Exelon Corporation Announces New Dividend Policy and Declares Dividend

CHICAGO–(BUSINESS WIRE)–#poweringPR–The Board of Directors of Exelon Corporation announced an updated
dividend policy targeting 5 percent annual dividend growth for the
period covering 2018 through 2020. The new policy builds on the 2.5
percent annual dividend growth plan implemented in 2016.

“Exelon’s business position has continued to strengthen since 2016 with
more earnings coming from our regulated utilities following the PHI
acquisition, sustained industry leading utility earnings per share
growth and greater stability for our generation fleet with the Illinois
and New York zero emissions credit programs that sustain these carbon
free, low cost assets,” said Christopher M. Crane, Exelon’s president
and CEO. “We’ve also continued to focus on cost management and prudent
balance sheet management. I am pleased we are able to share more of our
financial success with our shareholders through this updated dividend
policy.”

In light of the updated dividend policy, the board declared a regular
quarterly dividend of $0.345 per share on Exelon’s common stock, a 5
percent increase from the previous amount of $0.3275. The dividend is
payable on March 9, 2018, to shareholders of record of Exelon as of 5
p.m. New York time on Feb. 15, 2018.

About Exelon Corporation

Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the
largest number of utility customers in the U.S. Exelon does business in
48 states, the District of Columbia and Canada and had 2016 revenue of
$31.4 billion. Exelon’s six utilities deliver electricity and natural
gas to approximately 10 million customers in Delaware, the District of
Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its
Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco
subsidiaries. Exelon is one of the largest competitive U.S. power
generators, with more than 33,300 megawatts of nuclear, gas, wind, solar
and hydroelectric generating capacity comprising one of the nation’s
cleanest and lowest-cost power generation fleets. The company’s
Constellation business unit provides energy products and services to
approximately 2.2 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100. Follow
Exelon on Twitter @Exelon.

Contacts

Exelon Investor Relations
Daniel Eggers
312-394-2345
[email protected]
or
Exelon
Corporate Communications
Paul Adams
410-470-4167
[email protected]