Corporate Governance

Talen is overseen by an independent board of directors with deep power industry experience across all relevant disciplines, markets and asset types. The board is responsible for directing and providing management oversight in the best interests of the shareholders and consistent with good corporate citizenship practices. Among other things, the board selects and monitors top management, provides oversight for financial reporting, compensation and risk management, determines the Company’s governance principles, and implements its governance policies. The board has several standing committees, each of which has responsibilities that are set forth in its committee charter. Talen is committed to the highest level of ethical standards at all levels across the organization and has adopted a code of business conduct and ethics that applies to all directors, officers and employees.