PitchSend

Adjusted Earnings and Adjusted EPS Presentation

Sempra California | SDGE Three months ended September 30, Nine months ended September 30, (Unaudited, dollars in millions) SDGE GAAP Earnings 2023 2022 2023 2022 $ 274 $ 271 $ 716 $ 681 Q3-2023 earnings are higher than Q3-2022 earnings primarily due to: • $11 million higher electric transmission margin, • $8 million higher CPUC base operating margin, net of operating expenses and $6 million from lower authorized cost of capital, and $4 million higher net regulatory interest income, partially offset by • $13 million lower income tax benefit from the resolution of prior year income tax items, and $6 million higher net interest expense. SEMPRA 20

View entire presentation