AVANGRID Announces Change to 2020 Annual Meeting of Shareholders

Today AVANGRID, Inc. (NYSE: AGR) announced that, in light of the ongoing public-health crisis caused by the coronavirus (COVID-19) pandemic, related governmental actions, and the importance of safeguarding the health of all AVANGRID stakeholders, the format of the Annual Meeting of Shareholders of AVANGRID, Inc. (the “Annual Meeting”) has been changed. As previously announced, the Annual Meeting will be held on Monday, June 22, 2020, at 8:30 a.m. Eastern Time at AVANGRID’s Headquarters at 180 Marsh Hill Road, Orange, Connecticut, but a remote/virtual option also will be provided.

To minimize the risks to shareholders and employees, AVANGRID encourages all shareholders to access the Annual Meeting via the webcast, rather than attend the meeting in person, and to vote and submit proxies in advance of the meeting by one of the methods described in the proxy materials. Shareholders may access the meeting electronically at www.virtualshareholdermeeting.com/AGR2020 by entering the control number found on their proxy cards, voting instruction forms, or notices previously received. The proxy cards included with the proxy materials previously distributed will not be updated to reflect the change in location and may continue to be used to vote in connection with the Annual Meeting. Shareholders who choose to access the Annual Meeting electronically may vote by following the instructions available on the meeting website during the meeting.

As circumstances relating to the COVID-19 pandemic develop, AVANGRID may impose additional procedures or limitations on Annual Meeting attendees (beyond those described in the proxy statement and any supplemental filings with the U.S. Securities and Exchange Commission). AVANGRID is incorporated in the State of New York and is subject to New York law governing the conduct of shareholders' meetings. If the state of emergency in New York continues through June 22, 2020, AVANGRID will likely hold the Annual Meeting solely by means of remote/virtual communication (i.e., a virtual-only meeting) and eliminate the option to attend in person, as permitted by any then-current New York State Executive Order. AVANGRID will announce any such changes by press release and by posting on its website at www.avangrid.com, as well as through an SEC filing.

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $35 billion in assets and operations in 24 U.S. states. With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 6,600 people. AVANGRID supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2019 and 2020 by the Ethisphere Institute. For more information, visit www.avangrid.com.

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