Political Contributions Exelon Corporation’s success depends on sound public policies at the national, state and local levels. Issues vital to Exelon’s ability to recognize value for its stakeholders are debated and decided in the U.S. Congress, in state legislatures and in local forums across the country. Federal and Pennsylvania law prohibit companies from making political contributions to Federal and Pennsylvania candidates. Under Maryland law, Exelon and its affiliated companies can give no more than $4,000 to a political candidate, including other state PACs, and $10,000 total during an election cycle. Under Illinois law, Exelon and its affiliated companies can give no more than $10,000 to a political candidate during an election cycle. In certain other states, corporations are permitted to contribute to state election campaigns. Exelon operates in accordance with all relevant state and Federal laws. Exelon Corporation, Baltimore Gas and Electric Company and PECO Energy Company have established political action committees that are funded solely through voluntary employee contributions (ExelonPAC, BGEPAC and PECOPAC). Exelon Generation Company and Commonwealth Edison Company also have Illinois state political action committees which may be funded by both employee and corporate contributions (ComEd PAC and ExGenPAC). Exelon provides limited administrative support to all our political action committees. These PACS offer eligible employees a direct means to voluntarily participate in shaping public policy and expressing views on issues related to our business. The PACS operate in accordance with all relevant state and Federal laws. Information about ExelonPAC is available on the website of the Federal Election Commission at www.fec.gov. In the interest of transparency for our shareholders and stakeholders, Exelon has posted its Corporate Political Contributions Guidelines on its website. These Guidelines are intended to provide corporate governance, control, oversight and procedural guidance for corporate contributions of money, property or services for political activities in Illinois and other states that allow corporate contributions to the political process and for political expenditures in areas where permitted. Exelon’s political contributions during the reporting period were all made in accordance with its Corporate Political Contributions Guidelines. Exelon is also making available a report listing Exelon’s political contributions (the “Report”). The Report also sets forth the United States trade associations and other similar non-profit organizations to which Exelon annually paid dues of $50,000 or more. Exelon has asked these organizations to identify the portion of those dues that were used for expenditures or contributions that are nondeductible under Section 162(e)(1)(B) of the Internal Revenue Code. The Report 1 will be updated and reviewed by the corporate governance committee of the Exelon board of directors semi-annually. 2 2012 Political Contributions (January 1 – June 30) During the period from January 1, 2012 through June 30, 2012 (the “Reporting Period”), Exelon Corporation made the following contributions to political parties, political committees, candidates for political office, and other entities organized and operating under 26 U.S.C. Section 527. Exelon’s contributions set forth below for the Reporting Period totaled: $150,000.00: Democratic Governors Association $150,000 During the Reporting Period, Constellation made the following contributions to political parties, political committees, candidates for political office, and other entities organized and operating under 26 U.S.C. Section 527. Constellation’s contributions set forth below for the Reporting Period totaled $38,000.00: Maryland Democratic Party Administrative Account Mike Pence for Indiana (Indiana Governor) New York State Senate Republican Campaign Committee Friends of Sheldon Silver (NY State Assemblyman) House Republican Victory PAC (New Hampshire) New York State Republican Assembly Campaign Committee Republican Senate Majority (New Hampshire) Citizens for Edward Acevedo (Illinois State Representative) Citizens for Maria A. Berrios (Illinois State Representative) Kenneth Dunkin (Illinois State Representative) Friends of Mike Jacobs (Illinois State Senator) Friends of Camille Y. Lilly (Illinois State Representative) Friends of Derrick Smith (Illinois State Representative) Representative Kelly Cassidy (Illinois State Representative) Friends for Monique Davis (Illinois $25,000 $5,000 $1,000 $1,000 $500 $500 $500 $500 $500 $500 $500 $500 $500 $250 $250 3 State Representative) Citizens for Elizabeth Hernandez $250 (Illinois State Representative) Committee to Re-elect Chuck Jefferson $250 (Illinois State Representative) Citizens for Al Riley $250 Friends for Verschoore (Illinois State $250 Representative) During the Reporting Period, Exelon Generation made the following contributions to political parties, political committees, candidates for political office, and other entities organized and operating under 26 U.S.C. Section 527. Exelon Generation’s contributions set forth below for the Reporting Period totaled $51,100.00: Republican State Leadership Committee House Republican Organization (Illinois) Citizens to Elect Tom Cross (Illinois State Representative) David McSweeney for State (Illinois) Friends of Sue Rezin (Illinois State Senator) Make Michigan First Friends of Jim Oberweis (Illinois State Senate Candidate) Brandon Phelps for State Representative (Illinois) New York State Democratic Assembly Campaign Committee Friends of Clayborne (Illinois State Senate) Friends of Annazette R. Collins (Illinois State Representative) Friends of Terry Link (Illinois State Senator) Assemblyman Bob Oakes (New York State Assembly) Citizens for Radogno (Illinois State Senator) Friends of Pam Roth (Illinois State Representative) Citizens for Sullivan (Illinois State Representative) $10,000 $5,000 $5,000 $3,000 $3,000 $2,500 $2,000 $1,500 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 4 Friends of Donne Trotter (Illinois State Senator) Senator George D. Maziarz (New York State Senator) Friends for Verschoore (Illinois State Representative) DeWitt County Democratic Central Committee Citizens for Edward Acevedo (Illinois State Representative) Committee to Elect Dan Burke (Illinois State Representative) Friends of Ken Dunkin (Illinois State Representative) Supporters of Jack D. Franks (Illinois State Senator) Citizens for Lou Lang (Illinois State Representative) Friends of Camille Y. Lilly (Illinois State Representative) Committee for Frank J. Mautino (Illinois State Representative) Citizens for Antonio Munoz (Illinois State Senator) Citizens for Jim Sacia (Illinois State Representative) Friends of Tim Schmitz (Illinois State Representative) Friends of Elgie Sims (Illinois State Representative) Friends of Derrick Smith (Illinois State Representative) Citizens for Joe Sosnowski (Illinois State Representative) Citizens for Jim Watson (Illinois State Representative) Friends of Adam Brown (Illinois State Representative) Citizens for Cassidy (Illinois State Representative) Citizens for Elizabeth Hernandez (Illinois State Representative) Jones for State Representative (Illinois) Citizens for Unes (Illinois State Representative) $1,000 $750 $600 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $250 $250 $250 $250 $250 5 During the Reporting Period, Commonwealth Edison made the following contributions to political parties, political committees, candidates for political office, and other entities organized and operating under 26 U.S.C. Section 527. ComEd’s contributions set forth below for the Reporting Period totaled $72,250.00: Citizens for Acevedo (Illinois State Representative) Friends of Annazette R. Collins (Illinois State Representative) Friends of Ken Dunkin (Illinois State Representative) Friends of Mike Jacobs (Illinois State Senator) Republican State Senate Campaign Committee Senate Democratic Victory Fund Citizens to Elect Tom Cross (Illinois State Representative) Cunningham for Justice Citizens for Christine Radogno Theis for Supreme Court Citizens for Yarbrough(Cook County Recorder) The Burnham Committee Downstate Democratic Caucus Citizens for Kent Gaffney (Illinois State Representative) Citizens for Elizabeth Hernandez (Illinois State Representative) Committee to Re-elect Chuck Jefferson (Illinois State Representative) Friends of Christian Mitchell (Illinois State Representative) Friends for Vershoore (Illinois State Representative) Friends of Camille Y. Lilly (Illinois State Representative) Citizens for Cassidy (Illinois State Representative) Friends for Monique Davis (Illinois State Representative) Friends of Scott Drury (Candidate for $5,000 $5,000 $5,000 $5,000 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $1,500 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $750 $500 $500 $500 6 Illinois State Representative) Friends of Laura Fine for State Representative (Candidate for Illinois State Representative) Friends of Stephanie Kifowit (Candidate for Illinois State Representative) Friends of Natalie Manley (Candidate for Illinois State Representative) Friends of Robert Martwick (Candidate for Illinois State Representative) Friends of Al Riley (Illinois State Representative) $500 $500 $500 $500 $500 During the Reporting Period, Commonwealth Edison made a $20,000 contribution to the ComEdPAC and a $2,500 contribution to the Chicagoland Chamber of Commerce Political Action Committee. Independent Expenditures and Ballot Measures During the Reporting Period, Exelon and its subsidiaries did not make any independent political expenditures in support of or in opposition to a candidate or political party. During the Reporting Period, Exelon contributed $5,000 to Educating Maryland Kids, a Maryland Ballot Initiative. 7 Trade Associations Set forth below are the trade associations and other similar non-profit organizations to which Exelon Corporation and its subsidiaries (including Constellation) paid dues of $50,000 or more during the Reporting Period. Exelon Corporation has asked these organizations to identify the portion of those dues that were used for expenditures or contributions that are non-deductible under Section 162(e)(1)(B) of the Internal Revenue Code. Information, if any, provided by each organization is included in the table. Unless otherwise indicated, the figures presented represent amounts for calendar year 2012. Organization Exelon Dues or Payments made from January 1, 2012 to June 30, 2012 Alliance for Retail Energy Markets American Gas Association Association of Electric Companies of Texas Edison Electric Institute Edison Electric Institute Utility Solid Waste Activities Group Electric Power Generation Association Electric Power Supply Association Energy Association of Pennsylvania Greater Baltimore Committee Illinois Energy Association Illinois Manufacturers Association Independent Power $60,863.88 Portion of Exelon’s dues used for expenditures or contributions that are non-deductible under Section 162(e)(1)(B) of the Internal Revenue Code $38,675.78 $577,739.00 $28,886.95 $163,042.14 $122,281.60 $3,435,778.00 $118,650.00 $755.871.00 $10,679.00 $100,000.00 $7,000.00 $350,000.00 $45,000.00 $271,635.00 $27,000.00 $88,000.00 $5,720.00 $163,540.83 $57,239.29 $126,000.00 $15,375.00 $54,900.00 $2,745.00 8 Producers of New York New England Power Generators Association Nuclear Energy Institute Retail Energy Supply Association $107,000.00 $21,400.00 $7,212,106.00 $180,302.65 $96,432.88 $10,040.00 9