Company: SREA
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001140361-25-010983
Chunk: 66

Company: SEMPRA
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 66
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 vs. 
 S&P 500 Utilities Index Peers                |     | Sempra Common Stock Shares Received for 
           Each Restricted Stock Unit(1) |
| 90thPercentile or higher (Maximum)           |     |                                     2.0 |
| 75thPercentile                               |     |                                     1.5 |
| 50thPercentile (Target)                      |     |                                     1.0 |
| 25thPercentile (Threshold)                   |     |                                    0.25 |
| Below 25thPercentile                         |     |                                     0.0 |

Table 16

| (1) | Participants also receive additional shares for dividend equivalents, which are reinvested to purchase additional units that become subject to the same vesting conditions as the restricted stock units to which the dividends relate. |

Note: If performance falls between the tiers shown in Table 16, the payout is calculated using linear interpolation. For purposes of these awards, which will be paid out based on adjusted EPS performance for the three-year period beginning January 1, 2024 and ending December 31, 2026, the calculation of adjusted EPS may exclude unusual items, non-operating items, or other items at the discretion of the Compensation and Talent Development Committee.

| 2025 Proxy Statement |     | 57 |

TABLE OF CONTENTS Executive Compensation

Results for the 2022-2024 Award Cycle The performance period of our 2022-2024 award cycle concluded on January 2, 2025 (for the TSR-based awards, which collectively were weighted at one-third of the award value) and December 31, 2024 (for the EPS growth-based awards, which were weighted at one-third of the award value). Our 2022-2024 relative total shareholder return was at the 86.6 thpercentile of the S&P 500 Utilities Index, resulting in vesting at 191.5% of target for the S&P 500 Utilities Index-based award component. Our relative total shareholder return was at the 77.8 thpercentile of the S&P 500 Index, resulting in vesting at 169.5% of target for the S&P 500 Index-based award component. The 2022-2024 awards based on EPS growth vested at 200% of target based on an EPS CAGR (as adjusted for LTIP purposes) of 9.4%. Table 17 below shows the predefined adjustments to GAAP EPS used