Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 35

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 35
---
 80 |     |   70.50 |     |               |
| Leadership Diversity Women              |     |                33% |     |         35% |     |         37% |     |  37.03% |     |               |
| Leadership Diversity BIPOC              |     |                23% |     |         25% |     |         28% |     |  26.22% |     |               |
| Supplier Diversity                      |     |                12% |     |         18% |     |         21% |     |  18.25% |     |               |

1. Generation Reliability metric is one-third of the total operating goals and is a split between Generation Plant Availability, which is weighted 75% of Generation Reliability metric, and Third Quarter Forced Outage of our Thermal Plants, which is weighted 25% of the total Generation Reliability metric.

2. Based on a qualitative assessment of progress on the specific projects identified for each Strategic Initiative. Performance results for each project were approved by the Compensation, Culture and Talent Committee on a 0 to 4 scale. These results were averaged, with each project weighted equally, to yield an overall score between 0 and 4 for each Strategic Initiative. Scores for the Strategic Initiatives were then averaged to yield an overall performance percentage for the Strategic Initiatives. A minimum rating of “1” was required to earn a 50% payout and a score of “4” would have yielded a payout of 200%.

In light of these performance results, the Compensation, Culture and Talent Committee approved payouts for named executive officer ACI Program participants that were 96% of their target awards.

| 2025 Proxy Statement |     | Portland General Electric|55 |

#### Compensation Discussion and Analysis
The following table shows the ACI award payouts for our 2024 named executive officers.

Named Executive Officer Annual Incentive Award Payouts

| Name              |     | Financial     
 Performance % |     | Operating     
 Performance % |     | Strategic Initiatives Performance % |     | Culture Performance % |     |           | Award Payout 
 ($)          | Award         
 Payout        
 (% of Target) |
| Maria Pope        |     | 98.89%        |     | 85.94%        |     | 101.00%                             |     | 97.17%                |     | 1,181,404 |              | 96.