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We've implemented a 911 standard for all faults in high-fire-threat areas. Given the conditions this season and what we've learned from other fires, including the Dixie fire, we've taken additional actions to reduce wildfire risk during periods of no to low wind conditions. My coworker's effort that day reflects the tenacity and the professionalism of our team here at PG&E who come to work every day with one goal in mind: to serve our friends, our families and our neighbors, who also happen to be our customers.

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We followed the steps of our coworker and were surprised by what was required to access the location of that tree on our lines.

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Adam Wright, our Chief Operating Officer, and I went to the fire to ensure that we were providing our full support to our community and our team. We've filed a time line with Judge Alsup if you'd like more details. He called for help and attempted to stop the fire. He noticed a fire at the base of the tree.

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The conductor was still attached to the pole and two fuses were open. After substantial effort, he arrived on scene and found a tree leaning into our lines. When the power plant personnel could not diagnose the problem, a line worker was dispatched to troubleshoot the outage. As we've disclosed, the morning of July 13, the power went out at our Cresta Dam powerhouse. There have been no reported injuries or fatalities, thank goodness. As of this morning, the Dixie fire has burned 221,000 acres and has impacted about 60 structures. Forest Service for the challenging work that they are doing in fighting the fires. I'd like to thank both our crews who are working to make the area safe and CAL FIRE and the U.S. My heart goes out to the impacted communities, our customers and my coworkers who've been affected by this and other fires. The Dixie fire started on July 13 and is now 23% contained. The wildfire season is underway early this year. I have a feeling I know what's on top of mind for you because I know it is for me. We'll take a deeper dive into how we're implementing our PG&E lean operating system across the company with a special focus on our wildfire prevention work, and you'll also get a glimpse into the future opportunities for our company. You'll get to meet the team we've assembled to lead the transformation of PG&E. Before I get started, I want to express how much I'm looking forward to seeing many of you in person on August nine on our Investor Day. Chris will dive into the financials in just a bit. All of this is good for customers and investors. Our investments will provide lasting value to our customers, while our new cost-reduction efforts will keep our customer bills affordable. Our rate base grows 8.5% and our earnings grow 10%. We're reaffirming our 2021 non-GAAP core earnings per share guidance of $0.95 to $1.05, and we're maintaining 2021 equity needs of $0 to $400 million. I'm pleased to report that PG&E delivered non-GAAP core earnings of $0.27 per share in the second quarter. Poppe - Chief Executive Officer | PG&E Corporation We also encourage you to review our quarterly report on Form 10-Q for the quarter ended June 30, 2021. The presentation also includes a reconciliation between non-GAAP and GAAP measures that can be found online along with other information at. Some of the important factors that could affect the company's actual financial results are described on the second page of today's second quarter earnings call presentation. I want to remind you that today's discussion will include forward-looking statements about our outlook for future financial results, which are based on assumptions, forecasts, expectations and information currently available to management. Joining us today are Patti Poppe, our Chief Executive Officer and Chris Foster, Executive Vice President and Chief Financial Officer. Good morning, everyone, and thank you for participating in PG&E's second quarter earnings call.






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