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pg& e crop 2008 VotingResults
1. PG&E Corporation:
On May 14, 2008, PG&E Corporation held its annual meeting of shareholders. At the meeting, the
shareholders voted as indicated below on the following matters:
1. Election of the following directors to serve until the next annual meeting of shareholders or until their
successors are elected and qualified (included as Item 1 in the proxy statement):
For Against Abstain
David R. Andrews 266,235,373 3,047,596 4,268,100
C. Lee Cox 265,271,261 4,056,555 4,223,253
Peter A. Darbee 265,158,877 4,149,574 4,242,618
Maryellen C. Herringer 265,596,437 3,791,112 4,163,520
Richard A. Meserve 225,354,269 43,960,973 4,235,827
Mary S. Metz 264,611,678 4,769,367 4,170,024
Barbara L. Rambo 266,308,879 2,957,106 4,285,084
Barry Lawson Williams 262,704,969 6,523,337 4,322,763
Each director nominee was elected a director of PG&E Corporation. Each director nominee received a
majority of the shares represented and voting (excluding abstentions) with respect to the nominee’s election,
which shares voting affirmatively also constituted a majority of the required quorum.
2. Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting
firm for the year 2008 (included as Item 2 in the proxy statement):
For: 266,061,878
Against: 3,856,499
Abstain: 3,632,692
This proposal was approved by a majority of the shares represented and voting (excluding abstentions)
with respect to this proposal, which shares voting affirmatively also constituted a majority of the
required quorum.
3. Consideration of a shareholder proposal regarding statement of personal contribution by CEO (included
as Item 3 in the proxy statement):
For: 11,798,255
Against: 218,506,882
Abstain: 5,976,209
Broker non-vote (1): 37,269,723
This shareholder proposal was not approved, as the number of shares voting affirmatively on the
proposal constituted less than a majority of the shares represented and voting (excluding abstentions
and broker non-votes) with respect to the proposal.
4. Consideration of a shareholder proposal regarding shareholder say on executive pay (included as Item 4
in the proxy statement):
For: 121,773,318
Against: 109,174,157
Abstain: 5,333,871
(1)
Broker non-vote : 37,269,723
This shareholder proposal was approved, as the number of shares voting affirmatively on the proposal
constituted more than a majority of the shares represented and voting (excluding abstentions and broker
non-votes) with respect to the proposal, and also constituted a majority of the required quorum.
2. 5. Consideration of a shareholder proposal regarding independent lead director (included as Item 5 in the
proxy statement):
For: 57,261,504
Against: 170,820,904
Abstain: 8,198,938
Broker non-vote (1): 37,269,723
This shareholder proposal was not approved, as the number of shares voting affirmatively on the proposal
constituted less than a majority of the shares represented and voting (excluding abstentions and broker non-
votes) with respect to the proposal.
(1)
A non-vote occurs when brokers or nominees have voted on some of the matters to be acted on
at a meeting, but do not vote on certain other matters because, under the rules of the New York
Stock Exchange, they are not allowed to vote on those other matters without instructions from the
beneficial owner of the shares. Broker non-votes are counted when determining whether the
necessary quorum of shareholders is present or represented at each annual meeting.
Pacific Gas and Electric Company:
On May 14, 2008, Pacific Gas and Electric Company (Utility) held its annual meeting of shareholders.
Shares of capital stock of the Utility consist of shares of common stock and shares of first preferred stock.
As PG&E Corporation and a subsidiary own all of the outstanding shares of common stock, they hold
approximately 96% of the combined voting power of the outstanding capital stock of the Utility. PG&E
Corporation voted all of its shares of common stock for the nominees named in the 2008 joint proxy
statement and for the ratification of the appointment of Deloitte & Touche LLP as independent registered
public accounting firm for the year 2008. The shares of common stock held by the subsidiary were not
voted. The balances of the votes shown below were cast by holders of shares of first preferred stock. At the
annual meeting, the shareholders voted as indicated below on the following matters:
1. Election of the following directors to serve until the next annual meeting of shareholders or until their
successors are elected and qualified (included as Item 1 in the proxy statement):
For Against Abstain
David R. Andrews 272,294,704 197,831 91,240
C. Lee Cox 272,281,529 197,546 104,700
Peter A. Darbee 272,295,625 186,490 101,660
Maryellen C. Herringer 272,288,492 199,871 95,412
Richard A. Meserve 272,240,567 247,147 96,061
Mary S. Metz 272,274,958 214,048 94,769
William T. Morrow 272,296,059 180,903 106,813
Barbara L. Rambo 272,281,908 205,706 96,161
Barry Lawson Williams 272,274,075 204,658 105,042
Each director nominee was elected a director of Pacific Gas and Electric Company. Each director nominee
received a majority of the shares represented and voting (excluding abstentions) with respect to the
nominee’s election, which shares voting affirmatively also constituted a majority of the required quorum.
2. Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting
firm for the year 2008 (included as Item 2 in the proxy statement):
272,357,765
For:
Against: 87,495
Abstain: 138,515
This proposal was approved by a majority of the shares represented and voting (excluding abstentions) with
respect to this proposal, which shares voting affirmatively also constituted a majority of the required
quorum.