Company: POR
Filing Date: 2025-07-25
Form Type: S-3ASR
Source: 0001140361-25-027327
Chunk: 30

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-07-25
Form: S-3ASR
Chunk 30
---
 otherwise provided in the applicable prospectus supplement) incurred in connection with the issuance and distribution of the securities being registered, other than underwriting discounts and commissions (if any). All of the amounts shown are estimates, except the SEC registration fee:

| Securities and Exchange Commission Registration Fee |     | $    * |
| Trustee and Transfer Agent Fees                     |     | **     |
| Rating Agency Fees                                  |     | **     |
| Printing and Engraving Fees and Expenses            |     | **     |
| Accounting Fees and Expenses                        |     | **     |
| Legal Fees and Expenses                             |     | **     |
| Miscellaneous                                       |     | **     |
| Total                                               |     | **     |

| * | Pursuant to Rules 456(b) and 457(r) under the Securities Act of 1933, as amended, the SEC registration fee will be paid at the time of any particular offering of securities under the registration statement, and is therefore not currently determinable. |

| ** | These fees are calculated based on the securities offered and the number of issuances and accordingly cannot be estimated at this time. |

| Item 15. | Indemnification of Directors and Officers. |

Section 60.394 of the Oregon Business Corporation Act provides that unless limited by its articles of incorporation, a corporation shall indemnify a director who was wholly successful, on the merits or otherwise, in the defense of any proceeding to which the director was a party because of being a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding. Section 60.407 of the Oregon Business Corporation Act provides that unless limited by its articles of incorporation an officer of the corporation is entitled to the same mandatory indemnification under Section 60.394 as a director. Our Articles of Incorporation do not limit the indemnification provided under Section 60.394 or Section 60.407 of the Oregon Business Corporation Act. Article VII of our Articles of Incorporation provides that, to the fullest extent permitted by law, no director of the Company shall be personally liable to the Company or its shareholders for monetary damages for conduct as a director. Section 60.391 of the Oregon Business Corporation Act authorizes a corporation to indemnify an individual made a party to a proceeding because the individual is or was a director against liability incurred in the proceeding if: (a) the conduct of the individual was in good faith; (b) the individual reasonably believed that the individual’s conduct was