Item 7.01 Regulation FD Disclosure On November 6, 2020, a new three-year labor agreement between Louisville Gas and Electric Company ("LG&E") and the International Brotherhood of Electrical Workers Local 2100 was ratified by members of the Local 2100.

The agreement, which became effective November 11, 2020 and will run through November 10, 2023, includes a wage increase of 2.5 percent in the first year and wage reopeners in the subsequent years, among other provisions.

Local 2100 represents approximately 640 LG&E employees in Kentucky. As previously reported in our Form 10-Q for the period ended September 30, 2020, LG&E and Local 2100 reached an agreement-in-principle on November 4, 2020, which was then submitted to union members for a vote.

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