Company: PCG-PB
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001004980-25-000073
Chunk: 100

Company: PG&E Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 100
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 participants. Because the ESPP, if approved by shareholders, would not become effective until January 1, 2026, no awards have been granted to date that are contingent on shareholder approval. Accordingly, we have not included a New Plan Benefits table. Future purchase prices are not determinable because they are based upon fair market value of the PG&E Corporation’s common stock.

#### Required Vote
Approval of the ESPP requires the affirmative vote of a majority of the votes cast at the Annual Meeting in person or by proxy. Unless marked to the contrary, proxies received will be voted “FOR” approval.

The PG&E Corporation Board recommends a vote “FOR” the approval of the PG&E Corporation 2025 Employee Stock Purchase Plan.

PG&E Corporation | Pacific Gas and Electric Company 2025 Joint Proxy Statement 108

User Guide

Defined terms

| “2014 LTIP”refers to the PG&E Corporation 2014 Long-Term Incentive Plan.                                                                                                                                                                                                                                                |
| “2021 LTIP”refers to the PG&E Corporation 2021 Long-Term Incentive Plan.                                                                                                                                                                                                                                                |
| “2024 Annual Report”refers to the PG&E Corporation and Pacific Gas and Electric Company 2024 Joint Annual Report to Shareholders.                                                                                                                                                                                       |
| “2025 Annual Meetings”refers to the 2025 annual meetings of shareholders of PG&E Corporation and the Utility, which will be held concurrently on May 22, 2025.                                                                                                                                                          |
| “2025 Proxy Materials”refers to this Proxy Statement, Joint Notice, Proxy Card or Voting Instruction Card, and the 2024 Annual Report.                                                                                                                                                                                  |
| “401(k) Plan”refers to the PG&E Corporation Retirement Savings Plan or the PG&E Corporation Retirement Savings Plan for Union-Represented Employees.                                                                                                                                                                    |
| “AB 1054”refers to California Assembly Bill 1054 relating to California utilities and wildfire protections                                                                                                                                                                                                              |
| “Board”refers to the Board of Directors of either PG&E Corporation or the Utility, as applicable.                                                                                                                                                                                                                       |
| “CD&A”refers to the section of the Proxy Statement entitled “Compensation Discussion and Analysis.”                                                                                                                                                                                                                     |
| “CEO”refers to the position of Chief Executive Officer of PG&E Corporation.                                                                                                                                                                                                                                             |
| “CFO”refers to the position of Chief Financial Officer of PG&E Corporation or the Utility, as appropriate.                                                                                                                                                                                                              |
| “COO”refers to