On January 17, 2017, Elliott Asset Management, LLC announced that securities of the NRG Energy, Inc. are deeply undervalued and that there exist numerous opportunities to significantly increase shareholder value, including operational and financial improvements as well as strategic initiatives. Elliott Asset Management views that Charles John Wilder and his team have direct relevant experience in effectuating such improvements and are initiating a dialogue with management and the Board of Directors to address these opportunities as well as implement appropriate Board-level oversight. Elliott Asset Management added that it is also evaluating the nomination of one or more individuals for election as directors of the Company at the 2017 annual meeting of stockholders and have requested from the Company a copy of the director nominee questionnaire that has to be delivered pursuant to Section 11(A)(2)(b)(iii) of Article II of the Company's Third Amended and Restated By-Laws.