Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 36

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 36
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01%        |
| Joseph Trpik      |     | 98.89%        |     | 85.94%        |     | 101.00%                             |     | 97.17%                |     |   421,854 |              | 96.01%        |
| Benjamin Felton   |     | 98.89%        |     | 85.94%        |     | 101.00%                             |     | 97.17%                |     |   452,976 |              | 96.01%        |
| Angelica Espinosa |     | 98.89%        |     | 85.94%        |     | 101.00%                             |     | 97.17%                |     |   336,036 |              | 96.01%        |
| John McFarland(1) |     | 98.89%        |     | 85.94%        |     | 101.00%                             |     | 97.17%                |     |   137,092 |              | 96.01%        |

1. Mr. McFarland's annual cash incentive is based on actual base salary paid since his hire date of July 1, 2024.

#### Long-Term Incentive Awards

#### OVERVIEW
We grant equity-based long-term incentive (LTI) awards to our executives and other key employees pursuant to our Stock Incentive Plan. The equity component of our named executive officers' compensation emphasizes long-term shareholder value creation through performance-based restricted stock unit (PSU) and time-based restricted stock unit (RSU) awards.

PSU awards are a substantial, at-risk component of our named executive officers' compensation tied to the Company's long-term performance. RSU awards align the interests of executive officers with the interests of our customers and shareholders by promoting stability and retention of a high-performing executive team over the long term.

In 2024 we allocated 70% of our officers’ total LTI award opportunities to PSUs and 30% to RSUs.

| Our 2024 LTI Award program is consistent with our compensation guiding principles |     | Compensation Guiding Principles |     | PSUs |     | RSUs |
| Retention                                                                         |     | ✓                               |     | ✓    |     |      |
| Incentives to achieve specific Company objectives                                 |     | ✓