Constellation Energy Group Inc.

Mayo Shattuck was appointed President and Chief Executive Officer of Constellation Energy Group effective November 1, 2001, and was elected Chairman of the Board in July 2002. Prior to joining Constellation Energy, he was with Deutsche Bank, where he served as Chairman of the Board of Deutsche Bank Alex. Brown and, during his tenure, served as Global Head of Investment Banking and Global Head of Private Banking. From 1997 to 1999, he served as Vice Chairman of Bankers Trust Corporation, which merged with Deutsche Bank in June 1999. From 1991 until 1997, Mr. Shattuck was President and Chief Operating Officer and a Director of Alex. Brown Inc., which merged with Bankers Trust in September 1997. He received his Bachelor of Arts degree from Williams College and his Master of Business Administration degree from Stanford University where he graduated as an Arjay Miller Scholar. Mr. Shattuck has received an honorary Doctor of Public Service degree from the University of Maryland Baltimore County. Mayo Shattuck currently serves as a Director of Gap Inc. and is Chairman of its Audit and Finance Committee and is a Director of Capital One Financial Corporation and is Chairman of its Compensation Committee. Mr. Shattuck is a member of the board of the Edison Electric Institute (EEI), the Nuclear Energy Institute (NEI), and is Vice Chairman of the Board of the Institute of Nuclear Power Operations (INPO). He is a member of the Board of Trustees of Johns Hopkins Medicine and Chairman of the Board of Visitors of the University of Maryland Baltimore County.

Beth S. Perlman was appointed Chief Administrative Officer of Constellation Energy in June 2007. In her role as Chief Administrative Officer, Ms. Perlman is responsible for all of Constellation Energy's information technology, human resources, supply chain, real estate, and business continuity activities. In addition to this role, Ms. Perlman was asked to assume responsibility for Constellation Energy Projects & Services Group, which is a subsidiary of Constellation Energy responsible for energy consulting and services, in March 2009. Ms. Perlman joined Constellation Energy in 2002 as Chief Information Officer and Senior Vice President. In this role, Ms. Perlman established a company-wide technology platform, including the standardization of systems and architecture. Before joining Constellation Energy, Ms. Perlman served in various roles at Enron between 1995 and 2000. When she completed her tenure at Enron, Ms. Perlman was Vice President of Enron Wholesale Trading Technology. Prior to that role, Ms. Perlman served in several senior director positions within Enron's Risk division. Ms. Perlman's previous experience also includes: Project Manager, Equity Derivatives Technology for Lehman Brothers from 1993 to 1995, Group Manager, Finance & Accounting Systems for Kidder, Peabody & Company from 1990 to 1993, and J.P. Morgan from 1982 to 1990. Ms. Perlman serves as a board member of the American Technion Society, the Maryland/Israel Development Center, and Center Stage. She is also on the board of sponsors for the Sellinger School of Business at Loyola and is the current Chairman of Constellation Energy's 2008 and 2009 United Way campaigns. A New York native, Ms. Perlman graduated with a bachelor's degree in management information systems and finance from Syracuse University.

Brenda Boultwood is senior vice president and chief risk officer for Constellation Energy. Ms. Boultwood leads risk management activities for Constellation Energy and its businesses, including defining and assessing enterprise-wide business risks and facilitating proactive decision-making to effectively manage the risks associated with each business line. Prior to joining Constellation Energy, Ms. Boultwood most recently served as global head of strategy, Alternative Investment Services for J.P. Morgan Chase & Company, where she was responsible for developing strategy for the company's Hedge Fund Services, Private Equity Fund Services, Leveraged Loan Services and Global Derivative Services business lines. During her tenure at J.P. Morgan Chase, she also served as global head, strategic risk management for its Treasury Services group and as global business head, Global Derivative Services of its Alternative Investment Services group. Boultwood joined J.P. Morgan Chase when it acquired Bank One Corporation in 2003. Prior to the merger, Ms. Boultwood held risk management positions with Bank One Corporation, having served as head, corporate market risk management and head, corporate operational risk management, and then advancing to head, global risk management for its Global Treasury Services group. Ms. Boultwood also worked with PricewaterhouseCoopers as a senior manager in its Financial Risk Management Consulting Practice and was employed with Chemical Bank Corporation as a financial engineering associate. In addition, Ms. Boultwood spent six years teaching in the University of Maryland's Master of Business Administration program. Ms. Boultwood graduated with honors from the University of South Carolina with a bachelor's degree in international relations. Ms. Boultwood also earned a Ph.D. in economics from the City University of New York.

Charles A. Berardesco serves as Constellation Energy's Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer. He has primary responsibility for the company's legal strategies and policies, including corporate governance, legal compliance and ethics, corporate finance activities, mergers and acquisitions, and litigation. Mr. Berardesco formerly served as Vice President and Deputy General Counsel, a position he held since September 2006. He joined Constellation Energy in January 2003 as Associate General Counsel and was appointed Chief Compliance Officer and Corporate Secretary in 2005. Prior to joining Constellation Energy, Mr. Berardesco had practiced law for nearly 20 years, both in-house and with law firms. He served as Vice President, General Counsel & Corporate Secretary of Fusura, a consortium of AIG, Kemper and Prudential, and Senior Vice President, General Counsel & Corporate Secretary of HCIA, a publicly held health care information company. He was Counsel with the national law firm of Piper Rudnick (now DLA Piper), where he focused on corporate finance and mergers and acquisitions, and a partner in the law firm of Whiteford, Taylor & Preston, where he chaired the firm's corporate department and served as a member of its executive committee. Mr. Berardesco is also active in a number of charitable organizations, including having served as Chairman of the Board of the Woodbourne Center, President of the Presbyterian Home of Maryland, Chair of the Church Council of Foundry United Methodist Church and a member of the Board of Directors of the Baltimore Choral Arts Society. He is also a member of the Business Council of the Human Rights Campaign. Mr. Berardesco received his Juris Doctor (with high honors) in 1983 from The George Washington University, where he was the Managing Editor of The George Washington Law Review, and his Bachelor of Arts (magna cum laude) in 1980 from Duke University.

Jonathan W. Thayer was appointed Senior Vice President and Chief Financial Officer of Constellation Energy in October 2008. In his role as Chief Financial Officer, Mr. Thayer is responsible for all of Constellation Energy's financial matters, including strategy, accounting, audit, financial planning, tax, treasury and investor relations activities. Mr. Thayer joined Constellation Energy in 2002, at which time he served as Director, Investor Relations, responsible for managing Constellation Energy's relationships with shareholders and analysts. In 2004, he was appointed Vice President and Managing Director, Corporate Strategy & Development, responsible for strategic transaction analysis and planning. He was appointed Treasurer in August 2008. Prior to joining Constellation Energy, Mr. Thayer held financial positions at Deutsche Bank Securities Inc. and SBC Warburg Dillon Read Inc., primarily focusing on mergers and acquisitions and financing transactions within the health care services, medical technology, biotechnology and pharmaceuticals industries. Mr. Thayer served as a project officer in Mukono, Uganda from 1994-1995. He managed the Ugandan AIDS Project operations, including development and implementation of palliative AIDS care programs and implementation of administrative, training and supply networks for the Church of Uganda's rural health care initiative. Mr. Thayer earned a bachelor's degree in history from Middlebury College, cum laude, and a master's degree in business administration from Harvard University. He has also earned the title of Eagle Scout. Mr. Thayer was the Chairman of Constellation Energy's 2006 and 2007 United Way Campaign and currently serves as a Board member of The United Way of Central Maryland and Family and Children's Services of Central Maryland. A resident of Baltimore, Md., Mr. Thayer is married and has two children.

Michael (Mike) J. Wallace is vice chairman of Constellation Energy and chairman of UniStar Nuclear Energy, a strategic joint venture between Constellation Energy and the EDF Group, an energy market leader in Europe. Prior to joining Constellation Energy Group, Mr. Wallace was managing director of Barrington Energy Partners, LLC, a strategic consulting firm specializing in energy industry transactions and advisory services. He co-founded the firm in 1998 and has advised energy company executives on mergers and acquisitions, transaction financing, and market and investment opportunities. Before joining Barrington Energy, Mr. Wallace had more than 25 years of senior executive and utility operations experience. From 1993 to 1999, he was senior vice president with Unicom/ComEd of Illinois, a $7 billion utility serving 3.4 million customers. He was also ComEd's chief nuclear officer, responsible for the operation of the company's 12 nuclear generating units at six power plant sites. Mr. Wallace began with Unicom/ComEd in 1974 as a principal engineer, managing various responsibilities associated with the design, procurement, and construction of power plants. He became plant manager in 1979, then executive and manager in 1982, and vice president in 1990. In his tenure he had responsibility for the completion of the Braidwood and Byron Nuclear Stations of Commonwealth Edison. Mr. Wallace has a Bachelor of Science degree in electrical engineering from Marquette University and a Master of Business Administration degree from the University of Chicago, with a specialization in finance. He also served as a naval officer in the U.S. Navy nuclear submarine force. He is chairman of UniStar Nuclear Energy, a member of the National Infrastructure Advisory Council (NIAC) which advises the President on matters related to homeland security, chairman of the Nuclear Sector Coordinating Council under the Department of Homeland Security's National Infrastructure Protection Plan, director of Nuclear Electric Insurance Limited (NEIL), and a member of Marquette College of Engineering's National Advisory Council. He is active in a variety of boards and organizations, including those associated with Boy Scouts of America, Big Shoulders Fund of Chicago, Catholic Charities of Maryland, and Ocean Race Chesapeake. Mr. Wallace is married to Victoria Lynn Wallace and resides in Annapolis, Md. He has two married children and four grandchildren. Coastal and blue water sailing is a shared family recreational passion.

Paul J. Allen is responsible for Constellation Energy's government affairs, public policy portfolio and environmental initiatives. He is chairman of the corporate environmental policy committee. Allen joined Constellation Energy in 2001 as Vice President, Corporate Affairs. Before joining the company, Mr. Allen had worked closely with Constellation Energy for several years in his capacity as Senior Vice President and Group Head at Ogilvy Public Relations, Washington, D.C., where he managed the firm's energy and environment practice. In his 10 years at Ogilvy PR, Mr. Allen's clients included the Ford Motor Company, BP-Amoco, Edison International and Edison Mission Energy, the Edison Electric Institute (EEI), the Electric Power Research Institute (EPRI), and the Alliance for Competitive Electricity (ACE) as well as other energy companies and environmental NGOs. Prior to joining Ogilvy in 1991, he served for five years on the senior staff of the Natural Resources Defense Council. Before his tenure at NRDC, he was press secretary for U.S. Senator Christopher Dodd and participated in the Senator's reelection campaign in 1986. In 1979 Mr. Allen began working for National Public Radio where he was editor of the daily national news program, "Morning Edition." He also served as foreign news editor for all NPR news programs until joining Senator Dodd's staff in mid-1985. Mr. Allen graduated from the University of Colorado. Mr. Allen currently is the Chairman of the Chesapeake Bay Trust and serves as a member of the board of the Strathmore Hall Foundation.

Brew Barron is group executive and chief nuclear officer for Duke Energy. He is responsible for the safe and efficient operation of the company's three nuclear generating stations, McGuire, Oconee and Catawba nuclear stations. Barron has nearly 35 years of experience in the energy industry. He joined Duke Power in 1972 as an engineer at the Oconee Nuclear Station near Seneca, S.C. He served in plant engineering and operations management roles at McGuire Nuclear Station near Huntersville, N.C., for 10 years, supporting initial startup and operation. He was named superintendent of operations for Catawba Nuclear Station near Clover, S.C., in 1986; station manager for Oconee Nuclear Station in 1990; and manager of the nuclear assessment and issues division for the nuclear generation department in 1994. He served as vice president and general manager of nuclear operations at the Department of Energy's Idaho National Engineering Laboratory from 1994 through 1996, as part of the Duke Engineering & Services subsidiary. Barron was named vice president of McGuire Nuclear Station in 1996. He was named senior vice president of nuclear operations in September 2002. From 2002 through 2003, he served as chairman of the board of governors for Duke, Cogema, Stone & Webster LLC, which is responsible for the design, construction, operation and deactivation of a Department of Energy facility to produce nuclear fuel from excess weapons plutonium. He was named chief nuclear officer in January 2004. With the merger of Duke Energy and Cinergy in April 2006, Barron continued in this role. A native of Fair Haven, N.J., Barron graduated from the University of Virginia with a bachelor of science degree in nuclear engineering. Barron is a registered professional engineer in North Carolina. He has held a Nuclear Regulatory Commission-issued reactor operator license for Duke Power's Oconee Nuclear Station and a senior reactor operator license for McGuire Nuclear Station. He is past chairman of the Executive Committee of the Westinghouse Owners Group. He is a past member of the American Nuclear Society where he served as chairman of the reactor operations division and chairman of the Piedmont/Carolinas Section. Barron was born in 1950. He and his wife, Jacqueline, have two daughters and five grandchildren.

James L. Connaughton, executive vice president, corporate affairs, public and environmental policy, directs Constellation Energy's environmental and energy policy matters, as well as public and government affairs. He leads a comprehensive public and environmental policy agenda as the company leverages the strength of its low-emitting merchant fleet, expanding renewable portfolio and energy efficiency services, and its position as a leader in advancing the critical renaissance of emission-free nuclear energy. Prior to joining Constellation Energy in February 2009, Mr. Connaughton served as chairman, White House Council on Environmental Quality from 2001-2009. In this capacity, he served on President Bush's senior staff as senior environment, energy and natural resources advisor, and as director of the White House Office of Environmental Policy. During his service with the federal government, Mr. Connaughton worked closely with the president, his Cabinet and the Congress to develop and implement climate change, air pollution and energy security policies. This work led to a series of new mandatory programs, incentives, technology initiatives and public-private partnerships that included bipartisan energy legislation in 2005 and 2007, nearly $90 billion for clean energy technology research and incentives to accelerate commercial deployment of low-carbon technologies such as plug-in hybrid vehicles, renewable fuels, nuclear, solar, wind, and carbon capture and storage from coal power generation. Internationally, Mr. Connaughton helped establish a broad series of technology initiatives, the public-private Asia Pacific Partnership on Clean Development and Climate Change, and the Major Economies Leaders Meetings on Energy and Climate, in which Mr. Connaughton served as the president's personal representative. Mr. Connaughton also played a leading role in other major initiatives that included new air quality standards, major reductions in air pollution from power plants and diesel vehicles, improved management of public forests, greater conservation on farms, millions of acres of wetlands protection and restoration, cleanup and redevelopment of more than 10,000 abandoned industrial sites, international environmental cooperation agreements, environmental management and performance of federal government operations, and the creation of some of the world's largest and most ecologically diverse marine conservation areas. Prior to his public service, Mr. Connaughton was a partner in the environmental practice group at the law firm Sidley Austin, where he played a leading role in the development and implementation of the ISO 14000 series of international environmental management and performance standards. Mr. Connaughton is a trustee of the National Marine Sanctuary Foundation. A native of Maryland, he is a graduate of Yale University and graduated second in his class, magna cum laude, Order of the Coif, from the Northwestern University School of Law. In 2008, Northwestern University honored him with its Distinguished Alumni Award. He is married with two children.

Thomas F. Brady, Executive Vice President, Constellation Energy, has responsibility for corporate strategy. He assumed the corporate strategy position in 1999. In 2006, he was named Chairman of Baltimore Gas and Electric Company, and from 2002-2006, he was responsible for Constellation's retail lines of business, Constellation NewEnergy. Prior to his current position at Constellation Energy, Mr. Brady held various executive positions at Baltimore Gas and Electric, including Vice President and Chief Accounting Officer. Active in business, civic and community affairs, Mr. Brady serves as a trustee/director of Corporate Office Properties Trust (NYSE:OFC), Maryland Chamber of Commerce, Downtown Partnership of Baltimore, Inc. and Stevenson University. Mr. Brady also serves as President of the Constellation Energy Foundation. In the past, he has served as Chairman of the Maryland Public Broadcasting Commission/Maryland Public Television (2003-2007) and a Committee Chairman for the USGA 2002 Senior Open. Mr. Brady earned a Bachelor of Science degree from the University of Baltimore and holds a Master of Business Administration degree from Loyola College in Baltimore. He also has completed the advanced executive program at Pennsylvania State University. Mr. Brady is a Certified Public Accountant and in 1988-1989 he was chairman of the American Gas Association Accounting Advisory Council, a select group of nationally recognized financial experts that provided guidance in developing accounting guidelines for regulated energy enterprises. He was also selected as member of the 1988 U.S. Delegation for the Future Leaders Exchange Program to Europe. The delegation provided economic intelligence to the United States Information Agency regarding the proposed European Economic Community. Mr. Brady served in the Air National Guard/USAF between 1970 and 1976.

Kenneth W. DeFontes, Jr. is President and Chief Executive Officer of Baltimore Gas and Electric Company (BGE). He served as Vice President, Electric Transmission and Distribution from 2000 to 2004. Mr. DeFontes joined BGE in 1972 as an associate engineer and has held various leadership positions, including supervisor, general supervisor, manager and vice president. Mr. DeFontes served in the Maryland Air National Guard from 1972 to 1978 and was honorably discharged as staff sergeant. Mr. DeFontes is a member of the American Society of Mechanical Engineers and a board member of the American Gas Association, Southeastern Electric Exchange, and Reliability First Corporation. Other memberships include St. Joseph Medical Center Operating Board of Trustees, Baltimore Symphony Orchestra Board of Trustees, Economic Alliance of Greater Baltimore Board of Directors, Johns Hopkins Whiting School of Engineering National Advisory Council, The Center Club, Baltimore Country Club, and the Harford Flying Club. Mr. DeFontes holds a bachelor's degree in engineering from Swarthmore College in Pennsylvania and a master's degree in business administration from Loyola College in Maryland. A resident of Baltimore County, Md., Mr. DeFontes is married and has one son.

Mark joined BGE in 1986 as an associate engineer in Gas Operations and subsequently held a number of progressively responsible positions in Gas Engineering, including project management of cross-country pipelines. In 1999, he was named Constellation Energy's manager of Corporate Strategy & Development, and was subsequently elected vice president in May 2002. In this position he played a leading role in a series of acquisitions, including AES-NewEnergy, Alliance Energy Services, Fellon-McCord & Associates, Blackhawk Energy Services, Kaztex Energy Management, and Energy East's Ginna nuclear facility.

Ann C. Berzin , age 57, a director since February 2008, has been a private investor since 2001. From 1992 to 2001, she served as Chairman and Chief Executive Officer of Financial Guaranty Insurance Company (an insurer of municipal bonds and structured finance obligations). Ms. Berzin is a director of Ingersoll-Rand Company Ltd. and Kindred Healthcare, Inc

Freeman A. Hrabowski , III, age 58, a director since April 1999, has been President of the University of Maryland Baltimore County since 1993. He is also a director of the Baltimore Equitable Society and McCormick & Company, Inc. Dr. Hrabowski was a director of BGE from 1994 to April 1999.

James T. Brady , age 68, a director since May 1999, has been the Managing Director—Mid-Atlantic of Ballantrae International, Ltd. (a management consulting firm) since January 2000, and is the former secretary of the Maryland Department of Business & Economic Development, where he served from 1995 to 1998. He was also a managing partner of Arthur Andersen LLP from 1985 to 1995. Mr. Brady is a director of McCormick & Company, Inc., T. Rowe Price Group, Inc. and NexCen Brands, Inc. Mr. Brady was a director of Constellation Enterprises, Inc. from March 1998 to May 1999.

John L. Skolds , age 58, a director since November 2007, served as Executive Vice President of Exelon Corporation and President of Exelon Energy Delivery from December 2003 until his retirement in September 2007, and has been retired since that time. He also served as President of Exelon Generation from March 2005 to September 2007. From March 2002 to December 2003, Mr. Skolds served as Senior Vice President of Exelon Corporation and President and Chief Nuclear Officer of Exelon Nuclear.

Lynn M. Martin , age 69, a director since October 2003, has been President of The Martin Hall Group LLC (a human resources consulting firm) since January 2005. From 1993 to October 2005, Ms. Martin was an Advisor to Deloitte & Touche LLP. Ms. Martin served as United States Secretary of Labor from 1991 to 1993. Prior to her tenure as Secretary of Labor, she was a member of the United States House of Representatives from 1981 to 1991. She is also a director of The Procter & Gamble Company, Ryder System, Inc., AT&T Inc. and various funds of The Dreyfus Corporation.

Nancy Lampton , age 66, a director since April 1999, has been Chairman and Chief Executive Officer of American Life and Accident Insurance Company of Kentucky since 1971 and has been Chairman and Chief Executive Officer of its holding company, Hardscuffle, Inc., since January 2000. She is also a director of DNP Select Income Fund, Duff & Phelps Utility and Corporate Bond Trust Inc. and DTF Tax-Free Income Inc. Ms. Lampton was a director of BGE from 1994 to April 1999.

Robert J. Lawless , age 62, a director since January 2002, served as Chairman of the Board of McCormick & Company, Inc. (a company in the food manufacturing industry) from January 1997 until March 2009, having also served as President until December 2006 and Chief Executive Officer until January 2008, and is now retired. He is also a director of Baltimore Life, Inc.

Yves C. de Balmann , age 62, a director since July 2003, has been Co-Chairman of Bregal Investments LP (a private equity investing firm) since September 2002. He was Co-Chairman and Co-Chief Executive Officer of Deutsche Banc Alex. Brown from June 1999 to April 2001, and a Senior Advisor to Deutsche Bank AG from April 2001 to June 2003. He is also a director of ESI Group, a technology company based in France.