Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 6, 2021, James M. Welsch, Senior Vice President, Generation and Chief Nuclear Officer of Pacific Gas and Electric Company (the "Utility"), a subsidiary of PG&E Corporation, notified PG&E Corporation and the Utility of his decision to retire effective January 3, 2022.

Mr. Welsch will be entitled to the retirement and pension benefits as disclosed in the companies' most recent joint proxy statement. Mr. Welsch will not receive any severance payments or other severance benefits.

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