Efficient Financing & Incremental Investment Opportunities slide image

Efficient Financing & Incremental Investment Opportunities

I 16.5% VALUE PROPOSITION 1 Top-tier T+D infrastructure platform in attractive markets 2 Robust capital investments + rate base growth VALUE PROPOSITION I 3 Strong earnings visibility + EPS growth 1. 23 4 Sustainable dividend growth 5 Commitment to innovation, sustainability and leadership Data from Bloomberg. Represents the 3-year adjusted earnings per share (EPS) CAGR for the period 12/31/2017 - 12/31/2020. 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 and S&P 500 Index, as applicable. Data from Bloomberg as of December 31, 2020. Represents the 3-year adjusted EPS CAGR for the period 12/31/2017 - 12/31/2020. Adjusted EPS CAGR for 2017 - 2020 14 is a non-GAAP financial measure. GAAP EPS CAGR for 2017-2020 was 133%. See Appendix for a reconciliation of this non-GAAP financial measure. 8.7% 8.8% 5.4% 3-Year Adj. EPS CAGR¹ 6.8% 3-Year Adj. EPS CAGR 13.2% 3-Year Adj. EPS CAGR 3 3.3% Yield² 3.3% Yield² 2.0% Yield² S&P 500 Utilities S&P 500 Sempra
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