Malcarney Kevin P.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · derivative · entry 11

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Common Stock, par value $.01 per share · 742 shares

Expires 2023-04-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F9 · derivative.exercise_price: In connection with the vesting of the RPSUs described above, a previously accrued 1,485 dividend equivalent rights ("DERs") and an incremental 742 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,516 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F9 · price: In connection with the vesting of the RPSUs described above, a previously accrued 1,485 dividend equivalent rights ("DERs") and an incremental 742 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,516 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F9 · derivative.exercise_date: In connection with the vesting of the RPSUs described above, a previously accrued 1,485 dividend equivalent rights ("DERs") and an incremental 742 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,516 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · derivative · entry 10

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 742

Underlying: Class C Common Stock, par value $.01 per share · 742 shares

Expires 2023-04-15

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F9 · derivative.exercise_price: In connection with the vesting of the RPSUs described above, a previously accrued 1,485 dividend equivalent rights ("DERs") and an incremental 742 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,516 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F9 · price: In connection with the vesting of the RPSUs described above, a previously accrued 1,485 dividend equivalent rights ("DERs") and an incremental 742 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,516 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F9 · derivative.exercise_date: In connection with the vesting of the RPSUs described above, a previously accrued 1,485 dividend equivalent rights ("DERs") and an incremental 742 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,516 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · derivative · entry 9

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,968

Underlying: Class C Common Stock, par value $.01 per share · 16,542 shares

Expires 2026-04-15

F15 · derivative.exercise_price: The Reporting Person was issued 10,968 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. under the LTIP on April 15, 2023. The RPSUs will convert to shares of Clearway Energy, Inc. Class C Common Stock on April 15, 2026 only in the event the Company has achieved a certain level of total shareholder return ("TSR") relative to the Peer Group (defined below) over a three-year performance period. The number of shares of Common Stock that the Reporting Person may receive is interpolated for TSR falling between Threshold, Target, and Maximum levels as described below.

F15 · shares: The Reporting Person was issued 10,968 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. under the LTIP on April 15, 2023. The RPSUs will convert to shares of Clearway Energy, Inc. Class C Common Stock on April 15, 2026 only in the event the Company has achieved a certain level of total shareholder return ("TSR") relative to the Peer Group (defined below) over a three-year performance period. The number of shares of Common Stock that the Reporting Person may receive is interpolated for TSR falling between Threshold, Target, and Maximum levels as described below.

F16 · balance_after: Reporting Person will receive (i) a maximum of 16,452 shares of Class C Common Stock if Company's TSR is ranked at or above the 75th percentile relative to a peer group of companies approved by the Company's Compensation Committee (the "Peer Group") for the performance period ("Maximum"); (ii) 10,968 shares of Class C Common Stock if Company's TSR is ranked at the 50th percentile relative to the Peer Group for the performance period (the "Target"); provided, however, if TSR is less than negative twenty percent (-20%), the Company's TSR must be ranked at the 60th percentile relative to the Peer Group for the performance period to receive the Target award; or (iii) 2,742 shares of Common Stock if Company's TSR is ranked at the 25th percentile relative to the Peer Group for the performance period (the "Threshold"). The Reporting Person will not receive any shares of Common Stock if Company's TSR is below the 25th percentile.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · nonDerivative · entry 8

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,146

F12 · shares: Represents RSUs issued to Mr. Malcarney under the LTIP.

F13 · price: Each RSU is equivalent in value to one share of Clearway Energy, Inc.'s Class C Common Stock, par value $.01 per share.

F14 · balance_after: The Reporting Person will receive from Clearway Energy, Inc. one such share of Class C Common Stock for each RSU that will vest ratably over a three-year period beginning on the first anniversary of the date of the grant.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · nonDerivative · entry 7

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,755

F11 · price: Restricted Stock Unit (RSU) awards become eligible for continued vesting after a participant's Retirement, as defined in Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"), provided the award has been outstanding for one year. On April 15, 2023, Mr. Malcarney's RSUs granted on April 15, 2022 became eligible for continued vesting pursuant to the award agreement in the event Mr. Malcarney retires. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation associated with his eligibility for continued vesting of outstanding RSUs. This form reflects the surrender of 149 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · nonDerivative · entry 6

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,904

F10 · price: Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RPSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 9,165 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · nonDerivative · entry 5

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 72,069

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F9 · price: In connection with the vesting of the RPSUs described above, a previously accrued 1,485 dividend equivalent rights ("DERs") and an incremental 742 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,516 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · nonDerivative · entry 4

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 71,327

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · price: Mr. Malcarney was issued 10,827 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) (the "Company") under the Company's Amended and Restated 2013 Equity Incentive Plan (the "LTIP") on April 15, 2020. Based on the Company reaching a certain level of total shareholder return ("TSR"), 16,241 RPSUs vested on April 15, 2023.

F8 · price: Mr. Malcarney was entitled to receive (i) a maximum of 16,241 shares of Class C Common Stock if Company's TSR ranked at or above the 75th percentile relative to a peer group of companies approved by the Company's Compensation Committee (the "Peer Group") for the performance period (the "Maximum"); (ii) 10,827 shares if Company's TSR ranked at the 50th percentile relative to the Peer Group for the performance period (the "Target"); provided, however, if TSR was less than negative twenty percent (-20%), the Company's TSR must be ranked at the 60th percentile relative to the Peer Group for the performance period to receive the Target award; or (iii) 2,706 shares if Company's TSR ranked at the 25th percentile relative to the Peer Group for the performance period (the "Threshold"). The Reporting Person would not have received any shares if Company's TSR was below the 25th percentile relative to the Peer Group for the performance period.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · nonDerivative · entry 3

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 55,086

F5 · price: On April 15, 2022, Mr. Malcarney was issued 4,819 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on the first anniversary of the date of the grant. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On April 15, 2023, 1,673 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 801 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F6 · balance_after: In connection with the vesting of the RSUs described above, 69 DERs converted to Class C Common Stock, resulting in the reporting person holding 3,001 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · nonDerivative · entry 2

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 55,887

F3 · price: On April 15, 2021, Mr. Malcarney was issued 4,597 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on the first anniversary of the date of the grant. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On April 15, 2023, 1,512 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 667 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F4 · balance_after: In connection with the vesting of the RSUs described above, 122 DERs converted to Class C Common Stock, resulting in the reporting person holding 3,070 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001415889-23-006649 · form4-04182023_100422.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 56,554

F1 · price: On April 15, 2020, Mr. Malcarney was issued 5,341 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on the first anniversary of the date of the grant. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On April 15, 2023, 2,028 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 894 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F2 · balance_after: In connection with the vesting of the RSUs described above, 244 DERs converted to Class C Common Stock, resulting in the reporting person holding 3,192 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001415889-23-004120 · form4-03032023_090337.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,448

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 3,436 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001415889-22-012062 · form4-12052022_091232.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,936

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 2,924 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001415889-22-009370 · form4-09062022_010945.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,499

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Deferred Stock Units, which become exercisable proportionately with the Deferred Stock Units to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc.

F2 · balance_after: Includes 2,487 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001415889-22-006117 · form4-06032022_010623.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,099

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 2,087 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001415889-22-004146 · form4-04192022_010430.xml · derivative · entry 5

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,453

Underlying: Class C Common Stock, par value $.01 per share · 14,179 shares

Expires 2025-04-15

F10 · derivative.exercise_price: The Reporting Person was issued 9,453 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. under the LTIP on April 15, 2022. The RPSUs will convert to shares of Clearway Energy, Inc. Class C Common Stock on April 15, 2025 only in the event the Company has achieved a certain level of total shareholder return ("TSR") relative to the Peer Group (defined below) over a three-year performance period. The number of shares of Common Stock that the Reporting Person may receive is interpolated for TSR falling between Threshold, Target, and Maximum levels as described below.

F10 · shares: The Reporting Person was issued 9,453 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. under the LTIP on April 15, 2022. The RPSUs will convert to shares of Clearway Energy, Inc. Class C Common Stock on April 15, 2025 only in the event the Company has achieved a certain level of total shareholder return ("TSR") relative to the Peer Group (defined below) over a three-year performance period. The number of shares of Common Stock that the Reporting Person may receive is interpolated for TSR falling between Threshold, Target, and Maximum levels as described below.

F11 · balance_after: Reporting Person will receive (i) a maximum of 14,179 shares of Class C Common Stock if Company's TSR is ranked at or above the 75th percentile relative to a peer group of companies approved by the Company's Compensation Committee (the "Peer Group") for the performance period ("Maximum"); (ii) 9,453 shares of Class C Common Stock if Company's TSR is ranked at the 50th percentile relative to the Peer Group for the performance period (the "Target"); provided, however, if TSR is less than negative twenty percent (-20%), the Company's TSR must be ranked at the 60th percentile relative to the Peer Group for the performance period to receive the Target award; or (iii) 2,363 shares of Common Stock if Company's TSR is ranked at the 25th percentile relative to the Peer Group for the performance period (the "Threshold"). The Reporting Person will not receive any shares of Common Stock if Company's TSR is below the 25th percentile.

SEC source: 0001415889-22-004146 · form4-04192022_010430.xml · nonDerivative · entry 4

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,683

F7 · shares: Represents RSUs issued to Mr. Malcarney under the LTIP.

F8 · price: Each RSU is equivalent in value to one share of Clearway Energy, Inc.'s Class C Common Stock, par value $.01 per share.

F9 · balance_after: The Reporting Person will receive from Clearway Energy, Inc. one such share of Class C Common Stock for each RSU that will vest ratably over a three-year period beginning on the first anniversary of the date of the grant.

SEC source: 0001415889-22-004146 · form4-04192022_010430.xml · nonDerivative · entry 3

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,864

F5 · price: On April 15, 2021, Mr. Malcarney was issued 4,597 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on the first anniversary of the date of the grant. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On April 15, 2022, 1,596 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 817 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F6 · balance_after: In connection with the vesting of the RSUs described above, 66 DERs converted to Class C Common Stock, resulting in the reporting person holding 1,671 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001415889-22-004146 · form4-04192022_010430.xml · nonDerivative · entry 2

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,681

F3 · price: On April 15, 2020, Mr. Malcarney was issued 5,341 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on the first anniversary of the date of the grant. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On April 15, 2022, 1,760 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 859 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F4 · balance_after: In connection with the vesting of the RSUs described above, 145 DERs converted to Class C Common Stock, resulting in the reporting person holding 1,737 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001415889-22-004146 · form4-04192022_010430.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,540

F1 · price: Restricted Stock Unit (RSU) awards become eligible for continued vesting after a participant's Retirement, as defined in Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"), provided the award has been outstanding for one year. On April 15, 2022, Mr. Malcarney's RSUs granted on April 15, 2021 became eligible for continued vesting pursuant to the award agreement in the event Mr. Malcarney retires. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation associated with his eligibility for continued vesting of outstanding RSUs. This form reflects the surrender of 147 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F2 · balance_after: Includes 1,882 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001415889-22-002888 · form4-03112022_010302.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · EVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,687

F1 · price: Restricted Stock Unit (RSU) awards become eligible for continued vesting after a participant's Retirement, as defined in Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"), provided the award has been outstanding for one year. On March 9, 2022, Mr. Malcarney's RSUs granted on April 15, 2020 became eligible for continued vesting pursuant to the award agreement in the event Mr. Malcarney retires. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation associated with his eligibility for continued vesting of outstanding RSUs. This form reflects the surrender of 178 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F2 · balance_after: Includes 1,888 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001415889-22-002336 · form4-03032022_010315.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, GEN COUNSEL AND CORP SECR

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,865

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 1,902 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-22-000126 · edgar.xml · derivative · entry 7

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Common Stock, par value$.01 per share · 766 shares

Expires 2022-02-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: In connection with the vesting of the RPSUs described above, a previously accrued 1,532 dividend equivalent rights ("DERs") and an incremental 766 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,584 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F5 · date: In connection with the vesting of the RPSUs described above, a previously accrued 1,532 dividend equivalent rights ("DERs") and an incremental 766 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,584 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F5 · price: In connection with the vesting of the RPSUs described above, a previously accrued 1,532 dividend equivalent rights ("DERs") and an incremental 766 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,584 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F5 · derivative.exercise_date: In connection with the vesting of the RPSUs described above, a previously accrued 1,532 dividend equivalent rights ("DERs") and an incremental 766 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,584 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-22-000126 · edgar.xml · derivative · entry 6

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 766

Underlying: Class C Common Stock, par value $.01 per share · 766 shares

Expires 2022-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: In connection with the vesting of the RPSUs described above, a previously accrued 1,532 dividend equivalent rights ("DERs") and an incremental 766 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,584 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F5 · price: In connection with the vesting of the RPSUs described above, a previously accrued 1,532 dividend equivalent rights ("DERs") and an incremental 766 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,584 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

F5 · derivative.exercise_date: In connection with the vesting of the RPSUs described above, a previously accrued 1,532 dividend equivalent rights ("DERs") and an incremental 766 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,584 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-22-000126 · edgar.xml · derivative · entry 5

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Common Stock, par value$.01 per share · 16,107 shares

Expires 2022-01-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Mr. Malcarney was issued 10,738 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) (the "Company") under the Company's Amended and Restated 2013 Equity Incentive Plan (the "LTIP") on January 2, 2019. Based on the Company reaching a certain level of total shareholder return ("TSR"), 16,107 RPSUs vested on January 2, 2022.

F4 · derivative.exercise_price: Mr. Malcarney was entitled to receive (i) a maximum of 16,107 shares of Class C Common Stock if Company's TSR ranked at or above the 75th percentile relative to a peer group of companies approved by the Company's Compensation Committee (the "Peer Group") for the performance period (the "Maximum"); (ii) 10,738 shares if Company's TSR ranked at the 50th percentile relative to the Peer Group for the performance period (the "Target"); provided, however, if TSR was less than negative twenty percent (-20%), the Company's TSR must be ranked at the 60th percentile relative to the Peer Group for the performance period to receive the Target award; or (iii) 2,685 shares if Company's TSR ranked at the 25th percentile relative to the Peer Group for the performance period (the "Threshold"). The Reporting Person would not have received any shares if Company's TSR was below the 25th percentile relative to the Peer Group for the performance period.

SEC source: 0001179110-22-000126 · edgar.xml · nonDerivative · entry 4

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,547

F6 · price: Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RPSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 8,818 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

SEC source: 0001179110-22-000126 · edgar.xml · nonDerivative · entry 3

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,365

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · price: In connection with the vesting of the RPSUs described above, a previously accrued 1,532 dividend equivalent rights ("DERs") and an incremental 766 DERs vested and converted to Class C Common Stock resulting in the reporting person holding 1,584 DERs that may only be settled in Class C Common Stock. DERs accrue on the reporting person's outstanding RSUs and RPSUs, which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each DER is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-22-000126 · edgar.xml · nonDerivative · entry 2

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,599

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · price: Mr. Malcarney was issued 10,738 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) (the "Company") under the Company's Amended and Restated 2013 Equity Incentive Plan (the "LTIP") on January 2, 2019. Based on the Company reaching a certain level of total shareholder return ("TSR"), 16,107 RPSUs vested on January 2, 2022.

F4 · price: Mr. Malcarney was entitled to receive (i) a maximum of 16,107 shares of Class C Common Stock if Company's TSR ranked at or above the 75th percentile relative to a peer group of companies approved by the Company's Compensation Committee (the "Peer Group") for the performance period (the "Maximum"); (ii) 10,738 shares if Company's TSR ranked at the 50th percentile relative to the Peer Group for the performance period (the "Target"); provided, however, if TSR was less than negative twenty percent (-20%), the Company's TSR must be ranked at the 60th percentile relative to the Peer Group for the performance period to receive the Target award; or (iii) 2,685 shares if Company's TSR ranked at the 25th percentile relative to the Peer Group for the performance period (the "Threshold"). The Reporting Person would not have received any shares if Company's TSR was below the 25th percentile relative to the Peer Group for the performance period.

SEC source: 0001179110-22-000126 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,492

F1 · price: On January 2, 2019, Mr. Malcarney was issued 5,756 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on January 2, 2020. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy, Inc., par value $.01 per share. On January 2, 2022, 1,923 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 1,146 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F2 · balance_after: In connection with the vesting of the RSUs described above, 274 DERs converted to Class C Common Stock, resulting in the reporting person holding 3,116 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-21-010606 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,638

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 3,390 dividend equivalent rights that may only be settled in Class C Common Stock. There has been a de minimus adjustment of 1 share to the number of dividend equivalent rights as a result of rounding fractional shares.

SEC source: 0001179110-21-008608 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,234

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 2,986 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-21-006354 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,775

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 2,527 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-21-004514 · edgar.xml · derivative · entry 3

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,387

Underlying: Class C Common Stock, par value$.01 per share · 14,080 shares

Expires 2024-04-15

F6 · derivative.exercise_price: The Reporting Person was issued 9,387 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. under the LTIP on April 15, 2021. The RPSUs will convert to shares of Clearway Energy, Inc. Class C Common Stock on April 15, 2024 only in the event the Company has achieved a certain level of total shareholder return ("TSR") relative to the Peer Group (defined below) over a three-year performance period. The number of shares of Common Stock that the Reporting Person may receive is interpolated for TSR falling between Threshold, Target, and Maximum levels as described below.

F6 · shares: The Reporting Person was issued 9,387 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. under the LTIP on April 15, 2021. The RPSUs will convert to shares of Clearway Energy, Inc. Class C Common Stock on April 15, 2024 only in the event the Company has achieved a certain level of total shareholder return ("TSR") relative to the Peer Group (defined below) over a three-year performance period. The number of shares of Common Stock that the Reporting Person may receive is interpolated for TSR falling between Threshold, Target, and Maximum levels as described below.

F7 · balance_after: Reporting Person will receive (i) a maximum of 14,080 shares of Class C Common Stock if Company's TSR is ranked at or above the 75th percentile relative to a peer group of companies approved by the Company's Compensation Committee (the "Peer Group") for the performance period ("Maximum"); (ii) 9,387 shares of Class C Common Stock if Company's TSR is ranked at the 50th percentile relative to the Peer Group for the performance period (the "Target"); provided, however, if TSR is less than negative twenty percent (-20%), the Company's TSR must be ranked at the 60th percentile relative to the Peer Group for the performance period to receive the Target award; or (iii) 2,346 shares of Common Stock if Company's TSR is ranked at the 25th percentile relative to the Peer Group for the performance period (the "Threshold"). The Reporting Person will not receive any shares of Common Stock if Company's TSR is below the 25th percentile.

SEC source: 0001179110-21-004514 · edgar.xml · nonDerivative · entry 2

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,246

F3 · shares: Represents RSUs issued to Mr. Malcarney under the LTIP.

F4 · price: Each RSU is equivalent in value to one share of Clearway Energy, Inc.'s Class C Common Stock, par value $.01 per share.

F5 · balance_after: The Reporting Person will receive from Clearway Energy, Inc. one such share of Class C Common Stock for each RSU that will vest ratably over a three-year period beginning on the first anniversary of the date of the grant.

SEC source: 0001179110-21-004514 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,649

F1 · price: On April 15, 2020, Mr. Malcarney was issued 5,341 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on the first anniversary of the date of the grant. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On April 15, 2021, 1,778 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 861 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F2 · balance_after: In connection with the vesting of the RSUs described above, 79 DERs converted to Class C Common Stock, resulting in the reporting person holding 1,998 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-21-002713 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,510

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 2,077 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-21-000226 · edgar.xml · nonDerivative · entry 2

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,167

F3 · price: On January 2, 2019, Mr. Malcarney was issued 5,756 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on January 2, 2020. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On January 2, 2021, 1,917 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 997 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F4 · balance_after: In connection with the vesting of the RSUs described above, 181 DERs converted to Class C Common Stock, resulting in the reporting person holding 1,734 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-21-000226 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,164

F1 · price: On May 11, 2018, Mr. Malcarney was issued 33,232 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on January 4, 2019. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On January 2, 2021, 3,323 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 2,011 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F2 · balance_after: In connection with the vesting of the RSUs described above, 506 DERs converted to Class C Common Stock, resulting in the reporting person holding 1,915 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-20-011656 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,175

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 2,421 dividend equivalent rights that may only be settled in Class C Common Stock. There has been a de minimus adjustment of 1 shares to the number of dividend equivalent rights as a result of rounding fractional shares.

SEC source: 0001179110-20-009559 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,786

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 2,032 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-20-006883 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,340

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 1,586 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-20-004956 · edgar.xml · derivative · entry 2

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,827

Underlying: Class C Common Stock, par value $.01 per share · 16,240 shares

Expires 2023-04-15

F4 · derivative.exercise_price: The Reporting Person was issued 10,827 Relative Performance Stock Units ("RPSUs") by Clearway Energy, Inc. under the LTIP on April 15, 2020. The RPSUs will convert to shares of Clearway Energy, Inc. Class C Common Stock on April 15, 2023 only in the event the Company has achieved a certain level of total shareholder return ("TSR") relative to the Peer Group (defined below) over a three-year performance period. The number of shares of Common Stock that the Reporting Person may receive is interpolated for TSR falling between Threshold, Target, and Maximum levels as described below.

F5 · balance_after: Reporting Person will receive (i) a maximum of 16,240 shares of Class C Common Stock if Company's TSR is ranked at or above the 75th percentile relative to a peer group of companies approved by the Company's Compensation Committee (the "Peer Group") for the performance period ("Maximum"); (ii) 10,827 shares of Class C Common Stock if Company's TSR is ranked at the 50th percentile relative to the Peer Group for the performance period (the "Target"); provided, however, if TSR is less than negative twenty percent (-20%), the Company's TSR must be ranked at the 60th percentile relative to the Peer Group for the performance period to receive the Target award; or (iii) 2,706 shares of Common Stock if Company's TSR is ranked at the 25th percentile relative to the Peer Group for the performance period (the "Threshold"). The Reporting Person will not receive any shares of Common Stock if Company's TSR is below the 25th percentile.

SEC source: 0001179110-20-004956 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,004

F1 · shares: Represents Restricted Stock Units ("RSUs") issued to Mr. Malcarney under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP").

F2 · price: Each RSU is equivalent in value to one share of Clearway Energy, Inc.'s Class C Common Stock, par value $.01 per share.

F3 · balance_after: The Reporting Person will receive from Clearway Energy, Inc. one such share of Class C Common Stock for each RSU that will vest ratably over a three-year period beginning on the first anniversary of the date of the grant.

SEC source: 0001179110-20-003097 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,663

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 1,250 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-20-000310 · edgar.xml · nonDerivative · entry 2

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,479

F3 · price: On May 11, 2018, Mr. Malcarney was issued 33,232 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on January 4, 2019. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On January 3, 2020, 10,967 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 5,834 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F4 · balance_after: In connection with the vesting of the RSUs described above, 1,149 DERs converted to Class C Common Stock, resulting in the reporting person holding 1,066 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-20-000310 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,313

F1 · price: On January 2, 2019, Mr. Malcarney was issued 5,756 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on January 2, 2020. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On January 2, 2020, 1,916 shares vested. Mr. Malcarney elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 1,052 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.

F2 · balance_after: In connection with the vesting of the RSUs described above, 94 DERs converted to Class C Common Stock, resulting in the reporting person holding 2,215 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.

SEC source: 0001179110-19-012352 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,365

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 2,309 dividend equivalent rights that may only be settled in Class C Common Stock. There has been a de minimus adjustment of 1 share to the number of dividend equivalent rights as a result of rounding fractional shares.

SEC source: 0001179110-19-010120 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,025

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 1,969 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-19-007196 · edgar.xml · nonDerivative · entry 1

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,660

F1 · price: Represents dividend equivalent rights accrued on the Reporting Person's Restricted Stock Units ("RSUs") and Relative Performance Stock Units ("RPSUs"), which become exercisable proportionately with the RSUs and RPSUs to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc. as determined by the RSU or RPSU to which they relate.

F2 · balance_after: Includes 1,604 dividend equivalent rights that may only be settled in Class C Common Stock.

SEC source: 0001179110-19-003277 · edgar.xml · nonDerivative · entry 2

Malcarney Kevin P. · CIK 0001738590 · SVP, Gen Counsel and Corp Secr

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,246

F3 · price: This transaction was executed in multiple trades at prices ranging from $14.555 to $14.650. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.