John A. Canning Jr. Independent Director

Profile

Mr. John A. Canning, Jr., has been a director of Exelon since August 1, 2008.

Mr. Canning is the Chairman and co-founder of Madison Dearborn Partners, LLC (“MDP”), which
specializes in management buyout and special equity investing. MDP has raised investment
funds with more than $18 billion in limited partner commitments from over 350 endowments,
pension funds and other sophisticated investors. MDP has made significant investments in the
energy and power industry.

Prior to co-founding Madison Dearborn Partners, Mr. Canning spent 24 years with First Chicago Corporation, where he managed the bank’s venture investments.  Altogether he has 29 years of experience in private equity investing, including reviewing financial statements and audit results and making investment and acquisition decisions.  Mr. Canning is a former director and Chairman of the Federal Reserve Bank of Chicago, giving him insight into economic trends important to the business of Exelon.  Mr. Canning also serves on the boards of Corning, Inc., a specialty glass and ceramics producer, and Rasmussen, Inc., a for-profit education company.  He is also a Commissioner of the Irish Pension Reserve Fund. Mr. Canning has also served on the board of directors of Jefferson Smurfit Group plc and TransUnion Corp. He served on the audit committee at TransUnion as well as the audit committees of several charitable organizations, including the Irish Reserve Pension Fund.

In addition to his business experience, he also has a law degree. Mr. Canning is a recognized leader in the Chicago business community with knowledge of the economy of the Midwestern United States and the northern Illinois communities that Exelon serves.  Mr. Canning’s business experience and service on the boards of other companies and
organizations enable him to contribute to the work of the Exelon board. Mr. Canning’s experience
in banking and in managing investments, and his experience on the audit committees of other
organizations, make him a valued member of the audit and compensation committees.