The Energize365 program, a $26 billion system-wide capital investment strategy from 2024-2028, is underway to drive grid reliability and resiliency and support the clean energy transition. (Management's Discussion and Analysis)

On January 1, 2024, the Pennsylvania Companies were consolidated into FE PA, creating a single operating entity. FirstEnergy is also evaluating consolidating the Ohio companies. (Note 1)

The sale of an additional 30% equity interest in FET to Brookfield closed on March 25, 2024, resulting in a $1.942 million increase to OPIC. The proceeds are being used for debt repayment and capital investments. (Note 1, Consolidated Statements of Equity)

FirstEnergy is revitalizing its leadership team, including the hiring of John Combs as Senior Vice President of Shared Services. This is intended to improve execution at the business unit level. (Management's Discussion and Analysis)

FirstEnergy is focused on managing costs and enhancing the customer experience. This is in response to financial headwinds in 2023, including weather and market conditions affecting the pension plan. (Management's Discussion and Analysis)

FirstEnergy has an active regulatory calendar to support its regulated growth strategy and address critical investments. This includes base rate cases and other regulatory filings. (Management's Discussion and Analysis)

More frequent or more extreme weather events and changes in temperature and precipitation patterns associated with climate change, could affect some, or all, of FirstEnergy's operations. (Item 1A)

The outcome of any of these lawsuits, governmental investigations and audit is uncertain and could have a material adverse effect on FE's or its subsidiaries' reputation, business, financial condition, results of operations, liquidity, and cash flows. (Note 9)

Post-pandemic economic conditions have increased supply chain lead times across numerous material categories, with some as much as tripling from pre-pandemic lead times. (Management's Discussion and Analysis)

Total generation provided by alternative suppliers as a percentage of total MWh deliveries in the first three months of 2024, as compared to the same period of 2023, increased to 89% from 58% in Ohio. (Management's Discussion and Analysis)

Operating effectively leads to strong, predictable results and enhances credibility with our stakeholders. In turn, FirstEnergy builds supportive relationships with regulators, customers and intervenors in an effort to drive positive rate outcomes that support recovery of its investments. (Management's Discussion and Analysis)

With a diversified asset mix, improved balance sheet and a strong affordability position, FirstEnergy is well positioned to significantly enhance the customer experience and provide value to its investors. (Management's Discussion and Analysis)

On January 1, 2024, the Pennsylvania Companies were consolidated into FE PA, creating a single operating entity. FirstEnergy is also evaluating consolidating the Ohio companies. (Note 1)

FirstEnergy is focused on managing costs and enhancing the customer experience. This is in response to financial headwinds in 2023, including weather and market conditions affecting the pension plan. (Management's Discussion and Analysis)

FirstEnergy is shifting more decision-making and accountability for our operations closer to our customers, regulators and employees doing the work. (Management's Discussion and Analysis)

Programs to drive system resiliency through automation technology and communication, including Ohio's phases one and two of the Ohio Companies' distribution grid modernization plans, Pennsylvania's LTIIP, New Jersey's EnergizeNJ, and implementing advanced metering infrastructure. (Management's Discussion and Analysis)

Operating effectively leads to strong, predictable results and enhances credibility with our stakeholders. In turn, FirstEnergy builds supportive relationships with regulators, customers and intervenors in an effort to drive positive rate outcomes that support recovery of its investments. (Management's Discussion and Analysis)

With a diversified asset mix, improved balance sheet and a strong affordability position, FirstEnergy is well positioned to significantly enhance the customer experience and provide value to its investors. (Management's Discussion and Analysis)

The Energize365 program, a $26 billion system-wide capital investment strategy from 2024-2028, is underway to drive grid reliability and resiliency and support the clean energy transition. (Management's Discussion and Analysis)

The sale of an additional 30% equity interest in FET to Brookfield closed on March 25, 2024, resulting in a $1.942 million increase to OPIC. The proceeds are being used for debt repayment and capital investments. (Note 1, Consolidated Statements of Equity)

FirstEnergy has an active regulatory calendar to support its regulated growth strategy and address critical investments. This includes base rate cases and other regulatory filings. (Management's Discussion and Analysis)

FirstEnergy has pledged to achieve carbon neutrality by 2050 in GHGs within FirstEnergy's direct operational control (Scope 1). (Management's Discussion and Analysis)

In addition to moving beyond our two West Virginia power stations, key steps in working toward carbon neutrality by 2050 include: Reducing sulfur hexafluoride emissions and electrifying our vehicle fleet. (Management's Discussion and Analysis)

Operating effectively leads to strong, predictable results and enhances credibility with our stakeholders. In turn, FirstEnergy builds supportive relationships with regulators, customers and intervenors in an effort to drive positive rate outcomes that support recovery of its investments. (Management's Discussion and Analysis)

FirstEnergy has an active regulatory calendar to support its regulated growth strategy and address critical investments. This includes base rate cases and other regulatory filings. (Management's Discussion and Analysis)

Operating effectively leads to strong, predictable results and enhances credibility with our stakeholders. In turn, FirstEnergy builds supportive relationships with regulators, customers and intervenors in an effort to drive positive rate outcomes that support recovery of its investments. (Management's Discussion and Analysis)

With a diversified asset mix, improved balance sheet and a strong affordability position, FirstEnergy is well positioned to significantly enhance the customer experience and provide value to its investors. (Management's Discussion and Analysis)