Consolidated Edison, Inc. elected Ms. Deirdre Stanley and Mr. William J. Mulrow as members of the Board. Ms. Stanley was appointed to the Corporate Governance and Nominating Committee, the Environment, Health and Safety Committee, and the Operations Oversight Committee of the Board. Mr. Mulrow was appointed to the Environment, Health and Safety Committee, the Finance Committee, and the Management Development and Compensation Committee of the Boards. Ms. Stanley is Executive Vice President and General Counsel of Thomson Reuters. Mr. Mulrow is a Senior Advisor at Blackstone. Ms. Stanley and Mr. Mulrow will each participate in the compensation arrangements described under Director Compensation in Con Edison's proxy statement for its 2017 annual meeting of stockholders.