Exelon (EXC) AGM 2025 summary

Opening remarks and agenda

• The meeting was called to order by the new independent board chair, with recognition of the outgoing chair's service and introduction of senior management present for the session.

• The meeting was held virtually to ensure accessibility and participation for all shareholders, with clear instructions for voting and Q&A.

• Three main proposals were on the agenda: election of directors, ratification of the auditor, and a say-on-pay vote.

Board and executive committee updates

• John Young, the current board chair, did not stand for re-election; Paul Bowers was appointed as the new independent board chair.

• The board recommended voting in favor of all three proposals on the ballot.

Shareholder proposals

• Shareholders voted on the election of nine directors, ratification of PricewaterhouseCoopers as auditor for 2025, and approval of executive compensation.

• All directors stand for election annually and must receive a majority of votes cast.