SEMPRA — Form 10-Q

Sempra entered into a Severance Pay Agreement with Elvia Lima Ortiz, VP, Chief Accounting Officer and Controller of Southern California Gas Company, effective July 10, 2026. The agreement provides severance benefits contingent on execution of a general release: pre-Change in Control severance equals 0.5× (base salary + greater of average bonus or target bonus); post-Change in Control severance (within 2 years) equals pro rata bonus plus 1.0× (base salary + greater of target or average bonus). Additional benefits include equity vesting, welfare continuation (6–18 months), outplacement ($50K), and financial planning services ($25K/year). No specific dollar amounts are disclosed for Ortiz's compensation.