Edison International · NYSE:EIX

Edison International — Corporate Update (October 2026)

47 slides from Edison International's corporate update, Oct 30, 2026

  1. Slide 1: October 29, 2026 Business Update

    OCTOBER 29, 2026 BUSINESS UPDATE Exhibit 99.1

  2. Slide 2: Forward-Looking Statements

    1Edison International | October 2026 Business Update Forward-Looking Statements Statements contained in this presentation about future performance, including, without limitation, operating results, capital expenditures, rate base growth, dividend policy, financial outlook, and other statements that

  3. Slide 3: Electrifying the Future: Customers and Clean Energy

    2Edison International | October 2026 Business Update Wildfire Mitigation Financial Information AppendixIntroduction Electrifying the Future: Customers and Clean Energy Edison International leads the transformation of the electric power industry One of the nation’s largest electric-only utilities, wi

  4. Slide 4: Thesis: Wires-focused utility investing in reliability, resiliency and climate adaptation

    3Edison International | October 2026 Business Update Wildfire Mitigation Financial Information AppendixIntroduction Electrifying the Future: Customers and Clean Energy Thesis: Wires-focused utility investing in reliability, resiliency, and climate adaptation to enable clean energy transition Constru

  5. Slide 5: California's regulatory mechanisms provide revenue certainty

    4Edison International | October 2026 Business Update Wildfire Mitigation Financial Information AppendixIntroduction Electrifying the Future: Customers and Clean Energy California’s regulatory mechanisms provide revenue certainty Revenue Decoupling means earnings aren’t affected by changes in electri

  6. Slide 6: SCE Wildfire Mitigation: Approach, Progress, and Results

    SCE WILDFIRE MITIGATION: APPROACH, PROGRESS, AND RESULTS

  7. Slide 7: Useful links and resources on wildfire mitigation

    6Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SB 254 (2025) & Natural Catastrophe Resiliency Study AB 1054 (2019) & SB 599 (2022) SCE Safety Certification Wildfire Fund AB 1054 a

  8. Slide 8: SCE's 2026-2028 Wildfire Mitigation Plan: layered defense strategy

    7Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE’s 2026–2028 Wildfire Mitigation Plan is a layered defense strategy to safeguard our communities Distribution hardening Additiona

  9. Slide 9: Preliminary 2029+ wildfire mitigation portfolio targets efficiency

    8Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE’s preliminary 2029+ wildfire mitigation portfolio targets efficiency through enhanced risk-based analysis SCE continues to advan

  10. Slide 10: SCE is seeing proof points and results from wildfire mitigation

    9Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE is seeing proof points and results from its substantial wildfire mitigation efforts 1. Since 2018 and as of September 30, 2026 2

  11. Slide 11: SCE has hardened ~90% of High Fire Risk Area distribution system

    10Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE has successfully hardened ~90% of High Fire Risk Area distribution system Underground (7,650+ miles) Covered Conductor (7,230+

  12. Slide 12: Durable wildfire reform is needed

    11Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Durable wildfire reform is needed to protect customer affordability and support continued grid investment Sacramento status1: Durab

  13. Slide 13: SB 254 is a key action supporting IOU financial stability

    12Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SB 254 is a key action that demonstrates support for IOU financial stability and its importance for customer affordability 1. Refer

  14. Slide 14: AB 1054 provides a strong regulatory construct for wildfire liability

    13Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy AB 10541 provides a strong regulatory construct for determining wildfire liability and cost recovery Established safety certificati

  15. Slide 15: Wildfire Fund provides liquidity for claims payments

    14Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Wildfire Fund provides liquidity for claims payments and ceiling on liability to reimburse fund AB 1054 Wildfire Fund (Initial Acco

  16. Slide 16: SCE does not reimburse Fund above annual aggregate insurance of $1 billion

    15Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE does not reimburse Fund for eligible claims above annual aggregate insurance of $1 billionIf authorized 100% recovery1 SCE’s In

  17. Slide 17: California has increased investments in wildfire suppression and prevention

    16Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy $2.0 $2.5 $2.9 $2.5 $2.6 $3.7 $4.1 $4.2 $4.2 $4.7 '17-18 '18-19 '19-20 '20-21 '21-22 '22-23 '23-24 '24-25 '25-26 '26-27 California

  18. Slide 18: Eaton Fire: clear sources for funding claims resolution

    17Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 1 2 3 Eaton Fire: Currently unable to estimate potential losses; SCE has clear sources for funding claims resolution1 1. Refers to

  19. Slide 19: Eaton Fire decision framework

    18Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Eaton Fire decision framework: Fund supports claims; separate processes determine liability, prudence and reimbursement 1. The cost

  20. Slide 20: Eaton Fire standards: prudence versus higher bars

    19Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Eaton Fire standards: Prudence is a reasonableness test; felony liability and willful disregard are fundamentally higher bars What

  21. Slide 21: Electrifying the Future: Customers and Clean Energy

    ELECTRIFYING THE FUTURE: CUSTOMERS AND CLEAN ENERGY

  22. Slide 22: Electrification nearly doubles load by 2045

    21Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Electrification nearly doubles load by 2045, requiring significant grid expansion and underpinning EIX’s net-zero strategy Reaching

  23. Slide 23: SCE's load growth driven by economywide trends

    22Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE’s load growth driven by economywide trends with broad customer and climate benefits SCE’s diverse and durable drivers of demand

  24. Slide 24: Future load growth captures value from EV adoption

    23Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE’s future load growth captures value from EV adoption, helping affordability by providing downward pressure on rates 1. Includes

  25. Slide 25: One of the strongest electrification profiles in the industry

    24Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Edison International has one of the strongest electrification profiles in the industry 1. Source: EPRI analysis of Experian data th

  26. Slide 26: Residential energy share of wallet in lowest-cost U.S. quartile

    25Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE residential total energy share of wallet falls in lowest-cost U.S. quartile, with potential to decline through electrification

  27. Slide 27: Electricity demand projected to nearly double by 2045

    26Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 2026 2045 By 2045, electricity demand is projected to nearly double from 2025, primarily due to electrification Households will ben

  28. Slide 28: SCE has lowest system average rate among California IOUs

    27Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 39.3 32.6 28.0 SDG&E PG&E SCE SCE has lowest system average rate among California IOUs driven by focus on customer affordability Ma

  29. Slide 29: 2019-2024 rate trend outpaced inflation, driven by external events

    28Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 2019–2024: SCE’s rate trend outpaced inflation, largely driven by external events1 (power supply, weather, wildfire) Rate increases

  30. Slide 30: Composition of Bundled System Revenue Requirement

    29Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Composition of Bundled System Revenue Requirement1 6% Transmission Investment in operations and maintenance for high-voltage transm

  31. Slide 31: SCE vs. LADWP: Average Non-CARE Residential Bill

    30Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE delivers on California’s energy goals while managing affordability—despite higher policy-driven cost burdens +38% vs. SCE +37%

  32. Slide 32: Financial Information

    FINANCIAL INFORMATION EDISON INTERNATIONAL

  33. Slide 33: 2026-2030 Capital Expenditures Plan

    32Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 2026–2030 Capital Expenditures Plan1 Five-year capex plan of ~$38–$41 billion to strengthen reliability, resilience, and readiness

  34. Slide 34: Over 85% of capital investments are in the distribution grid

    33Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 22% 22% 14% 12% 11% 10% 6% 3% Load Growth & Electrification Infrastructure Replacement Inspections & Maintenance Wildfire Managemen

  35. Slide 35: Projected ~7% rate base growth

    34Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 40.1 43.2 46.4 49.8 53.8 58.4 7.5 7.6 8.0 8.3 8.8 9.5 $47.6 $50.8 $54.4 $58.1 $62.6 $67.9 2025 2026 2027 2028 2029 2030 Projected ~

  36. Slide 36: EIX 2026-2028 Core EPS Guidance Ranges

    35Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 2026 Guidance 2027 Guidance 2028 Guidance SCE EPS 6.81–7.07 7.20–7.53 7.74–8.04 EIX Parent and Other EPS (0.91)–(0.87) (0.95)–(0.88

  37. Slide 37: SCE entered 2026 with greater clarity following significant regulatory year

    36Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE entered 2026 with substantially greater clarity into outlook following significant regulatory year in 2025 Application 2025 202

  38. Slide 38: Committed to investment grade credit ratings

    37Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX and SCE are committed to investment grade credit ratings 1. Based on S&P’s methodology SCE EIX Moody’s Baa1 Stable Baa2 Stable

  39. Slide 39: Term Loan and Long-term Debt Maturities

    38Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 1,850 1,739 2,859 1,400 600 1,650 1,050 550 600 2,450 3,389 3,909 1,950 2026 2027 2028 2029 2030 Variable-rate long-term debt: $0 S

  40. Slide 40: Track record of delivering on Core EPS guidance

    39Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX has a solid track record of delivering on Core EPS guidance over the last two decades 2025 2024 2023 2022 2021 Exceeded In-line

  41. Slide 41: 22 consecutive years of dividend growth

    40Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX has 22 consecutive years of dividend growth $0.80 $3.51 2004 2026 7% CAGR Dividends per Share1 1. 2026 dividend annualized base

  42. Slide 42: 5-7% Core EPS growth for 2025 to 2030, with no equity needs

    41Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX projects 5–7% Core EPS growth for 2025 to 2030, with no equity needs in financing plan 1. Financing plan is subject to change 2

  43. Slide 43: Rate base and EPS growth aligned with safety, reliability and affordability

    42Edison International | October 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Rate base and EPS growth aligned with grid safety, reliability, and customer affordability 1. Compound annual growth rate (CAGR) ba

  44. Slide 44: Appendix

    APPENDIX EDISON INTERNATIONAL’

  45. Slide 45: 2027-2028 Modeling Considerations

    44Edison International | October 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy 2027–2028 Modeling Considerations Variable 2027 2028 SCE Rate Base ($ billions) $54.3–54.4 $57.7–58.1 Rate Base Mix (CPUC/FERC) 85%

  46. Slide 46: Earnings Per Share Non-GAAP Reconciliations

    45Edison International | October 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy Low High Basic EIX EPS $5.66 $5.96 Total Non-Core Items1 (0.24) (0.24) Core EIX EPS $5.90 $6.20 1. Non-core items are presented as t

  47. Slide 47: Use of Non-GAAP Financial Measures; Investor Relations Contact

    46Edison International | October 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy Use of Non-GAAP Financial Measures EIX Investor Relations Contact Sam Ramraj, Vice President Derek Matsushima, Principal Manager (62

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