Talen Energy Announces All Shares of Common Stock Now Trade on OTCQX

HOUSTON, May 20, 2024 /PRNewswire/ -- Talen Energy Corporation (the "Company") (OTCQX: TLNE) announced today that the Company's outstanding restricted shares of common stock issued with or under CUSIP No. 87422Q208 (the "Shares") were exchanged for unrestricted shares issued with or under CUSIP No. 87422Q109 on May 17, 2024. The completion of this exchange resulted in the Shares becoming eligible to be traded on the OTCQX® Best Market ("OTCQX").

The exchange is intended to provide all shareholders with increased liquidity, permitting the Shares to trade without restriction, subject to each holder's compliance with (i) securities laws and (ii) rules promulgated by OTCQX.

About Talen

The Company owns and operates approximately 10.7 gigawatts of power infrastructure in the United States. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, including PJM and WECC, with our generation fleet principally located in the Mid-Atlantic and Montana. Talen is headquartered in Houston, Texas. For more information visit https://www.talenenergy.com/.

Talen trades on the OTCQX under the ticker "TLNE." OTCQX companies meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on https://www.otcmarkets.com/stock/TLNE/overview.

Additional Information
For additional information and updates about Talen, please visit our Investor Relations webpage at https://talenenergy.investorroom.com, or contact:

Investor Relations:
Ellen Liu
Senior Director, Investor Relations
[email protected]
281-203-5435

Media:
Taryne Williams
Director, Corporate Communications
[email protected]
610-601-0327

Forward Looking Statements
This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecasts," "goal," "intend," "may," "plan," "potential," "predict," "project," "seek," "should," "will," or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources and accounting matters. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations and are subject to numerous factors that present considerable risks and uncertainties.

SOURCE Talen Energy Corporation