IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE
FIRSTENERGY CORP.
ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY 24, 2023
Under the federal securities laws and the Securities and Exchange Commission rules, you are receiving this notice that the proxy materials for FirstEnergy Corp.’s Annual Meeting of Shareholders are available on the Internet (the “Notice”) at www.FirstEnergyCorp.com/AnnualMeeting. This Notice is NOT a form for voting and presents only an overview of the more complete proxy materials, which contain important information and are available on the Internet or by mail. We encourage you to access and review the proxy materials before voting.
WHEN AND WHERE IS THE SHAREHOLDERS’ MEETING?
The 2023 Annual Meeting of Shareholders of FirstEnergy Corp. will be held on Wednesday, May 24, 2023, at 8:00 a.m., EDT in an online-only live format, at http://www.cesonlineservices.com/fe23_vm. You will not be able to attend this meeting in person. To attend the virtual Annual Meeting please register at http://www.cesonlineservices.com/fe23_vm no later than 9:00 a.m., EDT on May 23, 2023. Online access will begin at 7:30 a.m., EDT on May 24, 2023.
WHAT MATTERS ARE BEING VOTED ON AT THE ANNUAL MEETING OF SHAREHOLDERS?
| 1. | Election of 11 Directors: Jana T. Croom, Steven J. Demetriou, Lisa Winston Hicks, Paul Kaleta, Sean T. Klimczak, Jesse A. Lynn, James F. O’Neil III, John W. Somerhalder II, Andrew Teno, Leslie M. Turner and Melvin Williams; |
| 2. | Ratify the Appointment of the Independent Registered Public Accounting Firm for 2023; |
| 3. | Approve, on an Advisory Basis, Named Executive Officer Compensation; |
| 4. | Approve, on an Advisory Basis, the Frequency of Future Advisory Votes to Approve Named Executive Officer Compensation; |
| 5. | Approve an Amendment to the Amended and Restated Code of Regulations to Reduce the Percentage of Shares Required to Call a Special Meeting of Shareholders; |
| 6. | Consider a Shareholder Proposal Regarding Shareholder Ratification of Termination Pay; and |
| 7. | Consider a Shareholder Proposal to Establish a New Board Committee on Decarbonization Risk. |
WHAT DOES YOUR BOARD OF DIRECTORS RECOMMEND?
Your Board of Directors recommends a vote:
| 1. | FOR the Election of All of the Nominees Listed in Item 1; |
| 2. | FOR the Ratification of the Appointment of the Independent Registered Public Accounting Firm for 2023 (Item 2); |
| 3. | FOR the Advisory Vote to Approve Named Executive Officer Compensation (Item 3); |
| 4. | 1 YEAR for the Frequency of Future Advisory Votes to Approve Named Executive Officer Compensation (Item 4); |
| 5. | FOR the Amendment to the Amended and Restated Code of Regulations to Reduce the Percentage of Shares Required to Call a Special Meeting of Shareholders (Item 5); |
| 6. | AGAINST the Shareholder Proposal Requesting Shareholder Ratification of Termination Pay (Item 6); and |
| 7. | AGAINST the Shareholder Proposal to Establish a New Board Committee on Decarbonization Risk (Item 7). |