Adjust exposure.
Hold the button and rotate the rear command dial until the desired value is displayed in the viewfinder or LCD monitor.

The amount of compensation available varies with the shooting mode.
The  Button 
If [ON/OFF SWITCH] is selected for [BUTTON/DIAL SETTING] > [EXPO. COMP. BUTTON SETTING], exposure compensation can be set by pressing the 
 button once, rotating the rear command dial, and then pressing the 
 button again. Exposure compensation can be assigned to other controls using 
[BUTTON/DIAL SETTING] > [FUNCTION (Fn) SETTING].