SPOTLIGHT | PORT ARTHUR LNG PHASE 1 slide image

SPOTLIGHT | PORT ARTHUR LNG PHASE 1

SEMPRA CALIFORNIA | SDG&E (Unaudited, dollars in millions) SDG&E GAAP Earnings Three months ended September 30, Nine months ended September 30, 2022 2021 2022 2021 $ 271 $ 205 $ 681 $ 603 Q3-2022 earnings are higher than Q3-2021 earnings primarily due to: • • $32M lower income tax expense primarily from flow-through items, net of lower associated regulatory revenues, $18M higher income tax benefit from the resolution of prior year income tax items, and • $18M higher CPUC base operating margin, net of operating expenses SEMPRA 18
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