1. February 26, 2015

2. 201420152013 2016 August 27, 2013 Entergy announces it will cease operations December 29, 2014 Permanent Shutdown April 2016 Implement Permanently Defueled Emergency Plan September 23, 2013 Entergy submits notification of intent to cease operations to the NRC January 12, 2015 Fuel permanently removed from reactor vessel Commercial Operations began in 1972 20202018 February 5, 2015 Implement Post-Shutdown Emergency Plan 2017 2019 SAFSTOR I SAFSTOR II ISFSI 2020 Implement ISFSI Emergency Plan

3.  Vermont includes: ◦ Brattleboro ◦ Dummerston ◦ Halifax ◦ Vernon ◦ Guilford ◦ Marlboro  New Hampshire includes: ◦ Chesterfield ◦ Hinsdale ◦ Richmond ◦ Swanzey ◦ Winchester  Massachusetts includes: ◦ Bernardston ◦ Colrain ◦ Gill ◦ Greenfield ◦ Leyden ◦ Northfield ◦ Warwick

4.  EPlan Submittals made to date: ◦ Post-Shutdown EPlan License Amendment Request (LAR) – implemented 2/5/15. Covers SAFSTOR Period 1 - Plant Shutdown to April 2016 ◦ EP exemption requests – NRC Commissioners expected to vote to grant exemptions, March 2015 (supports Permanently Defueled EPlan and EALs) ◦ Permanently Defueled EPlan and Emergency Action Levels (EALs) LAR – Approval expected in Late 2015. Covers SAFSTOR Period 2 - April 2016 to All Fuel in Dry Storage  Submittals posted at www.vydecommissioning.com

5.  NRC approval received 2/4/15  Implemented 2/5/15  Fully compliant with existing regulation and guidance ◦ No exemptions from regulation ◦ Onsite and offsite programs are maintained and all EP requirements met, including exercises  Changes to on-shift and ERO staffing appropriate with lower risk of non-operating plant ◦ Maintain the capability to assess and monitor actual or potential offsite consequences of a radiological emergency and mitigate accidents associated with the Spent Fuel Pool (SFP)

6.  Robust Emergency Plan remains in place  States continue to be fully funded at same level as operation* ◦ RERP funding Over $4.5 Million – Vermont – Over $2.1 Million – New Hampshire – Over $ 1.4 Million – Massachusetts – Over $ 1.05 Million  Minor changes as a result of plant shut down  Significant reduction in potential events as a result of defueling  Much slower event progression warrants future changes. * Fiscal Year (FY) 2015 6

7.  W e expect the NRC to take action on the filing in March 2015 ◦ NRC regulations do not distinguish between an operating power reactor and one that is permanently shutdown/defueled ◦ Expected exemptions are similar to those granted to Kewaunee and Crystal River Unit 3 and those requested by SONGS currently awaiting a vote by Commissioners ◦ Exemptions form the foundation for the Permanently Defueled EPlan (PDEP) and EALs ◦ Exemptions are a normal part of regulatory process

8.  W e expect the NRC to take action on the filing in the 4 th quarter of 2015  Implementation expected in April 2016  Robust emergency plan commensurate with the reduced risk of an offsite release and types of possible accidents  Offsite emergency measures are consistent with all hazards planning approach  Emergency Planning Zones (EPZ) ◦ Within Plant Site Boundary commensurate with reduced risk ◦ Environmental Protection Agency (EPA) Protective Action Guidelines (PAGs) Manual, “EPZs are not necessary at those facilities where it is not possible for PAGs to be exceeded off- site.”

9.  Emergency Action Levels ◦ Address Spent Fuel Pool (SFP) and Independent Spent Fuel Storage Installation (ISFSI) –Radiological Conditions –Hazards –System Malfunctions ◦ Unusual Event and Alert Classifications

10.  Declaration Time ◦ VY maintains the capability to assess, classify and declare an emergency condition as soon as possible and within 30 minutes after the availability of indications to plant operators that an emergency action level threshold has been reached  Notification Time ◦ Notification to VT, NH, MA as soon as possible and within 60 minutes of emergency declaration or change in classification  ERO Augmentation Time ◦ Goal of the ERO is to augment the on-shift staff as soon as possible and within 2 hours of an Alert classification  The State of Vermont opposes the issuance of the PDEP LAR, and on February 9, 2015, the State filed a petition to intervene and request for a hearing on the LAR with the NRC.

11.  LAR will be submitted in the future  Implement after all fuel is transferred to the ISFSI, currently planned for 2020  Robust Emergency Plan commensurate with the reduced risk and types of possible accidents related to storage of spent fuel on ISFSI  Fully compliant with regulation