B OARD F ACTS & F AQ BOARD FACT SHEET Board of Director Information (as of April 20, 2021) Size of Board 12 Average Age of Directors 64 Number of Independent Directors 11 Separate Chairman & CEO No Lead Director Yes Independent Audit Committee Yes Number of Financial Experts on the Audit Committee 6 Independent Compensation Committee Yes Independent Corporate Governance Committee Yes Number of Scheduled Board Meetings At Least 6 Annual Board Elections Yes Corporate Governance Guidelines Approved by the Board Yes Outside Directors Hold Meetings Without Management Present Yes Annual Board Self-Evaluation Required Yes Annual Review of Independence of Board Yes Key Committee Self Evaluations Required Yes Charters for Audit, Executive, Policy, Finance, Human Resources, Nuclear Oversight and Corporate Governance Committees Yes Board Orientation/Education Program Yes Code of Ethics Yes Proxy Access for Director Nominations Yes Annual Shareholder Outreach Program Yes Directors Elected by the Vote of a Majority of Votes Cast in Uncontested Election Yes Director Stock Ownership and Holding Requirements Yes Executive Stock Ownership and Holding Requirements Yes Charter Poison Pill No FREQUENTLY ASKED QUESTIONS How do I contact members of the Board of Directors? Does the Board of Directors have an outside lead director? What does AEP look for when nominating a new director? Will the Board consider individuals that shareholders suggest as potential directors? Do the outside members of the Board meet in executive session without any members of management? Are most of your directors independent? Has AEP adopted formal principles of corporate governance? Do Officers and Directors at AEP abide by a code of business conduct and ethics? How often does the Board meet? Does the Board have an orientation program for new directors? Does the Board conduct any ongoing outreach with shareholders? B2B & SUPPLIERS RECREATION ENVIRONMENT SAFETY & HEALTH Use of this site constitutes acceptance of the AEP Terms and Conditions. © 1996-2021 American Electric Power Company, Inc. All Rights Reserved. REQUIRED INTERNET POSTINGS | SITEMAP | DO NOT SELL MY PERSONAL INFO | PRIVACY POLICY