Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On June 24, 2022, Avangrid Management Company, LLC, a wholly owned subsidiary of Avangrid, Inc. (the "Corporation"), entered into a separation and release agreement (the "Separation Agreement") with Robert D. Kump in connection with his previously announced retirement as Deputy Chief Executive Officer and President of the Corporation. In addition to the separation payments and benefits that Mr. Kump is entitled to under his previously filed employment agreement in respect of a retirement, the Separation Agreement provides that in recognition of Mr. Kump's many years of service to the Corporation and its subsidiaries Mr. Kump will receive a payment of $900,000 and reimbursement of up to $20,000 in legal fees related to or arising out of his retirement, subject to customary confidentiality and restrictive covenant provisions, including non-disparagement, non-competition and non-solicitation.

The foregoing summary of the Separation Agreement is qualified in its entirety by reference to the full text of such agreement, a copy of which is filed by the Corporation as Exhibit 10.1 to this current report on Form 8-K.

Item 9.01 Financial Statements and Exhibits




(d) Exhibits

Exhibit
No.                                      Description

10.1          Confidential Separation Agreement and Release, dated June 24, 2022,
            between Robert D. Kump and Avangrid Management Company, LLC.

104         Cover page Interactive Data File (embedded within the Inline XBRL
            document)



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