Constellation Energy is an industry leader in corporate governance. Twelve of the 13 members of our Board of Directors are independent. Michael D. Sullivan, one of our independent directors, serves as Lead Director. We conduct our business honestly, with respect for our professional obligations, and with regard for legal and regulatory requirements.

• Bylaws 
  Amended as of February 22, 2008
  
  
• NYSE Corporate Governance Listing Standards
  Outlines Constellation Energy's compliance with NYSE's corporate governance listing standards.
  
  
• Corporate Governance Guidelines
  Provides a framework for the governance of Constellation Energy's Board of Directors and the Board committees.
  
  
• Corporate Compliance Program
  Serves as the framework for enhancing and monitoring compliance with Constellation Energy's compliance policies.
  
  
• Principles of Business Integrity
  Provides guidance on a wide range of conduct, conflict of interest and legal compliance issues for all Constellation Energy employees, officers and directors.
  
  
• Insider Trading Policy
  Sets forth the general standards for all employees, officers and directors with respect to transactions in Constellation Energy's securities.

• Policy and Procedures With Respect to Related Person Transactions 
  Sets forth the review, approval and reporting requirements for transactions between Constellation Energy and its employees or board members

• Information Disclosure Policy 
  Sets forth the standards for communicating material nonpublic information to external parties.