AEP TRANSMISSION COMPANY, LLC AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN MEMBER’S EQUITY For the Years Ended December 31, 2020, 2019 and 2018 (in millions) Paid-in Capital Retained Earnings Total Member’s Equity TOTAL MEMBER'S EQUITY - DECEMBER 31, 2017 $ 1,816.6  $ 773.3  $ 2,589.9  Capital Contribution from Member 664.0  664.0  Net Income 315.9  315.9  TOTAL MEMBER'S EQUITY - DECEMBER 31, 2018 2,480.6  1,089.2  3,569.8  Net Income 439.7  439.7  TOTAL MEMBER'S EQUITY - DECEMBER 31, 2019 2,480.6  1,528.9  4,009.5  Capital Contribution from Member 335.0  335.0  Capital Distribution of Radial Assets to Member (50.0) (50.0) Dividends Paid to Member (5.0) (5.0) Net Income 423.4  423.4  TOTAL MEMBER'S EQUITY - DECEMBER 31, 2020 $ 2,765.6  $ 1,947.3  $ 4,712.9  See Notes to Financial Statements of Registrants beginning on page 229. 154