on July 1, 2020, the Board of the Corporation appointed eleven new directors to the Corporation’s Board, effective as of July 1, 2020. Also on July 1, 2020, the Board of the Utility appointed eight of the eleven New Directors, with the exception of Jessica L. Denecour, Robert C. Flexon and Michael R. Niggli, to the Utility’s Board, effective as of the Effective Time. As previously disclosed, Jessica L. Denecour, Robert C. Flexon and Michael R. Niggli will not be seated on the Board of the Utility pending resolution of the matters that are the subject of the Waiver Application pending before the Federal Energy Regulatory Commission. On July 2, 2020, the Boards of the Corporation and the Utility held concurrent in-person Board meetings. On July 2, 2020, the Board of the Corporation appointed Robert C. Flexon to serve as the independent non-executive Chair of the Board of the Corporation, and the Board of the Utility appointed Dean L. Seavers to serve as the independent non-executive Chair of the Board of the Utility, effective immediately. In addition, effective as of July 2, 2020 except as indicated, the membership of the committees of the Boards of the Corporation and the Utility is as described below: Audit Committees: Benjamin F. Wilson (Chair), Rajat Bahri, Kerry W. Cooper, Robert C. Flexon as members of Audit Committees. Compensation Committee: Mark E. Ferguson III (Chair), Jessica L. Denecour, Robert C. Flexon, Oluwadara J. Treseder as members of Compensation Committee. Compliance and Public Policy Committee: John M. Woolard (Chair), Cheryl F. Campbell, Kerry W. Cooper, William Craig Fugate and Arno L. Harris as members of Compliance and Public Policy Committee. Executive Committees: Robert C. Flexon (Chair, Corporation Executive Committee), Dean L. Seavers (Chair, Utility Executive Committee), Cheryl F. Campbell Jessica L. Denecour, Mark E. Ferguson III, William L. Smith, Andrew M. Vesey, Benjamin F. Wilson and John M. Woolard as members of Executive Committees. Finance Committee: Dean L. Seavers (Chair), Kerry W. Cooper, Arno L. Harris, Michael R. Niggli, Oluwandara J. Treseder as members of Finance Committee. Nominating and Governance Committee: Robert C. Flexon (Chair), Jessica L. Denecour, Dean L. Seavers, Benjamin F. Wilson as members of Nominating and Governance Committee. Safety and Nuclear Oversight Committees: Cheryl F. Campbell (Chair),William Craig Fugate, Mark E. Ferguson III, Michael R. Niggli and Dean L. Seavers as Safety and Nuclear Oversight Committees. Technology and Cybersecurity Committee: Jessica L. Denecour (Chair), Rajat Bahri, Mark E. Ferguson III, Michael R. Niggli and John M. Woolard as members of Technology and Cybersecurity Committee.