Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 8

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 8
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WTC1301, Portland, Oregon 97204, Attention: Corporate Secretary. |     |                                                                                           |

| 2025 Proxy Statement |     | Portland General Electric|13 |

#### Corporate Governance

### SHAREHOLDER AND STAKEHOLDER ENGAGEMENT
We believe in proactive engagement with shareholders, including participation of independent directors as appropriate. The Board chair serves as the point of contact for shareholders and others to communicate with the Board, including meeting with investors as appropriate. Executive management and members of our Investor Relations team engage regularly with our shareholders to seek their input on a variety of matters. In 2024, we had over 225 investor engagements. In addition, in 2024, we conducted proactive outreach with the governance teams of our top 20 largest shareholders representing over 36% of shares outstanding. Topics included:

| Strategy and value    
 proposition           |     | Financial operation and performance |     | Board leadership, composition,          
 and refreshment                         |
| Progress on           
 decarbonization goals |     | Executive compensation              |     | Regulatory and legislative developments |

We communicate with shareholders through routine forums, including quarterly earnings presentations and other significant events, as well as direct communications .

In addition, our management and Board regularly engage with other stakeholders, including representatives of local communities and organizations, political bodies and our regulators. When the Board is not a direct participant, we relay the feedback we obtain through these conversations to the Board and its committees, and work to adequately address the concerns of our stakeholders.

#### Our Engagement Strategy
| 1. Engage                            
 •Customers                           
 •Shareholders and Governance Teams   
 •Communities and local organizations 
 •Regulators                          
 •Employees                           |     | 2. Seek Input                           
 •Company Strategy                       
 •Decarbonization Goals                  
 •Board Governance                       
 •Operational Issues and Risk Management |     | 3. Inform                                              
 •Discuss with Board to ensure feedback is addressed    
 •Reflect feedback in strategy and governance practices |

| 14|Portland General Electric |     | 2025 Proxy Statement |

|                                                                                                                                            |     | Item 1: Election of Directors                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 OUR BOARD IS EXPERIENCED, DIVERSE AND INDEPENDENT                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
 The Board, acting upon the recommendation of the Nominating, Governance and Sustainability Committee, has nominated the following 9 directors for election to our Board. All elected directors will serve until the 2026 Annual Meeting, or until their successors are elected and qualified, except in the case of earlier death,