Bahri has served since July 2020 (about 6 years); PCG's 3-year return of +17.2% trails the peer median by 28.4 percentage points, which is below the 35-point threshold required to trigger a vote against under the low-positive-TSR band, so no TSR concern applies; no overboarding, attendance, or independence issues identified.

Campbell has served since April 2019 (about 7 years); the 3-year TSR gap of -28.4pp versus peer median does not reach the 35pp trigger threshold; she holds one outside public board seat (TC Energy), well within the three-board limit; no independence, attendance, or qualifications concerns identified.

Cannizzaro joined in February 2023 (approximately 3 years), which means he was not on the board for the bulk of the 3-year underperformance period and joined while underperformance was already partly established; the 3-year gap of -28.4pp does not reach the 35pp trigger anyway; he holds one outside public board seat and brings strong audit expertise as a former KPMG global partner.

Cooper has served since July 2020 (about 6 years); the 3-year TSR underperformance gap of -28.4pp versus peers falls short of the 35pp trigger threshold; she holds one outside public board seat (Upstart Holdings); no attendance, independence, or qualifications issues identified.

Denault joined in February 2025, less than 24 months ago, so he is exempt from the TSR trigger under the new-director exemption; he brings deep utility CEO and CFO experience from Entergy and holds one outside public board seat.

Denecour has served since July 2020 (about 6 years); the 3-year peer underperformance gap of -28.4pp does not meet the 35pp trigger threshold; no overboarding, attendance, or independence concerns identified, and she brings relevant cybersecurity and technology expertise.

Ferguson has served since July 2020 (about 6 years); the 3-year TSR gap of -28.4pp versus peer median does not trigger the 35pp threshold; he holds one outside public board seat (VSE Corporation) and brings nuclear operations and risk management expertise relevant to PG&E's operations.

Fugate has served since July 2020 (about 6 years); the 3-year peer underperformance gap of -28.4pp falls below the 35pp trigger threshold; he holds one outside public board seat (Genasys) and brings directly relevant emergency management and wildfire expertise.

Harris has served since July 2020 (about 6 years); the 3-year TSR gap of -28.4pp does not meet the 35pp trigger threshold; he holds no current outside public company board seats and brings clean energy industry and audit expertise.

Hernandez has served since March 2022 (about 4 years); the 3-year peer underperformance gap of -28.4pp does not reach the 35pp trigger threshold; he holds one outside public board seat (Granite Construction) and brings relevant legal, risk, and governance experience.

Larsen joined in May 2025, less than 24 months ago, so he is fully exempt from the TSR trigger under the new-director exemption; he brings extensive utility CEO experience from Alliant Energy.

Poppe joined the board in January 2021 (about 5 years) and is the CEO; the 3-year peer underperformance gap of -28.4pp does not reach the 35pp trigger threshold required for her tenure band; she holds no outside public company board seats, and the policy's executive-director TSR trigger does not fire here independent of the Say on Pay analysis.

Singh joined the board in March 2023 (approximately 3 years); the 3-year TSR gap of -28.4pp does not reach the 35pp trigger threshold, and as a utility-only director and current Utility CEO, he brings directly relevant operational expertise with no overboarding concerns.

Smith has served since October 2019 (about 6 years); the 3-year peer underperformance gap of -28.4pp falls below the 35pp trigger threshold; he holds no current outside public company board seats listed as public companies and brings deep technology and operations experience.

Wilson has served since July 2020 (about 6 years); the 3-year TSR underperformance gap of -28.4pp does not meet the 35pp trigger threshold; he holds no current outside public company board seats and brings relevant environmental law and governance expertise as Audit Committee Chair.