Dominion Energy Inc

- Enhancing transparency and stakeholder trust through our Lobbying and Political Contributions Policy and a robust ethics and compliance program.

Dominion Energy's Board of Directors is responsible for the company's overall strategy and oversees the company's operations, including those related to climate and sustainability. The Board's Sustainability and Corporate Responsibility (SCR) Committee oversees the company's policies regarding environmental sustainability and climate. The company's CEO and his leadership team manage strategy and execution. [...] To further enhance our reporting, in 2022 we published a Climate-Related Lobbying and Trade Associations report detailing the guiding principles of Dominion Energy's approach to policy engagement, our climate-related lobbying activities, and associated governance and oversight practices.

## Governance and Oversight

Dominion Energy's Board of Directors is responsible for overseeing the company's overall strategy, operations and policy, including the Environmental, Social and Governance (ESG) matters that serve as a cornerstone of our business strategy. While the full Board retains oversight of climate-related matters, it formed a Sustainability and Corporate Responsibility (SCR) Committee to help discharge certain ESG oversight responsibilities more effectively. The SCR Committee oversees the company's performance as a sustainable organization and responsible corporate citizen, including its strategies, activities and policies regarding environmental sustainability, including climate-related matters.

Effective management of the company's strategy and operations starts with the CEO and the senior leadership team, which consists of six senior officers who report to the CEO. Together, they develop the company's sustainability strategy and initiatives. To assist the CEO and senior leadership team with climate oversight, the company created a Climate Council. The Climate Council, which is composed of the CEO, the CEO's leadership team and operating unit presidents, develops and oversees sustainability strategy and initiatives and reviews the company's sustainability commitments and performance. A Climate Working Group, composed of senior leadership and subject-matter experts, also manages key initiatives at the direction of the Climate Council.

Both the Board of Directors and management are involved in oversight of Dominion Energy's public policy advocacy. The company's advocacy is conducted by its own Government Affairs team and outside lobbyists. Our Lobbying and Political Contributions Policy provides that no employee may register or retain others to lobby on behalf of Dominion Energy without express authorization to undertake lobbying activities by the Senior Vice President of Corporate Affairs and Communications or their designee. That Policy also sets guidelines that govern the decision-making of Corporate Affairs officers in planning lobbying activities, as well as expenditures and engagements. It also establishes the strategies and goals of such activities, which include the promotion of sound and sustainable policies, legislation and regulation. That Policy requires our Corporate Affairs officers to provide regular updates on lobbying activities, expenditures and engagements to the CEO or operating unit presidents.

On an annual basis, Dominion Energy's Senior Vice President of Corporate Affairs and Communications reports to the Board's Audit Committee on the company's political and lobbying activities, expenditures and governing policies, including payments to trade associations and other tax-exempt organizations that may be used for political purposes. The Audit Committee is composed entirely of independent directors.

Dominion Energy's Board of Directors sets the company's strategic direction and oversees all aspects of its operations, including on Environmental, Social, and Governance (ESG) matters. ESG and sustainability form a cornerstone of our business strategy and are therefore a particular focus area for the Board. While the full Board retains oversight of climate-related risks, opportunities, and strategy, it formed a Sustainability and Corporate Responsibility (SCR) Committee to help it discharge certain ESG oversight responsibilities more effectively. The SCR Committee oversees the company's performance as a sustainable organization and responsible corporate citizen, including its strategies, activities, and policies regarding environmental sustainability, including climate-related matters. [...] In addition, the company maintains three other management units that support climate governance: - A Climate Council, composed of the CEO, the CEO's leadership team, and operating unit presidents, which develops and oversees sustainability strategy and initiatives and reviews the company's sustainability commitments and performance (meets quarterly); - A Climate Working Group, composed of senior leadership and subject-matter experts, which manages key initiatives at the direction of the Climate Council (meets monthly); and - A Net Zero Team, composed of a subset of the Climate Working Group plus business-unit advisers, which supports the Climate Council on achieving climate goals and evaluates policy and technology developments in clean energy. [...] We strive to conduct our business transparently, to build public trust, and to form lasting and mutually beneficial relationships by engaging with public officials, regulators, community and business leaders, and environmental and safety agencies and advocates. In addition, we align our lobbying activities and trade-association participation with our core business and our bedrock principles of environmental sustainability, energy reliability, customer affordability, and shareholder value. Our investments in renewable energy, nuclear relicensing, and energy efficiency are disclosed annually in our Sustainability and Corporate Responsibility Report as well as in numerous other publicly available reports. We regularly assess the positions taken by all national trade associations in which we participate to ensure their alignment with our core values. In cases of misalignment, the company constructively engages other association members to work through differences. This approach also applies to coalitions within organizations with like-minded members. In rare cases, the misalignment between an association's official position and our company's values and business interests may be substantial enough to require our company to sever ties with the organization.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]As a company whose operations are subject to extensive regulation throughout its multi-state service territory, Dominion Energy actively participates in political processes at local, state and national levels. Our goal is to contribute to legislative and rule-making activities affecting our business consistent with our corporate values and strategies, and to educate and inform public officials of the practical effects of public policy decisions and objectives they consider. Always, our efforts carefully balance several primary, related goals: to create and preserve long-term shareholder value; to ensure safe, dependable, reliable and affordable energy supplies for our customers; and our corporate commitment to preserve and improve the natural environment.

We strive to conduct our business transparently, build public trust and form lasting and mutually beneficial relationships by engaging with public officials, regulators, community and business leaders, and environmental and safety agencies and advocates. In addition, we align our lobbying activities and trade association participation with our core business and our bedrock principles of environmental sustainability, energy reliability, customer affordability and shareholder value. Our investments in renewable energy, nuclear relicensing, energy efficiency and natural gas, as described in our annual Sustainability and Corporate Responsibility Report, Climate Report and various other publicly available materials, further detail these efforts.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

# 2021 Review

## Climate-Related Lobbying and Trade Associations


*[Image of a glass building reflecting the cityscape with an American flag on top and the Dominion Energy logo in the corner]*