Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 63

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 63
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 2,654,476 |                                         |                     | 377,176 |

| 78|Portland General Electric |     | 2025 Proxy Statement |

#### Executive Compensation Tables
1. The amounts shown in the Involuntary Not for Cause Termination column consist of severance payments equal to 18 months of base salary and COBRA coverage for the CEO and 12 months of base salary and COBRA coverage for all other executives at December 31, 2024 salary levels, retirement eligible executives receive a prorated annual cash incentive (ACI), per the ACI plan document; for those not retirement eligible the lump sum also includes target annual cash incentive prorated to termination. The amounts shown in the Termination Following Change in Control column consist of 30 months of base salary plus target ACI plus COBRA coverage for the CEO, 24 months of base salary plus target ACI plus COBRA coverage for the CFO, executive vice and senior vice executives, and 18 months of base salary plus target ACI plus COBRA coverage for all other executives at December 31, 2024 salary levels, COBRA rates and target ACI award for 2024.

2. Amounts in the Voluntary Termination, Involuntary Not for Cause Termination and Death or Disability columns reflect the value at December 31, 2024 of PSUs granted in 2023 and 2024, assuming performance at 114.80% and 80.84% of target, respectively. The payout percentages for the PSU awards are based on forecasted results. The values reflect the NYSE closing price of the Company’s common stock on December 31, 2024 ($43.62). No amounts are shown for Mr. Trpik, Mr. Felton, Ms. Espinosa and Mr. McFarland in the Voluntary Termination or Involuntary Not for Cause columns because at December 31, 2024 these officers were not retirement-eligible or Rule of 75 eligible, as defined in the Pension Plan. See above under the heading “Vesting of PSUs and RSUs in Event of Death, Disability or Retirement” and "Vesting of PSUs and RSUs Based on “Rule of 75.”

3. Amounts in the Termination Following Change in Control column constitute the value at December 31, 2024 of PSUs granted in 2023 and 2024. These grants included provisions for accelerated vesting