TAX AND INFRAREIT INFORMATION

TAX INFORMATION

ANNUAL 1099-DIV

2019 COMMON STOCK TAX INFORMATION

On behalf of former InfraREIT, Oncor provides the following tax information to former InfraREIT common stockholders pertaining to the character of distributions paid during 2019, including how the allocations will appear on Federal Form 1099-DIV:

This was a final distribution due to the Company’s merger on May 16, 2019.

This information represents final income allocations.

Nothing contained herein should be construed as tax advice. Former InfraREIT stockholders are urged to consult with their personal tax advisors as to their specific tax treatment of InfraREIT’s distributions. Furthermore, you may not rely upon any information herein for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code.

2018 COMMON STOCK TAX INFORMATION

On behalf of former InfraREIT, Oncor provides the following tax information to former InfraREIT common stockholders pertaining to the character of distributions paid during 2018, including how the allocations will appear on Federal Form 1099-DIV:

Box 5: Dividends in Box 1a are eligible for the 20 percent qualified business income deduction under section 199A.

Nothing contained herein or therein should be construed as tax advice. Former InfraREIT stockholders are urged to consult with their personal tax advisors as to their specific tax treatment of InfraREIT's distributions. Furthermore, you may not rely upon any information herein for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code.

Report of Organizational Actions Affecting Basis of Securities

Issuers of corporate securities must complete Federal Form 8937 to report organizational actions, including nontaxable distributions that affect the basis of the securities involved in the organizational action. The information contained herein does not constitute tax advice and does not purport to be complete or describe the consequences that may apply to particular categories of shareholders.  The information contained in Federal Form 8937 is intended to satisfy the requirements of public reporting under sections 1.6045B-1(a)(3) and (b)(4) of the Treasury Regulations and as a convenience to shareholders and their tax advisors when establishing their specific tax positions.

Completed Forms 8937