Company: PCG-PB
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001004980-25-000073
Chunk: 92

Company: PG&E Corp
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 92
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 corporate governance practice. If the shareholders of either PG&E Corporation or the Utility do not ratify the appointment, the applicable Audit Committee will investigate the reasons for rejection by the shareholders and will reconsider the appointment. Even if a company’s shareholders ratify the selection, the applicable Audit Committee, in its discretion, may change the appointment at any time during the year if it determines that such a change would be in the best interests of that company and its shareholders.

| Report of the Audit Committees                                                                                                                                                                                                                                                                                                                                                                                                                         
 The Audit Committees of PG&E Corporation and Pacific Gas and Electric Company are comprised of independent directors and operate under written charters adopted by their respective Boards. The members of the Audit Committees of PG&E Corporation and the Utility are identical. At both PG&E Corporation and the Utility, management is responsible for internal controls and the integrity of the financial reporting process.                     
 The Audit Committees reviewed and discussed the audited consolidated financial statements of PG&E Corporation and the Utility with management and the independent auditor. The Audit Committees also discussed with the independent auditor the matters that are required to be discussed by applicable requirements of the Public Company Accounting Oversight Board (PCAOB) and the SEC.                                                             
 Deloitte & Touche LLP was the independent auditor for PG&E Corporation and the Utility in 2024. Deloitte & Touche LLP provided to the Committees the written disclosures and letter required by applicable requirements of the PCAOB regarding an independent auditor’s communications with an audit committee concerning independence and non-audit services, and the Audit Committees discussed with Deloitte & Touche LLP that firm’s independence. 
 Based on the Audit Committees’ review and discussions described above, the Audit Committees recommended to the respective Boards and their delegates that the audited consolidated financial statements for PG&E Corporation and the Utility be included in the PG&E Corporation and Pacific Gas and Electric Company Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC.                                             
 Audit Committees of the Boards of Directors of PG&E Corporation and Pacific Gas and Electric Company                                                                                                                                                                                                                                                                                                                                                   |     |                      |     |                     |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------------|:----|:--------------------|
| Benjamin F. Wilson (Chair)                                                                                                                                                                                                                                                                                                                                                                                                                             
 Rajat Bahri                                                                                                                                                                                                                                                                                                                                                                                                                                            |     | Edward G. Cannizzaro 
 Leo P. Denault       |     | Arno L. Harris      
 Carlos M. Hernandez |

PG&E Corporation | Pacific Gas and Electric Company 2025