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High-performance culture drives innovation and accolades for Sempra

Newsweek, Fortune, CNBC, and Forbes award Sempra for 25-year high-performance workplace promoting sustainability, and energy transition.

Sempra Foundation to Support New Mexico Communities Impacted by Wildfires

SAN DIEGO, June 21, 2024 /PRNewswire/ -- The Sempra Foundation, founded and solely funded by Sempra (NYSE: SRE) (BMV: SRE), today announced a charitable contribution to the American Red Cross to support the distribution of critical resources and services to those impacted by the South Fork and Salt fires in southern New Mexico. "As part of its mission, the Sempra Foundation aims to improve community resilience in the face of increasing severe weather events," said Lisa Larroque Alexander, chair of the Sempra Foundation board of directors. "We are proud to support the Red Cross in delivering critical supplies to affected communities in New Mexico so they can recover and thrive." The Foundation is pledging up to $50,000, which would help support the distribution of much-needed resources to those impacted by the fast-moving fires. Part of the Sempra Foundation's legacy includes responding to disasters such as wildfires, hurricanes and earthquakes. "With its diverse culture, deep heritage and stunning landscapes, New Mexico is truly the land of enchantment," continued Alexander. "Our hearts go out to all the families and businesses that have been impacted." The Red Cross and its partners have opened numerous shelters where affected people have access to meals, health services and relief supplies. Those interested in supporting relief efforts are encouraged to visit redcross.org. About Sempra Foundation Founded by Sempra in 2007, the 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 more than 20,000 employees who work for Sempra and its operating companies by matching certain employee contributions of time and money to eligible 501(c)(3) charitable organizations employees choose to support. SOURCE Sempra Foundation

Sempra Appoints Jennifer M. Kirk to Board of Directors

SAN DIEGO, June 20, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced the appointment of Jennifer M. Kirk to the company's board of directors effective June 20, 2024. Kirk is currently the global controller and chief accounting officer of Medtronic plc (NYSE: MDT) and has deep executive experience in finance, accounting and capital market activities, including more than 20 years in the energy industry. "Bringing new perspectives into the boardroom is a critical component of our effort to support the company's mission to build North America's premier energy infrastructure company," said Jeffrey W. Martin, Sempra chairman and CEO. "Our board of directors embody a diverse set of skills, experiences and viewpoints that help guide Sempra's corporate strategy and overall business success. Jennifer's strong accounting and finance experience, coupled with her understanding of the energy business, will be a great complement to the board as we advance our corporate strategy and oversee financial discipline, risk management and ethical practices." Before joining Medtronic, Kirk, 49, worked at Occidental Petroleum Corporation for more than two decades, serving in roles of increasing responsibility, including senior vice president of integration and value capture, and vice president, controller and principal accounting officer. Kirk serves on the board of directors of Republic Services, where she is chair of the audit committee. She holds a bachelor's degree in economics from UC Santa Barbara and a master's degree in business administration from California State University, Bakersfield. With the appointment of Kirk, Sempra will have 10 directors with three having been newly elected over the past five years, reflecting the company's commitment to periodic board refreshment to ensure fresh and diverse perspectives are present in the boardroom. Kirk will serve on the board's audit committee and the safety, sustainability and technology committee. About Sempra Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. SOURCE Sempra

SoCalGas Advances Towards Zero-Emissions Fleet with Delivery of New Ford Electric Vans

LOS ANGELES, June 13, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) added Ford E-Transit electric vans into its fleet, as part of its ASPIRE 2045 sustainability strategy, working towards its goals to replace 50% of its over-the-road fleet 1 with alternative fuel vehicles (AFV) by 2025 and operate a 100% zero-emissions fleet by 2035. The introduction of 21 new Ford E-Transit vans represents a milestone for SoCalGas as the first battery electric vehicles to be integrated into the company's fleet. "The addition of Ford's E-Transit electric vans to our fleet represents a significant achievement in SoCalGas' advancement toward a zero-emissions future," said Sandra Hrna, vice president, supply chain and operations support at SoCalGas. "By investing in technologies powered by electricity, hydrogen or renewable natural gas, we are advancing our efforts to reduce greenhouse gas emissions (GHG) and accelerate decarbonization in a sector that has historically been a major contributor to GHG emissions." At the close of 2023, 38% of SoCalGas' over-the-road fleet was powered by low- and zero-emissions energy sources. SoCalGas' current over-the-road fleet vehicles include 700 RNG Ford F-250 service pickup trucks and 50 Toyota Mirai hydrogen fuel cell electric vehicles (HFCEV). "I applaud SoCalGas on its efforts to accelerate the transition of its truck fleet to zero-emissions," said Wayne Nastri, South Coast Air Quality Management District executive officer. "These trucks reduce smog-forming emissions making it easier for us to breathe and they also reduce greenhouse gas emissions thereby helping our climate." SoCalGas aims to advance sustainable transportation solutions and actively collaborates with automakers to develop innovative low- and zero-emissions options to help support California's climate goals. SoCalGas and Ford are developing a hydrogen fuel cell F-550 prototype with the Department of Energy (DOE) and, in 2025, plan to demonstrate its performance in real world conditions in an effort to help reduce GHG and nitrogen oxide emissions in medium- and heavy-duty commercial vehicles. Ford's light-duty electric vans have a range of up to 126 miles and are being used by employees to service SoCalGas' industrial and commercial customers. "E-Transit is a great solution for companies to reduce carbon emissions while lowering fleet costs associated with fuel and maintenance," said Ted Haladyna, Ford Pro director of product marketing. "When low- and zero-emission vehicles are supported with the right infrastructure it can be a win-win for business and the planet. Testing new technology with customers early in the development process, like we are doing with SoCalGas on F-550 Super Duty Hydrogen Fuel Cell Electric Truck, is another example of how our work together will bring the alternative fuel industry forward." To support a zero-emissions fleet, SoCalGas is installing EV chargers throughout its territory powered almost exclusively by renewable electricity under Southern California Edison's Green Rate program. SoCalGas recently added EV charging stations at its Compton, Brea and Newberry Spring locations, with plans to extend the network to 1,500 chargers across 65 facility sites over the next two years. SoCalGas is a leader among utilities in its sustainability goals and was among the first and largest natural gas distribution utilities in the United States to announce its aim to achieve net-zero GHG emissions by 2045. SoCalGas was recognized with the Leading Private Fleet Award at the Advanced Clean Transportation Expo in 2022 acknowledging the company's efforts to go above and beyond what is required to achieve sustainability in fleet operations. Learn more about SoCalGas's sustainability efforts at socalgas.com/sustainability. About SoCalGas SoCalGas is the largest gas distribution utility in the United States serving approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. SoCalGas' mission is to build the cleanest, safest, most innovative energy infrastructure company in America. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service through its pipelines to help advance California's clean energy transition by supporting energy system reliability and resiliency and enabling the integration of renewable resources. SoCalGas is a recognized leader in its industry and community, as demonstrated by being named one of Reuters' Top 100 Innovators Leading the Global Energy Transition and Corporate Member of the Year by the Los Angeles Chamber of Commerce. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading North American energy infrastructure company. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. 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 "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "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: California wildfires, including potential liability for damages regardless of fault and any inability 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, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) 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, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, including risks related to (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, (iv) obtaining third-party consents and approvals, and (v) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations, property disputes and other proceedings, and changes to laws and regulations, including those related to tax and trade policy and 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; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; 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 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 meeting the demand for lower carbon and reliable energy in California, and (iii) with respect to Sempra Infrastructure's business, volatility in foreign currency exchange rates; the impact of climate and sustainability policies, laws, rules, regulations, 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, the risk of nonrecovery for stranded assets, and uncertainty related to relevant emerging and early-stage technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance 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 reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; 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, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. _______________________________1 Over-the-road fleet refers to light-, medium-, and/or heavy-duty company fleet vehicles. SOURCE Southern California Gas Co.

SoCalGas Volunteers to Help Sort 1.8 Million Pounds of Food to Help Labor Community Services "Stamp Out Hunger"

LOS ANGELES, June 7, 2024 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) will help Labor Community Services (LCS) by bringing 100 volunteers to help sort over 1.8 million pounds of food donations collected through the 32 nd Annual National Association of Letter Carriers' (NALC) "Stamp Out Hunger" Food Drive. The company will also present a $25,000 donation to LCS for groceries, which could aid approximately 1,000 families facing food insecurity for up to five days. "Food banks receive the most food donations around Thanksgiving and Christmas. The NALC 'Stamp Out Hunger' food drive was initially started in May to ensure that local food banks have enough stock to meet demand in the spring and summer months when school breakfast and lunch programs are typically unavailable," said Yvonne Wheeler, president of the LA County Federation of Labor, AFL-CIO. "The foundation of the labor movement is solidarity, and it is thanks to NALC Branch 24, Labor Community Services, SoCalGas, and all the volunteers, that 1.8 million pounds of food will now assist our most vulnerable communities across LA County struggling with food insecurity during this poverty crisis." "In the richest nation, there isn't any reason why any family should go to bed hungry tonight. That is why support from community partners like SoCalGas is critical in the fight against food insecurity," said Norma López, executive director of LCS. "As SoCalGas' staff and volunteers help us sort the 1.8 million pounds of food we collected during this year's Stamp Out Hunger Food Drive, we are reminded of the impact that we can make together if we stick with one another so we each have the ability to make a difference in the lives of those who need help to get through the toughest of times." "Labor Community Services and the Los Angeles County Federation of Labor AFL-CIO are dedicated to helping families in need, and SoCalGas is honored to support their efforts to Stamp Out Hunger," said Maryam Brown, president of SoCalGas. "Combatting hunger requires a united community-wide response and we are proud to play a part in that." In Southern California, the "Stamp Out Hunger" Food Drive is conducted through the NALC Branch 24 in collaboration with LCS, and various labor unions affiliated to the AFL-CIO. This year's "Stamp Out Hunger" food drive collaborated with 45 post offices and 51 community partners. For over six decades, LCS, (in collaboration with the AFL-CIO) has been assisting unemployed and underemployed union families in Los Angeles County with groceries during the year via pantries, the "Stamp Out Hunger" Food Drive and holiday toy and food distribution. SoCalGas has supported LCS since 2007, and, in 2023, SoCalGas volunteers sorted 74,000 pounds of food that were distributed to food banks across Los Angeles County to feed approximately 2,900 families. SoCalGas offers programs and services that can help customers manage their natural gas usage and help save energy and money. To see more programs that can help customers save money and energy, visit socalgas.com/Save. As part of SoCalGas' ASPIRE 2045 sustainability strategy, the company plans to invest $50 million into underserved communities over five years, working to advance racial and gender diversity in the workplace and take steps towards a carbon-neutral future. In 2023, SoCalGas contributed $19.2 million in charitable giving, including $15.4 million towards social impact initiatives. Individuals who are interested in helping LCS sort food donations can sign up on its website at lcs-la.org, with volunteer opportunities taking place now through July 1. Media assets here. About SoCalGas Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources. SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure 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 replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep 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 X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about 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 "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "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: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations and other proceedings, and changes to laws and regulations, including those related to tax and trade policy; 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; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance 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 failures in the pipeline system or limitations on the withdrawal of natural gas from storage facilities; 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, 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 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 Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.  SOURCE Southern California Gas Co.

SoCalGas Declares Preferred Dividends

LOS ANGELES, May 30, 2024 /PRNewswire/ -- The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on July 15, 2024, to shareholders of record on June 10, 2024. About SoCalGas Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources. SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure 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 replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep 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 X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company

SoCalGas Receives Organizational Leadership Award from The Climate Registry for its ASPIRE 2045 Sustainability Strategy

The utility is being recognized not only for its own emissions reduction goals, but also for exemplifying leadership in its internal response to climate change and the engagement of its peers, partners, and supply chain. LOS ANGELES, May 23, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced that it has received the prestigious "Organizational Leadership Award" from The Climate Registry (TCR) at the Climate Leadership Conference in Cleveland, Ohio. The award recognizes the utility's ASPIRE 2045 sustainability strategy and leadership in establishing bold goals for reducing greenhouse gas (GHG) emissions and addressing climate change. The Climate Leadership Awards is a national awards program that recognizes the exemplary leadership of influential organizations that are guiding the way in the management and reduction of GHG emissions in their operations and supply chains as well as integrating sustainability and climate resilience initiatives. The Organizational Leadership Award highlights exceptional commitment, initiatives, performance, and outcomes focused on GHG emissions reduction. The Award highlights exceptional commitment, initiatives, performance, and outcomes focused on GHG emissions reduction. "SoCalGas is honored to be recognized by The Climate Registry," said Jawaad Malik, Chief Strategy and Sustainability Officer at SoCalGas. "As California navigates the opportunities and challenges of its clean energy transition, SoCalGas is proud to help advance the state's climate goals through innovation, decarbonization, and collaboration. Together we can achieve meaningful and lasting change that benefits the environment, community, and economy." SoCalGas' ASPIRE 2045 sustainability strategy provides the utility with a framework to accomplish several milestones, including surpassing California's goal of reducing fugitive and vented methane emissions by 20% from a 2015 baseline by 2025, several years ahead of schedule, and nearing the state's goal of a 40% reduction by 2030. 1 SoCalGas has also converted 38% of its over-the-road fleet vehicles 2 to alternative fuel vehicles, with an aim of achieving 50% alternative fuel vehicles by 2025, and a 100% zero emissions vehicle fleet by 2035. The utility continues to make advancements in decarbonizing the fuel it transports, delivering approximately 5% renewable natural gas to its core customers 3 in 2023, with a goal of 20% by 2030. "SoCalGas exemplifies leadership in sustainability with their impressive achievements in methane emissions reduction, energy efficiency programs, renewable natural gas initiatives, clean fleet management, and groundbreaking carbon management projects," said Amy Holm, Executive Director at TCR. "By committing to measurable and transparent efforts to reduce greenhouse gas emissions, SoCalGas sets a positive example for the industry and The Climate Registry applauds their efforts that can help serve as a model for industry peers both domestically and globally." SoCalGas was also recently honored with the top "Business Transformation Award" from Reuters Events for establishing transformative sustainability priorities that have the potential to create impact at scale in their sector and beyond. One such transformative effort, SoCalGas' [H2] Innovation Experience, a clean hydrogen microgrid demonstration project, has been named a World-Changing Idea by Fast Company and was also awarded the U.S. Green Building Council of L.A.'s Sustainable Innovation Award. Learn more about SoCalGas's sustainability efforts at https://www.socalgas.com/sustainability. About SoCalGas Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources.  SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure 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 replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep 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 X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about 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 "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "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: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations and other proceedings, and changes to laws and regulations, including those related to tax and trade policy; 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; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance 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 failures in the pipeline system or limitations on the withdrawal of natural gas from storage facilities; 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,  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 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 Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. 1 Per CPUC rulemaking 15-01-008, thresholds for fugitive and vented methane emissions reductions vary by classification tier, which are based on 2015 emissions percentages. As a class A utility, SoCalGas has specific mandated reduction targets. 2 Over-the-road fleet refers to light-, medium-, and/or heavy-duty company fleet vehicles. 3 Renewable Gas Procurement Standard is a mandatory RNG procurement program on behalf of core customers pursuant to SB 1440. Core customers are customers receiving "core service" as defined in SoCalGas' Tariff Rule No.23. SOURCE Southern California Gas Company

Nonprofit Organizations Can Now Apply for Grants of up to $50,000 to Further Climate Solutions through the SoCal Climate Champions Grant Program

SoCalGas will award nonprofit organizations across the utility's service area with grants for projects, programs, and research that encourage and foster clean, safe, and innovative solutions toward a clean energy future. LOS ANGELES, May 15, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced today that nonprofit organizations can apply for a grant of up to $50,000 from the utility's SoCal Climate Champions Grant program. The program is looking for innovative solutions that help reduce, mitigate, or sequester greenhouse gas emissions, improve air quality, or organic waste diversion solutions in the SoCalGas service area. Since its inception in 2015, the SoCal Climate Champions Grant program has awarded more than 160 grants totaling near $3 million dollars. "Every community-based organization has an opportunity to contribute to the collective solutions needed to reach a carbon-neutral future," said Jawaad Malik, Chief Strategy and Sustainability Officer at SoCalGas. "Together, through the SoCal Climate Champions Grant program, we can turn ideas into action and help empower these organizations working on innovative climate solutions to drive meaningful change." The application window for this year's SoCal Climate Champions grant opened on April 21 and will close on June 21. Applications will go through a multi-phase judging process and grants will be distributed to the awardees in October. Grant recipients will: Receive an award of up to $50,000 to fund new or on-going efforts that align with the Initiative. Gain recognition in a community of accomplished nonprofit leaders from diverse programs. Share their stories through the grant program. Be offered the aid of SoCalGas volunteers. Past awardees include organizations like the Orange County Conservation Corps (OCCC), whose Green Stormwater Infrastructure (GSI) project provides a water management solution for runoff and urban flooding in Orange County. The program also incorporates workforce education and training to provide opportunities for youth in local communities. "This grant helped to enable our corps members to be better equipped to help manage the impact of weather events on our local communities in Orange County," said OCCC's Chief Executive Officer, Katharyn Muniz. "The Green Stormwater Infrastructure project helps the community adapt to a changing climate through resilient management practices like capturing more runoff during prolonged droughts. These practices can also help reduce the effects of urban flooding following heavy rainfall events." Another past awardee, the Cal Poly Pomona Foundation, utilized the grant for their innovative low-cost energy storage system using byproducts of desalination. More than twenty engineering students assisted in developing a lab-scale thermal energy storage system that uses minerals removed during desalination for thermal energy storage. This low-cost and high-efficiency system could help increase the dispatchability of renewable sources and help provide peak load shifting when the grid experiences periods of strain. "Energy storage systems will be key elements of our future power grid in order for it to be run by renewable sources," said Dr. Reza B. Lakeh, project lead and Associate Professor and Graduate Program Coordinator in the Mechanical Engineering Department at Cal Poly Pomona. "At scale, this project has the potential to enhance the availability of clean and sustainable power and water in California." Under the ASPIRE 2045 Sustainability Strategy, SoCalGas plans to invest $50 million into communities the utility serves over five years, working to advance racial and gender diversity in the workplace, and take tangible steps towards a carbon neutral future. Learn more about the application process at https://socalclimatechampionsgrant.com/application. About SoCalGas    Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources.    SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure 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 replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep 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 X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook.     This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about 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 "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "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: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations and other proceedings, and changes to laws and regulations, including those related to tax and trade policy; 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; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance 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 failures in the pipeline system or limitations on the withdrawal of natural gas from storage facilities; 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,  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 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 Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company

Sempra Declares Common Dividend

SAN DIEGO, May 14, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $0.62 per share quarterly dividend on the company's common stock, which is payable July 15, 2024, to common stock shareholders of record at the close of business on June 27, 2024. About Sempra Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. SOURCE Sempra

SoCalGas Releases 2023 Corporate Sustainability Report

The report highlights the utility's progress on its ASPIRE 2045 sustainability strategy LOS ANGELES, May 13, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) released its stand-alone chapter of parent company Sempra's 2023 Corporate Sustainability Report today, demonstrating SoCalGas' dedication to keeping stakeholders informed on the progress of its sustainability strategy, key milestones, and achievements. SoCalGas' ASPIRE 2045 sustainability strategy aligns with Sempra's sustainable business strategy to invest in safe and resilient operations, engage people and communities, and innovate for the future. The report details SoCalGas' ongoing sustainability efforts that support its aim to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045. It also highlights the utility's efforts to modernize its system infrastructure, support the continued development of clean fuels, enhance energy access and affordability, and invest in local communities and its workforce. Click here to read the SoCalGas Corporate Sustainability Report chapter. "Sustainability is a fundamental part of our business strategy. The progress in this report represents our next step in an exciting evolution in serving customers and communities while reducing greenhouse gas emissions, promoting energy efficiency and resiliency, and advancing California's climate goals," says Jawaad Malik Chief Strategy and Sustainability Officer at SoCalGas. "Our ASPIRE 2045 sustainability strategy focuses on key areas where we can create strong positive benefits for our customers, employees, and the communities we serve." 2023 report highlights: Approximately 39% reduction in methane emissions through 2022[1] surpassing 2025 state goal of 20% and nearing 2030 goal of 40%[2] 100% green tariff enrollment for grid-connected company facilities where local electric utility green tariff program is available[3] 38% alternative fuel vehicle conversion of over-the-road-fleet, with aim of 100% zero emission over-the-road fleet vehicles by 2035 100% eligible customers enrolled in support program, enhancing energy access and affordability[4] 100% Renewable Natural Gas (RNG) delivered through SoCalGas compressed natural gas refueling stations 10 RNG interconnections supplying renewable gas to SoCalGas' pipeline network 47.3 million therms avoided by customers through energy efficiency programs – equivalent to the annual gas consumption of approximately 118,000 homes 26% reduction in pipeline excavation damage rate from a 2020 baseline, supporting safety and progressing toward a 2030 target of 40% reduction[5] $1.02 billion spent with diverse suppliers[6] making up 44% of total procurement, including 152 new diverse firms in 2023, totaling $54 million dollars "Thanks to SoCalGas' Climate Champions Grant program, our organization was better equipped to take on ecosystem degradation in the Santa Monica Mountains and increase biodiversity while creating employment opportunities for disadvantaged youths with limited resources," said Deanna Armbruster, Executive Director at Santa Monica Mountains Fund. "SoCalGas' sustainability investments continue to play a vital role in fostering community development, promoting environmental stewardship, and improving the well-being of in our local communities." SoCalGas is a leader among utilities in its sustainability goals and was among the first and largest natural gas distribution utilities in the United States to announce its aim to achieve net-zero greenhouse gas emissions by 2045. Additionally, SoCalGas' energy efficiency programs are some of the largest in the United States. The utility recently earned the ENERGY STAR "Partner of the Year Award" by the U.S. Environmental Protection Agency (EPA) for the second consecutive year and was a founding member of the EPA Natural Gas Star Program in 1993, voluntarily implementing technologies and practices to reduce methane emissions. SoCalGas was also recently honored with the top "Business Transformation Award" from Reuters Events for establishing transformative sustainability priorities that have the potential to create impact at scale in their sector and beyond. One such transformative effort, SoCalGas' [H2] Innovation Experience, a clean hydrogen microgrid demonstration project, has been named a World-Changing Idea by Fast Company and was also awarded the U.S. Green Building Council of L.A.'s Sustainable Innovation Award. Learn more about SoCalGas's sustainability efforts at https://www.socalgas.com/sustainability. About SoCalGas    Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources.    SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure 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 replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep 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 X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook.     This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about 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 "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "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: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations and other proceedings, and changes to laws and regulations, including those related to tax and trade policy; 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; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance 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 failures in the pipeline system or limitations on the withdrawal of natural gas from storage facilities; 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,  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 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 Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. [1] Based on third-party verification under ISO 14064-3:2019 Standard using a 2015 baseline calculation of methane emissions (leaks and vented emissions) through 2022.[2] Based on goals established in Senate Bill (SB) 1371 and SB 1383[3] Reflective of facilities where local electric utility green tariff program is available, representing approximately 86% of all grid-connected company facilities.[4] The California Alternative Rates for Energy (CARE) Program is available for eligible low-income customers to receive a 20% discount on their natural gas bill. The California Public Utilities Commission (CPUC) sets CARE enrollment rate goals for each regulated utility, which may vary by year. 2023 figures reflect enrollment rates of 110% for SoCalGas, calculated based on actual customer enrollment against an estimated total of income-eligible customers as determined and defined by the CPUC.[5] Attaining the 2030 target will require continued program expansion including hiring additional Damage Prevention Analysts and implementing improvement initiatives such as the 811 Ambassador Program. [6] Reflects the categories subject to the CPUC's General Order 156 SOURCE Southern California Gas Company

Sempra Releases Ideas with Energy, 2023 Corporate Sustainability Report

SAN DIEGO, May 9, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today shared its 2023 Corporate Sustainability Report – Ideas with Energy – highlighting how the company's sustainable business practices are helping to improve its scale, resiliency and risk profile, while also contributing to a healthier, more secure and prosperous future for its stakeholders. "In many ways, the opportunity to improve health, well-being and prosperity depends on the buildout and modernization of energy infrastructure – and that is the focus of our corporate strategy," said Jeffrey W. Martin, chairman and CEO of Sempra. "The success of our company is driven by our high-performance team that is motivated by our shared values—do the right thing, champion people and shape the future. We will continue to approach global energy challenges with an entrepreneurial mindset, steadfast optimism and confidence in our collective strength to deliver energy with purpose." Sempra's three growth platforms – Sempra California, Sempra Texas and Sempra Infrastructure – are strategically positioned in significant economic markets where public policy supports increased investment in transmission and distribution infrastructure. This portion of the energy value chain is often viewed as critical to enabling widespread adoption of clean transportation, greater renewable penetration, and more reliable and resilient grids that power growing economies. In its 2023 corporate sustainability report, Sempra updated its sustainable business strategy to reflect three areas that are pivotal to meeting these evolving market needs: Investing in safe and resilient operations: Sempra prioritizes investments designed to strengthen the safety and resilience of its energy networks. Engaging people and communities: Sempra fosters a high-performance culture built on ethical business practices and responsible engagement with our communities and stakeholders. Innovating for the future: Sempra advances commercial, technology, regulatory and policy innovations to better serve the evolving needs of customers and society at large. "Our updated strategy is a testament to our proactive efforts to help build a more agile, resilient and sustainable business for all our stakeholders," said Lisa Larroque Alexander, senior vice president of corporate affairs and chief sustainability officer of Sempra. "This report showcases the collective efforts and ingenuity of our employees, suppliers, business partners and customers who join together to advance a better future for all." The sustainability report is part of the company's ongoing stakeholder engagement program which also includes its Annual Shareholder Meeting, being held virtually today, as well as with robust discussions throughout the year with employees, policy makers, shareholders and other stakeholders. View the full report and learn more about our sustainability journey at: www.sempra.com/2023-corporate-sustainability-report. About Sempra Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about 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 "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "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: California wildfires, including potential liability for damages regardless of fault and any inability 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, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) 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, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, including risks related to (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, (iv) obtaining third-party consents and approvals and (v) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations, property disputes and other proceedings, and changes to laws and regulations, including those related to tax and trade policy and 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; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; 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 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 meeting the demand for lower carbon and reliable energy in California, and (iii) with respect to Sempra Infrastructure's business, volatility in foreign currency exchange rates; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance 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 reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; 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, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra

A letter from our chief sustainability officer

At Sempra, our mission to be North America’s premier energy infrastructure company centers on the idea of lifting up those we serve. In communities around the world, energy infrastructure underpins safety, health and well-being, and economic prosperity. As one of the largest operators of energy grids in North America, we are energized by our opportunity to help enable safer, healthier and more prosperous communities. We imagine a future increasingly resilient to severe weather, where businesses and people of all ages and backgrounds thrive with access to secure, affordable and cleaner energy. The theme of this year’s sustainability report, Ideas with Energy, speaks to our work to help achieve this future. Our sustainable business practices are key to executing our mission. In 2023, working with our board of directors and with the input of many stakeholders, we refreshed our sustainable business strategy to further scale our business and create long-term value for our stakeholders. This strategy includes: Investing in safe and resilient operations: Safety is foundational to our operations, business and communities we serve. We prioritize investments that strengthen safety and resilience, while also modernizing energy infrastructure and embracing technology to better serve our customers. Engaging people and communities: Our high-performance culture starts with shared trust and diversity of experiences and also extends to our responsible engagement with customers, policy makers, investors and other stakeholders. We invest in our employees and the communities we serve and endeavor to assess and improve our impact every year. Innovating for the future: Our innovation strategy focuses on developing capabilities to efficiently pilot and deploy new technologies — and it doesn’t stop there. Our organizational capacity extends to structuring new commercial partnerships to advance our corporate strategy and help meet evolving customer and market needs. We operationalize these strategies across Sempra’s three growth platforms — Sempra California, Sempra Texas and Sempra Infrastructure — through our shared governance model. In combination, this results in a more goal-driven and scalable enterprise with an improved risk profile and greater transparency around long-term performance for its shareholders. For our stakeholders, a healthier, more secure and prosperous future tied to success in scaling and modernizing the energy grid. We couldn’t be more excited about our mission. Thank you for your interest in our company as we advance Ideas with energy. Lisa Larroque Alexander Senior Vice President, Corporate Affairs and Chief Sustainability Officer

Sempra Reports First-Quarter 2024 Results

Reports $3B System Resiliency Plan Filed at Oncor Reaches FID on Cimarr ó n Wind Farm at Sempra Infrastructure SAN DIEGO, May 7, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today reported first-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $801 million or $1.26 per diluted share, compared to first-quarter 2023 GAAP earnings of $969 million or $1.53 per diluted share. On an adjusted basis, first-quarter 2024 earnings were $854 million or $1.34 per diluted share, compared to $922 million, or $1.46 per diluted share in 2023. "At Sempra, we are off to a great start in 2024. We are seeing strong economic growth in our core markets with increased interest in renewables, electric vehicles, digital infrastructure and the continued electrification of the economy," said Jeffrey W. Martin, chairman and CEO of Sempra. "Our infrastructure-centered strategy has us well positioned to continue modernizing and expanding the energy grid to help meet the needs of our customers." 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 first-quarter 2024 and 2023. (Dollars and shares in millions, except EPS) Three months ended March 31, 2024 2023 GAAP Earnings $ 801 $ 969 Equity losses from write-off of rate base disallowances resulting from Public Utility Commission of Texas' final order in Oncor Electric Delivery Company LLC's comprehensive base rate review — 44 Impact from foreign currency and inflation on monetary positions in Mexico 41 109 Net unrealized losses (gains) on derivatives 12 (217) Net unrealized losses on contingent interest rate swap related to initial phase of the Port Arthur LNG liquefaction project — 17 Adjusted Earnings (1) $ 854 $ 922 Diluted Weighted-Average Common Shares Outstanding 635 632 GAAP EPS $ 1.26 $ 1.53 Adjusted EPS (1) $ 1.34 $ 1.46 1) See Table A for information regarding non-GAAP financial measures. Sempra California Sempra California continues to invest in innovation and infrastructure to help meet the state's clean energy goals. In March, Sempra California joined its peers in filing an application with the California Public Utilities Commission (CPUC) to develop a series of projects to demonstrate hydrogen blending in the natural gas system. Hydrogen blending has been identified by California as a key component of its efforts to achieve the state's decarbonization goals. This application is an important step toward development of a statewide standard for hydrogen blending with a view toward accelerating the expansion of a cleaner, more resilient grid. Furthering its track record of helping California lead the nation in electric vehicle adoption, San Diego Gas & Electric Co. recently celebrated the installation of charging infrastructure to provide reliable and accessible charging options for medium- to heavy-duty electric freight trucks crossing the U.S.- Mexico border. Additionally, the U.S. Environmental Protection Agency recognized Southern California Gas Co. with an ENERGY STAR Partner of the Year distinction for exemplary dedication to energy efficiency programs that help customers save money and reduce emissions. Of note, progress also continues with the general rate cases before the CPUC. A proposed decision is anticipated in second-quarter 2024 with a final decision expected before year end. As a result, Sempra California recorded CPUC revenues in first-quarter 2024 based on 2023 authorized levels. Sempra Texas Sempra Texas continues to see broad economic expansion across its service territory with notable growth in residential, commercial and industrial development, including the siting and development of digital infrastructure such as data centers and microchip and semiconductor manufacturing facilities. Yesterday, Oncor Electric Delivery Company LLC (Oncor) filed a system resiliency plan outlining nearly $3 billion of strategic capital investments to be invested over the next three years in system hardening and grid modernization, cyber threat prevention, enhanced vegetation management, wildfire mitigation, new technology and other resiliency measures. These investments build upon the measures already in place and represent Oncor's first proposed plan under the new regulatory framework established by Texas House Bill 2555, which aims to improve reliability and resiliency for customers and improve the timeliness of cost recovery for expenditures in approved plans. In accordance with the referenced law, the Public Utility Commission of Texas may take up to 180 days to review the plan, and if approved, Oncor expects to begin implementing the plan in 2025. At the end of first-quarter 2024, Oncor had 781 active generation and large commercial and industrial transmission point-of-interconnection (POI) requests in queue, representing a 20% increase as compared to the end of first-quarter 2023. In first-quarter 2024, Oncor placed into service 9 major substations and 24 circuit miles of new or upgraded high-voltage transmission lines within the jurisdiction of the Electric Reliability Council of Texas. Sempra Infrastructure Sempra Infrastructure's operational excellence and strong project development capabilities continue to drive its strategy of executing on energy infrastructure projects expected to play a crucial role in the energy systems of the future. This includes continued development of liquefied natural gas export facilities, associated pipelines, renewables, carbon capture and energy networks. Construction of Energía Costa Azul LNG Phase 1 and Port Arthur LNG Phase 1 remain on schedule. Energía Costa Azul LNG Phase 1 construction is now over 80% complete and remains on track to commence commercial operations in summer 2025. Additionally, Sempra Infrastructure made a positive final investment decision and began construction of the Cimarrón wind project, the third phase of the Energía Sierra Juarez (ESJ) wind complex. The total project is anticipated to provide approximately 320 megawatts of wind capacity. The Cimarrón project will utilize Sempra Infrastructure's existing cross-border, high-voltage transmission line interconnecting the ESJ wind complex directly into the California Independent System Operator grid to support a 20-year power purchase agreement with Silicon Valley Power in Santa Clara, Calif. Total capital expenditures for the project are estimated at $550 million, and the project is expected to commence generating energy in late 2025. Earnings Guidance Sempra is updating its full-year 2024 GAAP earnings per common share (EPS) guidance range to $4.52 to $4.82 reflecting actual results through the first quarter, affirming its full-year 2024 adjusted EPS guidance range of $4.60 to $4.90, and affirming its full-year 2025 EPS guidance range of $4.90 to $5.25. The company is also affirming its projected long-term EPS growth rate of 6% to 8%. Non-GAAP Financial Measures Non-GAAP financial measures include Sempra's adjusted earnings, adjusted EPS and adjusted EPS guidance range. See Table A for additional information regarding these non-GAAP financial measures. Internet Broadcast Sempra will broadcast a live discussion of its earnings results over the internet today at 12 p.m. ET with 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 (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about 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 "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "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: California wildfires, including potential liability for damages regardless of fault and any inability 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, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) 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, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions, including risks related to (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, (iv) obtaining third-party consents and approvals and (v) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations, property disputes and other proceedings, and changes to laws and regulations, including those related to tax and trade policy and 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; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; 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 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 meeting the demand for lower carbon and reliable energy in California, and (iii) with respect to Sempra Infrastructure's business, volatility in foreign currency exchange rates; the impact of climate and sustainability policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance 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 reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; 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, 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 Table A CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in millions, except per share amounts; shares in thousands) Three months ended March 31, 2024 2023 REVENUES Utilities: Natural gas $ 2,109 $ 4,412 Electric 1,056 1,027 Energy-related businesses 475 1,121 Total revenues 3,640 6,560 EXPENSES AND OTHER INCOME Utilities: Cost of natural gas (554) (2,683) Cost of electric fuel and purchased power (89) (114) Energy-related businesses cost of sales (109) (193) Operation and maintenance (1,212) (1,209) Depreciation and amortization (594) (539) Franchise fees and other taxes (184) (192) Other income, net 99 41 Interest income 13 24 Interest expense (305) (366) Income before income taxes and equity earnings 705 1,329 Income tax expense (172) (376) Equity earnings 348 219 Net income 881 1,172 Earnings attributable to noncontrolling interests (69) (192) Preferred dividends (11) (11) Earnings attributable to common shares $ 801 $ 969 Basic earnings per common share (EPS): Earnings $ 1.27 $ 1.54 Weighted-average common shares outstanding 632,821 629,838 Diluted EPS: Earnings $ 1.26 $ 1.53 Weighted-average common shares outstanding 635,354 632,248 SEMPRA Table A (Continued) RECONCILIATION OF SEMPRA ADJUSTED EARNINGS TO SEMPRA GAAP EARNINGS Sempra Adjusted Earnings and Adjusted EPS exclude items (after the effects of income taxes and, if applicable, noncontrolling interests (NCI)) in 2024 and 2023 as follows: Three months ended March 31, 2024: $(41) million impact from foreign currency and inflation on our monetary positions in Mexico $(12) million net unrealized losses on commodity derivatives Three months ended March 31, 2023: $(44) million equity losses from investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings) related to a write-off of rate base disallowances resulting from the Public Utility Commission of Texas' (PUCT) final order in Oncor Electric Delivery Company LLC's (Oncor) comprehensive base rate review $(109) million impact from foreign currency and inflation on our monetary positions in Mexico $217 million net unrealized gains on commodity derivatives $(17) million net unrealized losses on a contingent interest rate swap related to the initial phase of the Port Arthur LNG liquefaction project (PA LNG Phase 1 project) 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 on our monetary positions in Mexico and net 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. RECONCILIATION OF ADJUSTED EARNINGS TO GAAP EARNINGS (Dollars in millions, except EPS; shares in thousands) Pretax amount Income tax expense (benefit) (1) Non- controlling interests Earnings Pretax amount Income tax expense (benefit) (1) Non- controlling interests Earnings Three months ended March 31, 2024 Three months ended March 31, 2023 Sempra GAAP Earnings $ 801 $ 969 Excluded items: Equity losses from write-off of rate base disallowances resulting from PUCT's final order in Oncor's comprehensive base rate review $ — $ — $ — — $ — $ — $ — 44 Impact from foreign currency and inflation on monetary positions in Mexico 7 53 (19) 41 25 135 (51) 109 Net unrealized losses (gains) on commodity derivatives 23 (3) (8) 12 (428) 85 126 (217) Net unrealized losses on contingent interest rate swap related to PA LNG Phase 1 project — — — — 33 (6) (10) 17 Sempra Adjusted Earnings $ 854 $ 922 Diluted EPS: Weighted-average common shares outstanding, diluted 635,354 632,248 Sempra GAAP EPS $ 1.26 $ 1.53 Sempra Adjusted EPS $ 1.34 $ 1.46 (1) Income taxes on pretax amounts were primarily calculated based on applicable statutory tax rates. We record equity losses from our investment in Oncor Holdings net of income tax. SEMPRA Table A (Continued) RECONCILIATION OF SEMPRA 2024 ADJUSTED EPS GUIDANCE RANGE TO SEMPRA 2024 GAAP EPS GUIDANCE RANGE Sempra 2024 Adjusted EPS Guidance Range of $4.60 to $4.90 excludes items (after the effects of income taxes and, if applicable, NCI) as follows: $(41) million impact from foreign currency and inflation on our monetary positions in Mexico $(12) million net unrealized losses on commodity derivatives Sempra 2024 Adjusted EPS Guidance is a non-GAAP financial measure. This non-GAAP financial measure excludes significant items that are generally not related to our ongoing business activities and/or infrequent in nature. This non-GAAP financial measure also excludes the impact from foreign currency and inflation on our monetary positions in Mexico and net unrealized gains and losses on commodity derivatives for the three months ended March 31, 2024, which we expect to occur in future periods, and which can vary significantly from one period to the next. Exclusion of these items is useful to management and investors because it provides a meaningful comparison of the performance of Sempra's business operations to prior and future periods. Sempra 2024 Adjusted EPS Guidance Range should not be considered an alternative to Sempra 2024 GAAP EPS Guidance Range. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles Sempra 2024 Adjusted EPS Guidance Range to Sempra 2024 GAAP EPS Guidance Range, which we consider to be the most directly comparable financial measure calculated in accordance with GAAP. RECONCILIATION OF ADJUSTED EPS GUIDANCE RANGE TO GAAP EPS GUIDANCE RANGE Full-Year 2024 Sempra GAAP EPS Guidance Range $ 4.52 to $ 4.82 Excluded items: Impact from foreign currency and inflation on monetary positions in Mexico 0.06 0.06 Net unrealized losses on commodity derivatives 0.02 0.02 Sempra Adjusted EPS Guidance Range $ 4.60 to $ 4.90 Weighted-average common shares outstanding, diluted (millions) 637 SEMPRA Table B CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) March 31, 2024 December 31, 2023 (1) ASSETS Current assets: Cash and cash equivalents $ 606 $ 236 Restricted cash 121 49 Accounts receivable – trade, net 2,075 2,151 Accounts receivable – other, net 552 561 Due from unconsolidated affiliates 46 31 Income taxes receivable 79 94 Inventories 458 482 Prepaid expenses 286 273 Regulatory assets 52 226 Fixed-price contracts and other derivatives 124 122 Greenhouse gas allowances 1,176 1,189 Other current assets 65 56 Total current assets 5,640 5,470 Other assets: Restricted cash 107 104 Regulatory assets 3,982 3,771 Greenhouse gas allowances 532 301 Nuclear decommissioning trusts 886 872 Dedicated assets in support of certain benefit plans 559 549 Deferred income taxes 134 129 Right-of-use assets – operating leases 715 723 Investment in Oncor Holdings 14,545 14,266 Other investments 2,235 2,244 Goodwill 1,602 1,602 Other intangible assets 311 318 Wildfire fund 262 269 Other long-term assets 1,776 1,603 Total other assets 27,646 26,751 Property, plant and equipment, net 56,318 54,960 Total assets $ 89,604 $ 87,181 (1) Derived from audited financial statements. SEMPRA Table B (Continued) CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED) (Dollars in millions) March 31, 2024 December 31, 2023 (1) LIABILITIES AND EQUITY Current liabilities: Short-term debt $ 1,659 $ 2,342 Accounts payable – trade 1,955 2,211 Accounts payable – other 234 224 Due to unconsolidated affiliates — 5 Dividends and interest payable 737 691 Accrued compensation and benefits 376 526 Regulatory liabilities 952 553 Current portion of long-term debt and finance leases 593 975 Greenhouse gas obligations 1,176 1,189 Other current liabilities 1,382 1,374 Total current liabilities 9,064 10,090 Long-term debt and finance leases 29,519 27,759 Deferred credits and other liabilities: Due to unconsolidated affiliates 298 307 Regulatory liabilities 3,887 3,739 Greenhouse gas obligations 146 — Pension and other postretirement benefit plan obligations, net of plan assets 431 407 Deferred income taxes 5,588 5,254 Asset retirement obligations 3,663 3,642 Deferred credits and other 2,347 2,329 Total deferred credits and other liabilities 16,360 15,678 Equity: Sempra shareholders' equity 29,135 28,675 Preferred stock of subsidiary 20 20 Other noncontrolling interests 5,506 4,959 Total equity 34,661 33,654 Total liabilities and equity $ 89,604 $ 87,181 (1) Derived from audited financial statements. SEMPRA Table C CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in millions) Three months ended March 31, 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 881 $ 1,172 Adjustments to reconcile net income to net cash provided by operating activities 469 357 Net change in working capital components 319 451 Distributions from investments 232 199 Changes in other noncurrent assets and liabilities, net (50) (199) Net cash provided by operating activities 1,851 1,980 CASH FLOWS FROM INVESTING ACTIVITIES Expenditures for property, plant and equipment (1,933) (1,830) Expenditures for investments (193) (85) Purchases of nuclear decommissioning and other trust assets (197) (181) Proceeds from sales of nuclear decommissioning and other trust assets 217 199 Other (1) 2 Net cash used in investing activities (2,107) (1,895) CASH FLOWS FROM FINANCING ACTIVITIES Common dividends paid (362) (360) Issuances of common stock 10 — Repurchases of common stock (40) (31) Issuances of debt (maturities greater than 90 days) 2,044 1,986 Payments on debt (maturities greater than 90 days) and finance leases (846) (1,803) (Decrease) increase in short-term debt, net (498) 168 Advances from unconsolidated affiliates 45 14 Proceeds from sale of noncontrolling interests — 265 Distributions to noncontrolling interests (111) (43) Contributions from noncontrolling interests 474 97 Settlement of cross-currency swaps — (99) Other (16) (43) Net cash provided by financing activities 700 151 Effect of exchange rate changes on cash, cash equivalents and restricted cash 1 5 Increase in cash, cash equivalents and restricted cash 445 241 Cash, cash equivalents and restricted cash, January 1 389 462 Cash, cash equivalents and restricted cash, March 31 $ 834 $ 703 SEMPRA Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES AND INVESTMENTS (Dollars in millions) Three months ended March 31, 2024 2023 Earnings (Losses) Attributable to Common Shares Sempra California $ 582 $ 618 Sempra Texas Utilities 183 83 Sempra Infrastructure 131 315 Parent and other (95) (47) Total $ 801 $ 969 Three months ended March 31, 2024 2023 Capital Expenditures and Investments Sempra California $ 1,143 $ 1,082 Sempra Texas Utilities 193 85 Sempra Infrastructure 790 744 Parent and other — 4 Total $ 2,126 $ 1,915 SEMPRA Table E OTHER OPERATING STATISTICS Three months ended March 31, 2024 2023 UTILITIES Sempra California Gas sales (Bcf) (1) 122 145 Transportation (Bcf) (1) 142 149 Total deliveries (Bcf) (1) 264 294 Total gas customer meters (thousands) 7,089 7,049 Electric sales (millions of kWhs) (1) 935 1,596 Community Choice Aggregation and Direct Access (millions of kWhs) 3,169 2,732 Total deliveries (millions of kWhs) (1) 4,104 4,328 Total electric customer meters (thousands) 1,522 1,507 Oncor (2) Total deliveries (millions of kWhs) 37,313 34,779 Total electric customer meters (thousands) 3,988 3,912 Ecogas México, S. de R.L. de C.V. Natural gas sales (Bcf) 1 1 Natural gas customer meters (thousands) 159 152 ENERGY-RELATED BUSINESSES Sempra Infrastructure Termoeléctrica de Mexicali (millions of kWhs) 980 569 Wind and solar (millions of kWhs) (1) 719 812 (1) Includes intercompany sales. (2) Includes 100% of the electric deliveries and customer meters of Oncor, in which we hold an indirect 80.25% interest through our investment in Oncor Holdings. SEMPRA Table F STATEMENTS OF OPERATIONS DATA BY SEGMENT (Dollars in millions) Three months ended March 31, 2024 Sempra California Sempra Texas Utilities Sempra Infrastructure Consolidating Adjustments, Parent & Other Total Revenues $ 3,141 $ — $ 519 $ (20) $ 3,640 Cost of sales and other expenses (1,833) (2) (310) (3) (2,148) Depreciation and amortization (521) — (72) (1) (594) Other income, net 80 — 4 15 99 Income (loss) before interest and tax (1) 867 (2) 141 (9) 997 Net interest (expense) income (202) — 5 (95) (292) Income tax (expense) benefit (83) — (109) 20 (172) Equity earnings — 185 163 — 348 Earnings attributable to noncontrolling interests — — (69) — (69) Preferred dividends — — — (11) (11) Earnings (losses) attributable to common shares $ 582 $ 183 $ 131 $ (95) $ 801 Three months ended March 31, 2023 Sempra California Sempra Texas Utilities Sempra Infrastructure Consolidating Adjustments, Parent & Other Total Revenues $ 5,415 $ — $ 1,196 $ (51) $ 6,560 Cost of sales and other expenses (4,066) (1) (355) 31 (4,391) Depreciation and amortization (468) — (69) (2) (539) Other income, net 20 — 10 11 41 Income (loss) before interest and tax (1) 901 (1) 782 (11) 1,671 Net interest expense (182) — (80) (80) (342) Income tax (expense) benefit (101) — (330) 55 (376) Equity earnings — 84 135 — 219 Earnings attributable to noncontrolling interests — — (192) — (192) Preferred dividends — — — (11) (11) Earnings (losses) attributable to common shares $ 618 $ 83 $ 315 $ (47) $ 969 (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. SOURCE Sempra

SoCalGas Earns ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency for the Second Consecutive Year

The award is one of the ENERGY STAR program's highest levels of recognition and reflects the utility's efforts to help its customers save money, conserve energy and transition to a net-zero emissions future. LOS ANGELES, April 30, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced today that the utility was selected by the U.S. Environmental Protection Agency (EPA) as an ENERGY STAR Partner of the Year for the second consecutive year for demonstrating exemplary dedication to energy efficiency and the ENERGY STAR program. SoCalGas was recognized from a network of thousands of ENERGY STAR partners for the utility's focus on providing direct engagement and incentives for ENERGY STAR products to underserved communities. In 2023, SoCalGas helped customers save over $14 million dollars through ENERGY STAR product rebates. SoCalGas' energy efficiency programs are some of the largest in the United States. Over the last five years, they have helped save SoCalGas customers over $241 million in utility bill costs and delivered more than 219 million therms in energy savings. That's enough natural gas usage for approximately 548,000 households a year and reduced greenhouse gas emissions (GHGs) by over 1.2 million metric tons, the equivalent of removing over 250,000 cars from the road annually. "As part of our ASPIRE 2045 sustainability strategy, we strongly believe that increasing access to affordable and more sustainable energy solutions is vital for an equitable transition to a carbon neutral future," says Don Widjaja, vice president of customer services – field & solutions at SoCalGas. "By reducing energy consumption, our energy efficiency programs help to decrease greenhouse gas emissions, lower energy bills for households and businesses, and improve the environment and quality of life in the communities we serve." In 2023, SoCalGas helped customers save over $14 million dollars through ENERGY STAR product rebates. The SoCalGas residential rebate program supported the purchase of approximately 16,500 ENERGY STAR natural gas tankless water heaters, 15,500 ENERGY STAR smart thermostats and 10,600 natural gas dryers. "President Biden's Investing in America agenda creates unprecedented opportunity to build a clean energy economy, and private sector partners through programs like ENERGY STAR are leading the way," said EPA Administrator Michael S. Regan. "I congratulate this year's ENERGY STAR award winners for their innovation and leadership, in delivering cost-effective energy efficient solutions that create jobs, address climate change, and contribute to a healthier environment for all." Energy efficiency is also helping to advance SoCalGas' ASPIRE 2045 aim to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045. For more ways to lower energy cost and usage throughout the year, the SoCalGas Marketplace offers affordable energy-efficiency financing, energy efficiency rebates, and assistance programs. SoCalGas was the only utility in California recognized at the ENERGY STAR Awards Celebration in Washington D.C on April 25. For a complete list of the 2024 winners and more information about ENERGY STAR's awards program, visit energystar.gov/awardwinners. About SoCalGas   Headquartered in Los Angeles, SoCalGas is the largest gas distribution utility in the United States. SoCalGas aims to deliver affordable, reliable, and increasingly renewable gas service to approximately 21 million consumers across approximately 24,000 square miles of Central and Southern California. We believe gas delivered through our pipelines plays a key role in California's clean energy transition by supporting energy system reliability and resiliency and enabling integration of renewable resources.   SoCalGas' mission is to build the cleanest, safest and most innovative energy infrastructure 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 replace 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. RNG can be made from waste created by landfills and wastewater treatment plants. SoCalGas is also investing in its gas delivery infrastructure while working to keep 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 X (formerly Twitter) (@SoCalGas), Instagram (@SoCalGas) and Facebook.    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about 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 "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "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: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals, and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitrations and other proceedings, and changes to laws and regulations, including those related to tax and trade policy; 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; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate and sustainability policies, laws, rules, regulations, 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, the risk of nonrecovery for stranded assets, and uncertainty related to relevant emerging and early-stage technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance 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 failures in the pipeline system or limitations on the withdrawal of natural gas from storage facilities; 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,  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 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 Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company

Sempra Named a Best Employer for Diversity by Forbes

SAN DIEGO, April 25, 2024 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to Forbes Best Employers for Diversity in 2024, marking the sixth consecutive year the company has earned a spot on the annual list recognizing strong workforce development and employee engagement practices. "At Sempra, we recognize that business performance starts with a high-performance culture — one that is anchored in safety, operational excellence and employee development – and continuously strengthened by the diversity of our employees' backgrounds and experiences," said Deborah Martin, vice president of people and culture and chief diversity officer of Sempra. "We have created a workplace where our employees can feel secure sharing their unique opinions, perspectives and insights. It is an environment where ideas and innovation thrive, powering our journey to be North America's premier energy infrastructure company." Sempra strives to cultivate a working environment of understanding and belonging through direct engagement with employees including nearly two dozen dynamic and active employee resource groups and local diversity and inclusion councils, enterprise-wide events covering topics such as allyship and mental health awareness, and training focused on inclusive leadership. Sempra has been consistently recognized for its responsible business practices and high-performance culture, including earning a place in the JUST 100 list by CNBC and JUST Capital, Newsweek's list of America's Most Responsible Companies, The Wall Street Journal's list of Best-Managed Companies and the Dow Jones Sustainability North America Index. The Best Employers for Diversity 2024, presented by Forbes and Statista Inc., were identified in an independent survey from a sample of over 170,000 U.S.-based employees working for companies employing at least 1,000 people within the U.S. The evaluation was based on personal recommendations, public recommendations and other key performance indicators. Extensive research was carried out to evaluate how companies fared across a range of diversity-related best-practices, including representation, accountability and communication, internal initiatives, and external involvement. About Sempra Sempra (NYSE: SRE) is a leading North American energy infrastructure company focused on delivering energy to nearly 40 million consumers. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving the energy resilience of some of the world's most significant economic markets, including California, Texas, Mexico and global energy markets. The company is recognized as a leader in sustainable business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in the Dow Jones Sustainability Index North America and in The Wall Street Journal's Best Managed Companies. More information about Sempra is available at sempra.com and on social media @Sempra. SOURCE Sempra

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