February 26, 2015

Joseph Lynch Government Affairs Manager, Entergy Vermont Yankee, LLC (ENVY)

3  The focus of Entergy Vermont Yankee (VY) and its Employees continues to be our ongoing commitment to Safety. ◦ Nuclear, Radiological, Personal, Environmental, Public  VY exited the NRC Reactor Oversight Process (ROP) and commenced the NRC decommissioning inspection program on January 20,  Participated in the NRC Public Meeting on the Vermont Yankee Post-Shutdown Decommissioning Activities Report (PSDAR) on February 19, ◦ Public Comment Period ends March 23, 2015  NRC Staff Site Visit the Week of February 16 th including planned Inspection Activities.  Removal of select support buildings underway.

 VY has contracted the services of over 40 companies/contractors in support of pre-decommissioning work.  Majority of the companies are local and Vermont-based including; ◦ LaRock & Son Escavating/Construction ◦ GPI Construction ◦ Renaud Brothers Construction ◦ Southern Vermont Engineering ◦ Bill Gilbert Plumbing ◦ A. L Tyler HVAC/Ventilation ◦ Gouger's Market & Deli  Entergy has long standing relationships with local suppliers and services that will continue as project needs are identified. 4

5  Continued Compliance with the Settlement Agreement/MOU  Decommissioning Preparation Activities ◦ System Draining/Lay-Up ◦ Building Power Removal to “Cold and Dark” ◦ Security Modifications  Select Structure/Building Removal  Ongoing Environmental Monitoring  Establishment of Site Restoration Standards with the State of Vermont  Construction of 2 nd ISFSI Pad  Transferring Spent Fuel from Pool to Pad

 Nuclear Decommissioning Citizens Advisory Panel (NDCAP)  Stakeholder Outreach ◦ Speaking Engagements ◦ Community Involvement  Tours for key stakeholders  The Vermont Yankee Decommissioning website: ◦ 6