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Efficient Financing & Incremental Investment Opportunities

EXECUTIVE SUMMARY 1 Global population growth and rising living standards will challenge the world's ability to meet sustainability goals 2 Deep decarbonization strategies in North America will dominate energy investments over the next two decades 3 Significant investments to expand and modernize North America's energy grids will be required We believe Sempra's existing portfolio is well-positioned to capture significant investment opportunities and play a leading role in the energy transition 5 SEMPRA

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