PG&E (PCG) AGM 2025 summary
Event summary combining transcript, slides, and related documents.
AGM 2025 summary
20 Nov, 2025Opening remarks and agenda
Emphasis on safety as a guiding principle and review of emergency procedures for all attendees.
Introduction of board members, executive team, and independent auditors present at the meeting.
Overview of the meeting agenda, including director elections, management proposals, and Q&A session.
Voting procedures and eligibility explained, with polls open during the business portion.
Shareholder proposals
Four management proposals for PG&E Corporation and three for Pacific Gas and Electric Company presented, including director elections, executive compensation advisory vote, auditor ratification, and approval of an employee stock purchase plan.
Overview of voting outcomes
Preliminary voting results based on proxies as of May 21 were shared, with final results to be posted online and filed with the SEC.
Latest events from PG&E
- EPS up 10%, rates down 11%, and 2026 guidance raised amid strong safety and O&M gains.PCG
Q4 202512 Feb 2026 - 2024 guidance and $62B capital plan reaffirmed, with strong load growth and wildfire mitigation.PCG
Investor Update3 Feb 2026 - Q2 2024 EPS and guidance reaffirmed; revenue, regulatory, and wildfire progress support growth.PCG
Q2 20242 Feb 2026 - Strong Q3 results, higher guidance, and expanded CapEx plan amid ongoing wildfire risks.PCG
Q3 202415 Jan 2026 - EPS up 11% in 2024, 2025 guidance raised, capital plan and O&M savings drive growth.PCG
Q4 20248 Jan 2026 - Q1 2025 EPS declined, but guidance and capital plan funding remain strong amid ongoing wildfire risks.PCG
Q1 202521 Dec 2025 - Annual meeting covers director elections, pay, auditor, and new stock plan, with strong ESG focus.PCG
Proxy Filing1 Dec 2025 - Shareholders will vote virtually on directors, compensation, auditor, and stock plan in May 2025.PCG
Proxy Filing1 Dec 2025 - Q2 2025 core EPS was $0.31, capital plan fully funded, and customer bills to remain flat or decrease.PCG
Q2 202531 Oct 2025