Company: PCG-PB
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001004980-25-000073
Chunk: 58

Company: PG&E Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 58
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utives
The People and Compensation Committee believes attracting a proven and experienced leadership team is in our stakeholders’,

including shareholders’, best interests. To secure Mr. Awada’s appointment as Executive Vice President and Chief People Officer of the companies, the People and Compensation Committee approved two awards considered necessary to attract a proven and experienced leader like Mr. Awada, at a time of significant competition for executive-level talent. These awards were made in a combination of cash and PG&E Corporation equity, the latter to provide immediate alignment with our shareholders’ interests and the rest of the executive team.

| NEO            |     | Form of Compensation |     | Terms                                                                                                                                                                              |     | Value of Award |
| Kaled H. Awada |     | Cash                 |     | • Cash payment                                                                                                                                                                     
 • Pro-rated amount subject to repayment if Mr. Awada voluntarily resigns prior to January 16, 2026.                                                                                |     |       $650,000 |
|                |     | RSUs                 |     | • RSUs with 50% vesting on the first anniversary of the date of grant (February 27, 2025) and 50% vesting on the second anniversary of the date of grant (i.e. February 27, 2026). |     |     $1,000,000 |

#### Post-Retirement Benefits
PG&E Corporation and the Utility provide retirement benefits to eligible coworkers, including the NEOs. Eligibility for different plans reflects factors including appointment date and employing entity. Tax-qualified pensions or similar plans, other tax-qualified defined contribution plans (e.g., 401(k) plans), and non-tax-qualified retirement plans for NEOs are common in our Pay Comparator Group, and the People and Compensation Committee believes these defined benefit and defined contribution plans offer significant recruiting and retention incentives.

PG&E Corporation | Pacific Gas and Electric Company 2025 Joint Proxy Statement 71

The different benefits that NEOs are eligible for are summarized below:

| Benefit                                                                                |     | Eligible                                                            |     | Key Features                                                                                                                                                                    |
| PG&E Corporation Retirement Savings Plan                                               |     | All NEOs                                                            |     | •Tax-qualified 401(k) plan                                                                                                                                                      
 •Maximum matching contribution of $0.75 for each dollar contributed, up to:                                                                                                     
 •6% of base salary for individuals eligible for the final average pay pension benefit                                                                                           
 •8% of base salary for individuals eligible for a cash balance pension benefit                                                                                                  
 •Matching funds above IRS limits