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John Rowe, Exelon Chairman and CEO on Corporate Governance:
"Effective corporate governance and the highest ethical standards
are essential to achieving our vision of being the best, most consistently profitable
electricity and gas company in the United States. To succeed, we must maintain
the trust of shareholders, customers, employees, regulators, and the communities
we serve." |
| Board of Directors | All members of the Exelon Board,
except the CEO are independent. The Board makes all significant decisions and
oversees the management of the company in the long-term interests of shareholders.
| | Governance Principles | The Board has approved the
Corporate Governance Principles, along with the Bylaws and Committee Charters,
to provide the framework for Exelon’s governance.
| | Board Committees | There are six standing committees
of the Board: Corporate Governance, Audit, Compensation, Risk Oversight, Energy
Delivery Oversight, and Generation Oversight. The functions, membership, and charters
of each committee are provided.
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|  | | Code of Business Conduct | All directors, officers, and
employees must observe the requirements of the Code of Business Conduct. The Code
is a guide to ensure that we comply with applicable laws and regulation, and that
we conduct ourselves according to the highest standards of ethical conduct.
| | Audit Committee Concerns Process | The Audit Committee oversees
the process of receiving and assessing concerns of potential violations of law,
regulation, or the Code of Business Conduct.
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