Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 7

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 7
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 household size and total household income. Beginning in 2024, we offer discounts of 40% and 60% based on the same criteria                                                                                                                              
 •PGE has participated in federal clean energy grant programs totaling more than $2 billion, of which PGE has directly received nearly $470 million in grant funding, to offset the costs of clean energy projects, including grants for critical transmission upgrades, a regional clean energy hydrogen hub and for investments in grid edge computing to help maintain resilient grid operations |

| 2025 Proxy Statement |     | Portland General Electric|11 |

#### Strategy, Performance and Sustainability
| Larry Bekkedahl                                              
 Senior Vice President, Strategy and Advanced Energy Delivery 
 Executive Sponsor of Innovation Programs at PGE              |     | INNOVATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 •Senior Vice President Larry Bekkedahl leads our Strategic Innovation team, bringing a centralized approach to managing innovation, allowing us to explore new pathways to helping our customers achieve their decarbonization goals in a cost effective way. Our Strategic Innovation team deploys an industry-leading process to track and accelerate innovative ideas. The program ties to Electric Power Research Institute, Energy Impact Partners, Stanford Bits and Watts, MIT CEEPR and Pacific Northwest National Labs. 
 •In 2024, we launched several successful innovative projects, including satellite imagery analysis for vegetation management and advancing transmission dynamic line rating technology. We demonstrated technology allowing customers with heat pumps to participate in demand response and load control programs, so customers can take control of energy costs while reducing peak usage, and we piloted the use of an electric school bus to provide energy to the grid in times of need.                                     
 •Innovation has also enabled the use of advanced computing practices to create our own closed-system bots that augment the way we do work, and improve the accuracy of forecasting models providing grid awareness, optimization and planning. AI-driven bots have enhanced our ability to gain information about outage areas and centralize data visibility during storm season, expediting the restoration process.                                                                                                           
 •Awards and recognitions include: EPRI Technology Transfer Award for EV planning and distributed energy resource management systems and the Utility 2030 Collaborative SPARK award for innovation management, as well as Top Innovator in Generation by Public Utilities Fortnightly for steam casing leak repair. Mr. Bekkedahl was honored with the Grid Innovator Award for 2024 by GridForward.                                                                                                                              |

| 12|Portland General Electric |     | 2025 Proxy Statement |

#### Corporate Governance

### CORPORATE