareness, speaking from values and vision, and to their sponsors and senior leadership with the organization participated in the new program, collaboration with a focus on results. Participants individual presentations of their personal which is designed to enhance leadership considered how to focus beyond their current role leadership statement and facilitated discussions skills and empower women to recognize the and fully utilize their leadership to activate the on topics of strategic importance to the future of strengths and perspectives they contribute to the organization and the community for good. They the firm. organization. also developed and strengthened relationships with their cohorts in an effort to create a deeper and more supportive network of women in the organization.

22 “Like all of Exelon’s operating companies, Constellation continually strives to create a Energy Education more diverse and inclusive work environment. Day helped kick off Discovery Education, the global We recognize the tremendous value that Constellation’s effort to leader in standards-based digital develop 7 megawatts diverse talent contributes to the success of our content for K-12 curriculum, and of solar for schools and company, and we understand that to realize Constellation have launched businesses through its our potential, we need to have open, candid Energizing Our Future, a series power purchase agreement of standards-aligned classroom “discussions about our opportunities and our program within Washington resources focusing on amazing D.C. by the end of 2018. challenges.” energy innovations - Joseph Nigro, President and CEO, Constellation and advancements.

2017 Highlights Constellation Constellation piloted an Inclusion Survey which was In 2017, Constellation designed to comprehensively hosted its D&I Speakers assess inclusivity and help Series that included us better understand the Understanding and perceptions and priorities of Leveraging Your Constellation employees. Cultural Values and Dining in the Dark.

23 Diversity at a Glance: PHI

24 Pepco Named Corporation of the Year for Excellence in Supplier Diversity

To achieve a diverse range of suppliers, vendors and service providers.

The Washington, D.C. regional chapter of the nation’s largest minority At its 45th annual gala in the District of Columbia supplier development group named Pepco Holdings its 2017 Corporation of in November, the Council presented the award the Year, recognizing our fundamental commitment to hiring diverse, local to Pepco Holdings President and CEO Dave suppliers. In 2016, Pepco spent $112 million with diverse suppliers, while Velazquez, who accepted on behalf of all Exelon spent close to $6 billion with diverse businesses nationwide during company employees the past seven years. In addition to Pepco’s receipt of the Corporation Each year, the Capital Region Minority Supplier Development Council of the Year award from CRMSDC, Exelon and its other operating companies (CRMSDC) recognizes the achievements of minority businesses as well also received recognition recently for diversity efforts: Atlantic City Electric as local corporations who advance supplier diversity efforts. CRMSDC received the Economic Impact Award from the New Jersey Board of Public is a mid-Atlantic chapter of the National Minority Supplier Development Utilities Supplier Diversity Development Council for supporting diverse Council, the nation’s largest association of diverse companies and vendors. businesses.

25 “At PHI, we continuously strive to create an environment where employees feel Exelon and Delmarva comfortable on the job and are valued for Power announced the opening Delmarva Power hosted its their contributions to our company and our of Delaware State University’s 5th annual Customers with communities” Renewable Energy Education Disabilities Summer Readiness - PHI President and CEO Dave Velazquez Center. The Renewable Energy Symposium. The event was held Education Center will help at Delaware State University and increase access to clean energy guests included FEMA, DEMA, “ and advance Delaware’s goal the American Red Cross and the of having 25 percent of its State of Delaware’s Office electricity from renewable of Preparedness. sources by 2025.

2017 Exelon and Pepco were Highlights awarded Covenant House’s Dove Pepco Cheryle Pringle, Eric Borden, Award at the Night of Stars Gala. Will Ellis and Amber Young The award honors an organization were recognized at the Black or individual that has made Engineer of the Year Awards significant contributions that (BEYA) Conference. They directly support the programs and received the Modern-Day wrap-around services Technology Leader Award for that Covenant House offers their commitment to shaping the homeless, disconnected and future of engineering, science exploited youth. and technology.

26 Diversity at a Glance: Exelon Generation

27 Exelon Generation’s Investments In FitzPatrick Local Economy

To attract, develop and retain talent of all backgrounds that reflects the realities of our marketplace, our communities, and the relevant labor market.

One year after the FitzPatrick Nuclear Generating Facility’s announced FitzPatrick launched several capital projects in 2017 totaling more than its shut down date, the station is an economic engine driving significant $15.2 million to realign the station for long-term operations. These included investment with local and diverse businesses. safety improvements in the parking lots and walkways, various equipment upgrades and general site remodeling. For most of the larger projects, 30 The investments at FitzPatrick are part of Exelon Generation’s commitment percent of the work was performed by certified minority- or women-owned to supplier diversity, providing access to greater opportunities for minority-, suppliers. women- and veteran-owned suppliers and boosting economic growth in local communities. “We were proud to have earned an Exelon contract with a competitive bid and a commitment to supplier diversity,” said Ryan Malone from WD “In 2017, we promised to invest more than $400 million across our New Malone Trucking & Excavating operating in Oswego, New York. “We are York plants through refueling and integration expenditures and we did,” committed to encouraging the use of diverse subcontractors and creating said Exelon Senior Vice President of Northeast Operations Chris Mudrick. opportunity for all.” This spring, the station will complete construction on “As part of this investment, we partnered with several New York minority- a new site access building, providing a more efficient, secure personnel and women-owned businesses to benefit the community while making access process, especially during refueling outages when approximately FitzPatrick a first-class facility that could continue providing clean energy to 1,000 supplemental workers join FitzPatrick’s fulltime employees. The New York for years to come.” $2.9 million access building contract was awarded to Rich and Gardner, a Syracuse, NY construction firm.

28 “Ultimately, the continued success of this effort will come from a highly committed senior leadership team who actively models, The International Atomic Energy pursues and promotes an inclusive work Agency (IAEA) celebrated The Kennett Square environment for their teams while bringing International Women’s Day in Diversity & Inclusion Vienna, Austria with a panel Council hosted its first ever in the right diverse talent. Most importantly, discussing women breaking down D&I Fair with more than we will have highly engaged employees who barriers in technical careers at 200 attendees. “feel their unique perspective adds value to the nuclear power plants. Front and organization.” center of the panel discussion was Amy Ferko, Braidwood Generating - President & CEO Exelon Generation Station plant manager. Kenneth Cornew

2017 Girl Scout troops in For the ninth consecutive year, Highlights Illinois and Pennsylvania Exelon Generation sponsors Exelon recently were introduced to the Hispanic Women’s Generation nuclear science at separate Network of Texas. The support events sponsored by the local allows the organization to chapters of Women In Nuclear present scholarships to (WIN), North American Young Hispanic female students Generation in Nuclear entering college as freshmen. (NA-YGN) and the American Nuclear Society (ANS).

29 To Our Stakeholders,

We look forward to continuing to update you on our continued progress toward our Diversity and Inclusion goals. Many thanks to all who are on this journey with us in building a more inclusive work environment and special thanks to those contributors who made this report possible.

Vice President, Diversity and Inclusion, Nicole M. Durham Diversity & Inclusion Programs Manager, Lisa K. Jerome Executive Admin Coordinator, Nancy Judah Diversity Reporting & Analysis, Kimberely B. Jackson Senior Manager Diversity & Inclusion, Jia-Shin Osiel Diversity and Inclusion Specialist, Linda Sancen