Edison International (EIX) official guidance

Our five-year plan calls for approximately $38 billion-$41 billion of capital expenditures from 2026 through 2030.

From a balance sheet standpoint, we have no common equity issuance forecast through 2030, and we continue to target a long-term FFO-to-debt ratio of 15%-17%.

As of September 30th, roughly $2 billion-$4 billion of long-term debt matures annually between 2027 and 2030.

Based on strong year-to-date performance and our outlook for the remainder of the year, we are reaffirming our 2026 core EPS guidance range of $5.90 to $6.20.

We are also reaffirming our 2027 and 2028 core EPS guidance ranges and our long-term core EPS growth target of 5%-7% through 2030.

For instance, we estimate that the currently elevated credit spreads could cost customers an incremental $300 million over the life of the bonds we expect SCE will issue in 2027 alone.

The plan supports projected rate-based growth of approximately 7% from 2025 through 2030, which is the primary driver of our long-term earnings growth.

| EIX Basic EPS | $ | 5.70 | $ | 6.00 | $ | 5.66 | $ | 5.96 |

•Reaffirmed 2026 core EPS guidance of $5.90 to $6.20

It ties in the level of spending that we have here, ties in with the $8 billion-$9 billion of CapEx that we have in our 2029 capital forecast that we share with you in the investor deck.

All this will inform SCE's mitigation investments in the next GRC, which will include continued grid hardening with additional covered conductor and targeted undergrounding during the 2029 to 2032 period. SCE's preliminary estimates in the RAMP application for continued hardening are about 450 miles of covered conductor and approximately 190 miles of targeted undergrounding.

You know, we've gone further, right, that extended guidance beyond that rate case to provide some insights on where we think 2029 and 2030 are headed and, you know, committed to guidance that, you know, continues the need for growth, capital investment for our customers, and still don't see a need for equity through that 2030 time period.

All this will inform SCE's mitigation investments in the next GRC, which will include continued grid hardening with additional covered conductor and targeted undergrounding during the 2029 to 2032 period. SCE's preliminary estimates in the RAMP application for continued hardening are about 450 miles of covered conductor and approximately 190 miles of targeted undergrounding.

The second is SCE's AMI 2.0 application, which was filed in March and requests approximately $3.1 billion of capital investment through 2033.

Our capital plan of $38 billion-$41 billion from 2026 through 2030 is driven by essential investments in the grid to meet customer needs and support California's clean energy objectives.

We will continue to finance the business efficiently and remain committed to our 15%-17% FFO to debt framework. We expect to be within this range in the forecast window, and EIX has one of the strongest consolidated FFO to debt ratios projected by S&P.

| EIX Basic EPS | $ | 5.90 | $ | 6.20 | $ | 5.86 | $ | 6.16 |

Additionally, our updated forecast now includes nearly $1.5 billion of capital expenditures through 2030 from SCE's upcoming AMI 2.0 application.

SCE continues to execute its wildfire mitigation plan and its focus on operational excellence to reduce costs for customers. The utility also plans to execute on its $7 billion capital plan for the year to meet customers' needs.

Our core EPS guidance for 2026 is $5.90-$6.20, and for 2027, it is $6.25-$6.65.