Company: PCG-PB
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001004980-25-000073
Chunk: 70

Company: PG&E Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 70
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ants of Plan-Based Awards” on page 81, including the relative amounts apportioned to different elements of compensation and any applicable performance conditions, can be found in the CD&A. Information regarding specific grants and arrangements is provided below.

#### STIP Awards
Information regarding the terms and basis of 2024 STIP awards can be found in the CD&A.

#### Performance Shares
Performance shares granted in 2024 will vest, if at all, upon the third anniversary of the grant date, following and based on results during a three-year performance period from January 1, 2024, to December 31, 2026. Upon vesting, PSUs are settled in shares of PG&E Corporation common stock, net of the number of shares having a value equal to applicable withholding taxes. The specific payout formulas are discussed in the CD&A. All PSUs may be subject to earlier vesting or forfeiture upon certain events, in accordance with the terms of the grant.

Each time that a cash dividend is paid on PG&E Corporation common stock, an amount equal to the cash dividend per share multiplied by the number of PSUs granted to the recipient will be accrued on behalf of the recipient. At the end of the vesting period, the amount of any accrued dividend equivalents will be increased or decreased by the same payout factor used to increase or decrease the number of vested PSUs for the period, and the recipient will receive a cash payment equal to the amount of any accrued dividends.

Outstanding Equity Awards at Fiscal Year End – 2024

This table provides additional information regarding performance shares, stock options, and RSUs that were held as of December 31, 2024, by the NEOs, including awards granted prior to 2024. Any awards described below that were granted in 2024 also are reflected in the “Grants of Plan-Based Awards” table on page 82.

|                |     | Option Awards                                                          |     |        |                                                                          |     |   |                           |     |       |            |     |          | Stock Awards                                                   |     |         |                                                                      |     |            |                               |     |           |                                                               |     |            |
| Name           |     | Number of Securities Underlying Unexercised Options (#) Exercisable(1) |     |        | Number of Securities Underlying Unexercised Options (#) Unexercisable(2) |     |   | Option Exercise Price ($) |     |       | Option     
 Expiration 
 Date       |