AMERICAN ELECTRIC POWER CO INC

With respect to the 2022-2024 performance share awards, the HR Committee approved the following results and pay outcomes:

•Cumulative total shareholder return (TSR) (40 percent weight) of 20.5 percent for the performance period, which placed the Company at the 59 th percentile relative to the companies in AEP's custom TSR Peer Group and resulted in a score of 129.3 percent of target.

•Cumulative operating earnings per share (50 percent weight) of $15.958 for this performance period, which was above target and produced a score of 107.3 percent of target.

•Non-emitting generating capacity (10 percent weight) represented 31.1 percent of the Company's total owned and purchased capacity at the end of the performance period, which was below target and produced a score of 44.2 percent of target. In April 2023, the HR Committee approved an adjustment to the original target for this metric to exclude competitive renewable assets that were sold.

•The weighted average score for these factors resulted in a payout of 109.8 percent of target for this performance period.