Investor Presentaiton

PGE at a glance Quick facts(¹) Vertically-integrated energy company encompassing generation, transmission and distribution • 885,000 customers (1) • Serves 46 percent of Oregonians, 51 incorporated cities . Service area covers majority of Oregon's commercial and industrial activity Financial snapshot(2) • Revenue: $2.0 billion Non-GAAP earnings per share: $2.29 (3) • Net utility plant assets: $6.7 billion 1) As of 9/30/2018 3,800+ MWs of generation Beaver Port Westward 1 & 2 OREGON WASHINGTON 26 Montana Colstrip 3 & 4 Washington Tucannon River Wind Farm Columbia River 84 Portland 7.W. Sullivan Eastern Oregon Sandy River Coyote Springs Willamette River 1-5 Salem River Mill Faraday North Fork Oak Grove Clackamas River Hydro Gas Coal Wind Service territory Biglow Canyon Boardman Carty Madras, Oregon Pelton Round Butte 2) Period of 1/1/2017 - 12/31/2017 3) Diluted earnings per share, based on generally accepted accounting principles (GAAP), was $2.10 per diluted share. When excluding the negative effects of the recent federal Tax Cuts and Jobs Act (TCJA), non-GAAP diluted earnings per share increased $0.19 per diluted share to $2.29 per diluted share. Management believes that excluding the effects of the TCJA provides a more meaningful representation of the company's comparative earnings. The Company has adjusted this amount to maintain comparability between periods. Portland General Electric 5

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