Efficient Financing & Incremental Investment Opportunities slide image

Efficient Financing & Incremental Investment Opportunities

STRONG TRACK RECORD OF DIFFERENTIAL GROWTH' 8% 4 Sempra 3% 3% S&P Utilities2 U.S. GDP3 10-YEAR 7% 4% Sempra 4 3% U.S. S&P GDP3 Utilities² 20-YEAR Sempra has invested in markets with above-average economic and demographic growth, supported by constructive regulatory environments, and by doing so, has grown its Adjusted EPS by more than double the CAGR of its peers - all while consistently increasing its dividend over the same period 4 Represents the 10-year or 20-year, as applicable, adjusted EPS CAGR for the period 12/31/2010 - 12/31/2020 or 12/31/2000 - 12/31/2020, respectively. Adjusted EPS is calculated differently by each of our peers than the way we calculate it, and this percentage represents the median of individual CAGRS of each company in the S&P 500 Utilities Index. 72 1. Data from Bloomberg. 2. 3. 4. Represents the 10-year or 20-year, as applicable, U.S. nominal GDP CAGR for the period 12/31/2010 - 12/31/2020 or 12/31/2000 - 12/31/2020, respectively. Represents the 10-year or 20-year, as applicable, adjusted EPS CAGR for the period 12/31/2010 - 12/31/2020 or 12/31/2000 - 12/31/2020, respectively. Adjusted EPS CAGR for 2010 - 2020 and 2000-2020 are non-GAAP financial measures. GAAP EPS CAGR for 2010-2020 was 16% and for 2000 - 2020 was 10%. See Appendix for a 87 reconciliation of these non-GAAP financial measures. SEMPRA
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