Extended Claim Period

Edison International faces a long runway of claim assessment, potential payouts, and associated administrative costs due to the program's ongoing application period through November 30, 2026. This open‑ended claims profile can influence how investors think about balance sheet strength, insurance, use of wildfire funds, and room for future capital investment in the grid. The active compensation program aligns with the narrative focus on wildfire reform and mitigation, but the large claimant base and long application window reinforce the narrative risk that unresolved wildfire events could pressure profitability and cash flows if ultimate costs are high.