Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 50

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 50
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 based on a number of factors, including the number of RSUs and PSUs that ultimately vest and the closing market price of our common stock on the vesting date. For RSUs, we calculate grant date fair value by multiplying the number of shares underlying the award by the NYSE closing price per share of our common stock on the grant date. For PSUs, we calculate grant date fair value by assuming the satisfaction of performance-based goals at the “target” level for all metrics other than TSR and multiplying the corresponding number of shares earned by the NYSE closing price per share of our common stock on the grant date. For the TSR portion of the PSUs, fair value is determined using a Monte Carlo simulation. See Note 14 to the Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2024 for additional details regarding the assumptions made in the valuations reflected in this column.

| 2025 Proxy Statement |     | Portland General Electric|67 |

#### Executive Compensation Tables
If the maximum number of shares issuable under the PSUs had been used to calculate the grant date fair value of the PSUs, the value of the PSUs and the aggregate grant-date fair value of all stock awards for 2024 would have been as follows:

| Name              |     | Maximum 2024 PSU Value 
 ($)                    |           |     | Maximum Total 2024 Stock Award Value 
 ($)                                  |           |
| Maria Pope        |     |                        | 6,522,156 |     |                                      | 7,870,333 |
| Joseph Trpik      |     |                        | 1,371,475 |     |                                      | 1,654,972 |
| Benjamin Felton   |     |                        | 1,716,838 |     |                                      | 2,071,731 |
| Angelica Espinosa |     |                        | 1,088,481 |     |                                      | 1,313,458 |
| John McFarland    |     |                        |   435,343 |     |                                      | 1,281,804 |

4. Amounts in the Non-Equity Incentive Plan Compensation column represent cash incentive awards earned under the Company's Annual Cash Incentive Plan (ACI Plan). The terms of the 2024 awards are discussed o n page 50 in the section entitled “Annual Cash Incentive Awards.”

5. Amounts in this column include the increase