Company: SREA
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001140361-25-010983
Chunk: 31

Company: SEMPRA
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 31
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 retirement or other separation from the board. Following the director’s retirement or other separation from the board, the current market value of the shares credited to the director’s account (together with related reinvested dividend equivalents) is paid to the director in cash. Directors also received initial or annual equity awards, which are described below. In our 2024 director compensation program, any newly appointed non-employee director would have received an initial equity award having a market value of $125,000 and vesting (together with related reinvested dividend equivalents) on the first anniversary of the grant date. Thereafter, at each annual shareholders meeting (other than any annual meeting that is immediately following and in the same calendar year as the director’s initial appointment to the board), each non-employee director who continues to serve as a director receives an annual equity award having a market value of $125,000 that vests (together with related reinvested dividend equivalents) on the date of the next annual shareholders meeting. Directors could elect to receive the initial and annual equity awards in the form of restricted stock units or phantom shares of our common stock. Unvested restricted stock units or phantom shares of our common stock immediately vest if the director’s service on the board terminates by reason of death, disability or removal without cause. Upon any other termination event, all unvested restricted stock units or phantom shares are forfeited.

| 20 |     | 2025 Proxy Statement |

TABLE OF CONTENTS Corporate Governance

Director Compensation Table We summarize below the 2024 compensation of our non-employee directors who served on our board during the year. Ms. Weaving and Mr. Sagara, who were first appointed to our board after the end of the 2024 calendar year, did not receive compensation in 2024 for their service on the board and are not included in this table.

| Name                |     | Fees Earned or 
   Paid in Cash |     | Stock Awards(B) |     |        Change in 
    Pension Value 
 and Nonqualified 
         Deferred 
     Compensation 
      Earnings(C) |     |       All Other 
 Compensation(D) |     |    Total |
| Andrés Conesa       |     |       $160,000 |     |        $175,071 |     |           $4,454 |     |               — |     | $339,525 |
| Pablo A. Ferrero    |     |       $137,582 |     |        $175,071 |