Exelon Announces Preliminary Approval of Derivative Litigation Settlement

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The settlement involves various claims of breach of fiduciary duty and violations of federal securities laws against certain current and former officers and directors of Exelon. The proposed settlement terms include corporate governance reforms, a reduction in compensation payable to the former CEO, and a monetary payment of $40 million by the company's insurers. If approved, the settlement will bar shareholders from contesting the settlement and pursuing the released claims. The court will hold a settlement hearing on March 18, 2026, to determine final approval of the settlement.

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About Exelon Corporation

Exelon Corporation is a leading American energy provider primarily recognized for its role as one of the largest competitive power generators in the United States. Operating through its multi-faceted subsidiaries, Exelon generates electricity, distributes energy, and offers services to customers in a variety of forms, including nuclear, fossil, wind, hydroelectric, and solar power. The corporation's key function lies in its ability to deliver efficient electricity services to residential, commercial, and governmental sectors, ensuring reliability and sustainability. Headquartered in Chicago, Illinois, Exelon plays a significant part in the transition toward clean energy, leveraging its extensive nuclear operations to reduce carbon emissions and meet evolving environmental standards. Furthermore, Exelon's commitment to innovation in energy management and its efforts toward clean energy initiatives underscore its importance in the broader context of energy policy and environmental goals. The company is closely engaged in regulatory sectors and governmental partnerships, which bolster its position within the market as a pioneer in energy solutions and service reliability.