Company: PCG-PB
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001004980-25-000073
Chunk: 74

Company: PG&E Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 74
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) $438,764, Mr. Singh (SRSP Plans) $99,577, Mr. Singh (DC-ESRP) $326,547, Ms. Burke (SRSP Plans) $42,550, Ms. Burke (DC-ESRP) $142,118, Ms. Williams (SRSP Plans) $2,520, Ms. Williams (DC-ESRP) $86,877, Mr. Simon (SRSP Plans) $2,113,074, Mr. Awada (SRSP Plans) $22,162, Mr. Awada (DC-ESRP) $48,055, Mr. Waghray (SRSP Plans) $22,384 and Mr. Waghray (DC-ESRP) $105,900. |

Under the SRSP Plans, officers may defer up to 75 percent of their base salary, and all or part of their STIP payment, and PSU award if settled in cash.

PG&E Corporation also will contribute an amount equal to any employer contributions due under the 401(k) plan that were not made due to limitations under Internal Revenue Code Sections 401(m), 401(a)(17), or 415. Under the SRSP Plans, officers may elect deferrals to be distributed in 1 to 10 installments commencing in January of the year following termination of employment. For deferrals made in 2005 and thereafter, distributions may commence seven months after termination of employment or in January of a year specified by the officer. Earlier distributions may be made in the case of an officer’s death. The plan administrator may, in its discretion, permit earlier withdrawals as requested by participants to meet unforeseen emergencies.

PG&E Corporation | Pacific Gas and Electric Company 2025 Joint Proxy Statement 86

Under the DC-ESRP, each time salary or STIP is paid, PG&E Corporation credits the participant’s account with an amount equal to 7 percent of the payment. Benefits vest after three years of cumulative service with the companies, and benefits are paid in a single lump sum upon the officer’s separation from service commencing as soon as reasonably practicable, following a date seven months after the separation from service. Officers may also elect deferrals to be distributed in 2 to 10 equal annual installments. Earlier distributions may be made in the case of an officer’s death.

Earnings on amounts in participant accounts under the SRSP Plans and the DC-ESRP are calculated based on the performance of the following funds