FE 2022 Annual Report

FET Board The Board of Directors of FET NJBPU New Jersey Board of Public Utilities FET LLC Agreement Third Amended and Restated Limited Liability Company Operating Agreement of FET NJ Rate Counsel New Jersey Division of Rate Counsel FET Minority Equity Interest Sale Sale of membership interests of FET, such that Brookfield will own 49.9% of FET NOL Net Operating Loss FET P&SA I Purchase and Sale Agreement entered into on November 6, 2021, by and between FE, FET, Brookfield and the Brookfield Guarantors NOx Nitrogen Oxide FET P&SA II Purchase and Sale Agreement entered into on February 2, 2023, by and between FE, FET, Brookfield, and the Brookfield Guarantors NSR New Source Review FET Revolving Facility FET and certain of its subsidiaries’ former five-year syndicated revolving credit facility, as amended, and replaced by the 2021 Credit Facilities on October 18, 2021 NUG Non-Utility Generation Fitch Fitch Ratings Service NYPSC New York State Public Service Commission FMB First Mortgage Bond OAG Ohio Attorney General FPA Federal Power Act OCC Ohio Consumers' Counsel FTR Financial Transmission Right ODSA Ohio Development Service Agency GAAP Accounting Principles Generally Accepted in the United States of America Ohio Stipulation Stipulation and Recommendation, dated November 1, 2021, entered into by and among the Ohio Companies, the OCC, PUCO Staff, and several other signatories GHG Greenhouse Gases OPEB Other Post-Employment Benefits HB 6 House Bill 6, as passed by Ohio's 133rd General Assembly OPEIU Office and Professional Employees International Union IBA ICE Benchmark Administration Limited OPIC Other Paid-in Capital IBEW International Brotherhood of Electrical Workers OSHA Occupational Safety and Health Administration ICP 2015 FirstEnergy Corp. 2015 Incentive Compensation Plan OSMRE United States Department of Interior, Office of Surface Mining Reclamation and Enforcement ICP 2020 FirstEnergy Corp. 2020 Incentive Compensation Plan OVEC Ohio Valley Electric Corporation IRA of 2022 Inflation Reduction Act of 2022 PA Consolidation Consolidation of the Pennsylvania Companies IRS Internal Revenue Service PA NewCo In connection with the PA Consolidation, a new Pennsylvania corporation as a wholly-owned, indirect subsidiary of FE ISO Independent System Operator PJM PJM Interconnection, LLC kV Kilovolt PJM Tariff PJM Open Access Transmission Tariff kWh Kilowatt-hour POLR Provider of Last Resort LIBOR London Inter-Bank Offered Rate PPA Purchase Power Agreement LOC Letter of Credit PPUC Pennsylvania Public Utility Commission LTIIPs Long-Term Infrastructure Improvement Plans PUCO Public Utilities Commission of Ohio MDPSC Maryland Public Service Commission Recoupment Policy FirstEnergy Executive Compensation Recoupment Policy MGP Manufactured Gas Plants Regulation FD Regulation Fair Disclosure promulgated by the SEC MISO Midcontinent Independent System Operator, Inc. RFC ReliabilityFirst Corporation Moody’s Moody’s Investors Service, Inc. RFP Request for Proposal MW Megawatt RGGI Regional Greenhouse Gas Initiative MWH Megawatt-hour ROE Return on Equity NCI Noncontrolling Interest RTO Regional Transmission Organization N.D. Ohio Federal District Court, Northern District of Ohio SBC Societal Benefits Charge NERC North American Electric Reliability Corporation S.D. Ohio Federal District Court, Southern District of Ohio v

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