MORRISTOWN, N.J., April 16, 2025 ~ Jersey Central Power & Light Company (JCP&L), a subsidiary of FirstEnergy Corp., has announced an exchange offer for up to $700 million in aggregate principal amount of its outstanding 5.100% Senior Notes due 2035. The company is offering an equal amount of 5.100% Senior Notes due 2035 registered under the Securities Act in exchange for the Outstanding Notes.

The exchange offer, which will expire at 5:00 p.m., New York City time, on May 15, 2025, unless extended, is being made to fulfill the Company's obligations under a registration rights agreement entered into in connection with the issuance of the Outstanding Notes. This does not represent a new financing transaction.

According to the terms of the exchange offer outlined in a prospectus dated April 16, 2025, copies of which can be obtained from the exchange agent, The Bank of New York Mellon Trust Company, N.A., eligible institutions can email for more information or confirm by telephone at 615-381-1655. The physical address for mail or in-person inquiries is The Bank of New York Mellon Trust Company, N.A., c/o The Bank of New York Mellon Corporate Trust Reorg Unit, 500 Ross Street Suite 625 Pittsburgh, PA, 15262 Attn: Meera Thillai.

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It should be noted that this press release is solely for informational purposes and does not constitute an offer to buy or sell any Outstanding Notes or New Notes. The exchange offer is being made only through the distribution of an exchange offer prospectus to holders of the Outstanding Notes and has been filed with the Securities and Exchange Commission as part of JCP&L's Registration Statement on Form S-4 (File No.333-286328), which was declared effective on April 11, 2025.

JCP&L serves approximately 1.1 million customers in 13 counties in New Jersey, including Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Customers can follow JCP&L on Twitter @JCP_L or on Facebook at facebook.com/JCPandL. More information can also be found online at jcp-l.com.

FirstEnergy Corp., the parent company of JCP&L, is committed to integrity, safety, reliability and operational excellence. Its electric distribution companies make up one of the largest investor-owned electric systems in the nation and serve customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions. For updates and news from FirstEnergy Corp., follow them on Twitter @FirstEnergyCorp or visit their website at firstenergycorp.com.

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