“I think you can expect that, if not slightly better, but it is going to take some time for some of these, you know, transmission projects to close.”

In context

“ing to stick with that 40%. Calvin G. Butler: Okay. Thank you very much, team. Mhmm. You, Paul. Operator: Thank you. One moment for our next question. Our next question will be from the line of Steve Fleishman from Wolfe. Good morning, Steve. Ryan Brown: Hey. Good morning. So just maybe on the, with the move to more transmission continuing, that 9% to 10% earned ROE range Steve Fleishman: are we seeing some kind of Calvin G. Butler: movement up within that range? Helps kind of put all these pieces together? On the growth rate. Jeanne M. Jones: Yeah. I think, you know, it is a guess. Jeanne M. Jones: Yeah. Yeah. If we go back to, I think, since separation, 2022 to 2025, our average earned has been somewhere around 9.4%. To your point, as we have been turning the shift towards transmission, I think you can expect that, if not slightly better, but it is going to take some time for some of these, you know, transmission projects to close. You have some longer-dated ones, the big ones. But we are, that is the direction we are headed. Steve Fleishman: Okay. Ryan Brown: Okay. And then on the CAMT that you mentioned, just when do you expect to actually have that, like, full clarity on that? Sometime, this sounds like sometime this year? Jeanne M. Jones: Yes. Yeah. We are hopeful that we have final, final resolution here in the near term. Steve Fleishman: Okay. Calvin G. Butler: And then lastly, just tying up some loose state stuff that Steve Fleishman: are we going to get a Maryland lessons learned Ryan Brown: at some point? Calvin G. Butler: Or Steve Fleishman: yeah. Is there any chance they just say kind of we are moved on to Calvin G. Butler: No. We are Steve Fleishman: I do not know. Patience. Calvin G. Butler: Yeah. Yeah.”