Full year 2025 net income was $123 million, or $0.71 per share, a substantial improvement from a net loss of $1,426 million, or $11.23 per share, in 2024. Core income from continuing operations (excluding Maui wildfire-related expenses and Pacific Current strategic review expenses) increased to $149 million, or $0.86 per share, in 2025, compared to $124 million, or $0.98 per share, in 2024. Fourth quarter 2025 net income was $40 million, or $0.23 per share, compared to a net loss of $68 million, or $0.40 per share, in the fourth quarter of 2024. Hawaiian Electric's net income for the full year 2025 was $168 million, a significant increase from a net loss of $1,226 million in 2024, primarily due to the $1,875 million loss recorded in 2024 for estimated wildfire liabilities. Regulators approved the utility's enhanced Wildfire Safety Strategy in December 2025, which focuses on deploying new technology, fortifying infrastructure, minimizing fire hazards, and expanding community partnerships. The Public Utilities Commission's (PUC) Wildfire Fund Study was completed in December 2025, representing a positive first step in implementing Hawaii's historic wildfire legislation signed into law in July 2025. The Wildfire Tort Litigation Settlement is nearing final court approval. The utility achieved a 37% Renewable Portfolio Standard (RPS) in 2025, accelerating progress toward the 2030 40% statutory milestone. Typical residential bills remained stable in 2025, and the utility provided $1 million in payment assistance to customers.