MARKET WIRE NEWS

PPL's employee giving campaign raises $10 million to improve lives and strengthen communities

MWN-AI** Summary

PPL Corporation's annual employee giving campaign has achieved a remarkable milestone by raising $10 million to enhance community services and support local nonprofit organizations. This initiative involved contributions from PPL employees and retirees, supplemented by matching gifts from the company’s affiliated foundations. With support directed primarily through local United Way agencies, the funds are set to benefit more than 500 organizations, addressing urgent needs in the communities served by PPL’s utilities across Pennsylvania, Kentucky, Rhode Island, and Virginia.

Vince Sorgi, PPL’s CEO, expressed pride in the collective effort, remarking that this achievement underscores the company's shared values of generosity and community commitment. He emphasized that every act of kindness contributes to strengthening the neighborhoods where PPL operates. The funds raised will sustain vital programs that support countless individuals relying on nonprofit services daily.

The successful campaign, titled the "Power of One," showcases the collective spirit of PPL’s workforce, which includes employees from subsidiaries like PPL Electric Utilities and Rhode Island Energy. Beyond financial contributions, more than 1,000 employees dedicated time to volunteer during PPL’s company-wide Day of Caring events in September 2025.

Marci Lesko, CEO of United Way of the Greater Lehigh Valley, celebrated the campaign's impact, noting it significantly improves the lives of over 100,000 people locally. Highlighting PPL’s long-standing partnership with United Way, she noted the transformative effects of their collaborative efforts in enhancing community well-being.

PPL Corporation, headquartered in Allentown, is dedicated to providing safe and reliable energy solutions and continues to emphasize corporate social responsibility through its giving initiatives.

MWN-AI** Analysis

PPL Corporation’s recent achievement in raising $10 million through its employee giving campaign is noteworthy, not only for the immediate impact it has on local communities but also for the long-term implications for the company and its investors. The initiative showcases PPL's commitment to corporate social responsibility, which can enhance brand loyalty and community relations in regions where it operates.

With this funding directed towards over 500 nonprofit organizations supported by local United Ways, PPL stands to strengthen its operational foothold in Pennsylvania, Kentucky, Rhode Island, and Virginia. Such community engagement often translates to a favorable public perception, potentially leading to increased customer retention and market share. Businesses that actively invest in their communities are likely to experience fewer regulatory hurdles, as well-governed companies usually encounter less public resistance.

Furthermore, Vin Sorgi, CEO of PPL, emphasized that these contributions reflect a collective corporate ethos of kindness and engagement. This cultural aspect can reduce employee turnover and attract talent, given that modern employees often seek workplaces that share their values. The active participation of over 1,000 employees in volunteer activities during the companywide Day of Caring also illustrates a robust corporate culture that transcends traditional employment relationships.

Investors should closely monitor how this philanthropic commitment might reflect positively on PPL's corporate resilience, particularly in challenging economic climates. Philanthropy can act as a stabilizing factor, fostering community goodwill that can be invaluable during times of adversity. Overall, PPL’s charitable initiatives could be viewed as an integrated strategy to bolster its operational viability, making it an attractive option for socially responsible investors and those seeking long-term value in their portfolios.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

ALLENTOWN, Pa., Feb. 25, 2026 /PRNewswire/ -- PPL Corporation employees and retirees, together with matching contributions from PPL's affiliated foundations, pledged $10 million during PPL's annual employee-led charitable giving campaign. These contributions will support more than 500 local nonprofit organizations in communities served by PPL's utilities, with local United Ways helping to ensure funds are directed to areas of greatest need.

"I am incredibly proud of what we have accomplished together," said Vince Sorgi, president and chief executive officer of PPL Corporation, which serves more than 3.6 million customers in Pennsylvania, Kentucky, Rhode Island and Virginia. "Reaching $10 million is more than a milestone, it is a powerful reflection of the kindness, generosity and shared purpose that define this company. Every donation, every hour of service, every act of compassion has helped strengthen the communities we call home." 

The record-setting total was raised through the company's annual Power of One employee giving campaign and matching contributions by PPL's affiliated foundations. The funds will help sustain critical programs that meet the rising needs of thousands of people who depend on United Way agencies and other nonprofit organizations for essential services every day.

Employees and retirees from PPL Corporation and its subsidiaries – PPL Electric Utilities, Rhode Island Energy, Louisville Gas and Electric Company and Kentucky Utilities Company – contributed to the campaign. In addition, more than 1,000 employees volunteered their time in September 2025 during PPL's companywide Day of Caring events, directly supporting organizations within their local communities.

"Today, we have 10,000,000 reasons to say thank you for PPL's unparalleled leadership and support," said Marci Lesko, president and chief executive officer of United Way of the Greater Lehigh Valley, which is where PPL's headquarters is located. "This extraordinary act of generosity directly improves the lives of well over 100,000 people in the Greater Lehigh Valley, and I know I speak for just one region that PPL supports. Through employee and retiree giving and support from PPL's foundations, PPL's decades-long partnership with United Way powers deep and transformative impact in every community that we serve together." 

About PPL
PPL Corporation, headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com.

About the PPL Foundation
Through strategic partnerships, the PPL Foundation supports nonprofit organizations throughout Pennsylvania and Rhode Island that are engaged in innovative and groundbreaking work to create vibrant, sustainable communities; expand opportunities for underserved communities; and support children's success from cradle to career. The PPL Foundation operates as the Rhode Island Energy Foundation in Rhode Island. To learn more, visit www.pplcares.com.

About the LG&E and KU Foundation
Since its inception in 1994, the LG&E and KU Foundation has represented LG&E and KU Energy LLC and its utility operations – Louisville Gas and Electric (LG&E), Kentucky Utilities (KU) and Old Dominion Power (ODP), the name under which KU operates in Virginia, as the philanthropic arm for charitable giving. Committed to social responsibility, the foundation proactively supports many philanthropic initiatives to improve the quality of life in communities where the company provides service. Through charitable giving, the LG&E and KU Foundation is able to play a definitive role in strengthening the communities where it has a presence. More information is available at www.lge-ku.com.

Contact: Gretchen Toner, 484-954-5766

SOURCE PPL Services Corporation

FAQ**

How does PPL Corporation PPL plan to use the $million raised in its employee giving campaign to address the specific needs of the communities it serves?

PPL Corporation plans to allocate the $10 million raised from its employee giving campaign to support local initiatives focused on education, economic development, environmental sustainability, and community resilience in the areas it serves.

Can PPL Corporation PPL provide information on how the matching contributions from its affiliated foundations were allocated among the more than 500 local nonprofit organizations supported?

PPL Corporation typically provides detailed reports or information on its website regarding the allocation of matching contributions to the supported nonprofit organizations, but for specific details, it's best to directly contact their corporate responsibility or philanthropy department.

What metrics will PPL Corporation PPL use to measure the impact of the funds raised on the communities and individuals benefiting from the program over time?

PPL Corporation will likely use metrics such as community investment scores, job creation rates, energy savings, customer satisfaction surveys, and improvements in local economic indicators to measure the impact of the funds raised on communities and individuals over time.

Could PPL Corporation PPL share examples of specific projects or initiatives funded by this year's employee-led charitable giving campaign that demonstrate its commitment to community support?

Yes, PPL Corporation can highlight initiatives like funding for local educational programs, environmental conservation projects, and support for health services that exemplify its commitment to community support through this year's employee-led charitable giving campaign.

**MWN-AI FAQ is based on asking OpenAI questions about PPL Corporation (NYSE: PPL).

PPL Corporation

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