SEMPRA 5-Year Capital Plan
Executive Summary
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Sempra has a significant portfolio of opportunities in attractive markets
that provide enhanced visibility into the company's future growth
Declared positive FID at Port Arthur LNG Phase 1¹
Completed base rate review at Oncor, subsequently announced 5-year capital plan of $19B2
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Announcing new 5-year capital plan of $40B at Sempra³
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Reporting Q1-2023 adjusted EPS of $2.92 compared to Q1-2022 adjusted EPS of $2.914
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Guidance
Affirming FY-2023 adjusted EPS guidance range of $8.60 - $9.20*
Announcing FY-2024 EPS guidance range of $9.10 – $9.80
Affirming projected long-term EPS growth rate of 6% - 8%5
The ability to complete major development and construction projects is subject to a number of risks and uncertainties.
Reflects 100% of Oncor's current projected CapEx for 2023 2027 based on the long-term plan presented to Oncor's board of directors in April 2023. Sempra Texas $15.3B capital
plan includes Sempra's proportionate ownership share of Oncor's $19B capital plan.
Refers to Sempra's 2023 2027 capital plan which includes $12.9B of Sempra's proportionate ownership share of amounts expected to be funded by unconsolidated entities and
excludes $11.2B of projected CapEx attributable to NCI.
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Based on midpoint of 2023 adjusted EPS guidance range.
See Appendix for information regarding Adjusted EPS and Adjusted EPS guidance range, which represent non-GAAP financial measures. GAAP EPS for Q1-2023 and Q1-2022 was
$3.07 and $1.93, respectively. Updating GAAP EPS guidance range for FY-2023 to $8.76 – $9.36.
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