аЯрЁБс>ўџ  ўџџџўџџџ!џџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџ l ЩсСПРт\pThe Free Software Foundation Bфœ=PF0*8X@"Зк1Д Helvetica1ДCourier1Д Courier New1ДМ Courier New1Д Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)рѕџ Р рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР рѕџ єР р Р р+ѕџ јР р)ѕџ јР р,ѕџ јР р*ѕџ јР р ѕџ јР р аˆ ~~Пр иˆ ~~Пр#иˆ ~~Пр иˆ ~~Пр7#мˆ ~~П“€џ“€џ“€џ“€џ“€џ“€џ’т8џџџџџџџџџџџџ€€€€€€€€€РРР€€€™™џ™3fџџЬЬџџffџ€€fЬЬЬџ€џџџџџџ€€€€€џЬџЬџџЬџЬџџ™™Ьџџ™ЬЬ™џџЬ™3fџ3ЬЬ™ЬџЬџ™џfff™–––3f3™f333™3™3f33™ЧЧЧ…&Shareholder Meeting to Be Held …%шShareholder Meeting to Be (1)…%l/Shareholder Meeting to Be (2) l Щ ,-O  dќЉёвMbP?_*+‚€%џРŒ,Сƒ„&Тй­e2й?'Тй­e2й?(Тй­e2й?)Тй­e2й?Ё",D/р?р?ф Shareholder Meeting to Be (1) Shareholder Meeting to Be (2)U } $ } } $ } Њ= ,ссссссссс с с с с ссссссссссссссссссс)!PORTLAND GENERAL ELECTRIC CO /OR/DEFA14A 03/14/201891Shareholder Meeting to Be Held on April 25, 2018.            Meeting Information  PORTLAND GENERAL $ Meeting Type: Annual Meeting  ELECTRIC COMPANY (  For holders as of: March 1, 20182*Date: April 25, 2018 Time: 10:00 AM PDT.&Location: Conference Center AuditoriumTwo World Trade Center25 SW Salmon StreetPortland, OR 97204/'Directions to the meeting are available;3at the Company's website at www.portlandgeneral.com)!PORTLAND GENERAL ELECTRIC COMPANY4,You are receiving this communication because ATTN: CHRISTOPHER LIDDLE3+you hold shares in the company named above.%121 SW SALMON STREET 1WTC0509PORTLAND, OR 972041)This is not a ballot. You cannot use this7/notice to vote these shares. This communication6.presents only an overview of the more complete1)proxy materials that are available to you91on the Internet. You may view the proxy materials-%online at www.proxyvote.com or easilyзD{ lгџРџЊџžџaџUџIџ=џ1џџбўŽў2ўв§x§"§мќ™ќWќ'ќїћ ћ=ћЬњeњ0њбљrљљЛј с!с"с#с$с%с&с'с(с)с*с+с   0 (request a paper copy (see reverse side).!!!1!)We encourage you to access and review all"""."&of the important information contained###-#%in the proxy materials before voting.$$$$%%%5%-See the reverse side of this notice to obtain&&&0&(proxy materials and voting instructions.'($)____________________________1*)Created by Morningstar Document Research.0+(http://documentresearch.morningstar.com/зкмЈџOџљўЄўtўўП§Г§Ї§§=PF0*8X> Ж@х:++**)) l Щ Lv!й)#-  dќЉёвMbP?_*+‚€%џРŒ,Сƒ„&Тй­e2й?'Тй­e2й?(Тй­e2й?)Тй­e2й?Ё",D/р?р?ф!Shareholder Meeting to Be Held  Shareholder Meeting to Be (2)U } $ } ž} $ } ž} Я Lссссссссс с с с с ссссссссссссссссссс)!PORTLAND GENERAL ELECTRIC CO /OR/DEFA14A 03/14/201891Shareholder Meeting to Be Held on April 25, 2018.         - Before You Vote -) !How to Access the Proxy Materials5 -Proxy Materials Available to VIEW or RECEIVE:/'1. NOTICE AND PROXY STATEMENT 2. ANNUALREPORTHow to View Online:/'Have the information that is printed inXXXX XXXX XXXX(located on the%the box marked by the arrow ?5-following page) and visit: www.proxyvote.com.4,How to Request and Receive a PAPER or E-MAIL Copy:5-If you want to receive a paper or e-mail copy1)of these documents, you must request one.1)There is NO charge for requesting a copy.2*Please choose one of the following methodsto make your request: 1) BY INTERNET:www.proxyvote.com2) BY TELEPHONE :1-800-579-16393) BY E-MAIL* :"sendmaterial@proxyvote.com3+* If requesting materials by e-mail, please0(send a blank e-mail with the informationзDхlгџРџЊџžџaџUџIџ=џ1џнўбўВў…ўLўўўш§€§W§§цќеќœќgќ2ќќћлћ–ћSћћ с!с"с#с$с%с&с'с(с)с*с+с,с-с.с/с0с1с2с3с4с5с6с7с8с9с:с;с<с=с>с?с" that is printed in the box!marked by the arrow ?!XXXX XXXX XXXX6!.(located on the following page) in the subject""" "line.2#*Requests, instructions and other inquiries9$1sent to this e-mail address will NOT be forwarded/%'to your investment advisor. Please make4&,the request as instructed above on or before5'-April 11, 2018 to facilitate timely delivery.()*- How To Vote -1+)Please Choose One of the Following Voting,Methods-.1/)Vote In Person: Many shareholder meetings/0'have attendance requirements including,01(but not limited to, the possession of an.2&attendance ticket issued by the entity53-holding the meeting. Please check the meeting.4&materials for any special requirements/5'for meeting attendance. At the Portland06(General Electric Company Annual Meeting,17)you will need to request a ballot to vote8 these shares.92:*Vote By Internet: To vote now by Internet,1;)go to www.proxyvote.com. Use the Internet0<(to transmit your voting instructions and.=&for electronic delivery of information5>-up until 11:59 PM Eastern Time the day before?the meeting date.зDlкџeџ0џњўНўŠўRўў ўўц§Б§ž§’§†§Q§§ъќИќќMќќцћБћ˜ћŒћVћ!ћэњЛњ@сAсBсCсDсEсFсGсHсIсJсKс/@'Have the information that is printed in@XXXX XXXX XXXX@ available and%Athe box marked by the arrow ?ABB Cfollow the instructions.8D0Vote By Mail: You can vote by mail by requesting1E)a paper copy of the materials, which willFinclude a proxy card.GH$I____________________________1J)Created by Morningstar Document Research.0K(http://documentresearch.morningstar.com/змšџeџMџ)џэўИў—ў‹ўўWў=PF0*8X> Ж@хъ=KKJJIIFFEEDDCCAA@@??>>==<<;;::887766554433221100//,,++**''&&%%$$##""!!!!     l Щ %ž<ѓ=  dќЉёвMbP?_*+‚€%џРŒ,Сƒ„&Тй­e2й?'Тй­e2й?(Тй­e2й?)Тй­e2й?Ё",D/р?р?ф!Shareholder Meeting to Be Held  Shareholder Meeting to Be (1)U } $} †} У} $ } $} Њ= %ссссссссс с с с с ссссссссссссссссссс)!PORTLAND GENERAL ELECTRIC CO /OR/DEFA14A 03/14/201891Shareholder Meeting to Be Held on April 25, 2018.        Voting Items   0 (The Board of Directors recommends a vote   $ "FOR" each director nominee: ~ Election of Directors. Nominees:0(The Board of Directors recommends a vote 1a.John W. Ballantine&"FOR" the following proposals: 1b.Rodney L. Brown, Jr.~  /'To ratify the appointment of Deloitte &/'Touche LLP as the Company's independent-%registered public accounting firm for 1c. Jack E. Davisthe fiscal year 2018. 1d.David A. Dietzler 1e.Kirby A. Dyess~ ;3To approve, by a non-binding vote, the compensation 1f. Mark B. Ganz2*of the Company's named executive officers. 1g.Kathryn J. Jackson 1h.Neil J. Nelson~ 0(To approve the Portland General Electric0(Company Stock Incentive Plan, as amended 1i. M. Lee Pelton and restated. 1j. Maria M. Pope 1k.Charles W. ShiveryзD} lгџРџЊџžџaџUџIџ=џ1џщў­ўUў-ў!ў§§С§`§ёќiќњћћ ћФњ6њЕљXљејeјјЈї с!с"с#с$с !$"____________________________1#)Created by Morningstar Document Research.0$(http://documentresearch.morningstar.com/з PєџшџРџ=PF0*8X> Ж@хR $$##""    Root Entryџџџџџџџџ РFўџџџBook џџџџџџџџџџџџ –> ўџџџўџџџ§џџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџ