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San Diego Gas & Electric Expands Copperleaf to Entire Enterprise

Vancouver, BC, May 30, 2023Copperleaf® Technologies Inc. (TSX:CPLF) (“Copperleaf” or the “Company”) announces the expansion of its decision analytics solution by San Diego Gas & Electric (“SDG&E”), a regulated electrical and natural gas utility that provides clean, safe, and reliable energy to better the lives of the people it serves in San Diego and South Orange counties.

SDG&E began working with Copperleaf in 2020 to support asset investment planning decisions for its electric transmission and distribution businesses. With this expansion, SDG&E will implement Copperleaf Portfolio™ and Copperleaf Value™ across its electrical generation, gas transmission, gas distribution, facilities, and IT businesses. This enterprise-wide initiative will support SDG&E’s capital portfolio decision-making process and help align investment plans with its strategic objectives.

“This expansion is a testament to the partnership developed between SDG&E and Copperleaf over the last few years, and the benefits Copperleaf’s solutions provide to organizations managing critical infrastructure,” said Phil Jones, Copperleaf Managing Director, Americas. “This level of alignment across an enterprise is exactly what our software is designed to do and we look forward to supporting the SDG&E team in continuing to provide sustainable and efficient energy to its customers.”

Forward-Looking Statements
This news release may contain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws in Canada, including, without limitation, statements with respect to our expectations, future plans or opportunities. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as at the date such statements are made, but which are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors described in our 2022 Annual Information Form (“AIF”) under “Risk Factors. Accordingly, readers should not place undue reliance on forward-looking information.

These statements reflect the Company’s current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company’s expectations regarding future events, performance, or results change.

About SDG&E
SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by providing its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region’s infrastructure for generations to come. SDG&E is a subsidiary of Sempra (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@SDGE), Instagram (@SDGE) and Facebook.

About Copperleaf
Copperleaf (TSX:CPLF) provides enterprise decision analytics software solutions to companies managing critical infrastructure. We leverage operational and financial data to empower our clients to make investment decisions that deliver the highest business value. What sets us apart is our commitment to providing extraordinary experiences, shaped by people who care deeply, products that deliver exceptional value, and partnerships that stand the test of time. Copperleaf is a patron of The Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, our solutions are distributed and supported by regional staff and partners worldwide. Together, we are transforming how the world sees value.

For further information, please contact:
Copperleaf Technologies Inc.
Office: +1.604.639.9700
Email: Media Relations