PEG · Public Service Enterprise Group Inc

Public Service Enterprise Group (NYSE: PEG) reported the following results for the full year and fourth quarter 2025: PSEG Consolidated (unaudited) Full Year Comparative Results Income Earnings Per Share ($ millions, except per share amounts) FY 2025 FY 2024 FY 2025 FY 2024 Net Income $2,111 $1,772 $4.22 $3.54 Reconciling Items (82) 67 (0.17) 0.14 Non-GAAP Operating Earnings $2,029 $1,839 $4.05 $3.68 Average Shares Outstanding (Diluted) 501 500 PSEG Consolidated (unaudited) Fourth Quarter Comparative Results Income Earnings Per Share ($ millions, except per share amounts) 4Q 2025 4Q 2024 4Q 2025 4Q 2024 Net Income $315 $286 $0.63 $0.57 Reconciling Items 47 135 0.09 0.27 Non-GAAP Operating Earnings $362 $421 $0.72 $0.84 Average Shares Outstanding (Diluted) 501 500 The tables above provide a reconciliation of PSEG's Net Income to non-GAAP Operating Earnings for the full year and fourth quarter. See Attachments 8 and 9 for a complete list of items

The Board of Directors of Public Service Enterprise Group (NYSE: PEG) declared a $0.67 per share quarterly common stock dividend for the first quarter of 2026, payable on or before March 31, 2026, to shareholders of record on March 10, 2026. This action represents an increase of $0.04 per share in the company's quarterly common stock dividend, bringing the 2026 indicative annual rate to $2.68 per share. "The approximately 6% increase in the 2026 indicative annual dividend rate marks our 15 th consecutive annual increase," said Ralph LaRossa, chair, president and chief executive officer of PSEG. "Our success in providing shareholders with consistent and sustainable dividend growth is supported by the company's continued execution in utilizing its strong business mix to deliver predictable earnings and maintaining a solid financial position." All future decisions regarding dividends on the common stock are subject to approval by the Board of Directors. About PSEG Public Service

Public Service Enterprise Group Incorporated (PSEG) will host its fourth quarter and full year 2025 earnings call at 11:00 a.m. ET on Thursday February 26, during which management will discuss fourth quarter and year-end financial results, financial guidance, capital investments, regulatory activities, and other important matters with members of the financial community. The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations website at https://investor.pseg.com . A replay of the audio webcast, along with the accompanying presentation materials, will be available on the Investor News and Events section of PSEG's Investor Relations website by February 27. About PSEG Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company operating New Jersey's largest transmission and distribution utility, serving approximately 2.4 million electric

PSE&G's latest Clean Energy Future-Energy Efficiency (CEF-EE) report demonstrates continued savings for customers across New Jersey. From program implementation beginning in October 2020 through September 2025, nearly 480,000 customers participated in PSE&G's energy efficiency programs. Collectively, that participation is delivering more than $900 million in annual customer savings i . These savings reflect a broad range of energy efficiency offerings designed to help customers use less energy and better manage utility costs. Offerings include energy assessments, appliance and HVAC rebates, lighting solutions, equipment upgrades and energy efficiency products available through the PSE&G Marketplace , giving customers multiple ways to take action based on their needs and preferences. Additional program highlights include: More than 105,000 home energy assessments completed Nearly 350,000 smart thermostats sold via PSE&G Marketplace Approximately 150,000 rebates claimed

Public Service Enterprise Group Incorporated (PSEG) today announced that Geisha J. Williams has been elected to its Board of Directors, effective March 1, 2026. Williams has over 35 years of energy industry experience. She served as chief executive officer and president of PG&E Corporation from March 2017 to January 2019, overseeing one of the largest dual electric and gas utilities in the United States. In that role, she drove the company's overall strategy and operations. Prior to joining PG&E, Williams worked for over two decades at Florida Power and Light where she held a wide variety of positions culminating in her role as vice president, Power Systems–Distribution. "Geisha's record of strategic leadership and operational expertise will be a tremendous asset to our board," said PSEG Chair, President and CEO Ralph LaRossa. "Her deep knowledge of the industry will be invaluable as we continue working to keep energy safe, efficient and affordable for our customers. Geisha