Company: PCG-PB
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001004980-25-000073
Chunk: 63

Company: PG&E Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 63
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 Plan
For 2025, the design is thematically consistent with 2024, with safety and wildfire mitigation plan metrics making up 60% of the overall weight, and a continued emphasis on outcome-oriented and risk reduction metrics.

#### Long-Term Incentive Plan
The design of annual equity grants to executive officers (including NEOs) has been updated to better align with approaches observed in our Pay Comparator Group. Similar to the short-term incentive program, the weighting of safety metrics is the focus. The performance metrics and weightings used in 2024 will be retained in 2025.

In 2025, the People and Compensation Committee will submit the 2025 compensation program for approval under AB 1054. The plans continue to focus on safety with minor refinements to ensure alignment with our strategic priorities and external commitments.

#### Additional Information
Equity Grant Date Policy

The PG&E Corporation Equity Grant Date Policy, as last amended in February 2024, generally provides that annual LTIP awards, if any, are granted once per year on March 1 (or if that day is not a business day, then on the following business day). Annual LTIP awards may be granted to eligible coworkers on a date other than March 1 in certain occasions like when a coworker is on an approved leave of absence on March 1.

The companies retain discretion to grant LTIP awards other than annual awards (such as for newly hired or newly promoted officers or for retention, recognition or other like purposes). If the grant date of any non-annual LTIP award would occur during a trading blackout period, as defined under the company’s Insider Trading Standard, then the actual grant date will be the first business day after the trading blackout period ends.

The companies do notgrant equity awards in anticipation of the release of material nonpublic information and do nottime the

release of material nonpublic information based on equity award grant dates or for the purpose of affecting the value of executive

compensation.

### Use of Non-GAAP Financial Metrics
NEOs receive incentive awards that are subject to earnings metrics that are considered “Non-GAAP financial measures” under SEC rules and regulations. See “Exhibit A,” starting on page 73, for a reconciliation of these measures to GAAP measures.

#### Tax and Accounting Considerations
The People and Compensation Committee sets NEO compensation in accordance with our compensation philosophy and continues to believe that attracting, retaining, and motivating our coworkers with a compensation program that supports long-term value creation is in the best interests of