{"url_path":"/sec/ppl/8-k/2026-06-30/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-30","source_url":"https://www.sec.gov/Archives/edgar/data/922224/0000922224-26-000040-index.html","accession_number":"0000922224-26-000040","cik":"0000922224","ticker":"PPL","issuer_name":"PPL Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/922224/0000922224-26-000040-index.html","primary_entity_key":"0000922224","primary_entity_name":"PPL Corp"},"word_count":420,"has_tables":true,"body_markdown":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers\n\nElection of Director\n\nOn June 30, 2026, the Board of Directors (\"Board\") of PPL Corporation (\"PPL\" or the \"Company\") elected Kenneth M. Hartwick a director of the Company, effective July 1, 2026.\n\nMr. Hartwick has been a member of the board of directors for MYR Group Inc., a publicly traded company specializing in electrical construction services, including transmission and distribution lines, substations, commercial and industrial buildings, and renewable energy, since 2015. He has held the position of Chairman of the Board at MYR Group since 2018 and is a member of the audit committee. In addition, Mr. Hartwick serves as a director for Denison Mines Corp., a Canadian publicly traded uranium exploration and development company, where he is a member of the audit committee. He also serves on the board of the Investment Management Corporation of Ontario, an independent Canadian institutional investor managing over $90 billion in assets on behalf of Ontario's public sector and is Chair of the Independent Electricity System Operator of Ontario.\n\nFrom 2019 to 2025, Mr. Hartwick served as the president and chief executive officer for Ontario Power Generation, a provincial owner of power generation in Ontario, Canada. He also served as their senior vice president of Finance, Strategy, Risk and chief financial officer. Prior to Ontario Power, Mr. Hartwick was the chief financial officer of Wellspring Financial Corporation, a Canadian sales financing company, and held the positions of chief executive officer and chief financial officer at Just Energy Group, Inc., chief financial officer at Hydro One Limited, and partner at Ernst & Young, LLP.\n\nMr. Hartwick will serve on the People and Compensation Committee and Finance Committee of the Board. The Board has determined that Mr. Hartwick satisfies the requirements for \"independence\" as set forth in the Company's Independence Guidelines and the applicable rules of the New York Stock Exchange.\n\nAs a non-employee director, Mr. Hartwick will receive the same compensation paid to other non-employee directors of PPL in accordance with the policies and procedures previously approved by the Board for non-employee directors. There are no arrangements or understandings pursuant to which Mr. Hartwick was elected, and there are no relationships or related transactions between the Company and Mr. Hartwick requiring disclosure under applicable Securities and Exchange Commission rules. Because the Board is declassified, all directors, including Mr. Hartwick, stand for election annually at the Company's annual meeting of shareholders.\n\nSection 7 - Regulation FD"}