PACIFIC GAS & ELECTRIC Co
For the period ended May 22, 2025. Filed Apr 10, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 22, 2025 · Filed Apr 10, 2025
PCG-PA$20.04-0.5%Stored close · as of Nov 6, 2026
Contents
Voting Roadmap
| Proposal 1: Election of Directors | |
|---|---|
| Elect each of the nominees listed in this Joint Proxy Statement to serve on the Boards of Directors until the 2026 Annual Meetings of Shareholders. | |
| Our Boards are: | Each Board’s Recommendation: |
| • Led by an Independent Chair.• Qualified: Top skills include safety, utility operations, wildfire prevention, financial analysis, cybersecurity, and renewable energy.• Committed to serving the long-term interests of shareholders. | FOR each nomineeNominee biographies are on page 16, and demographic and skills information on page 25. |
| Proposal 2: Advisory Vote to Approve Executive Compensation (Say on Pay) | |
|---|---|
| Approve an advisory vote on the compensation of PG&E’s named executive officers. | |
| PG&E’s executive compensation plans: | Each Board’s Recommendation: |
| • Pay for performance• Align with shareholders• Provide market competitive pay• Comply with legal requirements | FOR the advisory approvalPG&E’s compensation plans are described in detail on page 48. |
PG&E Corporation| Pacific Gas and Electric Company 2025 Joint Proxy Statement 2
| Proposal 3: Appointment of the Independent Auditor | |
|---|---|
| Ratify the appointment of Deloitte and Touche LLP (D&T) as PG&E’s independent registered public accounting firm for the year ending December 31, 2025. | |
| Deloitte and Touche LLP | Each Board’s Recommendation: |
| • D&T is an internationally recognized firm, with deep knowledge of our industry, and specific understanding of the California regulatory structure.• The team within D&T rotates periodically to provide a fresh look at our controls.• The Audit Committees oversee the selection of D&T after a careful review. | FOR ratifying the appointment of Deloitte and Touche LLPAdditional information on D&T can be found on page 100. |
| Proposal 4: Approval of the PG&E Corporation 2025 Employee Stock Purchase Plan | |
|---|---|
| Approve the PG&E Corporation 2025 Employee Stock Purchase Plan Effective January 1, 2026 | |
| Employee Stock Purchase Plan | PG&E Corporation Board Recommendation |
| • Provides the opportunity to employees of the Corporation and the Utility to become Corporation shareholders by purchasing shares of PG&E Corporation’s common stock using payroll deductions over quarterly periods.• Aligns with shareholders.• Facilitates hiring and retention of employees of the Corporation and the Utility. | FOR approval of the PG&E Corporation 2025 Employee Stock Purchase Plan Additional information on the Employee Stock Purchase Plan can be found on page 104. |
PG&E Corporation| Pacific Gas and Electric Company 2025 Joint Proxy Statement 3
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