Company: SREA
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001140361-25-010983
Chunk: 80

Company: SEMPRA
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 80
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-end over the prior year-end and (ii) above-market interest (interest in excess of 120% of the federal long-term rate) on compensation deferred on a basis that is not tax-qualified. The 2024 amounts are: |

|                   |     |   Change in 
 Accumulated 
 Benefits(1) |     | Above-Market 
     Interest |     |      Total |
| Jeffrey W. Martin |     |  $1,576,450 |     |      $74,927 |     | $1,651,377 |
| Karen L. Sedgwick |     |  $1,848,730 |     |      $16,916 |     | $1,865,646 |
| Justin C. Bird    |     |  $1,960,044 |     |      $10,597 |     | $1,970,641 |
| Diana L. Day      |     |    $148,052 |     |      $16,933 |     |   $164,985 |
| Trevor I. Mihalik |     |  $5,304,044 |     |      $23,885 |     | $5,327,929 |

| (1) | The SERP is a traditional defined benefit pension plan. Defined benefit plans are extremely sensitive to interest rate changes and other economic assumptions. The actuarial value of the pension benefit fluctuates significantly from year to year depending on a number of factors, including changes in pay, the accrual of additional age and service, interest rates and changes in actuarial assumptions such as mortality. Under the defined benefit formula, final average pay is the average base salary for the two consecutive years of highest base salary prior to retirement plus the average of the three highest annual bonuses during the 10 years prior to retirement. Final average pay does not include long-term equity-based incentives. For Mr. Martin, the year-over-year change was driven primarily by an additional year of age and service and pay changes. For additional information regarding pension benefits and deferred compensation, see “Pension Benefits” and “Nonqualified Deferred Compensation” below. |

| (F) | All Other Compensation amounts for 2024 are: |

|                   |     |     Company 401(k) 
       and Deferred 
       Compensation 
 Plan Contributions |     |      Insurance 
 Premiums(1)(2) |     |      Matching of 
       Charitable 
 Contributions(3) |     | Other(2)(4) |