PCG.PRG / Pacific Gas and Electric Company - Preferred Stock - Документы SEC, Годовой отчет, Доверенное заявление

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EXHIBIT 10.4 AMENDMENT NO. 13 TO RECEIVABLES FINANCING AGREEMENT This AMENDMENT NO. 13 TO RECEIVABLES FINANCING AGREEMENT, dated as of June 26, 2025 (this “Amendment”), among PG&E AR Facility, LLC, a Delaware limited liability company (the “Borrower”), Pacific Gas and Electric Company, a California corporation (“PG&E”), as initial Servicer (in such capacity, the “Servicer”) and as retention holder

PG&E CORPORATION 2021 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD – NON-EMPLOYEE DIRECTORS

EXHIBIT 10.6 PG&E CORPORATION 2021 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD – NON-EMPLOYEE DIRECTORS PG&E CORPORATION, a California corporation, hereby grants Restricted Stock Units to the Recipient named below. The Restricted Stock Units have been granted under the PG&E Corporation 2021 Long-Term Incentive Plan (the “LTIP”). The terms and conditions of the Restricted Stock Units are s

2025 SECOND QUARTER EARNINGS July 31, 2025 Delivering For Customers AND Investors 1 2 This presentation and the oral remarks made in connection with it contain statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utili

q225earningspresentation 2025 SECOND QUARTER EARNINGS July 31, 2025 Delivering For Customers AND Investors 1 2 This presentation and the oral remarks made in connection with it contain statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2025 non-GAAP core earnings), debt and equity issuances, refinancing activity, rate base growth, capital expenditures, cash flow, cost savings, customer bills, wildfire risk mitigation, wildfire-related cost recovery, dividends, load growth, operating and maintenance costs, financing efficiency, capital to expense ratio, and regulatory developments.

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value PCG The New York Stock Exchange First preferred stock, cumulative, par value $25 pe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of Regist

PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2025

Investor Relations: [email protected] | Media: 415.973.5930 | www.pgecorp.com July 31, 2025 PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2025 OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid 2025 financial results. Financial progress includes: •GAAP earnings were $0.24 per share for the second quarter of 2025, compared to earnings of $0.24 per sha

PG&E Corporation 2021 Long-Term Incentive Plan (As adopted effective June 1, 2021, and as last amended effective May 22, 2025)

EXHIBIT 10.5 PG&E Corporation 2021 Long-Term Incentive Plan (As adopted effective June 1, 2021, and as last amended effective May 22, 2025) 1. Establishment, Purpose and Term of Plan. 1.1 Establishment. The PG&E Corporation 2021 Long-Term Incentive Plan, as amended from time to time (the “Plan”), is hereby established effective as of the later of the date approved by the shareholders of the Compan

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 31, 2025 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numb

AMENDMENT NO. 5 TO CREDIT AGREEMENT

Exhibit 10.1 Execution Version AMENDMENT NO. 5 TO CREDIT AGREEMENT This AMENDMENT NO. 5 TO CREDIT AGREEMENT, dated as of June 23, 2025 (this “Amendment”), is entered into by and among PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Borrower”), each Lender and Issuing Lender party hereto, and CITIBANK, N.A. (“CBNA”), as administrative agent (in such capacity and including any succe

AMENDMENT NO. 5 TO CREDIT AGREEMENT

Exhibit 10.2 Execution Version AMENDMENT NO. 5 TO CREDIT AGREEMENT This AMENDMENT NO. 5 TO CREDIT AGREEMENT, dated as of June 23, 2025 (this “Amendment”), is entered into by and among PG&E Corporation, a California corporation (the “Borrower”), the Lenders party hereto and JPMORGAN CHASE BANK, N.A. (“JPMCB”) as administrative agent (in such capacity and including any successors in such capacity, t

Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 23, 2025 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numb

Pacific Gas and Electric Company $400,000,000 5.000% First Mortgage Bonds due 2028 $850,000,000 6.000% First Mortgage Bonds due 2035 Underwriting Agreement

Exhibit 1.1 Execution Version Pacific Gas and Electric Company $400,000,000 5.000% First Mortgage Bonds due 2028 $850,000,000 6.000% First Mortgage Bonds due 2035 Underwriting Agreement New York, New York June 2, 2025 BMO Capital Markets Corp. 151 West 42nd Street New York, New York 10036 BofA Securities, Inc. One Bryant Park New York, New York 10036 Citigroup Global Markets Inc. 388 Greenwich Str

TWENTY-NINTH SUPPLEMENTAL INDENTURE Dated as of June 4, 2025 SUPPLEMENT TO INDENTURE OF MORTGAGE Dated as of June 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY ISSUER (MORTGAGOR) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. TRUSTEE (MORTGAGEE)

Exhibit 4.1 TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Christopher W. Hasbrouck, Esq. TWENTY-NINTH SUPPLEMENTAL INDENTURE Dated as of June 4, 2025 SUPPLEMENT TO INDENTURE OF MORTGAGE Dated as of June 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY ISSUER (MORTGAGOR) AND THE BANK OF NEW YORK MELLON TRUST COMPANY,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 2, 2025 (Date of earliest event reported) Commission File Numb

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 2, 2025 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numbe

Calculation of Filing Fee Table(1) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security  Type Security Class Title Fee Calculation  or Carr

Exhibit 107.1 Calculation of Filing Fee Table(1) 424(b)(2) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security  Type Security Class Title Fee Calculation  or Carry Forward Rule Amount Registered Proposed Maximum  Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of

$1,250,000,000 $400,000,000 5.000% First Mortgage Bonds due 2028 $850,000,000 6.000% First Mortgage Bonds due 2035

Table of Contents Filed Pursuant to Rule 424(b)(2) Registration No. 333-277286-01 PROSPECTUS SUPPLEMENT (To Prospectus dated February 22, 2024) $1,250,000,000 $400,000,000 5.000% First Mortgage Bonds due 2028 $850,000,000 6.000% First Mortgage Bonds due 2035 We are offering $400,000,000 aggregate principal amount of our 5.000% first mortgage bonds due 2028 (the “2028 mortgage bonds”) and $850,000,

Pacific Gas and Electric Company PRICING TERM SHEET $400,000,000 5.000% First Mortgage Bonds due 2028 (the “2028 Mortgage Bonds”) $850,000,000 6.000% First Mortgage Bonds due 2035 (the “2035 Mortgage Bonds”) (all together, the “Mortgage Bonds”)

FWP Issuer Free Writing Prospectus dated June 2, 2025 Filed Pursuant to Rule 433 Registration No.

SUBJECT TO COMPLETION PRELIMINARY PROSPECTUS SUPPLEMENT DATED JUNE 2, 2025

424B5 Table of Contents This preliminary prospectus supplement and the accompanying prospectus relate to an effective registration statement under the Securities Act of 1933, as amended.

Submission of Matters to a Vote of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 22, 2025 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numbe

INDEMNIFICATION AGREEMENT

EXHIBIT 10.3 INDEMNIFICATION AGREEMENT This Indemnification Agreement is dated as of the date set forth on the signature page hereto (this “Agreement”) and is between PG&E Corporation, a California corporation (the “Corporation”), Pacific Gas and Electric Company, a California Corporation (the “Utility” and, together with the Corporation, the “Company”), and the person identified as indemnitee on

PG&E CORPORATION 2021 LONG-TERM INCENTIVE PLAN NON-ANNUAL PROGRAM-SPECIFIC RETENTION RESTRICTED STOCK UNIT AWARD

ATTACHMENT A EXHIBIT 10.4 PG&E CORPORATION 2021 LONG-TERM INCENTIVE PLAN NON-ANNUAL PROGRAM-SPECIFIC RETENTION RESTRICTED STOCK UNIT AWARD PG&E CORPORATION, a California corporation, hereby grants Restricted Stock Units to the Recipient named below (sometimes referred to as “you”). The Restricted Stock Units have been granted under the PG&E Corporation 2021 Long-Term Incentive Plan, as amended (th

PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2025; Residential Electric Rates Lower Today Than a Year Ago

Investor Relations: [email protected] | Media: 415.973.5930 | www.pgecorp.com April 24, 2025 PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2025; Residential Electric Rates Lower Today Than a Year Ago OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid 2025 financial results. Financial progress includes: •GAAP earnings were $0.28 per share for the first

TWENTY-SEVENTH SUPPLEMENTAL INDENTURE DATED AS OF FEBRUARY 20, 2025 SUPPLEMENT TO INDENTURE OF MORTGAGE DATED AS OF JUNE 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY Issuer (Mortgagor) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., Trustee (Mortgagee)

EXHIBIT 4.4 TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Christopher W. Hasbrouck, Esq. TWENTY-SEVENTH SUPPLEMENTAL INDENTURE DATED AS OF FEBRUARY 20, 2025 SUPPLEMENT TO INDENTURE OF MORTGAGE DATED AS OF JUNE 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY Issuer (Mortgagor) and THE BANK OF NEW YORK MELLON TRUST C

AMENDMENT NO. 4 TO CREDIT AGREEMENT

EXHIBIT 10.2 AMENDMENT NO. 4 TO CREDIT AGREEMENT This AMENDMENT NO. 4, dated as of April 11, 2025 (this “Amendment”), is entered into by and among PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Borrower”), each lender party hereto (the “Lenders”) and BANK OF AMERICA, N.A., as administrative agent (in such capacity, the “Administrative Agent”). RECITALS: WHEREAS, reference is here

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: April 24, 2025 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Num

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value PCG The New York Stock Exchange First preferred stock, cumulative, par value $25 pe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of Regis

2025 FIRST QUARTER EARNINGS April 24, 2025 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations

2025 FIRST QUARTER EARNINGS April 24, 2025 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2025 non-GAAP core earnings), debt and equity issuances, rate base growth, capital expenditures, cash flow, cost savings, customer bills, wildfire risk mitigation, dividends, load growth, and regulatory developments.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Amendment No. ) (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Amendment No. ) (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement CONFIDENTIAL, F

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Amendment No. ) (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange

pcg-company2025defa14a UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.

Pacific Gas and Electric Company $1,000,000,000 5.700% First Mortgage Bonds due 2035 $750,000,000 6.150% First Mortgage Bonds due 2055 Underwriting Agreement

Exhibit 1.1 Pacific Gas and Electric Company $1,000,000,000 5.700% First Mortgage Bonds due 2035 $750,000,000 6.150% First Mortgage Bonds due 2055 Underwriting Agreement New York, New York February 24, 2025 Mizuho Securities USA LLC 1271 Avenue of the Americas New York, New York 10020 MUFG Securities Americas Inc. 1221 Avenue of the Americas, 6th Floor New York, New York 10020 SMBC Nikko Securitie

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 24, 2025 (Date of earliest event reported) Commission File

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 24, 2025 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

Twenty-Eighth Supplemental Indenture, dated as of February 26, 2025, between Pacific Gas and Electric Company and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated February 24, 2025 (File No. 1-2348), Exhibit 4.1)

Exhibit 4.1 TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Christopher W. Hasbrouck, Esq. TWENTY-EIGHTH SUPPLEMENTAL INDENTURE Dated as of February 26, 2025 SUPPLEMENT TO INDENTURE OF MORTGAGE Dated as of June 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY ISSUER (MORTGAGOR) AND THE BANK OF NEW YORK MELLON TRUST CO

$1,750,000,000 $1,000,000,000 5.700% First Mortgage Bonds due 2035 $750,000,000 6.150% First Mortgage Bonds due 2055

Table of Contents Filed Pursuant to Rule 424(b)(2) Registration No. 333-277286-01 PROSPECTUS SUPPLEMENT (To Prospectus dated February 22, 2024) $1,750,000,000 $1,000,000,000 5.700% First Mortgage Bonds due 2035 $750,000,000 6.150% First Mortgage Bonds due 2055 We are offering $1,000,000,000 aggregate principal amount of our 5.700% first mortgage bonds due 2035 (the “2035 mortgage bonds”) and $750,

Calculation of Filing Fee Table (1) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities

Exhibit 107.1 Calculation of Filing Fee Table (1) 424(b)(2) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities  Security  Type Security Class Title Fee  Calculation  or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount

SUBJECT TO COMPLETION PRELIMINARY PROSPECTUS SUPPLEMENT DATED FEBRUARY 24, 2025

Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-277286-01 This preliminary prospectus supplement and the accompanying prospectus relate to an effective registration statement under the Securities Act of 1933, as amended. The information in this preliminary prospectus supplement is not complete and may be subject to change. This preliminary prospectus supplement and the acco

Pacific Gas and Electric Company PRICING TERM SHEET $1,000,000,000 5.700% First Mortgage Bonds due 2035 (the “2035 Mortgage Bonds”) $750,000,000 6.150% First Mortgage Bonds due 2055 (the “2055 Mortgage Bonds”) (all together, the “Mortgage Bonds”)

Issuer Free Writing Prospectus dated February 24, 2025 Filed Pursuant to Rule 433 Registration No.

PG&E Corporation Delivers on Guidance for Full-Year 2024 and Updates 2025 Earnings Guidance

Investor Relations: [email protected] | Media: 415.973.5930 | www.pgecorp.com February 13, 2025 PG&E Corporation Delivers on Guidance for Full-Year 2024 and Updates 2025 Earnings Guidance OAKLAND — PG&E Corporation (NYSE: PCG) delivered solid financial results in 2024 and is on track to deliver beyond: •GAAP earnings were $0.30 per share for the fourth quarter of 2024, compared to earnings of $0

Insider Trading Standard

EXHIBIT 19 Insider Trading Standard SUMMARY It is PG&E’s policy to comply with the letter and spirit of all laws, rules, and regulations related to insider trading.

Officer Relocation Guide

EXHIBIT 10.25 Officer Relocation Guide Table of Contents TABLE OF CONTENTS.......................................................................................................................1 GETTING STARTED............................................................................................................................1 Your Relocation Guide...........................................

PG&E CORPORATION 2010 EXECUTIVE STOCK OWNERSHIP GUIDELINES (As adopted effective January 1, 2011, and amended effective December 11, 2024)

EXHIBIT 10.49 PG&E CORPORATION 2010 EXECUTIVE STOCK OWNERSHIP GUIDELINES (As adopted effective January 1, 2011, and amended effective December 11, 2024) 1. Description. The 2010 Executive Stock Ownership Guidelines (“Guidelines”) was approved by the Compensation Committee of the PG&E Corporation Board of Directors effective January 1, 2011. The Guidelines were further amended by the PG&E Corporati

Significant Subsidiaries

EXHIBIT 21 Significant Subsidiaries Parent of Significant Subsidiary Name of Significant Subsidiary Jurisdiction of Formation of Subsidiary Names under which Significant Subsidiary does business PG&E Corporation Pacific Gas and Electric Company CA Pacific Gas and Electric Company PG&E Pacific Gas and Electric Company PG&E AR Facility, LLC DE PG&E AR Facility, LLC

POWER OF ATTORNEY

EXHIBIT 24 POWER OF ATTORNEY Each of the undersigned Directors of PG&E Corporation hereby constitutes and appoints JOHN R.

DESCRIPTION OF PG&E CORPORATION’S SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934

EXHIBIT 4.1(a) DESCRIPTION OF PG&E CORPORATION’S SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 Capital Stock Registered under Section 12 of the Securities Exchange Act of 1934: •Common Stock, no par value ( the “Common Stock”) •6.000% Series A Mandatory Convertible Preferred Stock (the “Mandatory Convertible Preferred Stock”) The following description of PG&E Corpor

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, 2024 ☐ TRANSITION REPORT PURSUA

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, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of Registrant as

DESCRIPTION OF PACIFIC GAS AND ELECTRIC COMPANY’S SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 Description of Preferred Stock

EXHIBIT 4.1(b) DESCRIPTION OF PACIFIC GAS AND ELECTRIC COMPANY’S SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 Description of Preferred Stock The following description of Pacific Gas and Electric Company’s (the “Utility”) preferred stock is only a summary and does not purport to be complete. It is subject to and qualified in its entirety by reference to applicable l

2024 FOURTH QUARTER AND FULL YEAR EARNINGS February 13, 2025 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, incl

2024 FOURTH QUARTER AND FULL YEAR EARNINGS February 13, 2025 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2025 non-GAAP core earnings), debt and equity issuances, rate base growth, capital expenditures, cash flow, cost savings, customer bills, wildfire risk mitigation, dividends, load growth, and regulatory developments.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 13, 2025 (Date of earliest event reported) Commission File

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 13, 2025 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

Twenty-Sixth Supplemental Indenture, dated as of January 17, 2025, between Pacific Gas and Electric Company and The Bank of New York Mellon Trust Company, N.A., as Trustee (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated January 17, 2025 (File No. 1-2348), Exhibit 4.1)

Exhibit 4.1 Execution Version TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Christopher Hasbrouck, Esq. TWENTY-SIXTH SUPPLEMENTAL INDENTURE DATED AS OF JANUARY 17, 2025 SUPPLEMENT TO INDENTURE OF MORTGAGE DATED AS OF JUNE 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY Issuer (Mortgagor) and THE BANK OF NEW YORK ME

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: January 17, 2025 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

Note Purchase Agreement, dated as of January 17, 2025, among Pacific Gas and Electric Company, the U.S. Department of Energy, acting by and through the Secretary of Energy, and the Federal Financing Bank (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated January 17, 2025 (File No. 1-2348), Exhibit 4.2)

Exhibit 4.2 DOE (Title XVII) PACIFIC GAS AND ELECTRIC COMPANY NOTE PURCHASE AGREEMENT made as of January 17, 2025, by and among the FEDERAL FINANCING BANK (“FFB”), a body corporate and instrumentality of the United States of America, PACIFIC GAS AND ELECTRIC COMPANY (the “Borrower”), a corporation duly organized and existing under the laws of the State of California, and the SECRETARY OF ENERGY, a

FUTURE ADVANCE PROMISSORY NOTE

Exhibit 4.3 DOE (Title XVII)   PACIFIC GAS AND ELECTRIC COMPANY FOR FFB USE ONLY Note Date January 17, 2025 Note Identifier: Place of Issue Oakland, CA PGE 0001 Last Day for an Advance (¶3) September 15, 2031 Purchase Date: Maximum Principal Amount (¶4) $15,000,000,000 January 17, 2025 Final Maturity Date (¶5) January 17, 2055 Payment Dates (¶7) January 17 & July 15 of each year Loan Guarantee Agr

Loan Guarantee Agreement, dated as of January 17, 2025, between Pacific Gas and Electric Company and the U.S. Department of Energy, acting by and through the Secretary of Energy (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated January 17, 2025 (File No. 1-2348), Exhibit 10.1)

Exhibit 10.1 LOAN GUARANTEE AGREEMENT dated as of January 17, 2025 between PACIFIC GAS AND ELECTRIC COMPANY, as Borrower, and U.S. DEPARTMENT OF ENERGY, as Guarantor and Loan Servicer, LOAN GUARANTEE NO. EIR0005 CERTAIN INFORMATION HAS BEEN REDACTED FROM THIS EXHIBIT IN ACCORDANCE WITH ITEM 601(B)(10)(IV) OF REGULATION S-K BECAUSE SUCH INFORMATION (I) IS NOT MATERIAL AND (II) IS THE TYPE OF INFORM

Bylaws of Pacific Gas and Electric Company, Amended and Restated as of December 12, 2024 (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated December 12, 2024 (File No. 1-2348), Exhibit 3.2)

PG&E Corporation 8-K Exhibit 3.2   Bylaws of Pacific Gas and Electric Company (“the Utility”) Amended and Restated as of December 12, 2024 (“Effective Date”)   ARTICLE I SHAREHOLDERS   1.            Place of Meeting. Meetings of the shareholders shall be held at such place, within or without the State of California, as may be designated from time to time by the Board of Directors (the “Board”).  

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 12, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

Bylaws of PG&E Corporation, Amended and Restated as of December 12, 2024 (incorporated by reference to PG&E Corporation’s Form 8-K dated December 12, 2024 (File No. 1-12609), Exhibit 3.1)

  PG&E Corporation 8-K Exhibit 3.1 Bylaws of PG&E Corporation (the “Corporation”) Amended and Restated as of December 12, 2024 (“Effective Date”)   ARTICLE I SHAREHOLDERS   1.           Place of Meeting. Meetings of the shareholders shall be held at such place, within or without the State of California, as may be designated from time to time by the Board of Directors (the “Board”).   A meeting of

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Material Modification to Rights of Security Holders

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 2, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

PG&E Corporation 28,000,000 Shares of 6.000% Series A Mandatory Convertible Preferred Stock, No Par Value Underwriting Agreement

EX-1.1 Exhibit 1.1 Execution Version PG&E Corporation 28,000,000 Shares of 6.000% Series A Mandatory Convertible Preferred Stock, No Par Value Underwriting Agreement New York, New York December 2, 2024 J.P. Morgan Securities LLC 383 Madison Avenue New York, New York 10179 Barclays Capital Inc. 745 Seventh Avenue New York, New York 10019 Citigroup Global Markets Inc. 388 Greenwich Street New York,

Certificate of Determination of 6.000% Series A Mandatory Convertible Preferred Stock of PG&E Corporation, filed with the Secretary of State of the State of California and effective as of December 5, 2024 (incorporated by reference to PG&E Corporation’s Form 8-K dated December 2, 2024 (File No. 1-12609) , Exhibit 3.1)

Exhibit 3.1 CERTIFICATE OF DETERMINATION OF 6.000% SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK OF PG&E CORPORATION The effective date of this document is December 5, 2024. Pursuant to the provisions of Section 401 of the Corporations Code of the State of California, the undersigned, Brian M. Wong, the Vice President, Deputy General Counsel, and Corporate Secretary and Margaret K. Becker, the Vi

PG&E Corporation 48,661,801 Shares of Common Stock, No Par Value Underwriting Agreement

EX-1.1 Exhibit 1.1 Execution Version PG&E Corporation 48,661,801 Shares of Common Stock, No Par Value Underwriting Agreement New York, New York December 2, 2024 J.P. Morgan Securities LLC 383 Madison Avenue New York, New York 10179 Barclays Capital Inc. 745 Seventh Avenue New York, New York 10019 Citigroup Global Markets Inc. 388 Greenwich Street New York, New York 10013 As Representatives of the

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 2, 2024 (Date of earliest event reported) Commission File

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 2, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

PG&E Corporation Announces Pricing of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock

EX-99.2 Exhibit 99.2 News Release PG&E Corporation Announces Pricing of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock OAKLAND, Calif., Dec. 2, 2024 /PRNewswire/ — PG&E Corporation (NYSE: PCG) (“PG&E” or the “Company”) announced today the pricing of its previously announced concurrent underwritten public offerings of (i) 48,661,800 shares of common stock, no par val

PG&E Corporation Announces Launch of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock

EX-99.1 Exhibit 99.1 News Release PG&E Corporation Announces Launch of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock OAKLAND, Calif., Dec. 2, 2024 /PRNewswire/ — PG&E Corporation (NYSE: PCG) (“PG&E” or the “Company”) announced today the launch of concurrent underwritten public offerings of (i) $1,200 million of shares of common stock, no par value (“Common Stock”),

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 29, 2024 (Date of earliest event reported) Commission File

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 29, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

Amendment to Offer Letter, between PG&E Corporation and Patricia K. Poppe, dated as of November 29, 2024 (incorporated by reference to PG&E Corporation’s and Pacific Gas and Electric Company’s Form 8-K dated November 29, 2024 (File No. 1-2609) (File No. 1-2348), Exhibit 10.1)

EX-10.1 Exhibit 10.1 PG&E Corporation 300 Lakeside Drive Oakland, CA 94612 November 29, 2024 Patricia K. Poppe RE: Amendment to Offer Letter Dear Patti, On behalf of PG&E Corporation (the “Company”), I am pleased to amend your November 13, 2020 offer letter (“Offer Letter”) by extending your current employment term for another five-year period through January 4, 2031. Such term will be subject to

Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 13, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

PG&E Corporation $500,000,000 Aggregate Principal Amount of 7.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 Underwriting Agreement

Exhibit 1.1 Execution Version PG&E Corporation $500,000,000 Aggregate Principal Amount of 7.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 Underwriting Agreement New York, New York November 13, 2024 Barclays Capital Inc. 745 Seventh Avenue New York, New York 10019 BofA Securities, Inc. One Bryant Park New York, New York 10036 Mizuho Securities USA LLC 1271 Avenue of the Americas

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value PCG The New York Stock Exchange First preferred stock, cumulative, par value $25 pe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of R

PG&E Corporation Reports Strong Third-Quarter Results; Strengthens 2024 Guidance; Initiates 2025 Guidance; Grows 5-Year Capital Plan

Investor Relations: [email protected] | Media: 415.973.5930 | www.pgecorp.com November 7, 2024 PG&E Corporation Reports Strong Third-Quarter Results; Strengthens 2024 Guidance; Initiates 2025 Guidance; Grows 5-Year Capital Plan OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid financial results in 2024 and beyond: •GAAP earnings were $0.27 per share for the third quarter of 202

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 7, 2024 (Date of earliest event reported) Commission File

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 7, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

Amendment No. 4 to Credit Agreement, dated as of July 25, 2024, among PG&E Corporation, the lenders party thereto, and JPMorgan Chase Bank, N.A. as administrative agent (incorporated by reference to PG&E Corporation’s Form 10-Q for the quarter ended September 30, 2024 (File No. 1-12609), Exhibit 10.6)

EXHIBIT 10.6 Execution Version AMENDMENT NO. 4 TO CREDIT AGREEMENT This AMENDMENT NO. 4 TO CREDIT AGREEMENT, dated as of July 25, 2024 (this “Amendment”), is entered into by and among PG&E Corporation, a California corporation (the “Borrower”), the Consenting Lenders and JPMORGAN CHASE BANK, N.A. (“JPMCB”) as administrative agent (in such capacity and including any successors in such capacity, the

Form of PG&E Corporation 2021 Long-Term Incentive Plan Non-Annual Program-Specific Retention Stock Unit Award Agreement, effective September 17, 2024 (incorporated by reference to PG&E Corporation’s Form 10-Q for the quarter ended September 30, 2024 (File No. 1-12609), Exhibit 10.7)

ATTACHMENT A EXHIBIT 10.7 PG&E CORPORATION 2021 LONG-TERM INCENTIVE PLAN NON-ANNUAL PROGRAM-SPECIFIC RETENTION RESTRICTED STOCK UNIT AWARD PG&E CORPORATION, a California corporation, hereby grants Restricted Stock Units to the Recipient named below (sometimes referred to as “you”). The Restricted Stock Units have been granted under the PG&E Corporation 2021 Long-Term Incentive Plan, as amended (th

2024 THIRD QUARTER EARNINGS November 7, 2024 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectatio

q324earningspresentation 2024 THIRD QUARTER EARNINGS November 7, 2024 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2024 and 2025 non-GAAP core earnings), debt and equity issuances, rate base growth, capital expenditures, cash flow, cost savings, customer bills, wildfire risk mitigation, future dividends, and regulatory developments.

Amendment No. 4 to Credit Agreement, dated as of July 25, 2024, among Pacific Gas and Electric Company, the lenders party thereto, Citibank, N.A., as administrative agent and designated agent (incorporated by reference to Pacific Gas and Electric Company’s Form 10-Q for the quarter ended September 30, 2024 (File No. 1-12609), Exhibit 10.5)

EXHIBIT 10.5 Execution Version AMENDMENT NO. 4 TO CREDIT AGREEMENT This AMENDMENT NO. 4 TO CREDIT AGREEMENT, dated as of July 25, 2024 (this “Amendment”), is entered into by and among PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Borrower”), the Consenting Lenders, each Issuing Lender and CITIBANK, N.A. (“CBNA”), as administrative agent (in such capacity and including any succes

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 11, 2024 (Date of earliest event reported)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 11, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

PG&E Corporation 8-K

PG&E Corporation 8-K Exhibit 99.1 Wolfe Research Utilities, Midstream & Clean Energy Conference 2024 October 1, 2024 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) fut ure performance, including expectations, objectives, and forecasts about rate base growth, capital expenditures, c

Regulation FD Disclosure, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 1, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Nu

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: September 9, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

PG&E Corporation $1,000,000,000 Aggregate Principal Amount of 7.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 Underwriting Agreement

Exhibit 1.1 Execution Version PG&E Corporation $1,000,000,000 Aggregate Principal Amount of 7.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 Underwriting Agreement New York, New York September 9, 2024 Barclays Capital Inc. 745 Seventh Avenue New York, New York 10019 BofA Securities, Inc. One Bryant Park New York, New York 10036 Mizuho Securities USA LLC 1271 Avenue of the Americ

First Supplemental Indenture, dated as of September 11, 2024, between PG&E Corporation and The Bank of New York Mellon Trust Company, N.A. (incorporated by reference to PG&E Corporation’s Form 8-K dated September 9, 2024 (File No. 1-12609), Exhibit 4.2)

Exhibit 4.2 Execution Version PG&E CORPORATION TO THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. Trustee First Supplemental Indenture Dated as of September 11, 2024 7.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055 TABLE OF CONTENTS Page ARTICLE 1 DEFINITIONS 1 Section 1.1 Defined Terms 1 ARTICLE 2 DESIGNATION OF THE NOTES 4 Section 2.1 Designation and Principal Amount 4 Section

Subordinated Note Indenture, dated as of September 11, 2024, between PG&E Corporation and The Bank of New York Mellon Trust Company, N.A., as trustee (incorporated by reference to PG&E Corporation’s Form 8-K dated September 9, 2024 (File No. 1-12609), Exhibit 4.1)

Exhibit 4.1 Execution Version PG&E CORPORATION TO THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., TRUSTEE. Subordinated Note Indenture Dated As Of September 11, 2024 PG&E Corporation Reconciliation and Tie Between Trust Indenture Act of 1939 and Subordinated Note Indenture, Dated as of September 11, 2024 Trust Indenture Act Section Indenture Section §310 (a)(1) a)(2) (a)(3) (a)(4) (b) 609 609 Not

Pacific Gas and Electric Company $1,000,000,000 Floating Rate First Mortgage Bonds due 2025 $750,000,000 5.900% First Mortgage Bonds due 2054 Underwriting Agreement

Exhibit 1.1 Execution Version Pacific Gas and Electric Company $1,000,000,000 Floating Rate First Mortgage Bonds due 2025 $750,000,000 5.900% First Mortgage Bonds due 2054 Underwriting Agreement New York, New York September 3, 2024 Barclays Capital Inc. 745 Seventh Avenue New York, New York 10019 J.P. Morgan Securities LLC 383 Madison Avenue New York, New York 10179 MUFG Securities Americas Inc. 1

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: September 3, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

Twenty-Fifth Supplemental Indenture, dated as of September 5, 2024, between Pacific Gas and Electric Company and The Bank of New York Mellon Trust Company, N.A., (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated September 3, 2024 (File No. 1-2348), (Exhibit 4.1)

Exhibit 4.1 TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Christopher W. Hasbrouck, Esq. TWENTY-FIFTH SUPPLEMENTAL INDENTURE Dated as of September 5, 2024 SUPPLEMENT TO INDENTURE OF MORTGAGE Dated as of June 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY ISSUER (MORTGAGOR) AND THE BANK OF NEW YORK MELLON TRUST COM

Calculation of Filing Fee Table(1) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107.1 Calculation of Filing Fee Table(1) 424(b)(2) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Fee

$1,750,000,000 $1,000,000,000 Floating Rate First Mortgage Bonds due 2025 $750,000,000 5.900% First Mortgage Bonds due 2054

Table of Contents Filed Pursuant to Rule 424(b)(2) Registration No. 333-277286-01 PROSPECTUS SUPPLEMENT (To Prospectus dated February 22, 2024) $1,750,000,000 $1,000,000,000 Floating Rate First Mortgage Bonds due 2025 $750,000,000 5.900% First Mortgage Bonds due 2054 We are offering $1,000,000,000 aggregate principal amount of our floating rate first mortgage bonds due 2025 (the “floating rate mor

Pacific Gas and Electric Company PRICING TERM SHEET $1,000,000,000 Floating Rate First Mortgage Bonds due 2025 (the “Floating Rate Mortgage Bonds”) $750,000,000 5.900% First Mortgage Bonds due 2054 (the “2054 Mortgage Bonds”) (all together, the “Mort

FWP Issuer Free Writing Prospectus dated September 3, 2024 Filed Pursuant to Rule 433 Registration No.

SUBJECT TO COMPLETION PRELIMINARY PROSPECTUS SUPPLEMENT DATED SEPTEMBER 3, 2024

Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-277286-01 This preliminary prospectus supplement and the accompanying prospectus relate to an effective registration statement under the Securities Act of 1933, as amended. The information in this preliminary prospectus supplement is not complete and may be subject to change. This preliminary prospectus supplement and the acco

ATLANTA AUSTIN BANGKOK BEIJING BOSTON BRUSSELS CHARLOTTE DALLAS DUBAI HOUSTON LONDON LOS ANGELES MIAMI NEW YORK RICHMOND SAN FRANCISCO TOKYO TYSONS WASHINGTON, DC

Exhibit 99.1 August 1, 2024 To the Persons Listed on the Attached Schedule I Re: Federal and California Constitutional Issues related to PG&E Recovery Bonds Opinion Recipients: We have served as counsel to Pacific Gas and Electric Company, a California corporation (“PG&E”), in connection with the issuance and sale on the date hereof by PG&E Recovery Funding LLC, a Delaware limited liability compan

SERIES SUPPLEMENT

Exhibit 4.2 SERIES SUPPLEMENT This SERIES SUPPLEMENT dated as of August 1, 2024 (this “Supplement”), by and between PG&E RECOVERY FUNDING LLC, a Delaware limited liability company (the “Issuer”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association (“BANK”), in its capacity as indenture trustee (the “Indenture Trustee”) for the benefit of the Secured Parties under th

PG&E RECOVERY FUNDING LLC, THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary Dated as of August 1, 2024

Exhibit 4.1 PG&E RECOVERY FUNDING LLC, Issuer, and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary INDENTURE Dated as of August 1, 2024 TABLE OF CONTENTS ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 2 SECTION 1.01. Definitions 2 SECTION 1.02. Incorporation by Reference of Trust Indenture Act 2 SECTION 1.03. Rules of Construction 3 ARTICLE I

Electric Company, as servicer, dated as of August 1, 2024 (incorporated by reference to a Current

Exhibit 10.1 RECOVERY PROPERTY SERVICING AGREEMENT by and between PG&E RECOVERY FUNDING LLC, Issuer and PACIFIC GAS AND ELECTRIC COMPANY, Servicer Dated as of August 1, 2024 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 SECTION 1.01. Definitions 1 ARTICLE II APPOINTMENT AND AUTHORIZATION 2 SECTION 2.01. Appointment of Servicer; Acceptance of Appointment 2 SECTION 2.02. Authorization 2 SECTION 2.0

Joinder Agreement to Collection Account Intercreditor Agreement, dated as of August 1, 2024, among Pacific Gas and Electric Company, Citibank, N.A., in its role as collection account agent and PG&E Recovery Funding LLC (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated August 1, 2024 (File No. 1-2348), Exhibit 10.4)

Exhibit 10.4 JOINDER AGREEMENT (PG&E Recovery Funding LLC) This Joinder Agreement, dated as of August 1, 2024 (this “Joinder Agreement”) is entered into by and among Pacific Gas and Electric Company (the “Company”), Citibank, N.A., in its role as Collection Account Agent under the Agreement (as defined below), PG&E Recovery Funding LLC (a “Securitization SPV”), and The Bank of New York Mellon Trus

Recovery Property Purchase and Sale Agreement, dated as of August 1, 2024, between PG&E Recovery Funding LLC and Pacific Gas and Electric Company, as seller (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated August 1, 2024 (File No. 1-2348), Exhibit 10.2)

Exhibit 10.2 RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between PG&E RECOVERY FUNDING LLC, as Issuer and PACIFIC GAS AND ELECTRIC COMPANY, as Seller Dated as of August 1, 2024 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 SECTION 1.01. Definitions 1 SECTION 1.02. Other Definitional Provisions 2 ARTICLE II CONVEYANCE OF RECOVERY PROPERTY 2 SECTION 2.01. Conveyance of Recovery Property 2

Administration Agreement, dated as of August 1, 2024, between PG&E Recovery Funding LLC and Pacific Gas and Electric Company, as administrator (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated August 1, 2024 (File No. 1-2348), Exhibit 10.3)

Exhibit 10.3 ADMINISTRATION AGREEMENT This ADMINISTRATION AGREEMENT, dated as of August 1, 2024 (this “Administration Agreement”), by and between PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (“PG&E”), as administrator (in such capacity, the “Administrator”), and PG&E RECOVERY FUNDING LLC, a Delaware limited liability company (the “Issuer”). Capitalized terms used but not otherwise de

Current Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: August 1, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Num

RECOVERY PROPERTY SERVICING AGREEMENT by and between PG&E RECOVERY FUNDING LLC, PACIFIC GAS AND ELECTRIC COMPANY, Dated as of August 1, 2024

EX-10.1 Exhibit 10.1 RECOVERY PROPERTY SERVICING AGREEMENT by and between PG&E RECOVERY FUNDING LLC, Issuer and PACIFIC GAS AND ELECTRIC COMPANY, Servicer Dated as of August 1, 2024 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 SECTION 1.01. Definitions 1 ARTICLE II APPOINTMENT AND AUTHORIZATION 2 SECTION 2.01. Appointment of Servicer; Acceptance of Appointment 2 SECTION 2.02. Authorization 2 SEC

RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between PG&E RECOVERY FUNDING LLC, as Issuer PACIFIC GAS AND ELECTRIC COMPANY, as Seller Dated as of August 1, 2024

EX-10.2 Exhibit 10.2 RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between PG&E RECOVERY FUNDING LLC, as Issuer and PACIFIC GAS AND ELECTRIC COMPANY, as Seller Dated as of August 1, 2024 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 SECTION 1.01. Definitions 1 SECTION 1.02. Other Definitional Provisions 2 ARTICLE II CONVEYANCE OF RECOVERY PROPERTY 2 SECTION 2.01. Conveyance of Recovery Pro

PG&E RECOVERY FUNDING LLC PACIFIC GAS AND ELECTRIC COMPANY $1,419,285,000 SENIOR SECURED RECOVERY BONDS, SERIES 2024-A UNDERWRITING AGREEMENT

EX-1.1 Exhibit 1.1 PG&E RECOVERY FUNDING LLC PACIFIC GAS AND ELECTRIC COMPANY $1,419,285,000 SENIOR SECURED RECOVERY BONDS, SERIES 2024-A UNDERWRITING AGREEMENT July 24, 2024 To the Representatives named in Schedule I hereto of the Underwriters named in Schedule II hereto Ladies and Gentlemen: 1. Introduction. PG&E Recovery Funding LLC, a Delaware limited liability company (the “Issuer”), proposes

JOINDER AGREEMENT (PG&E Recovery Funding LLC)

EX-10.4 Exhibit 10.4 JOINDER AGREEMENT (PG&E Recovery Funding LLC) This Joinder Agreement, dated as of August 1, 2024 (this “Joinder Agreement”) is entered into by and among Pacific Gas and Electric Company (the “Company”), Citibank, N.A., in its role as Collection Account Agent under the Agreement (as defined below), PG&E Recovery Funding LLC (a “Securitization SPV”), and The Bank of New York Mel

$1,419,285,000 Senior Secured Recovery Bonds, Series 2024-A Pacific Gas and Electric Company Sponsor, Depositor and Initial Servicer Central Index Key Number: 0000075488 PG&E Recovery Funding LLC Issuing Entity Central Index Key Number: 0001866514 Tr

Table of Contents Filed pursuant to Rule 424(b)(1) Registration Nos. 333-278688 and 333-278688-01 PROSPECTUS $1,419,285,000 Senior Secured Recovery Bonds, Series 2024-A Pacific Gas and Electric Company Sponsor, Depositor and Initial Servicer Central Index Key Number: 0000075488 PG&E Recovery Funding LLC Issuing Entity Central Index Key Number: 0001866514 Tranche Expected Weighted Average Life (Yea

SERIES SUPPLEMENT

EX-4.2 Exhibit 4.2 SERIES SUPPLEMENT This SERIES SUPPLEMENT dated as of August 1, 2024 (this “Supplement”), by and between PG&E RECOVERY FUNDING LLC, a Delaware limited liability company (the “Issuer”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association (“BANK”), in its capacity as indenture trustee (the “Indenture Trustee”) for the benefit of the Secured Parties u

ADMINISTRATION AGREEMENT

EX-10.3 Exhibit 10.3 ADMINISTRATION AGREEMENT This ADMINISTRATION AGREEMENT, dated as of August 1, 2024 (this “Administration Agreement”), by and between PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (“PG&E”), as administrator (in such capacity, the “Administrator”), and PG&E RECOVERY FUNDING LLC, a Delaware limited liability company (the “Issuer”). Capitalized terms used but not othe

PG&E RECOVERY FUNDING LLC, THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary Dated as of August 1, 2024

EX-4.1 Exhibit 4.1 PG&E RECOVERY FUNDING LLC, Issuer, and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary INDENTURE Dated as of August 1, 2024 TABLE OF CONTENTS ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 2 SECTION 1.01. Definitions 2 SECTION 1.02. Incorporation by Reference of Trust Indenture Act 2 SECTION 1.03. Rules of Construction 3 AR

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 24, 2024 (Date of earliest event reported) Commission File Num

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 24, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numb

PG&E Corporation 2005 Supplemental Retirement Savings Plan, as amended effective as of May 14, 2024 (incorporated by reference to PG&E Corporation’s Form 10-Q for the quarter ended June 30, 2024 (File No. 1-12609), Exhibit 10.4)

EXHIBIT 10.4 PG&E CORPORATION 2005 SUPPLEMENTAL RETIREMENT SAVINGS PLAN This is the controlling and definitive statement of the PG&E CORPORATION (“PG&E CORP”) 2005 Supplemental Retirement Savings Plan (the “Plan”). The Plan was amended for compliance with the final Code Section 409A regulations effective as of January 1, 2009, further amended effective July 13, 2009 and August 1, 2011 with respect

PG&E Recovery Funding LLC (Issuing Entity) PRICING TERM SHEET $1,419,285,000 Senior Secured Recovery Bonds, Series 2024-A Issuing Entity: PG&E Recovery Funding LLC Sponsor, Depositor and Initial Servicer: Pacific Gas and Electric Company Trustee: The

FWP Free Writing Prospectus, dated July 24, 2024 Filed pursuant to Rule 433 under the Securities Act of 1933 Supplementing the Preliminary Prospectus, dated July 5, 2024 Registration Statement Nos.

2024 SECOND QUARTER EARNINGS July 25, 2024 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations

q224earningspresentation 2024 SECOND QUARTER EARNINGS July 25, 2024 Delivering For Customers AND Investors 1 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2024 non-GAAP core earnings), equity needs, rate base growth, capital expenditures, cash flow, cost savings, customer bills, wildfire risk mitigation, future dividends, and regulatory developments.

PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2024

Investor Relations: [email protected] | Media: 415.973.5930 | www.pgecorp.com July 25, 2024 PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2024 OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid 2024 results. Financial progress includes: •GAAP earnings were $0.24 per share for the second quarter of 2024, compared to earnings of $0.19 for the same peri

Amendment No. 12 to Receivables Financing Agreement, dated as of June 26, 2024, among PG&E AR Facility, LLC, as borrower, Pacific Gas and Electric Company, in its capacity as initial servicer, the financial institutions from time to time party thereto and listed therein as lenders and MUFG Bank, Ltd., as administrative agent (incorporated by reference to Pacific Gas and Electric Company’s Form 10-Q for the quarter ended June 30, 2024 (File No. 1-2348), Exhibit 10.2)

EXHIBIT 10.2 EXECUTION VERSION AMENDMENT NO. 12 TO RECEIVABLES FINANCING AGREEMENT This AMENDMENT NO. 12 TO RECEIVABLES FINANCING AGREEMENT, dated as of June 26, 2024 (this “Amendment”), among PG&E AR Facility, LLC, a Delaware limited liability company (the “Borrower”), Pacific Gas and Electric Company, a California corporation (“PG&E”), as initial Servicer (in such capacity, the “Servicer”) and a

Form of Restricted Stock Unit Agreement for 2024 grants to Non-Employee Directors under the PG&E Corporation 2021 Long-Term Incentive Plan (incorporated by reference to PG&E Corporation’s Form 10-Q for the quarter ended June 30, 2024 (File No. 1-12609), Exhibit 10.5)

EXHIBIT 10.5 PG&E CORPORATION 2021 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD – NON-EMPLOYEE DIRECTORS PG&E CORPORATION, a California corporation, hereby grants Restricted Stock Units to the Recipient named below. The Restricted Stock Units have been granted under the PG&E Corporation 2021 Long-Term Incentive Plan (the “LTIP”). The terms and conditions of the Restricted Stock Units are s

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value PCG The New York Stock Exchange First preferred stock, cumulative, par value $25 pe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of Regist

AMENDMENT NO. 1 TO CREDIT AGREEMENT

EXHIBIT 10.3 EXECUTION VERSION AMENDMENT NO. 1 TO CREDIT AGREEMENT This AMENDMENT NO. 1 TO CREDIT AGREEMENT, dated as of June 28, 2024 (this “Amendment”), is entered into by and among PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Borrower”), the Consenting Lender, and BARCLAYS BANK PLC (“BARCLAYS”), as administrative agent (in such capacity and including any successors in such c

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 25, 2024 (Date of earliest event reported) Commission File Num

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 25, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numb

PG&E Recovery Funding LLC (Issuing Entity) PRELIMINARY TERM SHEET $1,419,285,000 Senior Secured Recovery Bonds, Series 2024-A Issuing Entity: PG&E Recovery Funding LLC Sponsor, Depositor and Initial Servicer: Pacific Gas and Electric Company Trustee:

Free Writing Prospectus, dated July 18, 2024 Filed pursuant to Rule 433 under the Securities Act of 1933 Supplementing the Preliminary Prospectus, dated July 5, 2024 Registration Statement Nos.

PACIFIC GAS AND ELECTRIC COMPANY 300 LAKESIDE DRIVE OAKLAND, CALIFORNIA 94612

PACIFIC GAS AND ELECTRIC COMPANY 300 LAKESIDE DRIVE OAKLAND, CALIFORNIA 94612 July 18, 2024 VIA EDGAR Securities and Exchange Commission Division of Corporate Finance 100 F Street, N.

Remainder of the page intentionally left blank

July 18, 2024 VIA EDGAR Securities and Exchange Commission Division of Corporate Finance 100 F Street, N.

PG&E RECOVERY FUNDING LLC PACIFIC GAS AND ELECTRIC COMPANY $______ SENIOR SECURED RECOVERY BONDS, SERIES 2024-A UNDERWRITING AGREEMENT

Exhibit 1.1 PG&E RECOVERY FUNDING LLC PACIFIC GAS AND ELECTRIC COMPANY $ SENIOR SECURED RECOVERY BONDS, SERIES 2024-A UNDERWRITING AGREEMENT , 2024 To the Representatives named in Schedule I hereto of the Underwriters named in Schedule II hereto Ladies and Gentlemen: 1. Introduction. PG&E Recovery Funding LLC, a Delaware limited liability company (the “Issuer”), proposes to issue and sell $ aggreg

As filed with the Securities and Exchange Commission on July 5, 2024

Table of Contents As filed with the Securities and Exchange Commission on July 5, 2024 REGISTRATION NOS.

Calculation of Filing Fee Table Form SF-1 (Form Type) Pacific Gas and Electric Company (Exact name of registrant, sponsor and depositor as specified in its charter) PG&E Recovery Funding LLC (Exact name of registrant and issuing entity as specified i

Exhibit 107.1 Calculation of Filing Fee Table Form SF-1 (Form Type) Pacific Gas and Electric Company (Exact name of registrant, sponsor and depositor as specified in its charter) PG&E Recovery Funding LLC (Exact name of registrant and issuing entity as specified in its charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation  or Carry  Forward Rule  Amount R

PG&E RECOVERY FUNDING LLC, THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary Dated as of [Closing Date], 2024

Exhibit 4.1 PG&E RECOVERY FUNDING LLC, Issuer, and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary INDENTURE Dated as of [Closing Date], 2024 TABLE OF CONTENTS ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 2 SECTION 1.01. Definitions 2 SECTION 1.02. Incorporation by Reference of Trust Indenture Act 2 SECTION 1.03. Rules of Construction 3 ART

ATLANTA  AUSTIN  BANGKOK  BEIJING  BOSTON  BRUSSELS  CHARLOTTE  DALLAS  DUBAI  HOUSTON  LONDON LOS ANGELES  MIAMI  NEW YORK  RICHMOND  SAN FRANCISCO  TOKYO  TYSONS  WASHINGTON, DC

EX-99.2 Exhibit 99.2 Subject to Opinion Committee Approval [closing date], 2024 To the Persons Listed on the Attached Schedule I Re: Federal and California Constitutional Issues related to PG&E Recovery Bonds Opinion Recipients: We have served as counsel to Pacific Gas and Electric Company, a California corporation (“PG&E”), in connection with the issuance and sale on the date hereof by PG&E Recov

May 24, 2024

May 24, 2024 Ms. Hodan Siad Mr. Kayla Roberts Office of Structured Finance Division of Corporation Finance United States Securities and Exchange Commission 100 F. Street N.E. Washington, DC 20549 Re: Pacific Gas & Electric Company PG&E Recovery Funding LLC Registration Statement on Form SF-1 Filed April 15, 2024 File Nos. 333-278688 and 333-278688-01 Dear Ms. Siad and Ms. Roberts: On behalf of Pac

As filed with the Securities and Exchange Commission on May 24, 2024

Table of Contents As filed with the Securities and Exchange Commission on May 24, 2024 REGISTRATION NOS.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 16, 2024 (Date of earliest event reported)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 16, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numbe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: April 25, 2024 (Date of earliest event reported) Commission File Nu

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: April 25, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Num

Retention Letter Agreement, dated as of February 20, 2024, between PG&E Corporation and Carla J. Peterman (redacted) (incorporated by reference to PG&E Corporation’s Form 10-Q for the quarter ended March 31, 2024 (File No. 1-12609), Exhibit 10.5)

EXHIBIT 10.5 Certain identified information has been excluded from this exhibit because it is both not material and is the type that the registrant treats as private or confidential. February 20, 2024 Carla J. Peterman EVP, Corporate Affairs and Chief Sustainability Officer Personnel Number: [****] Dear Carla: I want to personally thank you for your dedication and contributions to Pacific Gas and

PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2024

Investor Relations: [email protected] | Media: 415.973.5930 | www.pgecorp.com April 25, 2024 PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2024 OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid 2024 results. Financial progress includes: •GAAP earnings were $0.34 per share for the first quarter of 2024, compared to earnings of $0.27 for the same perio

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value PCG The New York Stock Exchange First preferred stock, cumulative, par value $25 pe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of Regis

Retention Letter Agreement, dated as of February 20, 2024, between PG&E Corporation and John R. Simon (redacted) (incorporated by reference to PG&E Corporation’s Form 10-Q for the quarter ended March 31, 2024 (File No. 1-12609), Exhibit 10.6

EXHIBIT 10.6 Certain identified information has been excluded from this exhibit because it is both not material and is the type that the registrant treats as private or confidential. February 20, 2024 John R. Simon EVP, General Counsel and Chief Ethics and Compliance Officer Personnel Number: [****] Dear John I want to personally thank you for your dedication and contributions to Pacific Gas and E

Update to Schedule 1 to Collection Account Intercreditor Agreement, dated as of March 28, 2024, among Pacific Gas and Electric Company, PG&E Recovery Funding LLC, PG&E Wildfire Recovery Funding LLC, Citibank, N.A., MUFG Bank Ltd., and The Bank of New York Mellon Trust Company, N.A. (redacted) (incorporated by reference to Pacific Gas and Electric Company’s Form 10-Q for the quarter ended March 31, 2024 (File No. 1-2348) Exhibit 10.4)

EXHIBIT 10.4 Certain identified information has been excluded from this exhibit because it is both not material and is the type that the registrant treats as private or confidential. UPDATE to SCHEDULE I to COLLECTION ACCOUNT INTERCREDITOR AGREEMENT THIS UPDATE TO SCHEDULE I TO COLLECTION ACCOUNT INTERCREDITOR AGREEMENT (the “Update”) is made as of March 28, 2024, by and among: (a) Pacific Gas and

Amendment No. 10 to Receivables Financing Agreement, dated as of December 8, 2023, among PG&E AR Facility, LLC, as borrower, Pacific Gas and Electric Company, in its capacity as initial servicer, the financial institutions from time to time party thereto and listed therein as lenders and MUFG Bank, Ltd., as administrative agent (incorporated by reference to Pacific Gas and Electric Company’s Form 10-Q for the quarter ended March 31, 2024 (File No. 1-2348), Exhibit 10.2)

EXHIBIT 10.2 AMENDMENT NO. 10 TO RECEIVABLES FINANCING AGREEMENT This AMENDMENT NO. 10 TO RECEIVABLES FINANCING AGREEMENT, dated as of December 8, 2023 (this “Amendment”), among PG&E AR Facility, LLC, a Delaware limited liability company (the “Borrower”), Pacific Gas and Electric Company, a California corporation (“PG&E”), as initial Servicer (in such capacity, the “Servicer”) and as retention hol

2024 FIRST QUARTER EARNINGS Performance Is Power April 25, 2024 2 Forward-Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expec

pgeq124earningspresentat 2024 FIRST QUARTER EARNINGS Performance Is Power April 25, 2024 2 Forward-Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2024 non-GAAP core earnings), equity needs, rate base growth, capital expenditures, cash flow, cost savings, customer bills, wildfire risk mitigation, future dividends, and regulatory developments.

Amendment No. 3 to Credit Agreement dated as of April 16, 2024, among Pacific Gas and Electric Company, the lenders party thereto and Bank of America, N.A., as administrative agent (incorporated by reference to Pacific Gas and Electric Company’s Form 10-Q dated March 31, 2024 (File no. 1-2348), Exhibit 10.1)

EXHIBIT 10.1 AMENDMENT NO. 3 TO CREDIT AGREEMENT This AMENDMENT NO. 3, dated as of April 16, 2024 (this “Amendment”), is entered into by and among PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Borrower”), each lender party hereto (the “Lenders”) and BANK OF AMERICA, N.A., as administrative agent (in such capacity, the “Administrative Agent”). RECITALS: WHEREAS, reference is here

Amendment No. 11 to Receivables Financing Agreement, dated as of March 28, 2024, among PG&E AR Facility, LLC, as borrower, Pacific Gas and Electric Company, in its capacity as initial servicer, the financial institutions from time to time party thereto and listed therein as lenders and MUFG Bank, Ltd., as administrative agent (incorporated by reference to Pacific Gas and Electric Company’s Form 10-Q for the quarter ended March 31, 2024 (File No. 1-2348), Exhibit 10.3)

EXHIBIT 10.3 EXECUTION VERSION Certain identified information has been excluded from this exhibit because it is both not material and is the type that the registrant treats as private or confidential. AMENDMENT NO. 11 TO RECEIVABLES FINANCING AGREEMENT This AMENDMENT NO. 11 TO RECEIVABLES FINANCING AGREEMENT, dated as of March 28, 2024 (this “Amendment”), among PG&E AR Facility, LLC, a Delaware li

Amendment to Certificate of Formation of PG&E Recovery Funding LLC*

Exhibit 3.3 STATE OF DELAWARE CERTIFICATE OF AMENDMENT CHANGING ONLY THE REGISTERED OFFICE OR REGISTERED AGENT OF A LIMITED LIABILITY COMPANY The limited liability company organized and existing under the Limited Liability Company Act of the State of Delaware, hereby certifies as follows: 1. The name of the limited liability company is PG&E Recovery Funding LLC. 2. The Registered Office of the lim

PG&E RECOVERY FUNDING LLC, THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary Dated as of [Closing Date], 2024

Exhibit 4.1 PG&E RECOVERY FUNDING LLC, Issuer, and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary INDENTURE Dated as of [Closing Date], 2024 TABLE OF CONTENTS ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE 2 SECTION 1.01. Definitions 2 SECTION 1.02. Incorporation by Reference of Trust Indenture Act 2 SECTION 1.03. Rules of Construction 3 ART

Calculation of Filing Fee Table Form SF-1 (Form Type) Pacific Gas and Electric Company PG&E Recovery Funding LLC (Exact name of registrant, sponsor and depositor as specified in its charter) (Exact name of registrant and issuing entity as specified i

Exhibit 107.1 Calculation of Filing Fee Table Form SF-1 (Form Type) Pacific Gas and Electric Company PG&E Recovery Funding LLC (Exact name of registrant, sponsor and depositor as specified in its charter) (Exact name of registrant and issuing entity as specified in its charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Regi

RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between PG&E RECOVERY FUNDING LLC, as Issuer PACIFIC GAS AND ELECTRIC COMPANY, as Seller Dated as of [Closing Date], 2024

Exhibit 10.2 RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between PG&E RECOVERY FUNDING LLC, as Issuer and PACIFIC GAS AND ELECTRIC COMPANY, as Seller Dated as of [Closing Date], 2024 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 SECTION 1.01. Definitions 1 SECTION 1.02. Other Definitional Provisions 2 ARTICLE II CONVEYANCE OF RECOVERY PROPERTY 2 SECTION 2.01. Conveyance of Recovery Prope

Financing Order*

Exhibit 99.1 ALJ/JLQ/jnf Date of Issuance 2/16/2024 Decision 24-02-011 February 15, 2024  BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA Third Application of Pacific Gas and Electric Company for Authority to Issue Recovery Bonds for Fire Risk Mitigation Expenditures pursuant to Article 5.8 of the California Public Utilities Code. (U39E.) Application 23-08-009 FINANCING ORDER AUT

Collection Account Intercreditor Agreement, dated as of October 5, 2020, among Pacific Gas and Electric Company, MUFG Bank, Ltd., and each trustee, indenture trustee, lender administrative agent, collateral agent, purchaser or other party described in Exhibit A therein*

Exhibit 10.4 COLLECTION ACCOUNT INTERCREDITOR AGREEMENT This COLLECTION ACCOUNT INTERCREDITOR AGREEMENT (as amended, modified, waived, restated or replaced from time to time, this “Agreement”), is dated as of October 5, 2020 among (i) PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Company”), (ii) MUFG BANK, LTD., a Japanese banking corporation, as Administrative Agent on behalf o

POWER OF ATTORNEY

Exhibit 24.1 POWER OF ATTORNEY Each of the undersigned Directors of Pacific Gas and Electric Company, a California corporation (the “Corporation”) hereby constitutes and appoints CHRISTINE M. DESANZE, ROBIN J. REILLY, HENRY WEINTRAUB, BRIAN M. WONG and JOSEPH C. YU, and each of them, as his or her attorneys-in-fact with full power of substitution and resubstitution to sign and file with the Securi

Form of Administration Agreement between PG&E Recovery Funding LLC and Pacific Gas and Electric Company, as Administrator*

Exhibit 10.3 ADMINISTRATION AGREEMENT This ADMINISTRATION AGREEMENT, dated as of [Closing Date], 2024 (this “Administration Agreement”), by and between PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (“PG&E”), as administrator (in such capacity, the “Administrator”), and PG&E RECOVERY FUNDING LLC, a Delaware limited liability company (the “Issuer”). Capitalized terms used but not otherw

Subsidiaries of Pacific Gas and Electric Company Name of Subsidiary Jurisdiction of Formation of Subsidiary PG&E Recovery Funding LLC Delaware PG&E Wildfire Recovery Funding LLC Delaware

Exhibit 21.1 Subsidiaries of Pacific Gas and Electric Company Name of Subsidiary Jurisdiction of Formation of Subsidiary PG&E Recovery Funding LLC Delaware PG&E Wildfire Recovery Funding LLC Delaware

Certificate of Formation of PG&E Recovery Funding LLC*

Exhibit 3.1 CERTIFICATE OF FORMATION OF PG&E RECOVERY FUNDING LLC Pursuant to §18-201 of the Delaware Limited Liability Company Act, the undersigned does hereby submit this Certificate of Formation for the purpose of forming a limited liability company. FIRST: The name of the limited liability company is PG&E Recovery Funding LLC. SECOND: The address of its registered office in the State of Delawa

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

Exhibit 25.1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (Exact name of trustee as specified in its charter) 95-

Registration Statement RESOLUTION OF THE BOARD OF DIRECTORS OF PACIFIC GAS AND ELECTRIC COMPANY February 13, 2024

Exhibit 24.2 Registration Statement RESOLUTION OF THE BOARD OF DIRECTORS OF PACIFIC GAS AND ELECTRIC COMPANY February 13, 2024 BE IT FURTHER RESOLVED that for the purposes of facilitating the signing and filing of each Registration Statement and any amendments (including pre-effective amendments or post-effective amendments) or supplements thereto, each of CHRISTINE M. DESANZE, ROBIN J. REILLY, HE

Consent of Independent Manager*

Exhibit 99.3 Consent of Manager Nominee Pacific Gas and Electric Company and PG&E Recovery Funding LLC are filing a Registration Statement on Form SF-1 (the “Registration Statement”) with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), in connection with the public offering of recovery bonds. In connection therewith, I hereby consent, pur

As filed with the Securities and Exchange Commission on April 15, 2024

Table of Contents As filed with the Securities and Exchange Commission on April 15, 2024 REGISTRATION NOS.

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT PG&E RECOVERY FUNDING LLC Dated as of October 27, 2021

Exhibit 3.2 Execution Version AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF PG&E RECOVERY FUNDING LLC Dated as of October 27, 2021 TABLE OF CONTENTS Page ARTICLE I GENERAL PROVISIONS SECTION 1.01 Definitions 1 SECTION 1.02 Sole Member; Registered Office and Agent 2 SECTION 1.03 Other Offices 3 SECTION 1.04 Name 3 SECTION 1.05 Purpose; Nature of Business Permitted; Powers 3 SECTION 1.

RECOVERY PROPERTY SERVICING AGREEMENT by and between PG&E RECOVERY FUNDING LLC, PACIFIC GAS AND ELECTRIC COMPANY, Dated as of [Closing Date], 2024

Exhibit 10.1 RECOVERY PROPERTY SERVICING AGREEMENT by and between PG&E RECOVERY FUNDING LLC, Issuer and PACIFIC GAS AND ELECTRIC COMPANY, Servicer Dated as of [Closing Date], 2024 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 SECTION 1.01. Definitions 1 ARTICLE II APPOINTMENT AND AUTHORIZATION 2 SECTION 2.01. Appointment of Servicer; Acceptance of Appointment 2 SECTION 2.02. Authorization 2 SECTI

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Amendment No. ) (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Amendment No. ) (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement CONFIDENTIAL, F

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Amendment No. ) (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Amendment No. ) (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement CONFIDENTIAL, F

Pacific Gas and Electric Company $850,000,000 5.550% First Mortgage Bonds due 2029 $1,100,000,000 5.800% First Mortgage Bonds due 2034 $300,000,000 6.750% First Mortgage Bonds due 2053 Underwriting Agreement

Exhibit 1.1 Execution Version Pacific Gas and Electric Company $850,000,000 5.550% First Mortgage Bonds due 2029 $1,100,000,000 5.800% First Mortgage Bonds due 2034 $300,000,000 6.750% First Mortgage Bonds due 2053 Underwriting Agreement New York, New York February 26, 2024 Barclays Capital Inc. 745 Seventh Avenue New York, New York 10019 BMO Capital Markets Corp. 151 West 42nd Street New York, Ne

Twenty-Fourth Supplemental Indenture, dated as of February 28, 2024 (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated February 26, 2024 (File No. 1-2348), Exhibit 4.1)

Exhibit 4.1 TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Christopher W. Hasbrouck, Esq. TWENTY-FOURTH SUPPLEMENTAL INDENTURE Dated as of February 28, 2024 SUPPLEMENT TO INDENTURE OF MORTGAGE Dated as of June 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY ISSUER (MORTGAGOR) AND THE BANK OF NEW YORK MELLON TRUST CO

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 26, 2024 (Date of earliest event reported) Commission File

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 26, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

Pacific Gas and Electric Company PRICING TERM SHEET $850,000,000 5.550% First Mortgage Bonds due 2029 (the “2029 Mortgage Bonds”) $1,100,000,000 5.800% First Mortgage Bonds due 2034 (the “2034 Mortgage Bonds”) $300,000,000 6.750% First Mortgage Bonds

Issuer Free Writing Prospectus dated February 26, 2024 Filed Pursuant to Rule 433 Registration No.

$2,250,000,000 $850,000,000 5.550% First Mortgage Bonds due 2029 $1,100,000,000 5.800% First Mortgage Bonds due 2034 $300,000,000 6.750% First Mortgage Bonds due 2053

Table of Contents Filed Pursuant to Rule 424(b)(2) Registration No. 333-277286-01 PROSPECTUS SUPPLEMENT (To Prospectus dated February 22, 2024) $2,250,000,000 $850,000,000 5.550% First Mortgage Bonds due 2029 $1,100,000,000 5.800% First Mortgage Bonds due 2034 $300,000,000 6.750% First Mortgage Bonds due 2053 We are offering $850,000,000 aggregate principal amount of our 5.550% first mortgage bond

Calculation of Filing Fee Table (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

Exhibit 107.1 Calculation of Filing Fee Table 424(b)(2) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registration Fee Fees t

SUBJECT TO COMPLETION PRELIMINARY PROSPECTUS SUPPLEMENT DATED FEBRUARY 26, 2024

424B5 Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-277286-01 This preliminary prospectus supplement and the accompanying prospectus relate to an effective registration statement under the Securities Act of 1933, as amended. The information in this preliminary prospectus supplement is not complete and may be subject to change. This preliminary prospectus supplement and th

POWER OF ATTORNEY

EXHIBIT 24 POWER OF ATTORNEY Each of the undersigned Directors of PG&E Corporation hereby constitutes and appoints JOHN R.

Registration Statement RESOLUTION OF THE BOARD OF DIRECTORS OF PG&E CORPORATION February 16, 2024

Exhibit 24.3 Registration Statement RESOLUTION OF THE BOARD OF DIRECTORS OF PG&E CORPORATION February 16, 2024 BE IT FURTHER RESOLVED, that for the purposes of facilitating the signing and filing of each Registration Statement and any amendments (including pre-effective amendments or post-effective amendments) or supplements thereto, each of CHRISTINE M. DESANZE, ROBIN J. REILLY, HENRY WEINTRAUB,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

Exhibit 25.1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (Exact name of trustee as specified in its charter) 95-

Registration Statement RESOLUTION OF THE BOARD OF DIRECTORS OF PACIFIC GAS AND ELECTRIC COMPANY February 16, 2024

Exhibit 24.4 Registration Statement RESOLUTION OF THE BOARD OF DIRECTORS OF PACIFIC GAS AND ELECTRIC COMPANY February 16, 2024 BE IT FURTHER RESOLVED, that for the purposes of facilitating the signing and filing of each Registration Statement and any amendments (including pre-effective amendments or post-effective amendments) or supplements thereto, each of CHRISTINE M. DESANZE, ROBIN J. REILLY, H

PG&E CORPORATION AND PACIFIC GAS AND ELECTRIC COMPANY DODD-FRANK CLAWBACK POLICY

EXHIBIT 97.1 PG&E CORPORATION AND PACIFIC GAS AND ELECTRIC COMPANY DODD-FRANK CLAWBACK POLICY 1. Purpose PG&E Corporation and Pacific Gas and Electric Company (each, a “Company” and together “Companies”), have adopted this Dodd-Frank Clawback Policy (this “Policy”) to comply with Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, as codified by Section 10D of the

Twenty-Third Supplemental Indenture, dated as of December 21, 2023 (incorporated by reference to Pacific Gas and Electric Company’s Form 10-K for the fiscal year ended December 31, 2023 (File No. 1-2348), Exhibit 4.5.22).**

EXHIBIT 4.5.22 TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Christopher W. Hasbrouck, Esq. TWENTY-THIRD SUPPLEMENTAL INDENTURE DATED AS OF DECEMBER 21, 2023 SUPPLEMENT TO INDENTURE OF MORTGAGE DATED AS OF JUNE 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY Issuer (Mortgagor) and THE BANK OF NEW YORK MELLON TRUST

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, 2023 ☐ TRANSITION REPORT PURSUA

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, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of Registrant as

PCGU / PG&E Corp. - Units / Shaolin Capital Management LLC Passive Investment

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No.

As filed with the Securities and Exchange Commission on February 22, 2024

Table of Contents As filed with the Securities and Exchange Commission on February 22, 2024 Registration Nos.

DESCRIPTION OF PACIFIC GAS AND ELECTRIC COMPANY’S SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 Description of Preferred Stock

EXHIBIT 4.1(b) DESCRIPTION OF PACIFIC GAS AND ELECTRIC COMPANY’S SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 Description of Preferred Stock The following description of Pacific Gas and Electric Company’s (the “Utility”) preferred stock is only a summary and does not purport to be complete. It is subject to and qualified in its entirety by reference to applicable l

Offer Letter between Pacific Gas and Electric Company and Kaled Awada, dated December 9, 2023 (redacted) (incorporated by reference to Pacific Gas and Electric’s Form 10-K for the year ended December 31, 2023 (File No. 1-2348), Exhibit 10.25)

EXHIBIT 10.25 Pacific Gas and Electric Company,. John R. Simon 300 Lakeside Drive Executive Vice President Oakland, CA 94612 General Counsel and Chief Ethics & Compliance Officer December 9, 2023 Mr. Kaled Awada By E-Mail Dear Kaled, We are thrilled to extend a contingent offer of employment for the position of Executive Vice President, Chief People Officer reporting to Patti Poppe, PG&E's CEO. Th

Significant Subsidiaries

EXHIBIT 21 Significant Subsidiaries Parent of Significant Subsidiary Name of Significant Subsidiary Jurisdiction of Formation of Subsidiary Names under which Significant Subsidiary does business PG&E Corporation Pacific Gas and Electric Company CA Pacific Gas and Electric Company PG&E

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

Exhibit 25.4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (Exact name of trustee as specified in its charter) 95-

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

Exhibit 25.2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (Exact name of trustee as specified in its charter) 95-

PG&E Corporation 2012 Officer Severance Policy, as amended effective as of September 12, 2023 (incorporated by reference to PG&E Corporation’s Form 10-K for the year ended December 31, 2023 (File No. 1-12609), Exhibit 10.30)

EXHIBIT 10.30 PG&E CORPORATION 2012 OFFICER SEVERANCE POLICY (Amended effective as of September 12, 2023) 1. Purpose. This is the controlling and definitive statement of the Officer Severance Policy of PG&E Corporation (“Policy”). Since Officers (defined below) are employed at the will of PG&E Corporation (“Corporation”) or a participating employer (“Employer”), their employment may be terminated

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: February 22, 2024 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

Exhibit 25.5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM T-1 STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE ☐ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (Exact name of trustee as specified in its charter) 95-

2023 FOURTH QUARTER AND FULL YEAR EARNINGS Performance Is Power February 22, 2024 2 Forward-Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performanc

2023 FOURTH QUARTER AND FULL YEAR EARNINGS Performance Is Power February 22, 2024 2 Forward-Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2024 non-GAAP core earnings), equity needs, rate base growth, capital expenditures, cash flow, cost reductions, customer bills, wildfire risk mitigation, future dividends, and regulatory developments.

Calculation of Filing Fee Table (Form Type) PG&E Corporation Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forw

Exhibit 107.1 Calculation of Filing Fee Table S-3 (Form Type) PG&E Corporation Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee  Rate  Amount of Registrati

DESCRIPTION OF PG&E CORPORATION’S SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934

EXHIBIT 4.1(a) DESCRIPTION OF PG&E CORPORATION’S SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 The following description of PG&E Corporation’s common stock (the “Common Stock”) is only a summary and does not purport to be complete. It is subject to and qualified in its entirety by reference to applicable law, our Amended and Restated Articles of Incorporation filed

POWER OF ATTORNEY

Exhibit 24.2 ATTACHMENT B POWER OF ATTORNEY Each of the undersigned Directors of Pacific Gas and Electric Company, a California corporation (the “Corporation”) hereby constitutes and appoints CHRISTINE M. DESANZE, ROBIN J. REILLY, HENRY WEINTRAUB, BRIAN M. WONG and JOSEPH C. YU, and each of them, as his or her attorneys-in-fact with full power of substitution and resubstitution to sign and file wi

PG&E Corporation Delivers High End of Guidance for Full-Year 2023 and Increases 2024 Earnings Guidance

Investor Relations Contact: 415.972.7080 | Media Inquiries Contact: 415.973.5930 | www.pgecorp.com February 22, 2024 PG&E Corporation Delivers High End of Guidance for Full-Year 2023 and Increases 2024 Earnings Guidance •GAAP earnings were $1.05 per share for the year and $0.43 per share for the fourth quarter of 2023, compared to earnings of $0.84 and $0.24 per share, respectively, for the same p

POWER OF ATTORNEY

Exhibit 24.1 ATTACHMENT A POWER OF ATTORNEY Each of the undersigned Directors of PG&E Corporation, a California corporation (the “Corporation”) hereby constitutes and appoints CHRISTINE M. DESANZE, ROBIN J. REILLY, HENRY WEINTRAUB, BRIAN M. WONG and JOSEPH C. YU, and each of them, as his or her attorneys-in-fact with full power of substitution and resubstitution to sign and file with the Securitie

PCG.PRA / Pacific Gas and Electric Company - Preferred Stock / Newtyn Management, LLC Passive Investment

SC 13G/A 1 formsc13ga.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4)* PACIFIC GAS and ELECTRIC COMPANY (Name of Issuer) FIRST PREFERRED STOCK, CUMULATIVE, PAR VALUE $25 per share (Title of Class of Securities) 694308206 694308305 694308404 694308503 694308602 694308701 694308800 694308883 (CUSIP N

PCG.PRA / Pacific Gas and Electric Company - Preferred Stock / STONEHILL CAPITAL MANAGEMENT LLC - SC 13G/A Passive Investment

SC 13G/A 1 d763680dsc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 5)* Pacific Gas & Electric Company (Name of Issuer) First Preferred Stock, cumulative, par value $25.00 per share (Title of Class of Securities) 694308 20 6 694308 40 4 694308 50 3 694308 60 2 694308 70 1 694308 80 0

PG&E Corporation 300 Lakeside Drive Oakland, California 94612

EX-99.1 Exhibit 99.1 PG&E Corporation 300 Lakeside Drive Oakland, California 94612 December 8, 2023 The Bank of New York Mellon Trust Company, N.A., as Trustee 311 South Wacker Drive Suite 6200B, Floor 62 Mailbox #44 Chicago, Illinois 60606 To the Addressee: Reference is hereby made to that certain Indenture, dated as of December 4, 2023 (the “Indenture”), by and among PG&E Corporation, a Californ

Entry into a Material Definitive Agreement, Financial Statements and Exhibits, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 8, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

AMENDMENT NO. 3 TO TERM LOAN CREDIT AGREEMENT

Exhibit 10.1 Execution Version AMENDMENT NO. 3 TO TERM LOAN CREDIT AGREEMENT This AMENDMENT NO. 3 to TERM LOAN CREDIT AGREEMENT, dated as of December 8, 2023 (this “Amendment”), is entered into by and among PG&E CORPORATION, a California corporation (the “Borrower”), the Lenders party hereto and JPMORGAN CHASE BANK, N.A. (“JPMCB”), as administrative agent (in such capacity and including any succes

PG&E CORPORATION THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee JPMORGAN CHASE BANK, N.A., as Collateral Agent Dated as of December 4, 2023 4.25% Convertible Senior Secured Notes due 2027

Exhibit 4.1 EXECUTION VERSION PG&E CORPORATION and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee and JPMORGAN CHASE BANK, N.A., as Collateral Agent INDENTURE Dated as of December 4, 2023 4.25% Convertible Senior Secured Notes due 2027 TABLE OF CONTENTS PAGE ARTICLE 1 DEFINITIONS Section 1.01. Definitions 6 Section 1.02. References to Interest 37 ARTICLE 2 ISSUE, DESCRIPTION, EXECUTIO

Unregistered Sales of Equity Securities, Financial Statements and Exhibits, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 4, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

PG&E Corporation Announces Upsize and Pricing of $1.9 Billion Convertible Senior Secured Notes due 2027 to Prepay Portion of Existing Term Loan

Exhibit 99.1 Marketing & Communications | 415.973.5930 November 29, 2023 PG&E Corporation Announces Upsize and Pricing of $1.9 Billion Convertible Senior Secured Notes due 2027 to Prepay Portion of Existing Term Loan OAKLAND, Calif. – PG&E Corporation (NYSE: PCG) announced the pricing of its offering of $1.9 billion aggregate principal amount of 4.25% Convertible Senior Secured Notes due 2027 (the

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 29, 2023 (Date of earliest event reported) Commission File

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 29, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 29, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

PG&E Corporation Announces Proposed Offering of $1.5 Billion Convertible Senior Secured Notes due 2027 to Repay Portion of Existing Term Loan

Exhibit 99.1 Marketing & Communications | 415.973.5930 November 29, 2023 PG&E Corporation Announces Proposed Offering of $1.5 Billion Convertible Senior Secured Notes due 2027 to Repay Portion of Existing Term Loan OAKLAND, Calif. – PG&E Corporation (NYSE: PCG) announced today that it intends to offer, subject to market and other conditions, $1.5 billion aggregate principal amount of Convertible S

Regulation FD Disclosure, Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 7, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

PG&E Corporation 8-K

PG&E Corporation 8-K Exhibit 99.1 Business Update Investing in California’s Prosperity November 28, 2023 2 Forward - Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) fut ure performance, including expectations, objectives, and forecasts about operating results (including 2023 and 2024 non - GAAP core earnin

Twenty-Second Supplemental Indenture, dated as of November 15, 2023 (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated November 15, 2023 (File No. 1-2348), Exhibit 4.1).**

Exhibit 4.1 Execution Version TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Robert M. Johnson, Esq. TWENTY-SECOND SUPPLEMENTAL INDENTURE DATED AS OF NOVEMBER 15, 2023 SUPPLEMENT TO INDENTURE OF MORTGAGE DATED AS OF JUNE 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY Issuer (Mortgagor) and THE BANK OF NEW YORK MELL

$2,100,000,000 BRIDGE TERM LOAN CREDIT AGREEMENT PACIFIC GAS AND ELECTRIC COMPANY, as Borrower, the Lenders from Time to Time Party Hereto, BARCLAYS BANK PLC, as Administrative Agent, Dated as of November 15, 2023 BARCLAYS BANK PLC, as Sole Lead Arra

Exhibit 10.1 Execution Version $2,100,000,000 BRIDGE TERM LOAN CREDIT AGREEMENT among PACIFIC GAS AND ELECTRIC COMPANY, as Borrower, the Lenders from Time to Time Party Hereto, and BARCLAYS BANK PLC, as Administrative Agent, Dated as of November 15, 2023 BARCLAYS BANK PLC, as Sole Lead Arranger and Bookrunner i TABLE OF CONTENTS PAGE SECTION 1. DEFINITIONS 1 1.1 Defined Terms 1 1.2 Other Definitio

Entry into a Material Definitive Agreement, Financial Statements and Exhibits, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 15, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

Pacific Gas and Electric Company $800,000,000 6.950% First Mortgage Bonds due 2034 Underwriting Agreement

Exhibit 1.1 Execution Version Pacific Gas and Electric Company $800,000,000 6.950% First Mortgage Bonds due 2034 Underwriting Agreement New York, New York November 6, 2023 BNP Paribas Securities Corp. 787 Seventh Avenue New York, New York 10019 Mizuho Securities USA LLC 1271 Avenue of the Americas New York, New York 10020 MUFG Securities Americas Inc. 1221 Avenue of the Americas, 6th Floor New Yor

Twenty-First Supplemental Indenture, dated as of November 8, 2023 (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated November 6, 2023 (File No. 1-2348), Exhibit 4.1)

Exhibit 4.1 Execution Version TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Robert M. Johnson, Esq. TWENTY-FIRST SUPPLEMENTAL INDENTURE Dated as of November 8, 2023 SUPPLEMENT TO INDENTURE OF MORTGAGE Dated as of June 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY ISSUER (MORTGAGOR) AND THE BANK OF NEW YORK MELLON

Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: November 6, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

$800,000,000 6.950% First Mortgage Bonds due 2034

Table of Contents Filed Pursuant to Rule 424(b)(2) Registration No. 333-253630 PROSPECTUS SUPPLEMENT (To Prospectus dated February 26, 2021) $800,000,000 6.950% First Mortgage Bonds due 2034 We are offering $800,000,000 aggregate principal amount of our 6.950% first mortgage bonds due 2034 (the “mortgage bonds”). The per annum interest rate on the mortgage bonds will be 6.950%. We will pay interes

Calculation of Filing Fee Table (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

EX-FILING FEES Exhibit 107.1 Calculation of Filing Fee Table 424(b)(2) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate Amount of Registra

Pacific Gas and Electric Company PRICING TERM SHEET $800,000,000 6.950% First Mortgage Bonds due 2034 (the “Mortgage Bonds”)

Issuer Free Writing Prospectus dated November 6, 2023 Filed Pursuant to Rule 433 Registration No.

SUBJECT TO COMPLETION PRELIMINARY PROSPECTUS SUPPLEMENT DATED NOVEMBER 6, 2023

Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-253630 This preliminary prospectus supplement and the accompanying prospectus relate to an effective registration statement under the Securities Act of 1933, as amended. The information in this preliminary prospectus supplement is not complete and may be subject to change. This preliminary prospectus supplement and the accompa

PG&E CORPORATION SUPPLEMENTAL RETIREMENT SAVINGS PLAN

EXHIBIT 10.2 PG&E CORPORATION SUPPLEMENTAL RETIREMENT SAVINGS PLAN This is the controlling and definitive statement of the PG&E CORPORATION (“PG&E CORP”) Supplemental Retirement Savings Plan (the “Plan”). Except as provided herein, the Plan is effective as of January 1, 2000, with respect to all individuals who were Eligible Employees as of such date. The Plan takes the place of and assumes existi

PG&E CORPORATION 2005 SUPPLEMENTAL RETIREMENT SAVINGS PLAN

EXHIBIT 10.3 PG&E CORPORATION 2005 SUPPLEMENTAL RETIREMENT SAVINGS PLAN This is the controlling and definitive statement of the PG&E CORPORATION (“PG&E CORP”) 2005 Supplemental Retirement Savings Plan (the “Plan”). The Plan was amended for compliance with the final Code Section 409A regulations effective as of January 1, 2009, further amended effective July 13, 2009 and August 1, 2011 with respect

2023 THIRD QUARTER EARNINGS Investing in California’s Prosperity October 26, 2023 2 Forward-Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performanc

q323earningspresentation 2023 THIRD QUARTER EARNINGS Investing in California’s Prosperity October 26, 2023 2 Forward-Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2023 and 2024 non-GAAP core earnings), equity needs, rate base growth, capital expenditures, cost reductions, wildfire risk mitigation, and regulatory developments.

Regulation FD Disclosure, Financial Statements and Exhibits, Results of Operations and Financial Condition

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 26, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification N

PG&E CORPORATION 2012 OFFICER SEVERANCE POLICY (Amended effective as of September 12, 2023)

EXHIBIT 10.6 PG&E CORPORATION 2012 OFFICER SEVERANCE POLICY (Amended effective as of September 12, 2023) 1. Purpose. This is the controlling and definitive statement of the Officer Severance Policy of PG&E Corporation (“Policy”). Since Officers (defined below) are employed at the will of PG&E Corporation (“Corporation”) or a participating employer (“Employer”), their employment may be terminated a

PG&E CORPORATION DEFINED CONTRIBUTION EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN

EXHIBIT 10.5 PG&E CORPORATION DEFINED CONTRIBUTION EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN Effective as of January 1, 2013 (the “Effective Date”), PG&E Corporation adopted this Plan for the benefit of a select group of management or highly compensated employees of PG&E Corporation and its Participating Subsidiaries. This Plan was further amended effective September 17, 2013, with respect to certain

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN PG&E CORPORATION (As Amended Effective as of September 12, 2023)

EXHIBIT 10.4 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN OF PG&E CORPORATION (As Amended Effective as of September 12, 2023) This is the controlling and definitive statement of the Supplemental Executive Retirement Plan (“PLAN”)1 for ELIGIBLE EMPLOYEES of PG&E Corporation (“CORPORATION”), Pacific Gas and Electric Company (“COMPANY”) and such other companies, affiliates, subsidiaries, or associations as

PG&E Corporation Reports Third-Quarter Results; On Track to Deliver Solid 2023

Investor Relations Contact: 415.972.7080 | Media Inquiries Contact: 415.973.5930 | www.pgecorp.com October 26, 2023 PG&E Corporation Reports Third-Quarter Results; On Track to Deliver Solid 2023 •Recorded GAAP earnings were $0.16 per diluted share for the third quarter of 2023, compared to earnings of $0.21 per diluted share for the same period in 2022. •Non-GAAP core earnings were $0.24 per dilut

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value PCG The New York Stock Exchange First preferred stock, cumulative, par value $25 pe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of R

Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: September 13, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 15 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 15 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdic

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: August 10, 2023 (Date of earliest event reported)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: August 10, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Nu

First Amendment to Office Lease, dated as of June 14, 2023, by and between Pacific Gas and Electric Company and BA2 300 Lakeside LLC (redacted) (incorporated by reference to Pacific Gas and Electric Company’s Form 10-Q for the quarter ended June 30, 2023 (File No. 1-2348), Exhibit 10.6)

Exhibit 10.6 Schedules (or similar attachments) to the exhibits required by this item are not required to be filed provided that they do not contain information material to an investment or voting decision and that information is not otherwise disclosed in the exhibit or the disclosure document. FIRST AMENDMENT TO OFFICE LEASE This FIRST AMENDMENT TO OFFICE LEASE (this “Amendment”) is made and ent

2023 SECOND QUARTER EARNINGS Investing in California’s Prosperity July 27, 2023 2 Forward-Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance,

2023 SECOND QUARTER EARNINGS Investing in California’s Prosperity July 27, 2023 2 Forward-Looking Statements This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2023 and 2024 non-GAAP core earnings), equity needs, rate base growth, capital expenditures, cost reductions, wildfire risk mitigation, and regulatory developments.

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, no par value PCG The New York Stock Exchange Equity Units PCGU The New York Stock Exchange First

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Exact Name of Regist

PG&E CORPORATION 2021 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD – NON-EMPLOYEE DIRECTORS

Exhibit 10.9 PG&E CORPORATION 2021 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD – NON-EMPLOYEE DIRECTORS PG&E CORPORATION, a California corporation, hereby grants Restricted Stock Units to the Recipient named below. The Restricted Stock Units have been granted under the PG&E Corporation 2021 Long-Term Incentive Plan (the “LTIP”). The terms and conditions of the Restricted Stock Units are s

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 27, 2023 (Date of earliest event reported) Commission File Num

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: July 27, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numb

AMENDMENT NO. 9 TO RECEIVABLES FINANCING AGREEMENT

Exhibit 10.3 EXECUTION VERSION AMENDMENT NO. 9 TO RECEIVABLES FINANCING AGREEMENT This AMENDMENT NO. 9 TO RECEIVABLES FINANCING AGREEMENT, dated as of June 9, 2023 (this “Amendment”), among PG&E AR Facility, LLC, a Delaware limited liability company (the “Borrower”), Pacific Gas and Electric Company, a California corporation (“PG&E”), as initial Servicer (in such capacity, the “Servicer”) and as r

PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2023

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AMENDMENT NO. 2 TO TERM LOAN CREDIT AGREEMENT

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AMENDMENT TO OFFICE LEASE

Exhibit 10.7 Certain identified information has been excluded because it is both not material and is the type that the registrant treats as private or confidential. Certain schedules (or similar attachments) to this agreement have been excluded because they do not contain information material to an investment or voting decision and that information is not otherwise disclosed in the exhibit or the

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Exhibit 10.8 PG&E CORPORATION SHORT-TERM INCENTIVE PLAN (As adopted effective January 19, 2022) 1. Purpose Effective as of January 19, 2022 (the “Effective Date”), PG&E Corporation adopted this Short-Term Incentive Plan is to motivate and reward eligible officers and other employees of PG&E Corporation (or its successor) and its Participating Subsidiaries, and other designated participants, with f

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 22, 2023 (Date of earliest event reported)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 22, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numb

Amendment No. 3 to Credit Agreement, dated as of June 22, 2023, among PG&E Corporation, the several banks and other financial institutions or entities party thereto from time to time and JPMorgan Chase Bank, N.A., administrative agent (incorporated by reference to PG&E Corporation’s Form 8-K dated June 22, 2023 (File No. 1-12609), Exhibit 10.1)

Exhibit 10.1 Execution Version AMENDMENT NO. 3 TO CREDIT AGREEMENT This AMENDMENT NO. 3 TO CREDIT AGREEMENT, dated as of June 22, 2023 (this “Amendment”), is entered into by and among PG&E Corporation, a California corporation (the “Borrower”), the Consenting Lenders and JPMORGAN CHASE BANK, N.A. (“JPMCB”) as administrative agent (in such capacity and including any successors in such capacity, the

Amendment No. 3 to Credit Agreement, dated as of June 22, 2023, among Pacific Gas and Electric Company, the several banks and other financial institutions or entities party thereto from time to time and Citibank, N.A., as administrative agent and designated agent (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated June 22, 2023 (File No. 1-2348), Exhibit 10.2)

Exhibit 10.2 Execution Version AMENDMENT NO. 3 TO CREDIT AGREEMENT This AMENDMENT NO. 3 TO CREDIT AGREEMENT, dated as of June 22, 2023 (this “Amendment”), is entered into by and among PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Borrower”), the Consenting Lenders, each Issuing Lender and CITIBANK, N.A. (“CBNA”), as administrative agent (in such capacity and including any succes

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 1, 2023 (Date of earliest event reported) Commission File Numb

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: June 1, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numbe

Twentieth Supplemental Indenture, dated as of June 5, 2023 (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated June 1, 2023 (File No. 1-2348), Exhibit 4.1).**

EX-4.1 Exhibit 4.1 Execution Version TO BE RECORDED AND WHEN RECORDED RETURN TO: Hunton Andrews Kurth LLP 550 South Hope Street, Suite 2000 Los Angeles, CA 90071 Attention: Robert M. Johnson, Esq. TWENTIETH SUPPLEMENTAL INDENTURE Dated as of June 5, 2023 SUPPLEMENT TO INDENTURE OF MORTGAGE Dated as of June 19, 2020 PACIFIC GAS AND ELECTRIC COMPANY ISSUER (MORTGAGOR) AND THE BANK OF NEW YORK MELLON

Underwriting Agreement, dated as of June 1, 2023, by and among Pacific Gas and Electric Company, Barclays Capital Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated June 1, 2023 (File No. 1-2348), Exhibit 1.1)

Exhibit 1.1 Execution Version Pacific Gas and Electric Company $850,000,000 6.100% First Mortgage Bonds due 2029 $1,150,000,000 6.400% First Mortgage Bonds due 2033 $500,000,000 6.750% First Mortgage Bonds due 2053 Underwriting Agreement New York, New York June 1, 2023 Barclays Capital Inc. 745 Seventh Avenue New York, New York 10019 BofA Securities, Inc. One Bryant Park New York, New York 10036 G

Pacific Gas and Electric Company PRICING TERM SHEET $850,000,000 6.100% First Mortgage Bonds due 2029 (the “2029 Mortgage Bonds”) $1,150,000,000 6.400% First Mortgage Bonds due 2033 (the “2033 Mortgage Bonds”) $500,000,000 6.750% First Mortgage Bonds

Issuer Free Writing Prospectus dated June 1, 2023 Filed Pursuant to Rule 433 Registration No.

Calculation of Filing Fee Table (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities

EX-FILING FEES Table of Contents Exhibit 107.1 Calculation of Filing Fee Table 424(b)(2) (Form Type) Pacific Gas and Electric Company (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation or Carry Forward Rule Amount Registered Proposed Maximum Offering Price Per Unit Maximum Aggregate Offering Price Fee Rate

$2,500,000,000 $850,000,000 6.100% First Mortgage Bonds due 2029 $1,150,000,000 6.400% First Mortgage Bonds due 2033 $500,000,000 6.750% First Mortgage Bonds due 2053

424B2 Table of Contents Filed Pursuant to Rule 424(b)(2) Registration No. 333-253630 PROSPECTUS SUPPLEMENT (To Prospectus dated February 26, 2021) $2,500,000,000 $850,000,000 6.100% First Mortgage Bonds due 2029 $1,150,000,000 6.400% First Mortgage Bonds due 2033 $500,000,000 6.750% First Mortgage Bonds due 2053 We are offering $850,000,000 aggregate principal amount of our 6.100% first mortgage b

SUBJECT TO COMPLETION PRELIMINARY PROSPECTUS SUPPLEMENT DATED JUNE 1, 2023

424B5 Table of Contents Filed Pursuant to Rule 424(b)(5) Registration No. 333-253630 This preliminary prospectus supplement and the accompanying prospectus relate to an effective registration statement under the Securities Act of 1933, as amended. The information in this preliminary prospectus supplement is not complete and may be subject to change. This preliminary prospectus supplement and the a

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Financial Statements and Exhibits, Other Events

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 31, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numbe

UNITED STATES

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 24, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numbe

EX-99.1

EXHIBIT 99.1

PCG.PRA / Pacific Gas & Electric Co., 6.00% First Preferred / Newtyn Management, LLC Passive Investment

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3)* PACIFIC GAS and ELECTRIC COMPANY (Name of Issuer) FIRST PREFERRED STOCK, CUMULATIVE, PAR VALUE $25 per share (Title of Class of Securities) 694308206 694308305 694308404 694308503 694308602 694308701 694308800 694308883 (CUSIP Number) May 19, 2023 (Date

Bylaws of PG&E Corporation, Amended and Restated as of May 18, 2023 (incorporated by reference to PG&E Corporation’s Form 8-K dated May 18, 2023 (File No. 1-12609), Exhibit 3.1)

Bylaws of PG&E Corporation (the “Corporation”) Amended and Restated as of May 18, 2023 (“Effective Date”) ARTICLE I SHAREHOLDERS 1.

UNITED STATES

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 18, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numbe

Bylaws of Pacific Gas and Electric Company, Amended and Restated as of May 18, 2023 (incorporated by reference to Pacific Gas and Electric Company’s Form 8-K dated May 18, 2023 (File No. 1-2348), Exhibit 3.2)

Bylaws of Pacific Gas and Electric Company (“the Utility”) Amended and Restated as of May 18, 2023 (“Effective Date”) ARTICLE I SHAREHOLDERS 1.

GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA Reconciliation PG&E Corporation Year EndedDecember 31, (in millions) 2022 2021 PG&E Corporation's Net Income (Loss) on a GAAP basis 1,814 (88) Income tax provision (benefit) (1,338) 836 Other income,

Exhibit 99.1 GAAP Net Income (Loss) to Non-GAAP Adjusted EBITDA Reconciliation PG&E Corporation Year EndedDecember 31, (in millions) 2022 2021 PG&E Corporation's Net Income (Loss) on a GAAP basis 1,814 (88) Income tax provision (benefit) (1,338) 836 Other income, net (394) (457) Interest expense 1,917 1,601 Interest income (162) (20) Reorganization items, net - 11 Operating Income 1,837 1,883 Depr

Regulation FD Disclosure, Financial Statements and Exhibits

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 15, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Numbe

2023 FIRST QUARTER EARNINGS May 4, 2023 ® 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operatin

2023 FIRST QUARTER EARNINGS May 4, 2023 ® 2 This presentation contains statements regarding PG&E Corporation’s and Pacific Gas and Electric Company’s (the “Utility”) future performance, including expectations, objectives, and forecasts about operating results (including 2023 and 2024 non-GAAP core earnings), equity needs, rate base growth, capital expenditures, expense reductions, wildfire risk mitigation, and regulatory developments.

PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2023

Investor Relations Contact: 415.972.7080 | Media Inquiries Contact: 415.973.5930 | www.pgecorp.com May 4, 2023 PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2023 •Recorded GAAP earnings were $0.27 per diluted share for the first quarter of 2023, compared to earnings of $0.22 per diluted share for the same period in 2022. •Non-GAAP core earnings were $0.29 per diluted sh

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 4, 2023 (Date of earliest event reported) Commission File Numbe

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 4, 2023 (Date of earliest event reported) Commission File Number Exact Name of Registrant as specified in its charter State or Other Jurisdiction of Incorporation or Organization IRS Employer Identification Number

Human Resources

EXHIBIT 10.4 Human Resources Executive Recruiting 300 Lakeside Drive Oakland, CA 94612 Certain identified information has been excluded from this exhibit because it is both not material and is the type that the registrant treats as private or confidential. March 15, 2023 Carolyn Burke [****] [****] Dear Carolyn: We are thrilled to extend a contingent offer of employment effective March 15, 2023, f