Company: SREA
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001140361-25-010983
Chunk: 26

Company: SEMPRA
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 26
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 of the committee, is an audit committee financial expert as defined by the rules of the SEC.

| 2025 Proxy Statement |     | 17 |

TABLE OF CONTENTS Corporate Governance

Compensation and Talent Development Committee Our Compensation and Talent Development Committee currently is, and at all times in 2024 was, composed entirely of independent directors under the independence standards for such a committee established by the NYSE and the SEC. It assists the board in the evaluation and compensation of our executives, and it establishes our compensation principles and policies and designs and oversees our executive compensation program. The committee’s responsibilities include, among others:

| • | Reviewing and approving corporate goals and objectives relevant to the Chief Executive Officer’s compensation |

| • | Evaluating our Chief Executive Officer’s performance in light of those goals and objectives and determining and approving (and recommending for ratification by the board acting solely through the independent directors) his or her compensation level based on the committee’s performance evaluation |

| • | Determining and approving (and periodically reviewing with the board) other executive officer compensation |

| • | Making recommendations to the board with respect to incentive compensation plans and equity-based plans that are subject to board approval |

| • | Evaluating and overseeing risk in our compensation programs |

| • | Overseeing benefit plans and programs |

| • | Reviewing and discussing with management the Compensation Discussion and Analysis required to be included in the company’s proxy statement and annual report on Form 10-K and determining whether to recommend to the board that such disclosure be so included |

| • | Producing the report included in this proxy statement under “Compensation and Talent Development Committee Report” |

| • | Reporting to the board annually on succession planning together with the Chairman of the Board and Lead Independent Director, including on principles for executive officer selection |

| • | Reviewing reports on the company’s human capital management policies, initiatives and outcomes, including broader organizational leadership development and career progression and the company’s efforts to build a more diverse and inclusive workplace |

Corporate Governance Committee Our Corporate Governance Committee currently is, and at all times in 2024 was, composed entirely of independent directors under the independence standards established by the NYSE. The committee’s responsibilities include, among others:

| • | Identifying individuals qualified to become directors consistent with criteria approved by the board |

| • | Recommending to the board nominees to stand for election as directors and candidates to fill board vacancies |

| • | Overseeing the evaluation of the board and management |

| • | Recommending directors for appointment by the