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Sempra Operating Company SDG&E Wins National Award for Electric Reliability in the U.S.

SAN DIEGO, Nov. 18, 2021 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) announced today that one of its operating companies, San Diego Gas & Electric Company (SDG&E), received national recognition for its continued excellence in reliability and innovation. SDG&E, which serves 3.7 million people in San Diego and southern Orange counties, was honored by PA Consulting with three of its most prestigious awards: ReliabilityOne ® National Reliability award, Outstanding Reliability Performance in the West Region Metropolitan Service Area (also known as the "Best in the West") and Outstanding Grid Sustainability. "At Sempra, innovation is at the core of everything we do and we are committed to harnessing technology to advance the resiliency of our infrastructure with an unwavering focus on safety and sustainability. SDG&E's awards demonstrate our enterprise-wide focus on building climate-resilient energy systems that can serve our customers for generations to come," said Kevin Sagara, group president for Sempra and chairman of SDG&E and Southern California Gas Co. (SoCalGas). Sempra's transmission and distribution infrastructure investments are strategically located in attractive North American markets, including California, where SDG&E and SoCalGas work to provide safe, dependable, lower-carbon energy to 26 million consumers. Sempra's California utilities are helping lead the decarbonization of the state's energy system through innovation and technology to better serve customers, improve operational safety and reliability, and support the modernization of energy systems with a focus on climate resiliency. SDG&E has invested in innovative, state-of-the-art technologies and programs since 2007 that have made it an industry leader in wildfire safety, grid resiliency and sustainability. The company has implemented grid hardening efforts and integrated enhanced situational awareness tools, like wildfire modeling and drones, designed to identify potential wildfire risks and reduce customer impacts associated with outages. This is the 16th consecutive year that SDG&E has received the ReliabilityOne ® award for "Outstanding Reliability Performance" among utilities in the Western United States. "For 21 years, the ReliabilityOne ® Awards have highlighted outstanding electric utility providers who are focused on resiliently building a more positive future for their customers," said Gregg Edeson, PA Consulting's ReliabilityOne ® Program Director. "We are pleased to name SDG&E as an industry leader for delivering outstanding service and restoration efforts while balancing customer needs and optimizing investments." The ReliabilityOne ® Awards are given annually to utilities in eight regions that have excelled in delivering the most reliable electric service to their customers. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies has 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 the markets 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 with a focus on 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 @Sempra. SOURCE Sempra

Sempra Named ‘Utility of the Year’ by SAP

At Sempra, we believe decarbonization, diversification and digitalization underpin the energy transition and build resiliency. Embracing new technologies across our family of companies helps us operate with excellence and serve more than 36 million consumers. Recently, Sempra was recognized with the System Applications (SAP) Utility of the Year Award for Sempra’s world-class performance utilizing several SAP technologies. SAP also recognized SDG&E with an “Innovation — Excellence in Customer Service 2021 Award” for the ways that SAP-based systems have helped SDG&E deliver a differentiated customer experience, quicker market responsiveness, and smooth transitioning for Community Choice Aggregation (CCA) customers. This includes cloud-based customer service technologies that provide a true 360-degree view of the customer as well as completely redesigned "My Account" and mobile application experiences with enhanced self-service functionality so customers can do more to manage their accounts online. SDG&E's Envision Program Recently, SDG&E utilized SAP technologies to launch its Envision Program, an initiative aimed to modernize its business by implementing a new customer information system with four strategic imperatives in mind: Core service excellence; Efficient market responsiveness; Digital customer-centricity; and Data integrity. These awards reinforce Sempra’s culture of innovation and leadership as we work toward our mission to be North America’s premier energy infrastructure company. View all our awards

Sempra Declares Common Dividend

SAN DIEGO, Nov. 17, 2021 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $1.10 per share quarterly dividend on the company's common stock, which is payable Jan. 15, 2022, to common stock shareholders of record at the close of business on Dec. 23, 2021. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies has 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 the markets 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 with a focus on 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 @Sempra. 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 California Public Utilities Commission (CPUC), Comisión Reguladora de Energía, 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 or approval of partners or other third parties, including governmental entities; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; changes to laws, including proposed changes to the Mexican constitution that could materially limit access to the electric generation market and changes to Mexico's trade rules that could materially limit our ability to import and export hydrocarbons; failure of foreign governments and state-owned entities to honor their contracts and commitments and property disputes; 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; the impact of energy and climate goals, policies, legislation and rulemaking, including actions to reduce or eliminate reliance on natural gas generally and any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to timely and economically incorporate them into our business; 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, including potential vaccination mandates, 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; 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 and with respect to interest rates, the impact on SDG&E's and SoCalGas' cost of capital; 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 Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra

SoCalGas to Fund Testing of First-of-its-Kind Direct Air Capture Technology

LOS ANGELES, Nov. 16, 2021 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced it will support research to test and further develop an innovative technology that captures carbon dioxide from the air while simultaneously collecting water that can then be reused for irrigation. Testing the new carbon capture technology, called Isothermal Water Vapor and CO 2 Capture (IWVC), will provide key insight into its efficiency and operating costs, ultimately determining the cost-effectiveness of its deployment at scale. SoCalGas contributed approximately $650,000 to the $3.2 million project, which has also received funding from the U.S. Department of Energy (DOE). The IWVC technology was conceived at Pacific Northwest National Laboratory (PNNL) and is being commercialized by Los Angeles-based start-up Avnos, Inc. A new economy-wide technical analysis released by SoCalGas last month revealed that carbon management tools, like direct air capture when combined with electrification and clean fuels like hydrogen and renewable natural gas deliver the most affordable, resilient, and technologically proven path to full carbon neutrality. "The UN Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency highlight the need for carbon management tools to meet our Paris Agreement commitments," said Neil Navin, vice president of clean energy innovations at SoCalGas. "By helping jumpstart this technology we aim to help California reach its 100% net-zero goals more affordably, more equitably, and with less risk of power disruptions, customer conversion barriers, and technological limitations." "We're confident that the demonstration testing of this breakthrough technology will prove what our modeling indicates—collecting significant amounts of water while pulling carbon dioxide from the air results in the most flexible and cost-effective solution in the DAC market," said Will Kain, CEO of Avnos, Inc. "We believe that at scale this technology has the potential to generate approximately 15 million gallons of water a day while removing 1.8 million tons of CO 2 from the air each year in a single system—the equivalent of taking more than 390,000 cars off the road for a year." IWVC is a hybrid form of Direct Air Capture (DAC) technology that simultaneously captures carbon dioxide and water from the air. This advanced technology operates using a two-stage vacuum swing process. First, the device attracts and binds water vapor and carbon dioxide. Then it condenses the water out and compresses the carbon dioxide for transport, storage, or use to make fuel or other products. The demonstration-scale system is designed to capture about 80 kg of carbon dioxide and about 1000 liters of water daily. "The IWVC system employs a unique combination of advanced desiccant and CO2 sorbent materials that spontaneously remove moisture and CO2 when brought into contact with air," said Dr. Peter McGrail, Laboratory Fellow at PNNL. "High temperature is normally used to regenerate desiccants, which would be far too energy intensive and costly for DAC. IWVC's desiccants instead are regenerated without any outside heating, which makes it economical to produce water along with the CO2." "A 2020 study published in Nature Climate Change showed that large-scale deployment of conventional DAC technologies could exacerbate issues around water scarcity. Our technology upends those concerns by producing excess water while still doing the main job of capturing CO2 from the atmosphere," said Dr. McGrail. PNNL is currently leading design and development of the IWVC demonstration system components. Once design and development activities are completed, the demonstration system will be fabricated and then tested in Southern California. The project is scheduled to be completed in 2023. A 2020 study from the Lawrence Livermore National Lab, found carbon capture technology will be necessary to meet the state's carbon neutral goals. SoCalGas' recent analysis, which evaluates potential pathways for the state to reach 100 percent carbon neutrality, also identifies the need for carbon management technologies to support a clean fuels network that will help the state reach its climate goals. The recently signed Infrastructure Investment and Jobs Act allocates $12.5 billion for the research and development of carbon capture programs, including $2.1 billion for CO2 transport infrastructure projects, and it supports regionalized carbon capture centers. SoCalGas is advancing numerous low- and zero-carbon energy technologies similar to this IWVC direct air capture project in support of California's climate goals and its established goal to achieve net zero greenhouse gas (GHG) emissions in its operations and delivery of energy by 2045. In March, SoCalGas became the largest North American natural gas distribution utility to set an ambitious net-zero goal that includes scopes 1, 2 and 3 GHG emissions. The company is working to reduce its direct emissions and those generated by its customers, including the fuel SoCalGas delivers to all 22 million Californians. 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 the goal of 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. 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

SoCalGas Partners with People Assisting the Homeless (PATH) and LA Family Housing on Project Homekey Initiative

LOS ANGELES, Nov. 10, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) partners with People Assisting The Homeless (PATH) and LA Family Housing (LAFH) in a continuous effort to support Project Homekey, a statewide effort between Los Angeles County and the State of California to relocate unhoused individuals into permanent housing. The utility has provided over $300,000 in assistance towards energy efficiency programs and equipment installation in over 650 Project Homekey units. SoCalGas has been a proud supporter of Project Homekey since its inception in 2020 with active projects at 11 Project Homekey properties. "Since the onset of the COVID-19 pandemic, Los Angeles County has taken many actions to reduce and prevent the spread of the virus among people experiencing homelessness, including rapidly standing up long-term, permanent housing opportunities at hotels and motels through Project Homekey," said Los Angeles County Board of Supervisors Chair Hilda L. Solis, supervisor to the First District. "The program is a crucial development and turning point for Angelenos where we can help offer long-term housing for those experiencing homelessness. I am thankful to join forces with SoCalGas and other partners to provide a beacon of hope for our most vulnerable." Project Homekey is administered by the California Department of Housing and Community Development, and the state has allocated $2.75 billion in federal funds towards this initiative for the next two years. Funding is available to local public organizations within California to purchase and rehabilitate housing, including hotels, motels, and vacant buildings and convert them into long-term housing in an effort to support Californians impacted by COVID-19 and experiencing homelessness. Since 2020, SoCalGas has installed low-flow showerheads and aerators as part of the Energy Savings Assistance (ESA) program within four Homekey sites totaling 164 units. The ESA program helps customers save energy and decrease water usage, translating to significant savings on utility bills. Currently, six Project Homekey sites are scheduled for a central water heating system replacement via SoCalGas' ESA Multi-Family Common Area Measures (CAM) program. Additionally, ten properties owned by LAFH, National Core, PATH and The People Concern are enrolled in the California Alternate Rates for Energy (CARE) program, helping customers save 20 percent on their monthly gas bills with combined savings of over $15,000 per year. With the implementation of Project Homekey, energy efficient tools and strategies can significantly reduce the amount of energy used and lower natural gas bills within Homekey properties. "Project Homekey is a tremendous opportunity to house additional individuals experiencing homelessness throughout Los Angeles. Our approach is to promote energy efficient upgrades within these units that lower energy usage and help to keep utility bills affordable," said Gillian Wright, senior vice president and chief customer officer at SoCalGas, and chair of the board for LA Family Housing. "SoCalGas is enthusiastic about this opportunity to address issues within our communities and assist with providing stable housing and much needed relief for people experiencing homelessness." "With incredible support from SoCalGas and the City of Los Angeles, we've been able to greatly expand available interim and permanent housing in our communities through Project Homekey, the fastest, largest, and most cost-effective method for creating new permanent homes in state history," said Stephanie Klasky-Gamer, president and CEO at LA Family Housing. "LA Family Housing is proud to operate four Project Homekey properties in LA County, which provide hundreds of interim and permanent homes for medically frail and older adults experiencing homelessness and connect them with supportive services that best meet their needs." "Project Homekey has allowed PATH and our partners to provide more supportive housing units than ever before. Thanks to our valued utility partners at SoCalGas and the leadership they have displayed, our residents have made it home. SoCalGas acted quickly in delivering equipment upgrades and rate discounts that have helped us lower our operating costs and improve our resident experience. Importantly, the money saved on our reduced energy costs will enable us to drive the savings into the supportive services our residents need," said Jennifer Hark Dietz, PATH Executive Director. SoCalGas' energy efficiency programs have offered consistent energy savings and have been an industry leader for over a decade, conserving over 40 million therms and helping customers save $44 million on their utility bills in 2020. Energy efficiency is one of the most cost-effective tools in lowering greenhouse gas emissions and supports net zero emissions target that includes scopes 1, 2, and 3 GHG emissions. SoCalGas' Aspire 2045 strategy aligns with the recommendations of the Paris Climate Agreement and reflects the company's focus on supporting California with a resilient gas grid through the energy transition to support a carbon neutral economy. 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 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. 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. About LA Family Housing The mission of LA Family Housing ( LAFH) is to help people transition out of homelessness and poverty through a continuum of housing enriched with supportive services. LAFH is one of the largest homeless service providers and real estate developers in Los Angeles, operating 30 properties of interim, affordable, and supportive housing across the County. The agency helps 11,000 low-income children, parents, and single adults transition out of homelessness annually. About PATH Founded in 1984, PATH is committed to ending homelessness for individuals, families, and communities in California. We do this by building affordable supportive housing and providing homeless services in more than 150 cities across the state. Our services support nearly 20 percent of the state's population experiencing homelessness. Since 2013, PATH has helped more than 13,000 people move into permanent homes. More information at www.epath.org SOURCE Southern California Gas Company

Sempra Reports Third-Quarter 2021 Earnings Results

SAN DIEGO, Nov. 5, 2021 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced third-quarter 2021 losses of $648 million, or $2.03 per diluted share, compared to third-quarter 2020 earnings of $351 million, or $1.21 per diluted share. Sempra's third-quarter 2021 results included a $1.1 billion after-tax charge associated with civil litigation related to the 2015 Aliso Canyon natural gas storage facility leak. On an adjusted basis, the company's third-quarter 2021 earnings were $545 million, or $1.70 per diluted share, compared to $432 million, or $1.49 per diluted share, in the third quarter of 2020. "At this point in the year, we are excited to see strong growth across all three of our business platforms," said Trevor Mihalik, executive vice president and chief financial officer of Sempra. "This is a product of our strategic focus on investing in some of the most attractive energy markets in North America, and it sets us up well for strong financial and operating performance through the end of the year and into 2022." Sempra's earnings for the first nine months of 2021 were $650 million, or $2.09 per diluted share, compared with earnings of $3.35 billion, or $11.43 per diluted share, in the first nine months of 2020. Adjusted earnings for the first nine months of 2021 were $1.949 billion, or $6.27 per diluted share, compared to $1.674 billion, or $5.70 per diluted share, in the first nine 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 third quarter and first nine months of 2021 and 2020. Three months ended Nine months ended September 30, September 30, (Dollars, except EPS, and shares in millions) 2021 2020 2021 2020 (Unaudited) GAAP (Losses) Earnings $ (648) $ 351 $ 650 $ 3,350 Impacts Associated with Aliso Canyon Litigation and Regulatory Matters 1,132 22 1,132 94 Impact from Foreign Currency and Inflation and Associated Undesignated Derivatives 1 (28) 18 41 (111) Net Unrealized Losses (Gains) on Commodity Derivatives 1 89 34 176 (12) Loss (Gain) on Sale of South American Businesses - 7 - (1,747) (Earnings) Losses from Investment in RBS Sempra Commodities LLP - - (50) 100 Adjusted Earnings 2 $ 545 $ 432 $1,949 $1,674 Diluted Weighted-Average Common Shares Outstanding 319 291 311 293 GAAP EPS $ (2.03) $ 1.21 $ 2.09 $ 11.43 Diluted Weighted-Average Common Shares Outstanding 320 291 311 307 Adjusted EPS 2,3 $ 1.70 $ 1.49 $ 6.27 $ 5.70 1) Q3-2020 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 Adjusted EPS, preferred dividends of $78M are added back to Adjusted Earnings because of the dilutive effect of Series A mandatory convertible preferred stock. Advancing Key Strategic Priorities at Sempra California Southern California Gas Co. (SoCalGas) recently announced agreements expected to resolve substantially all material civil litigation against SoCalGas and Sempra related to the 2015 Aliso Canyon natural gas storage facility leak. The net, after-tax cash outflows for SoCalGas are expected to ultimately be up to approximately $895 million, after taking into consideration the remaining insurance receivable and other adjustments. SoCalGas also recently issued a new economy-wide technical analysis, which underscores the essential role that clean fuels like hydrogen and renewable natural gas (RNG) are expected to play in reaching carbon neutrality. The analysis highlights that a clean fuels network made, in part, by leveraging existing gas infrastructure to deliver clean fuels and to manage carbon could allow California to achieve its net-zero goals more affordably and more effectively than other alternatives. Continuing Strong Growth at Sempra Texas In Texas, Oncor Electric Delivery Company LLC (Oncor) has announced its updated, five-year projected capital plan for 2022-2026 of $15 billion, a record high for the company. Additionally, Oncor now projects its rate base to grow to nearly $28 billion by 2026, which reflects a compound annual growth rate of about 8% over the five-year period. Oncor's robust projected capital plan and rate base figures are expected to support the economic development seen throughout its service territory, forecasted generation additions, strong premise growth, and critical investments in grid resiliency, safety and reliability. Investing in the Energy Transition at Sempra Infrastructure Last month, Sempra completed the sale of a non-controlling, 20% interest in Sempra Infrastructure to KKR for a purchase price of $3.37 billion, subject to post-closing adjustments. Proceeds from the sale are expected to be used to, among other things, help fund growth across Sempra's capital program, which is centered on its U.S. utilities, and further strengthen its balance sheet. Also, Sempra completed its follow-on cash tender offer to acquire the remaining publicly owned shares of Infraestructura Energética Nova S.A.B. de C.V. (IEnova) that were not obtained in the previously completed exchange offer, and IEnova's shares have been delisted from the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V.). With the consolidation of Sempra's liquefied natural gas (LNG) business and its ownership of IEnova under Sempra Infrastructure, the newly formed business platform is expected to generate increased shareholder value over the long-term by investing in the energy systems of the future. Earnings Guidance Sempra is updating its full-year 2021 GAAP EPS guidance range, including items expected to be reflected in our fourth quarter results, to $3.01 to $3.61, and the company is continuing to guide to the upper end of the range for its full-year 2021 adjusted EPS guidance of $7.75 to $8.35. Sempra is also reaffirming 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 9127369. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies has 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 the markets 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 with a focus on 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 @Sempra. 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 California Public Utilities Commission (CPUC), Comisión Reguladora de Energía, 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 or approval of partners or other third parties, including governmental entities; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; changes to laws, including proposed changes to the Mexican constitution that could materially limit access to the electric generation market and changes to Mexico's trade rules that could materially limit our ability to import and export hydrocarbons; failure of foreign governments and state-owned entities to honor their contracts and commitments and property disputes; 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; the impact of energy and climate goals, policies, legislation and rulemaking, including actions to reduce or eliminate reliance on natural gas generally and any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to timely and economically incorporate them into our business; 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, including potential vaccination mandates, 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; 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 and with respect to interest rates, the impact on SDG&E's and SoCalGas' cost of capital; 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 Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra 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 ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (unaudited) REVENUES Utilities $ 2,560 $ 2,301 $ 7,839 $ 7,199 Energy-related businesses 453 343 1,174 1,000 Total revenues 3,013 2,644 9,013 8,199 EXPENSES AND OTHER INCOME Utilities: Cost of natural gas (282) (114) (892) (582) Cost of electric fuel and purchased power (312) (429) (828) (918) Energy-related businesses cost of sales (220) (90) (448) (200) Operation and maintenance (1,073) (1,018) (3,098) (2,767) Aliso Canyon litigation and regulatory matters (1,571) (27) (1,571) (127) Depreciation and amortization (471) (418) (1,376) (1,242) Franchise fees and other taxes (151) (139) (442) (397) Other (expense) income, net (55) 29 52 (163) Interest income 16 27 50 76 Interest expense (259) (264) (776) (818) (Loss) income from continuing operations before income taxes and equity earnings (1,365) 201 (316) 1,061 Income tax benefit (expense) 342 (99) 45 (60) Equity earnings 391 326 1,022 822 (Loss) income from continuing operations, net of income tax (632) 428 751 1,823 (Loss) income from discontinued operations, net of income tax — (7) — 1,850 Net (loss) income (632) 421 751 3,673 Earnings attributable to noncontrolling interests (5) (22) (48) (201) Preferred dividends (11) (48) (52) (121) Preferred dividends of subsidiary — — (1) (1) (Losses) earnings attributable to common shares $ (648) $ 351 $ 650 $ 3,350 Basic (losses) earnings per common share (EPS): (Losses) earnings $ (2.03) $ 1.21 $ 2.10 $ 11.48 Weighted-average common shares outstanding 319,144 289,490 309,350 291,771 Diluted EPS: (Losses) earnings $ (2.03) $ 1.21 $ 2.09 $ 11.43 Weighted-average common shares outstanding 319,144 290,582 310,854 292,935 SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ADJUSTED EARNINGS TO SEMPRA GAAP (LOSSES) 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 September 30, 2021: $(1,132) million from impacts associated with Aliso Canyon natural gas storage facility litigation at Southern California Gas Company (SoCalGas) $28 million impact from foreign currency and inflation and associated undesignated derivatives $(89) million net unrealized losses on commodity derivatives Three months ended September 30, 2020: $(22) million from impacts associated with Aliso Canyon natural gas storage facility litigation and regulatory matters at SoCalGas $(18) million impact from foreign currency and inflation and associated undesignated derivatives $(34) million net unrealized losses on commodity derivatives $(7) million reduction to the gain on sale of our Chilean businesses as a result of post-closing adjustments Nine months ended September 30, 2021: $(1,132) million from impacts associated with Aliso Canyon natural gas storage facility litigation at SoCalGas $(41) million impact from foreign currency and inflation and associated undesignated derivatives $(176) 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 value added tax (VAT) matters and related legal costs at our equity method investment at Parent and other Nine months ended September 30, 2020: $(94) million from impacts associated with Aliso Canyon natural gas storage facility litigation and regulatory matters at SoCalGas $111 million impact from foreign currency and inflation and associated undesignated derivatives $12 million net unrealized gains on commodity derivatives $(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 $1,747 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 (Losses) 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 (LOSSES) EARNINGS (Dollars in millions, except per share amounts; shares in thousands) Pretax amount Income tax (benefit) expense (1) Non-controlling interests Earnings Pretax amount Income tax (benefit) expense(1) Non-controlling interests Earnings Three months ended September 30, 2021 Three months ended September 30, 2020 Sempra GAAP (Losses) Earnings $ (648) $ 351 Excluded items: Impacts associated with Aliso Canyon litigation and regulatory matters $ 1,571 $ (439) $ — 1,132 $ 27 $ (5) $ — 22 Impact from foreign currency and inflation and associated undesignated derivatives 4 (33) 1 (28) (11) 44 (15) 18 Net unrealized losses on commodity derivatives 120 (32) 1 89 48 (13) (1) 34 Reduction to gain on sale of Chilean businesses — — — — 16 (9) — 7 Sempra Adjusted Earnings (2) $ 545 $ 432 Diluted EPS: Sempra GAAP (Losses) Earnings $ (648) $ 351 Weighted-average common shares outstanding, diluted – GAAP 319,144 290,582 Sempra GAAP EPS $ (2.03) $ 1.21 Sempra Adjusted Earnings (2) $ 545 $ 432 Weighted-average common shares outstanding, diluted – Adjusted (3) 320,483 290,582 Sempra Adjusted EPS (2) $ 1.70 $ 1.49 Nine months ended September 30, 2021 Nine months ended September 30, 2020 Sempra GAAP Earnings $ 650 $ 3,350 Excluded items: Impacts associated with Aliso Canyon litigation and regulatory matters $ 1,571 $ (439) $ — 1,132 $ 127 $ (33) $ — 94 Impact from foreign currency and inflation and associated undesignated derivatives 36 8 (3) 41 83 (278) 84 (111) Net unrealized losses (gains) on commodity derivatives 245 (67) (2) 176 (15) 4 (1) (12) (Earnings) losses from investment in RBS Sempra Commodities LLP (50) — — (50) 100 — — 100 Gain on sale of South American businesses — — — — (2,899) 1,152 — (1,747) Sempra Adjusted Earnings (2) $ 1,949 $ 1,674 Diluted EPS: Sempra GAAP Earnings $ 650 $ 3,350 Weighted-average common shares outstanding, diluted – GAAP 310,854 292,935 Sempra GAAP EPS $ 2.09 $ 11.43 Sempra Adjusted Earnings (2) $ 1,949 $ 1,674 Add back dividends for dilutive series A preferred stock — 78 Sempra Adjusted Earnings for Adjusted EPS (2) $ 1,949 $ 1,752 Weighted-average common shares outstanding, diluted – Adjusted (4) 310,854 307,405 Sempra Adjusted EPS (2) $ 6.27 $ 5.70 (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 nine months ended September 30, 2020. (3) In the three months ended September 30, 2021, the total weighted-average number of potentially dilutive securities of 699 were not included in the computation of GAAP EPS because to do so would have decreased losses per share, additionally because the conversion of the series B preferred stock is dilutive for Adjusted Earnings, 640 series B preferred stock shares are added back to the denominator used to calculate Adjusted EPS. (4) In the nine months ended September 30, 2020, because the assumed conversion of the series A preferred stock is dilutive for Adjusted Earnings, 14,470 series A 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: $(1,132) million from impacts associated with Aliso Canyon natural gas storage facility litigation at SoCalGas $(41) million impact from foreign currency and inflation and associated undesignated derivatives for the nine months ended September 30, 2021(1) $(176) million net unrealized losses on commodity derivatives for the nine months ended September 30, 2021 $(72) million net income tax expense to derecognize a deferred income tax asset upon completing the sale of a 20% equity interest in Sempra Infrastructure Partners in October 2021 $(30) million in charges associated with hedge termination costs and write-off of unamortized debt issuance costs from early redemption of debt at Sempra Mexico in October 2021 $(93) million in charges associated with make-whole premiums and write-off of unamortized discount and debt issuance costs from early redemptions of debt at Parent and other in December 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) $ 3.01 to $ 3.61 Excluded items: Impacts associated with Aliso Canyon litigation 3.59 3.59 Impact from foreign currency and inflation and associated undesignated derivatives (1) 0.13 0.13 Net unrealized losses on commodity derivatives 0.56 0.56 Net income tax expense to derecognize a deferred income tax asset 0.23 0.23 Costs associated with early redemption of debt 0.39 0.39 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 impacts associated with Aliso Canyon litigation, impact from foreign currency and inflation and associated undesignated derivatives and net unrealized losses on commodity derivatives for the nine months ended September 30, 2021, and net income tax expense to derecognize a deferred income tax asset and costs associated with early redemption of debt in the fourth quarter of 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) September 30, 2021 December 31, 2020 (1) (unaudited) ASSETS Current assets: Cash and cash equivalents $ 873 $ 960 Restricted cash 31 22 Accounts receivable – trade, net 1,416 1,578 Accounts receivable – other, net 470 403 Due from unconsolidated affiliates 30 20 Income taxes receivable 93 113 Inventories 371 308 Regulatory assets 290 190 Greenhouse gas allowances 546 553 Other current assets 473 364 Total current assets 4,593 4,511 Other assets: Restricted cash 3 3 Due from unconsolidated affiliates 684 780 Regulatory assets 2,280 1,822 Nuclear decommissioning trusts 1,003 1,019 Investment in Oncor Holdings 12,475 12,440 Other investments 1,483 1,388 Goodwill 1,602 1,602 Other intangible assets 376 202 Dedicated assets in support of certain benefit plans 539 512 Insurance receivable for Aliso Canyon costs 414 445 Deferred income taxes 151 136 Greenhouse gas allowances 356 101 Right-of-use assets – operating leases 499 543 Wildfire fund 342 363 Other long-term assets 914 753 Total other assets 23,121 22,109 Property, plant and equipment, net 42,758 40,003 Total assets $ 70,472 $ 66,623 (1) Derived from audited financial statements. SEMPRA ENERGY Table B (Continued) CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) September 30, 2021 December 31, 2020 (1) (unaudited) LIABILITIES AND EQUITY Current liabilities: Short-term debt $ 3,068 $ 885 Accounts payable – trade 1,400 1,359 Accounts payable – other 179 154 Due to unconsolidated affiliates 42 45 Dividends and interest payable 592 551 Accrued compensation and benefits 454 446 Regulatory liabilities 515 140 Current portion of long-term debt and finance leases 2,994 1,540 Reserve for Aliso Canyon costs 1,962 150 Greenhouse gas obligations 546 553 Other current liabilities 1,192 1,016 Total current liabilities 12,944 6,839 Long-term debt and finance leases 20,042 21,781 Deferred credits and other liabilities: Due to unconsolidated affiliates 286 234 Pension and other postretirement benefit plan obligations, net of plan assets 964 1,059 Deferred income taxes 2,882 2,871 Regulatory liabilities 3,378 3,372 Reserve for Aliso Canyon costs 14 301 Greenhouse gas obligations 190 — Asset retirement obligations 3,187 3,113 Deferred credits and other 1,981 2,119 Total deferred credits and other liabilities 12,882 13,069 Equity: Sempra Energy shareholders' equity 24,554 23,373 Preferred stock of subsidiary 20 20 Other noncontrolling interests 30 1,541 Total equity 24,604 24,934 Total liabilities and equity $ 70,472 $ 66,623 (1) Derived from audited financial statements. SEMPRA ENERGY Table C CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in millions) Nine months ended September 30, 2021 2020 (unaudited) CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 751 $ 3,673 Less: Income from discontinued operations, net of income tax — (1,850) Income from continuing operations, net of income tax 751 1,823 Adjustments to reconcile net income to net cash provided by operating activities 661 692 Reserve for Aliso Canyon costs 1,525 259 Net change in other working capital components (186) (396) Distributions from investments 727 429 Insurance receivable for Aliso Canyon costs 31 (165) Changes in other noncurrent assets and liabilities, net (528) 38 Net cash provided by continuing operations 2,981 2,680 Net cash used in discontinued operations — (1,051) Net cash provided by operating activities 2,981 1,629 CASH FLOWS FROM INVESTING ACTIVITIES Expenditures for property, plant and equipment (3,606) (3,313) Expenditures for investments and acquisitions (216) (229) Proceeds from sale of assets — 22 Distributions from investments 365 761 Purchases of nuclear decommissioning trust assets (729) (1,091) Proceeds from sales of nuclear decommissioning trust assets 729 1,091 Advances to unconsolidated affiliates (8) (32) Repayments of advances to unconsolidated affiliates — 7 Other 9 13 Net cash used in continuing operations (3,456) (2,771) Net cash provided by discontinued operations — 5,186 Net cash (used in) provided by investing activities (3,456) 2,415 CASH FLOWS FROM FINANCING ACTIVITIES Common dividends paid (981) (872) Preferred dividends paid (77) (107) Issuances of preferred stock — 890 Issuances of common stock 5 10 Repurchases of common stock (39) (565) Issuances of debt (maturities greater than 90 days) 1,992 5,934 Payments on debt (maturities greater than 90 days) and finance leases (2,315) (4,387) Increase (decrease) in short-term debt, net 1,999 (1,871) Advances from unconsolidated affiliates 40 64 Proceeds from sales of noncontrolling interests 7 — Purchases of noncontrolling interests (221) (178) Other (13) (29) Net cash provided by (used in) continuing operations 397 (1,111) Net cash provided by discontinued operations — 401 Net cash provided by (used in) financing activities 397 (710) Effect of exchange rate changes in continuing operations — (2) Effect of exchange rate changes in discontinued operations — (3) Effect of exchange rate changes on cash, cash equivalents and restricted cash — (5) (Decrease) increase in cash, cash equivalents and restricted cash, including discontinued operations (78) 3,329 Cash, cash equivalents and restricted cash, including discontinued operations, January 1 985 217 Cash, cash equivalents and restricted cash, including discontinued operations, September 30 $ 907 $ 3,546 SEMPRA ENERGY Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES, INVESTMENTS AND ACQUISITIONS (Dollars in millions) Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (unaudited) Earnings (Losses) Attributable to Common Shares SDG&E $ 205 $ 178 $ 603 $ 633 SoCalGas (1,126) (24) (625) 425 Sempra Texas Utilities 206 209 479 458 Sempra Mexico 164 50 225 302 Sempra LNG 1 71 194 207 Parent and other (98) (126) (226) (515) Discontinued operations — (7) — 1,840 Total $ (648) $ 351 $ 650 $ 3,350 Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (unaudited) Capital Expenditures, Investments and Acquisitions SDG&E $ 488 $ 473 $ 1,560 $ 1,323 SoCalGas 481 460 1,417 1,345 Sempra Texas Utilities 51 86 151 225 Sempra Mexico 94 122 325 443 Sempra LNG 113 63 362 200 Parent and other 6 — 7 6 Total $ 1,233 $ 1,204 $ 3,822 $ 3,542 SEMPRA ENERGY Table E OTHER OPERATING STATISTICS Three months ended September 30, Nine months ended or at September 30, 2021 2020 2021 2020 (unaudited) UTILITIES SDG&E and SoCalGas Gas sales (Bcf) (1) 56 57 255 257 Transportation (Bcf) (1) 170 174 452 451 Total deliveries (Bcf) (1) 226 231 707 708 Total gas customer meters (thousands) 6,994 6,953 SDG&E Electric sales (millions of kWhs) (1) 2,789 4,063 8,912 10,647 Direct Access and Community Choice Aggregation (millions of kWhs) 2,025 914 3,812 2,530 Total deliveries (millions of kWhs) (1) 4,814 4,977 12,724 13,177 Total electric customer meters (thousands) 1,493 1,480 Oncor (2) Total deliveries (millions of kWhs) 40,244 39,084 103,810 100,542 Total electric customer meters (thousands) 3,817 3,744 Ecogas Natural gas sales (Bcf) — — 2 2 Natural gas customer meters (thousands) 141 137 ENERGY-RELATED BUSINESSES Power generated and sold Sempra Mexico Termoeléctrica de Mexicali (TdM) (millions of kWhs) 912 893 2,583 2,176 Wind and solar (millions of kWhs) (3) 612 432 1,924 1,304 (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 (ESJ) 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 September 30, 2021 SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 1,464 $ 1,106 $ — $ 597 $ 119 $ (273) $ 3,013 Cost of sales and other expenses (843) (840) (1) (343) (265) 254 (2,038) Aliso Canyon litigation and regulatory matters — (1,571) — — — — (1,571) Depreciation and amortization (226) (180) — (60) (3) (2) (471) Other income (expense), net 4 (39) — (16) (1) (3) (55) Income (loss) before interest and tax (1) 399 (1,524) (1) 178 (150) (24) (1,122) Net interest (expense) income (104) (39) — (31) 2 (71) (243) Income tax (expense) benefit (90) 437 — (24) 11 8 342 Equity earnings, net — — 207 47 137 — 391 (Earnings) losses attributable to noncontrolling interests — — — (6) 1 — (5) Preferred dividends — — — — — (11) (11) Earnings (losses) attributable to common shares $ 205 $ (1,126) $ 206 $ 164 $ 1 $ (98) $ (648) Three months ended September 30, 2020 SDG&E SoCalGas SempraTexas Utilities Sempra Mexico Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 1,472 $ 842 $ — $ 351 $ 63 $ (84) $ 2,644 Cost of sales and other expenses (957) (634) — (160) (105) 66 (1,790) Aliso Canyon litigation and regulatory matters — (27) — — — — (27) Depreciation and amortization (200) (165) — (47) (2) (4) (418) Other (expense) income, net (2) (7) — 36 — 2 29 Income (loss) before interest and tax (1) 313 9 — 180 (44) (20) 438 Net interest (expense) income (102) (39) — (17) 17 (96) (237) Income tax (expense) benefit (33) 6 — (92) (18) 38 (99) Equity earnings, net — — 209 1 116 — 326 Earnings attributable to noncontrolling interests — — — (22) — — (22) Preferred dividends — — — — — (48) (48) Earnings (losses) from continuing operations $ 178 $ (24) $ 209 $ 50 $ 71 $ (126) 358 Losses from discontinued operations (2) (7) Earnings attributable to common shares $ 351 (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) Represents post-closing adjustments related to the sale of our equity interests in our Chilean businesses. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT (Dollars in millions) Nine months ended September 30, 2021 SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 4,119 $ 3,738 $ — $ 1,368 $ 367 $ (579) $ 9,013 Cost of

SoCalGas Opens New Renewable Natural Gas Fueling Station in Riverside County

LOS ANGELES, Nov. 4, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas), local officials, and business representatives today celebrated the opening of a new fueling station located in Menifee, California. The new fueling station will exclusively offer renewable natural gas (RNG), a clean, sustainable fuel made from methane that would otherwise be emitted from landfills, dairy farms, and other waste sources. The Menifee CNG fueling station is the sixteenth public station operated by SoCalGas. As part of its efforts to reach net zero emissions by 2045 and help the state reach its climate goals, SoCalGas is focused on solutions to help reduce emissions in hard-to-abate sectors, like heavy duty transportation. According to a 2021 report, RNG use as a transportation fuel in California has increased 177 percent over the last five years. In 2020, over 92% of natural gas trucks in California were fueled by renewable gas, some of which was facilitated through SoCalGas fueling stations and helped to displace 1.83 million tons of carbon dioxide equivalent (CO2e). "Fueling with RNG is an affordable way to eliminate air pollution and emissions linked to climate change. As the use of RNG in transportation continues to increase in our state, it is important to us to give drivers and fleet operators more locations to fuel up," said Don Widjaja, vice president of customer solutions at SoCalGas. "Our commitment to reducing emissions from the transportation sector continues to be a focus as we work towards our goal to achieve net zero greenhouse gas emission in our operations and delivery of energy by 2045." "With the opening of this station, SoCalGas continues to show its commitment to our city as a community partner, business leader and innovator," said Bill Zimmerman, Mayor of the city of Menifee. "Congratulations to SoCalGas on the opening of your new CNG fueling station," said Assemblymember Kelly Seyarto. "This infrastructure upgrade will bring the benefits of cleaner energy to all our communities in Southwest Riverside County." SoCalGas has worked with fleet owners to secure millions of dollars in incentive funding for the replacement of diesel trucks with cleaner, new near-zero emissions natural gas trucks. Additionally, SoCalGas plans to convert 200 Ford F-250 service pick-up trucks to run on RNG within its own fleet. With the addition of these trucks, nearly 40 percent of SoCalGas' fleet will be operating on clean fuels. Each new natural gas truck that replaces a traditional diesel truck is the equivalent of taking 57 passenger cars off the road. Last month, SoCalGas received the 2021 NGV Achievement Award in the Utility Leadership category. The award, presented by NGVAmerica, recognizes SoCalGas' outstanding contributions to the advancement of natural gas as a transportation fuel. RNG is not a fossil fuel. It is a clean fuel produced from the methane emissions at dairy farms, wastewater treatment plants, landfills, and other waste streams. Depending on its source, RNG can be low-carbon or in some cases, even carbon neutral or negative. Capturing the methane from these waste sources and converting it into RNG keeps greenhouse gas emissions from entering the atmosphere and contributing to climate change and reduces the use of fossil fuels. RNG is one important tool to help reduce greenhouse gas emissions. A new economy-wide technical analysis, released by the energy company, underscores the essential role of RNG and other clean fuels and technologies like hydrogen and fuel cells will play in a carbon-neutral California. The analysis offers solutions for the hard-to-abate transportation sector and supports existing state climate and energy policies. SoCalGas is currently working with the SunLine Transit Agency to test two technologies that will produce hydrogen from renewable natural gas at SunLine Transit Agency's hydrogen fueling station in Thousand Palms, California. The research project, called " H2 SilverSTARS," will produce renewable hydrogen to fuel SunLine's fleet of 21 hydrogen fuel cell electric buses. In March, in support of California's climate goals, SoCalGas became the largest gas distribution utility in North America to set a net zero emissions target that includes scopes 1, 2, and 3 GHG emissions. SoCalGas' Aspire 2045 strategy aligns with the recommendations of the Paris Climate Agreement and reflects the company's focus on supporting California with a resilient gas grid through the energy transition to support a carbon neutral economy. 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 the goal of 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. 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

Introducing Sempra Infrastructure

With a view towards creating a larger platform to capture new opportunities that support the energy transition and invest in the energy systems of the future, Sempra Infrastructure consolidates Sempra LNG and Infraestructura Energética Nova S.A.P.I. de C.V. (IEnova). “Sempra Infrastructure is well positioned to continue the development of large-scale energy infrastructure, and we plan to build on that momentum as we innovate and explore opportunities in new technologies while supporting the energy needs of our customers in the U.S., Mexico and around the world,” said Justin Bird, CEO of Sempra Infrastructure.

Sempra Infrastructure Announces Key Executive Appointments

SAN DIEGO, Nov. 3, 2021 /PRNewswire/ -- Sempra Infrastructure announced today key executive leadership appointments following the consolidation of Sempra LNG and Infraestructura Energética Nova S.A.P.I. de C.V. (IEnova) with a view towards creating a larger platform to capture new opportunities that support the clean energy transition and invest in the energy systems of the future. Justin Bird, currently chief executive officer (CEO) for Sempra LNG, has been named CEO of Sempra Infrastructure. In his role, Bird will lead the North American energy company as it works to create scale, unlock portfolio synergies, drive growth and help facilitate the global energy transition through three growth platforms: clean power, energy networks, and LNG and net-zero solutions. "Sempra Infrastructure is well positioned to continue the development of large-scale energy infrastructure, and we plan to build on that momentum as we innovate and explore opportunities in new technologies while supporting the energy needs of our customers in the U.S., Mexico and around the world," said Bird. "We are excited to have assembled a highly talented and proven leadership team with demonstrated ability of developing and executing world-class infrastructure projects." Dan Brouillette, former U.S. Secretary of Energy, has joined the executive team as president of Sempra Infrastructure. Brouillette brings an extensive leadership background in the public and private sector, having served in key leadership roles at USAA, Ford Motor Company, and federal and state governmental agencies. Tania Ortiz Mena, currently CEO of IEnova, has been named group president, clean power and energy networks. In her role, Ortiz Mena will lead the company's activities related to clean power generation, as well as natural gas transportation and distribution, and fuel storage facilities in North America. Reporting to Ortiz Mena will be Carlos Barajas, senior vice president and chief business officer for clean power, and Carlos Mauer, senior vice president and chief business officer for energy networks. Lisa Glatch, currently president and chief operating officer of Sempra LNG, has been named president, LNG and net-zero solutions, where she will lead the company's business activities related to LNG infrastructure, hydrogen, carbon sequestration and next-generation energy technologies. Also reporting to Bird will be Carolyn Benton Aiman, senior vice president and chief legal officer; Randall Clark, senior vice president and chief human resources officer; and Faisel Khan, senior vice president and chief financial officer. Each previously held similar roles at Sempra LNG. "We are confident that our executive leadership will continue operating and developing the next generation of infrastructure with an unwavering focus on safety," added Bird. Last month, Sempra completed the sale of a non-controlling, 20% interest in Sempra Infrastructure to KKR. Sempra Infrastructure investments include more than 1,500 megawatts of clean power, more than 4,500 miles of natural gas transportation and distribution pipelines, 12 million tonnes per annum of natural gas liquefaction in operations, plus a leading growth platform for energy infrastructure in North America. Sempra Infrastructure develops, builds, operates and invests in critical infrastructure to meet the world's energy and climate needs. About Sempra Infrastructure At Sempra Infrastructure, we deliver energy for a better world. Through the combined strength of our assets in North America, we are dedicated to enabling the energy transition and beyond. With a continued focus on sustainability, innovation, world-class safety, championing people, resilient operations and social responsibility, our more than 2,000 employees develop, build and operate clean power, energy networks and LNG and net-zero solutions, that are expected to play a crucial role in the energy systems of the future. For more information about Sempra Infrastructure, please visit www.SempraInfrastructure.com. 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: decisions, investigations, regulations, issuances or revocations of permits and other authorizations, and other actions by (i) the Comisión Federal de Electricidad, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission 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; 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; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; 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 impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; cybersecurity threats to the 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; 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 at www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure is not the same company as San Diego Gas & Electric or Southern California Gas Company, and neither Sempra Infrastructure nor any of its subsidiaries are regulated by the California Public Utilities Commission. SOURCE Sempra Infrastructure

Sempra’s Dedication to Board Diversity

At Sempra, we believe that diversity and inclusion within our teams brings a greater variety of perspectives, leads to better decision-making and creates superior outcomes for our businesses. This commitment to cultivating diverse voices starts with our board of directors. “Inclusivity isn’t just a metric, it’s a mindset. At Sempra, we believe diversity allows for a much richer conversation, with varied viewpoints, and leads to better business decisions,” said Jennifer Jett, vice president, governance and corporate secretary. “We’re proud of the progress we have made and are committed to further advancing our commitment to diversity throughout our family of companies. Fostering diversity and inclusion is important to good governance, it’s the right thing to do, and it just makes sense.” Sempra’s 12-member board of directors is composed of 58 percent women and/or people of color. For the past 20 years, we have worked to improve gender diversity on the board with a sense of purpose. Remarkably, a 2020 Spencer Stuart U.S. Board Index report found that women represented only 28 percent of boards at Standard & Poor’s (S&P) 500 companies. Sempra’s board is 33 percent female. Board celebrated for its diverse composition Sempra’s position as a leader in promoting gender diversity in the boardroom was recently recognized by 50/50 Women on Boards, an organization driving the movement toward gender balance and diversity on corporate boards. The organization applauded Sempra and the accomplishments of its four female board members, Maria Contreras-Sweet, Bethany Mayer, Cynthia Walker and CJ Warner. The October issue of Savoy Magazine recognizes William Jones in its “Most Influential Black Corporate Directors” roundup. Jones has served on the Sempra board since Sempra's inception in 1998 and on the SDG&E board for four years before that. The numbers for black directors serving on the S&P 500 boards are, fortunately, improving — with now 32 percent representation. That is up from 11 percent in 2019, according to a study by the Alliance of Board Diversity and the consulting firm Deloitte. Adding to the list of accolades was the summer issue of Latino Leaders Magazine. Board members Andrés Conesa, Maria Contreras-Sweet and Pablo Ferrero were featured as Top Latinos in Energy in its May/June 2021 issue. The same issue also included Nelly Molina, Sempra’s vice president of investor relations. Incidentally, Latinos make up 18.5 percent of the U.S. population but hold only 3 percent of board seats on the 2020 Fortune 1000 list, according to a report by KPMG. Committed to ongoing inclusiveness and diversity Sempra is proud of its ability to foster a diverse board. Diversity is a crucial factor for thriving companies with engaged, high-performing workforces. Each of Sempra’s directors helps inform the company’s business and culture, including the policies that guide our operations. “People may not be aware of how much the board influences the corporate culture,” Jett said. “A diverse board, with varied experiences and backgrounds, can help shape the tone and culture of the company and help ensure all voices are heard.” As Sempra advances a better future for all, we are and will continue to be guided by our values to do the right thing, champion people and shape the future, and our vision to deliver energy with purpose. With a diverse team at the helm, we believe we can help solve some of our society’s most pressing challenges.

SoCalGas Provides Useful Tips to Help Customers Save Energy and Money on Utility Bills as Cold Weather Approaches

LOS ANGELES, Oct. 29, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today offered useful tips to help customers save on natural gas usage and utility bills this winter. Cooler temperatures that began early this week will continue through the weekend, especially during the evening hours. During colder weather, customers on average experience a three to seven times increase in their natural gas usage and corresponding increases in utility bills as heating systems work harder to keep the temperature warm. In addition, this winter natural gas prices are higher across the country due to an increased demand for fuel. SoCalGas offers energy-saving tips and tools such as rebates, bill discounts, and customer assistance programs to help families and businesses conserve energy and save money this winter. SoCalGas' energy efficiency incentives and programs saved customers $44 million on their utility bills and reduced 211,000 metric tons of green-house gas emissions, enough energy to power 100,000 homes in Southern California for a year. "This winter, we are seeing a potential for an upward rise in natural gas wholesale market prices nationwide, with natural gas prices much higher this October compared to last year," said Brian Prusnek, director of customer programs and assistance at SoCalGas. "SoCalGas continues to use a suite of tools to secure the best possible prices for the natural gas we purchase on behalf of our residential and small business customers. Taking advantage of SoCalGas energy-saving programs and following some simple conservation tips can help customers manage their monthly utility bills." Heating can be one of the top energy expenses during the winter, accounting for more than 50 percent of a customer's total natural gas bills. Additionally, water heaters can account for 25 percent of natural gas use and can be significantly impacted during colder months as they work longer and harder to heat the colder water. Customers can take these steps to reduce natural gas usage and lower energy costs: Set the thermostat at 68 degrees during the day and 55 at night, if health permits. Lowering the thermostat three to five degrees can save up to 10 percent on heating costs. Clean or replace furnace filters according to manufacturer recommendations. Test air ducts for leaks. Leaky ducts can cost between 10 to 30 percent in heating costs. Install proper caulking and weather-stripping; this can save roughly 10 to 15 percent on heating bills. Fix leaky faucets and pipes. Hot water leaks cause increased demand on the water heater which increases natural gas use. One drop of water per second can waste 500 gallons of hot water per year. As a reminder, SoCalGas does not control the market price of natural gas and no additional profits are earned from higher natural gas prices. SoCalGas uses a suite of tools to secure the best possible prices for the natural gas we purchase on behalf of our residential and small business customers. Commodity costs are determined by the broader market and passed on directly to customers. Find more ways to save on natural gas bills, including SoCalGas' energy saving tool – Ways to Save, a free service which helps create a personalized savings plan that offers a household energy analysis, customized energy-efficiency recommendations, bill comparisons and energy usage comparisons at www.socalgas.com/waystosave. The utility also encourages individuals who are experiencing hardship to explore the many bill payment or assistance programs options offered by SoCalGas or call 1-800-427-2200. Customers may be eligible for one of many assistance programs including: California Alternate Rates for Energy (CARE): Eligible participants can save 20 percent on their natural gas bill. Socalgas.com/CARE Energy Savings Assistance Program (ESAP): Eligible customers can save energy and money through professional home improvements at no cost. Socalgas.com/Improvements Residential Advanced Clean Energy Program (RES DI): Eligible customers residing in single-family homes can receive a complimentary walkthrough energy assessment and installation of energy technologies to help conserve and lower energy usage. Arrearage Management Plan (AMP): Eligible customers can apply to have their past due balance forgiven. Learn more at www.socalgas.com/forgiveness. 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 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. 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 Employees Take the Bystander Challenge

At Sempra we prioritize diversity and inclusion because it is the right thing to do. We also know that when employees are encouraged and empowered to show up as their authentic selves, it elevates our performance as a company. We recently hosted Bystander Challenge sessions to further a sense of belonging for our employees. Hosted by the National Conflict Resolution Center (NCRC), 400 Sempra employees were trained in how to be an “upstander” instead of a bystander. Upstanders identify micro-aggressions, are effective allies in moments of conflict and follow up appropriately with all parties involved. “Being respected, valued, and having a sense of belonging matters across the Sempra family of companies,” said DeMiko Jones, diversity and inclusion advisor at SoCalGas. “Knowing that we are empowered to support the company’s values by being an upstander or an ally helps create a community of belonging where people feel psychologically safe to be their whole 100% selves.” NCRC suggests qualities such as empathy, courage, leadership and seeking justice for others are important to be an effective upstander. Sempra has zero tolerance for discrimination of any kind. These trainings remain an integral part of reconfirming that with employees and shaping our upstanding employee culture through encouraging, creating and sustaining an inclusive environment for all. “ Doing the right thing can sometimes mean being courageous, even if that means stepping out of my comfort zone to take a direct or indirect approach to de-escalate a situation,” said Jones. “Creating that kind of culture here at Sempra is top of my mind for the company and our leadership. This motivates me to do my part not only as an employee, but also as an ally and human being.” Learn more about our upstanding employee culture by browsing our D&I articles.

Sempra Foundation Donates Nearly $500,000 To Provide Cleaner Cook Stoves To Mexico Communities

SAN DIEGO, Oct. 28, 2021 /PRNewswire/ -- Sempra Foundation, founded by Sempra (NYSE: SRE) (BMV: SRE), has donated nearly $500,000 to Fundación Mozcalti to provide cleaner cook stoves to vulnerable and indigenous communities in support of energy access and emissions reductions in Mexico. More than 20,000 people in 28 communities will benefit from the project, with about 2,400 households receiving cook stoves in the states of Baja California, Chihuahua, Morelos, Nuevo León and Puebla. "At Sempra Foundation, we strive to advance social progress and economic inclusion by supporting energy access for those who lack vital resources," said Mitch Mitchell, director and vice chair of Sempra Foundation. "By providing cleaner cook stoves in Mexico, we are furthering our goal of building an equitable and cleaner future for all by enabling these families to prepare their meals safely and efficiently while also helping to reduce emissions." The cook stoves are replacing three-stone stoves or U-type stoves that openly burn firewood and are expected to reduce the consumption of firewood by about 9,000 tons per year. Burning firewood exposes these communities to smoke and indoor air pollution, especially affecting women and children who spend more time in the household. The cook stoves are also portable and can be used to prepare food to be sold at local markets, serving as a source of income and supporting the economic prosperity of the families and communities in these areas. Additionally, the cook stoves can be used as heaters for families who may not have another heat source during the winter months. Fundación Mozcalti – a nonprofit organization based in Tijuana, Baja California – has already delivered nearly 1,500 cleaner cook stoves in three states. The organization's mission is to empower vulnerable communities in Mexico with a focus on education, health, basic needs and social entrepreneurship. "We are so happy to work with Sempra Foundation on this project that will have direct, positive impacts on the lives in our most vulnerable communities in Mexico," said Martha T. Malagamba C., executive director of Fundación Mozcalti. "Many women and children are exposed to smoke from cooking with firewood and also spend significant time collecting fuel for cooking. The cleaner cook stoves will not only reduce the harmful smoke, but also give them more time to pursue education and other work." The project in Mexico is part of a broader commitment by Sempra Foundation to help improve lives and build stronger, more resilient communities by expanding energy access. Last month, Sempra Foundation announced a contribution to GRID Alternatives to install solar projects in Mexico to help improve energy access for vulnerable communities with environmental justice concerns. About Sempra Foundation Founded by Sempra in 2007, Sempra Foundation has long been focused on investing its energy and resources into efforts that make a real difference for people when they need it most. Sempra Foundation is exploring the issue of energy access by looking to understand energy poverty at a deeper level and determine how it can help shape a vibrant future for all going forward. The foundation also has a long history of investing in relief efforts when disasters strike, including wildfires, hurricanes, earthquakes and other events. Sempra Foundation encourages community engagement among the 19,000 employees who work for Sempra and its operating companies by matching employee contributions of time and money to any eligible 501(c)(3) charitable organization they choose to support, helping them to deliver their energy with purpose in communities. SOURCE Sempra

New Economy-Wide Decarbonization Analysis Details Key Role of Clean Fuels Network in Achieving California's 2045 Climate Goals

LOS ANGELES, Oct. 26, 2021 /PRNewswire/ -- A new economy-wide technical analysis released today by Southern California Gas Co. (SoCalGas) underscores the essential role that clean fuels like hydrogen and renewable natural gas (RNG) will play in a carbon-neutral California. SoCalGas' The Role of Clean Fuels and Gas Infrastructure in Achieving California's Net Zero Climate Goal examines the complexity of reaching 100% net zero emissions in California by 2045, and for the first time offers detailed solutions that include the clean fuels 1 infrastructure needed to support and accelerate decarbonization efforts. The analysis also offers solutions for the hard-to-abate transportation and industrial sectors and supports existing state climate and energy policies, including resilient and reliable electrification. "Climate change and the imperative to reduce and eliminate greenhouse gas emissions are driving a transformation of our nation's entire energy system," said SoCalGas President Maryam Brown. "Across the United States, electric and gas utilities are re-envisioning how they deliver the energy Americans need. SoCalGas, having set the goal to achieve net zero carbon emissions in everything we do by 2045, is leading the effort in California to accelerate a more equitable and affordable energy transition and to help establish Los Angeles as North America's first clean fuels hub." Key Findings and Analysis SoCalGas ' technical analysis highlights that a clean fuels network made, in part, by leveraging existing gas infrastructure to deliver clean fuels and to manage carbon can allow California to achieve its net zero goals more affordably and with less risk than pursuing other pathways. Key takeaways from the new technical analysis include: Electrification combined with clean fuels, carbon management, and technologies like fuel cells deliver the most affordable, resilient, and technologically proven path to full carbon neutrality. California, by leveraging the gas system to deliver clean fuels and to manage carbon, can reach 100% net zero goals more affordably, more equitably, and with less risk of power disruptions, customer conversion barriers, and technological limitations. Rapidly scaling up clean fuels initiatives today is vital to putting a clean fuels network in place in time to help California meet its climate goals. The faster stakeholders can collaboratively act to expand and accelerate clean fuels initiatives, the quicker California can decarbonize. The technical analysis supporting The Role of Clean Fuels and Gas Infrastructure in Achieving California's Net Zero Climate Goal builds on existing climate models used in similar studies previously commissioned by the California Air Resources Board and the California Energy Commission. In addition, the modeling work and results of the technical analysis released today were independently verified by scientists at leading research institutions. "Clean fuels, including green hydrogen, have an important role to play as California transforms to a carbon neutral economy over the next 20 years," said Jack Brouwer, director of the National Fuel Cell Research Center and Advanced Power and Energy Program at the University of California, Irvine. "As this analysis shows, a clean fuels network that carries decarbonized gas provides important features of lower cost, massive and long-duration storage, and resiliency that Californians demand." "Solving the carbon neutrality puzzle will take the work of many collaborators and numerous technologies to provide resilient, reliable and decarbonized energy, economy-wide," said Lew Fulton, Director of the Sustainable Transportation Energy Pathways Program, of the Institute for Transportation Studies at University of California Davis. "SoCalGas' in-depth analysis, building on previous studies, shows it can be done, with the development of a clean fuels network." "Carbon neutrality goals, whether local, regional or national, cannot be achieved without accounting for ways to decarbonize hard-to-abate sectors of the economy," said Erin M. Blanton, senior research scholar at the Center on Global Energy Policy at Columbia University's School of International and Public Affairs. "This analysis shows there is a way to achieve these goals, utilizing California's vast, existing, natural gas infrastructure." SoCalGas' technical analysis demonstrates that a clean fuels network helps support the most cost-effective, resilient, and lowest risk pathway to full carbon neutrality by: Supporting electricity decarbonization: As more solar and wind are integrated onto the grid, and as more end uses are electrified, a clean fuels network supports the reliability of the electric grid by providing indispensable, flexible, and dispatchable power at times when renewables are intermittent. Providing decarbonized energy for hard-to-abate sectors: clean fuels will be essential to decarbonizing hard-to-abate sectors of the economy like heavy-duty transportation and industrial activities, which currently account for ~20% of California's greenhouse gas emissions. Lowering risk through diversification: The analysis shows a diverse set of decarbonization levers reduces the risk of over-dependence on any one technology. Delivering a more affordable and equitable transition: The modeling reveals a clean fuels network is worth between ~$45- $75 billion in savings in transition costs compared to full, economy-wide decarbonization in 2045 with a no fuels network. SoCalGas Clean Fuel Initiatives SoCalGas is actively engaged in more than 10 pilot projects related to hydrogen and has partnered with the Green Hydrogen Coalition, Los Angeles Department of Water and Power (LADWP) and other key partners, on HyDeal LA, an initiative to achieve at-scale green hydrogen procurement at $1.50/kilogram in the Los Angeles Basin by 2030. SoCalGas is also testing and demonstrating transporting hydrogen using existing infrastructure and is collaborating with California's other gas utilities and with research institutions to develop a hydrogen blending standard for regulatory review. Aspire 2045 Earlier this year, in support of California's climate goals, SoCalGas became the largest gas distribution utility in North America to set a net zero emissions goal that includes scopes 1, 2, and 3 GHG emissions. SoCalGas' Aspire 2045 strategy aligns with the recommendations of the Paris Climate Agreement and reflects the company's focus on supporting California with a resilient gas grid through the energy transition to support a carbon neutral economy. To read SoCalGas' The Role of Clean Fuels and Gas Infrastructure in Achieving California's Net Zero Climate Goal, visit socalgas.com/cleanfuels. 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 approximately 50,000 miles of service 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 the goal of 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. 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. 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: decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S. in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) the ability to realize anticipated benefits from any of these efforts if completed, and (iii) 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 the 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 natural gas and natural gas storage capacity, including disruptions caused by 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 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; volatility in 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 the company 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. 1 Clean fuels are gases like green hydrogen, renewable natural gas, syngas, and biofuels, the production and combustion of which can be carbon-neutral or even carbon-negative. SOURCE Southern California Gas Company

SoCalGas Launches 2021 SoCal Climate Champions Grant Program

LOS ANGELES, Oct. 20, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the application window for its 2021 SoCal Climate Champions Grant program is now open. The program provides grants to non-profits organizations working to advancing climate solutions in Southern California. This year, SoCalGas will invest up to $400,000 in community programs, projects, and research that address climate solutions. The deadline for nonprofits to funding under the program is November 5, 2021. The SoCal Climate Champions Grant program is open to 501(c)(3) not-for-profit organizations that operate within and/or serve a community within the SoCalGas service territory. Special consideration will be given to submissions that serve communities of concern and K-16 students or educators and Title 1 schools. Additionally, the SoCal Climate Champions Grant may give special consideration for emerging and grassroots organizations that could thrive with additional support to execute or scale clean, safe, and innovative ideas. "At SoCalGas, we are committed to supporting organizations that are working to develop and implement community climate solutions," said Andy Carrasco, vice president of communications, local government and community affairs at SoCalGas. "Our SoCal Climate Champions Grant program is designed to invest in a future with net zero emissions through clean, safe, and innovative ideas that put people and communities first." SoCal Climate Champions Grant recipients will receive a $40,000 - $50,000 grant to be distributed by the end of 2021. In addition to receiving funding, recipients will also: Gain membership in a community of accomplished non-profit leaders from diverse programs Share their stories through the Climate Champions Initiative Be offered the aid of SoCalGas volunteers during their granting window Have the opportunity to apply for Phase 2 funding, following a six-month impact report North East Trees, a two-time grant recipient, used their 2019 grant to plant 300 drought tolerant trees and renovate an underutilized park within Romana Gardens, a public housing development in Boyle Heights. "Not only do trees beautify our community, but they also provide oxygen, improve air quality, lower depression and stress, and are beneficial to the environment in so many other ways. On behalf of North East Trees, I am proud of the growth that our Urban Greening in South LA project has had over the past few months, and the impact it has had on our community," said Joe Laskin, Project and Development Manager at North East Trees. "We thank SoCalGas for recognizing our work and for its generous contribution to our cause." Since 2015, the SoCal Climate Champions Grant has supported 150 nonprofits with $2 million in funding. This year, SoCalGas partnered with DoGoodery to help manage the program. For more information and to apply for the SoCal Climate Champions Grant, visit socalclimatechampionsgrant.com. 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 the goal of 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. 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

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