Exception Handling is a programming concept that deals with errors or unexpected events that occur during the execution of a program. Instead of crashing the program, exception handling allows developers to manage these errors gracefully. By using specific structures, like try and catch blocks, programmers can anticipate potential issues and provide alternative actions or messages to the user. When an error occurs, the program can "throw" an exception, which is then "caught" by the catch block. This process helps maintain the program's stability and improves user experience by preventing abrupt terminations. Overall, exception handling is essential for creating robust and reliable software.