Earnings Conference Call Second Quarter 2021 August 4, 2021 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties including, among others, those related to the timing, manner, tax-free nature, and expected benefits associated with the potential separation of Exelon's competitive power generation and customer-facing energy b ...

Financial Performance - Exelon's net income attributable to common shareholders decreased by $120 million to $401 million for the three months ended June 30, 2021, compared to $521 million in the same period of 2020, resulting in diluted earnings per share of $0.41, down from $0.53[581]. - For the six months ended June 30, 2021, net income attributable to common shareholders decreased by $991 million to $112 million, with diluted earnings per share dropping to $0.11 from $1.13 in the same period of 2020[586]. - The decrease in net income for the six months was primarily due to the impacts of the February 2021 extreme cold weather event and accelerated depreciation related to early retirements of nuclear facilities[586]. - Adjusted (non-GAAP) operating earnings for the three months ended June 30, 2021, were $869 million, or $0.89 per diluted share, compared to $536 million, or $0.55 per diluted share, in the same period of 2020[592]. - Net income attributable to common shareholders for the six months ended June 30, 2021, was $1,103 million, with diluted earnings per share of $1.13[594]. - Adjusted (non-GAAP) operating earnings for the six months ended June 30, 2021, were $1,387 million, translating to $1.42 per diluted share[594]. Revenue and Expenses - Operating revenues for the three months ended June 30, 2021, were $4,153 million, an increase of 7.0% compared to $3,880 million for the same period of 2020[643]. - Total electric revenues net of purchased power and fuel expense for the three months ended June 30, 2021, were $2,206 million, a 13.8% increase from $1,938 million in the same period of 2020[652]. - Total other operating expenses for the three months ended June 30, 2021, were $2,522 million, an increase of 57.2% from $1,605 million in the same period of 2020[643]. - Total operating expenses for Pepco for the three months ended June 30, 2021, were $429 million, a decrease of $7 million compared to the same period in 2020[714]. - Total operating expenses for the three months ended June 30, 2021, were $269 million, an increase of $11 million from $258 million in the same period of 2020[746]. Impacts of Weather Events - The estimated impact of extreme cold weather conditions on net income for the six months ended June 30, 2021, was a reduction of approximately $880 million, with a full-year estimated impact of $670 million to $820 million[603]. - The company expects to offset between $410 million and $490 million of the financial impact from the extreme cold weather event through enhanced revenue opportunities and cost savings[604]. Regulatory and Strategic Developments - The planned separation of Exelon and Generation aims to create two publicly traded companies, enhancing financial and strategic independence[598]. - The FERC proposed rule changes could adversely impact Exelon's financial statements by modifying ROE incentive adders for transmission utilities[635]. - The City of Chicago's Franchise Agreement with ComEd remains in effect, but potential changes could materially impact Exelon's financial statements[638]. Customer and Market Dynamics - The number of electric customers as of June 30, 2021, increased to 1,681,691 from 1,668,490 in 2020, reflecting a growth in customer base[686]. - Electric retail deliveries for the three months ended June 30, 2021, totaled 8,470 GWh, representing a 5.8% increase from 8,007 GWh in the same period of 2020[686]. - The number of electric customers as of June 30, 2021, was 1,319,612, an increase from 1,312,516 as of June 30, 2020[702]. Capital Expenditures and Cash Flow - Capital expenditures for Exelon decreased by $267 million, while Generation reported an increase of $211 million for the same period[776]. - The Registrants experienced a decrease in cash flows from operating activities, with Exelon at $(1,542) million and Generation at $(1,638) million for the six months ended June 30, 2021[772]. - The Registrants generated $724 million from the sale of assets and businesses, contributing positively to cash flows from investing activities[776]. Emission and Environmental Goals - Exelon aims to reduce operations-driven emissions by 50% by 2030 and achieve net zero emissions by 2050, building on its commitment to GHG reduction[632]. - Generation's owned-asset emission intensity is among the lowest in the industry, focusing on low- and zero-carbon generating facilities[633].

Earnings Conference Call First Quarter 2021 May 5, 2021 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain written and oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties including, among others, those related to the timing, manner, tax-free nature and expected benefits associated with the potential separation of Exelon's competitive power generation and customer-fac ...

Spring 2021 Investor Meetings Cautionary Statements Regarding Forward-Looking Information This presentation contains certain written and oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties including, among others, those related to the timing, manner, tax-free nature and expected benefits associated with the potential separation of Exelon's competitive power generation and customer-facing energy business from i ...

Exelon Corporation (NASDAQ:EXC) Q1 2021 Earnings Conference Call May 5, 2021 10:00 AM ET Company Participants Dan Eggers - Senior Vice President of Corporate Finance Chris Crane - President and Chief Executive Officer Joe Nigro - Chief Financial Officer Kathleen Barron - Senior Key Executive Brian Hansen - Chief Operating Officer Joseph Dominguez - Unit CEO Calvin Butler - Senior Key Executive Conference Call Participants Stephen Byrd - Morgan Stanley Steve Fleishman - Wolfe Research James Thalacker - BMO C ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Exelon Corporation (NASDAQ:EXC) Q4 2020 Earnings Conference Call February 24, 2021 10:00 AM ET Company Participants Dan Eggers - Senior Vice President, Corporate Finance Chris Crane - President and Chief Executive Officer Joe Nigro - Senior Executive Vice President and Chief Financial Officer Bill Von Hoene - Senior Executive Vice President and Chief Strategy Officer Kathleen Barron - Executive Vice President, Government and Regulatory Affairs and Public Policy Conference Call Participants Stephen Byrd - Mo ...

Earnings Conference Call Fourth Quarter 2020 February 24, 2021 Cautionary Statements Regarding Forward-Looking Information This presentation contains certain written and oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties including, among others, those related to the timing, manner, tax-free nature and expected benefits associated with the potential separation of Exelon's competitive power generation and custo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Fall 2020 Investor Meetings Cautionary Statements Regarding Forward-Looking Information This presentation contains certain written and oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties including among others those related to the expected or potential impact of the novel coronavirus (COVID-19) pandemic, and the related responses of various governments and regulatory bodies, our customers, and the company, on ...