Company: SREA
Filing Date: 2025-06-11
Form Type: 11-K
Source: 0001032208-25-000035
Chunk: 20

Company: SEMPRA
Filing Date: 2025-06-11
Form: 11-K
Chunk 20
---
 Matching Contributions — Each pay period, the Employer makes matching contributions to the Plan for all participants equal to 50% of each participant’s contribution, up to the first 6% of eligible pay, and an additional 0.2% for each 1% incremental increase to each participant’s contribution over 6%, up to 11% of eligible pay. Employer matching contributions can be made in Sempra common stock, cash or any combination thereof at the discretion of the Plan Sponsor. Employer matching contributions made in cash are subsequently invested into any of the Plan’s designated investments according to each participant’s investment election; Employer matching contributions made in Sempra common stock can be transferred, all or in part, into any of the Plan’s other designated investments at the election of the participant.

#### Participant Accounts
— A separate account is established and maintained in the name of each participant. Each participant’s account reflects the participant’s contributions, Employer matching contributions, the earnings and losses attributed to each investment, benefit distributions, and certain administrative expenses as described in Note 2. Participants are allocated a share of each fund’s investment earnings/losses, less investment fees, on a daily basis, based on their account balance.

#### Vesting
— Participant contributions are fully vested at all times. Vesting of Employer matching contributions in a participant’s account occurs upon the earliest of the date: they are credited with one year of vesting service; they attain the normal retirement age, which is the first day of the calendar month following the month of their 65 th birthday; or of their death while an employee of the Company. Additionally, Employer matching contributions in a participant’s account become fully vested upon the termination or discontinuation of the Plan.

#### Investment Options
— All investments are held in the Master Trust (see Note 4). Employees elect to have their contributions and Employer matching contributions made in cash invested in increments of 1% in various investment options. Available investment options as of December 31, 2024 included:

#### •

Sempra common stock through the Sempra Stock Fund;

• Mutual funds and common/collective trusts including those offered by TRP, Pacific Investment Management Company LLC, SSGA, and The Vanguard Group, Inc.;

• Custom investment funds (see below) offered through TRP and Northern Trust Company; and

• A broad range of investments through an SDBA. The Plan allows participants to invest a maximum of 50% of the entire value of their Plan account in their SDBA. The S