On May 25, 2016, the Boards of Directors of Edison International and Southern California Edison Company announced the following executive changes: Theodore F. Craver, Jr., Chairman of the Board, Chief Executive Officer and President of Edison International and a director of Southern California Edison Company, will retire effective September 30, 2016 upon reaching age 65. Mr. Craver will continue to serve as Chairman of the Board and Chief Executive Officer of Edison International and as a director of Edison International and Southern California Edison Company until September 30, 2016 and as President of Edison International until June 1, 2016. Pedro J. Pizarro, age 50, who currently serves as President and a director of Southern California Edison Company, has been elected President of Edison International and appointed a director of Edison International effective June 1, 2016.

He also has been elected to serve as Chief Executive Officer of Edison International upon the retirement of Mr. Craver on September 30, 2016. Mr. Pizarro will, effective June 1, 2016, resign his position as President of Southern California Edison Company. Mr. Pizarro will remain a director of Southern California Edison Company.

Mr. Pizarro has served as President of Southern California Edison Company since October 2014 and was President of Edison Mission Energy from January 2011 to March 2014. Kevin M. Payne, age 55, currently Southern California Edison Company's Senior Vice President, Customer Service, has been elected Chief Executive Officer of Southern California Edison Company and appointed a director of Southern California Edison Company effective June 1, 2016, at which time he will resign his position as Southern California Edison Company's Senior Vice President, Customer Service. Mr. Payne has served as Southern California Edison Company's Senior Vice President, Customer Service since March 2014.

Ronald O. Nichols, age 62, currently Southern California Edison Company's Senior Vice President, Regulatory Affairs, has been elected Southern California Edison Company's President effective June 1, 2016, at which time he will resign his position as Southern California Edison Company's Senior Vice President, Regulatory Affairs. W. James Scilacci, Executive Vice President and Chief Financial Officer of Edison International, will retire on September 30, 2016. Maria Rigatti, age 52, who currently serves as Southern California Edison Company's Senior Vice President and Chief Financial Officer, has been elected to serve as Executive Vice President and Chief Financial Officer of Edison International upon the retirement of Mr. Scilacci on September 30, 2016, at which time Ms. Rigatti will resign her position as Southern California Edison Company's Senior Vice President and Chief Financial Officer.

Ms. Rigatti has served as Senior Vice President and Chief Financial Officer of Southern California Edison Company since July 2014. William (Tres) Petmecky, age 47, currently Southern California Edison Company's Vice President and Treasurer, has been elected to serve as Southern California Edison Company's Senior Vice President and Chief Financial Officer effective September 30, 2016, replacing Ms. Rigatti, at which time Mr. Petmecky will resign his position as Southern California Edison Company's Vice President and Treasurer. Mr. Petmecky has served as Southern California Edison Company's Vice President and Treasurer since September 2014.

On May 25, 2016, the Boards of Directors of Edison International and Southern California Edison Company also announced that William P. Sullivan, currently an independent director of Edison International and Southern California Edison Company will, effective September 30, 2016, be appointed to serve as non-executive Chair of the Board of Edison International. Mr. Craver will continue to serve as a member of the Pricing Committee of Southern California Edison Company's Board of Directors until his retirement on September 30, 2016. At that time, Mr. Payne will replace Mr. Craver on that committee.

Mr. Pizarro currently serves as a member of the Pricing Committee of Southern California Edison Company's Board of Directors and will continue to do so.