Company: POR
Filing Date: 2025-03-05
Form Type: DEF 14A
Source: 0000784977-25-000055
Chunk: 41

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-03-05
Form: DEF 14A
Chunk 41
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 more fully in this Proxy Statement under the heading “Long-Term Incentive Awards.”

#### Off-Cycle Compensation
| Name                 |     | Award Value at Grant 
               ($)(1) |           |
| Joseph Trpik(2)      |     |                      | 1,150,000 |
| Benjamin Felton(3)   |     |            1.450,000 |           |
| Angelica Espinosa(4) |     |                      |   200,000 |
| John McFarland(5)    |     |                      |   750,000 |

1. Based on the closing stock price of the Company’s common stock on the grant date for the awards.

2. On June 30, 2023, the independent directors granted Mr. Trpik an inducement award of time-based restricted stock units as part of his employment offer. The award had a grant date value of $1,150,000, of which $400,000 of the granted value vested immediately, $400,000 vested on July 31, 2024, and the remaining $350,000 will vest on July 31, 2025.

3. On April 15, 2023, the independent directors granted Mr. Felton an inducement award of time-based restricted stock units as part of his employment offer. The award had a grant date value of $1,450,000, of which $150,000 of the granted value vested immediately, $650,000 vested on April 15, 2024, and the remaining $650,000 will vest on April 15, 2025.

4. On February 11, 2022, the independent directors granted Ms. Espinosa an award of time-based restricted stock units in recognition of her promotion to General Counsel. The award had a grant date value of $200,000 and vested in full on February 14, 2024.

5. On July 1, 2024, the independent directors granted Mr. McFarland an inducement award of time-based restricted stock units as part of his employment offer. The award had a grant date value of $750,000, of which $250,000 of the granted value vested on February 14, 2025, $250,000 will vest on February 13, 2026 and the remaining $250,000 will vest on February 12, 2027.

### BENEFITS PL