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Sempra To Report Second-Quarter 2021 Earnings August 5

SAN DIEGO, July 15, 2021 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its second-quarter 2021 earnings by 7 a.m. ET, Thursday, Aug. 5. Sempra executives will conduct a conference call at 12 p.m. ET, Thursday, Aug. 5. Investors, media, analysts and the public may listen to a live webcast of the conference call on the company's website, sempra.com, by clicking on the appropriate audio link. Prior to the conference call, a slide presentation detailing the earnings results also will be posted by 7 a.m. ET, Thursday, Aug. 5, on Sempra's website. For those unable to obtain access to the live webcast, it will be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 1398783, or it can be accessed on the company's website. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billion in total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North America serving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the "World's Most Admired Companies" for 2021 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at www.sempra.com and on Twitter @SempraEnergy. SOURCE Sempra Energy

SoCalGas and SDG&E Recognized on Nationwide List of 100 Best Places to Work in IT

LOS ANGELES and SAN DIEGO, July 12, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and San Diego Gas & Electric (SDG&E) – sister utilities in the Sempra family of companies – have earned a spot in the top 20 of Large Companies on the IDG Insider Pro and Computerworld's 2021 list of 100 Best Places to Work in IT. The list recognizes the 100 top organizations in the U.S. that create meaningful work for their IT staff while providing great benefits and compensation. "Our IT teams play an important role in making SDG&E and SoCalGas the most innovative energy companies in America. Being singled out as top-tier place to work speaks to our commitment to our employees – the culture that SDG&E and SoCalGas have created where our IT professionals feel empowered and have the tools they need to grow in their careers," said Ben Gordon, senior vice president, chief information officer, and chief digital officer for SoCalGas and SDG&E. "Despite the overwhelming obstacles the pandemic has created for many businesses, IT has managed to thrive and in fact, become more essential in the workplace. Attracting and retaining top IT talent to research, deploy and maintain technology has never been more critical," said Kate Hoy, editor of IDG's Insider Pro. "Companies that have earned a spot on the Insider Pro and Computerworld 2021 Best Places to Work in IT list have been able to foster nimble and flexible work environments – while continuing to keep competitive compensation and benefits steady. Additionally, they foster a spirit of diversity, social responsibility, training and innovation." The Best Places to Work in IT list is an annual ranking of the top 100 work environments for technology professionals by Insider Pro and Computerworld. The list is compiled based on a comprehensive questionnaire regarding company offerings in categories such as benefits, career development, training, and retention. In addition, IDG conducts extensive surveys of IT workers, and their responses factor heavily in determining the rankings. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. Over the past five years, the company invested nearly $7.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (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 SDG&E SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by providing its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region's infrastructure for generations to come. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@SDGE), Instagram ( @SDGE) and Facebook. San Diego Gas & Electric (SDG&E) and the Southern California Gas Company (SoCalGas) are separate companies. Each utility has a distinctive service area within the Southern California Region. SOURCE Southern California Gas Company; San Diego Gas & Electric

Sempra Provides Strategic Update And Financial Outlook At Virtual Investor Day

SAN DIEGO, June 29, 2021 /PRNewswire/ -- Today, Sempra's (NYSE: SRE) (BMV: SRE) senior management team is providing an update on the company's strategy, operations and financial outlook at its 2021 Virtual Investor Day. "Over the next decade, we see the economies of North America becoming increasingly integrated," said Jeffrey W. Martin, chairman and CEO of Sempra. "As a company, we are well positioned to build the critical energy infrastructure that will be needed to support new growth, while accelerating North America's transition to cleaner forms of energy. Our competitive advantage lies in our enterprise-wide commitment to innovation, sustainability and leadership." Sempra's three business platforms – Sempra California, Sempra Texas and Sempra Infrastructure – are strategically positioned in some of the largest economies in North America with a critical role in the energy future. The company's strategic priorities are centered on executing a $32 billion capital plan, strengthening the balance sheet and returning value to shareholders. Sempra's robust capital plan focuses on its utilities and provides strong visibility to future earnings growth. Earnings Guidance"In the last several years, we have realigned our portfolio with the objective of simplifying the business while improving our financial results – and it is paying dividends," said Trevor Mihalik, executive vice president and chief financial officer for Sempra. "Today, the strength of Sempra's balance sheet and a leading earnings growth profile bolster our mission to be North America's premier energy infrastructure company." Sempra is increasing its full-year 2021 GAAP EPS guidance range to $7.67 to $8.27 and increasing its full-year 2021 adjusted EPS guidance range to $7.75 to $8.35. Sempra is also announcing its full-year 2022 EPS guidance range of $8.10 to $8.70. Sempra CaliforniaSempra's California platform, San Diego Gas & Electric Co. (SDG&E) and Southern California Gas Co. (SoCalGas), are helping to decarbonize the state's energy system, while working to provide safe, reliable and cleaner energy to approximately 26 million consumers. Recent operating highlights include: Received a decision at SDG&E and SoCalGas in their Petition for Modification of the 2019 General Rate Case (GRC) establishing attrition rates for 2022 and 2023. This decision supports the constructive outcomes of the GRC, which was based on the Risk Assessment Mitigation Phase process and the continued delivery of safe and reliable service to customers. Announced goals at SDG&E and SoCalGas to achieve net-zero GHG emissions by 2045 across emission scopes 1, 2 and 3. Sempra TexasSempra's Texas platform includes Oncor Electric Delivery Co. LLC (Oncor) and Sharyland Utilities whose businesses continue to modernize and extend their transmission and distribution networks to connect customers to cleaner sources of electricity. Supported by increasing population growth in the Dallas-Fort Worth area, Oncor has continued to grow its customer base anchored by a strong commitment to safety, reliability and operational excellence. Oncor's recent operating highlights include: Added approximately 77,000 additional premises in 2020, the best organic growth for the company since 2007 and two times the national average. Achieved one of the highest safety records in the utility's history. Delivered top quartile reliability in 2020, ahead of its 2022 goal. Sempra InfrastructureSempra Infrastructure is well-positioned to advance growth opportunities by continuing to develop, build, and operate the energy systems of the future. The new business platform is expected to create increased shareholder value and provide an improved platform for innovation and potential new investments in renewables, hydrogen, green ammonia, energy storage and carbon sequestration. Through a series of transactions announced last year, Sempra formed Sempra Infrastructure, a strategic growth platform with an implied enterprise value of approximately $25.2 billion, including expected asset-related debt of $8.37 billion. In April, Sempra announced that it had entered into a definitive agreement to sell a non-controlling 20% interest in Sempra Infrastructure to KKR for $3.37 billion in cash, subject to adjustments. The sale is expected to close in the coming weeks. Additionally, in May, Sempra announced the completion of its exchange offer to acquire the outstanding shares of IEnova (Infraestructura Energética Nova, S.A.B de C.V.) not owned by Sempra. Sempra's ownership interest in IEnova increased to 96.4%, exceeding its initial target of 95% ownership of IEnova through the exchange offer. Sempra Infrastructure continues to advance its liquefied natural gas (LNG) projects under development and in operation, with a view toward improving energy diversification in foreign markets and supporting the global energy transition. Additionally, in Mexico, the company is currently operating and constructing approximately 1,000 megawatts of renewables projects with a development pipeline of nearly 3 gigawatts of cross-border solar, wind and battery projects. Utilizing Technology and Innovation to Drive Energy TransitionThe Sempra family of companies are focusing on the importance of innovation, technology and leadership to better serve customers, improve operational safety and efficiency, and support the modernization of energy systems. Notable examples over the past year include: SDG&E continued its top-tier wildfire mitigation efforts with a focus on innovation and weather science. The utility has invested more than $3 billion building a more wildfire resistant system, including implementing a robust weather network, using drone and satellite imaging for asset and vegetation management, and fire hardening its infrastructure assets. SoCalGas' H2 Hydrogen Home is the first project of its kind in the U.S. demonstrating how carbon-free gas made from renewable electricity can be used in pure form (or as a blend) to fuel the clean energy systems of the future. The project was recently named one of Fast Company's "World-Changing Ideas" in the North America category, which honors innovations for the good of society and the planet. Oncor inspects approximately 3,700 miles of electrical infrastructure each year with aerial technology capturing digital imagery to create 3D models of the transmission system to identify public safety concerns, component issues, property encroachments, and vegetation management issues. Sempra Brand Updated to Reflect Infrastructure-Focused Strategy Sempra has refreshed its brand to create better alignment with the company's North American infrastructure strategy, including removing "Energy" from its wordmark. Modernizing the brand also supports the company's vision to deliver energy with purpose, ideal of service to others and long-standing commitment to environmental stewardship. Sempra's new brand name will be effective with the New York Stock Exchange on July 2, 2021. The legal name of the company will continue to be Sempra Energy, doing business as Sempra. The company's common stock will continue trading under the ticker symbol "SRE." Non-GAAP Financial MeasureThis press release includes Sempra's 2021 adjusted EPS guidance range, which is a non-GAAP financial measure. See the appendix for additional information regarding this non-GAAP financial measure. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billion in total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North America serving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the "World's Most Admired Companies" for 2021 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at http://www.sempra.com and on Twitter @ SempraEnergy. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, 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 major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; the impact of the COVID-19 pandemic on our capital projects, regulatory approval processes, supply chain, liquidity and execution of operations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California, and the impact of volatility of oil prices on our businesses and development projects; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may 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, limitations on the withdrawal of natural gas from storage facilities, and equipment failures; cybersecurity threats to the energy grid, the storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra Energy's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. APPENDIX RECONCILIATION OF SEMPRA 2021 ADJUSTED EPS GUIDANCE RANGE (Unaudited) Sempra 2021 updated 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: $3 million impact from foreign currency and inflation and associated undesignated derivatives for the three months ended March 31, 2021 (1) $(29) million net unrealized losses on commodity derivatives for the three months ended March 31, 2021 Sempra 2021 Adjusted EPS Guidance Range is a non-GAAP financial measure (GAAP represents generally accepted accounting principles in the United States of America). 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. Full-Year 2021 Full-Year 2022 Sempra GAAP EPS Guidance Range 1 $ 7.67 to $ 8.27 $ 8.10 to $ 8.70 Excluded items: Impact from foreign currency and inflation and associated undesignated derivatives 2 (0.01) (0.01) - - Net unrealized losses on commodity derivatives 0.09 0.09 - - Sempra Adjusted EPS Guidance Range 3 $ 7.75 to $ 8.35 $ 8.10 to $ 8.70 Weighted-average common shares outstanding, diluted (millions) 4,5 315 323 1. On June 29, 2021, Sempra raised full-year 2021 GAAP EPS Guidance Range from $7.42 to $8.02, to $7.67 to $8.27. The range reflects the impact from foreign currency and inflation and undesignated derivatives and net unrealized losses on commodity derivatives for the three months ended March 31, 2021 and an increase in weighted-average common shares outstanding from recent IEnova exchange offer.2. Amounts include impacts recorded in equity earnings from our unconsolidated equity method investments. 3. On June 29, 2021, Sempra raised full-year 2021 Adjusted EPS Guidance Range from $7.50 to $8.10, to $7.75 to $8.35. 4. Weighted-average common shares outstanding reflects the conversion of the mandatory convertible series A preferred stock which converted on January 15, 2021, and series B preferred stock which will automatically convert on the mandatory conversion stock date of July 15, 2021. Share conversion rate assumed to be midpoint of conversion rates between the initial and threshold appreciation prices.5. Includes impact of IEnova exchange offer. 1. Amounts include impacts recorded in equity earnings from our unconsolidated equity method investments. SOURCE Sempra Energy

SoCalGas Awards More than $235,000 in Scholarships to Central and Southern California Students

LOS ANGELES, June 28, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the 2021 SoCalGas Scholarship recipients. This year, 56 students from Central and Southern California will receive a share of the more than $235,000 in college scholarships. Students who plan to attend a community college or trade school were awarded $1,000 scholarships and those who plan to attend a four-year college or university were awarded $5,000 scholarships. Recipients were evaluated on their academic achievements, community involvement and a personal statement regarding California's clean energy future. Since the program's inception in 2001, the utility has awarded over $2.9 million in scholarships to more than 2,270 students. Students majoring in science, technology, engineering, math (STEM), accounting and finance are given priority. This year, 86% of the scholarship recipients were students of color. "The SoCalGas Scholarship Program has helped bridge the educational gaps within our community and offer our younger generations with the opportunity to learn and develop," said Los Angeles Councilmember Joe Buscaino. "These scholarships will help create systematic change for equality and inclusion within our communities." "The future of our communities is tied to a highly skilled and educated workforce. It's important that we provide students with the support to build a strong foundation that will prepare them for higher education and opportunities," said Andy Carrasco, vice president of communications, local government and community affairs at SoCalGas. "Our communities are a vital part of our organization, and we believe strongly in nurturing the younger generation for a brighter future." Melea Earley, a graduate from La Serna High School, who will be attending Howard University with a major in Environmental Studies and a minor in African American studies said, "I am excited to address how social justice issues can relate, and impact environmental issues in society today. Thankfully with the opportunities and scholarship given to me by SoCalGas, I will be able to use it to further my research as I plan on tackling the injustices of environmental racism in the future." Briana Mercado, a graduate from Warren High School in Downey who will be pursuing a degree in Mechanical Engineering at the California Institute of Technology said, "I am very honored to have received the SoCalGas scholarship. I cannot wait to participate in research that will lead to creating more sustainable spacecraft and technology!" Sharina Batista, a graduate of Mt. San Jacinto College, who will be pursuing a degree in computer science and cybersecurity at California State University, Fullerton, said, "I am grateful for this opportunity. This scholarship means a lot to me. It will help me pay for college while pursuing my dreams." Kennedy Polk, a graduate of St. Mary's Academy, who will be pursuing a degree in computer science or computer programming at Seattle Pacific University said, "I am so thankful for this scholarship as it will help me buy the necessary requirements to compete with other computer science majors in my field of study. This scholarship will help alleviate some of the financial stress on my mother who has been pushing me to be the best I can be." In additional to providing academic scholarships, SoCalGas supports technology-based learning in STEM programs for kids in K-12 across the company's service territory. Last year, the company provided nearly $1.8 million in grants to hundreds of educational organizations in Central and Southern California. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. Over the past five years, the company invested nearly $7.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (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

Chairman and CEO Jeffrey Martin Named Director of the Year

This week, Sempra’s Chairman and CEO Jeffrey W. Martin was named Director of the Year by the Corporate Directors Forum for “Economic Value Creation.” Since being named Chairman and CEO in 2018, Martin is credited with transforming Sempra by updating the company’s investment strategy to focus on the growing importance of energy infrastructure in North America. “It is an honor to be recognized by the Corporate Directors Forum. In large measure, this award is a tribute to the overall strength of Sempra’s board of directors and their abiding focus on sound governance and long-term value creation,” said Martin. “At Sempra, we expect the economies of North America to become increasingly interdependent. Our company is uniquely positioned to build critical new energy infrastructure that is needed to support further market integration and a more rapid transition to cleaner forms of energy.” In 2018, Martin laid out a strategic plan to realign the company’s business activities around a bold new mission to build North America’s premier energy infrastructure company. Martin guided the divestment of Sempra’s non-core assets over a two-year period, while reinvesting proceeds into key growth markets — California, Texas, Mexico — and the liquefied natural gas (LNG) export market. By allocating capital investments into high quality transmission and distribution infrastructure, it has allowed the company to significantly improve its financial performance, while also improving the company’s market capitalization by over $17 billion since early in 2018. Additionally, Martin has spearheaded the development of new programs and initiatives to build a high-performance culture with a focus on operational safety, employee recognition, leadership development and diversity and inclusion. Due to his strategic vision, strong leadership and sharp focus on advancing a purpose-driven culture at Sempra, Martin was named Chief Executive of the Year by S&P Global Platts at its 22nd Annual Global Energy Awards in 2020. Delivering Long-Term Sustainable Value Sempra’s approach to managing its business is directly aligned with the value proposition of creating long-term sustainable value for shareholders, customers, employees and other stakeholders. Aligned with its commitment to innovation and sustainability, the company’s business strategy includes strong climate-related goals with a view toward accelerating North America’s transition to lower carbon energy systems. For two decades, the Sempra family of companies has been on a sustained path to decarbonize its business operations. About Corporate Directors Forum Corporate Directors Forum was founded in 1991 with the premise that boards of directors could perform better. They provide board-focused peer networking and director education in corporate governance “best practices” for those committed to continuous learning. Their mission statement is to help directors, and those who support them, build more effective boards through continuous education and peer-networking. This article 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 article. 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 article, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, 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 major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; the impact of the COVID-19 pandemic on our capital projects, regulatory approval processes, supply chain, liquidity and execution of operations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California, and the impact of volatility of oil prices on our businesses and development projects; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may 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, limitations on the withdrawal of natural gas from storage facilities, and equipment failures; cybersecurity threats to the energy grid, the storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.

Global Challenges Require Multinational Solutions

By Jeffrey Martin, Chairman and CEO of Sempra, and H.R. McMaster, Former U.S. National Security Advisor, Ret. Lt. General, United States Army and Senior Fellow at the Hoover Institution. This opinion piece initially appeared in Eurogas’ newsletter on June 17, 2021. More than a year after a pandemic brought global economies to a halt, many communities around the world are still reeling. Today, we are facing two formidable challenges: a post-COVID recovery and a climate crisis. Both require international cooperation and the acceleration to cleaner, affordable and reliable energy systems. With the United States re-joining the Paris Agreement, expanding cooperation between the U.S. and Europe holds renewed promise for greater alignment with other regions of the world as well as critical new innovations in the production, transportation and consumption of energy. But the Paris Agreement is just the start. Addressing the interconnected global challenges of reducing carbon emissions, ensuring access to clean energy, and improving food and water security will require a collaborative, systemic and holistic approach. Addressing one challenge at a time can exacerbate others and perpetuate rather than prevent the dangers of climate change. The priority action that has broad political and commercial appeal not only in prosperous nations, but also in developing economies, is to produce more energy for more people with lower carbon content. The development of cleaner and affordable energy overcomes one of the most fundamental flaws with climate proposals: single-country solutions. The International Energy Agency (IEA) concluded in its 2021 World Energy Outlook that unilateral approaches will not work. “In the absence of greater international cooperation, it will take several decades longer to reach net-zero emissions globally,” said IEA Executive Director Fatih Birol. Indeed, in the absence of commercially viable solutions to reduce greenhouse gas (GHG) emissions, China, India and other developing economies experienced a 1.5 percent increase in emissions per year in the four years following the signing of the Paris Agreement. Lowering Emissions, Fueling Growth There is another path forward. The U.S., which has long recognized that energy security is vital to national security, offers a case study on how to lower carbon emissions while fueling economic growth. The IEA’s 2020 World Energy Outlook noted that the U.S. led the world in the largest reduction of man-made GHG emissions over the last 20 years (down almost 1 gigaton from a 2000 peak). Expanding investments in renewable power generation while using abundant natural gas (with its lower emissions footprint) precipitated a dramatic decline in coal’s share of U.S. electricity generation. In just 12 years, coal-fired power generation went from providing nearly half of America’s energy to less than 22 percent. Even more remarkable is that these reductions took place at the same time as significant economic expansion and rising energy demand. By diversifying its energy supply to include lower- and zero-carbon fuels, the U.S. was able to ramp up electricity generation to support a doubling of its GDP while effectively lowering man-made emissions. Other countries can replicate that success. The impact of displacing coal was made even more clear in the recent Group of Seven (G7) call to halt all government support for the use of coal in power production. Committing to Energy Diversification The European Union’s (EU) commitment to energy diversification has yielded similar achievements. As the biggest importer of natural gas in the world, the EU has been a leader in the development of liquefied natural gas (LNG), its associated infrastructure and the creation of liquid and transparent natural gas markets. A recent S&P Global Platts story noted how Europe is steadily cementing a key leadership role in the global LNG trade: “Today, when talking about the future of European gas supply, LNG is firmly viewed as a core part of the supply stack; critical to meeting long-term demand,” the article said. No longer dependent on a few dominant suppliers, diversification of the EU’s natural gas supplies and a notable uptick in U.S. LNG imports has also supported market competitiveness and set the stage for maximizing further renewable penetration. Investing in the Future Over the next two decades, the greatest challenge lies outside the U.S. and EU. The IEA projects that emerging and developing economies, including China, will account for 90 percent of the growth in global GHG emissions. This projection highlights why access to affordable and diverse energy supplies is essential to reduce carbon emissions while supporting stable and prosperous economies. The growth of affordable renewable energy in these markets will help but ultimately only meet about 28 percent of the world’s total energy demand by 2050. Moreover, for countries with waning natural gas production, LNG offers an important way to continue expanding renewable energy. The U.S. and EU are poised to achieve quick wins for the climate by displacing coal and oil with natural gas not just in power grids, but also in manufacturing and other hard-to-decarbonize sectors. Smart, new infrastructure investments that enable these GHG reductions today will also propel tomorrow’s energy technologies. On the horizon is a hydrogen economy that can be powered with cleaner molecules as emerging technologies come online. This is the decisive decade for tackling climate change, and we are optimistic. Just as the rapid development of vaccines was foundational to overcoming the global pandemic, clean and adoptable energy solutions are essential to attacking the threat from climate change, while also overcoming other interconnected challenges to global security and prosperity. In conclusion, it is not a Hobson’s choice between economic growth and sustainable initiatives to mitigate climate change. Leadership and international cooperation with the right priorities can advance energy security, economic prosperity and environmental progress.

SoCalGas' H2 Hydrogen Home Named a Fast Company 2021 World-Changing Idea

LOS ANGELES, June 15, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and its H2 Hydrogen Home have been named one of Fast Company's World-Changing Ideas in the North America category. The award honors products, concepts, companies, policies, and designs that are pursuing innovation for the good of society and the planet. Entries are judged on impact, design, scalability, and ingenuity. SoCalGas' H2 Hydrogen Home is the first project of its kind in the U.S. aiming to show how carbon-free gas made from renewable electricity can be used in pure form or as a blend to fuel clean energy systems of the future. SoCalGas' H2 Hydrogen Home and 17 other projects were selected among thousands of submissions considered for the honor by Fast Company. "Our H2 Hydrogen Home demonstrates the important role of hydrogen in helping the state achieve its carbon neutrality goals," said Scott Drury, SoCalGas CEO. "As we lean into our mission to build the cleanest, safest, and most innovative energy company in America, we are proud that Fast Company agrees this project is a world-changing idea." "Innovative projects like SoCalGas' H2 Hydrogen Home help demonstrate how hydrogen can play an important role in California's clean energy future," said Sen. Bob Archuleta (D- Pico Rivera). "We congratulate SoCalGas for this recognition." The H2 Hydrogen Home, which will be built later this year in the city of Downey, is the first fully integrated demonstration project with solar panels, a battery, and electrolyzer to convert solar energy to hydrogen and a fuel cell to supply electricity for the home. Hydrogen will also be blended with natural gas and used in the home's heat pump HVAC unit, water heater, clothes dryer, and gas stove. The home will function and feel exactly like a regular home but use reliable and clean energy 24 hours a day, 7 days a week, 365 days a year. To learn more about SoCalGas' H2 Hydrogen Home, click here. Hydrogen is already helping to reduce emissions from the transportation sector and will soon be used by the Los Angeles Department of Water and Power (LADWP) to generate electricity. It can also be used to fuel hard-to-decarbonize industries. And energy experts found hydrogen provides an ideal solution for long-term storage of renewable energy on the larger grid as well. In March, SoCalGas became the largest gas distribution utility in North America to set a commitment to achieve net zero greenhouse gas (GHG) emissions in its operations and delivery of energy by 2045. A key component of that goal is to complete five hydrogen pilot projects by 2025, including the H2 Hydrogen Home. For more information on SoCalGas' sustainability efforts, visit www.socalgas.com/mission. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. Over the past five years, the company invested nearly $7.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (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 Energy Declares Common And Preferred Dividends

SAN DIEGO, June 15, 2021 /PRNewswire/ -- Sempra Energy (NYSE: 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 July 15, 2021, to common stock shareholders of record at the close of business on July 7, 2021. Sempra Energy's board of directors also declared a quarterly dividend of $1.6875 per share on the company's 6.75% Mandatory Convertible Preferred Stock, Series B, which is payable July 15, 2021, to preferred stock shareholders of record at the close of business on July 1, 2021. About Sempra Energy Sempra Energy's mission is to be North America's premier energy infrastructure company. The Sempra Energy family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billion in total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North America serving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexico and the LNG export market. Sempra Energy is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra Energy 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 Energy, please visit Sempra Energy's website at www.sempra.com and on Twitter @SempraEnergy. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, 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 major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; the impact of the COVID-19 pandemic on our capital projects, regulatory approval processes, supply chain, liquidity and execution of operations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California, and the impact of volatility of oil prices on our businesses and development projects; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may 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, limitations on the withdrawal of natural gas from storage facilities, and equipment failures; cybersecurity threats to the energy grid, the storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra Energy

Sempra Energy and National Renewable Energy Laboratory Collaborate to Advance Future Net-Zero Energy Systems

SAN DIEGO, June 10, 2021 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced it has signed a Memorandum of Understanding (MOU) with the U.S. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL), providing a framework for a joint effort to advance future net-zero energy systems. The MOU, which builds off nearly 10 years of ongoing collaboration, will continue current work researching and developing innovative solutions to help shape a lower-carbon future through technology and applications capable of withstanding increasing energy demand and broad adoption while advancing future innovation. "To achieve global carbon-neutrality, energy systems will need to transform dramatically over the coming decades. Our partnership with NREL drives forward a vision to advance the energy systems of the future by focusing on innovation and resiliency," said Lisa Alexander, senior vice president of corporate affairs and chief sustainability officer for Sempra Energy. "New investment and innovative partnerships are critical to developing solutions that will manifest a global energy transition while promoting economic growth and prosperity." "Building on our strong history of collaboration, we are excited to accelerate our work with Sempra to advance clean energy solutions," said Doug Arent, executive director for strategic public-private partnerships at NREL. "Researching key synergies across power, low carbon fuels and industrial sectors are expected to provide critical innovations toward realizing a low carbon, equitable, affordable, secure and reliable energy economy." Sempra Energy and NREL have been collaborating for nearly a decade on cooperative and multi-year projects exploring the development, access and integration of low-carbon fuels and microgrid technology. In 2013, Sempra Energy's subsidiary San Diego Gas & Electric Co. (SDG&E) and NREL joined to establish the nation's first utility-owned community microgrid in Borrego Springs, Calif., connected to a local 26-megawatt solar field (owned by a third party), two battery storage systems, two generators, and an ultracapacitor. The microgrid, which is being upgraded so that it can operate on 100% clean energy, was designed to provide consistent power flowing to the remote desert town during emergencies and planned outages on the larger grid. In 2017, Sempra Energy's subsidiary Southern California Gas Co. (SoCalGas) and NREL partnered to create, validate and integrate the nation's first carbon-free, power-to-gas pilot-system. The technology takes excess electricity and converts it to hydrogen, which can be used, stored, or combined with carbon dioxide and fed to a bioreactor to produce renewable natural gas (RNG). This innovative technology could provide North America with a large-scale, cost-effective solution for storing excess energy produced from renewable sources. Additionally, Sempra Energy and NREL have coordinated efforts to research the impacts of hydrogen blending in natural gas networks, and studied potential pathways for wholesale market access to hydrogen production facilities. Under the MOU, which is not legally binding but sets forth a framework for cooperation, Sempra Energy and NREL will coordinate and share objectives focused on: Advancing artificial intelligence to scale solutions across the U.S. and enable cities to reach clean energy goals; Integrating low-carbon fuel solutions, including hydrogen, renewable natural gas, carbon capture, utilization and sequestration, and fuel cells; Exploring innovative solutions towards 100% renewable energy communities, requiring and implementing smart and enhanced controls, integration and operational capabilities as a blueprint for expansion; Enhancing electric grids with technology that upgrades the infrastructure with a focus on reliability, connectivity and security; and Promoting viable net-zero solutions that are delivered with equity and widespread community access. In its current work, Sempra Energy and its operating companies, including SoCalGas and SDG&E, are also exploring the decarbonization of regional and industrial hubs, or industrial clusters, to mitigate carbon emissions from industrial processes – such as manufacturing, steel and chemicals – that cannot be electrified. The companies, in partnership with NREL and the U.S. Department of Energy, are researching integrated solutions that may enable these sectors to achieve significant emissions reductions, while maintaining productivity, creating jobs, and fostering healthier communities. Sempra Energy looks forward to working with NREL to help decarbonize industries, homes and energy and transportation systems, while continuing to deliver resilient, reliable and sustainable energy in every market it serves and to consumers around the world. About Sempra EnergySempra Energy's mission is to be North America's premier energy infrastructure company. The Sempra Energy 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 each market it serves, including California, Texas, Mexico and the LNG export market. Sempra Energy is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety and diversity and inclusion. Sempra Energy 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 Energy, please visit Sempra Energy's website at www.sempra.com and on Twitter @SempraEnergy. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, 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 major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; the impact of the COVID-19 pandemic on our capital projects, regulatory approval processes, supply chain, liquidity and execution of operations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California, and the impact of volatility of oil prices on our businesses and development projects; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may 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, limitations on the withdrawal of natural gas from storage facilities, and equipment failures; cybersecurity threats to the energy grid, the storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on the company's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra Energy

Recruiting, Retaining and Engaging Our Workforce

The Sempra companies’ more than 19,000 employees power the lives of more than 36 million consumers in California, Texas and Mexico. We work to recruit and retain talented and motivated employees. The energy industry is a dynamic space where some of the brightest and most innovative people come to do challenging work that makes a difference. Several factors are important to recruitment and retention, including our: Vision, mission and values. These provide a clear sense of purpose: how we do business and what matters to us. Strong and consistent financial performance, attractive compensation and benefits, top-tier workforce and safe work locations. Focus on employee development. We encourage employees to seek new challenges within the company or at our operating companies. We also train employees to help ensure they have the skills to meet the needs of our changing industry. Work in our communities to promote Science, Technology, Engineering and Math (STEM) education that helps ensure a qualified and diverse pool of new candidates. Our employees know that a career at Sempra is an opportunity to make an impact. Our human resources and organizational development teams provide the leadership and partnership necessary to achieve individual success while driving strategic business objectives. We recruit, retain and engage our workforce through the following process: Acquiring We strive to be a leader in acquiring a diverse, world-class talent pool to lead the organization into the future and to help ensure that Sempra’s people continue to be its greatest asset. Developing We create success by providing opportunities and resources necessary to expand employees’ knowledge and skills while promoting an environment that supports individual and organizational success. The company offers a leadership development framework with paths available for emerging, moderately experienced and seasoned leaders. The framework includes path-specific coursework, suggested readings, an assessment and a situation interview-based competency exam. We also encourage employees to play an active role in their career development. Opportunities include: Creating a career development plan that includes short- and long-term goals and discussing this plan with their manager. If desired, employees may meet with an organizational development coach to get additional guidance on their career path. Keeping their career accomplishments and interests up to date on the company intranet so they can be matched with available opportunities as they arise. Exploring online or in-person training opportunities to strengthen their skills in areas critical to the company’s continued success, including leading change, inspiring trust, building talent, acting strategically and exercising good judgment. Motivating We foster an environment where quality leadership, clear organizational and individual goals, and performance-based rewards support employees in their efforts to perform to the best of their capabilities and in the best interests of Sempra. Retaining We believe that retention starts with the right fit between the individual, the job and the company. It continues with solid reward programs, career challenges and superior leadership to make Sempra a great place to work. Transitioning We promote an agile workforce by supporting organizational changes and career transitions effectively, efficiently and with respect. We encourage employees to seek new challenges within the family of companies and we train employees to make sure they have the skills to meet the needs of our changing industry. We also offer entry-level financial, IT and engineering rotational programs to show employees how they might apply their skills in different areas of the company. As part of Sempra’s unwavering commitment to its values, we also remain committed to an inclusive workplace, where we embrace diverse views, backgrounds, and experiences. We will continue to demonstrate that commitment through concrete actions to advance that culture and maintain a workplace where everyone feels empowered to bring their authentic and best selves to work.

Sempra Energy To Hold Virtual Investor Day June 29

SAN DIEGO, June 9, 2021 /PRNewswire/ -- Sempra Energy's (NYSE: SRE) senior management team will provide an update on the company's business strategy, operational highlights and financial outlook at its virtual Investor Day event at 12 p.m. ET, June 29. Investors, analysts, media and the public may listen to a live webcast of the conference call on the company's website, sempra.com, by clicking on the appropriate audio link. Prior to the conference call, the presentation slides will be posted by 7 a.m. ET, Tuesday, June 29, to the investor section of Sempra Energy's website. A replay will also be available on the company's website within 24 hours after the event concludes. About Sempra EnergySempra Energy's mission is to be North America's premier energy infrastructure company. The Sempra Energy family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billion in total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North America serving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexico and the LNG export market. Sempra Energy is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra Energy 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 Energy, please visit Sempra Energy's website at www.sempra.com and on Twitter @SempraEnergy. SOURCE Sempra Energy

Sempra Recognized as a Top Utility for Diversity and Inclusion

For the 10th consecutive year, Sempra Energy was named to DiversityInc’s “Top Utilities” list, which recognizes companies across the nation for their practices related to hiring, retaining, and promoting women, minorities, people with disabilities, LGBTQ+ and veterans. “At Sempra, we are guided by our values and remain committed to building an inclusive workplace, where we embrace diverse views, backgrounds, and experiences,” said Karen Sedgwick, senior vice president and chief human resources officer for Sempra Energy. “Through concrete actions, we continue to advance our high-performance culture and maintain a workplace where everyone feels empowered to bring their authentic and best selves to work.” In addition to our inclusion as the second-highest ranking company on the “Top Utilities for 2021” list, Sempra Energy was ranked on four other specialty lists by DiversityInc: #3 – Top Regional Companies #12 – Top Companies for Talent Acquisition for Women of Color #13 – Top Companies for Board of Directors #40 – Top Companies for Environmental and Social Governance (ESG) Advancing a High-Performance Culture Sempra Energy's focus on building a high-performance culture across its family of companies is underpinned by our long history of promoting safety, advancing workforce training and development, and fostering an inclusive environment where diverse perspectives and backgrounds are embraced. The Sempra Energy family of companies offers a variety of programs to enhance diversity and inclusivity in the workplace, including 16 employee councils, mentorship programs, trainings and monthly educational webinars. Understanding that a commitment to diversity and inclusion starts at the top, Sempra Energy is a founding member of the CEO Action for Diversity & Inclusion initiative and a member of the Paradigm for Parity coalition, which promotes gender parity in the workplace. The company has held dozens of enterprise-wide and department-level conversations and engaged thousands of employees at all levels to actively participate in discussions on the impacts of racism. The feedback from these conversations provided a framework for our enterprise-wide action plan, a roadmap to improving equity in our workplace and in the communities we serve. Recently, we coined the phrase "#WeAreSempra" as short-hand to signify our values and related behaviors. Promoting an inclusive environment and embracing diverse backgrounds and perspectives remain integral parts of #WeAreSempra and our high-performance culture. About DiversityInc The mission of DiversityInc is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, when many corporations were beginning to understand the business value of diversity-management initiatives. DiversityInc is a VA certified veteran-owned business and a USBLN certified business owned by a person with a disability. Learn more at diversityinc.com.

LA Family Housing Communities Receive $150,000 in Energy Efficiency Upgrades Courtesy of SoCalGas Energy Savings Assistance Program

LOS ANGELES, May 26, 2021 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced it recently made over $150,000 in energy efficiency upgrades at four affordable housing communities owned by LA Family Housing, located in North Hollywood and Van Nuys. SoCalGas installed high-efficiency boilers, 120-gallon storage tanks for water storage, pipe insulation and more, assisting more than 220 residents. The work is part of SoCalGas' Energy Savings Assistance (ESA) program's Common Area Measures (CAM) effort to cut energy use and costs as well as improve the health, comfort and safety of residents living in low-income multifamily properties. "SoCalGas is pleased to provide these no cost upgrades for the residents at the LA Family Housing properties," said Gillian Wright, senior vice president and chief customer officer at SoCalGas and LA Family Housing Board Chair. "SoCalGas recently committed to reaching net zero greenhouse gas emissions by 2045 and taking steps like this will help us to reach this goal by reducing energy use while also helping make urgently needed affordable housing more comfortable." "LA Family Housing is so grateful for our incredible partnership with SoCalGas which has allowed us to upgrade outdated systems at four of our affordable housing properties." Said Stephanie Klasky-Gamer, President and CEO of LA Family Housing. "Because of SoCalGas's generous support, we were able to create more energy efficient and affordable residences for people in our community. It takes a village to end homelessness, and we're so grateful to have the SoCalGas team in our corner." The CAM initiative, through the Energy Savings Assistance Program, aims to provide low-income, deed-restricted properties with energy saving upgrades to their common areas at no charge. This includes replacing central boilers and water heaters. The offering is ratepayer funded and administered by SoCalGas at the direction of the California Public Utilities Commission. To qualify, the property must be deed-restricted, and the owner must certify that at least 65% of the resident households meet the ESA income guidelines. Energy efficiency services provided differ by utility and are limited to the communal areas, or common energy systems, of the residential building(s) or property. This program can be combined with the ESA in-unit offerings. In the last five years, SoCalGas' energy efficiency programs have generated over $1 billion in avoided energy costs and delivered more than 219 million therms in energy savings, enough natural gas usage for 548,000 households a year. These energy savings reduced greenhouse gas emissions by 1.15 million metric tons of carbon dioxide, equivalent of removing more than 250,000 cars annually. Overall, these measures have helped SoCalGas customers save over $241 million on their natural gas bill costs over the past five years. In 2020, the company's energy efficiency programs helped conserve more energy than any other natural gas utility in the U.S. SoCalGas' energy efficiency programs saved enough energy to power 100,000 homes in southern California for one year. The utility invests more in energy efficiency than any other local natural gas distribution company in the country and currently operates the largest natural gas energy efficiency program. Last March, SoCalGas announced its commitment to achieve net zero greenhouse gas (GHG) emissions in its operations and delivery of energy by 2045, reducing not only the company's own direct emissions, but also those generated by its customers to support a carbon neutral economy. SoCalGas' mission is to build the cleanest, safest, and most innovative energy company in North America. More information on the company's mission and strategic priorities can be found at socalgas.com/mission. 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 SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. Over the past five years, the company invested nearly $7.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (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

Energy Infrastructure Saves 41M Therms of Natural Gas

Advancing the Circular Economy, Sempra's energy infrastructure is reducing waste, reusing materials, and extending equipment life. Learn More

Sempra Energy Announces Results Of Exchange Offer For Publicly Owned Shares Of IEnova

SAN DIEGO, May 25, 2021 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced the expiration and final results of its exchange offer to acquire the outstanding shares of IEnova ( Infraestructura Energética Nova, S.A.B de C.V.) not owned by Sempra Energy. The exchange offer expired on May 24, 2021. Sempra Energy offered to exchange each outstanding IEnova ordinary share that it does not own for 0.0323 shares of Sempra Energy's common stock. Of the 433,242,720 IEnova ordinary shares eligible for participation in the exchange offer, 381,015,194 ordinary shares were validly tendered and accepted. In exchange for the ordinary shares, Sempra Energy will issue 12,306,777 shares of its common stock to the IEnova shareholders who participated in the exchange offer. Upon the settlement of the exchange offer, which is expected to occur on May 28, 2021, Sempra Energy's ownership interest in IEnova will be 96.4%. Sempra Energy achieved its target of exceeding 95% ownership of IEnova through the exchange offer. Accordingly, Sempra Energy is one step closer to achieving its goal of acquiring the remaining 3.6% interest. Also on May 28, 2021, Sempra Energy's common stock will begin to trade on the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de C.V. – "BMV"), and will continue to trade on the New York Stock Exchange. "We could not be more excited about our successful exchange offer and the prospect of listing our company's shares on the BMV. Many of Mexico's most successful companies are listed there," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "This is an important step forward in advancing our Sempra Infrastructure platform, which we expect will create scale, unlock portfolio synergies, highlight value and better position the business for growth." "Today's announcement advances our financial strength as part of the Sempra Infrastructure platform and bolsters our commitment to investing in the energy infrastructure needed to support Mexico's economic growth and overall success for many years to come," said Tania Ortiz, CEO of IEnova. The exchange offer is part of a series of transactions originally announced in December 2020 that are intended to simplify Sempra Energy's non-utility infrastructure investments under one self-funding platform, Sempra Infrastructure, combining the strengths of Sempra LNG, a leading developer of liquefied natural gas (LNG) export infrastructure, and IEnova, one of the largest private energy companies in Mexico and a leading developer and operator of renewables and natural gas infrastructure in that country. In April, Sempra Energy announced that it has entered into a definitive agreement to sell a non-controlling, 20% interest in Sempra Infrastructure to KKR for $3.37 billion in cash, subject to adjustments. About Sempra EnergySempra Energy's mission is to be North America's premier energy infrastructure company. The Sempra Energy family of companies have more than 19,000 talented employees who deliver energy with purpose to over 36 million consumers. With more than $66 billion in total assets at the end of 2020, the San Diego-based company is the owner of one of the largest energy networks in North America serving some of the world's leading economies. The company is helping to advance the global energy transition by enabling the delivery of lower-carbon energy solutions in each market it serves, including California, Texas, Mexico and the LNG export market. Sempra Energy is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture including safety, workforce development and training, and diversity and inclusion. Sempra Energy 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 Energy, please visit Sempra Energy's website at www.sempra.com and on Twitter @SempraEnergy. About IEnovaIEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2020, the company has more than 1,400 employees and approximately $10.5 billion in total assets, making it one of the largest private energy companies in the country. IEnova was the first energy infrastructure company to be listed on the Mexican Stock Exchange. Forward-Looking Statements This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. Forward-looking statements in this press release include any statements regarding the ability to complete the proposed transactions described herein on the anticipated timeline or at all, the anticipated benefits of these transactions if completed, the projected impact of these transactions on Sempra Energy's performance or opportunities, and any other statements regarding Sempra Energy's expectations, beliefs, plans, objectives or prospects or future performance or financial condition as a result of or in connection with these transactions. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "under construction," "in development," "target," "outlook," "maintain," "continue," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: the timing of the proposed transactions described herein; the ability to satisfy the conditions to closing these transactions; the ability to obtain regulatory approvals necessary to complete these transactions; the ability to achieve the anticipated benefits of these transactions; the effect of this communication on Sempra Energy's or IEnova's stock prices; transaction costs; the diversion of management time on transaction-related issues; the effects on these transactions of industry, market, economic, political or regulatory conditions outside of Sempra Energy's control; the effects on these transactions of disruptions to Sempra Energy's or IEnova's respective businesses; California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, 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 major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; the impact of the COVID-19 pandemic on our capital projects, regulatory approval processes, supply chain, liquidity and execution of operations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California, and the impact of volatility of oil prices on our businesses and development projects; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may 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, limitations on the withdrawal of natural gas from storage facilities, and equipment failures; cybersecurity threats to the energy grid, the storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, failure of foreign governments and state-owned entities to honor their contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra Energy's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra Energy

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