Constellation Energy Market Performance

24 Constellation's Climate Commitment 100% 100% Of our owned generation will be carbon-free by 2040 Clean Energy Supply: Reduction of our operations- driven emissions by 2040 (1) 100% Of C&I customers provided with specific information about how to meet GHG reduction goals ■ Clean Electricity Supply: We commit that our owned generation supply will be 100% carbon-free by 2040; with an interim goal of 95% carbon- free by 2030 subject to policy support and technology advancements. Operational Emissions Reduction Goal: We aspire to reduce operations driven emissions by 100% by 2040 subject to technology and policy advancement ■ Interim target to reduce carbon emissions by 65% from 2020 levels by 2030 (through 100% 24/7 clean electric use at our owned facilities by 2030 and 100% electrification of our vehicle fleet) and reduce methane emissions 30% from 2020 by 2030. ■ Constellation commits to reducing methane emissions 30% from 2020 by 2030, aligned with the Administration's global methane pledge Supply Chain Engagement: Partner with our key energy suppliers on their GHG emissions and climate adaptation strategies Clean Customer Transformation: ■Commit to providing 100% of C&I customers with customer-specific information on their GHG impact for facilities contracting for power and gas supply from Constellation including mitigation opportunities that include 24/7 clean electric use ■ Commit to support reductions in customers' gas emissions and a transition to low carbon fuels Technology Enablement and Commercialization: 0 Commit to enable the future technologies and business models needed to drive the clean energy economy to improve the health and welfare of communities through venture investing and R&D. We will target 25% of these investments to minority and women led businesses and will require investment recipients to disclose how they engage in equitable employment and contracting practices, using performance as a factor when considering investments (1) Any emissions that cannot be technologically reduced by that time will be offset; includes all GHGs except methane which is addressed in separate methane reduction goal Constellation.

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