N EWS R ELEASES

American Electric Power today announced several executive leadership changes to support the company’s strategic priorities, according to Nicholas K. Akins, AEP chairman, president and chief executive officer. The changes are effective July 1.

Cardinal Operating Company (COC) on behalf of AEP Generation Resources Inc. (AEPGR), an unregulated wholly owned subsidiary of AEP Energy Supply, LLC, is seeking bids for barging and harbor services.

Cardinal Operating Company (COC) on behalf of AEP Generation Resources Inc. (AEPGR), an unregulated wholly owned subsidiary of AEP Energy Supply, LLC, is seeking bids for the supply of coal to Cardinal Power Plant Units 1, 2, and 3.

American Electric Power issued its 2021 Corporate Accountability Report, an annual assessment of its performance as a public company and a community partner. This report marks AEP’s 15th year of sustainability and environmental, social and governance (ESG) disclosure, demonstrating its commitment to reporting the company’s progress toward a sustainable energy future.

American Electric Power today issued a request for proposal (RFP) for the supply of coal to one or more of its generating stations in multiple coal regions. 

Today the Michiana area is greener. That’s because the St. Joseph Solar Farm, developed by Indiana Michigan Power (I&M), a subsidiary of American Electric Power, in partnership with the University of Notre Dame, is now generating emission-free renewable energy. 

AEP Energy, a subsidiary of American Electric Power and one of the largest electric energy wholesale and retail suppliers in the U.S., and Global Energy Generation LLC (Doral LLC), a leading developer of renewable energy projects, primarily in the Midwest and Mid-Atlantic regions, announced today that they have signed a long-term renewable energy purchase agreement for the Mammoth Solar project in Indiana.

Southwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power, today submitted an informational filing to the Louisiana Public Service Commission, including three draft Requests for Proposals (RFP) for renewable and economic generating capacity to supply the needs of its customers.

• First-quarter 2021 earnings of $1.16 per share GAAP and $1.15 per share operating
• Company reaffirms 2021 operating earnings (non-GAAP) guidance range of $4.55 to $4.75 per share and 5% to 7% long-term growth rate
• AEP announces plans to add nearly 16,600 megawatts of new renewables by 2030

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 74 cents a share on the company’s common stock.