Exelon Adopts Industry-Leading Family Leave Benefits for Parents and Caregivers

New policies include up to 16 weeks of paid leave after the birth of
a child, eight weeks following adoption and two weeks to care for a
critically ill family member

CHICAGO–(BUSINESS WIRE)–In recognition of the challenges many employees face balancing work and
family responsibilities, Exelon has announced expanded company leave
policies that provide additional paid time off to eligible employees
following the birth or adoption of a child or when a family member is
critically ill. The progressive new package for eligible full-time
employees will provide mothers who have given birth with up to 16 weeks
of paid leave. New fathers and adoptive parents will receive up to eight
weeks of paid leave. Primary caregivers will also be able to take two
weeks of paid leave to care for a family member with a critical health
condition. The new benefits program will be effective on January 1, 2017.

While Exelon already offered a competitive benefits package that
included family leave options, adoption assistance and caregiver
support, the new policies are part of the company’s continuing effort to
identify opportunities to strengthen its employee programs.

“Exelon’s updated leave policies reflect our position and values as an
innovative, forward-thinking, people-focused organization,” said Chris
Crane, president and CEO of Exelon. “We believe our employees are the
best in the business and we will continue to invest in programs and
policies that enable them to be successful and that make Exelon their
workplace of choice.”

“We are excited to see leading companies, like Exelon, recognize and
take action that supports women, men and families in meaningful ways,”
said Debra Ness, president of the National Partnership for Women &
Families. “As the National Partnership moves forward with efforts to
secure federal legislation that creates a national paid family and
medical leave standard, we will look to companies that have taken the
lead in implementing family-friendly policies to help us articulate the
importance, value and return on investment of helping families take the
time they need when serious family and medical needs arise.”

The update of Exelon’s family leave benefits closely follows and aligns
with another significant corporate action that supports working parents
and all employees. Earlier in December, Exelon announced a first-time
partnership with the White House as a signatory to the Equal Pay Pledge,
an initiative to encourage major companies to take action and commit
their support to closing the national gender pay gap. As part of
Exelon’s commitment, the company conducted an organization-wide gender
pay analysis of all occupations and will renew this analysis on an
annual basis.

Exelon is committed to implementing programs to attract and retain the
very best talent to continue to drive growth across our diverse
businesses. To learn more about Exelon’s employee benefits and
innovative workplace policies and practices, visit
exeloncorp.com/careers.

Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the
largest number of utility customers in the U.S. Exelon does business in
48 states, the District of Columbia and Canada and had 2015 revenue of
$34.5 billion. Exelon’s six utilities deliver electricity and natural
gas to approximately 10 million customers in Delaware, the District of
Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its
Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco
subsidiaries. Exelon is one of the largest competitive U.S. power
generators, with more than 32,700 megawatts of nuclear, gas, wind, solar
and hydroelectric generating capacity comprising one of the nation’s
cleanest and lowest-cost power generation fleets. The company’s
Constellation business unit provides energy products and services to
approximately 2.5 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100. Follow
Exelon on Twitter @Exelon.

Contacts

Exelon Corporation
Rhea Lewis Marshall, 202-637-0780
rhea.marshall@exeloncorp.com