Portland General Electric Nominates Robert Hoglund as New Independent Director for 2026

### Portland General Electric Welcomes New Independent Director

Portland General Electric (PGE), a prominent energy provider in Oregon serving approximately 960,000 customers, announces the nomination of Robert Hoglund as an independent director at the upcoming 2026 annual shareholder meeting scheduled for May 1. This strategic appointment reflects PGE's commitment to navigating the evolving energy landscape while ensuring reliable service to its customers. Jim Torgerson, the board chair of PGE, articulates confidence in Hoglund's extensive experience in the utility sector and his robust financial expertise, which promise to be instrumental as the company adapts to market changes.

Hoglund brings over two decades of significant experience from Consolidated Edison, Inc., where he held the position of Senior Vice President and Chief Financial Officer for more than 18 years. His considerable background includes 15 years in investment banking with Citigroup, specializing in utility mergers and acquisitions. This wealth of knowledge positions him well to support PGE in meeting its financial and operational goals. As part of his role on PGE's board, Hoglund will contribute to both the Audit and Risk Committee and the Compensation, Culture, and Talent Committee, ensuring that the company maintains its commitment to effective governance and responsible financial practices.

PGE's dedication to community engagement and sustainability underscores its long-standing relationship with Oregon's residents. Originally established in 1889, the company has consistently prioritized community growth and environmental stewardship. In 2025, PGE garnered recognition as one of the top ten utilities in the Forrester U.S. Customer Experience Index, reflecting its commitment to customer service. Furthermore, the company’s employees collectively volunteered over 18,300 hours for more than 400 nonprofits, illustrating PGE’s strong community involvement. The company continues to invest in its communities, having allocated more than $5 million through its foundation and corporate giving initiatives, aimed at fostering resilience and economic growth throughout the region.

Beyond community engagement, PGE is a leading force in clean energy initiatives and is recognized for establishing the nation’s top voluntary renewable energy program. As the energy market evolves, PGE’s innovative approach to sustainability and emission reduction demonstrates its commitment to addressing climate change while meeting the energy needs of its customers. With the addition of Hoglund to the board, PGE positions itself to leverage his expertise in navigating these challenges and striving for continued excellence in energy delivery and corporate responsibility.

For more comprehensive information about Portland General Electric's initiatives and updates, visit portlandgeneral.com/our-company/news-room.