AEP NAMED TO TOP 100 OF JUST CAPITAL’S 2022 LABOR EQUITY AND MOBILITY LIST

Columbus, Ohio, August 18, 2022 /PRNewswire/ — American Electric Power (Nasdaq: AEP) has been named to JUST Capital’s 2022 list of America’s Top 100 Companies for Equity and Labor Mobility, which recognizes companies that have established the bar for racial equity and labor opportunity and mobility.

JUST Capital, in partnership with the Anne E. Casey Foundation, created the list by evaluating Russell 1000 companies in key areas including opportunities for career advancement, career development programs, diversity, leadership efforts, equity and inclusion, fair compensation and general worker benefits.

“AEP is honored to be recognized by JUST Capital for advancing our workforce in diversity, equity and mobility,” said Nicholas K. Akins, Chairman and CEO of AEP. “Workforce equity and mobility are key to supporting our employees and creating a culture that reflects the diversity of the communities we serve. We strive to create a supportive and inclusive work environment and will continue our efforts to empower our employees.

Learn more about AEP’s strategy for building tomorrow’s workforce.

American Electric Power, based in Columbus, Ohio, powers a cleaner, brighter energy future for its customers and communities. AEP’s approximately 16,700 employees operate and maintain the nation’s largest electric transmission system and more than 224,000 miles of distribution lines to safely deliver reliable, affordable power to 5.5 million regulated customers. in 11 states. AEP is also one of the largest electricity producers in the country with approximately 31,000 megawatts of diversified generation capacity, including more than 7,100 megawatts of renewable energy. Company plans include growing its renewable energy generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to achieve an 80% reduction in carbon dioxide emissions against 2000 levels by 2030 and is committed to achieving net zero by 2050. AEP is recognized for its focus on sustainability, community engagement, and diversity, equity, and inclusion. AEP’s family of companies includes AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahomaand Southwestern Electric Power Company (in Arkansas, Louisianais Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative and competitive energy solutions nationwide. For more information, visit aep.com.

SOURCE American Electric Power

Michael A. Bynum