Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On September 8, 2022, Avangrid Management Company, LLC, a wholly owned subsidiary of Avangrid, Inc. (the "Corporation"), entered into a separation and release agreement (the "Separation Agreement") with Dennis Arriola in connection with his previously announced resignation as Chief Executive Officer. The Separation Agreement provides that Mr. Arriola will receive a payment of $600,000, subject to customary separation and release provisions.


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