FirstEnergy Names Don Rettig VP, FirstEnergy Foundation President

(NYSE:FE) FirstEnergy Corp. announced that Don Rettig has been appointed Vice President and FirstEnergy Foundation President. In this role, Rettig will lead the Foundation's philanthropic strategy and oversee charitable investments supporting communities across FirstEnergy's operational area. Rettig will report to Wade Smith, President, FirstEnergy Utilities. Since 2001, the FirstEnergy Foundation has donated nearly $140 million to nonprofit organizations across the company's operational area. In 2026, the Foundation sharpened its focus on four charitable giving priorities: housing stability, hunger relief, workforce development, and STEM education. In 2026, the Foundation invested $5 million in Hunger Action Month grants, doubling its support from 2025. The Foundation also increased funding for its Shelter, Safety and Stability initiative to $500,000 in 2026, five times its 2025 investment. Nearly $6.5 million in community support has been distributed across FirstEnergy's operational area so far in 2026. FirstEnergy's electric distribution companies serve more than 6 million customers. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions. Don Rettig previously served as director of community affairs and president of the Owens Corning Foundation, where he led global community affairs and philanthropic strategy, increasing corporate contributions and expanding the foundation's impact across 20 countries. Before Owens Corning, Rettig spent 14 years with Metroparks Toledo, including as executive director. Rettig holds a Bachelor of Arts in history and a Master of Public Administration from Bowling Green State University. He currently serves as a trustee of the Greater Toledo Community Foundation and has held leadership roles with several nonprofit organizations.

The Illuminating Company Completes Another Major Reliability Upgrade in Lakewood Ahead of Schedule

(NYSE:FE) FirstEnergy Corp. announced that its electric company, The Illuminating Company, has energized a second transformer at the Lakewood Substation, completing this milestone four months ahead of schedule. The newly installed transformer, weighing approximately 55 tons, was delivered from a local service center to the substation on Athens Avenue earlier in the month and placed into service last week after installation and testing. The first transformer at the substation was delivered and energized earlier this year. With both transformers now operational, the substation's capacity has increased, providing system operators with greater flexibility to manage electricity flow and respond to outages. Each transformer represents an approximately $1.85 million investment, covering equipment, transportation, and installation costs. The upgrades allow the operations team to reroute power more effectively during outages, helping restore service faster and reducing the impact of equipment problems. The added capacity also enables circuits from the Lakewood Substation to support customers served by neighboring substations when necessary, improving reliability across the broader area. Torrence Hinton, President of FirstEnergy Ohio, stated that completing the work ahead of schedule is a meaningful milestone that strengthens the system and supports local homes and businesses. The project is part of The Illuminating Company's ongoing efforts to strengthen the local electric system and improve reliability for customers. Customers can track project progress through a dedicated map showing completed improvements, current projects, and future investments planned for the Lakewood area. The Illuminating Company serves more than 750,000 customers across Ashtabula, Cuyahoga, Geauga, Lake, and Lorain counties. FirstEnergy's electric distribution companies serve more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. The company's transmission subsidiaries operate more than 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions.

FirstEnergy Foundation Increases Support for Shelter, Safety and Stability

(NYSE:FE) FirstEnergy Foundation has awarded $120,000 to 10 New Jersey nonprofit organizations that provide emergency shelter, housing assistance, and supportive services for individuals and families facing homelessness, domestic violence, and other housing-related challenges. The grants are part of the Foundation's Shelter, Safety and Stability initiative, which expanded in 2026 to provide $500,000 to 38 organizations across FirstEnergy's service territory. The funding comes during Domestic Violence Awareness Month and includes support for organizations serving survivors of domestic violence, as well as nonprofits helping individuals and families experiencing homelessness and housing instability. Doug Mokoid, FirstEnergy's President, New Jersey, stated that the organizations receiving these grants provide critical resources and compassionate support for vulnerable residents. Liz Graham, Executive Director and CEO of 180 Turning Lives Around, expressed gratitude for FirstEnergy's investment in their Safe House and highlighted the importance of community support for survivors. The New Jersey grant recipients are: 180 Turning Lives Around (Monmouth County), Homeless Solutions (Morris County), Samaritan Inn Family Shelter Program (Sussex County), Bridges Outreach (Union County), The HOPE Center – The House of HOPE of Ocean County, Inc. (Ocean County), Domestic Abuse & Sexual Assault Crisis Center (DASACC) (Warren County), Catholic Charities, Diocese of Trenton – Providence House Domestic Violence Services (Ocean County), JBWS (formerly Jersey Battered Women's Shelter) (Morris County), Covenant House New Jersey – Asbury Park Homeless Shelter (Monmouth County), and Visions and Pathways (Morris County). Since 2020, the FirstEnergy Foundation has donated more than $1.6 million to help people in need of shelter or a place to call home throughout its service territory. Nearly $700,000 of that funding has supported organizations serving survivors of domestic violence and their families. In 2026, the Foundation has donated more than $850,000 to housing-related initiatives, including the $500,000 awarded through the Shelter, Safety and Stability initiative. As part of the Foundation's $5 million Hunger Action Month initiative, $135,000 was awarded to organizations that also provide housing and shelter services. In 2025, FirstEnergy employees contributed approximately 28,500 volunteer hours across the service territory, representing more than $1 million in additional community support. Including the Shelter, Safety and Stability initiative, the Foundation has distributed more than $6.5 million in community support across FirstEnergy's service area to date in 2026. FirstEnergy Corp. serves more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions.

FirstEnergy Corp. Declares Common Stock Dividend of 46.5 Cents Per Share

(NYSE: FE) The Board of Directors of FirstEnergy Corp. declared a quarterly dividend of 46.5 cents per share of outstanding common stock payable September 1, 2026, to shareholders of record at the close of business on August 7, 2026. FirstEnergy's electric distribution companies serve more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. The company referenced compliance with the Deferred Prosecution Agreement entered into July 21, 2021 and settlements with the U.S. Attorney's Office for the Southern District of Ohio and the Securities and Exchange Commission ("SEC"). The company projects the ability to accomplish or realize anticipated benefits through establishing a culture of continuous improvement and its other strategic and financial goals, including executing Energize365, its transmission and distribution investment plan. The company also referenced its Greenhouse gas reduction goals. Dividends declared from time to time on FirstEnergy Corp.'s common stock during any period may in the aggregate vary from prior periods due to circumstances considered by the FirstEnergy Corp. Board at the time of the actual declarations.

Keep Your Cool and Your Bills in Check During Extreme Heat

(NYSE:FE) FirstEnergy Corp. announced tips and resources to help customers stay cool and manage energy costs during an extended stretch of extreme heat. The company serves more than six million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. FirstEnergy's electric distribution companies form one of the nation's largest investor-owned electric systems. Its transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Customers can report outages by calling 1-888-LIGHTSS (1-888-544-4877), texting OUT to LIGHTS (544487), or online at firstenergycorp.com/outages. The company provides assistance programs and payment options like budget billing to help manage monthly costs. FirstEnergy is dedicated to integrity, safety, reliability and operational excellence.

CORRECTED: The Illuminating Company Marks Reliability Milestone with Two New Transformers in Lakewood

(NYSE:FE) FirstEnergy Corp.'s electric company The Illuminating Co. has delivered its first new transformer to the Lakewood Substation, representing an approximately $1.85 million investment per transformer. The transformer weighs about 55 tons and was transported by truck from Roanoke, VA, to the substation on Athens Avenue, covering nearly 500 miles over a five-day commute. The installation is part of a broader plan to improve reliability for nearly 11,000 customers in Lakewood and West Cleveland. A second, identical transformer will be delivered to a local Illuminating Co. service center the week of June 29 before being moved to the Lakewood Substation later this summer. Since October 2024, crews have completed work on equipment atop or around 167 poles, and tree pruning has occurred in nearly 100 locations. Outage durations for customers dropped by 98% in December 2025 compared with December 2024, and local power lines served by the Lakewood Substation have seen a 25% decrease in overall outage time. The Illuminating Company serves more than 750,000 customers across Ashtabula, Cuyahoga, Geauga, Lake and Lorain counties.

The Illuminating Company Marks Reliability Milestone with Two New Transformers in Lakewood

(NYSE: FE) FirstEnergy Corp.'s electric company The Illuminating Co. has delivered its first new transformer to the Lakewood Substation as part of efforts to improve electric reliability in Lakewood and West Cleveland. The transformer weighs about 55 tons and was transported by truck from Roanoke, VA, to the substation on Athens Avenue, covering nearly 500 miles over a five-day commute. Each transformer represents an approximately $1.85 million investment, including equipment, transportation, and installation. The installation is part of a broader plan to strengthen the local electric system and improve reliability for nearly 11,000 customers. Since October 2024, work has been completed on equipment atop or around 167 poles, and crews have pruned trees in nearly 100 locations ahead of schedule. The total time customers were without power dropped by 98% in December 2025 compared with December 2024, and local power lines served by the Lakewood Substation have seen a 25% decrease in overall outage time. The Illuminating Company serves more than 750,000 customers across Ashtabula, Cuyahoga, Geauga, Lake and Lorain counties.

FirstEnergy Announces Senior Leadership Appointments in Business Transformation, Ethics &amp; Compliance and Security

(NYSE: FE) FirstEnergy Corp. announced a series of senior leadership appointments, including Antonio Fernández as Vice President of Business Transformation, effective June 28. Deandra Williams-Lewis was named Vice President and Chief Ethics & Compliance Officer, also beginning June 28, and Brian Harrell will assume the additional role of Chief Privacy Officer. FirstEnergy serves more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate more than 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions. Fernández brings five years of leadership as FirstEnergy's Vice President and Chief Ethics & Compliance Officer. Williams-Lewis most recently served as Director, Ethics & Compliance and Chief Privacy Officer for FirstEnergy.

FirstEnergy Names Three Senior Leaders to Drive Operational, Safety and Technology Performance

(NYSE: FE) FirstEnergy Corp. recently named three senior leaders to strengthen operational performance, advance its safety culture and accelerate enterprise-wide technology transformation. Chris Beam was appointed as President, West Virginia/Maryland Operations; Hanneke Counts as Vice President, Environmental Health and Safety; and Daniel Puscas as Chief Information Officer. FirstEnergy serves more than 6 million customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Beam will lead FirstEnergy's West Virginia and Maryland business unit, including Mon Power and Potomac Edison, and oversee safe, reliable and efficient operations, financial performance and regulatory and legislative strategy. Counts will focus on standardizing safety practices, expanding field coaching and observation programs, and reinforcing a culture of safe work. Puscas will oversee IT operations, digital platforms, cybersecurity and innovation efforts, with a focus on improving system reliability and supporting the company's transition to a more modern, efficient operating model.

FirstEnergy Pennsylvania Crews Preparing for Fourth Round of Severe Storms

(NYSE: FE) FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. company, is preparing for another round of severe weather expected to move through the state Wednesday night and Thursday, marking the fourth significant storm system in the past 12 days. FE PA will mobilize a substantial workforce, including additional lineworkers, support personnel, forestry crews, and hazard and damage assessment teams, to support restoration efforts and respond quickly to potential outages. The company has activated its incident command structure so teams across the service area can coordinate restoration work, equipment needs, and field support as conditions change. Through its Energize365 initiative, FE PA plans to invest approximately $13 billion between 2026 and 2030 to build a smarter, more resilient grid. Met-Ed serves approximately 592,000 customers within 3,300 square miles of eastern and southeastern Pennsylvania. Penelec serves approximately 597,000 customers within 17,600 square miles of northern and central Pennsylvania and western New York. West Penn Power serves approximately 746,000 customers in 24 counties within central and southwestern Pennsylvania.

Mon Power and Potomac Edison Request Rate Review, Proposing Two Paths to Support Reliability Investments

Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have requested the Public Service Commission of West Virginia (PSC) to review electric rates to support continued investment in a safe and reliable electric system. The companies have proposed two options: an inflation-based approach with a $76 million adjustment, resulting in annual $38 million increases effective August 1, 2026, and June 1, 2027, or a traditional base rate adjustment of $188 million. The inflation-based approach would increase the average residential bill by about 3% and 2.9%, while the traditional approach would increase it by about 13.9%. Recent upgrades have reduced the length of outages tied to the high-voltage transmission system in West Virginia by 43.8%, and a pilot program launched in 2024 has cut outage time for rural customers by about four hours a year, a 53% reduction. The proposals aim to keep residential rates among the lowest in the region and support ongoing reliability and infrastructure improvements. The PSC must review and approve any rate changes before they take effect. The companies would not seek another rate review until April 2028 under the inflation-based proposal.

Plant it Forward: FirstEnergy Pennsylvania Celebrates Earth and Arbor Days with Free Trees in Westmoreland County

FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) company doing business as West Penn Power, is giving away more than 200 flowering dogwoods in Westmoreland County as part of extended Arbor Day celebrations. The event takes place on April 27 at Jeannette Greenspaces in Jeannette, starting at 10:00 a.m. This initiative is part of the company's broader environmental efforts, including a collective goal by FirstEnergy's Green Team chapters to plant or donate more than 26,000 trees this year. In 2025, the Green Teams surpassed their goal by planting more than 30,000 trees. West Penn Power serves approximately 725,000 customers in 24 counties within central and southwestern Pennsylvania.