FirstEnergy Holds 2025 Annual Meeting

Core Points - FirstEnergy Corp. is making significant progress towards becoming a premier electric company, as highlighted by CEO Brian X. Tierney during the 2025 Annual Meeting of Shareholders [1][6] - The company has redesigned its operating model to enhance accountability and decision-making closer to customers and regulators [2][3] - FirstEnergy's Energize365 capital investment program aims to improve the electric grid's performance, with a $4.5 billion investment in 2024, marking a 20% increase from 2023 [4] - The company has expanded its five-year investment target to $28 billion through 2029, including $5 billion planned for 2025 [5] - FirstEnergy emphasizes its commitment to delivering electricity that strengthens society and powers the economy [6] Preliminary Voting Results - Shareholders reelected 10 directors and ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025 [7] - An advisory vote on named executive officer compensation was approved by shareholders [7] - A proposal for a report on lobbying activities was not approved by shareholders, although FirstEnergy discloses such activities on its website [8] Company Overview - FirstEnergy serves over 6 million customers across six states and operates approximately 24,000 miles of transmission lines [9]