Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 11

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 11
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 such director’s continued service would be in the best interests of PGE. Our retirement policy is anchored on the need for Board refreshment and balanced tenure at the Board. We have an active board refreshment program with 5 new directors since 2021 and an average tenure of 5.1 years for the 2025 director nominees.

| 24|Portland General Electric |     | 2025 Proxy Statement |

#### Item 1: Election of Directors
The Nominating, Governance and Sustainability Committee recommends director candidates to the Board. The Nominating, Governance and Sustainability Committee carries out this responsibility through a year-round process described below:

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| Evaluation of Board Composition                                                                 |     |   |     | Candidate Recruitment                                                                                                                                                                                           |     |   |     | Candidate Evaluation                                                                                                                                                                          |     |   |     | Recommendation to Board                                                                                                                         |     |   |     |   |
| The Nominating, Governance and Sustainability Committee evaluates the Board's membership needs. |     |   |     | If the Nominating, Governance and Sustainability Committee determines that there is a need for new candidates,  individuals are identified through a variety of methods, including shareholder recommendations. |     |   |     | Candidates are evaluated on whether they exhibit core attributes that our Nominating, Governance and Sustainability Committee looks for in all candidates, as well as Board membership needs. |     |   |     | The Nominating, Governance and Sustainability Committee recommends selected candidates to the Board for nomination or appointment to the Board. |     |   |     |   |

Evaluation of Board Composition. Each year the Nominating, Governance and Sustainability Committee evaluates the size and composition of the Board to assess whether they are appropriate, considering our evolving needs. In making this evaluation, the Nominating, Governance and Sustainability Committee considers PGE's strategic direction, current director qualifications, experience and perspectives, the results of Board and committee self-assessments and legal and regulatory requirements. The Nominating, Governance and Sustainability Committee also considers whether there may be a need to fill a future Board vacancy considering our director retirement and tenure policy. If the Nominating, Governance and Sustainability Committee identifies a need to fill a future Board vacancy or add to the mix of skills and qualifications represented on the Board, the Nominating, Governance