Exelon Corporation announced that on January 26, 2021, Nicholas DeBenedictis tendered his notice of retirement from the company's Board of Directors as he has reached the mandatory retirement age of 75 designated in Exelon's Corporate Governance Principles. On January 26, 2021, the Board accepted Mr. DeBenedictis's notice of retirement, which will become effective immediately prior to the 2021 annual meeting of shareholders scheduled for April 27, 2021, at which time the size of the Board will be decreased from 13 to 12.