Understanding Our Form 10-K One of our priorities at Constellation Energy is to provide you with clear, easy-to-read and easy-to-understand information about our company. We want you to know what we do, how we do it, and how we're doing at it. So we're working to make our Form 10-K - our annual report required to be filed with the Securities and Exchange Commission - more welcoming and less complex. This special section is intended to be a guide, describing some of what you can find in our Form 10-K, and where you can find it. Our complete Form 10-K follows this special section. Breaking Down Our Form 10-K The information contained in the Form 10-K is broken down into Parts, which are further broken down into Items. Our Form 10-K has four Parts: Part I In-depth descriptions of our businesses. Part II Our financial performance, the information in which investors are usually most interested. Part III Directs readers to our proxy statement for details on our Board of Directors and executive officers and their compensation, and information about our independent auditors and the fees we have paid them. Part IV A listing of exhibits, and certain executive and Board of Directors' signatures. Over the next few pages, we provide summaries of some of the major topics included in Parts I and II, and where you can find them. We're doing that for Parts I and II because they contain the most detailed information about our business.