To fix an underexposed clip, open it above, open More options and raise Exposure until the middle of the Histogram sits where it should, usually by the number of stops the shot was under. Then lift Shadows a little, pull Highlights back if lamps or sky start to flatten, and check with Before and after. Auto brighten does the same calculation for you if you’d rather start from a suggestion.
Exposure here is a genuine gain in linear light: +1 EV doubles the light in every pixel, the way opening the aperture by one stop would have. That matters because it keeps the ratios between areas intact, so a face and the wall behind it stay in the same relationship they had on set. Values pushed past white are rolled into it on a smooth shoulder rather than chopped off.