●  PG&E Corp · FY 2025 

Controls & Procedures

Assurance regarding the integrity of corporate financial data remains high at PG&E Corporation following its latest control assessment. Management has concluded that disclosure controls and procedures were effective as of December 31, 2025, confirming systems are sufficient to ensure timely and accurate reporting for SEC filings. This self-assessment, validated by an external audit, identified no material weaknesses or significant deficiencies in the company's internal controls over financial reporting during the period.

PCG L1 Synthesis
●  SYMBOLOGY.ONLINE l1 SYNTHESIS 

Pg&e Corp Controls & Procedures Synthesis

Summary of Disclosure Controls and Internal Controls over Financial Reporting (ICFR)

Management's Assessment of Control Effectiveness

Management has concluded that PG&E Corporation’s and the Utility’s disclosure controls and procedures were effective as of December 31, 2025. This conclusion confirms that the controls are sufficient to ensure two key outcomes:

  • Information required for SEC filings is recorded, processed, summarized, and reported within specified time periods.
  • Required information is accumulated and communicated timely to management, including principal executive officers and financial officers, allowing for informed disclosure decisions.

Internal Control Status and Deficiencies

Material Weaknesses and Significant Deficiencies

The provided documentation does not identify any material weaknesses or significant deficiencies in the company’s internal controls over financial reporting.

Changes During Reporting Period

There were no changes to internal control over financial reporting during the quarter ended December 31, 2025, that were deemed likely to materially affect PG&E Corporation's or the Utility's ICFR.

Noteworthy Procedures and Remediation Efforts

  • External Audit: The company’s ICFR was audited by Deloitte & Touche LLP as of December 31, 2025, utilizing criteria established in the Internal Control - Integrated Framework (2013).
  • New Controls/Remediation: The provided text does not detail any noteworthy new controls or specific remediation efforts undertaken during this reporting period.

Balanced Assessment

The company demonstrates a strong control environment based on its self-assessment and external validation. Strength: Management explicitly concluded that disclosure controls were effective, providing assurance regarding the timely and accurate processing of required financial information. Furthermore, the independent audit by Deloitte & Touche LLP confirms adherence to established ICFR criteria (COSO 2013). Weakness/Limitation: The current excerpt is highly positive; it does not provide detail on specific control processes or identify any areas for improvement, as no material weaknesses or changes were reported.