Notes: January 31, 2025 -- PPW Holdings LLC (the “Majority Shareholder”) executed a written consent approving an amendment to the Fourth Restated Articles of Incorporation of PacifiCorp to effectuate a reverse stock split of the shares of 6.00% Serial Preferred Stock and 7.00% Serial Preferred Stock. The Reverse Split Amendment provides for a reverse stock split of the Serial Preferred Stock (“Reverse Stock Split”) at a ratio of one-for-ten thousand, provided that any fractional shares resulting from the reverse stock split will not be issued or outstanding, and instead will be paid out in cash (without interest or deduction) in the amount, as applicable in each case, equal to (i) the number of shares of 6.00% Serial Preferred Stock exchanged and combined into such fractional share multiplied by $155.00, plus any accrued but unpaid dividends from the most recent dividend payment date with respect to the 6.00% Serial Preferred Stock up to, but not including, the effective date of the Reverse Stock Split, or (ii) the number of shares of 7.00% Serial Preferred Stock exchanged and combined into such fractional share multiplied by $180.00, plus any accrued but unpaid dividends from the most recent dividend payment date with respect to the 7.00% Serial Preferred Stock up to, but not including, the effective date of the Reverse Stock Split.