Edison International · NYSE:EIX
Edison International — Corporate Update (July 2026)
48 slides from Edison International's corporate update, Jul 31, 2026
Slide 1: July 30, 2026 Business Update
JULY 30, 2026 BUSINESS UPDATE Exhibit 99.1
Slide 2: Forward-Looking Statements
1Edison International | July 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 are
Slide 3: Electrifying the Future: Customers and Clean Energy
2Edison International | July 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, with
Slide 4: Investment thesis: wires-focused utility enabling clean energy transition
3Edison International | July 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 Constructi
Slide 5: California's regulatory mechanisms provide revenue certainty
4Edison International | July 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 electricit
Slide 6: SCE Wildfire Mitigation: Approach, Progress, and Results
SCE WILDFIRE MITIGATION: APPROACH, PROGRESS, AND RESULTS
Slide 7: Wildfire mitigation resources and useful links
6Edison International | July 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 Insurance Fund AB
Slide 8: SCE's 2026–2028 Wildfire Mitigation Plan
7Edison International | July 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 Additional 7
Slide 9: Preliminary 2029+ wildfire mitigation portfolio
8Edison International | July 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 advance
Slide 10: SCE is seeing proof points and results from wildfire mitigation
9Edison International | July 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 June 30, 2026 2. Refers
Slide 11: SCE has hardened ~90% of High Fire Risk Area distribution system
10Edison International | July 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 (~7,590 miles) Covered Conductor (7,170+ mil
Slide 12: California has a comprehensive wildfire risk reduction profile
11Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy California has a comprehensive wildfire risk reduction profile, benefiting customers and investors Suppression CAL FIRE Budget: Double
Slide 13: SB 254 supports IOU financial stability and affordability
12Edison International | July 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. Referenc
Slide 14: SB 254 study: wildfire problem is systemic
13Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Focuses on targeted, risk-based mitigation and long-term investments to reduce losses in the highest-risk communities Examines options
Slide 15: AB 1054 regulatory construct for wildfire liability and cost recovery
14Edison International | July 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 certification
Slide 16: Wildfire Fund provides liquidity for claims payments
15Edison International | July 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 Account
Slide 17: Example of Wildfire Fund operations and reimbursement
16Edison International | July 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 Insur
Slide 18: California wildfire suppression and prevention investment
17Edison International | July 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 has
Slide 19: Eaton Fire: sources for funding claims resolution
18Edison International | July 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 cla
Slide 20: Electrifying the Future: Customers and Clean Energy
ELECTRIFYING THE FUTURE: CUSTOMERS AND CLEAN ENERGY
Slide 21: Electrification nearly doubles load by 2045
20Edison International | July 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 Ca
Slide 22: SCE's load growth drivers
21Edison International | July 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… …
Slide 23: EV adoption and load growth
22Edison International | July 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 bo
Slide 24: Strongest electrification profile in the industry
23Edison International | July 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; In J
Slide 25: Residential energy share of wallet in lowest-cost U.S. quartile
24Edison International | July 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 202
Slide 26: Electrification household savings by 2045
25Edison International | July 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 benefi
Slide 27: SCE has lowest system average rate among California IOUs
26Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 39.0 32.6 28.2 SDG&E PG&E SCE SCE has lowest system average rate among California IOUs driven by focus on customer affordability Major
Slide 28: SCE rate trend versus local inflation
27Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 10 15 20 25 30 35 2000 '05 '10 '15 '20 '25 2030 2019–2024: SCE’s rate trend outpaced inflation, largely driven by external events1 (po
Slide 29: Composition of Bundled System Revenue Requirement
28Edison International | July 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 transmiss
Slide 30: SCE vs. LADWP average residential bill
29Edison International | July 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% vs.
Slide 31: Financial Information
FINANCIAL INFORMATION EDISON INTERNATIONAL
Slide 32: 2026–2030 Capital Expenditures Plan
31Edison International | July 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 to
Slide 33: Capital plan composition: over 85% distribution grid
32Edison International | July 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 Management T
Slide 34: Projected ~7% rate base growth
33Edison International | July 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 ~7%
Slide 35: 2026 and 2027 Core EPS guidance
34Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Note: See Earnings Per Share Non-GAAP Reconciliations and Use of Non-GAAP Financial Measures in Appendix. All tax-effected information
Slide 36: Drivers of 2026 Core EPS versus 2025 midpoint
35Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 5.84 0.28 0.18 (0.11) (0.07) (0.07) 6.05 Original 2025 Midpoint Rate Base Growth, Net of Lower CPUC ROE Woolsey Interest Benefit 2025
Slide 37: 2028 Core EPS guidance
36Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy 1. Compound annual growth rate (CAGR) based on starting point of $5.84 Note: See Earnings Per Share Non-GAAP Reconciliations and Use o
Slide 38: SCE to recover $11+ billion of historical costs by end of 2027
37Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy By end of 2027, SCE will have recovered $11+ billion of historical costs, enhancing its balance sheet and credit metrics 1. Includes ~
Slide 39: SCE regulatory proceedings timeline
38Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy SCE enters 2026 with substantially greater clarity into outlook following significant regulatory year in 2025 Application 2025 2026 20
Slide 40: Commitment to investment grade credit ratings
39Edison International | July 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. Excludes amortization of securitized bonds and short-term debt. 2027 m
Slide 41: Track record of delivering on Core EPS guidance
40Edison International | July 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 In
Slide 42: 22 consecutive years of dividend growth
41Edison International | July 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 $3.51 2004 2026 7% CAGR Dividends per Share1 1. 2026 dividend annualized based o
Slide 43: 5–7% Core EPS growth with no equity needs
42Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy EIX projects 5–7% Core EPS growth for 2025 to 2030, with no equity needs in financing plan 1. Financing plan is subject to change. Inc
Slide 44: Rate base and EPS growth aligned with safety, reliability, affordability
43Edison International | July 2026 Business Update Financial Information AppendixIntroduction Wildfire Mitigation Electrifying the Future: Customers and Clean Energy Rate base and EPS growth aligned with grid safety, reliability, and customer affordability 1. Compound annual growth rate (CAGR) based
Slide 45: Appendix
APPENDIX EDISON INTERNATIONAL’
Slide 46: 2026–2028 Modeling Considerations
45Edison International | July 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy 2026–2028 Modeling Considerations Variable 2026 2027 2028 SCE Rate Base ($ billions) $50.8 $54.3–54.4 $57.7–58.1 Rate Base Mix (CPUC/FE
Slide 47: Earnings Per Share Non-GAAP Reconciliations
46Edison International | July 2026 Business Update AppendixIntroduction Financial InformationWildfire Mitigation Electrifying the Future: Customers and Clean Energy Low High Basic EIX EPS $5.70 $6.00 Total Non-Core Items1 (0.20) (0.20) Core EIX EPS $5.90 $6.20 1. Non-core items are presented as they
Slide 48: Use of Non-GAAP Financial Measures; IR Contact
47Edison International | July 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 (626)