CEG

• Adjusted (non-GAAP) Operating Earnings for Q2 2026 were $2.55 per share, up from $1.91 per share in Q2 2025.
• Full-year 2026 Adjusted (non-GAAP) Operating Earnings guidance raised to $11.50 – $12.50 per share.
• Signed 920 MW of long-term PPAs, including a 176 MW agreement with Walmart.
• Agreed to divest Brazos Valley Energy Center to LS Power for $860 million before closing adjustments.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Joseph Dominguez, President and CEO, was elected Chair of the Board, effective August 4, 2026.
• Charles Harrington will serve as Lead Independent Director and receive an annual cash retainer of $50,000.
• Roger Crandall, Chairman, President and CEO of MassMutual, was appointed as an independent director, effective August 5, 2026, until the 2027 annual meeting.
• Crandall will receive standard director compensation; his committee assignments are not yet determined.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits

• All of the Company's power plants located in the PJM market cleared in the auction, with results effective June 1, 2028.
• The Company's cleared capacity volumes total 18,875 MW at ownership, comprising 15,700 MW nuclear and 3,175 MW fossil/other.
• The cleared capacity price is $325 per MW-day across all listed zones (COMED, EMAAC, MAAC, BGE, RTO).
• Capacity revenues for nuclear units are included in the gross receipts calculation for the Production Tax Credit.

8.01 Other Events

• Selling shareholders agreed to sell 11,000,000 shares of common stock, with a 30-day option for underwriters to purchase up to 1,350,000 additional shares.
• The company did not sell shares or receive proceeds from the offering.
• Constellation Energy agreed to purchase 2,000,000 shares from the underwriters at the offering price, totaling approximately $558.0 million, under its existing share repurchase program.
• The offering and share repurchase closed on June 2, 2026; the company waived lock-up restrictions solely for shares subject to the offering.

8.01 Other Events · 9.01 Financial Statements and Exhibits

• Adjusted (non-GAAP) Operating Earnings for Q1 2026 were $972 million, or $2.74 per share, up from $673 million, or $2.14 per share, in Q1 2025.
• The company affirmed full-year 2026 Adjusted Operating Earnings guidance of $11.00 - $12.00 per share.
• The 105 MW Pastoria Solar Project was commissioned, and the 460 MW Pin Oak Creek Energy Center achieved commercial operation.
• The PUCT approved a net metering application for a CyrusOne data center co-location at the Freestone site, with a 380 MW agreement and an additional 380 MW for Phase 2.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Constellation Energy Corporation held its Annual Meeting of Shareholders on April 28, 2026, with shareholders of record as of March 4, 2026, eligible to vote.
• The advisory say-on-pay proposal passed with 241,593,166 votes for, 13,558,055 against, and 1,279,797 abstentions.
• Shareholders ratified PricewaterhouseCoopers LLP as independent auditor for 2026 with 285,285,740 votes for, 1,356,702 against, and 427,563 abstentions.
• A shareholder proposal requesting a report on diversity, equity and inclusion initiatives was not approved, receiving 2,969,194 for, 251,481,422 against, and 1,980,402 abstentions.

5.07 Submission of Matters to a Vote of Security Holders

• Constellation Energy Corporation and Constellation Energy Generation, LLC filed a Form 8-K on March 31, 2026, announcing a conference call at 8:00 AM ET to discuss the 2026 Business and Earnings Outlook.
• The presentation highlights a 20%+ Base EPS growth target from 2026-2029, excluding upside from nuclear generation, natural gas contracts, and capital allocation.
• Constellation increased its share buyback authorization to $5.0 billion and plans $3.9 billion in growth capital.
• The outlook includes forward-looking statements regarding the acquisition of Calpine Corporation and expected accretion to earnings per share and free cash flow.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Alan Armstrong notified the Board of Directors of his resignation on March 23, 2026.
• The resignation is effective as of March 23, 2026.
• The filing was made under Item 5.02(b) regarding departure of directors.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits