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Sempra subsidiary SDG&E filed an unopposed offer of settlement in its TO6 proceeding with FERC on March 23, 2026, increasing authorized base return on equity from 10.10% to 10.28% and establishing a 54% equity hypothetical capital structure, subject to FERC approval expected in second half of 2026 and effective retroactive to June 1, 2025. The settlement impact is expected to fall within Sempra’s previously announced 2026 and 2027 EPS guidance ranges.