N EWS R ELEASES

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 78 cents a share on the company’s common stock.

American Electric Power announced today that it has successfully remarketed its 3.40% Junior Subordinated Debentures due 2024 (the “Original Debentures”), which were originally issued March 19, 2019, as a component of AEP’s Equity Units.

American Electric Power plans to invest in its regulated businesses and renewable generation as it continues to transform and build a cleaner, more modern energy system. The company announced its 2022 operating earnings (earnings excluding special items) guidance range of $4.85 to $5.05 per share, reflecting its projected annual operating earnings growth rate of 5% to 7%. AEP has met or exceeded its earnings per share guidance every year for more than a decade. AEP management will discuss the company’s strategy and financial growth plans during the annual Edison Electric Institute Financial Conference, Nov. 7-9.

Southwestern Electric Power Company, a public utility subsidiary of American Electric Power, announced that on Dec. 3, 2021, it will redeem the entire outstanding $275 million principal amount of its 3.55 percent Senior Notes, Series I, due 2022. The notes will be redeemed at 100 percent of the principal amount 

• Third-quarter 2021 GAAP earnings of $1.59 per share and $1.43 per share operating
• Company narrows 2021 operating earnings (non-GAAP) guidance range to $4.65 to $4.75 per share, raising midpoint to $4.70
• AEP reaffirms 5% to 7% long-term growth rate

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Oct. 28. The call will be broadcast live over the internet at aep.com/webcasts.

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 78 cents a share on the company’s common stock, an increase of 4 cents per share. The increase is in line with the company’s 5% to 7% operating earnings growth range.

• Second-quarter 2021 GAAP earnings of $1.16 per share and $1.18 per share operating
• Company reaffirms 2021 operating earnings (non-GAAP) guidance range of $4.55 to $4.75 per share; maintains 5% to 7% long-term growth rate

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.

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