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25 years and going strong

Annual report to shareholders: Sempra is helping meet the world's decarbonization and energy security goals while delivering on energy infrastructure in 25 years of growth.

CA’s first public, DC fast chargers for electric medium and heavy-duty vehicles at a truck stop open for public use

Chargers near the U.S./ Mexico border speed up charging for trucks, delivery vans, buses and other large vehicles. SAN DIEGO, March 27, 2023 /PRNewswire/ -- Today, San Diego Gas & Electric, along with local and state officials, unveiled four public, direct current (DC) fast chargers at a busy truck stop just north of the Otay Mesa Port of Entry – the first of its kind to open at a truck stop in California to serve medium and heavy-duty vehicles. While these chargers are designed to provide high power charging for trucks, delivery vans, buses and other large vehicles, they can also be used to charge passenger cars. Installed at Truck Net LLC, 8490 Avenida de la Fuente, near the U.S./ Mexico border, the 250-kilowatt (kW) chargers can provide up to 250 miles per hour of charging for a passenger car. They can charge a typical medium-duty box truck from 20%-80% in about an hour and fully charge from empty to 100% in about two hours. The Otay Mesa Port of Entry is the busiest commercial border crossing in California, processing nearly one million commercial trucks and five million privately owned vehicles each year. Idling vehicles waiting to cross the border is a key contributor to air pollution in the San Diego region. "Reducing air pollution and tailpipe emissions are top priorities for our region and California especially in equity priority communities, and SDG&E is committed to building the infrastructure needed to enable businesses and residents to adopt electric vehicles and other clean technologies," said SDG&E CEO Caroline Winn. "We all share the goal of building a cleaner, more sustainable and healthier future." Winn was joined by several dignitaries at the event, including California Energy Commissioner (CEC) Patty Monahan; San Diego County Board of Supervisors Chair Nora Vargas, who serves on the California Air Resources Board and the County Air Pollution Control District board, in addition to being chair of the San Diego Association of Governments (SANDAG) board. "Air pollution doesn't recognize national boundaries, and to accommodate the transition to zero-emission trucks on both sides of the border, it's critically important that we rapidly scale up the charging network," said Commissioner Monahan. "The California Energy Commission is helping fund this project and others across the state to build a better and more equitable charging infrastructure system for both cars and trucks." The chargers are funded by a $200,000 grant through the CEC's Clean Transportation Program. Now in its 14th year, the program has been an essential part in making California a leader in zero-emission transportation, providing more than $1 billion to alternative fuel and vehicle technology projects that deliver health, environmental, and economic benefits to communities. Funding for the program is scheduled to phase out at the end of the year. SDG&E built the underlying infrastructure tying the chargers to the grid, as part of its Power Your Drive for Fleets program. The program connects fleet operators with resources and financial incentives to easily and cost-effectively design and install charging infrastructure for medium and heavy-duty fleets. Chair Vargas, who represents Otay Mesa and who is a leading champion of environmental justice and equity, emphasized the importance of reducing emissions in border communities and communities of color that have historically been overburdened by pollution due their proximity to high traffic corridors. "As a fronteriza and someone who has experienced first-hand the air pollution associated with long lines of idling vehicles waiting to cross the border, I am thrilled to see the electric vehicle chargers installed at this truck stop," said Supervisor Nora Vargas, chair of the San Diego County Board of Supervisors. "This is a true community infrastructure solution that proves that through public-private partnerships, we can improve poor air quality for families and children and promote economic prosperity for the binational region." The project helps support Gov. Gavin Newsom's executive order requiring sales of all new passenger vehicles to be zero-emission by 2035 and medium and heavy-duty vehicles (class2b-8) to be zero-emission by 2045 where feasible. According to the CEC, nearly a million battery-electric cars have been sold in California and nearly 2,000 zero-emission trucks and buses are on the road today. The state also has more than 80,000 public and shared private EV chargers. The vast majority, about 90%, are Level 2 chargers, which provide 14-35 miles of range per hour of charging. The remaining 10% are DC fast chargers. 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 (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@SDGE), Instagram ( @SDGE) and Facebook. For brief video clips of the media event please click here SOURCE San Diego Gas & Electric

SDG&E recognized by Chartwell for wildfire mitigation predictive modeling technology

The Wildfire Next Generation System (WiNGS) prioritizes mitigation efforts to help protect the region from the threat of wildfire SAN DIEGO, March 24, 2023 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) was recently honored with a "2023 Chartwell Best Practices Award" for developing and using the Wildfire Next Generation System, or WiNGS, to help protect communities it serves from regional wildfire risk. "We're very excited to present this award to SDG&E. Their Wildfire Next Generation System is exactly the kind of innovative program that Chartwell Awards were designed to highlight. We look forward to the opportunity for other utilities to learn from SDG&E's experience at PowerUp this summer," said Russ Henderson, Chartwell Director of Research. WiNGS is a cloud-based tool that combines visual representations of SDG&E's infrastructure with real-time weather data and information from wildfire mitigation initiatives, including but not limited to historical ignitions, tree strike analysis, wildfire modeling, Public Safety Power Shutoff (PSPS) probability and critical customer locations. The state-of-the-art system models climate scenarios and recommends grid hardening initiatives, like prioritizing and strategically undergrounding power lines in high-risk areas, to help prevent utility-related wildfires, reduce the likelihood and duration of PSPS, and mitigate the impacts of climate change. "We developed the Wildfire Next Generation System to provide decision makers with real-time information on scenarios and action plans to reduce the risk of wildfires during high winds and other extreme weather conditions," said Ben Gordon, SDG&E Senior Vice President, Chief Information Officer and Chief Digital Officer. "This system is also invaluable in making proactive decisions to prioritize wildfire prevention efforts." About WiNGS In November of 2021, SDG&E's IT Digital Innovation team partnered with the Wildfire Mitigation team to create a proof of concept to explore two goals: 1) to use data and analytics to produce visualizations that support Public Safety Power Shutoff (PSPS) decision-making by allowing users to run hypothetical scenarios based on changing requirements and parameters, like weather conditions and 2) support the Company's Wildfire Mitigation Program investments by providing SDG&E leaders and scientists with a geospatial view of recommended mitigation actions and associated risk reduction. "WiNGS has proven to be a vital tool to help us prioritize wildfire hardening projects based on robust fire science data and real-world situations," said Brian D'Agostino SDG&E Vice President of Wildfire and Climate Science. "The intel it provides allows us to strategically make infrastructure improvements that will continue to help reduce the risk of wildfire, as well as the impacts to our customers during Public Safety Power Shutoffs in the future." WiNGS has become another important tool in SDG&E's toolbox to reduce the chances of a utility-related wildfire and helps guide the development and implementation of its Wildfire Mitigation Plan (WMP) filed annually with the Office of Energy Infrastructure Safety. The WMP outlines the ongoing practices and additional improvements SDG&E will make to combat the effects of climate change and year-round wildfire threats. For more information on SDG&E most recent WMP, please visit sdge.com/2022-wildfire-mitigation-plan. About the Chartwell Best Practices Award Founded in 1993 and based in Atlanta, Chartwell, Inc, provides strategic utility-focused research and issue-targeted forums for collaboration among industry peers. The Chartwell Best Practices Award recognizes excellence among electric and gas utilities with respect to projects, programs and service initiatives. 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. SOURCE San Diego Gas & Electric

SoCalGas Exceeds State Goal for 30th Consecutive Year, Purchasing Nearly 43% of all Goods and Services from Diverse Businesses Last Year

Over $1 billion of 2022 spend was with minority, women, service-disabled veteran, and LGBT-owned businesses LOS ANGELES, March 22, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the company exceeded the California Public Utilities Commission's diverse spending goal for a 30 th consecutive year, purchasing nearly 43% of all goods and services from minority, women, service-disabled veteran, and LGBT-owned businesses in 2022. Last year, SoCalGas collaborated with 578 diverse businesses in support of the company's operations and mission to build the cleanest, safest, most innovative energy company in America. SoCalGas' full 2022 supplier diversity report, entitled Supporting a Sustainable Future in Clean Energy Through Diversity, Innovation and Collaboration, was filed with the CPUC earlier this month. "For 30 straight years we have exceeded the CPUC's diversity procurement goals, mainly through collaborations with hundreds of local businesses from Los Angeles, to the Central Valley, to the Inland Empire, helping to bolster the economies in the communities we serve," said SoCalGas Chief Executive Officer Scott Drury. "This milestone is a great example of how SoCalGas' commitments to equity, inclusion, and sustainability extend into the hundreds of California communities we're proud to serve." SoCalGas' ASPIRE 2045 sustainability strategy, includes an even bolder goal to achieve 45% spending with diverse business enterprises by 2025. Through a robust portfolio of programs, SoCalGas is working to increase diverse business participation especially among African American, Native American, LGBT, and veteran businesses—categories in which certified DBEs are historically underrepresented. Last year SoCalGas expanded outreach to hundreds of businesses, offering enhanced technical assistance and other programs to provide a bridge to business opportunities with SoCalGas today and in the future. As a result, 146 diverse businesses began working with SoCalGas for the first time in 2022. Additionally, 15 of SoCalGas' top 25 suppliers last year were diverse vendors, up from 13 in 2021. Over the last six years, SoCalGas spent nearly $5 billion with diverse business enterprises. In addition, many companies have benefitted from business development programs and services offered by SoCalGas' supplier diversity team. "Our journey began when we were enrolled in SoCalGas' Smaller Contractor Opportunity Realization Effort (SCORE) program in 2013," says Bianca Vobecky, president & CEO of Vobecky Enterprises Inc., an African American-owned firm that provides logistics services to SoCalGas. "The knowledge and training we received from this program helped expand our business and diversification into other areas like material procurement and project management. Working on SoCalGas projects, and with the supplier diversity team's unwavering advocacy, we've received more opportunities." Vobecky recently received a contract with SoCalGas in support of a fleet safety retrofit program. "SoCalGas continues to bring in new diverse suppliers, helping their growth, and contracting with nearly 90% of diverse businesses that are headquartered in our state. They understand that keeping dollars in our local businesses creates a greater impact in our diverse communities," said Dennis Huang, Executive Director and CEO, Asian Business Association, Los Angeles. "Thanks to our 36-year partnership with SoCalGas, we have been able to scale the business, employ more people, and develop a program that brings on diverse suppliers as subcontractors," said Henry Barber, president of Doty Brothers, a Hispanic-owned general engineering contractor. "One of the benefits of such a long-standing relationship is that SoCalGas gets a consistent, quality product for their customer base. For Doty Brothers, it's helped us stay in business, remain profitable and provide good-paying jobs." Last year, SoCalGas' Chief Executive Officer, Scott Drury, was named 2022 CEO Diversity Champion by the Southern California Minority Supplier Development Council (SCMSDC), which represents more than 1,500 certified minority-owned businesses. Drury was recognized by SCMSDC for embodying "the leadership needed to advance diversity and inclusion in contracting," and for featuring supplier diversity as a focus of SoCalGas' ASPIRE 2045 sustainability strategy. ASPIRE 2045 sets forth SoCalGas' goal to achieve net zero greenhouse gas emissions in the company's operations and delivery of energy by 2045, as well as goals related to safety, DE&I in the workplace, and investment in underserved communities. More information about SoCalGas' commitment to supplier diversity can be found in its 2022 Supplier Diversity Annual Report. SoCalGas invites diverse businesses to engage and learn more about the Supplier Diversity Program at socalgas.com/for-your-business/supplier-diversity. About SoCalGasHeadquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to over 21 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 aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. 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," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, http://www.sec.gov, and on Sempra's website, http://www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company

Sempra Launches Port Arthur LNG Project

Finalizes Joint Venture with ConocoPhillips Closes Non-Recourse Project Financing Announces Equity Participation by KKR Issues Final Notice to Proceed to Bechtel SAN DIEGO, March 20, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP (Sempra Infrastructure), reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. Sempra Infrastructure closed its joint venture with an affiliate of ConocoPhillips (NYSE: COP), as well as announced an agreement to sell an indirect, non-controlling interest in the project to an infrastructure fund managed by KKR. Additionally, Sempra Infrastructure announced the closing of the project's $6.8 billion non-recourse debt financing and the issuance of the final notice to proceed under the project's engineering, procurement and construction agreement. "At Sempra, we believe bold, forward-looking partnerships will be central to solving the world's energy security and decarbonization challenges," said Jeffrey W. Martin, chairman and chief executive officer of Sempra. "With strong customers, top-tier equity sponsors in ConocoPhillips and KKR and a world class contractor in Bechtel, this project has the potential to become one of America's most significant energy infrastructure investments over time, while creating jobs and spurring continued economic growth across Texas and the Gulf Coast region." "Sempra's selection of Port Arthur as the location for a new natural gas liquefication and export terminal is a strategic decision that will cement Texas' position as the energy capital of the world," said Texas Gov. Greg Abbott. "With a highly skilled workforce and business-friendly climate, and as a national leader in LNG exports, Texas is the prime location to expand LNG operations to unleash the United States' full economic potential in such a critical industry. Expanding LNG is imperative to American energy security, and the State of Texas looks forward to working alongside Sempra to advance this mission and bring more jobs and greater opportunities to hardworking Texans." The Port Arthur LNG Phase 1 project is fully permitted and is designed to include two natural gas liquefaction trains, two liquefied natural gas (LNG) storage tanks and associated facilities with a nameplate capacity of approximately 13 million tonnes per annum (Mtpa). Total capital expenditures for the Port Arthur Phase 1 project are estimated at $13 billion. The long-term contractable capacity of approximately 10.5 Mtpa is fully subscribed under binding long-term agreements with strong counterparties —ConocoPhillips, RWE Supply and Trading, PKN ORLEN S.A., INEOS and ENGIE S.A., all of which became effective upon reaching FID. Sempra Infrastructure is also actively marketing and developing the competitively positioned Port Arthur LNG Phase 2 project, which is expected to have similar offtake capacity to Phase 1. World-Class Partnerships Sempra and ConocoPhillips closed their joint venture whereby an affiliate of ConocoPhillips has acquired a 30% non-controlling interest in the project, is purchasing 5 Mtpa of LNG offtake from the project under a 20-year sale and purchase agreement and is managing the project's overall natural gas supply requirements. ConocoPhillips will also have certain rights to participate in future expansion projects in both equity and offtake. "Our strategic LNG partnership with Sempra will help supply growing global demand for natural gas, a lower greenhouse gas emissions-intensity fuel expected to play a critical role in the energy transition and global energy mix going forward," said Ryan Lance, ConocoPhillips chairman and chief executive officer. "ConocoPhillips has more than 60 years of experience with LNG, and we look forward to continuing to build our LNG portfolio and expanding our role in delivering a lower-carbon future that strengthens U.S. and global energy security." Sempra Infrastructure announced an agreement whereby KKR will acquire a 25% to 49% indirect, non-controlling interest in the Port Arthur LNG Phase 1 project. Pursuant to the agreement with KKR, Sempra Infrastructure will retain certain economic and other rights with respect to the interest being transferred while granting KKR certain minority interest protections. KKR is making the investment primarily through its Global Infrastructure Investors IV fund. "We are pleased to invest in this critical energy infrastructure project and extend our strategic partnership with Sempra and their world-class team," said James Cunningham, Partner at KKR. "Phase 1 will create new jobs, support American economic growth and deliver reliable and cleaner energy during the global energy transition. Consistent with KKR Infrastructure's strategy of seeking stable and predictable returns for investors, our investment in Phase 1 is backed by robust cash flows through long-term contracts with high-quality counterparties." Sempra Infrastructure is targeting 20% to 30% of indirect ownership interest in the project, subject to the closing of the KKR sale. For illustrative purposes, if Sempra Infrastructure's indirect ownership interest is at the midpoint of the referenced range, or 25%, Sempra Infrastructure would expect its share of average adjusted EBITDA after full commercial operations to be approximately $410 million annually and its equity commitment to be approximately $1.55 billion. Sempra's share of the above estimates would be equal to 70% of these amounts. The foregoing estimates exclude other potentially significant economic benefits associated with, among other items, the development of future phases and further optimization of the project. Sempra Infrastructure has contracted with global engineering, construction and project management firm Bechtel Energy Inc. and has issued a final notice to proceed for the project. The expected commercial operation dates for Train 1 and Train 2 are 2027 and 2028, respectively. "We're proud to partner with Sempra to deliver a world-class LNG facility. Building from mature, scalable energy technologies helps safeguard our energy supplies and promote the transition to lower-carbon energy," said Brendan Bechtel, Chairman and CEO of Bechtel. "Bechtel has a record of delivering LNG infrastructure on the U.S. Gulf Coast and bringing quality jobs and training opportunities to local communities. The 5,000 construction jobs this project creates will provide outstanding opportunities for craft professionals — growing a skilled workforce that will benefit the region for years to come." Local Benefits Sempra Infrastructure believes that building strong relationships and supporting the communities where its employees live and work is fundamental to how it does business. Moreover, the company focuses its community development initiatives on local priorities including education and leadership development, environmental stewardship and safety. Since 2015, Port Arthur LNG has invested more than $40 million to support Jefferson County communities, including working with local vendors to procure materials and services for the relocation of a 3.5-mile portion of Highway 87 and on grants to more than 60 local non-profits, schools and business development groups. The Phase 1 project is another significant opportunity to expand Sempra Infrastructure's economic impact. The project is expected to create an estimated 5,000 highly skilled jobs during construction and boost the economies in Port Arthur and Jefferson County. "Sempra has long been an economic driver for Jefferson County here in Southeast Texas, and this new Port Arthur LNG facility will continue that trend by bringing thousands of jobs, new markets for natural gas and more energy security for our nation," Speaker of the Texas House of Representatives Dade Phelan said. "Texas House District 21 is proud of this latest development that showcases our great state's leadership in economic development, job creation and energy production." The successful completion of the KKR sale is subject to regulatory approvals and other customary closing conditions, and the completion of construction of Port Arthur LNG Phase 1 is subject to a number of risks and uncertainties. Additional details about these transactions can be found in the current report on Form 8-K Sempra filed with the U.S. Securities and Exchange Commission on March 20, 2023, as well as in the informational slides on the Investors section of Sempra's website at sempra.com/investors. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) is a non-GAAP financial measure (GAAP is generally accepted accounting principles). Citi advised Sempra on various aspects of the transaction and J.P. Morgan Securities LLC acted as advisor on the project financing. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of nearly 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California, Texas, Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety and operational excellence, leadership and workforce development and diversity and inclusion. Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability North America Index for the 12th consecutive year. More information about Sempra is available at sempra.com and on Twitter @Sempra. About Sempra Infrastructure Sempra Infrastructure delivers energy for a better world. Through the combined strength of its assets in North America, the company is dedicated to enabling the delivery of cleaner energy for its customers. With a continued focus on sustainability, innovation, world-class safety, championing people, resilient operations and social responsibility, its more than 2,000 employees develop, build and operate clean power, energy networks and LNG and net-zero solutions that are expected to play a crucial role in the energy systems of the future. For more information about Sempra Infrastructure, please visit www.SempraInfrastructure.com and Twitter. 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 or implied in any forward-looking statement. 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 otherwise. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: California wildfires, including that we may be found liable for damages regardless of fault and that we may not be able to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, rates from customers or a combination thereof; decisions, investigations, inquiries, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), Comisión Reguladora de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, and other governmental and regulatory bodies and (ii) the U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; litigation, arbitrations, property disputes and other proceedings, and changes to laws and regulations, including those related to the energy industry in Mexico; cybersecurity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; our ability to borrow money on favorable terms and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook or (ii) rising interest rates and inflation; failure of foreign governments, state-owned entities and our counterparties to honor their contracts and commitments; the impact on affordability of San Diego Gas & Electric Company's (SDG&E) and Southern California Gas Company's (SoCalGas) customer rates and their cost of capital and on SDG&E's, SoCalGas' and Sempra Infrastructure's ability to pass through higher costs to current and future customers due to (i) volatility in inflation, interest rates and commodity prices, (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of the clean energy transition in California, (iii) with respect to SDG&E's business, departing retail load resulting from additional customers transferring to Community Choice Aggregation and Direct Access, and (iv) with respect to Sempra Infrastructure's business, volatility in foreign currency exchange rates; the impact of climate and sustainability policies, laws, rules, disclosures, and trends, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; our ability to incorporate new technologies into our businesses, including those designed to support governmental and private party energy and climate goals; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, pipeline system or limitations on the withdrawal of natural gas from storage facilities; 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; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, nor regulated by the CPUC. SOURCE Sempra

Employees unite with Sempra Foundation to raise over $5 million for charity

Energy company, Sempra, and energy employees raise millions for charity, while supporting education, environment, Alzheimer's, and more.

Women's History Month: Women who shaped the energy industry

Clean energy company, Sempra, celebrates Women's History Month, highlighting women who have advanced renewable energy, including Edith Clark, and Lei Cheng.

~$140M in debt relief provide to SDG&E customers over the past three years

SAN DIEGO, March 3, 2023 /PRNewswire/ -- Recognizing the financial hardships brought on by inflation, the lingering effects of the COVID pandemic and the recent surge in winter heating bills driven by natural gas market volatility, San Diego Gas & Electric has redoubled its efforts to help its customers by securing and offering debt relief, as well as various bill assistance programs. Since 2020, SDG&E customers have received about $140 million in debt relief – a combination of state and federal resources that SDG&E has either played a role in securing, administering, or processing. This consists of nearly $114 million SDG&E applied for and secured on behalf of its customers via the California Arrearage Payment Program to offset customers' outstanding bills incurred between March 4, 2020 and Dec. 31, 2021; more than $10 million processed through the federally funded Low-Income Home Energy Assistance Program (LIHEAP) to offset overdue bills; and more than $15 million forgiven under the Arrearage Management Payment Plan. Additionally, SDG&E has run multiple marketing campaigns and collaborated with many nonprofit, community-based organizations to publicize a variety of assistance programs. About a third of SDG&E customers are enrolled in assistance programs ranging from bill discounts to debt forgiveness to payment arrangements. "Inflation, the lingering effects of the pandemic, and the recent unprecedented conditions in the natural gas market have caused financial strain for our customers," said SDG&E Vice President of Customer Services Dana Golan. "Our priority is to help them get the financial relief they need through a variety of assistance programs." Numbers at a Glance ~ 354,000 SDG&E customers are currently enrolled in the CARE program, which offers 30% or more in bill discounts for income-qualified customers. More than 12,000 customers, who don't qualify for the CARE discount, are enrolled in the FERA program, which offers an 18% discount on electric bills. Nearly 11,600 customers are enrolled in the Arrearage Management Payment Plan, a 12-month payment plan that forgives up to $8,000 in utility debt. Nearly 50,000 customers are currently enrolled in payment installment plans. Nearly 70,000 customers are enrolled in the Medical Baseline Program, which provides a higher allowance of electricity at a lower cost for eligible customers who depend on certain medical devices for their health. More information about assistance programs can be found at sdge.com/assistance. SDG&E Shareholder-Funded Assistance Programs Recently, SDG&E also announced $16 million in relief for customers and in community assistance funds. As part this commitment, SDG&E will fund a new $10 million program to support local nonprofit, community-based organizations that provide essential services to vulnerable residents. The company is also immediately increasing funding for its Neighbor-to-Neighbor bill assistance program to $6 million while doubling the amount of financial support available to each qualifying household (from $300 to $600 per year) and expanding eligibility to ensure more customers can take advantage of the program. CA Climate Credit Offsetting February and March Bills SDG&E customers are also seeing some bill relief in February and March, thanks the California Climate Credit. SDG&E worked with regulators to move up the timing of the natural gas and electric climate credit to help offset winter bills. In February, natural gas customers received a $43.40 credit, and this month, electric customers will see a $60.70 credit. The California Public Utilities Commission moved up the timing of the climate credit to provide winter bill relief. 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 (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@SDGE), Instagram ( @SDGE) and Facebook. SOURCE San Diego Gas & Electric

Sempra Reports Fourth-Quarter 2022 Business Results

Achieved Strong Safety and Operational Results Targeting Port Arthur LNG Phase 1 FID Q1-2023 Affirming 2023 EPS Guidance Range Reiterating Long-Term 6-8% Compound Annual EPS Growth Rate SAN DIEGO, Feb. 28, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported fourth-quarter 2022 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $438 million or $1.39 per diluted share, compared to GAAP earnings of $604 million or $1.90 per diluted share in the fourth quarter of 2021. On an adjusted basis, fourth-quarter 2022 earnings were $743 million or $2.35 per diluted share, compared to $688 million or $2.16 per diluted share in the fourth quarter of 2021. The company also reported full-year 2022 GAAP earnings of $2.09 billion or $6.62 per diluted share, compared to $1.25 billion or $4.01 per diluted share in 2021, which includes after-tax charges associated with litigation and regulatory matters of $199 million and $1,148 million in 2022 and 2021, respectively. On an adjusted basis, the company's full-year 2022 earnings were $2.92 billion or $9.21 per diluted share, compared to $2.64 billion or $8.43 per diluted share in 2021. The reported financial results reflect certain significant items as described on an after-tax basis in the following table of GAAP earnings, reconciled to adjusted earnings, for the fourth quarter and full-year 2022 and 2021. (Dollars and shares in millions, except EPS) Three months ended December 31, Years ended December 31, 2022 2021 2022 2021 (Unaudited) GAAP Earnings $ 438 $ 604 $ 2,094 $ 1,254 Impact Associated with Aliso Canyon Litigation and Regulatory Matters — 16 199 1,148 Impact from Foreign Currency and Inflation on our Monetary Positions in Mexico and Associated Undesignated Derivatives 75 3 164 44 Net Unrealized Losses (Gains) on Derivatives 247 (129) 355 47 Net Unrealized Gains on a Contingent Interest Rate Swap Related to the Proposed Port Arthur LNG Phase 1 Project (17) — (17) — Costs Associated with Early Redemptions of Debt (1) — 122 — 122 Deferred Income Tax Expense Associated with the Change in our Indefinite Reinvestment Assertion Related to the Sale of Noncontrolling Interest to Abu Dhabi Investment Authority — — 120 — Net Income Tax Expense Related to the Utilization of a Deferred Income Tax Asset — 72 — 72 Earnings from Investment in RBS Sempra Commodities LLP — — — (50) Adjusted Earnings (2) $ 743 $ 688 $ 2,915 $ 2,637 Diluted Weighted-Average Common Shares Outstanding 316 320 316 313 GAAP EPS $ 1.39 $ 1.90 $ 6.62 $ 4.01 Adjusted EPS (2) $ 2.35 $ 2.16 $ 9.21 $ 8.43 1) Costs associated with early redemptions of debt include ($92M) at Parent and ($30M) at Sempra Infrastructure. 2) See Table A for information regarding non-GAAP financial measures and descriptions of adjustments. Common and Preferred Dividends Sempra's board of directors declared a $1.19 per share quarterly dividend on the company's common stock, which is payable April 15, 2023, to common stock shareholders of record as of March 22, 2023. The declared quarterly dividend represents an increase of the company's common stock dividend to $4.76 per share, on an annualized basis, from $4.58 per share in 2022. Additionally, Sempra's board of directors declared a semi-annual dividend of $24.375 per share on the company's 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series C. The preferred stock dividends will be payable April 15, 2023, to preferred stock shareholders of record at the close of business on April 1, 2023. Track Record of Disciplined Growth Over the last five years, Sempra has been successful in simplifying its business model and improving its position as a leader in some of North America's largest economic markets. Moreover, the company has increased the scope and scale of its three business platforms — Sempra California, Sempra Texas and Sempra Infrastructure. This has allowed the company to also increase its recurring cash flows and substantially improve its financial performance. Looking ahead, Sempra remains strategically focused on sustainable growth across its three business platforms underpinned by investments in energy infrastructure supporting electrification, lower carbon fuel sources and energy security in some of North America's leading markets. Across its various businesses, the company is pursuing a portfolio of opportunities to continue improving safety, bolstering reliability and supporting the delivery of increasingly clean and more affordable sources of energy. Sempra California Sempra California's San Diego Gas & Electric Co. (SDG&E) and Southern California Gas Co. (SoCalGas) achieved strong safety results in 2022 while continuing to enhance reliability and support California's ambitious clean energy goals. Throughout 2022, the utilities advanced strategic programs to better serve customers including modernizing their energy networks with a focus on safety, reliability and climate resiliency. SDG&E is advancing state-of-the-art wildfire mitigation and resiliency solutions to further reinforce community fire safety and electric system hardening efforts in the San Diego region. The utility has now hardened 100% of transmission assets in its Tier 3 high-fire threat areas and continues to work toward hardening the remaining areas vulnerable to the threat of wildfires. These enhancements include the completion of the Cleveland National Forest fire hardening and safety project, a $700 million decade-long collaboration with local, state and federal agencies to improve the fire resistance of electric infrastructure throughout approximately 880 square miles of SDG&E's service territory. SoCalGas achieved an important milestone for its Aspire 2045 strategy, receiving California Public Utilities Commission (CPUC) approval to establish a memorandum account to track the costs of feasibility studies for its Angeles Link green hydrogen infrastructure proposal. The CPUC also directed SoCalGas to include this green hydrogen infrastructure system proposal as part of California's application to the U.S. Department of Energy (DOE) for Hydrogen Hub federal funding. The ongoing general rate cases that SDG&E and SoCalGas filed with the CPUC in the spring of 2022 establish the foundation for future growth of this platform, and a proposed decision is scheduled to be issued in the second quarter of 2024. SDG&E and SoCalGas also received a final decision authorizing their cost of capital applications, which maintained their existing authorized equity layers and updated their costs of debt, and equity rates of return to 9.95% and 9.8%, respectively, for the 2023 through 2025 period, both subject to an existing adjustment mechanism. Sempra Texas In Texas, Oncor continues to demonstrate a strong commitment to safety and operational excellence while executing on its robust capital plan. Oncor advanced its operational execution in 2022, constructing new projects to support growth across Texas and increase reliability for the Electric Reliability Council of Texas (ERCOT) market. The utility placed more than $1 billion of transmission projects into service in 2022, including placement of 13 new substations and 18 new switching stations into service and approximately 340 miles of new or upgraded high-voltage transmission lines. Additionally, in 2022, Oncor experienced a 53% increase in active generation and retail transmission interconnection requests. This strong momentum is driven by continued high demand for renewable energy and business growth across Oncor's service territory. In addition, Oncor recently announced a new Vehicle-to-Grid (V2G) collaboration with Toyota Motor North America (Toyota) to study the impacts and benefits of V2G transactions on the grid. This V2G pilot project will examine the interconnectivity between Toyota battery electric vehicles (BEV's) and utilities, providing insight into the ways Oncor can reliably provide the necessary infrastructure to support growth of electric vehicles across Texas. This effort represents the first collaboration of its kind between Oncor and an automotive original equipment manufacturer and the first utility collaboration for Toyota around BEV's. Oncor continues to advance its base rate review with the Public Utility Commission of Texas and anticipates a final order to be issued around the end of the first quarter of 2023. Oncor's board of directors is expected to review a long-term financial plan following receipt of a final order in the base rate review. Sempra Infrastructure Sempra Infrastructure is advancing its three integrated business lines — liquefied natural gas (LNG) and net-zero solutions, energy networks and clean power. With projects competitively positioned on both the Gulf and Pacific Coasts of North America, Sempra Infrastructure is assisting with energy security and decarbonization in North America and globally. Throughout 2022, Sempra Infrastructure achieved a number of key milestones. Cameron LNG Phase 1 continues to exceed original production expectations while unlocking efficiencies and achieving a strong safety record. The company also brought online the fuels terminal in Puebla, which is the sister terminal to the marine facility in Veracruz. At its Pacific Coast assets, Energía Sierra Juarez Phase 2 wind farm, with 108 megawatts of capacity, reached commercial operations and construction of the Energía Costa Azul LNG (ECA LNG) Phase 1 project continues to make substantial construction progress. Sempra Infrastructure continues to advance marketing efforts for its various LNG development projects to help meet global demand for U.S. LNG. The company recently completed the marketing phase for Phase 1 of the Port Arthur LNG development project, and it is now fully subscribed at 10.5 Mtpa of definitive, long-term contracts with top-tier counterparties. The company is targeting a final investment decision for Port Arthur LNG Phase 1 before the end of the first quarter of 2023. In addition, the Cameron LNG Phase 2 development project remains on track for completion of the competitive front-end engineering design process in the summer of this year. Additional opportunities for future investment include ECA LNG Phase 2 and Vista Pacífico LNG, both of which received DOE approval in December to export U.S.-sourced natural gas in the form of LNG from Mexico to non-Free Trade Agreement countries. Earnings Guidance Sempra is reaffirming its full-year 2023 earnings per common share (EPS) guidance range of $8.60 to $9.20. The company is also reiterating its long-term projected EPS compound annual growth rate of approximately 6% to 8% based on the midpoint of 2023 EPS guidance range. Non-GAAP Financial Measures Non-GAAP financial measures include Sempra's adjusted earnings and adjusted EPS. See Table A for additional information regarding these non-GAAP financial measures. Internet Broadcast Sempra will broadcast a live discussion of its earnings results over the internet today at 12 p.m. ET with the company's senior management. Access is available by logging onto the Investors section of the company's website, sempra.com/investors. The webcast will be available on replay a few hours after its conclusion at sempra.com/investors. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of nearly 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California, Texas, Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety, leadership and workforce development, and diversity and inclusion. Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability North America Index for the 12th consecutive year. More information about Sempra is available at sempra.com and on Twitter @Sempra. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. 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 otherwise. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: California wildfires, including that we may be found liable for damages regardless of fault and that we may not be able to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, rates from customers or a combination thereof; decisions, investigations, inquiries, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), Comisión Reguladora de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, and other governmental and regulatory bodies and (ii) the U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; litigation, arbitrations, property disputes and other proceedings, and changes to laws and regulations, including those related to the energy industry in Mexico; cybersecurity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; our ability to borrow money on favorable terms and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook or (ii) rising interest rates and inflation; failure of foreign governments, state-owned entities and our counterparties to honor their contracts and commitments; the impact on affordability of San Diego Gas & Electric Company's (SDG&E) and Southern California Gas Company's (SoCalGas) customer rates and their cost of capital and on SDG&E's, SoCalGas' and Sempra Infrastructure's ability to pass through higher costs to current and future customers due to (i) volatility in inflation, interest rates and commodity prices, (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of the clean energy transition in California, (iii) with respect to SDG&E's business, departing retail load resulting from additional customers transferring to Community Choice Aggregation and Direct Access, and (iv) with respect to Sempra Infrastructure's business, volatility in foreign currency exchange rates; the impact of climate and sustainability policies, laws, rules, disclosures, and trends, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; our ability to incorporate new technologies into our businesses, including those designed to support governmental and private party energy and climate goals; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, pipeline system or limitations on the withdrawal of natural gas from storage facilities; 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; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, sec.gov, and on Sempra's website, sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. None of the website references in this press release are active hyperlinks, and the information contained on, or that can be accessed through, any such website is not, and shall not be deemed to be, part of this document. SEMPRA ENERGY Table A CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in millions, except per share amounts; shares in thousands) Three months ended December 31, Years ended December 31, 2022 2021 2022 2021 (unaudited) REVENUES Utilities: Natural gas $ 2,257 $ 2,023 $ 7,868 $ 6,333 Electric 1,120 1,129 4,783 4,658 Energy-related businesses 78 692 1,788 1,866 Total revenues 3,455 3,844 14,439 12,857 EXPENSES AND OTHER INCOME Utilities: Cost of natural gas (768) (705) (2,603) (1,597) Cost of electric fuel and purchased power (174) (182) (937) (1,010) Energy-related businesses cost of sales (178) (163) (942) (611) Operation and maintenance (1,292) (1,243) (4,746) (4,341) Aliso Canyon litigation and regulatory matters — (22) (259) (1,593) Depreciation and amortization (519) (479) (2,019) (1,855) Franchise fees and other taxes (161) (154) (635) (596) Gain on sale of asset — 36 — 36 Other income, net 27 6 24 58 Interest income 17 19 75 69 Interest expense (258) (422) (1,054) (1,198) Income before income taxes and equity earnings 149 535 1,343 219 Income tax expense (121) (144) (556) (99) Equity earnings 380 321 1,498 1,343 Net income 408 712 2,285 1,463 Losses (earnings) attributable to noncontrolling interests 41 (97) (146) (145) Preferred dividends (11) (11) (44) (63) Preferred dividends of subsidiary — — (1) (1) Earnings attributable to common shares $ 438 $ 604 $ 2,094 $ 1,254 Basic earnings per common share (EPS): Earnings $ 1.39 $ 1.90 $ 6.65 $ 4.03 Weighted-average common shares outstanding 314,738 318,890 315,159 311,755 Diluted EPS: Earnings $ 1.39 $ 1.90 $ 6.62 $ 4.01 Weighted-average common shares outstanding 316,148 319,510 316,378 313,036 SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ADJUSTED EARNINGS TO SEMPRA GAAP EARNINGS (Unaudited) Sempra Adjusted Earnings and Adjusted EPS exclude items (after the effects of income taxes and, if applicable, noncontrolling interests (NCI)) in 2022 and 2021 as follows: Three months ended December 31, 2022: $(75) million impact from foreign currency and inflation on our monetary positions in Mexico $(247) million net unrealized losses on commodity derivatives $17 million net unrealized gains on a contingent interest rate swap related to the proposed initial phase of the Port Arthur LNG liquefaction project (PA LNG Phase 1 project) Three months ended December 31, 2021: $(16) million impact associated with Aliso Canyon natural gas storage facility litigation at Southern California Gas Company (SoCalGas) $(3) million impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives $129 million net unrealized gains on commodity derivatives $(30) million in charges associated with hedge termination costs and a write-off of unamortized debt issuance costs from the early redemptions of debt at Sempra Infrastructure in October 2021 $(92) million in charges associated with make-whole premiums and a write-off of unamortized discount and debt issuance costs from the early redemptions of debt at Parent and other in December 2021 $(72) million net income tax expense related to the utilization of a deferred income tax asset upon completing the sale of a 20% NCI in Sempra Infrastructure Partners, LP (SI Partners) to KKR Pinnacle Investor L.P. (KKR) in October 2021 Year ended December 31, 2022: $(199) million impact associated with Aliso Canyon natural gas storage facility litigation and regulatory matters at SoCalGas $(164) million impact from foreign currency and inflation on our monetary positions in Mexico $(355) million net unrealized losses on commodity derivatives $17 million net unrealized gains on a contingent interest rate swap related to the proposed PA LNG Phase 1 project $(120) million deferred income tax expense associated with the change in our indefinite reinvestment assertion as a result of progress in obtaining regulatory approvals necessary to close the sale of a 10% NCI in SI Partners to Abu Dhabi Investment Authority (ADIA) Year ended December 31, 2021: $(1,148) million impact associated with Aliso Canyon natural gas storage facility litigation at SoCalGas $(44) million impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives $(47) million net unrealized losses on commodity derivatives $(30) million in charges associated with hedge termination costs and a write-off of unamortized debt issuance costs from the early redemptions of debt at Sempra Infrastructure in October 2021 $(92) million in charges associated with make-whole premiums and a write-off of unamortized discount and debt issuance costs from the early redemptions of debt at Parent and other in December 2021 $(72) million net income tax expense related to the utilization of a deferred income tax asset upon completing the sale of a 20% NCI in SI Partners to KKR in October 2021 $50 million equity earnings from investment in RBS Sempra Commodities LLP, which represents a reduction to an estimate of our obligations to settle pending value added tax (VAT) matters and related legal costs at our equity method investment at Parent and other Sempra Adjusted Earnings and Adjusted EPS are non-GAAP financial measures (GAAP represents generally accepted accounting principles in the United States of America). These non-GAAP financial measures exclude significant items that are generally not related to our ongoing business activities and/or are infrequent in nature. These non-GAAP financial measures also exclude the impact from foreign currency and inflation effects on our monetary positions in Mexico and associated undesignated derivatives and unrealized gains and losses on commodity derivatives, which we expect to occur in future periods, and which can vary significantly from one period to the next. Exclusion of these items is useful to management and investors because it provides a meaningful comparison of the performance of Sempra's business operations to prior and future periods. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles for historical periods these non-GAAP financial measures to Sempra GAAP Earnings and GAAP EPS, which we consider to be the most directly comparable financial measures calculated in accordance with GAAP. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF ADJUSTED EARNINGS TO GAAP EARNINGS (Dollars in millions, except per share amounts; shares in thousands) Pretax amount Income tax expense (benefit) (1) Non-controlling interests Earnings Pretax amount Income tax (benefit) expense (1) Non-controlling interests Earnings Three months ended December 31, 2022 Three months ended December 31, 2021 (unaudited) Sempra GAAP Earnings $ 438 $ 604 Excluded items: Impact associated with Aliso Canyon litigation $ — $ — $ — — $ 22 $ (6) $ — 16 Impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives 19 89 (33) 75 8 (4) (1) 3 Net unrealized losses (gains) on commodity derivatives 486 (96) (143) 247 (222) 49 44 (129) Net unrealized gains on a contingent interest rate swap related to the proposed PA LNG Phase 1 project (33) 6 10 (17) — — — — Costs associated with early redemptions of debt — — — — 180 (51) (7) 122 Net income tax expense related to the utilization of a deferred income tax asset — — — — — 72 — 72 Sempra Adjusted Earnings $ 743 $ 688 Diluted EPS: Weighted-average common shares outstanding, diluted 316,148 319,510 Sempra GAAP EPS $ 1.39 $ 1.90 Sempra Adjusted EPS $ 2.35 $ 2.16 Year ended December 31, 2022 Year ended December 31, 2021 Sempra GAAP Earnings $ 2,094 $ 1,254 Excluded items: Impact associated with Aliso Canyon litigation and regulatory matters $ 259 $ (60) $ — 199 $ 1,593 $ (445) $ — 1,148 Impact from foreign currency and inflation on our monetary positions in Mexico and associated undesignated derivatives 49 169 (54) 164 44 4 (4) 44 Net unrealized losses on commodity derivatives 669 (138) (176) 355 23 (18) 42 47 Net unrealized gains on a contingent interest rate swap related to the proposed PA LNG Phase 1 project (33) 6 10 (17) — — — — Deferred income tax expense associated with the change in our indefinite reinvestment assertion related to the sale of NCI to ADIA — 120 — 120 — — — — Costs associated with early redemption of debt — — — — 180 (51) (7) 122 Net income tax expense related to the utilization of a deferred income tax asset — — — — — 72 — 72 Earnings from investment in RBS Sempra Commodities LLP — — — — (50) — — (50) Sempra Adjusted Earnings $ 2,915 $ 2,637 Diluted EPS: Weighted-average common shares outstanding, diluted 316,378 313,036 Sempra GAAP EPS $ 6.62 $ 4.01 Sempra Adjusted EPS $ 9.21 $ 8.43 (1) Except for adjustments that are solely income tax, income taxes on pretax amounts were primarily calculated based on applicable statutory tax rates. We did not record an income tax expense for the equity earnings from our investment in RBS Sempra Commodities LLP because, even though a portion of the liabilities may be deductible under United Kingdom tax law, it is not probable that the deduction will reduce United Kingdom taxes. SEMPRA ENERGY Table B CONSOLIDATED BALANCE SHEETS (Dollars in millions) December 31, 2022 2021 ASSETS Current assets: Cash and cash equivalents $ 370 $ 559 Restricted cash 40 19 Accounts receivable – trade, net 2,635 2,071 Accounts receivable – other, net 685 398 Due from unconsolidated affiliates 54 23 Income taxes receivable 113 79 Inventories 403 389 Prepaid expenses 268 260 Regulatory assets 351 271 Fixed-price contracts and other derivatives 803 179 Greenhouse gas allowances 141 97 Other current assets 49 30 Total current assets 5,912 4,375 Other assets: Restricted cash 52 3 Due from unconsolidated affiliates — 637 Regulatory assets 2,588 2,011 Insurance receivable for Aliso Canyon costs — 360 Greenhouse gas allowances 796 422 Nuclear decommissioning trusts 841 1,012 Dedicated assets in support of certain benefit plans 505 567 Deferred income taxes 135 151 Right-of-use assets – operating leases 655 594 Investment in Oncor Holdings 13,665 12,947 Other investments 2,012 1,525 Goodwill 1,602 1,602 Other intangible assets 344 370 Wildfire fund 303 331 Other long-term assets 1,382 1,244 Total other assets 24,880 23,776 Property, plant and equipment, net 47,782 43,894 Total assets $ 78,574 $ 72,045 SEMPRA ENERGY Table B (Continued) CONSOLIDATED BALANCE SHEETS (CONTINUED) (Dollars in millions) December 31, 2022 2021 LIABILITIES AND EQUITY Current liabilities: Short-term debt $ 3,352 $ 3,471 Accounts payable – trade 1,994 1,671 Accounts payable – other 275 178 Dividends and interest payable 621 563 Accrued compensation and benefits 484 479 Regulatory liabilities 504 359 Current portion of long-term debt and finance leases 1,019 106 Reserve for Aliso Canyon costs 129 1,980 Greenhouse gas obligations 141 97 Other current liabilities 1,380 1,131 Total current liabilities 9,899 10,035 Long-term debt and finance leases 24,548 21,068 Deferred credits and other liabilities: Due to unconsolidated affiliates 301 287 Regulatory liabilities 3,341 3,402 Greenhouse gas obligations 565 225 Pension and other postretirement benefit plan obligations, net of plan assets 410 687 Deferred income taxes 4,591 3,477 Asset retirement obligations 3,546 3,375 Deferred credits and other 2,117 2,070 Total deferred credits and other liabilities 14,871 13,523 Equity: Sempra Energy shareholders' equity 27,115 25,981 Preferred stock of subsidiary 20 20 Other noncontrolling interests 2,121 1,418 Total equity 29,256 27,419 Total liabilities and equity $ 78,574 $ 72,045 SEMPRA ENERGY Table C CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in millions) Years ended December 31, 2022 2021 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 2,285 $ 1,463 Adjustments to reconcile net income to net cash provided by operating activities 2,025 855 Reserve for Aliso Canyon costs (1,851) 1,532 Net change in other working capital components (1,967) (538) Insurance receivable for Aliso Canyon costs 360 85 Distributions from investments 854 941 Changes in other noncurrent assets and liabilities, net (564) (496) Net cash provided by operating activities 1,142 3,842 CASH FLOWS FROM INVESTING ACTIVITIES Expenditures for property, plant and equipment (5,357) (5,015) Expenditures for investments and acquisitions (376) (633) Proceeds from sale of assets — 38 Distributions from investments — 366 Purchases of nuclear decommissioning and other trust assets (700) (961) Proceeds from sales of nuclear decommissioning and other trust assets 762 961 Advances to unconsolidated affiliates — (8) Repayments of advances to unconsolidated affiliates 626 38 Disbursement for note receivable — (305) Other 6 11 Net cash used in investing activities (5,039) (5,508) CASH FLOWS FROM FINANCING ACTIVITIES Common dividends paid (1,430) (1,331) Preferred dividends paid (44) (99) Issuances of common stock, net 4 5 Repurchases of common stock (478) (339) Issuances of debt (maturities greater than 90 days) 9,984 3,773 Payments on debt (maturities greater than 90 days) and finance leases (4,510) (5,489) (Decrease) increase in short-term debt, net (1,266) 1,913 Advances from unconsolidated affiliates 28 40 Proceeds from sales of noncontrolling interests, net 1,732 3,206 Purchases of noncontrolling interests — (224) Distributions to noncontrolling interests (237) — Contributions from noncontrolling interests 31 4 Other (35) (199) Net cash provided by financing activities 3,779 1,260 Effect of exchange rate changes on cash, cash equivalents and restricted cash (1) 2 Decrease in cash, cash equivalents and restricted cash (119) (404) Cash, cash equivalents and restricted cash, January 1 581 985 Cash, cash equivalents and restricted cash, December 31 $ 462 $ 581 SEMPRA ENERGY Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES, INVESTMENTS AND ACQUISITIONS (Dollars in millions) Three months ended December 31, Years ended December 31, 2022 2021 2022 2021 (unaudited) Earnings (Losses) Attributable to Common Shares SDG&E $ 234 $ 216 $ 915 $ 819 SoCalGas 260 198 599 (427) Sempra Texas Utilities 132 137 736 616 Sempra Infrastructure (82) 263 310 682 Parent and other (106) (210) (466) (436) Total $ 438 $ 604 $ 2,094 $ 1,254 Three months ended December 31, Years ended December 31, 2022 2021 2022 2021 (unaudited) Capital Expenditures, Investments and Acquisitions SDG&E $ 822 $ 660 $ 2,473 $ 2,220 SoCalGas 599 567 1,993 1,984 Sempra Texas Utilities 90 415 346 566 Sempra Infrastructure 406 182 914 869 Parent and other 1 2 7 9 Total $ 1,918 $ 1,826 $ 5,733 $ 5,648 SEMPRA ENERGY Table E OTHER OPERATING STATISTICS Three months ended December 31, Years ended or at December 31, 2022 2021 2022 2021 (unaudited) UTILITIES SDG&E and SoCalGas Gas sales (Bcf) (1) 109 105 349 360 Transportation (Bcf) (1) 163 154 625 606 Total deliveries (Bcf) (1) 272 259 974 966 Total gas customer meters (thousands) 7,040 7,003 SDG&E Electric sales (millions of kWhs) (1) 1,715 2,386 7,800 11,298 Community Choice Aggregation and Direct Access (millions of kWhs) (2) 2,765 2,104 9,900 5,916 Total deliveries (millions of kWhs) (1) 4,480 4,490 17,700 17,214 Total electric customer meters (thousands) 1,504 1,496 Oncor (3) Total deliveries (millions of kWhs) 33,680 31,247 149,260 135,057 Total electric customer meters (thousands) 3,896 3,832 Ecogas Natural gas sales (Bcf) 1 1 4 3 Natural gas customer meters (thousands) 150 143 ENERGY-RELATED BUSINESSES Sempra Infrastructure Termoeléctrica de Mexicali (TdM) (millions of kWhs) 842 799 3,110 3,382 Wind and solar (millions of kWhs) (1)(4) 640 586 2,987 2,510 (1) Includes intercompany sales. (2) Several jurisdictions in SDG&E's territory have implemented Community Choice Aggregation, including the City of San Diego in 2022. Additional jurisdictions are in the process of implementing or considering Community Choice Aggregation. (3) Includes 100% of the electric deliveries and customer meters of Oncor Electric Delivery Company LLC (Oncor), in which we hold an indirect 80.25% interest through our investment in Oncor Electric Delivery Holdings Company LLC. (4) Includes 50% of the total power generated and sold at the Energía Sierra Juárez (ESJ) wind power generation facility through March 19, 2021. As of March 19, 2021, ESJ became a wholly owned, consolidated subsidiary of IEnova. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT (Dollars in millions) Three months ended December 31, 2022 SDG&E SoCalGas Sempra Texas Utilities Sempra Infrastructure Consolidating Adjustments, Parent & Other Total Revenues $ 1,425 $ 1,961 $ — $ 109 $ (40) $ 3,455 Cost of sales and other expenses (808) (1,378) (2) (385) — (2,573) Depreciation and amortization (252) (196) — (69) (2) (519) Other income (expense), net 24 (3) — 4 2 27 Income (loss) before interest and tax (1) 389 384 (2) (341) (40) 390 Net interest (expense) income (114) (61) — 1 (67) (241) Income tax (expense) benefit (41) (63) 1 (30) 12 (121) Equity earnings — — 133 247 — 380 Losses attributable to noncontrolling interests — — — 41 — 41 Preferred dividends — — — — (11) (11) Earnings (losses) attributable to common shares $ 234 $ 260 $ 132 $ (82) $ (106) $ 438 Three months ended December 31, 2021 SDG&E SoCalGas Sempra Texas Utilities Sempra Infrastructure Consolidating Adjustments, Parent & Other Total Revenues $ 1,385 $ 1,777 $ — $ 728 $ (46) $ 3,844 Cost of sales and other expenses (804) (1,299) (2) (346) 4 (2,447) Aliso Canyon litigation and regulatory matters — (22) — — — (22) Depreciation and amortization (230) (183) — (63) (3) (479) Gain on sale of asset — — — — 36 36 Other income (expense), net 3 (12) — (8) 23 6 Income (loss) before interest and tax (1) 354 261 (2) 311 14 938 Net interest expense (105) (38) — (58) (202) (403) Income tax expense (33) (25) — (74) (12) (144) Equity earnings — — 139 182 — 321 (Earnings) losses attributable to noncontrolling interests — — — (98) 1 (97) Preferred dividends — — — — (11) (11) Earnings (losses) attributable to common shares $ 216 $ 198 $ 137 $ 263 $ (210) $ 604 (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT (Dollars in millions) Year ended December 31, 2022 SDG&E SoCalGas Sempra Texas Utilities Sempra Infrastructure Consolidatin g Adjustments, Parent & Other Total Revenues $ 5,838 $ 6,840 $ — $ 1,919 $ (158) $ 14,439 Cost of sales and other expenses (3,407) (4,882) (6) (1,642) 74 (9,863) Aliso Canyon litigation and regulatory matters — (259) — — — (259) Depreciation and amortization (982) (761) — (268) (8) (2,019) Other income (expense), net 92 (8) — — (60) 24 Income (loss) before interest and tax (1) 1,541 930 (6) 9 (152) 2,322 Net interest expense (444) (192) — (60) (283) (979) Income tax (expense) benefit (182) (138) — (249) 13 (556) Equity earnings — — 742 756 — 1,498 Earnings attributable to noncontrolling interests — — — (146) — (146) Preferred dividends — (1) — — (44) (45) Earnings (losses) attributable to common shares $ 915 $ 599 $ 736 $ 310

SoCalGas Announces $10 Million to Support Low-Income Families, Seniors and Small Restaurant Owners Impacted by Unprecedented Regional Gas Market Prices

Thousands newly eligible for winter bill assistance after SoCalGas bolsters United Way's Gas Assistance Fund with historic $5 million contribution $4 million will revive Fueling Our Communities – a collaboration with local nonprofits that has provided free meals and groceries to tens of thousands of Californians since 2020 $1 million in aid to small restaurant owners through the Restaurants Care Resilience Fund LOS ANGELES, Feb. 27, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced $10 million in shareholder funding to help customers with bill assistance and to bolster community resources for those who may be struggling financially. The company committed $5 million in shareholder funding to the Gas Assistance Fund, a program administered by the United Way that provides income-qualified customers with one-time grants to help pay their natural gas bills. The contribution is the largest in the fund's 40-year history and will help the United Way expand access to the program to thousands of additional Southern Californians this winter. SoCalGas also announced it will contribute $4 million from its donor advised fund to relaunch its popular Fueling Our Communities program, a collaboration with local food banks and nonprofits that has provided free meals and groceries to thousands of Californians facing food insecurity since 2020. In addition, SoCalGas will contribute $1 million in aid from its donor advised fund to small restaurant owners through the Restaurants Care Resilience Fund, a fund that was started in 2021 to help small restaurants with improvements, upgrades, employee retention and to manage debt, losses and rising costs. "This winter's unprecedented natural gas prices, on top of already high inflation, have been a real hardship for many Southern Californians, especially our most vulnerable, our seniors, and people facing difficult circumstances," said SoCalGas CEO, Scott Drury. "Thanks to the incredible work of the United Way, and the network of tireless, nonprofit leaders who support our work in the community, we will be able to help many more of our neighbors, families, and small businesses in cities and towns across Southern California this winter." "These contributions will provide much-needed relief for some of our most vulnerable residents at a time when cold temperatures make it harder to turn down the heat," said Los Angeles County Supervisor Kathryn Barger. "As we learn more about the West Coast market conditions that led to unusually high bills, proactive partnerships like this one are addressing the immediate very real needs of our community. I continue looking forward to what soon may be a return to more normal natural gas prices." EXPANDED ACCESS TO GAS ASSISTANCE FUND SoCalGas's latest contribution to the Gas Assistance Fund will help the United Way expand income eligibility for the program and increase the grant amount available to each qualified customer from $100 to up to $400 for the remainder of the 2023 program. Additionally, income-eligible older adults (55+) and those facing certain financial hardships may be eligible for extra grant funding. "Over the last four decades, the Gas Assistance Fund has helped hundreds of thousands of vulnerable Californians who face difficult choices during cold months between staying warm and other basic necessities like food and medicine," said Elise Buik, president & CEO at United Way of Greater Los Angeles. "This historic contribution will help the United Way dramatically expand our reach and allow thousands of individuals, older adults, and families across our region to remain healthy and housed this winter." FUELING OUR COMMUNITIES - 2023 The Fueling our Communities Program began in 2020 as a collaboration between SoCalGas and five regional nonprofits to provide free meals to individuals impacted by the COVID-19 pandemic. During the program's first summer, SoCalGas and its partners provided more than 140,000 meals to 40,000 individuals from underserved communities across Southern California. With its latest $4 million contribution, SoCalGas aims to significantly expand the Fueling our Communities program via new and existing partnerships with food banks and nonprofits with a focus on serving families and seniors in need. SUPPORTING SMALL BUSINESSES The Restaurants Care Resilience Fund was started in 2021 to help small restaurants with improvements, upgrades, employee retention and to manage debt, losses and rising costs. SoCalGas has supported the fund since its inception. "What started as a lifeline to restaurants during the pandemic has grown into a robust fund to assist small restaurants with grants to strengthen their businesses and invest in their people," said Alycia Harshfield, executive director of the California Restaurant Foundation. "SoCalGas' incredible generosity, commitment, and leadership has a lasting positive ripple effect, and we are proud to partner with them again to make such a meaningful impact." MARKET CONDITIONS IMPROVE After a significant drop in February from January's unprecedented natural gas commodity prices, market prices for March 2023 usage are currently forecasted to be significantly lower than February's prices. In addition, the restoration of service to an out-of-state pipeline, which has been offline for two years, is expected to increase supply capacity to the Southwest. Consistent with regulatory requirements, SoCalGas will file March core procurement prices (rates) with the California Public Utilities Commission (CPUC) at the end of February. The core procurement rate reflects the price SoCalGas pays for natural gas for residential and business customers. That rate changes each month. SoCalGas does not set the price for natural gas. Instead, natural gas prices are determined by national and regional markets. SoCalGas buys natural gas in those markets on behalf of residential and small business customers, and the cost of buying that gas is billed to those customers with no markup. WHAT CAUSED PRICES TO SPIKE IN JANUARY? According to the US Energy Information Administration (EIA), a number of factors have contributed to higher natural gas commodity prices: Widespread, below-normal temperatures on much of the West Coast, including Washington and Oregon; High natural gas demand for heating by customers in areas with below normal temperatures; Reduced natural gas supplies to the West Coast from Canada and the Rocky Mountains; Reduced interstate pipeline capacity to the West Coast because of pipeline maintenance activities in West Texas (the out of state pipeline mentioned earlier in this news release); and Low natural gas storage levels on the West Coast. According to the EIA, the U.S. set a natural gas consumption daily record on Dec. 23, 2022, further exacerbating supply and demand challenges. Several experts discussed these market conditions at a California Public Utilities Commission public hearing earlier this month. Video of that proceeding is available here. IS ADDITIONAL HELP AVAILABLE? In light of unprecedented market conditions, the California Public Utilities Commission voted earlier this month to accelerate the California Climate Credit. As a result, SoCalGas customers will receive a credit of $50.77 in their February or March bill, depending on their billing cycle. In addition, SoCalGas continues to encourage customers to take advantage of programs and services that can help manage usage and save costs. Eligible customers may sign up for a Level Pay Plan (LPP), for example, which averages their annual natural gas use and costs over 12 months. There are also financial assistance programs for eligible customers who are experiencing hardships. SoCalGas' free Ways to Save tool may also help customers with energy savings options through a personalized savings plan that offers a household energy analysis, customized energy-efficiency recommendations, bill comparisons, and energy usage comparisons that could help save on natural gas bills. Customers can also sign up for weekly Bill Tracker Alerts to monitor natural gas consumption, take steps to reduce usage, and avoid bill surprises. Customers can visit socalgas.com/ManageHigherBills for more information on the factors that lead to higher bills and ways we can help. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. 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," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, http://www.sec.gov , and on Sempra's website, http://www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company

SDG&E Announces $16 million in relief for customers and community assistance funding

Company shareholders provide additional funding to increase assistance programs to help customers in need. SAN DIEGO, Feb. 27, 2023 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) announced today that it is providing $16 million in shareholder funding to help customers with bill assistance and bolster community resources for residents who may be struggling financially. As part of this commitment, SDG&E will fund a new $10 million program to support local nonprofit, community-based organizations (CBOs) that provide essential services to vulnerable customers. The company is also immediately increasing funding for its Neighbor-to-Neighbor bill assistance program to $6 million while doubling the amount of financial support available to each qualifying customer and expanding eligibility to ensure more customers can take advantage of the program. "The unprecedented natural gas prices in the Western U.S. this winter have put a strain on families, and we must do more to help ease the financial burden facing our customers," said SDG&E CEO Caroline Winn. "We are listening and remain focused on supporting the communities we serve during this challenging time. This additional funding will continue our efforts in assisting customers experiencing hardships." March natural gas commodity prices, which will be released tomorrow, are forecasted to be significantly lower than January and February, driven in part by the restoration of service to a critical out-of-state pipeline. "United Way of San Diego County has a long history of working with SDG&E to help underserved populations and addressing inequities in this region," said Nancy L. Sasaki, CEO of United Way of San Diego County. "I commend SDG&E for its latest giving initiatives. This type of community investment is critical to uplifting struggling families, helping create a brighter future for all." SDG&E will begin collaborating with local nonprofit organizations and seek proposals for the new $10 million initiative that support programs that uplift vulnerable and lower-income residents, including seniors and those who are food insecure. By working directly with local nonprofit organizations that have the expertise and are best equipped to identify resource needs, the funding can have the greatest impact on communities in need. Additional details about the program will be announced in the coming weeks. With the additional funding provided by SDG&E for the Neighbor-to-Neighbor program, even more customers who need bill assistance can now receive up to $600 per household per year, double the current amount. SDG&E customers may apply if they are experiencing serious illness, temporary unemployment, disability or unusual hardship. Customers are encouraged to call 2-1-1 San Diego or 2-1-1 Orange County for assistance with the program. "Every day, 211 San Diego works with thousands of individuals and families to connect them to important and much needed community, health, and social services and programs," said 211 San Diego President and CEO William York. "We believe access to these critical services is the foundation for individuals and families to build and sustain healthy lives. SDG&E's ongoing financial commitment to San Diego provides that vital support and assistance to vulnerable residents who need that help." SDG&E Offers a Variety of Assistance Programs Recognizing the impact of high energy bills on families and businesses recently, SDG&E provides customers with the resources and support they need. Customers can take advantage of the following programs: Additional Financial Assistance The federally funded Low-Income Home Energy Assistance Program (LIHEAP) offers financial help ranging from a few hundred to a few thousand dollars, depending on household income, size, and past due balances. Bill Discounts Income-qualified customers can save 30% or more through the CARE program and 18% on their electric bill through the FERA program. Bill Management Log into MyAccount to sign up for Energy Alerts, set payment reminders, and more. Customers who wish to have more predictable bills – even out high-bill months with low-bill months – are encouraged to sign up for SDG&E's Level Pay Program. Energy Efficiency Savings The Energy Savings Assistance (ESA) program offers no-cost energy-efficiency home upgrades to income-qualified renters and homeowners. Through the Golden State Rebates program, SDG&E customers can take advantage of incentives of $20- $500 to purchase high-efficiency water heaters, smart thermostats and room air conditioners. For Information about additional customer assistance programs, please visit sdge.com/assistance. 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 (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@SDGE), Instagram ( @SDGE) and Facebook. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. 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," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, http://www.sec.gov, and on Sempra's website, http://www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC . SOURCE San Diego Gas & Electric (SDG&E)

Powering progress through sustainable business practices

From 1867 to today, Sempra family of companies are meeting the needs of communities with sustainable business practices, and modernizing energy networks.

Sempra Foundation Helps Bring Cleaner Cookstoves to Indigenous and Environmental Justice Communities Across Mexico

SAN DIEGO, Feb. 21, 2023 /PRNewswire/ -- Sempra Foundation, founded and funded by Sempra (NYSE: SRE) (BMV: SRE), is helping to advance energy access and emissions reductions for environmental justice and indigenous communities in Mexico through a $1.1 million donation to Tijuana, Baja California-based nonprofit Fundación Mozcalti to provide these communities with cleaner cookstoves and other clean energy assets. Once all installations are completed, the projects are anticipated to benefit over 40,000 people in more than 60 communities in the Mexican states of Baja California, Sonora, Michoacan, Chiapas, Oaxaca, Veracruz and Morelos. With more than 20 years of experience working with underserved populations across Mexico, Fundación Mozcalti's mission is to empower vulnerable communities in Mexico with a focus on education, health, basic needs and social entrepreneurship. In late 2022, a group of Sempra employees volunteered their time to help Fundación Mozcalti install the cleaner cookstoves and other clean energy assets in communities across Baja California, Mexico. "It is incredibly meaningful to know Sempra Foundation has helped expand energy access in under-resourced communities," said Lisa Larroque Alexander, director and chair of Sempra Foundation. "Through our support of these communities, we are helping shape a healthier, more prosperous and cleaner future for all." The collaboration between Sempra Foundation and Fundación Mozcalti began in 2021 with a nearly $500,000 donation that supported the installation of 2,400 cleaner cookstoves in dozens of remote communities across Mexico where cooking often occurred over open fires. Sempra Foundation donated an additional $600,000 to Fundación Mozcalti in 2022 to help provide another 2,400 cleaner cookstoves for households in remote Mexican communities. In comparison to the cleaner cookstoves, cooking over an open fire creates more emissions, is more expensive, and can cause negative health effects including respiratory illnesses and vision problems. These new stoves are also portable and can be used to prepare food to be sold at local markets, serving as a source of income and economic prosperity for families and communities in these areas. Sempra Foundation and Fundación Mozcalti also launched a biodigester pilot program in 2022 with the installation of two types of biodigesters. The first type of biodigester is a small, household backyard system that allows individual households to turn food scraps and waste into cleaner cooking gas and rich fertilizer. The second type of biodigester is used for small business, restaurants, farms and community centers that serve as soup kitchens. In addition to biodigesters, solar-powered refrigerators are planned to be provided to multiple community centers and solar energy are planned to be installed at community water pumping stations in Morelos, Mexico. Currently, families in the community pay a monthly fee to access water for one hour once a week. The solar installation pilot project is designed to offer families greater access to affordable, reliable water. Sempra Foundation received the Empresa Socialmente Responsable award from the Association of Fundraising Professionals (AFP) in Mexico for its efforts to improve the lifestyles in communities in and around Mexico. About Sempra Foundation Founded by Sempra in 2007, Sempra Foundation has long been focused on investing its energy and resources into efforts that make a real difference for people when they need it most. It encourages community engagement among the 20,000 employees who work for Sempra and its operating companies by matching certain employee contributions of time and money to any eligible 501(c)(3) charitable organization they choose to support. SOURCE Sempra Foundation

SoCalGas Updates Customers on Current Natural Gas Prices

Market conditions improve: critical out-of-state pipeline service restored; experts also cite improved weather conditions and related decrease in natural gas demand as contributing to lower market prices SoCalGas continues to encourage customers to conserve as natural gas markets remain sensitive to changing weather and maintenance updates LOS ANGELES, Feb. 15, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today provided customers with an update on natural gas prices across the West Coast. After a significant drop from unprecedented January natural gas commodity prices, market prices for March, 2023 are currently trending closer to 2022 prices. Improved weather conditions and a related reduction in natural gas usage have led prices to continue to fall along the West Coast, according to the U.S. Energy Information Administration (EIA), which is charged with collecting, analyzing and disseminating independent and impartial energy information. In addition, the restoration of service to the out-of-state pipeline, which has been offline for two years, is expected to increase supply capacity to the Southwest by as much as 500 million cubic feet per day. However, the markets where SoCalGas purchases natural gas remain volatile and sensitive to changing weather and maintenance updates. "It is still too early to tell if this positive trend will continue, but with warmer weather ahead, we do not expect to see price swings as large as we saw earlier in the winter," said Gillian Wright, chief customer officer for SoCalGas. Consistent with regulatory requirements, SoCalGas will file March core procurement prices (rates) with the California Public Utilities Commission (CPUC) at the end of February. The core procurement rate reflects the price SoCalGas pays for natural gas for residential and business customers. That rate changes each month. SoCalGas does not set the price for natural gas. Instead, natural gas prices are determined by national and regional markets. SoCalGas buys natural gas in those markets on behalf of residential and small business customers, and the cost of buying that gas is billed to those customers with no markup. The markets where SoCalGas purchases natural gas remain volatile and sensitive to changing weather and maintenance updates. For example, consistent with applicable rules and regulations, SoCalGas issued a notice Tuesday about a about a safety related condition resulting in a capacity reduction on another natural gas pipeline - Line 235. What caused prices to spike in the first place? According to the EIA, several factors contributed to higher natural gas commodity prices: Widespread, below-normal temperatures on much of the West Coast, including Washington and Oregon; High natural gas demand for heating by customers in areas with below normal temperatures; Reduced natural gas supplies to the West Coast from Canada; Reduced interstate pipeline capacity to the West Coast because of pipeline maintenance activities in West Texas (the out-of-state pipeline mentioned earlier in this release); and Low natural gas storage levels in the Pacific Region. A detailed report about these market conditions can be found here: https://www.eia.gov/naturalgas/weekly/archivenew_ngwu/2022/12_22/. Experts weigh in on natural gas market conditions A number of experts have weighed in on the market conditions that led to unprecedented natural gas prices in December. The California Public Utilities Commission last week held a public hearing to discuss those conditions. Alan Mayberry, associate administrator for pipeline safety for the United States Pipeline and Hazardous Materials Safety Administration (PHMSA) told the CPUC his agency authorized the return to service of the out-of-state pipeline identified by EIA as one source of high January's high prices. "As of yesterday, we gave Kinder Morgan (the pipeline's owner and operator) the go-ahead to return Line 2000 to their normal operating pressure," Mayberry told the CPUC. On Tuesday, Feb 15 Kinder Morgan lifted operational restrictions on the out-of-state pipeline. According to the EIA, the pipeline's return to full service will increase natural gas takeaway capacity out of West Texas by close to 500 million cubic feet per day, increasing supply into the Desert Southwest. What is SoCalGas doing for its customers? In January, SoCalGas tripled its contribution to the Gas Assistance Fund, increasing it to $1 million. This program helps income-qualified customers pay their natural gas bills with a one-time $100 grant. Customers also should see some relief soon, courtesy of the CPUC accelerating the California Climate Credit. SoCalGas customers will receive a credit of $50.77 in their February or March bill, depending on their billing cycle. In addition, SoCalGas continues to encourage customers to take advantage of programs and services that can help manage and save costs. SoCalGas' free Ways to Save tool may also help customers find ways to save on natural gas bills, with a personalized savings plan that offers a household energy analysis, customized energy-efficiency recommendations, bill comparisons and energy usage comparisons. Ways to Save can be found at socalgas.com/WaysToSave. Customers can also sign up for weekly Bill Tracker Alerts to monitor natural gas consumption, take steps to reduce usage, and avoid bill surprises. Eligible customers may sign up for a Level Pay Plan (LPP), for example, which averages their annual natural gas use and costs over 12 months. There are also financial assistance programs for eligible customers who are experiencing hardships. SoCalGas also offers the following tips to help potentially reduce energy usage: Lowering your thermostat three to five degrees – if health permits – can save up to 10 percent on heating costs. Installing proper caulking and weather-stripping can save roughly 10 to 15 percent on heating and cooling bills. Washing clothes in cold water to save up to 10 percent on water heating costs. Considering turning down the temperature on your water heater, keeping in mind that most hot water heaters require a temperature of 120 degrees or higher. Limiting use of non-essential natural gas appliances such as spas and fireplaces. Customers can visit socalgas.com/ManageHigherBills for more information on the factors that lead to higher bills and ways we can help. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. 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," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, http://www.sec.gov, and on Sempra's website, http://www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company

SoCalGas Showcases Sustainable Technologies by Hyundai Motor Company and New Holland Agriculture North America at World Ag Expo

Hyundai’s hydrogen fuel-cell powered truck and New Holland’s near-zero emissions tractor to help reduce emissions in transportation and agriculture. TULARE, Calif., February 14, 2023 – Southern California Gas Company (SoCalGas) joins Hyundai Motor Company and New Holland Agriculture North America at the annual World Ag Expo this week in displaying two breakthrough, first-of-their-kind technologies. SoCalGas’ booth will showcase Hyundai’s Class 8 XCIENT Fuel Cell heavy-duty truck, equipped with a 180 kW fuel cell system and an e-motor with a maximum output of 350 kW, to support the demands of commercial fleet users. The booth will also display New Holland’s T6.180 Methane Power tractor, the first commercially available tractor powered by a sustainable fuel source in agriculture, operating on renewable natural gas (RNG) or compressed natural gas (CNG). “Experts and policymakers are recognizing that a broad set of tools, including clean fuels like renewable natural gas and clean renewable hydrogen, and carbon management, are needed to achieve California’s climate and air goals by 2045,” says Don Widjaja, vice president of customer solutions at SoCalGas. “SoCalGas is excited to partner with New Holland and Hyundai at the World Ag Expo to highlight technologies that are not only clean but can also effectively meet the transportation needs of the agricultural industry.” SoCalGas continues to move forward in its goal of achieving net-zero emissions by 2045. The company has already achieved a 37% reduction in fugitive methane emissions, surpassing the State’s goal of 20% by 2025, and is nearing the State’s goal of a 40% reduction by 2030. SoCalGas has also set a benchmark to operate a 100% zero-emissions over-the-road fleet by 2035, and its Angeles Link project could significantly reduce greenhouse gas emissions from hard-to-electrify parts of the California economy like heavy-duty trucking. Hyundai Motor Company is also playing a crucial role in creating an emissions-free, hydrogen fuel cell heavy duty truck ecosystem. The XCIENT Fuel Cell tractor model has a driving range of up to 450 miles, requires less time to refuel than its electric counterpart, which helps maximize efficiency, and produces only a single byproduct: pure H2O. The truck features an extremely robust hydrogen storage tank with multiple levels of protection to safeguard against accidental leaks and punctures. “XCIENT Fuel Cell is the world’s first heavy-duty fuel cell truck to accumulate more than 3.5 million miles of real-life customer driven operations in Switzerland,” said Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation of Hyundai Motor Company. “Based on our successful operations and diverse array of public-private partnerships, we will continue to leverage our insights to drive commercial vehicle decarbonization and accelerate the transition to a sustainable hydrogen society.” New Holland, a clean energy leader in the development of renewable fuels and emissions reduction systems, introduced its breakthrough sustainable agriculture technology to the U.S. market last year. “The T6.180 Methane Power tractor is an important step forward on the path to decarbonizing agriculture in California. It allows farmers to grow crops and use agricultural waste to generate RNG to power their tractor, achieving near-zero CO2 emissions,” said Joe Boufford, Product Marketing Manager for Mid-Range Tractors at New Holland. The tractor produces 98% less particulate matter compared to emission limits allowed under European Stage V emissions regulations and can provide up to a 30% reduction in running costs compared to its diesel counterpart. A tractor fueled by CNG reduces CO2 emissions by 10-15%, overall emissions by 80%, with near-zero emissions achieved when fueled by RNG. SoCalGas is proud to have exhibited at every World Ag Expo since its inception in 1968. Its booths are located at H30 at the corner of H & Median Street. Click to learn more about SoCalGas, Hyundai Motor Company, and New Holland’s sustainability efforts. About SoCalGas Headquartered in Los Angeles,  SoCalGas® is the  largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across  24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.  SoCalGas' mission is to build the  cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve  net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of  Sempra (NYSE: SRE), an energy infrastructure company based in San Diego.  For more information visit  socalgas.com/newsroom or connect with SoCalGas on  Twitter (@SoCalGas),  Instagram (@SoCalGas) and  Facebook.  This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. 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," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, http://www.sec.gov, and on Sempra's website, http://www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.

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