PG&E to Reschedule 2019 Annual Meeting of Shareholders

The Board of Directors of PG&E Corporation (NYSE: PCG) today announced
that the joint 2019 Annual Meeting of Shareholders of the Corporation
and Pacific Gas and Electric Company, previously scheduled for May 21,
2019, will be rescheduled in order to allow additional time following
the Board’s substantial refreshment announced on April 3, 2019. PG&E
anticipates that it will hold its Annual Meeting in June 2019, and
intends to announce the new Annual Meeting date in the coming weeks.

About PG&E Corporation

PG&E Corporation is a holding company headquartered in San Francisco. It
is the parent company of Pacific Gas and Electric Company (the
“Utility”), an energy company that serves 16 million Californians across
a 70,000-square-mile service area in Northern and Central California.
Each of PG&E Corporation and the Utility is a separate entity, with
distinct creditors and claimants, and is subject to separate laws, rules
and regulations. For more information, visit http://www.pgecorp.com.
In this news release, they are together referred to as "PG&E."

Cautionary Statement Concerning Forward-Looking Statements

This news release includes forward-looking statements that are not
historical facts, including statements about the beliefs, expectations,
estimates, future plans and strategies of PG&E Corporation and the
Utility. These statements are based on current expectations and
assumptions, which management believes are reasonable, and on
information currently available to management, but are necessarily
subject to various risks and uncertainties. In addition to the risk that
these assumptions prove to be inaccurate, factors that could cause
actual results to differ materially from those contemplated by the
forward-looking statements include factors disclosed in PG&E
Corporation’s and the Utility’s annual report on Form 10-K for the year
ended December 31, 2018, and their subsequent reports filed with the
Securities and Exchange Commission (the “SEC”). Additional factors
include, but are not limited to, those associated with the Chapter 11
cases of PG&E Corporation and the Utility that commenced on January 29,
2019. PG&E Corporation and the Utility undertake no obligation to
publicly update or revise any forward-looking statements, whether due to
new information, future events or otherwise, except to the extent
required by law.

Additional Information

PG&E Corporation and the Utility intend to file a joint proxy statement
and other documents with the SEC in connection with their solicitation
of proxies for their 2019 Annual Meetings. Investors and security
holders are urged to read any such joint proxy statement (and any
amendments and supplements thereto), the accompanying WHITE proxy card
and other documents that have been or may be filed with the SEC
carefully and in their entirety as they contain or will contain
important information about the 2019 Annual Meetings. Investors and
security holders should read the joint proxy statement carefully before
making any voting or investment decisions. Investors and security
holders may obtain free copies of these and other documents filed with
the SEC by PG&E Corporation and the Utility through the website
maintained by the SEC at http://www.sec.gov.
Copies of the documents filed by PG&E Corporation and the Utility with
the SEC will be available on their website at http://investor.pgecorp.com.

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