SPOTLIGHT | PORT ARTHUR LNG PHASE 1 slide image

SPOTLIGHT | PORT ARTHUR LNG PHASE 1

SEMPRA CALIFORNIA | SOCALGAS (Unaudited, dollars in millions) SoCalGas GAAP (Losses) Earnings Impacts Associated with Aliso Canyon Litigation and Regulatory Matters Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 $ (82) $ (1,126) $ 339 $ (625) 101 1,132 199 1,132 $ 19 $ 6 $ 538 $ 507 SoCalGas Adjusted Earnings¹ Q3-2022 adjusted earnings are higher than Q3-2021 adjusted earnings primarily due to: • $18M higher CPUC base operating margin, net of operating expenses, partially offset by $6M in higher net interest expense primarily due to higher debt balances 1. See Appendix for information regarding non-GAAP financial measures and descriptions of adjustments. SEMPRA 19
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