N EWS R ELEASES

• First-quarter 2021 earnings of $1.16 per share GAAP and $1.15 per share operating
• Company reaffirms 2021 operating earnings (non-GAAP) guidance range of $4.55 to $4.75 per share and 5% to 7% long-term growth rate
• AEP announces plans to add nearly 16,600 megawatts of new renewables by 2030

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 74 cents a share on the company’s common stock.

AEP Energy, a subsidiary of American Electric Power, has signed an agreement with the Fremont, Ohio-based Crown Battery Manufacturing Company to provide clean energy through the company’s Integrated Renewable Energy (IRE) solution.

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, April 22. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

American Electric Power’s 199-megawatt (MW) Sundance Wind Energy Center in north central Oklahoma has begun commercial operation. Located in Woods County, Sundance is one of three wind projects that compose the North Central Energy Facilities, which will provide 1,485 MW of clean energy to customers of AEP’s Public Service Company of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO) subsidiaries.

AEP Energy, a subsidiary of American Electric Power, has signed an agreement with Opdenergy, an Independent Power Producer with extensive experience in the development, financing, construction and operation of renewable assets.

American Electric Power has received the 2021 Gallup Exceptional Workplace Award, which recognizes organizations with engaged workplace cultures. AEP was one of 39 companies selected to receive the award.

Analysis supports company’s goal to achieve net zero carbon emissions by 2050 

American Electric Power has released its Climate Scenario Analysis, a report that examines the impacts of climate change on the company’s operations, as well as the potential implications of the transition to a clean energy economy.

AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company, is seeking proposals for off-take from new solar, new/repowered wind facilities, and stand-alone or co-located Battery Energy Storage Systems (BESS) located in PJM.

Six major utilities today announced a plan to ensure that electric vehicle (EV) drivers have access to a seamless network of charging stations connecting major highway systems from the Atlantic Coast, through the Midwest and South, and into the Gulf and Central Plains regions.