1 This Instrument Prepared By: /s/Christie D. Cannon Christie D. Cannon Delmarva Power & Light Company Mailstop 92DC42 500 N. Wakefield Drive Newark, DE 19702-5440 DELMARVA POWER & LIGHT COMPANY TO THE BANK OF NEW YORK MELLON, Trustee. ONE HUNDRED AND THIRTIETH SUPPLEMENTAL INDENTURE Dated as of January 1, 2022 (but executed on the dates shown on the execution page)
2 This ONE HUNDRED AND THIRTIETH SUPPLEMENTAL INDENTURE, dated as of the first day of January, 2022 (but executed on the dates hereinafter shown), made and entered into by and between DELMARVA POWER & LIGHT COMPANY, a corporation of the State of Delaware and the Commonwealth of Virginia, hereinafter called the Company and THE BANK OF NEW YORK MELLON, a New York banking corporation, hereinafter called the Trustee; WITNESSETH: WHEREAS, the Company heretofore executed and delivered its Indenture of Mortgage and Deed of Trust (hereinafter in this One Hundred and Thirtieth Supplemental Indenture called the “Original Indenture”), dated as of October 1, 1943, to The New York Trust Company, a corporation of the State of New York, as Trustee, to which The Bank of New York Mellon is successor Trustee, to secure the First Mortgage Bonds of the Company, unlimited in aggregate principal amount and issuable in series, from time to time, in the manner and subject to the conditions set forth in the Original Indenture granted and conveyed unto the Trustee, upon the trusts, uses and purposes specifically therein set forth, certain real estate, franchises and other property therein described, including property acquired after the date thereof, except as therein otherwise provided; and WHEREAS, the Original Indenture has been supplemented by one hundred and twenty-nine supplemental indentures specifically subjecting to the lien of the Original Indenture as though included in the granting clause thereof certain property in said supplemental indentures specifically described and amending and modifying the provisions of the Original Indenture (the Original Indenture, as amended, modified and supplemented by all of the indentures supplemental thereto, including this One Hundred and Thirtieth Supplemental Indenture, is hereinafter in this One Hundred and Thirtieth Supplemental Indenture called the “Indenture”); and WHEREAS, the execution and delivery of this One Hundred and Thirtieth Supplemental Indenture has been duly authorized by Unanimous Written Consent of the Board of Directors of the Company, and all conditions and requirements necessary to make this One Hundred and Thirtieth Supplemental Indenture a valid, binding and legal instrument in accordance with its terms, for the purposes herein expressed, and the execution and delivery hereof, have been in all respects duly authorized; and WHEREAS, it is provided in and by the Original Indenture, inter alia, as follows: “IT IS HEREBY AGREED by the Company that all the property, rights and franchises acquired by the Company after the date hereof (except any hereinbefore or hereinafter expressly excepted) shall (subject to the provisions of Section 9.01 hereof and to the extent permitted by law) be as fully embraced within the lien hereof as if such property, rights and franchises were now owned by the Company and/or specifically described herein and conveyed hereby;” and WHEREAS, the Company has acquired certain other property, real, personal and mixed, which heretofore has not been specifically conveyed to the Trustee; NOW, THEREFORE, this ONE HUNDRED AND THIRTIETH SUPPLEMENTAL INDENTURE WITNESSETH that for and in consideration of the premises and in pursuance of the provisions of the Indenture, the Company has granted, bargained, sold, released, conveyed, assigned, transferred, mortgaged, pledged, set over and confirmed, and granted a security interest therein, and by these presents does grant, bargain, sell, release, convey, assign, transfer, mortgage, pledge, set over and confirm, and grant a security interest therein, subject to the provisions of the Indenture, unto the Trustee and to its successors in the trust in the Indenture created, to its and their assigns forever, all the following described properties of the Company, and does confirm that the Company will not cause or consent to a
3 partition, either voluntary or through legal proceedings, of property, whether herein described or heretofore or hereafter acquired, in which its ownership shall be as tenants in common, except as permitted by, and in conformity with, the provisions of the Indenture and particularly of Article IX thereof: MARYLAND Worcester County Property Name Instrument Date Deed Records Tax Map No. Liber Folio Purchased Wetland Mitigation Easement site to offset wetland disturbances resultant the Culver Substation rebuild – Lewis Road, W/S Berlin, MD 21811 12/28/2021 8309 304 Tax Map 22 Parcel 71 Together with all other property, real, personal and mixed, tangible and intangible (except such property as in said Indenture expressly excepted from the lien and operation thereof), acquired by the Company on or prior to December 31, 2021, and not heretofore specifically subjected to the lien of the Indenture. Also without limitation of the generality of the foregoing, the easements and rights-of-way and other rights in or relating to real estate or the occupancy of the same owned by the Company, and whether used or not used in connection with the Company’s operations, which are conveyed to the Company and recorded in the following Real Property Deed Records to which reference is made for a more particular description, to wit: DELAWARE New Castle County Instrument Date Deed Records Tax ID No. 08/31/20 20210430-0051705 11-054.00-026-083, 11-057.00-245- 290, 11-058.00-012 10/02/20 20210226-0023389 10-028.00-020 10/9/2020 20210415-0044698 15-010.00-160 11/5/2020 20210415-0044710 12-003.00-015 1/18/2021 20210415-0044697 10-050.00-006 1/21/2021 20210524-0061459 10-45.00-007 02/01/21 20210415-0044759 07-042.10-143 2/1/2021 20210315-0030723 11-041.00-085 2/3/2021 20210415-0044800 07-042.30-058 & 618 2/19/2021 20210524-0061443 07-042.30-617 2/23/2021 20210800-0090708 07-032.20-003, 061-069 3/2/2021 20210430-0051704 26-035.30-298, 328 & 329 3/3/2021 20210524-0061444 10-024.00-042 3/16/2021 20210524-0061446 12-026.00-001 & others 3/18/2021 20210524-0061445 12-019.00-320 3/22/2021 20210430-0051703 12-026.00-215 3/23/2021 20210430-0051705 08-040.00-021
4 Instrument Date Deed Records Tax ID No. 3/23/2021 20210524-0061458 12-013.00-093 3/31/2021 20210524-0061455 26-027.30-208 4/6/2021 20210524-0061457 10-048.00-043 4/7/2021 20210524-0061442 26-058.00-019 4/8/2021 20210524-0061441 18-033.00-005 4/14/2021 20210070-0116929 10-005.30-111 4/16/2021 20210524-0061456 08-023.00-001 4/22/2021 20210610-0068389 07-010.00-083 4/28/2021 20210610-0068381 11-033.00-282 4/30/2021 20210524-0061440 09-016.00-016 5/14/2021 20210070-0116928 09-015.00-011 5/19/2021 20210070-0116926 06-049.00-002 6/9/2021 20210804-0090709 13-003.00-001 7/16/2021 20210070-0116927 06-100.00-067 8/2/2021 20211116-0132621 11-023.00-121 8/5/2021 20211214-0143041 09-022.40-227 8/6/2021 20211116-0132616 14-019.00-232 8/6/2021 20211116-0132617 15-012.00-045 8/15/2021 20211116-0132620 08-039.10-160, 258-260 8/17/2021 20211214-0143040 12-026.00-055 8/19/2021 20211116-0132623 08-012.10-195 – 252 8/20/2021 20211116-0132618 11-036.10-151 8/24/2021 20211214-0143039 09-018.00-011 8/25/2021 20211214-0143038 06-136.00-028 9/15/2021 20211116-0132619 11-031.30-040 & 041 9/21/2021 20211116-0132622 11-025.20-233, 11-020.10-035 – 115, 11-025.00-006, 11-025.20-198-235 10/19/2021 20211214-0143051 09-024.00-032 11/1/2021 20211214-0143053 26-035.30-376 11/2/2021 20211214-0143052 08-054.30-102 12/14/2020 20210121-0008763 09-029.00-012 DELAWARE Sussex County Instrument Date Deed Records Tax ID No. Book Page 11/25/2020 5429 230 334-13.00-27.00 2/4/2021 5429 233 134-12.00-433.00 2/10/2021 5431 66 334-20.09-80.00 2/12/2021 5438 296 133-17.17-109 to 133-17.17-273 3/10/2021 5482 286 133-17.17-108.00 4/8/2021 5447 133 234-21.00-138.11 4/14/2021 5462 279 135-11.00-33.00 4/30/2021 5490 181 532-13.00-24.00
5 Instrument Date Deed Records Tax ID No. Book Page 5/27/2021 5490 178 134-5.00-185.00 6/7/2021 5508 274 334-19.00-170.02 6/10/2021 5597 301 234-32.00-117.00 6/11/2021 5489 155 233-5.00-105.00 9/29/2021 5611 208 334-12.00-127.06 9/30/2021 5562 146 334-12.00-127.01, 127.11 & 127.12 10/13/2021 5596 111 235-7.00-161.00 10/26/2020 5384 145 334-19.00-170.03 12/15/2020 5384 141 532-13.00-78.00 MARYLAND Caroline County Instrument Date Deed Records Tax Parcel Book Page 1/13/2021 1544 205 0005 4/8/2021 1500 170 0103 6/9/2021 1511 468 0103 7/13/2021 1526 394 0011 8/12/2021 1544 210 0028 MARYLAND Cecil County Instrument Date Deed Records Map Parcel Book Page 7/29/2020 4988 337 062C 0106 11/17/2020 4805 143 0049 '0002, 0023, 0033, 0034 12/14/2020 4805 135 034E 0559 1/5/2021 4805 139 034E 0834 2/19/2021 4844 377 0013 0736 3/2/2021 4840 10 0020 0049 3/5/2021 4840 6 031A 1284 3/9/2021 4840 3 0035 0598 3/16/2021 4840 13 0025 0729 3/23/2021 4839 92 0321 0106 3/30/2021 4878 39 0007 0244 4/1/2021 4878 33 0042 0350 4/8/2021 4878 36 0013 0241 4/14/2021 4879 180 0009 0725 5/12/2021 4896 238 0019 0376
6 Instrument Date Deed Records Map Parcel Book Page 5/13/2021 4896 241 035C 0617 5/20/2021 4918 459 0017 0611 5/28/2021 4918 455 0035 0276 6/7/2021 4918 462 031E 0618 6/28/2021 4968 106 0024 0241 6/28/2021 4968 103 0002 0045 6/29/2021 4968 99 0036 0591 7/19/2021 4968 68 0031 1224 7/20/2021 4968 71 0003 0004 7/28/2021 4968 74 0251 0128 8/6/2021 4994 246 0013 0161 8/13/2021 4994 262 0025 0031 8/16/2021 4994 242 0035 0577 8/16/2021 4994 253 0041 0392 8/23/2021 4994 257 034E 0857 8/31/2021 4994 249 034E 0548 9/10/2021 5006 314 0012 0411 9/21/2021 5006 306 0042 0429 9/23/2021 5006 303 0026 0630 9/24/2021 5006 300 0020 0131 9/24/2021 5006 296 0037 0567 9/30/2021 5006 310 0012 0313 10/5/2021 5045 98 0014 0623 10/18/2021 5041 336 0020 0667 10/26/2021 5058 210 0020 0076 10/30/2021 5058 206 029E 0070 11/2/2021 5041 339 0031 0564 11/18/2021 5058 218 0024 0064 11/23/2021 5058 214 031D 0183 11/23/2021 5058 223 031D 0184 11/27/2021 5058 226 0019 0203
7 MARYLAND Dorchester County Instrument Date Deed Records Map Parcel Liber Folio 11/2/2020 1699 274 0030 0250 2/24/2021 1659 419 0303 5413 2/25/2021 1635 215 0035 0147 2/25/2021 1659 49 0303 8004 2/26/2021 1659 59 0303 8009 3/1/2021 1659 35 0303 4981 4/7/2021 1659 54 0030 0159 4/7/2021 1659 44 030C 0436 4/7/2021 1659 39 030C 0436 6/16/2021 1659 82 0301 4487 6/18/2021 1675 297 0021 0333 8/10/2021 1675 300 0051 0272 9/1/2021 1700 160 0017 0010 9/17/2021 1684 312 0035 0146 10/20/2021 1700 156 0400 0354 MARYLAND Harford County Instrument Date Deed Records Map Parcel Liber Folio 8/11/2021 15111 438 0027 0074 8/16/2021 15199 17 0026 0057 8/23/2021 15199 14 0011 0357 10/6/2021 15111 443 0020 0236 11/10/2021 15247 259 0020 0236 11/10/2021 15247 252 0027 0074 MARYLAND Kent County Instrument Date Deed Records Map Parcel Liber Folio 12/8/2020 1192 129 0056 0031 10/18/2021 1210 1 0048 0007 10/21/20 1117 1 0300 1728
8 MARYLAND Queen Anne’s County Instrument Date Deed Records Map Parcel Lot Liber Folio 1/14/2021 3615 264 0005 0015 1/26/2021 3924 108 0037 0007 2,3,4 4/6/2021 3705 181 0064 0002 6/3/2021 3850 3 0046 0032 28 6/22/2021 3904 73 058H 0201 8/2/2021 3865 91 0046 0030 8/10/2021 3813 59 044F 0060 8/10/2021 3813 55 0056 0321 8/10/2021 3813 86 044C 0775 8/19/2021 3865 95 0028 0012 8/24/2021 3850 7 0029 0053 3 8/30/2021 3903 195 0023 0196 MARYLAND Somerset County Instrument Date Deed Records Map Parcel Liber Folio 8/18/2020 1134 156 0040 0036 1/19/2021 1139 70 015F 0110 1/19/2021 1139 70 015F 0110 5/17/2021 1163 130 0032 0236 10/15/2021 1198 111 064H 0222, 0223, 0840, 0841 10/26/2021 1109 107 023C 0172 1/13/2021 1127 105 0040 0174 1/13/2021 1127 102 0040 0167 1/13/2021 1127 99 0040 0157&0158 3/30/2021 1142 24 0040 0147 3/30/2021 1142 18 0049 0131 3/30/2021 1142 35 0040 0142 3/30/2021 1142 29 0049 0138 3/30/2021 1142 32 0040 0129 3/30/2021 1142 38 0049 0118 3/30/2021 1142 21 0058 0267 4/6/2021 1144 56 0040 0171 7/27/2021 1167 267 0040 0177 7/27/2021 1167 276 0049 0011 7/27/2021 1167 292 0040 0012 7/27/2021 1167 284 0040 0156 7/27/2021 1167 280 0040 0280
9 Instrument Date Deed Records Map Parcel Liber Folio 7/27/2021 1167 306 0040 0062 7/27/2021 1167 271 0049 0023, lot 2 7/27/2021 1167 301 0049 0144 7/27/2021 1167 296 0040 0048 8/9/2021 1171 193 0040 0061 12/10/2021 1198 53 0058 0050 12/10/2021 1198 58 0058 0023, Lots 2&3 12/10/2021 1198 64 0058 0021 12/10/2021 1198 68 0058 0039 12/10/2021 1198 72 0058 0042 12/10/2021 1198 76 0058 0045 12/10/2021 1198 80 0058 0234 12/10/2021 1198 98 0040 0063 12/10/2021 1198 103 0058 0025 MARYLAND Talbot County Instrument Date Deed Records Map Parcel Liber Folio 1/19/2021 2930 263 0300 1664 2/1/2021 2834 499 0055, 0054, 0059 0085 & others 2/4/2021 5429 223 0030 0130 2/22/21 2827 430 0030 0106 MARYLAND Wicomico County Instrument Date Deed Records Map Parcel Lot Liber Folio 1/7/2021 4771 442 0111 1443 1/7/2021 4771 445 0111 1444 1/7/2021 4771 448 0111 1445 1/7/2021 4771 451 0111 1446 1/12/2021 4796 396 0041 0122 1/28/2021 4813 335 0117 3117 1/28/2021 4813 344 0048 0358 1/28/2021 4813 379 0048 0358 4/13/2021 4851 131 0301 0509 4/26/2021 4865 153 0037 0212 4/26/2021 4866 81 0115 3267 5/17/2021 4888 173 0037 0163
10 Instrument Date Deed Records Map Parcel Lot Liber Folio 9/13/2021 4963 352 0048 0358 9/20/2021 4963 371 0049 0065 5A & 6A 9/28/2021 4963 366 0030 0223 1, 2, 3, 4 11/4/2021 4990 372 0109 2585 PAR 1 MARYLAND Worcester County Instrument Date Deed Records Map Parcel Lot Liber Folio 10/23/2020 7940 198 0063 0182 3/24/2021 8102 476 0055 37 4/14/2021 8103 436 0401 0577 & 0566 6/13/2021 8267 440 0115 0116A 2 6/23/2021 8102 484 0026 0473 A 6/23/2021 8102 480 0026 0473 B 6/23/2021 8102 488 0026 0274 & 0473 multi 6/23/2021 8102 493 0026 0248, 0274 & 0473 multi 6/28/2021 8114 494 0100 0116 6/28/2021 8114 498 0049 0114 8/9/2021 8187 122 0073 0123 8/10/2021 8187 119 0019 0129 10/15/2021 8256 41 0009 0346 10/29/20 7892 81 0010 0153 9/29/20 7892 85 0026 0258 10/09/20 7892 93 0049 0114 10/09/20 7897 294 0063 0140 10/09/20 7897 303 0063 0140 10/31/20 7892 89 0079 0215 11/12/20 7897 299 0113 7975 11/12/20 7909 455 0401 0717
11 The following is a schedule of bonds issued under the Eighty-Eighth Supplemental Indenture and Credit Line Deed of Trust, effective as of October 1, 1994, that can be designated as First Mortgage Bonds, Series I, which may also be designated as Secured Medium Term Notes, Series I; and First Mortgage Bonds, Pledged Series I. First Mortgage Bonds, Series I/Secured Medium Term Notes, Series I Issuance Date Tranche Maturity Principal 06/19/95 7.71% Bonds 06/01/25 $100,000,000 06/19/95 6.95% Amortizing Bonds 06/01/08 $ 25,800,000 11/25/08 6.40% Bonds 12/01/13 $250,000,000 First Mortgage Bonds, Pledged Series I Issuance Date Tranche Maturity Principal 10/12/94 1994 10/01/29 $ 33,750,000 Total Bonds Issued: $409,550,000 As supplemented and amended by this One Hundred and Thirtieth Supplemental Indenture, the Original Indenture and all indentures supplemental thereto are in all respects ratified and confirmed and the Original Indenture and the aforesaid supplemental indentures and this One Hundred and Thirtieth Supplemental Indenture shall be read, taken and construed as one and the same instrument. This One Hundred and Thirtieth Supplemental Indenture shall be simultaneously executed in several counterparts, and all such counterparts executed and delivered, each as an original, shall constitute but one and the same instrument. The recitals of fact contained herein shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. The debtor and its mailing address are Delmarva Power & Light Company, Mailstop 92DC42, 500 N. Wakefield Drive, Newark, Delaware 19702-5440. The secured party and its address, from which information concerning the security interest hereunder may be obtained, is The Bank of New York Mellon, 500 Ross Street, 12th Floor, Pittsburgh, Pennsylvania 15262, Attn: Corporate Trust Administration. The Company acknowledges that it received a true and correct copy of this One Hundred and Thirtieth Supplemental Indenture. This One Hundred and Thirtieth Supplemental Indenture is executed and delivered pursuant to the provisions of Section 5.11 and paragraph (a) of Section 17.01 of the Indenture for the purpose of conveying, transferring and assigning to the Trustee and of subjecting to the lien of the Indenture with the same force and effect as though included in the granting clause thereof the above described property so acquired by the Company on or prior to the date of execution, and not heretofore specifically subject to the lien of the Indenture; but nothing contained in this One Hundred and Thirtieth Supplemental Indenture shall be deemed in any manner to affect (except for such purposes) or to impair the provisions, terms and conditions of the Original Indenture, or of any indenture supplemental thereto and the provisions, terms and conditions thereof are hereby expressly confirmed.
12 IN WITNESS WHEREOF, each of the Company and the Trustee has caused this instrument to be signed in its name and behalf by an Authorized Officer, effective as of the 1st day of January, 2022. DELMARVA POWER & LIGHT COMPANY Date of Execution By /s/Elizabeth Hensen March 22, 2022 Elizabeth Hensen Authorized Officer STATE OF ILLINOIS ) ) SS. COUNTY OF COOK ) BE IT REMEMBERED that as of the 22nd day of March, 2022, personally came before me, a notary public for the State of Illinois, Elizabeth Hensen, Authorized Officer of DELMARVA POWER & LIGHT COMPANY, a corporation of the State of Delaware and the Commonwealth of Virginia (the “Company”), party to the foregoing instrument, known to me personally to be such, and acknowledged the instrument to be her own act and deed and the act and deed of the Company; that her signature is in her own proper handwriting; and that her act of signing, executing and delivering such instrument was duly authorized by resolution of the Board of Directors of the Company. GIVEN under my hand and official seal the day and year aforesaid. /s/Helene A. Menaglia Notary Public, State of Illinois My commission expires 4/14/2023 . [OFFICIAL NOTARIAL SEAL]
13 THE BANK OF NEW YORK MELLON, as Trustee Date of Execution By /s/Francine Kincaid March 29, 2022 Francine Kincaid______________ Vice President STATE OF NEW YORK ) ) SS. COUNTY OF NEW YORK ) BE IT REMEMBERED that as of the 29th day of March, 2022, personally came before me, a Notary Public for the State of New York, Francine Kincaid, Vice President of THE BANK OF NEW YORK MELLON, a New York banking corporation (the “Trustee”), party to the foregoing instrument, known to me personally to be such, and acknowledged the instrument to be her own act and deed and the act and deed of the Trustee; that her signature is her own proper handwriting; and that her act of signing, executing and delivering said instrument was duly authorized by resolution of the Board of Directors of the Trustee. GIVEN under my hand and official seal the day and year aforesaid. /s/Helen Choi Helen Choi Notary Public, State of New York No. 01CH6291290 Qualified in New York County Commission Expires October 15, 2025 [OFFICIAL NOTARIAL SEAL]
14 CERTIFICATE OF RESIDENCE THE BANK OF NEW YORK MELLON, successor Trustee to the Trustee within named, hereby certifies that it has a residence at 240 Greenwich Street, in the Borough of Manhattan, in The City of New York, in the State of New York. THE BANK OF NEW YORK MELLON By/s/Francine Kincaid Francine Kincaid Vice President
15 Certification This document was prepared under the supervision of an attorney admitted to practice before the Court of Appeals of Maryland, or by or on behalf of one of the parties named in the within instrument. /s/Christie D. Cannon Christie D. Cannon
