Kenneth Joseph Zagzebski — President of U.S. Strategic Business Unit (SBU) at AES Corporation

Mr. Kenneth Joseph Zagzebski, also known as Ken, has been a Director of IPALCO Enterprises, Inc. ('IPALCO') and Indianapolis Power & Light Company ('IPL') since March 2009. Since April 2011, Mr. Zagzebski has served as President and Chief Executive Officer of IPALCO. Mr. Zagzebski served as Interim President and Chief Executive Officer of IPL from July 2015 to June 2016, and as President and Chief Executive Officer of IPL from April 2011 until June 2013 and March 2014, respectively. Mr. Zagzebski is President of the United States Strategic Business Unit and a Vice President of AES Corporation. He is also President, Chief Executive Officer and a Director of DPL Inc., a Director of The Dayton Power and Light Company, and an officer or Director of other AES affiliates, including a Director and the President of AES U.S. Investments, Inc. Mr. Zagzebski joined IPL as Senior Vice President of Customer Operations in September 2007. Mr. Zagzebski also served as a Member of the Board of AES SUL, LLC from April 2012 through January 2013 and AES Electropaulo S.A. from December 2011 through February 2013. Mr. Zagzebski has more than 25 years of industry experience in diverse executive management, business development and financial roles, including Vice President and Chief Operating Officer for Field Operations at Xcel Energy. His background also includes experience in international energy as Executive Director of NRG Energy Asia-Pacific region, from 1997 to September 1999. Mr. Zagzebski has a Bachelor's degree from the University of Wisconsin, Eau Claire, and an M.B.A. from the Carlson School of Management at the University of Minnesota. Mr. Zagzebski currently Chairs the Marian University Academy For Teaching and Learning Leadership Board of Visitors and serves on the Board of Directors of the YMCA of Greater Indianapolis and the Board of Directors of the Central Indiana Corporate Partnership.