0001193125-18-161073 Sample Contracts

TO: PPL Corporation Two North Ninth Street Allentown, Pennsylvania 18101 FROM: Barclays Bank PLC c/o Barclays Capital Inc. 745 Seventh Avenue New York, New York 10019 RE: Registered Forward Transaction
Confirmation • May 11th, 2018 • PPL Corp • Electric services • New York

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Barclays Bank PLC (“Dealer”) and PPL Corporation (“Counterparty”) on the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below. Dealer is not a member of the Securities Investor Protection Corporation. Dealer is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

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PPL CORPORATION 55,000,000 Shares of Common Stock UNDERWRITING AGREEMENT
Underwriting Agreement • May 11th, 2018 • PPL Corp • Electric services • New York
TO: PPL Corporation Two North Ninth Street Allentown, Pennsylvania 18101 FROM: JPMorgan Chase Bank, National Association, London Branch 25 Bank Street, Canary Wharf London E14 5JP, England RE: Registered Forward Transaction
Confirmation • May 11th, 2018 • PPL Corp • Electric services • New York

The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between JPMorgan Chase Bank, National Association, London Branch (“Dealer”) and PPL Corporation (“Counterparty”) on the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

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