Certain Common Stock of PPL Corporation are subject to a Lock-Up Agreement Ending on 26-MAR-2026. These Common Stock will be under lockup for 31 days starting from 23-FEB-2026 to 26-MAR-2026.

Details:
The officers and directors have agreed that, without the prior written consent of J.P. Morgan Securities LLC and BofA Securities, Inc., on behalf of the underwriters, they will not, during the period ending 30 days after the date of this prospectus supplement directly or indirectly, (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any shares of common stock or any securities convertible into or exercisable or exchangeable for common stock or make any public announcement of an intention thereof or (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the common stock, whether any such transaction described in (i) or (ii) above is to be settled by delivery of common stock or such other securities, in cash or otherwise, or make any public announcement of an intention thereof.