PPL Corporation Investor Presentation — February 2021

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February 18, 20212 PPL 4thQuarter Earnings Call –February 18, 2021Cautionary Statements and

Factors That May Affect Future Results

Statements made inthispresentation about future operating results orother

future events, including theprocess tosellPPL ’s U.K.business, areforward -

looking statements under theSafe Harbor provisions ofthePrivate Securities

Litigation Reform Actof1995 .Actual results may differ materially from the

forward -looking statements .Adiscussion ofsome ofthefactors that could

cause actual results orevents tovary iscontained intheAppendix tothis

presentation and intheCompany’s SEC filings .Unless otherwise expressly

specified, thefigures inthispresentation donotreflect theeffects ofanysale

Management utilizes non-GAAP financial measures such as,“earnings from

ongoing operations” or“ongoing earnings” inthispresentation .Foradditional

information onnon-GAAP financial measures and reconciliations tothe

appropriate GAAP measure, refer totheAppendix ofthis presentation and

PPL ’s earnings release .3 PPL 4thQuarter Earnings Call –February 18, 2021Agenda

I.Executive Review and Operational Updates

Vince Sorgi4 PPL 4thQuarter Earnings Call –February 18, 20212020 Executive Review

➢Kept employees safe and informed

✓Implemented social distancing, PPE and revised

work practices to protect frontline workers

✓Promptly transitioned to work from home for 40%

➢Delivered for customers when it mattered most

✓Maintained superior operational performance

throughout volatile pandemic conditions

✓Earned 3 additional J.D. Power Awards at U.S.

operations for exceptional customer service

➢Provided additional support to customers and

✓Pledged more than $2 million to relief funds and

programs aimed at assisting customers who are

struggling financially during the pandemic

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