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Investor Presentaiton

PGE at a glance Quick facts • • • . Vertically integrated electric utility encompassing generation, transmission and distribution Approximately 900,000 retail customers within a service area of approximately 2 million residents Roughly half of Oregon's population lives within PGE service area, encompassing 51 incorporated cities entirely within the State of Oregon Roughly two-thirds of Oregon's commercial and industrial activity occurs in PGE service area 28,206 circuit miles of distribution lines (1) Leading the way to a clean energy future for Oregon Our goals align with the 100% clean energy by 2040 framework as mandated by ORS 469A.410(2). The targets to reduce baseline greenhouse gas emissions from power served to Oregon retail customers are: 80% reduction in greenhouse gas emissions by 2030 90% reduction in greenhouse gas emissions by 2035 100% reduction in greenhouse gas emissions by 2040 (1) As of December 31, 2021 3,300+ MWs of Generation Beaver WASHINGTON Washington Tucannon River Wind Farm Port Westward 1 & 2 26 OREGON Eastern Oregon Columbia River Coyote Springs 84 Portland Sandy River Biglow Canyon T.W. Sullivan Carty River Mill Faraday Wheatridge >> Madras, Oregon Pelton Round Butte Montana Colstrip Willamette River 1-5 Salem North Fork Oak Grove Clackamas River Hydro Coal Gas Wind Service territory Financial snapshot • 2021 revenue: $2.4 billion • 2021 diluted earnings per share: $2.72 PGE • Net utility plant assets: $8.0 billion (1) (2) ORS 469A.410 is an Oregon statute that sets a timetable for Oregon's electricity providers to eliminate emissions associated with power used to serve retail customers in Oregon by 100% by 2040 4
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