Investor Presentaiton

Clean and reliable energy future Key elements Renewable Portfolio Standard 50% 45% 35% • Transition PGE customers off coal-fired generation by 2030 27% 20% • Production tax credits included in annual power cost filings since 2017 Pursue transportation electrification 2020 2025 2030 2035 2040 Renewable Additions Long-term strategy 2,500 Layered approach balances near-term and long-term risks and benefits for customers 2,000 1,500 • Incremental renewable actions reduce near-term carbon emissions and puts PGE on track to meet Oregon's carbon reduction goal 1,000 500 0 25th-75th Percentile Reference Case Median 17 Note: Solid line represents renewable additions over time under 2019 Integrated Resource Plan (IRP) reference case conditions. The dashed line represents the median of renewable resource additions across all futures presented in the 2019 IRP and the shaded area reflects the 25th - 75th percentile of renewable resource additions across futures. PGE

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