CONSTELLATION EMPLOYEE SAVINGS PLAN Contribution & Employer Match

CONSTELLATION EMPLOYEE SAVINGS PLAN Average Participant Retirement Account Value

CONSTELLATION EMPLOYEE SAVINGS PLAN Estimated Average Employee Contribution Amount

• Participants may elect to contribute on a pre-tax basis, an after-tax basis, a Roth basis, or combination of the three, between 1% and 50% (percentage varies for some represented employees based on the applicable collective bargaining agreement) of eligible pay each pay period.
• Participants that attain age 50 or older before the end of the calendar year may elect to make additional "catch-up" contributions, as defined by the Code, to the Plan.
• Newly hired employees that do not elect to participate within 90 days after they receive their automatic enrollment notice are automatically enrolled into the Plan as soon as administratively possible after the 90th day following receipt of their automatic enrollment notice with a pre-tax deferral no less than 3% of eligible pay per pay period and 1% increase each March 1, generally beginning with the second calendar year that begins after automatic enrollment first applies to the participant, until the rate reaches 10%.

• Fixed Match – Constellation matches 60% of the first 5% of a participant’s eligible pay contributed per pay period by the employee for a maximum annual fixed match percentage of 3% of the participant’s eligible pay.
• Profit-Sharing – Additionally, Constellation may make an annual profit-sharing match of 60% of the first 5% of a participant’s eligible pay contributed per pay period for up to an additional 3% of eligible pay contributed per pay period, based on specified performance goals established by the Compensation Committee of Constellation Energy Corporation’s Board of Directors.

• Participants are always vested in their accounts.