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STRONG COMMUNITIES


• Public safety • Community support • Economic development


• Invested $684,000 in public safety education:


– In customer communications – At 31 community events – In schools (where we reached 94,710 students)


• Employees volunteered more than 46,000 hours


• Launched Cause Card program, providing employees who volunteer 20 hours or more the opportunity to direct up to $400 in grants to select community organizations and schools


• Sixty-three percent of employees donated more than $1.5 million (with 50% company match) to charities of their choice in the annual Employee Giving Campaign


• PGE and PGE Foundation contributed $2.9 million to the community


• Received Portland Business Journal Corporate Philanthropy Award for our Foundation and corporate giving in the communities we serve


FINANCIAL PERFORMANCE


• Stable prices • Shareholder return


• Net income: $175 million; $2.18 per diluted share


• A capital structure of 50% debt and 50% equity


• Completed two new generation plants (Tucannon River Wind Farm and Port Westward Unit 2) on time and under budget


• Ongoing capital investment of $342 million to improve system efficiency and connect new customers


• PGE performance impacted by the strength of the regional economy, including customer growth of 0.94%


GOVERNANCE AND ENTERPRISE RISK MANAGEMENT


• Corporate governance • Enterprise risk management


• One hundred percent of employees affirmed our Code of Business Ethics and Conduct


• Improved reliability and added capacity with asset management programs that proactively repair or replace crucial equipment on or in: – 1,586 circuit miles of transmission line – 8,261 circuit miles of overhead distribu- tion line – 7,674 circuit miles of underground distribution line – 175 substations


• Enhanced our enterprise risk management program to ensure consistency and best practices across the organization


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