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White House Climate Advisor Recognizes Sempra’s Safety and Climate Advancements

Sempra’s commitment to climate resilience and innovation was commended last week when Gina McCarthy, the White House National Climate Advisor, toured San Diego Gas & Electric Company’s (SDG&E) Emergency Operations Center (EOC). Advisor McCarthy, along with Representative Scott Peters, D-San Diego, and Representative Mike Levin, D-San Juan Capistrano, received an update from Sempra and SDG&E leaders on their latest fire science and climate adaptation advancements. Driving Resilient Operations Sempra’s family of companies’ commitment to climate resilience, as well as its focus on safety, innovation and people, was lauded throughout the tour. Advisor McCarthy noted that with a 40-year tenure of government service she has seen many such facilities, but SDG&E’s is among the best she’s visited. “I’m extremely excited about what I’ve seen,” she said. She also recognized that the company’s innovative approaches to advance climate resilience show courage, leadership, innovation, and creativity exemplifying the types of investments the administration seeks to advance. “These are all adaptations to our climate crisis that everyone should take a look at and start emulating,” Advisor McCarthy said. Representatives Levin and Peters said wildfire mitigation model should be considered in establishing a national standard, especially given its innovative new methods of wildfire mitigation and detection. Representative Levin said that what SDG&E is doing to help mitigate fires “ought to be done everywhere.” The SDG&E teams welcome Gina McCarthy, White House National Climate Advisor, Representative Scott Peters, and Representative Mike Levin SDG&E, a Sempra operating company, has a long commitment to strengthening the region against a dynamic climate that has amplified high fire-threat conditions in recent years. SDG&E’s recent wildfire mitigation innovations for 2021 include the following, among other measures: A mobile power station with a 500kW set of lithium-ion batteries to help support the needs of customers impacted by a public safety power shutoffs (PSPS). A new private communications network under development to support advanced protection systems, like falling conductor protection and high-speed relays, and enable more efficient system communications. Enhanced infrastructure hardening with more than 150 miles of overhead lines planned to be hardened in 2021. Additionally, 25 miles of lines are planned to be strategically undergrounded to help keep communities and critical customers energized during a power shutoff. A virtual reality training program to help field workers run through different scenarios and learn how to quickly identify and efficiently respond to issues they may encounter in the field, including addressing potential wildfire risks. An updated weather network that will become the first in the state to include cameras that measure chlorophyll in vegetation and sensors that measure moisture content in the brush. The network is also expected to leverage satellites’ latest remote sensing capabilities to detect, alert, and monitor wildfire activity from space. Expansion of SDG&E’s generator program. Medical Baseline customers who experienced a PSPS in 2020 have received or are being offered a portable renewable generator for future energy needs. Customers in the areas at greatest risk for wildfire have also been offered additional generator rebates. An expanded community partnership network with 2-1-1 San Diego and 2-1-1 Orange County, the American Red Cross, and the Inter-Tribal Long Term Recovery Foundation to disseminate critical wildfire preparedness information and helpful customer resources during a PSPS. Advancing the Energy Transition Each of Sempra’s operating companies is advancing the energy transition through energy infrastructure that enables the delivery of lower-carbon energy sources with an increasing focus on climate resilience. Representative Peters, a member of the U.S. House Energy and Commerce Committee, praised SDG&E for being a progressive utility, including the fact that it is delivering about 40% of its power from renewable sources. SDG&E is also furthering the energy transition through its electric vehicle (EV) infrastructure. There are approximately 60,000 EVs and 7,500 EV charging stations in SDG&E’s territory. Advisor McCarthy noted that natural gas is expected to continue playing a role in the energy transition alongside renewable energy. Sempra’s natural gas infrastructure supports renewables by providing the flexibility for intermittent wind and solar resources to be seamlessly added to the grid without service interruptions to customers. Southern California Gas Co., another Sempra operating company, is working to utilize its existing infrastructure to advance hydrogen technology and has a goal of replacing 20% of the traditional natural gas delivered to its core customers with renewable natural gas by 2030. On a global scale, through the Cameron LNG export facility, Sempra is playing a critical role in transitioning growing economies to reliable suppliers of natural gas in place of higher-carbon fuel sources, such as biomass, fuel oil and coal. From innovations at Sempra’s California utilities to LNG infrastructure on the Gulf Coast, Sempra is committed to innovating and building critical energy infrastructure that is designed to be climate resilient and will support the needs of customers. Its operating companies are demonstrating that Sempra is making the critical infrastructure investments today in an effort to support the net-zero energy systems of tomorrow, and the work is bolstered by collaboration with government partners who share the same commitment.

Houston: The Ideal Home for Our Center of Excellence

Sempra has had a long-standing presence in Texas, and our commitment to the state has only accelerated. As we continue our growth, we are working to meet growing global energy demand while helping to shape a lower-carbon future for all. Today, we celebrate Texas’s energy leadership by investing in our growing team at our Houston Center of Excellence. A Central Location Opening the doors to our new regional headquarters has helped fuel our energy behind Texas. Renowned as one of the energy capitals of the world, Houston is a fitting home for our Center of Excellence and an attractive location for recruiting and retaining top talent in the area. Situated near Memorial Park, the city’s largest urban wilderness and recreational park, employees can enjoy one of Houston’s most iconic areas all while showcasing our company’s focus on innovation, technology and leadership. Living Our Values in Texas Sempra is building the energy networks of the future, today, and delivering on our core values — doing the right thing, championing people and shaping the future — which are foundational to how we drive our business forward. Houston is rich with opportunities where we can collaborate with area organizations like the Greater Houston Partnership and its high-impact, mission-driven work to accelerate global solutions for a lower-carbon future while also caring for the communities in which we live and work. In times of disaster, we have responded by bolstering local organizations such as the Houston Food Bank, one of many local nonprofits we support and that are meeting the needs of Houstonians and helping the community to thrive. We are also working to accelerate the adoption of next generation energy technologies that have the potential to expand the global reach of lower carbon energy, like Texas natural gas, while reducing emissions both here at home and around the world. Day in and day out, we look for opportunities to champion people and Houston is exceptional in helping us realize our full potential in Texas. Among the organizations we are championing, the Greater Houston Black Chamber and the Houston Area Urban League are helping to create new opportunities for minority owned business to thrive and helping to advance leadership development, mentoring and equal opportunity in underserved communities. More Texas Updates We have great confidence in Texas and its role as a leader of the future of energy as we elevate our mission to become North America’s premier energy infrastructure company.

Sempra Launches Cash Tender Offer For Remaining Publicly Held Shares Of IEnova

SAN DIEGO, Aug. 12, 2021 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that it has launched a tender offer to purchase for cash the 3.6% of the outstanding shares of IEnova ( Infraestructura Energética Nova, S.A.B de C.V.) that are not owned by Sempra. This cash tender offer follows Sempra's completed exchange offer for IEnova's then publicly held shares, which closed on May 28, 2021, and increased Sempra's ownership of IEnova's shares from 70.2% to 96.4%. As a result of the exchange offer, Sempra's common stock is now listed on both the New York Stock Exchange and the Mexican Stock Exchange ( Bolsa Mexicana de Valores, S.A.B de C.V.) (the "BMV"), and IEnova's shareholders have approved the delisting of IEnova's shares from the BMV following completion of the cash tender offer launched today. In the cash tender offer, Sempra is offering to purchase each outstanding IEnova share it does not own, totaling 52,227,526 shares, for 78.97 Mexican pesos per share. The price per share is calculated in accordance with Mexican law and equals the volume-weighted average price at which the IEnova shares have traded during the 30-trading day period ending on the day immediately preceding today's launch of the cash tender offer. If all publicly held IEnova shares are validly tendered into and not withdrawn from the cash tender offer, the aggregate purchase price for all such shares would be 4,124 million Mexican pesos. The cash tender offer is being made pursuant to an Offering Memorandum, dated Aug. 12, 2021 (the "Offering Memorandum"), which sets forth the full terms and conditions of the cash tender offer. The cash tender offer is expected to expire at 3 p.m. ET (New York City Time) or 2 p.m. CT (Mexico City Time) on Sept. 10, 2021, unless the offer period is extended as described in the Offering Memorandum. Any validly tendered IEnova shares may be withdrawn from the cash tender offer on or prior to 3 p.m. ET (New York City Time) or 2 p.m. CT (Mexico City Time) on the second business day prior to the expiration of the offer period, which will be Sept. 8, 2021, unless the offer period is extended. The settlement of the purchase and sale of all validly tendered (and not withdrawn) IEnova shares is expected to occur four business days after the expiration of the offer period, which will be Sept. 17, 2021, unless the offer period is extended. The cash tender offer is subject to the satisfaction or waiver of certain conditions as described in the Offering Memorandum, but is not conditioned on any minimum number of IEnova shares being tendered. In accordance with Mexican law, in the event the Mexican National Banking and Securities Commission ( Comisión Nacional Bancaria y de Valores) (the "CNBV") and the BMV approve the delisting of the IEnova shares from the BMV after completion of the cash tender offer, Sempra will maintain a trust, for at least six months after the delisting of the IEnova shares, with sufficient funds to acquire any publicly held IEnova shares not acquired in the cash tender offer for the purpose of purchasing such remaining publicly held IEnova shares at the same price per share that is being offered in the cash tender offer. The Offering Memorandum for the cash tender offer is available free of charge at the CNBV's website at www.gob.mx/cnbv, and at Sempra's website at sempra.com/ienovaoffer. The Offering Memorandum may also be obtained free of charge by directing a written request to Sempra, Attn: Investor Relations, at 488 8th Avenue, San Diego, California 92101. Questions about the cash tender offer may be directed to any of the following representatives of Casa de Bolsa BBVA Bancomer, S.A. de C.V., Grupo Financiero BBVA Bancomer, which is acting as the information agent and intermediary in the cash tender offer: Arturo Medina, +52 55 1807 4850, josearturo.medina@bbva.com; or Carlos Pacheco, +52 55 5057 6633, carlosjavier.pacheco@bbva.com, or questions may be directed to the following Sempra contacts: Nelly Molina, (619) 696-2005, NMolina@sempra.com; or Lindsay Gartner, (619) 696-2461, L2Gartner@sempra.com. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billion in total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North America serving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the "World's Most Admired Companies" for 2021 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at www.sempra.com and on Twitter @ SempraEnergy. About IEnova IEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2020, the company has more than 1,400 employees and approximately $10.5 billion in total assets, making it one of the largest private energy companies in the country. ### Additional Information and Where to Find It The cash tender offer has been submitted to public shareholders of IEnova for their consideration. The terms and conditions of the cash tender offer are described in the Offering Memorandum, which has been filed with and approved by the CNBV, and the cash tender offer is made only pursuant to and in accordance with the terms set forth in the Offering Memorandum. IEnova shareholders are urged to read the Offering Memorandum carefully and in its entirety, along with any other relevant documents or materials filed or to be filed with the CNBV in connection with the cash tender offer or referred to therein, because they contain important information about the cash tender offer and the parties thereto. Neither this press release nor the information contained herein shall constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer, solicitation, or sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. None of Sempra, its board of directors, the intermediary and information agent, or any of Sempra's affiliates, makes any recommendation as to whether holders of IEnova shares should tender their shares in the cash tender offer. As required under applicable Mexican law, IEnova's board of directors, after considering the recommendation of its Corporate Practices Committee, is expected to prepare and issue an opinion on the purchase price being offered for each IEnova share in the cash tender offer, no later than ten business days after today's launch of the cash tender offer. The recommendation of IEnova's Corporate Practices Committee and the opinion of IEnova's board of directors are expected to be limited to a determination of whether the purchase price per share complies with the minimum parameters set forth in applicable Mexican law. Forward-Looking Statements This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. Forward-looking statements in this press release include any statements regarding the ability to complete the proposed transactions described herein on the anticipated timeline or at all, the anticipated benefits of these transactions if completed, the projected impact of these transactions on Sempra's performance or opportunities, and any other statements regarding Sempra's expectations, beliefs, plans, objectives or prospects or future performance or financial condition as a result of or in connection with these transactions. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: the timing of the proposed transactions described herein; the ability to satisfy the conditions to closing these transactions; the ability to obtain regulatory approvals necessary to complete these transactions; the ability to achieve the anticipated benefits of these transactions; the effect of this communication on Sempra's or IEnova's stock prices; transaction costs; the diversion of management time on transaction-related issues; the effects on these transactions of industry, market, economic, political or regulatory conditions outside of Sempra's control; the effects on these transactions of disruptions to Sempra's or IEnova's respective businesses; California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid or limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; cybersecurity threats to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra

SoCalGas Raises Giant Shovel at Angel Stadium of Anaheim to Remind Southern Californians to Contact 811 Before Digging

LOS ANGELES, Aug. 11, 2021 /PRNewswire/ -- In recognition of National 811 Safe Digging Day – a national event focused on promoting safe digging practices at the home or worksite – Southern California Gas Co. (SoCalGas) raised a 30-foot-tall replica shovel at Angel Stadium of Anaheim. The hoisting of the shovel kicked off a month-long marketing campaign to promote safe digging practices and educate Southern California residents about the importance of contacting 811 to have buried utilities lines properly marked prior to the start of any excavation project. In addition to hoisting the shovel, SoCalGas is partnering with the Los Angeles Angels of Anaheim for a week-long education campaign that includes radio spots, in-stadium marketing, featuring digital ads and video and the opportunity for one lucky fan to win $811 on National 811 Day. In addition, now through August 22 nd, SoCalGas will take over Union Station and the 7 th and Metro Center in Downtown Los Angeles with train wraps and prominent advertisements placed throughout each station. "As we take the next big step on our journey to achieve net zero emissions in our operations by 2045, we are setting aggressive targets to reduce methane emissions from our maintenance activities while continuing to keep the communities we serve safe," said Gina Orozco, vice president of gas engineering and system integrity. "People often don't think about it, but pipelines can be located anywhere—under streets, sidewalks and private property. When folks dial 811 before digging, the utilities have the chance to mark their buried lines, which can prevent dig-in incidents. This easy call and complimentary service not only benefits public safety but can also reduce potential methane emissions." To help this issue, State Senator Maria Elena Durazo (D- Los Angeles) authored Senate Bill 297 (SB 297) – the Wade Kilpatrick Gas Safety Act, which is expected to reach the governor's desk later this month. If signed, the bill will serve as model legislation that prioritizes gas pipeline and subsurface installation safety by prescribing new civil penalties for excavators who knowingly damage gas infrastructure and fail to follow the proper safety protocols. SB 297 would also improve education and outreach to make more contractors, excavators, and the public more aware of utility lines and other infrastructure buried beneath streets, sidewalks and other spaces. "Dig-ins represent a common and preventable problem with significant safety and environmental impacts. My legislation, SB 297, is a common-sense solution that prioritizes safety, reliability and sustainability while prescribing new penalties to discourage contractors and others from damaging gas and other infrastructure," said State Senator Maria Elena Durazo. "SB 297 will add additional measures to prevent repeat offenders from negligently hitting buried gas lines which will result in fewer instances of vented methane, and most importantly help keep our workers and communities safer. That's what the Wade Kilpatrick Gas Safety Act is for, and Wade Kilpatrick, his family, and all of his Union brothers and sisters are who it is for," said Eric Hofmann, president of the UWUA Local 132 AFL-CIO. Last year, more than 2,600 cases of accidental damage occurred from digging into SoCalGas' gas lines throughout its 24,000-mile service territory. That's more than seven dig-ins every day on average. Those accidents can lead to significant safety hazards and emissions. Across SoCalGas' service territory, about 60% of pipeline damage due to digging is caused by homeowners, contractors, and excavators who did not contact 811 before digging. SoCalGas encourages customers to take the following steps when planning any digging project: Mark out your proposed excavation area in white (paint, chalk, flour or other suitable materials). Contact Underground Service Alert at 811 to submit a location request online or dial 8-1-1 at least two business days before digging. Wait until a SoCalGas technician has marked our natural gas lines, indicating pipe material and diameter, or let you know that the area is clear. Remember that SoCalGas only uses yellow paint, flags or stakes to mark the location of natural gas pipes. Use only hand tools to dig within 24 inches of a marked utility line to carefully expose the exact locations before using any power excavation equipment in the area. Report all pipe damage, regardless of how small or how big it may be. Remember, no damage is too small to report. Contact us immediately at 1-800-427-2200. If you've hired a contractor, make sure the contractor contacts 811 to have our natural gas lines marked. For more information on safety and 811, visit: https://www.socalgas.com/stay-safe/safety-and-prevention. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20% of its traditional natural gas supply to core customers with RNG by 2030. RNG is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. Over the past five years, the company invested nearly $7.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Co.

Mitch Mitchell Q&A: Building a Culture of Belonging

Mitch Mitchell recently joined Sempra’s senior leadership team as senior vice president of diversity and community partnerships. In his new role, Mitchell will dedicate his time to advancing the company’s high-performance culture by leading a collective effort to enhance diversity and inclusion (D&I) within Sempra, its family of companies and in the communities it serves. Previously, Mitchell served as vice president of state governmental affairs and external affairs for San Diego Gas & Electric ( SDG&E) and Southern California Gas Company ( SoCalGas), Sempra’s regulated California utilities. Outside of Sempra, Mitchell maintains his dedication to giving back and driving positive change. He currently serves on the Foundation board of trustees for Children’s Hospital Los Angeles. He also sits on the board of directors for Sharp Healthcare, San Diego Museum of Art, Voice of San Diego and the Partnership for a Better San Diego. With a passion in helping underserved communities, Mitchell is a member of the Jacobs & Cushman Food Bank Advisory Board, the Lucky Duck Foundation board focused on homelessness, the board of commissioners for the San Diego Housing Commission and previously was a governor’s appointee to the California Little Hoover Commission. Learn more about Mitch Mitchell and his new role furthering Sempra’s high-performance culture in this Q&A: Tell us about yourself. What are you passionate about and what are your hobbies outside of work? I strongly believe what has shaped the person I am today is the interesting mix of experiences I’ve encountered over the years. These experiences span across the labor, nonprofit, business, and government sectors, and have given me a variety of perspectives that enables me to see opportunities and issues through multiple lenses. Outside of work, you can often find me at a coffee or restaurant spot somewhere along Highway 101 in San Diego’s North County or enjoying the mountain air of Idyllwild. I’m a big fan of long walks and trying good coffee, and I can often be found in a locally owned coffee shop enjoying the aroma and environment. These days, with my 19- and 21-year-old children off at college and with a less rigorous travel schedule, I do find more time to read for leisure, meditate, and relax, and that’s something I really value. Recently, you were appointed as Sempra’s first-ever senior vice president of diversity and community partnerships. What are your main objectives as you take on this role? Sempra has been a vocal and consistent leader in our industry related to diversity, and in my new role, I couldn’t be more excited to help build an even more inclusive and high-performing culture for all our employees to experience and embrace. My main objective is to help foster an environment where all employees feel a sincere sense of belonging and connection to their work, to Sempra’s mission and values, and to each other. Knowing that this area is multifaceted, everyone involved in the D&I effort wants to find out more about what our employees want to learn, what’s important to them about enhancing our culture, and to understand the questions they have about D&I. I think that’s going to be the exciting part — connecting with employees throughout the Sempra family of companies and learning more about how we, as employees and colleagues individually and collectively, can embrace these conversations and make them a part of our everyday environment. I want these conversations to be driven by a shared, relentless and persistent commitment to how we can deliver greater performance for all our stakeholders as individuals, colleagues, teams, and as a company. I want our culture to be driven daily by our sense of belonging and connection, instead of being driven by high-profile media events. I would like discussions around D&I to be a visible, daily part of our work at Sempra, and our hope is that people embrace our efforts to help shape and enhance our culture. Embracing diverse backgrounds and perspectives and promoting an inclusive environment are integral parts of Sempra’s high-performance culture. What is Sempra already doing to advance diversity and inclusion in the workplace and community? We are starting off with a strong foundation. Our Local Diversity and Inclusion Councils (LDICs), Community Conversations, Supplier Diversity programs, and thoughtful employee development are some examples of current practices that we will be building on, with a focus on integrating these efforts in unique ways. I want to sincerely highlight an aspect of our culture that has truly made a difference by commending the efforts of Sempra’s LDICs across our family of companies. They focus on inclusion and education and have been fantastic ambassadors for our culture. Soon, we’ll be launching a new effort through our employee resource groups (ERGs) that will play an integral part in our company-wide conversations about race, inclusion and belonging. I also want to acknowledge our procurement practices at our utilities because they are top-tier and exemplary for several sectors. They are doing exactly what we promised we would do: creating new opportunities for businesses owned by a growing number of talented, diverse entrepreneurs who are also helping build a new high-performing, diverse workforce while providing excellent services to our utilities. An example of the procurement teams’ good work is highlighted in the fact that in 2020, both our California utilities purchased more than 40% of goods and services from diverse suppliers, marking the eighth consecutive year that supplier diversity exceeded the California Public Utility Commission’s goal of 21.5%. One specific thing that has helped us foster greater connection among our employees has been our series of Community Conversations. While working remotely due to the pandemic, we leveraged video platforms as a setting for these conversations, enabling us to communicate, collaborate and come closer together while having to remain physically apart. We recently had a Community Conversation focused on the rise in violence against the Asian and Pacific Islander communities with 1,100 employees watching, participating, and learning — a testament to the enthusiasm and interest of Sempra’s employee culture. What these Community Conversations revealed to us is that there are D&I-related questions that people are sometimes hesitant to ask. By attending a Community Conversation, other employees might ask a question that others have had on their mind, and at that moment the question creates a safe space for dialogue on key topics, leaving participants with new knowledge and potentially a new perspective. This is an example of what strong cultures can contribute and cultivate within a workplace. What can we learn from other colleagues and what is the first step in supporting one another? One of my favorite quotes, which I reference often, is from Martin Luther King Jr. who said, “People fail to get along because they fear each other. They fear each other because they don’t know each other; they don’t know each other because they have not communicated with each other.” We live in a society where you can work with someone for 20 years and not really know them. One simple way for our culture to continue improving is to truly make an effort to get to know one another. This could happen by learning more about another person’s cultures, traditions, customs, or activities embraced within various ethnic communities. It also could be as easy as learning more about a colleague’s family or hobbies. This knowledge can create understanding, and that understanding can help foster a sense of belonging and connection. It will be extremely important to continue promoting positive conversations on the topic of D&I and creating a sense of belonging at Sempra. When you have a culture where people feel included and a sense of belonging, you will indeed have a high-performing work culture that connects people, is impactful, and creates meaningful outcomes every single day. The need for diversity and inclusion isn’t just about being in a meeting and giving everyone a chance to weigh in on an issue. It is about embracing the understanding that listening to multiple perspectives allows the situation to be viewed through the various lenses possessed by the people who make up our diverse family of employees and colleagues. High-performing cultures benefit when people feel like they have a chance to be heard and they sincerely feel like they belong.

Sempra Launches Sustainable Financing Framework Aligned With Company's ESG Initiatives

SAN DIEGO, Aug. 5, 2021 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today published its Sustainable Financing Framework, outlining its criteria and other parameters for any issuances by Sempra, San Diego Gas & Electric Co. (SDG&E) or Southern California Gas Co. (SoCalGas) of sustainable financing instruments, including its intent to allocate net proceeds to finance projects aligned with the company's environmental, social and governance (ESG) strategy and as specifically described in the framework. Eligible projects include investments in the following categories: clean transportation, climate change adaptation, energy efficiency, clean energy solutions, green buildings, pollution prevention and control, and socio-economic advancement and empowerment. "At Sempra, we are excited about our role in advancing clean, safe and resilient energy systems for today, and for the future," said Lisa Alexander, senior vice president of corporate affairs and chief sustainability officer for Sempra. "Across our companies, we are working to capture new opportunities to grow our transmission and distribution business for the betterment of all our stakeholders, with a focus on investments in safety, as well as decarbonization, diversification and digitalization of our energy systems. Our new Sustainable Financing Framework furthers our commitment to meet the evolving needs of our investors, customers and communities." Sempra received a second-party opinion from Vigeo Eris (V.E), an independent global provider of ESG research and ratings, for its Sustainable Financing Framework highlighting that it is in alignment with the four components of the 2021 Green Bond Principles and the 2021 Social Bond Principles. Shaping a Net-Zero FutureThe launch of Sempra's Sustainable Financing Framework builds upon the company's commitment to creating long-term, sustainable value for shareholders and other stakeholders. Sempra is advancing the energy transition by enabling the delivery of lower-carbon energy in every market it serves. For two decades, Sempra has been on a sustained path to decarbonize its business operations and the markets it serves with a goal of transitioning to net-zero greenhouse gas (GHG) emissions. Earlier this year, Sempra set a target to reach net-zero GHG emissions across all three scopes by 2050, with an interim target of 50% reduction in its California utilities and Mexico (non-LNG) scopes 1 and 2 emissions by 2030, compared to a 2019 baseline. Sempra's California utilities, SDG&E and SoCalGas, have also set individual net-zero goals across all three scopes in line with California's goal to be net-zero economy-wide by 2045. Sempra and its family of companies also have critical goals towards achieving world-class safety, driving resilient operations and championing people. View the 2020 Sustainability Report for more information about the company's goals, key performance indicators and progress. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billion in total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North America serving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the "World's Most Admired Companies" for 2021 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at www.sempra.com and on Twitter @SempraEnergy. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid or limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals, and the execution of our operations; cybersecurity threats to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. None of the website references in this press release are active hyperlinks, and the information contained on, or that can be accessed through, any such website is not, and shall not be deemed to be, part of this document. SOURCE Sempra

Sempra Reports Second-Quarter 2021 Earnings Results

SAN DIEGO, Aug. 5, 2021 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced second-quarter 2021 earnings of $424 million, or $1.37 per diluted share, compared to second-quarter 2020 earnings of $2.239 billion, or $7.61 per diluted share. On an adjusted basis, the company's second-quarter 2021 earnings were $504 million, or $1.63 per diluted share, compared to $501 million, or $1.71 per diluted share, in the second quarter of 2020. "Our simplified business model and narrowed strategic focus to growing markets continue to provide strong support for our financial and operational results," said Trevor Mihalik, executive vice president and chief financial officer of Sempra. "We are pleased with our solid year-to-date financial results." Sempra's earnings for the first six months of 2021 were $1.298 billion, or $4.24 per diluted share, compared with earnings of $2.999 billion, or $9.91 per diluted share, in the first six months of 2020. Adjusted earnings for the first six months of 2021 were $1.404 billion, or $4.58 per diluted share, compared to $1.242 billion, or $4.20 per diluted share, in the first six months of 2020. The reported financial results reflect certain significant items as described on an after-tax basis in the following table of GAAP (generally accepted accounting principles in the United States of America) earnings, reconciled to adjusted earnings, for the second quarter and first six months of 2021 and 2020. Three months ended Six months ended June 30, June 30, (Dollars, except EPS, and shares in millions) 2021 2020 2021 2020 (Unaudited) GAAP Earnings $ 424 $ 2,239 $ 1,298 $ 2,999 Impact from Foreign Currency and Inflation and Associated Undesignated Derivatives 1 72 21 69 (129) Net Unrealized Losses (Gains) on Commodity Derivatives 1 58 (5) 87 (46) Impacts Associated with Aliso Canyon Litigation - - - 72 Gain on Sale of South American Businesses - (1,754) - (1,754) (Earnings) Losses from Investment in RBS Sempra Commodities LLP (50) - (50) 100 Adjusted Earnings 2 $ 504 $ 501 $ 1,404 $ 1,242 Diluted Weighted-Average Common Shares Outstanding 309 294 306 308 GAAP EPS 3 $ 1.37 $ 7.61 $ 4.24 $ 9.91 Diluted Weighted-Average Common Shares Outstanding 4 309 294 311 308 Adjusted EPS 2,3,5 $ 1.63 $ 1.71 $ 4.58 $ 4.20 1) Q2-2020 and YTD-2020 Adjusted Earnings and Adjusted Earnings per Common Share (EPS) have been updated to exclude this item to conform to current year presentation. 2) Represents a non-GAAP financial measure. See Table A for information regarding non-GAAP financial measures and descriptions of adjustments. 3) To calculate YTD-2020 GAAP EPS and Adjusted EPS, preferred dividends of $52 million are added back to GAAP Earnings because of the dilutive effect of Series A mandatory convertible preferred stock. 4) YTD-2020 diluted weighted-average common shares outstanding has been updated for the exclusion of additional items to conform to current year presentation. 5) To calculate YTD-2021 Adjusted EPS, preferred dividends of $19 million are added back to Adjusted Earnings because of the dilutive effect of Series B mandatory convertible preferred stock. Prioritizing Safety and Sustainability at Sempra California In July, San Diego Gas & Electric Co. (SDG&E) received approval from the California Public Utilities Commission (CPUC) for its 2021 Wildfire Mitigation Plan Update, building upon the utility's long-standing commitment to advancing fire hardening and public safety. Additionally, Southern California Gas Co. (SoCalGas) began renewable natural gas (RNG) flows at two additional biomethane projects in support of its goal to deliver 20% RNG to its core customers by 2030. Continuing Growth at Sempra Texas In Texas, Oncor Electric Delivery Company LLC (Oncor) has announced its projected five-year capital plan for 2022-2026 of $14 billion, a $1.8 billion increase compared to the 2021-2025 capital plan. The increase is driven by the need for investments to support strong premise growth, growth in generation interconnection requests and grid resiliency. Prospects for new relocations, expansions and electric service to Oncor's system are expected to exceed 2020 values by 70% and 2019 values by 170%. So far this year, Oncor has connected approximately 43,000 new premises – greater than the total connections seen at this same time last year, highlighting the underlying strength of economic and demographic growth in the region. Advancing Sempra Infrastructure In May, Sempra announced the completion of its exchange offer to acquire the outstanding shares of Infraestructura Energética Nova, S.A.B de C.V. (IEnova) not owned by Sempra, resulting in 96.4% ownership. Sempra intends to launch a cash tender offer to acquire the remaining 3.6% interest. Sempra also continues to advance the sale of a non-controlling, 20% interest in Sempra Infrastructure to KKR for $3.37 billion in cash, subject to adjustments. The sale is expected to close around the end of the third quarter of 2021. Sempra Infrastructure is expected to generate increased shareholder value by consolidating Sempra's infrastructure businesses under one common growth platform with a value proposition focused on investment opportunities in clean power, liquefied natural gas (LNG) and net-zero solutions, and energy networks. Additionally, in July, IEnova began commercial operations at its Mexico City storage terminal. Earnings Guidance Sempra is updating its full-year 2021 GAAP EPS guidance range to $7.41 to $8.01 and affirming its full-year 2021 adjusted EPS guidance range of $7.75 to $8.35. Sempra is also affirming its full-year 2022 EPS guidance range of $8.10 to $8.70. Non-GAAP Financial Measures Non-GAAP financial measures include Sempra's adjusted earnings, adjusted EPS and adjusted EPS guidance range. See Table A for additional information regarding these non-GAAP financial measures. Internet Broadcast Sempra will broadcast a live discussion of its earnings results over the Internet today at 12 p.m. ET with senior management of the company. Access is available by logging onto the website at www.sempra.com. For those unable to log on to the live webcast, the teleconference will be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 1398783. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billion in total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North America serving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the "World's Most Admired Companies" for 2021 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at www.sempra.com and on Twitter @SempraEnergy. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid or limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals, and the execution of our operations; cybersecurity threats to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. None of the website references in this press release are active hyperlinks, and the information contained on, or that can be accessed through, any such website is not, and shall not be deemed to be, part of this document. SEMPRA ENERGY Table A CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in millions, except per share amounts; shares in thousands) Three months endedJune 30, Six months endedJune 30, 2021 2020 2021 2020 (unaudited) REVENUES Utilities $ 2,434 $ 2,233 $ 5,279 $ 4,898 Energy-related businesses 307 293 721 657 Total revenues 2,741 2,526 6,000 5,555 EXPENSES AND OTHER INCOME Utilities: Cost of natural gas (261) (131) (610) (468) Cost of electric fuel and purchased power (284) (260) (516) (489) Energy-related businesses cost of sales (119) (51) (228) (110) Operation and maintenance (1,024) (898) (2,025) (1,749) Aliso Canyon litigation and regulatory matters — — — (100) Depreciation and amortization (463) (412) (905) (824) Franchise fees and other taxes (138) (121) (291) (258) Other income (expense), net 72 62 107 (192) Interest income 15 22 34 49 Interest expense (258) (274) (517) (554) Income from continuing operations before income taxes and equity earnings 281 463 1,049 860 Income tax (expense) benefit (139) (168) (297) 39 Equity earnings 313 233 631 496 Income from continuing operations, net of income tax 455 528 1,383 1,395 Income from discontinued operations, net of income tax — 1,777 — 1,857 Net income 455 2,305 1,383 3,252 Earnings attributable to noncontrolling interests (10) (28) (43) (179) Preferred dividends (20) (37) (41) (73) Preferred dividends of subsidiary (1) (1) (1) (1) Earnings attributable to common shares $ 424 $ 2,239 $ 1,298 $ 2,999 Basic earnings per common share (EPS): Earnings $ 1.38 $ 7.64 $ 4.27 $ 10.24 Weighted-average common shares outstanding 307,800 293,060 304,372 292,925 Diluted EPS: Earnings $ 1.37 $ 7.61 $ 4.24 $ 9.91 Weighted-average common shares outstanding 308,607 294,155 306,284 307,962 SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ADJUSTED EARNINGS TO SEMPRA GAAP EARNINGS (Unaudited) Sempra Adjusted Earnings and Adjusted EPS exclude items (after the effects of income taxes and, if applicable, noncontrolling interests) in 2021 and 2020 as follows: Three months ended June 30, 2021: $(72) million impact from foreign currency and inflation and associated undesignated derivatives $(58) million net unrealized losses on commodity derivatives $50 million equity earnings from investment in RBS Sempra Commodities LLP, which represents a reduction to an estimate of our obligations to settle pending VAT matters and related legal costs at our equity method investment at Parent and other Three months ended June 30, 2020: $(21) million impact from foreign currency and inflation and associated undesignated derivatives $5 million net unrealized gains on commodity derivatives $1,754 million gain on the sale of our South American businesses Six months ended June 30, 2021: $(69) million impact from foreign currency and inflation and associated undesignated derivatives $(87) million net unrealized losses on commodity derivatives $50 million equity earnings from investment in RBS Sempra Commodities LLP, which represents a reduction to an estimate of our obligations to settle pending VAT matters and related legal costs at our equity method investment at Parent and other Six months ended June 30, 2020: $129 million impact from foreign currency and inflation and associated undesignated derivatives $46 million net unrealized gains on commodity derivatives $(72) million from impacts associated with Aliso Canyon natural gas storage facility litigation at Southern California Gas Company (SoCalGas) $(100) million equity losses from investment in RBS Sempra Commodities LLP, which represents an estimate of our obligations to settle pending VAT matters and related legal costs at our equity method investment at Parent and other $1,754 million gain on the sale of our South American businesses Sempra Adjusted Earnings and Adjusted EPS are non-GAAP financial measures (GAAP represents generally accepted accounting principles in the United States of America). These non-GAAP financial measures exclude significant items that are generally not related to our ongoing business activities and/or are infrequent in nature. These non-GAAP financial measures also exclude the impact from foreign currency and inflation effects and associated undesignated derivatives and unrealized gains and losses on commodity derivatives, which we expect to occur in future periods, and which can vary significantly from one period to the next. Exclusion of these items is useful to management and investors because it provides a meaningful comparison of the performance of Sempra's business operations to prior and future periods. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles for historical periods these non-GAAP financial measures to Sempra GAAP Earnings and GAAP EPS, which we consider to be the most directly comparable financial measures calculated in accordance with GAAP. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF ADJUSTED EARNINGS TO GAAP EARNINGS (Dollars in millions, except per share amounts; shares in thousands) Pretax amount Income tax expense (benefit) (1) Non-controlling interests Earnings Pretax amount Income tax expense (benefit) (1) Non-controlling interests Earnings Three months ended June 30, 2021 Three months ended June 30, 2020 Sempra GAAP Earnings $ 424 $ 2,239 Excluded items: Impact from foreign currency and inflation and associated undesignated derivatives $ 2 $ 83 $ (13) 72 $ (1) $ 31 $ (9) 21 Net unrealized losses (gains) on commodity derivatives 79 (22) 1 58 (6) 1 — (5) Gain on sale of South American businesses — — — — (2,915) 1,161 — (1,754) Earnings from investment in RBS Sempra Commodities LLP (50) — — (50) — — — — Sempra Adjusted Earnings (2) $ 504 $ 501 Diluted EPS: Sempra GAAP Earnings $ 424 $ 2,239 Weighted-average common shares outstanding, diluted 308,607 294,155 Sempra GAAP EPS $ 1.37 $ 7.61 Sempra Adjusted Earnings (2) $ 504 $ 501 Weighted-average common shares outstanding, diluted 308,607 294,155 Sempra Adjusted EPS (2) $ 1.63 $ 1.71 Six months ended June 30, 2021 Six months ended June 30, 2020 Sempra GAAP Earnings $ 1,298 $ 2,999 Excluded items: Impact from foreign currency and inflation and associated undesignated derivatives $ 32 $ 41 $ (4) 69 $ 94 $ (322) $ 99 (129) Net unrealized losses (gains) on commodity derivatives 125 (35) (3) 87 (63) 17 — (46) Impacts associated with Aliso Canyon litigation — — — — 100 (28) — 72 Gain on sale of South American businesses — — — — (2,915) 1,161 — (1,754) (Earnings) losses from investment in RBS Sempra Commodities LLP (50) — — (50) 100 — — 100 Sempra Adjusted Earnings (2) $ 1,404 $ 1,242 Diluted EPS: Sempra GAAP Earnings $ 1,298 $ 2,999 Add back dividends for dilutive series A preferred stock — 52 Sempra GAAP Earnings for GAAP EPS $ 1,298 $ 3,051 Weighted-average common shares outstanding, diluted – GAAP 306,284 307,962 Sempra GAAP EPS $ 4.24 $ 9.91 Sempra Adjusted Earnings (2) $ 1,404 $ 1,242 Add back dividends for dilutive series A preferred stock — 52 Add back dividends for dilutive series B preferred stock 19 — Sempra Adjusted Earnings for Adjusted EPS (2) $ 1,423 $ 1,294 Weighted-average common shares outstanding, diluted – Adjusted (3) 310,541 307,962 Sempra Adjusted EPS (2) $ 4.58 $ 4.20 (1) Income taxes were primarily calculated based on applicable statutory tax rates. We did not record an income tax expense for the equity earnings or an income tax benefit for the equity losses from our investment in RBS Sempra Commodities LLP because, even though a portion of the liabilities may be deductible under United Kingdom tax law, it is not probable that the deduction will reduce United Kingdom taxes. (2) Adjusted Earnings, Adjusted Earnings for Adjusted EPS and Adjusted EPS have been updated to reflect impact from foreign currency and inflation and associated undesignated derivatives and net unrealized losses (gains) on commodity derivatives for the three months and six months ended June 30, 2020. (3) In the six months ended June 30, 2021, because the assumed conversion of the series B preferred stock is dilutive for Adjusted Earnings, 4,257 series B preferred stock shares are added back to the denominator used to calculate Adjusted EPS. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA 2021 ADJUSTED EPS GUIDANCE RANGE TO SEMPRA 2021 GAAP EPS GUIDANCE RANGE (Unaudited) Sempra 2021 Adjusted EPS Guidance Range of $7.75 to $8.35 excludes items (after the effects of income taxes and, if applicable, noncontrolling interests) as follows: $(69) million impact from foreign currency and inflation and associated undesignated derivatives for the six months ended June 30, 2021 (1) $(87) million net unrealized losses on commodity derivatives for the six months ended June 30, 2021 $50 million equity earnings from investment in RBS Sempra Commodities LLP, which represents a reduction to an estimate of our obligations to settle pending VAT matters and related legal costs at our equity method investment at Parent and other Sempra 2021 Adjusted EPS Guidance is a non-GAAP financial measure. This non-GAAP financial measure excludes the impact from foreign currency and inflation and associated undesignated derivatives and unrealized gains and losses on commodity derivatives, which we expect to occur in future periods, and which can vary significantly from one period to the next. Exclusion of these items is useful to management and investors because it provides a meaningful comparison of the performance of Sempra's business operations to prior and future periods. Sempra 2021 Adjusted EPS Guidance Range should not be considered an alternative to Sempra 2021 GAAP EPS Guidance Range. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles Sempra 2021 Adjusted EPS Guidance Range to Sempra 2021 GAAP EPS Guidance Range, which we consider to be the most directly comparable financial measure calculated in accordance with GAAP. RECONCILIATION OF ADJUSTED EPS GUIDANCE RANGE TO GAAP EPS GUIDANCE RANGE Full-Year 2021 Sempra GAAP EPS Guidance Range (2) $ 7.41 to $ 8.01 Excluded items: Impact from foreign currency and inflation and associated undesignated derivatives (1) 0.22 0.22 Net unrealized losses on commodity derivatives 0.28 0.28 Earnings from investment in RBS Sempra Commodities LLP (0.16) (0.16) Sempra Adjusted EPS Guidance Range $ 7.75 to $ 8.35 Weighted-average common shares outstanding, diluted (millions) (3)(4) 315 (1) Amounts include impacts recorded in equity earnings from our unconsolidated equity method investments. (2) Sempra's prior GAAP EPS Guidance Range for full-year 2021 has been updated to reflect the impact from foreign currency and inflation and associated undesignated derivatives, net unrealized losses on commodity derivatives and equity earnings from investment in RBS Sempra Commodities LLP for the six months ended June 30, 2021. (3) Weighted-average common shares outstanding reflects the conversion of the series A preferred stock that converted on January 15, 2021 and series B preferred stock that converted on July 15, 2021. (4) Includes the impact of the Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) exchange offer. SEMPRA ENERGY Table B CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) June 30,2021 December 31, 2020 (1) (unaudited) ASSETS Current assets: Cash and cash equivalents $ 335 $ 960 Restricted cash 33 22 Accounts receivable – trade, net 1,441 1,578 Accounts receivable – other, net 413 403 Due from unconsolidated affiliates 11 20 Income taxes receivable 74 113 Inventories 339 308 Regulatory assets 251 190 Greenhouse gas allowances 555 553 Other current assets 308 364 Total current assets 3,760 4,511 Other assets: Restricted cash 3 3 Due from unconsolidated affiliates 702 780 Regulatory assets 2,216 1,822 Nuclear decommissioning trusts 1,024 1,019 Investment in Oncor Holdings 12,655 12,440 Other investments 1,393 1,388 Goodwill 1,602 1,602 Other intangible assets 382 202 Dedicated assets in support of certain benefit plans 523 512 Insurance receivable for Aliso Canyon costs 414 445 Deferred income taxes 167 136 Greenhouse gas allowances 259 101 Right-of-use assets – operating leases 513 543 Wildfire fund 349 363 Other long-term assets 730 753 Total other assets 22,932 22,109 Property, plant and equipment, net 41,916 40,003 Total assets $ 68,608 $ 66,623 (1) Derived from audited financial statements. SEMPRA ENERGY Table B (Continued) CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) June 30,2021 December 31, 2020 (1) (unaudited) LIABILITIES AND EQUITY Current liabilities: Short-term debt $ 2,266 $ 885 Accounts payable – trade 1,291 1,359 Accounts payable – other 168 154 Due to unconsolidated affiliates 42 45 Dividends and interest payable 588 551 Accrued compensation and benefits 365 446 Regulatory liabilities 426 140 Current portion of long-term debt and finance leases 507 1,540 Reserve for Aliso Canyon costs 153 150 Greenhouse gas obligations 555 553 Other current liabilities 951 1,016 Total current liabilities 7,312 6,839 Long-term debt and finance leases 22,090 21,781 Deferred credits and other liabilities: Due to unconsolidated affiliates 262 234 Pension and other postretirement benefit plan obligations, net of plan assets 1,037 1,059 Deferred income taxes 3,325 2,871 Regulatory liabilities 3,352 3,372 Reserve for Aliso Canyon costs 269 301 Asset retirement obligations 3,150 3,113 Greenhouse gas obligations 104 — Deferred credits and other 2,015 2,119 Total deferred credits and other liabilities 13,514 13,069 Equity: Sempra Energy shareholders' equity 25,451 23,373 Preferred stock of subsidiary 20 20 Other noncontrolling interests 221 1,541 Total equity 25,692 24,934 Total liabilities and equity $ 68,608 $ 66,623 (1) Derived from audited financial statements. SEMPRA ENERGY Table C CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in millions) Six months ended June 30, 2021 2020 (unaudited) CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 1,383 $ 3,252 Less: Income from discontinued operations, net of income tax — (1,857) Income from continuing operations, net of income tax 1,383 1,395 Adjustments to reconcile net income to net cash provided by operating activities 747 429 Net change in working capital components (63) 375 Distributions from investments 532 220 Insurance receivable for Aliso Canyon costs 31 (166) Changes in other noncurrent assets and liabilities, net (375) (185) Net cash provided by continuing operations 2,255 2,068 Net cash used in discontinued operations — (1,041) Net cash provided by operating activities 2,255 1,027 CASH FLOWS FROM INVESTING ACTIVITIES Expenditures for property, plant and equipment (2,424) (2,198) Expenditures for investments and acquisitions (165) (140) Proceeds from sale of assets — 5 Purchases of nuclear decommissioning trust assets (542) (797) Proceeds from sales of nuclear decommissioning trust assets 542 797 Advances to unconsolidated affiliates (8) (25) Other 9 17 Net cash used in continuing operations (2,588) (2,341) Net cash provided by discontinued operations — 5,195 Net cash (used in) provided by investing activities (2,588) 2,854 CASH FLOWS FROM FINANCING ACTIVITIES Common dividends paid (634) (567) Preferred dividends paid (68) (71) Issuances of preferred stock — 891 Issuances of common stock 5 13 Repurchases of common stock (38) (64) Issuances of debt (maturities greater than 90 days) 285 4,059 Payments on debt (maturities greater than 90 days) and finance leases (1,432) (1,970) Increase (decrease) in short-term debt, net 1,584 (1,871) Advances from unconsolidated affiliates 20 64 Proceeds from sale of noncontrolling interests 7 — Purchases of noncontrolling interests (10) (27) Other (1) (16) Net cash (used in) provided by continuing operations (282) 441 Net cash provided by discontinued operations — 401 Net cash (used in) provided by financing activities (282) 842 Effect of exchange rate changes in continuing operations 1 (7) Effect of exchange rate changes in discontinued operations — (3) Effect of exchange rate changes on cash, cash equivalents and restricted cash 1 (10) (Decrease) increase in cash, cash equivalents and restricted cash, including discontinued operations (614) 4,713 Cash, cash equivalents and restricted cash, including discontinued operations, January 1 985 217 Cash, cash equivalents and restricted cash, including discontinued operations, June 30 $ 371 $ 4,930 SEMPRA ENERGY Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES, INVESTMENTS AND ACQUISITIONS (Dollars in millions) Three months ended June 30, Six months ended June 30, 2021 2020 2021 2020 (unaudited) Earnings (Losses) Attributable to Common Shares SDG&E $ 186 $ 193 $ 398 $ 455 SoCalGas 94 146 501 449 Sempra Texas Utilities 138 144 273 249 Sempra Mexico 4 61 61 252 Sempra LNG 47 61 193 136 Parent and other (45) (141) (128) (389) Discontinued operations — 1,775 — 1,847 Total $ 424 $ 2,239 $ 1,298 $ 2,999 Three months ended June 30, Six months ended June 30, 2021 2020 2021 2020 (unaudited) Capital Expenditures, Investments and Acquisitions SDG&E $ 517 $ 448 $ 1,072 $ 850 SoCalGas 477 497 936 885 Sempra Texas Utilities 50 53 100 139 Sempra Mexico 89 151 231 321 Sempra LNG 160 90 249 137 Parent and other — 3 1 6 Total $ 1,293 $ 1,242 $ 2,589 $ 2,338 SEMPRA ENERGY Table E OTHER OPERATING STATISTICS Three months ended June 30, Six months ended June 30, 2021 2020 2021 2020 (unaudited) UTILITIES SDG&E and SoCalGas Gas sales (Bcf) (1) 72 71 199 200 Transportation (Bcf) (1) 145 129 282 277 Total deliveries (Bcf) (1) 217 200 481 477 Total gas customer meters (thousands) 6,983 6,943 SDG&E Electric sales (millions of kWhs) (1) 2,834 3,124 6,123 6,584 Direct Access and Community Choice Aggregation (millions of kWhs) 974 847 1,787 1,616 Total deliveries (millions of kWhs) (1) 3,808 3,971 7,910 8,200 Total electric customer meters (thousands) 1,487 1,478 Oncor (2) Total deliveries (millions of kWhs) 32,889 31,038 63,566 61,458 Total electric customer meters (thousands) 3,804 3,723 Ecogas Natural gas sales (Bcf) 1 1 2 2 Natural gas customer meters (thousands) 140 136 ENERGY-RELATED BUSINESSES Power generated and sold Sempra Mexico Termoeléctrica de Mexicali (TdM) (millions of kWhs) 826 457 1,671 1,283 Wind and solar (millions of kWhs) (3) 769 381 1,312 803 (1) Include intercompany sales. (2) Includes 100% of the electric deliveries and customer meters of Oncor Electric Delivery Company LLC (Oncor), in which we hold an indirect 80.25% interest through our investment in Oncor Electric Delivery Holdings Company LLC. (3) Includes 50% of the total power generated and sold at the Energía Sierra Juárez wind power generation facility through March 19, 2021. As of March 19, 2021, ESJ became a wholly owned, consolidated subsidiary of IEnova. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT (Dollars in millions) Three months ended June 30, 2021 SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 1,318 $ 1,124 $ — $ 404 $ 52 $ (157) $ 2,741 Cost of sales and other expenses (800) (799) (1) (215) (159) 148 (1,826) Depreciation and amortization (220) (180) — (57) (2) (4) (463) Other income (expense), net 22 (2) — 33 — 19 72 Income (loss) before interest and tax (1) 320 143 (1) 165 (109) 6 524 Net interest (expense) income (101) (40) — (29) 5 (78) (243) Income tax (expense) benefit (33) (8) — (113) 19 (4) (139) Equity earnings (losses), net — — 139 (9) 133 50 313 (Earnings) losses attributable to noncontrolling interests — — — (10) (1) 1 (10) Preferred dividends — (1) — — — (20) (21) Earnings (losses) attributable to common shares $ 186 $ 94 $ 138 $ 4 $ 47 $ (45) $ 424 Three months ended June 30, 2020 SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 1,235 $ 1,010 $ — $ 275 $ 69 $ (63) $ 2,526 Cost of sales and other expenses (690) (611) 1 (111) (74) 24 (1,461) Depreciation and amortization (197) (162) — (47) (3) (3) (412) Other income (expense), net 18 (2) — 36 — 10 62 Income (loss) before interest and tax (1) 366 235 1 153 (8) (32) 715 Net interest (expense) income (103) (39) — (17) 3 (96) (252) Income tax (expense) benefit (70) (49) — (54) (18) 23 (168) Equity earnings, net — — 143 6 84 — 233 (Earnings) losses attributable to noncontrolling interests — — — (27) — 1 (26) Preferred dividends — (1) — — — (37) (38) Earnings (losses) from continuing operations $ 193 $ 146 $ 144 $ 61 $ 61 $ (141) 464 Earnings from discontinued operations (2) 1,775 Earnings attributable to common shares $ 2,239 (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. (2) Includes $1,754 million gain on the sale of our South American businesses in the second quarter of 2020. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT (Dollars in millions) Six months ended June 30, 2021 SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 2,655 $ 2,632 $ — $ 771 $ 248 $ (306) $ 6,000 Cost of sales and other expenses (1,601) (1,633) (3) (410) (298) 275 (3,670) Depreciation and amortization (433) (353) — (108) (5) (6) (905) Other income (expense), net 57 37 — (10) — 23 107 Income (loss) before interest and tax (1) 678 683 (3) 243 (55) (14) 1,532 Net interest (expense) income (202) (79) — (55) 11 (158) (483) Income tax (expense) benefit (78) (102) — (121) (30) 34 (297) Equity earnings, net — — 276 38 267 50 631 (Earnings) losses attributable to noncontrolling interests — — — (44) — 1 (43) Preferred dividends — (1) — — — (41) (42) Earnings (losses) attributable to common shares $ 398 $ 501 $ 273 $ 61 $ 193 $ (128) $ 1,298 Six months ended June 30, 2020 SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 2,504 $ 2,405 $ — $ 584 $ 192 $ (130) $ 5,555 Cost of sales and other expenses (1,369) (1,483) — (248) (161) 87 (3,174) Depreciation and amortization (398) (321) — (94) (5) (6) (824) Other income (expense), net 49 28 — (247) — (22) (192) Income (loss) before interest and tax (1) 786 629 — (5) 26 (71) 1,365 Net interest (expense) income (203) (78) — (31) 9 (202) (505) Income tax (expense) benefit (128) (101) — 253 (41) 56 39 Equity earnings (losses), net — — 249 206 141 (100) 496 (Earnings) losses attributable to noncontrolling interests — — — (171) 1 1 (169) Preferred dividends — (1) — — — (73) (74) Earnings (losses) from continuing operations $ 455 $ 449 $ 249 $ 252 $ 136 $ (389) 1,152 Earnings from discontinued operations (2) 1,847 Earnings attributable to common shares $ 2,999 (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. (2) Includes $1,754 million gain on the sale of our South American businesses in the second quarter of 2020. SOURCE Sempra

SoCalGas Declares Preferred Dividends

LOS ANGELES, Aug. 4, 2021 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on October 15, 2021, to shareholders of record on September 10, 2021. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. Over the past five years, the company invested nearly $7.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company

Prioritizing Investments in Critical Transmission and Distribution Infrastructure

Transmission and distribution (T&D) infrastructure serves a critical role transporting electricity from power plants to residential and commercial customers. Without T&D lines, power cannot be delivered, including from wind and solar plants often located hundreds or thousands of miles from urban centers with high electricity demand. As the owner of one of the largest energy networks in North America, Sempra’s critical investments, primarily focused on T&D infrastructure, are helping to accelerate the energy transition. Today, more than 36 million consumers rely on Sempra and its family of companies to deliver resilient, reliable, and affordable energy every day. Transmission & Distribution in Top-Tier North American Markets Sempra’s T&D infrastructure is strategically located in attractive markets which are backed by regulated rates of return or long-term contracted cash flows and help to promote energy access and sustainability. Sempra’s California utilities, San Diego Gas & Electric Co. ( SDG&E) and Southern California Gas Co. ( SoCalGas), work to provide safe, dependable, and low-carbon energy to 26 million consumers and operate approximately 145,000 miles of T&D lines. Transmission and Distribution in California and Texas Southern California SoCalGas is utilizing existing infrastructure to support the transmission and distribution of renewable natural gas and to study the application of hydrogen energy. Recently, SoCalGas announced that it will be testing a new technology that can simultaneously separate and compress hydrogen from a blend of hydrogen and natural gas. SoCalGas also recently announced a program to study blending hydrogen into its natural gas pipelines. If approved by regulators, the program would be the first step toward establishing a statewide standard for injecting hydrogen into the natural gas grid. Our Energy Behind Texas In Texas, Oncor Electric Delivery Company LLC (Oncor), another Sempra utility, is the largest transmission and distribution electric utility in the state. Oncor owns and operates 139,000 miles of T&D lines, helping connect Texans to the growing supply of renewable energy and helping to make the Lone Star State a leader in solar and wind production. Today, Oncor connects more than 60 renewable generators to the Electric Reliability Council of Texas (ERCOT) grid, capable of generating more than 11,000 MW of electricity. Of this, approximately 10,000 MW is from wind interconnections, representing more than 42% of all ERCOT wind generation. Investing in the Future Building a 21st century energy system through critical T&D investments that support hydrogen, renewable natural gas, fuel cells, electric vehicle infrastructure, and carbon capture and storage is key to Sempra’s mission of being North America’s premier energy infrastructure company. We believe these investments in T&D infrastructure will help improve efficiencies and further modernize energy systems by advancing the energy transition and promoting energy diversification, affordability, and access. 1. Amounts are approximate and includes SDG&E and SoCalGas as of 12/31/2020. Distribution lines included in the T+D miles total include distribution and service pipelines. 2. 2019 Data. EIA Net Generation for All Sectors within the United States and for Mexico, BP’s 2020 Statistical Review of World Energy. Includes U.S. and Mexico only. 3. Amounts are approximate and includes 100% of Oncor and Sharyland as of 12/31/2020.

SDG&E Announces Wildfire Safety And Resiliency Advancements For 2021 Wildfire Season

SAN DIEGO, Aug. 3, 2021 /PRNewswire/ -- San Diego Gas & Electric (SDG&E), a recognized industry leader in wildfire safety, unveiled its wildfire mitigation and resiliency advancements in preparation for this year's wildfire season. The advancements continue a decade-long commitment to strengthening the region against a dynamic climate that has brought on unprecedented high fire-threat conditions in recent years. Infrastructure and technological enhancements continue to play a fundamental role in limiting the potential risk of utility-related wildfires and mitigating the impacts experienced during a Public Safety Power Shutoff (PSPS). As a result of this year's resiliency efforts like strategic undergrounding and an expanded generator grant program, SDG&E estimates that nearly 11,000 additional customers could benefit from reduced PSPS impacts, depending on the weather events experienced this year. In addition to building regional resiliency, this year's growth in clean technology also contributes to the company's sustainability goals. "Nothing is more important than the continued safety and well-being of the communities we serve, as well as the preservation of our environment," said Caroline Winn, chief executive officer for SDG&E. "We are working tirelessly to integrate new, innovative technologies to significantly decrease the PSPS impacts experienced by our customers and reduce utility-related wildfire risk, while also forging a path towards a more sustainable future." A wildfire risk analysis report published this year by the California Public Utilities Commissions Safety and Enforcement Division and conducted by Technosylva Inc. found that Public Safety Power Shutoffs carried out by SDG&E between October 10 and November 1, 2019, possibly prevented utility-related wildfires which could have had the potential to affect up to 34,471 people, damage 35,112 buildings and burn approximately 327,277 acres. The analysis examined 13 damage incidents identified by SDG&E using Technosylva's Wildfire Analyst™ software, which provides a real-time analysis of wildfire behavior and a model simulation of potential wildfires based on multiple factors, including local topographic characteristics, weather factors, surface fuel types and vegetation moisture. In addition to Public Safety Power Shutoffs and robust wildfire mitigation programs, advanced clean technology is a critical component of SDG&E's resiliency efforts throughout the High Fire-Threat District (HFTD). Leading the way in this effort is a state-of-the art flow battery that will be integrated into the Cameron Corners microgrid to keep critical facilities and customers energized during a power shutoff. The flow battery will help store clean energy produced by local solar panels to help limit emissions and build greater regional resiliency. SDG&E is also piloting a cutting-edge mobile power station to help support the needs of customers impacted by a PSPS. The mobile power station is a unique four-wheel drive vehicle with a 500kW set of lithium-ion batteries that will help keep critical customers energized during a power shutoff. The mobile clean-energy solution will also include charging ports for clean energy vehicles. Additional enhancements and advancements this year include: Private Communications NetworkA new private communications network is under development to support advanced protection systems, like falling conductor protection and high-speed relays, and enable more efficient system communications. Enhanced Infrastructure HardeningMore than 150 miles of overhead lines are planned to be hardened in 2021. Additionally, 25 miles of lines will be strategically undergrounded to help keep communities and critical customers energized during a power shutoff. Virtual Reality (VR) TrainingSDG&E is launching a VR training program to help field workers run through different scenarios and learn how to quickly identify and efficiently respond to issues they may encounter in the field, including addressing potential wildfire risks. Weather and Situational Awareness AdvancementsSDG&E is updating its weather network and will become the first in the state to include cameras that measure chlorophyl in vegetation and sensors that measure moisture content in brush. The network will also leverage the latest remote sensing capabilities of satellites to detect, alert and monitor wildfire activity from space. SDG&E also continues to use drones to evaluate the condition of our overhead electric distribution lines and equipment and other infrastructure in the highest fire threat areas. Generator Program ExpansionMedical Baseline customers who experienced a Public Safety Power Shutoff in 2020 have received or are being offered a portable renewable generator for future energy needs. Customers in the areas at greatest risk for wildfire have also been offered additional generator rebates. Expanded Community PartnershipsSDG&E has expanded its community partnership network with 2-1-1 San Diego and 2-1-1 Orange County, the American Red Cross, and the Inter-Tribal Long Term Recovery Foundation to disseminate critical wildfire preparedness information and helpful customer resources during a PSPS. For SDG&E soundbites and b-roll, please click here . SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by currently providing around 45 percent of its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region's infrastructure for generations to come. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information, visit SDGEnews.com or connect with SDG&E on Twitter, Instagram and Facebook. SOURCE SDG&E

SoCalGas Partners with Sierra Northern Railway to Fund Development of Hydrogen Fuel Cell Switcher Rail Locomotive

LOS ANGELES, July 28, 2021 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced today it will be working together with Sierra Northern Railway, Gas Technology Institute (GTI), and other technical experts to develop and test a zero-emission hydrogen fuel cell engine for a switcher locomotive. Switcher locomotives are a type of engine for trains that carry goods from ports to nearby warehouses. Creating a fuel cell engine for these trains would potentially eliminate their emissions and provide a much-needed reduction in air pollution from the railways that serve California's warehouses and ports. The project was selected for funding by the California Energy Commission, which awarded Sierra Northern Railway and GTI nearly $4 million to fund the design and demonstration of the train in Sacramento, with the goal of creating a clean alternative to diesel locomotives. SoCalGas is committing another $500,000 to advance the research. "We believe hydrogen fuel cell-powered locomotives can play a significant role in reducing air pollution and greenhouse gas emissions from the railways that serve California's ports and warehouses," said Neil Navin, SoCalGas Vice President of Clean Energy Innovations. "This research is just part of our efforts to lead the transition to clean fuels in California and it supports our commitment to achieve net zero greenhouse gas emissions in our operations and delivery of energy by 2045." The issue of warehouse-related air pollution received heightened attention earlier this month when the air quality regulators at the South Coast Air Quality Management District (SCAQMD) adopted a rule to reduce nitrogen oxide (NOx) and diesel particulate matter emissions from diesel trucks serving distribution centers. In order to comply with this new rule, warehouses larger than 100,000 square feet can choose to directly reduce emissions from their operations or pay a mitigation fee to fund technologies and projects that reduce air pollution in nearby communities. Sierra Northern Railway proposes to retire a high-emission Tier 0 diesel locomotive engine and replace it with an engine that will integrate a hydrogen fuel cell and hydrogen storage tank with advanced battery and systems control technologies. Upon completion, the new zero-emissions switcher locomotive will displace up to 10,000 gallons of conventional diesel fuel per year by using hydrogen fuel, providing the capacity to eliminate more than 100 metric tons of carbon dioxide—more than that produced by driving a car 250,000 miles. In addition to helping improve air quality and cutting greenhouse gas emissions, the hydrogen fuel cell locomotive technology will eliminate the noise and odor associated with diesel engines. "Sierra Northern Railway is very pleased to partner with SoCalGas to design, build and test the switcher locomotive. Without their support, building this important next step zero emission locomotive would not be possible. This demonstration will facilitate the improvement of local air quality, a reduction in greenhouse gas emissions, noise, and odor for those communities that live near ports throughout California." Said Kennan H. Beard III, President of Sierra Northern Railway. "This locomotive project is very exciting not only for us, but for the entire rail industry," said Michael Faust, President of Velocity Strategies and lead project consultant for Sierra Northern Railway. "It will further demonstrate how locomotives across the state can shift to hydrogen fuel cell technology and be a part of clean energy solutions. Sierra Northern Railway is thrilled to lead by example with this work and showcase what kind of innovation is possible." "Hydrogen fuel cell technology for locomotives is a clear path forward in the future, as it provides a safe, responsible and efficient energy alternative," said Ted Barnes, Director of Research & Development at GTI. "This project is an opportunity to propel long-term technological advancements forward in the rail sector that will have a direct positive impact on our environment. " Project demonstrations will take place on Sierra Northern Railway's short-line operations, which serve the railyard and seaport in West Sacramento. Sierra Northern Railway and GTI will partner with an experienced team of rail and hydrogen industry experts to build and test the train engine. These experts include Ballard Power Systems, Sacramento Metropolitan Air Quality Management District, UC Davis Institute of Transportation Studies, Railpower Tech LLC, OptiFuel Systems LLC, Valley Vision, Velocity Strategies, and Frontier Energy. "It is exciting to be a part of a hydrogen fuel cell project that could have a lasting impact both locally and globally," said Lewis Fulton, Director of Sustainable Transportation Energy Pathways at University of California Davis. "Not only will the West Sacramento communities near the railway benefit from Sierra Northern Railway's build and demonstration, but this research could also have a lasting, wide-scale effect on the rail industry's future as a whole." "By increasing utilization of hydrogen fuel cell power in locomotives, we will have the ability to further sustainability goals both across the state and the entire U.S.," said Tim Sasseen, Market Development Manager at Ballard Power Systems. "We are thrilled to be part of the technical team moving this clean energy research forward in the rail industry. We are confident it will drive positive change that will make a real difference for generations to come." SoCalGas is advancing numerous low- and zero-carbon energy technologies similar to development of the fuel cell switcher locomotive in support of its goals towards net zero greenhouse gas (GHG) emissions in its operations and delivery of energy by 2045. In March the utility committed to reducing not only the company's own direct emissions, but also those generated by its customers to support a carbon neutral economy. SoCalGas' mission is to build the cleanest, safest, and most innovative energy company in North America. More information on the company's mission and climate commitment can be found at socalgas.com/mission. About SoCalGasHeadquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. Over the past five years, the company invested nearly $7.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company

Sempra LNG And PGNiG Sign MOU For LNG Capacity From North American LNG Portfolio

SAN DIEGO, July 27, 2021 /PRNewswire/ -- Sempra LNG today announced that it has entered into a memorandum of understanding (MOU) with the Polish Oil & Gas Company (PGNiG) for the potential purchase of approximately 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from Sempra LNG's portfolio of projects in North America. As part of the MOU, Sempra LNG and PGNiG are also working toward a framework for the reporting, mitigation and reduction of greenhouse gas (GHG) emissions throughout the LNG value chain. "We look forward to continuing to work with PGNiG to help meet their energy objectives from our strategically positioned LNG facilities and development projects on the Gulf and Pacific Coasts of North America," said Justin Bird, chief executive officer of Sempra LNG. "As we look to extend our LNG business to include net-zero solutions, working with companies like PGNiG to advance best practices in GHG mitigation can build on the global environmental benefits of substituting higher-emission fuels with lower-carbon LNG while also continuing to drive down emissions in the U.S. natural gas value chain." "We highly value our relationship with Sempra LNG and we are keen to continue it. The MOU allows for shifting the volumes originally contracted at Port Arthur LNG to other facilities from Sempra's projects portfolio," said Paweł Majewski, chief executive officer of PGNiG SA. "We are also determined to curb the carbon footprint of fuels offered by PGNiG and are convinced that our cooperation with LNG producers like Sempra LNG will contribute to reach this goal most effectively." The MOU is non-binding and was completed in connection with the termination of the parties' sale and purchase agreement (SPA) signed in 2018 that provided for 2 Mtpa of LNG supply to be delivered from the Port Arthur LNG project. Sempra LNG owns a 50.2% interest in Cameron LNG, a 12-Mtpa export facility operating in Hackberry, Louisiana (Phase 1), and is working with Cameron LNG on a proposed expansion of the facility through one additional liquefaction train with an offtake capacity of over 6 Mtpa. Sempra LNG, IEnova and TotalEnergies are building the 3-Mtpa ECA LNG project in Baja California, Mexico. Phase 1 of the project is under construction and first production of LNG is expected by the end of 2024. A potential expansion project is in the early stages of development. Sempra LNG is also developing additional LNG facilities and carbon sequestration infrastructure along the LNG value chain on the Gulf and Pacific Coasts of North America. About Sempra LNGSempra LNG's mission is being North America's premier LNG infrastructure company by providing sustainable, safe and reliable access to U.S. natural gas for global markets. Sempra LNG owns interests in Cameron LNG, a 12 Mtpa export facility operating in Hackberry, Louisiana and Energía Costa Azul (ECA) LNG, a 3 Mtpa export facility under construction in Baja California, Mexico. Sempra LNG is developing additional LNG export facilities on the Gulf and Pacific Coasts of North America including Port Arthur LNG in Texas, Vista Pacífico LNG in Mexico, expansions of Cameron LNG and ECA LNG, as well as supporting pipelines, storage and carbon sequestration projects. Through disciplined and innovative processes, Sempra LNG is facilitating the global energy transition by leading the responsible development of lower-carbon energy infrastructure investments along the LNG value chain. For more information about Sempra LNG, please visit www.SempraLNG.com. About PGNiGPolish Oil and Gas Company (PGNiG) is the leader of the Polish natural gas market. Listed on the Warsaw Stock Exchange the company's core business includes exploration and production of natural gas and crude oil. Its key branches and subsidiaries import, store, sell and distribute gaseous and liquid fuels. They also generate heat and electricity. PGNiG holds stake in about 30 companies including entities that provide professional geophysical, drilling and maintenance services. PGNiG holds exploration and production licenses on the Norwegian Continental Shelf, in Pakistan and United Arab Emirates. The exploration and production activity in Norway is carried out by PGNiG Upstream Norway. While Munich-based PGNiG Supply & Trading is engaged in gas trading in Western Europe, also operating the LNG trading office in London. In 2020, PGNiG launched a research program aimed at developing alternative fuels and ultimately including them in the sales offer. The PGNiG Group wants to become involved in the use of biomethane as well as the production, storage and distribution of hydrogen. PGNiG wants to expand its competences in the area of generating electricity from renewable energy sources based on photovoltaic and wind farms. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits and other authorizations, and other actions by (i) the U.S. Department of Energy and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we do business; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations; the impact of the COVID-19 pandemic on our capital projects, regulatory approval processes, supply chain, liquidity and execution of operations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas and the impact of volatility of oil prices on our businesses and development projects; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra Energy's website at www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not the same company as San Diego Gas & Electric or Southern California Gas Company, and Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not regulated by the California Public Utilities Commission. SOURCE Sempra LNG

How We Prepared for Hurricane Season in the Gulf Coast Region

Across Sempra’s family of companies, world-class safety for our communities and employees is paramount. During this hurricane season we remain focused on finding new and innovative ways to further our safety-first culture and maintain resilient operations. Prioritizing Safety Our teams in Louisiana and Texas continue to examine protocols, collaborate and innovate to advance safety practices. Although natural disasters can bring unexpected challenges, we invest in the expertise and knowledge to make decisions and plans based on data, science and past experiences. From managing facility design, to protecting our employees, to aligning with community leaders on emergency response plans – we prioritize safety across our businesses and communities. Insights from 2020 Last year’s hurricane season tested our emergency response plans and the team’s resiliency. Facing simultaneous category 4 storms and a worldwide pandemic, our employees upheld our safety-first mindset and our facilities proved durable against the elements. We also worked closely with the tight-knit liquefied natural gas (LNG) communities that share the Louisiana-Texas border. In our communities, Sempra donated $100,000 to small business and resident relief efforts, while the Sempra Foundation contributed $500,000 toward community recovery. As we continue driving resilient operations, informed by our experience from 2020, safety remains foundational. Read more about how the Sempra family of companies is prioritizing safety for our customers, employees and the communities where we operate. Subscribe to our Texas Newsletter

SoCalGas Aims to Advance Transformative Hydrogen Technologies via U.S. Department of Energy Hydrogen "Earthshot" RFI

LOS ANGELES, July 26, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced several of its research and development initiatives designed to enable low-cost, clean hydrogen have been submitted to the U.S. Department of Energy's (DOE) "Earthshot" Hydrogen Program's Request for Information (RFI). The submissions are intended to help DOE's Hydrogen Program prioritize projects that would accelerate clean hydrogen innovations that could reduce emissions, create jobs, and facilitate a net-zero carbon emissions economy by 2050. SoCalGas is working with multiple collaborators on these initiatives, including the University of California Irvine, University of California Los Angeles, and the Green Hydrogen Coalition, among others. "Green hydrogen is a renewable energy source that can be ready-to-go whenever it's needed for power generation, manufacturing, or transportation," said Maryam Brown, SoCalGas President. "We believe this flexible, storable fuel will be essential to achieving net-zero emissions in California, and that is why we are working collaboratively with these partners to advance these important hydrogen projects." SoCalGas recently announced its commitment to the goal of achieving net zero greenhouse gas emissions in its operations and delivery of energy by 2045. In doing so, SoCalGas became the largest gas distribution utility in the nation to include scopes 1, 2, and 3 emissions in its target, aligning with the Paris Agreement's recommendations to limit global warming to 1.5°C by achieving net zero by mid-century. The programs submitted to the DOE request include: HyDeal LA: An initiative to architect the green hydrogen ecosystem to achieve at-scale procurement of green hydrogen at $1.50/kg in the Los Angeles basin by 2030. HyDeal LA is a collaboration of green hydrogen offtakers, developers, integrators, equipment manufacturers, investors, environmental groups, and other advisors coalescing to overcome the biggest barrier to the green hydrogen economy–its high cost–by aiming to launch North America's first green hydrogen hub at scale. HyDeal LA is targeting the inclusion of power plants, industrial applications, hydrogen transportation, and ultimately, global export of green hydrogen from the ports. Renewable Hydrogen Ecosystem: A project at the University of California, Irvine (UCI) that will be designed to use hydrogen made from solar and wind energy to create a zero-emissions energy system on the UCI campus. If successful, this project would demonstrate a scalable solution that could be replicated by urban communities around the world to achieve zero emissions. Direct Solar Methane Conversion: A new technology developed by researchers at the University of California Los Angeles ( UCLA) that uses solar energy to separate the carbon and hydrogen atoms in natural gas with zero or negative emissions, creating hydrogen and capturing carbon in solid form, which can be used in high value energy technology applications when commercialized. "The Western United States has abundant renewable resources necessary to make globally-competitive low-cost green hydrogen," said Janice Lin, President and Founder of the Green Hydrogen Coalition. "By working to simultaneously aggregate multi-sectoral demand, scale production, and design the needed infrastructure for transport and storage, HyDeal LA aims to make use of these renewable resources to produce and deliver green hydrogen at scale to accelerate multi-sectoral decarbonization in power plants, transportation, and as a feedstock for industrial customers. HyDeal LA represents an opportunity for the U.S. Department of Energy to promote the development of domestic green hydrogen hubs and establish the U.S. as a leader for this vast new emerging energy export opportunity." "By using solar energy converted to hydrogen, we aim to create a 100% zero-carbon energy system on the UC Irvine campus," said Jack Brouwer, director of UCI's National Fuel Cell Research Center as well as its Advanced Power and Energy Program. "When deployed, the system we're proposing could be replicable at other universities, industrial campuses, large apartment complexes, military bases, and other multi–megawatt microgrids across the nation." "The new clean hydrogen production technology developed by UCLA researchers represents a disruptive breakthrough," said Tim Fisher, Professor and Chair of UCLA's Mechanical and Aerospace Engineering department. "When commercialized, this technology could drive the U.S. as a leader in zero carbon technology development, domestic jobs growth, and the production of clean hydrogen at very low-cost." In its RFI, the DOE notes that hydrogen "enables innovations in energy production and end uses that can help decarbonize some of the most emissions-intensive sectors of our economy: transportation, electricity generation, and industrial applications, including chemicals production. Additional decarbonization opportunities exist for low-carbon hydrogen such as for combined heat and power (CHP) in building applications and through blending with natural gas." For more information on SoCalGas' mission and climate commitment to net zero by 2045, visit www.socalgas.com/mission. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest, and most innovative energy company in America. In support of that mission, SoCalGas is committed to its goals of achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company

bp To Deliver Its First Carbon Offset LNG Cargo To Sempra's Energía Costa Azul Receiving Terminal In Mexico

SAN DIEGO, July 15, 2021 /PRNewswire/ -- bpGM, Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), today announced that they have entered into a contract for the delivery and receipt of the companies' first carbon offset liquefied natural gas (LNG) cargo. The cargo is expected to be delivered to the Energía Costa Azul (ECA) terminal in Mexico on July 16, 2021, and it will be sourced from bp's global LNG portfolio. Global demand for natural gas and LNG is expected to continue to grow. IEnova and Sempra LNG each intend to continue supporting this growth by diversifying their offerings, including developing bundled carbon offset LNG products to help meet customers' demand. Justin Bird, CEO of Sempra LNG said: "We are excited to advance our goal to lower GHG emission intensity at our LNG facilities. Sempra LNG continues to build a strong business portfolio focused on sustainability and the global energy transition." Carbon dioxide (CO2) and methane (CH4) emissions associated with the LNG cargo, from wellhead to discharge terminal, will be estimated using bp's GHG quantification methodology for LNG. The methodology has been developed following relevant international standards and may be updated from time to time. These estimated emissions will be offset by retiring a corresponding amount of carbon credits, sourced from a Mexican afforestation project from bp's vetted portfolio of offsets on behalf of Sempra LNG. Carol Howle, EVP of trading & shipping at bp said: "Natural gas has a key role to play in getting the world to net zero. This new offer further demonstrates our determination to remain one of the world's leading and most innovative LNG suppliers. The development and continuous improvement of a clear and reliable methodology for quantifying the carbon intensity of our LNG supply chain is an important step in helping our customers deliver their sustainability goals and supports our ambition to help the world get to net zero." Sharon Weintraub, SVP, gas and power trading international at bp said: "Delivering carbon offset LNG is an important part of meeting growing global energy demand. For bp, this is part of continuing to meet growing customer demands for new energy solutions that will amplify value for our business. For customers, this means access to exciting initiatives that can help them in pursuing their sustainability strategies by quantifying the carbon intensity associated with the LNG supply from bp's diverse portfolio of LNG sources and then offsetting those emissions." More widely, bp has set out specific GHG reductions and other aims for 2030 in support of its ambition to be a net zero company by 2050 or sooner and to help the world get to net zero. bp does not intend to rely on carbon credits to meet its 2030 aims. Tania Ortiz, CEO of IEnova added: "We are pleased to work with Sempra LNG to help deliver the much-needed natural gas to customers in Mexico in a sustainable manner. We are always looking for new ways we can create value not only through the safe and responsible operation of our facilities, but also by contributing toward the energy transition." Sempra LNG and IEnova are currently constructing liquefaction facilities that will be located adjacent to ECA. Although this carbon off-set LNG cargo is from bp's global LNG portfolio, ECA will continue to serve the needs of its existing customers, including from the receipt of multiple LNG cargoes each year pursuant to a long-term sales and purchase agreement between bp and its partners in Tangguh LNG and Sempra LNG. Sempra LNG has established a goal to operate its existing LNG infrastructure at a GHG emissions intensity 20% less than its 2020 baseline and expects to establish additional goals by 2025, as the company continues to grow and bring more projects online. About Sempra LNGSempra LNG's mission is being North America's premier LNG infrastructure company by providing sustainable, safe and reliable access to U.S. natural gas for global markets. Sempra LNG owns interests in Cameron LNG, a 12 Mtpa export facility operating in Hackberry, Louisiana and Energía Costa Azul (ECA) LNG, a 3 Mtpa export facility under construction in Baja California, Mexico. Sempra LNG is developing additional LNG export facilities on the Gulf and Pacific Coasts of North America including Port Arthur LNG in Texas, expansions of Cameron LNG and ECA LNG, as well as supporting pipelines and storage projects. Through disciplined and innovative processes, Sempra LNG is facilitating the global energy transition by leading the responsible development of lower-carbon energy infrastructure investments along the LNG value chain. For more information about Sempra LNG, please visit www.SempraLNG.com. About bpbp's purpose is to reimagine energy for people and our planet. It has set out an ambition to be a net zero company by 2050, or sooner and help the world get to net zero, and a strategy for delivering on that ambition. bpGM is a wholly owned subsidiary of bp p.l.c. Its main business activities include the trading of gas, power, LNG, emissions and other energy products in the UK and overseas. For more information about bp, please visit www.bp.com. About IEnovaIEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2020, the company has more than 1,400 employees and approximately $10.5 billion in total assets, making it one of the largest private energy companies in the country. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits and other authorizations, and other actions by (i) the U.S. Department of Energy and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we do business; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations; the impact of the COVID-19 pandemic on our capital projects, regulatory approval processes, supply chain, liquidity and execution of operations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas and the impact of volatility of oil prices on our businesses and development projects; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra Energy's website at www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not the same company as San Diego Gas & Electric or Southern California Gas Company, and Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not regulated by the California Public Utilities Commission. SOURCE Sempra LNG

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