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ATLANTIC CITY ELECTRIC CO

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 12, 2026

EXC$45.65+0.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago and State of Illinois on the 12th day of February, 2026.

EXELON CORPORATION
By:/s/ CALVIN G. BUTLER JR.
Name:Calvin G. Butler Jr.
Title:President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities indicated on the 12th day of February, 2026.

SignatureTitle
/s/ CALVIN G. BUTLER JR.President, Chief Executive Officer (Principal Executive Officer), and Director
Calvin G. Butler Jr.
/s/ JEANNE M. JONESExecutive Vice President, Chief Finance Officer, Audit and Risk (Principal Financial Officer)
Jeanne M. Jones
/s/ ROBERT A. KLECZYNSKISenior Vice President, Controller and Tax (Principal Accounting Officer)
Robert A. Kleczynski

This annual report has also been signed below by Colette D. Honorable, Attorney-in-Fact, on behalf of the following Directors on the date indicated:

Anna RichoLinda P. Jojo
W. Paul BowersCharisse R. Lillie
Marjorie Rodgers CheshireBryan Segedi
Matthew RogersDavid G. DeWalt
By:/s/ COLETTE D. HONORABLEFebruary 12, 2026
Name:Colette D. Honorable

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago and State of Illinois on the 12th day of February, 2026.

COMMONWEALTH EDISON COMPANY
By:/s/ GIL C. QUINIONES
Name:Gil C. Quiniones
Title:President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities indicated on the 12th day of February, 2026.

SignatureTitle
/s/ GIL C. QUINIONESPresident, Chief Executive Officer (Principal Executive Officer), and Director
Gil C. Quiniones
/s/ JOSHUA S. LEVINSenior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer)
Joshua S. Levin
/s/ ERIN V. WHITEDirector, Accounting (Principal Accounting Officer)
Erin V. White

This annual report has also been signed below by Gil C. Quiniones, Attorney-in-Fact, on behalf of the following Directors on the date indicated:

Michael A. InnocenzoRicardo Estrada
Elizabeth BuchananZaldwaynaka Scott
Stephen BowmanSmita Shah
By:/s/ GIL C. QUINIONESFebruary 12, 2026
Name:Gil C. Quiniones

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago and State of Illinois on the 12th day of February, 2026.

PECO ENERGY COMPANY
By:/s/ DAVID M. VAHOS
Name:David M. Vahos
Title:President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities indicated on the 12th day of February, 2026.

SignatureTitle
/s/ DAVID M. VAHOSPresident, Chief Executive Officer (Principal Executive Officer), and Director
David M. Vahos
/s/ MARISSA E. HUMPHREYSenior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer)
Marissa E. Humphrey
/s/ MARIANA HUFFORDDirector, Accounting (Principal Accounting Officer)
Mariana Hufford

This annual report has also been signed below by David M. Vahos, Attorney-in-Fact, on behalf of the following Directors on the date indicated:

Michael A. InnocenzoMichael Nutter
John S. GradyMichelle Hong
Sharmain Matlock-TurnerRoberto E. Perez
By:/s/ DAVID M. VAHOSFebruary 12, 2026
Name:David M. Vahos

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago and State of Illinois on the 12th day of February, 2026.

BALTIMORE GAS AND ELECTRIC COMPANY
By:/s/ TAMLA A. OLIVIER
Name:Tamla A. Olivier
Title:President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities indicated on the 12th day of February, 2026.

SignatureTitle
/s/ TAMLA A. OLIVIERPresident, Chief Executive Officer (Principal Executive Officer), and Director
Tamla A. Olivier
/s/ MICHAEL J. CLOYDSenior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer)
Michael J. Cloyd
/s/ DAMON M. SCOLERIDirector, Accounting (Principal Accounting Officer)
Damon M. Scoleri

This annual report has also been signed below by Tamla A. Olivier, Attorney-in-Fact, on behalf of the following Directors on the date indicated:

Michael A. InnocenzoTim Regan
Keith LeeAmy Seto
Rachel Garbow MonroeMaria Harris Tildon
Byron Marchant
By:/s/ TAMLA A. OLIVIERFebruary 12, 2026
Name:Tamla A. Olivier

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago and State of Illinois on the 12th day of February, 2026.

PEPCO HOLDINGS LLC
By:/s/ J. TYLER ANTHONY
Name:J. Tyler Anthony
Title:President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities indicated on the 12th day of February, 2026.

SignatureTitle
/s/ J. TYLER ANTHONYPresident, Chief Executive Officer (Principal Executive Officer), and Director
J. Tyler Anthony
/s/ ELIZABETH MORGAN DOWNS O'DONNELLSenior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer)
Elizabeth Morgan Downs O'Donnell
/s/ JASON T. JONESDirector, Accounting (Principal Accounting Officer)
Jason T. Jones
Antoine AllenBenjamin Wu
Michael A. InnocenzoLinda W. Cropp
Debra P. DiLorenzoRosie Allen-Herring
By:/s/ J. TYLER ANTHONYFebruary 12, 2026
Name:J. Tyler Anthony

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago and State of Illinois on the 12th day of February, 2026.

POTOMAC ELECTRIC POWER COMPANY
By:/s/ J. TYLER ANTHONY
Name:J. Tyler Anthony
Title:President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities indicated on the 12th day of February, 2026.

SignatureTitle
/s/ J. TYLER ANTHONYPresident, Chief Executive Officer (Principal Executive Officer), and Director
J. Tyler Anthony
/s/ ELIZABETH MORGAN DOWNS O'DONNELLSenior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer), and Director
Elizabeth Morgan Downs O'Donnell
/s/ JASON T. JONESDirector, Accounting (Principal Accounting Officer)
Jason T. Jones
Michael A. InnocenzoJacyln Cantler
Rodney OddoyeAnne C. Bancroft
Amber Perry
By:/s/ J. TYLER ANTHONYFebruary 12, 2026
Name:J. Tyler Anthony

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago and State of Illinois on the 12th day of February, 2026.

DELMARVA POWER & LIGHT COMPANY
By:/s/ J. TYLER ANTHONY
Name:J. Tyler Anthony
Title:President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities indicated on the 12th day of February, 2026.

SignatureTitle
/s/ J. TYLER ANTHONYPresident, Chief Executive Officer (Principal Executive Officer), and Director
J. Tyler Anthony
/s/ ELIZABETH MORGAN DOWNS O'DONNELLSenior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer)
Elizabeth Morgan Downs O'Donnell
/s/ JASON T. JONESDirector, Accounting (Principal Accounting Officer)
Jason T. Jones

Michael A. Innocenzo

By:/s/ J. TYLER ANTHONYFebruary 12, 2026
Name:J. Tyler Anthony

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Chicago and State of Illinois on the 12th day of February, 2026.

ATLANTIC CITY ELECTRIC COMPANY
By:/s/ J. TYLER ANTHONY
Name:J. Tyler Anthony
Title:President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities indicated on the 12th day of February, 2026.

SignatureTitle
/s/ J. TYLER ANTHONYPresident, Chief Executive Officer (Principal Executive Officer), and Director
J. Tyler Anthony
/s/ ELIZABETH MORGAN DOWNS O'DONNELLSenior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer)
Elizabeth Morgan Downs O'Donnell
/s/ JASON T. JONESDirector, Accounting (Principal Accounting Officer)
Jason T. Jones
ContentsView on SEC.gov

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