PPL Corp — fact timeline

Kenneth M. Hartwick was elected as director at PPL Corp.

“elected Kenneth M. Hartwick a director of the Company, effective July 1, 2026.”

PPL Corp entered into Seventh Supplemental Indenture with The Bank of New York Mellon valued at $400 million (effective 2026-05-18).

“a seventh supplemental indenture dated May 18, 2026 between the Issuer and The Bank of New York Mellon, as securities registrar, trustee and paying agent (the "Seventh Supplemental Indenture"”

PPL Corp entered into Purchase Agreement with Barclays Capital Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and Scotia Capital (USA) Inc., as representatives of the several initial purchasers valued at $400 million (effective 2026-05-13).

“the Issuer entered into a purchase agreement dated May 13, 2026 (the "Purchase Agreement") with Barclays Capital Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and Scotia Capital (USA) Inc., as representatives of the several initial purchasers named therein”

PPL Corp incurred senior notes of $400 million with Barclays Capital Inc., Goldman Sachs & Co. LLC, Mizuho Securities USA LLC and Scotia Capital (USA) Inc. at 6.000% maturing May 15, 2056.

“On May 18, 2026, The Narragansett Electric Company (d/b/a Rhode Island Energy) (the "Issuer"), a wholly owned subsidiary of PPL Corporation, issued $400 million aggregate principal amount of 6.000% Senior Notes due 2056 (the "Notes").”

PPL Corp shareholders approved Ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026. at the 2026-05-13 meeting.

“Ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026. For Against Abstain Broker Non-Vote 662,634,703 6,313,167 1,092,164 0”

PPL Corp shareholders approved Approved the PPL Corporation Second Amended and Restated 2012 Stock Incentive Plan. at the 2026-05-13 meeting.

“Approved the PPL Corporation Second Amended and Restated 2012 Stock Incentive Plan. For Against Abstain Broker Non-Vote 582,471,858 16,548,521 2,007,574 69,012,081”

PPL Corp shareholders approved Approved, on an advisory basis, the 2025 compensation of the Company's named executive officers. at the 2026-05-13 meeting.

“Approved, on an advisory basis, the 2025 compensation of the Company's named executive officers. For Against Abstain Broker Non-Vote 580,083,934 18,747,637 2,196,382 69,012,081”

PPL Corp shareholders approved Election of all nine nominees for the office of director. at the 2026-05-13 meeting.

“Elected all nine nominees for the office of director. The votes for individual nominees were: Number of Votes For Against Abstain Broker Non-Vote Arthur P. Beattie 597,406,687 2,708,599 912,667 69,012,081 Raja Rajamannar 591,713,120 8,355,246 959,587 69,012,081 Heather B. Redman 597,251,939 2,839,974 936,040 69,012,081 Craig A. Rogerson 585,640,565 14,497,403 889,985 69,012,081 Vincent Sorgi 595,062,687 5,028,151 937,115 69,012,081 Linda G. Sullivan 591,126,424 9,054,086 847,443 69,012,081 Keith H. Williamson 586,715,596 13,385,229 927,128 69,012,081 Phoebe A. Wood 582,220,225 17,856,806 950,922 69,012,081 Armando Zagalo de Lima 592,113,051 7,891,865 1,023,037 69,012,081”

PPL Corp reported first-quarter 2026 results: net income $452 million, EPS $0.60. Guidance reaffirmed.

“PPL Corporation (NYSE: PPL) today announced first-quarter 2026 reported earnings (GAAP) of $452 million, or $0.60 per share, compared with first-quarter 2025 reported earnings of $414 million, or $0.56 per share.”

PPL Corp entered into Supplemental Indenture No. 20 (2039 RSNs) dated February 26, 2026 with The Bank of New York Mellon valued at Establishes terms of $1,000 principal amount 4.02% Remarketable Senior Notes due 2039 (effective 2026-02-26).

“including by Supplemental Indenture No. 19, establishing the terms of the 2034 RSNs and by Supplemental Indenture No. 20, establishing the terms of the 2039 RSNs, each dated as of February 26, 2026.”

PPL Corp entered into Supplemental Indenture No. 19 (2034 RSNs) dated February 26, 2026 with The Bank of New York Mellon valued at Establishes terms of $1,000 principal amount 4.02% Remarketable Senior Notes due 2034 (effective 2026-02-26).

“including by Supplemental Indenture No. 19, establishing the terms of the 2034 RSNs and by Supplemental Indenture No. 20, establishing the terms of the 2039 RSNs, each dated as of February 26, 2026.”

PPL Corp entered into Purchase Contract and Pledge Agreement dated February 26, 2026 with The Bank of New York Mellon valued at Stock purchase contracts and pledge of RSNs as collateral for Common Stock purchase obligations (effective 2026-02-26).

“The stock purchase contracts were issued pursuant to a Purchase Contract and Pledge Agreement dated as of February 26, 2026 (the "Purchase Contract and Pledge Agreement"), among the Company and The Bank of New York Mellon, as purchase contract agent, collateral agent, custodial agent and securities intermediary.”

PPL Corp entered into Underwriting Agreement dated February 23, 2026 with J.P. Morgan Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC valued at Issuance and sale of up to 23,000,000 Corporate Units at $50 each (effective 2026-02-23).

“On February 23, 2026, PPL Corporation (the "Company") and PPL Capital Funding, Inc. ("PPL Capital Funding") entered into an underwriting agreement (the "Underwriting Agreement") with the underwriters named in Section 3 thereto (the "Underwriters"), for whom J.P. Morgan Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC and RBC Capital Markets, LLC are acting as representatives, covering the issuance and sale of 20,000,000 equity units, initially in the form of corporate units (the "Corporate Units").”

PPL Corp entered into Purchase Agreement dated November 19, 2025 with Wells Fargo Securities, LLC and Barclays Capital Inc. valued at Purchase agreement for $1.15 billion aggregate principal amount of 3.000% Exchangeable Senior Notes (effective 2025-11-19).

“In connection with the offering, the Issuer and the Guarantor entered into a purchase agreement dated November 19, 2025 (the "Purchase Agreement") with Wells Fargo Securities, LLC and Barclays Capital Inc., as representatives of the several initial purchasers named therein (the "Initial Purchasers").”

PPL Corp entered into Indenture for 3.000% Exchangeable Senior Notes due 2030 with The Bank of New York Mellon Trust Company, N.A. valued at $1.15 billion aggregate principal amount of 3.000% Exchangeable Senior Notes due 2030 (effective 2025-11-24).

“On November 24, 2025, PPL Capital Funding, Inc., a wholly owned subsidiary of PPL Corporation (the "Issuer"), issued $1.15 billion aggregate principal amount of 3.000% Exchangeable Senior Notes due 2030 (the "Notes"), which included an additional $150 million principal amount of Notes purchased pursuant to the full exercise of the option granted to the Initial Purchasers (as defined below) in the Purchase Agreement (as defined below).”

PPL Corp issued convertible note to qualified institutional buyers for $1.15 billion aggregate principal amount.

“On November 24, 2025, PPL Capital Funding, Inc., a wholly owned subsidiary of PPL Corporation (the "Issuer"), issued $1.15 billion aggregate principal amount of 3.000% Exchangeable Senior Notes due 2030 (the "Notes")”

PPL Corp incurred convertible notes of $1.15 billion aggregate principal amount with Wells Fargo Securities, LLC and Barclays Capital Inc., as representatives of the several initial purchasers at 3.000% per year maturing December 1, 2030.

“On November 24, 2025, PPL Capital Funding, Inc., a wholly owned subsidiary of PPL Corporation (the "Issuer"), issued $1.15 billion aggregate principal amount of 3.000% Exchangeable Senior Notes due 2030 (the "Notes")”

Francis X. Sullivan departed as Executive Vice President and Chief Operating Officer at PPL Corp.

“On January 13, 2025, in connection with an internal reallocation of duties among the senior executives of PPL Corporation (the "Company"), the Board of Directors of the Company approved the elimination of the position of Executive Vice President and Chief Operating Officer of the Company, which will result in the separation of employment without cause of Francis X. Sullivan effective April 4, 2025.”

PPL Corp shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm at the 2024-05-15 meeting.

“Ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. For Against Abstain Broker Non-Vote 638,862,023 4,330,680 1,539,705 0”

PPL Corp shareholders approved Advisory vote on 2023 compensation of named executive officers at the 2024-05-15 meeting.

“Approved, on an advisory basis, the 2023 compensation of the Company's named executive officers. For Against Abstain Broker Non-Vote 550,664,178 20,086,764 2,781,348 71,200,118”

PPL Corp shareholders approved Election of all ten nominees for the office of director at the 2024-05-15 meeting.

“Elected all ten nominees for the office of director. The votes for individual nominees were: Number of Votes For Against Abstain Broker Non-Vote Arthur P. Beattie 568,797,528 3,543,876 1,190,886 71,200,118 Raja Rajamannar 561,884,191 10,230,298 1,417,801 71,200,118 Heather B. Redman 568,481,009 3,868,450 1,182,831 71,200,118 Craig A. Rogerson 552,794,165 19,523,106 1,215,019 71,200,118 Vincent Sorgi 564,056,696 8,235,919 1,239,675 71,200,118 Linda G. Sullivan 569,004,771 3,408,070 1,119,449 71,200,118 Natica von Althann 554,755,504 17,453,964 1,322,822 71,200,118 Keith H. Williamson 561,570,067 10,784,153 1,178,070 71,200,118 Phoebe A. Wood 558,517,104 13,826,155 1,189,031 71,200,118 Armando Zagalo de Lima 566,255,214 5,866,309 1,410,767 71,200,118”

PPL Corp reported through at least 2027 results: EPS 6% to 8%. Guidance reaffirmed.

“Reaffirms projected annual earnings per share and dividend growth of 6% to 8% through at least 2027.”

PPL Corp reported FY 2024 results: EPS $1.63 to $1.75 per share. Guidance reaffirmed.

“Reaffirms 2024 ongoing earnings forecast range of $1.63 to $1.75 per share with a midpoint of $1.69 per share.”

PPL Corp reported Q1 2024 results: net income $402 million, EPS $0.54.

“PPL Corporation (NYSE: PPL) today announced first-quarter 2024 reported earnings (GAAP) of $307 million, or $0.42 per share, compared with first-quarter 2023 reported earnings of $285 million, or $0.39 per share.”

PPL Corp incurred senior notes of $500 million aggregate principal amount of 5.350% Senior Notes due 2034 at 5.350% per year maturing May 1, 2034.

“On March 25, 2024, The Narragansett Electric Company (d/b/a Rhode Island Energy) (the "Issuer"), a wholly owned subsidiary of PPL Corporation, issued $500 million aggregate principal amount of 5.350% Senior Notes due 2034 (the "Notes").”

PPL Corp entered into Sixth Supplemental Indenture with The Bank of New York Mellon valued at Supplemental indenture governing the Notes, dated March 25, 2024, between the Issuer and The Bank of (effective 2024-03-25).

“as further supplemented by a sixth supplemental indenture dated March 25, 2024 between the Issuer and The Bank of New York Mellon, as securities registrar, trustee and paying agent (the "Sixth Supplemental Indenture"”

PPL Corp entered into Purchase Agreement with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC and RBC Capital Markets, LLC valued at Issued $500 million aggregate principal amount of 5.350% Senior Notes due 2034; net proceeds of $496 (effective 2024-03-21).

“On March 25, 2024, The Narragansett Electric Company (d/b/a Rhode Island Energy) (the "Issuer"), a wholly owned subsidiary of PPL Corporation, issued $500 million aggregate principal amount of 5.350% Senior Notes due 2034 (the "Notes").”

PPL Corp reported year ended December 31, 2023 results: net income $740 million, EPS $1.00 per share. Guidance reaffirmed.

“PPL Corporation (NYSE: PPL) today announced 2023 reported earnings (GAAP) of $740 million, or $1.00 per share, compared with 2022 reported earnings of $756 million, or $1.02 per share.”

PPL Corp reported third-quarter 2023 results: net income $230 million, EPS $0.31. Guidance reaffirmed.

“PPL Corporation (NYSE: PPL) today announced third-quarter 2023 reported earnings (GAAP) of $230 million, or $0.31 per share”

PPL Corp reported the quarter ended June 30, 2023 results: net income $112 million, EPS $0.15 per share. Guidance reaffirmed.

“PPL Corporation (NYSE: PPL) today announced second-quarter 2023 reported earnings (GAAP) of $112 million, or $0.15 per share”

PPL Corp shareholders rejected Shareowner proposal to adopt a policy requiring independent board chair at the 2023-05-17 meeting.

“Rejected a shareowner proposal to adopt a policy to require the chair of the Board of Directors to be an independent member of the Board. For Against Abstain Broker Non-Vote 86,900,972 437,446,984 3,282,389 81,970,643”

PPL Corp shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent auditor for 2023 at the 2023-05-17 meeting.

“Ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. For Against Abstain Broker Non-Vote 602,114,089 6,010,670 1,476,229 0”

PPL Corp shareholders approved Advisory vote on the frequency of future say-on-pay votes at the 2023-05-17 meeting.

“Approved, on an advisory basis, for future advisory votes on executive compensation to occur each year. One Year Two Years Three Years Abstain Broker Non-Vote 514,136,372 1,968,377 9,166,212 2,359,384 81,970,643”

PPL Corp shareholders approved Advisory vote on 2022 compensation of named executive officers at the 2023-05-17 meeting.

“Approved, on an advisory basis, the 2022 compensation of the Company's named executive officers. For Against Abstain Broker Non-Vote 505,452,077 19,408,589 2,769,679 81,970,643”

PPL Corp shareholders approved Election of all ten nominees for director at the 2023-05-17 meeting.

“Elected all ten nominees for the office of director. The votes for individual nominees were: Number of Votes For Against Abstain Broker Non-Vote Arthur P. Beattie 522,362,597 4,049,125 1,218,623 81,970,643 Raja Rajamannar 515,321,203 10,888,337 1,420,805 81,970,643 Heather B. Redman 522,023,202 4,426,146 1,180,997 81,970,643 Craig A. Rogerson 506,851,950 19,584,902 1,193,493 81,970,643 Vincent Sorgi 517,508,568 8,839,403 1,282,374 81,970,643 Linda G. Sullivan 521,987,129 4,437,353 1,205,863 81,970,643 Natica von Althann 508,257,271 18,061,671 1,311,403 81,970,643 Keith H. Williamson 514,976,046 11,400,164 1,254,135 81,970,643 Phoebe A. Wood 516,503,573 9,921,382 1,205,390 81,970,643 Armando Zagalo de Lima 520,392,162 5,803,671 1,434,512 81,970,643”

PPL Corp reported the quarter ended March 31, 2023 results: EPS $0.39 per share. Guidance reaffirmed.

“PPL Corporation ("PPL") issued a press release announcing its financial results for the quarter ended March 31, 2023”

PPL Corp incurred senior notes of $1 billion aggregate principal amount with The Bank of New York Mellon, as trustee at 2.875% per year maturing March 15, 2028.

“On February 24, 2023, PPL Capital Funding, Inc., a wholly owned subsidiary of PPL Corporation (the "Issuer"), issued $1 billion aggregate principal amount of 2.875% Exchangeable Senior Notes due 2028 (the "Notes")”

PPL Corp entered into Indenture with The Bank of New York Mellon, as trustee valued at $1 billion aggregate principal amount of 2.875% Exchangeable Senior Notes due 2028 (effective 2023-02-24).

“The Issuer issued the Notes pursuant to an indenture, dated as of February 24, 2023 (the "Indenture"), among the Issuer, the Guarantor and The Bank of New York Mellon, as trustee.”

PPL Corp entered into Purchase Agreement with Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and RBC Capital Markets, LLC, as representatives of the several initial purchasers named therein valued at $1 billion aggregate principal amount of 2.875% Exchangeable Senior Notes due 2028 (effective 2023-02-21).

“In connection with the offering, the Issuer and the Guarantor entered into a purchase agreement dated February 21, 2023 (the "Purchase Agreement") with Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC and RBC Capital Markets, LLC, as representatives of the several initial purchasers named therein (the "Initial Purchasers").”

PPL Corp reported FY 2023 results: EPS $1.50 to $1.65. Guidance reaffirmed.

“PPL today reaffirmed its 2023 earnings forecast range of $1.50 to $1.65 per share.”

PPL Corp reported Q4 2022 results: EPS 0.28.

“PPL’s fourth-quarter 2022 reported earnings were $190 million, or $0.26 per share”

PPL Corp reported FY 2022 (year ended December 31, 2022) results: net income 1.04 billion, EPS 1.41.

“PPL Corporation (NYSE: PPL) today announced 2022 reported earnings (GAAP) of $756 million, or $1.02 per share”

Linda G. Sullivan was elected as Director at PPL Corp.

“On January 6, 2023, the Board of Directors ("Board") of PPL Corporation ("PPL" or the "Company") elected Linda G. Sullivan a director of the Company, effective January 10, 2023.”

Francis X. Sullivan was appointed as Executive Vice President and Chief Operating Officer at PPL Corp.

“the Company announced the appointment of Francis X. Sullivan as executive vice president and chief operating officer effective January 1, 2023.”

Gregory N. Dudkin changed role as Chief Operating Officer at PPL Corp.

“executive vice president and chief operating officer, Gregory N. Dudkin, who is on extended medical leave, shall no longer serve as the Company’s chief operating officer.”

PPL Corp: Amended Bylaws to add requirements related to Rule 14a-19 compliance for director nominations, including shareholder notice, evidence of compliance, nullification of non-compliant nominations, and related changes (effective 2022-12-16).

“On December 16, 2022, the Board of Directors of PPL Corporation (the “Company”) approved and adopted amendments to the Bylaws of the Company (as so amended, the “Bylaws”), effective December 16, 2022.”

PPL Corp reported the quarter ended September 30, 2022 results: EPS $0.24. Guidance raised.

“PPL Corporation (NYSE: PPL) today announced third-quarter 2022 reported earnings (GAAP) of $174 million, or $0.24 per share”

Heather B. Redman was elected as Director at PPL Corp.

“elected Heather B. Redman a director of the Company, effective October 11, 2021.”

John R. Crockett III was appointed as President at PPL Corp.

“John R. Crockett III, who presently serves as the General Counsel, Chief Compliance Officer and Corporate Secretary of LKE, LG&E and KU, will succeed Mr. Thompson and will assume the role of President of each of the Companies effective October 1, 2021.”

Paul W. Thompson departed as President and Chief Executive Officer at PPL Corp.

“the retirement of Paul W. Thompson, President and Chief Executive Officer of LKE and its subsidiaries, Louisville Gas and Electric Company ("LG&E") and Kentucky Utilities Company ("KU" and together with LKE and LG&E, the "Companies") effective January 1, 2022.”