Analyst Coverage

Firm Analyst
Bank of America Merrill Lynch   Gabe Moreen
Hilliard Lyons   Spencer Joyce
Janney Montgomery Scott   Michael Gaugler
Seaport Global Securities   Mark Levin
U.S. Capital Advisors   Daniel Fidell
Wells Fargo Securities   Sarah Akers

WGL Holdings, Inc. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding WGL Holdings, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of WGL Holdings, Inc. or its management. WGL Holdings, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.