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Investor Presentaiton

RETAIL REFORMS Recommended Reforms: Retail PSC process to review and approve wholesale market reform plan Negotiate integration with or create RTO Full regional market participation Introduce retail choice for large customers and communities Competition in resource plans Enhanced retail Increase share of supply from independent producers rates Immediate reforms Transition to competitive supply investment model (if desired) Expand retail choice to more customer classes (if desired) Reforms for future consideration brattle.com | 14

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