PitchSend

SPOTLIGHT | PORT ARTHUR LNG PHASE 1

ADJUSTED EARNINGS (LOSSES) BY BUSINESS UNITS (UNAUDITED) 1 (Dollars in millions) GAAP Earnings (Losses) Impacts associated with Aliso Canyon litigation and regulatory matters, net of $21 income tax benefit Impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives, net of $4 income tax benefit and $1 for NCI SDG&E $ 271 $ SoCalGas Three months ended September 30, 2022 Sempra Sempra Texas California Sempra Sempra (82) $ 101 189 $ 101 256 $ Utilities Infrastructure Parent & Other Consolidated 114 $ (74) $ 485 101 (2) Net unrealized losses on commodity derivatives, net of $17 income tax benefit and ($22) for NCI Adjusted Earnings (Losses) $ 271 $ 19 $ 290 $ 256 $ 38 150 $ (74) $ จะมี (2) 38 622 SDG&E SoCalGas Three months ended September 30, 2021 Sempra Sempra Texas Sempra California Sempra GAAP Earnings (Losses) $ 205 $ Impacts associated with Aliso Canyon litigation, net of $439 income tax benefit (1,126) $ 1,132 (921) $ 1,132 206 $ Utilities Infrastructure Parent & Other Consolidated 164 $ (97) $ (648) 1,132 Impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives, net of $33 income tax benefit and $1 for NCI (29) 1 (28) Net unrealized losses on commodity derivatives, net of $32 income tax benefit and $1 for NCI Adjusted Earnings (Losses) $ 205 $ 6 $ 211 $ 206 $ 89 224 $ 89 (96) $ 545 Nine months ended September 30, 2022 Sempra Sempra Texas Sempra Sempra SDG&E SoCalGas California GAAP Earnings (Losses) $ 681 $ Impacts associated with Aliso Canyon litigation and regulatory matters, net of $60 income tax benefit Impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives, net of $80 income tax expense and ($21) for NCI 339 $ 199 1,020 $ 199 604 $ Utilities Infrastructure Parent & Other Consolidated 392 $ (360) $ 1,656 199 Net unrealized losses on commodity derivatives, net of $42 income tax benefit and ($33) for NCI Deferred income tax expense associated with the change in our indefinite reinvestment assertion related to the sale of NCI to ADIA 87 2 89 108 108 120 120 Adjusted Earnings (Losses) $ 681 $ 538 $ 1,219 $ 604 $ 587 $ (238) $ 2,172 SDG&E SoCalGas GAAP Earnings (Losses) $ 603 $ Impacts associated with Aliso Canyon litigation, net of $439 income tax benefit (625) $ 1,132 Nine months ended September 30, 2021 Sempra Sempra Texas Sempra California (22) $ 1,132 Sempra Utilities Infrastructure Parent & Other Consolidated 419 $ (226) $ 479 $ 650 1,132 Impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives, net of $8 income tax expense and $(3) for NCI Net unrealized losses on commodity derivatives, net of $67 income tax benefit and ($2) for NCI Earnings from investment in RBS Sempra Commodities LLP Adjusted Earnings (Losses) 40 176 1 41 176 (50) (50) $ 603 $ 507 $ 1,110 $ 479 $ 635 $ (275) $ 1,949 1. Except for adjustments that are solely income tax, income taxes on pretax amounts were primarily calculated based on applicable statutory tax rates. We did not record an income tax expense for the equity earnings from our investment in RBS Sempra Commodities LLP because, even though a portion of the liabilities may be deductible under United Kingdom tax law, it is not probable that the deduction will reduce United Kingdom taxes. SEMPRA 26

View entire presentation