Third Quarter 2022 Earnings Results November 3, 2022 INFORMATION REGARDING FORWARD- LOOKING STATEMENTS This presentation 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 forwar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) | | | | | Former name, former address | | --- | --- | --- | --- | --- | | | | | I.R.S. Employer | and former fiscal year, if | | Commission | Exact Name of Registrant as Specified in its Charter, | State of | Identification | changed since | | File No. | Address of Principal Executive Office and Telephone Number | Incorporation | No. | last report | | 1-14201 | SEMPRA ENERGY | California | 33-0732627 | No change | | ...

Financial Data and Key Metrics Changes - For Q3 2022, Sempra reported adjusted earnings per share (EPS) of $1.97, up from $1.70 in Q3 2021, and year-to-date adjusted EPS of $6.87 compared to $6.27 in the same period last year [16][48] - The company raised its full year 2022 adjusted EPS guidance range to $8.70 to $9 per share, affirming its existing full year 2023 EPS guidance range [16][61] - GAAP earnings for Q3 2022 were $485 million or $1.53 per share, compared to a loss of $648 million or $2.03 per share in Q3 2021 [46] Business Line Data and Key Metrics Changes - Sempra California saw a $79 million increase in earnings due to income tax benefits and CPUC base operating margin [50] - Sempra Texas Utilities reported a $50 million increase in equity earnings, driven by higher consumption and customer growth [50] - Sempra Infrastructure experienced a $74 million decrease in earnings attributed to higher noncontrolling interest [50] Market Data and Key Metrics Changes - Oncor added 14,000 new premises in Q3 2022, maintaining a long-term premise growth expectation of approximately 2%, significantly above the national average [30][90] - Oncor also added 65 new transmission interconnection requests, indicating strong demand for renewable energy in its service territory [31] Company Strategy and Development Direction - Sempra aims to build one of the largest and most resilient energy networks in North America, focusing on modernizing energy grids and developing large-scale export facilities for natural gas [10][12] - The company is strategically positioned to benefit from the Inflation Reduction Act, which incentivizes investments in clean energy [17][18] - Sempra is advancing projects like Port Arthur LNG Phase 1 and exploring opportunities in carbon capture and hydrogen blending [21][34] Management's Comments on Operating Environment and Future Outlook - Management highlighted the ongoing global energy crisis and the need for a modern energy network to support cleaner energy and economic growth [10][12] - The company expressed optimism about its growth platforms and reaffirmed its guidance for 2023, citing strong operational performance across all segments [61][68] Other Important Information - Sempra recorded a $101 million after-tax charge in Q3 2022 related to the Aliso Canyon natural gas storage facility leak settlement [29] - The company is working on financing strategies for Port Arthur LNG, including raising capital through debt and equity [34][80] Q&A Session Summary Question: Update on Port Arthur LNG Phase 1 and potential Phase 2 - Management confirmed strong interest in Phase 2 and highlighted the strategic advantages of the Port Arthur site, including its capacity for expansion [55][56] Question: Guidance assumptions for 2023 - Management reaffirmed 2023 guidance, emphasizing the strength of growth platforms and the impact of ongoing projects [59][61] Question: Impact of housing market on infrastructure needs - Oncor's management noted continued long-term growth projections despite short-term dips in residential construction due to supply chain issues [90] Question: Update on Angeles Link project - Management indicated positive feedback from stakeholders and filed for a memo account to capture costs related to the project [74] Question: Financing flexibility for Port Arthur - Management discussed efforts to limit external equity at the Sempra level while raising capital through project-level equity and debt [78][80]

Sempra (NYSE:SRE) Q2 2022 Earnings Conference Call August 4, 2022 12:00 PM ET Company Participants Glen Donovan - IR Jeffrey Martin - Chairman and CEO Trevor Mihalik - EVP and CFO Kevin Sagara - EVP and Group President Justin Bird - CEO of Sempra Infrastructure Allen Nye - Chief Executive, Oncor Peter Wall - SVP, Controller and CAO Faisel Khan - SVP, Finance Conference Call Participants Shar Pourreza - Guggenheim Partners David Arcaro - Morgan Stanley Nick Campanella - Credit Suisse Julien Dumoulin-Smith - ...

| | | | | Former name, former address | | --- | --- | --- | --- | --- | | | | | I.R.S. Employer | and former fiscal year, if | | Commission | Exact Name of Registrant as Specified in its Charter, | State of | Identification | changed since | | File No. | Address of Principal Executive Office and Telephone Number | Incorporation | No. | last report | | 1-14201 | SEMPRA ENERGY | California | 33-0732627 | No change | | | 488 8th Avenue | | | | | | San Diego, California | | | | | | 92101 | | | | | | (619) 696-2 ...

First Quarter 2022 Earnings Results May 5, 2022 INFORMATION REGARDING FORWARD- LOOKING STATEMENTS This presentation contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking state ...

Financial Data and Key Metrics Changes - The company reported first quarter 2022 adjusted earnings per share (EPS) of $2.91, affirming its full year adjusted EPS guidance range for 2022 and 2023 [14][48] - First quarter 2022 GAAP earnings were $612 million or $1.93 per share, compared to $874 million or $2.87 per share in the same period of 2021 [36] - Adjusted earnings for the first quarter of 2022 were $924 million or $2.91 per share, compared to $900 million or $2.95 per share in the first quarter of 2021 [36][38] Business Line Data and Key Metrics Changes - Sempra Infrastructure experienced a $42 million decrease in earnings due to higher noncontrolling interest, while Sempra Texas Utilities saw a $27 million increase in equity earnings driven by higher revenues from rate updates and customer growth [37][38] - SDG&E reported a $22 million increase in CPUC base operating margin, net of operating expenses [38] Market Data and Key Metrics Changes - Oncor's service territory saw a 78% increase in new interconnection requests compared to the first quarter of 2021, indicating strong demographic growth [28] - Oncor's Board approved an increase in its 2022 capital plan from $2.8 billion to $3 billion, reflecting robust economic growth in Texas [29] Company Strategy and Development Direction - The company is focused on executing its T&D investment strategy across its core markets, with a record $36 billion, 5-year capital plan aimed at expanding and modernizing North America's energy systems [10][12] - Sempra Infrastructure is developing a platform to export LNG directly from the Gulf and Pacific Coasts to Europe and Asia, positioning itself as a key player in the energy transition [11][30] - The company emphasizes sustainability and has issued its annual Corporate Sustainability Report, highlighting its commitment to safety, climate resilience, and affordability [17][21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging economic environment but expressed confidence in the company's ability to execute its strategy and deliver strong financial results [10][12] - The ongoing conflict in Ukraine has underscored the need for secure access to reliable sources of cleaner energy, which Sempra Infrastructure aims to address [11][12] Other Important Information - The company completed $250 million in share repurchases in April 2022, returning a total of $750 million to shareholders over the past six months [13][47] - Sempra Infrastructure is advancing its LNG projects, including Cameron LNG Phase II, with significant milestones achieved in commercial and permitting processes [30][32] Q&A Session All Questions and Answers Question: Can you elaborate on the Cameron 4 timing updates? - Management indicated that recent activities have increased confidence in the project's ability to move forward, with an estimated timeline for EPC work completion in summer 2023, leading to a final investment decision (FID) shortly thereafter [49][50] Question: What is the project development pipeline looking like? - Management highlighted that Sempra is one of the few developers capable of delivering up to 30 million tons per annum of new LNG capacity, with strong demand anticipated in both European and Asian markets [52][56] Question: How should financing for these projects be structured? - Management discussed various financing options, including project debt and partner capital, emphasizing a diversified capital structure to support growth [67][72] Question: Can you provide insights on the MOU with Total regarding renewable opportunities? - The MOU covers potential participation in renewable projects in Mexico and offshore wind opportunities in California, reflecting a strategic alliance aimed at expanding Sempra's renewable portfolio [78][81] Question: What are the realistic timelines for Cameron's debottlenecking and full expansion? - Management expects the debottlenecking process to continue through late summer and fall, with a typical construction period of 4 to 5 years for the full expansion once FID is taken [88][90]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) | | | | | Former name, former address | | --- | --- | --- | --- | --- | | | | | I.R.S. Employer | and former fiscal year, if | | Commission | Exact Name of Registrant as Specified in its Charter, | State of | Identification | changed since | | File No. | Address of Principal Executive Office and Telephone Number | Incorporation | No. | last report | | 1-14201 | SEMPRA ENERGY | California | 33-0732627 | No change | | ...

Financial Data and Key Metrics Changes - In 2021, the company delivered adjusted earnings per share (EPS) of $8.43, exceeding the guidance range of $7.75 to $8.35 per share [7][8] - Full-year 2021 GAAP earnings were $1.254 billion or $4.01 per share, compared to $3.764 billion or $12.88 per share in 2020 [25][26] - The company announced an increased annualized dividend of $4.58 per share [8] Business Line Data and Key Metrics Changes - The company invested over $7 billion in energy infrastructure in 2021, marking a record amount [7][10] - Sempra's growth platforms generated approximately $2.6 billion in adjusted earnings for the full year 2021 [13] - The capital plan for the next five years is projected at $36 billion, with nearly 94% dedicated to utility investments [28] Market Data and Key Metrics Changes - The company serves nearly 40 million consumers across its integrated growth platforms [12] - Oncor connected approximately 70,000 additional premises in 2021, reflecting strong organic growth in Texas [22] - In California, SDG&E completed its inaugural issuance of $750 million in green bonds [17] Company Strategy and Development Direction - The company aims to prioritize markets with strong fundamentals and constructive regulation while simplifying its business model [9][37] - The strategic focus includes building scale, financial strength, and a high-performing culture to improve financial results [9][37] - The company is advancing opportunities in renewables, hydrogen, ammonia, LNG, and carbon capture infrastructure [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the projected long-term EPS growth rate of 6% to 8% [8][34] - The company highlighted the importance of regulatory constructs and inflation protections built into its assets [15] - Management noted that the majority of assets have inflation protections, reducing exposure to traditional energy risks [15] Other Important Information - The company has a five-year capital plan of $36 billion, the largest in its history, with a focus on safety and reliability [28] - The company expects to grow its rate base from $41 billion in 2021 to $62 billion by 2026 [29] - The company is committed to a payout ratio of approximately 50% to 60% for dividends [32] Q&A Session Summary Question: Can you elaborate on the drivers of SIP and the cadence of growth? - Management indicated that 94% of the capital program is dedicated to utilities, with conservative projections for Sempra Infrastructure [43][44] Question: What is included in the $11 billion return of capital figure? - The figure includes dividends, share repurchases, and distributions to equity partners at Sempra Infrastructure [54] Question: What is the status of the Cameron LNG expansion? - The company is targeting FID in the first half of 2023, with full online operations expected by 2027 [75][76] Question: How is the regulated versus non-regulated earnings mix evolving? - Management expressed confidence in growing the U.S. utility rate base significantly over the next five years [66][68] Question: What are the components of the parent costs reduction between 2022 and 2023? - Specific details on the components were not provided, but management emphasized ongoing cost management efforts [103]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | | Exact Name of Registrants as | | | I.R.S. | | --- | --- | --- | --- | --- | | | Specified in their Charters, | | | Employer | | Commission | Address and Tel ...