The following table presents the calculation of Dominion Energy’s basic and diluted EPS:


	Quarter-to-Date						Year-to-Date
Period Ended June 30,	2025			2024			2025			2024
(millions, except EPS)
Net income attributable to Dominion Energy from continuing operations	$	759		$	466		$	1,425		$	751
Preferred stock dividends (see Note 16)		(11	)		(19	)		(22	)		(39	)
Preferred stock deemed dividends (see Note 16)		—			(9	)		—			(9	)
Net income attributable to Dominion Energy from continuing operations - Basic & Diluted		748			438			1,403			703
Net income (loss) attributable to Dominion Energy from discontinued operations - Basic & Diluted	$	1		$	97		$	—		$	215
Average shares of common stock outstanding - Basic		852.9			838.3			852.5			838.0
Net effect of dilutive securities(1)		0.3			—			0.2			—
Average shares of common stock outstanding - Diluted		853.2			838.3			852.7			838.0
EPS from continuing operations - Basic	$	0.88		$	0.52		$	1.65		$	0.84
EPS from discontinued operations - Basic		—			0.12			—			0.26
EPS attributable to Dominion Energy - Basic	$	0.88		$	0.64		$	1.65		$	1.10
EPS from continuing operations - Diluted	$	0.88		$	0.52		$	1.65		$	0.84
EPS from discontinued operations - Diluted		—			0.12			—			0.26
EPS attributable to Dominion Energy - Diluted	$	0.88		$	0.64		$	1.65		$	1.10

(1)

Dilutive securities for 2025 consists of forward sales agreements entered into in the first and second quarter of 2025 and certain forward sales agreements entered into in the fourth quarter of 2024 (applying the treasury stock method). Additionally, certain of the forward sales agreements entered into in the second quarter of 2024 are considered dilutive securities but have an inconsequential impact for the three and six months ended June 30, 2024 (applying the treasury stock method). See Note 16 for additional information.

The forward sales agreements entered into in the third quarter of 2024 and certain of the forward sales agreements entered into in the fourth quarter of 2024 were potentially dilutive securities, but were excluded from the calculation of diluted EPS from continuing operations for the three and six months ended June 30, 2025 as the dilutive stock price threshold was not met. Additionally, certain of the forward sales agreements entered into in the second quarter of 2024 were potentially dilutive securities but were excluded from the calculation of diluted EPS from continuing operations for three and six months ended June 30, 2024 as the dilutive stock price threshold was not met.