<html><head></head><body><div class="ydpf0fcac9dyahoo-style-wrap" style="font-family: garamond, new york, times, serif; font-size: 16px;"><div dir="ltr" data-setdir="false"> <div><h1 style="text-align:left;padding:0px;margin:0px 0px 20px;"><font size="2" face="Verdana, Arial, Helvetica, sans-serif" color="#000000"><span style="font-weight:normal;">Press release available <a href="http://cert1.mail-west.com/anmc7rmaLyjnY/gtmyuzj/92wtsw7hlj71aL/71aLqvnqaLlnm/gmxscg6wmj/ahfecz" rel="nofollow" target="_blank">here</a>:</span></font></h1><h1 style="text-align:left;padding:0px;margin:0px 0px 20px;"><font size="2" face="Verdana, Arial, Helvetica, sans-serif" color="#000000"><span style="font-weight:normal;"></span></font></h1><h1 style="padding:0px;margin:0px 0px 20px;" align="center"><span style="color:rgb(0,0,0);font-family:Verdana, Arial, Helvetica, sans-serif;font-size:18px;">Governor
Newsom, Oregon Governor Brown, Tribal Leaders and Klamath Dam Owner
Announce Agreement to Advance Historic Salmon Restoration Plan</span></h1><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;text-align:center;"><em><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Partners “all in” for dam removal</span></em></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;text-align:center;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">SACRAMENTO – </span><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">California
Governor Gavin Newsom today joined with Oregon Governor Kate Brown,
leaders of the Yurok and Karuk Tribes and Berkshire Hathaway-owned
PacifiCorp in <a href="http://cert1.mail-west.com/yoD/7rmbQ/jbQgtmyuzjanmc/scg6wmj71bQor/Qahfgmx/2bjbj" style="vertical-align:top;" rel="nofollow" target="_blank">announcing</a> an
agreement to provide additional resources and support to advance the
most ambitious salmon restoration effort in history. The project, when
completed, will address declines in fish populations, improve river
health and renew Tribal communities and cultures.</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">The <a href="http://cert1.mail-west.com/m8Uy8H/8Ugtmyuzjanmc7r/g6wmj718Uorj/Uahfgmxsc/38hmc" style="vertical-align:top;" rel="nofollow" target="_blank">Memorandum of Agreement</a> signed
by the states of California and Oregon, the Yurok Tribe, the Karuk
Tribe, PacifiCorp and the Klamath River Renewal Corporation (KRRC)
describes how the parties will implement the amended Klamath
Hydroelectric Settlement Agreement (KHSA) as negotiated and signed in
2016. The KHSA sets the terms for the removal of four Klamath River
dams.</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">“The
Klamath River is a centerpiece of tribal community, culture and
sustenance and a national ecological treasure,” Governor Newsom said.
“With this agreement, we are closer than ever to restoring access to 400
miles of salmon habitat which will be a boon to the local economy. I am
grateful for the partnership between California and Oregon, the Yurok
and Karuk Tribes and Berkshire Hathaway that proves when we work
together, we can build a better, more inclusive future for all.”</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">With the Memorandum of Agreement, the parties:</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><ul style="margin:3px 0px 0px 30px;padding:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><li style="margin:0px;padding:0px 0px 3px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Jointly
ask the Federal Energy Regulatory Commission (FERC) to remove
PacifiCorp from the license for the project and add California, Oregon
and KRRC as co-licensees for carrying out dam removal. Adding the states
as co-licensees provides assurances that the project will have
sufficient financial backing while honoring settlement terms that
stipulate PacifiCorp would not be a co-licensee for removal.</span></li><li style="margin:0px;padding:0px 0px 3px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Demonstrate their firm commitment to dam removal.</span></li><li style="margin:0px;padding:0px 0px 3px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Agree
to nearly double available contingency funds held by KRRC and
contractors and, in the unlikely event that additional funds are needed
beyond that, Oregon, California and PacifiCorp will share the costs
equally to address FERC’s requirement to ensure full funding for the
project.</span></li><li style="margin:0px;padding:0px 0px 3px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Confirm that the KRRC will remain the dam removal entity for the project.</span></li><li style="margin:0px;padding:0px 0px 3px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Plan
to navigate the final regulatory approvals necessary to allow the
project to begin in 2022 with dam removal in 2023. Site remediation and
restoration will continue beyond 2023.</span></li><li style="margin:0px;padding:0px 0px 3px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Retain the liability protections for PacifiCorp’s customers established in the KHSA.</span></li></ul><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Taken
together, these provisions are intended to resolve FERC’s concerns
raised in a July 2020 order and ensure a successful dam removal project.</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">“This
is an incredibly important step forward on the path towards restorative
justice for the people of the Klamath Basin, and towards restoring
health to the river as well as everyone and everything that depends on
it,” Oregon Governor Kate Brown said. “From time immemorial, the
stewardship of the indigenous peoples of the Klamath basin have nurtured
the lands, waters, fish and wildlife of this region. In Oregon, the
Klamath tribes remember a time when their livelihoods were supported by
clean, healthy, and vibrant waters. It is that vision, that promise,
that we are working towards restoring for the generations to come.”</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">“I
want to thank Governor Newsom and Governor Brown for their leadership
in bringing everyone together to collaborate and solve a very complex
challenge,” Berkshire Hathaway Chairman Warren Buffett said. “I
recognize the importance of Klamath dam removal and river restoration
for tribal people in the Klamath Basin. We appreciate and respect our
tribal partners for their collaboration in forging an agreement that
delivers an exceptional outcome for the river, as well as future
generations. Working together from this historic moment, we can complete
the project and remove these dams.”</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">“As
Yurok tribal people, it is our sacred duty to bring balance to the
Klamath River,” Yurok Tribe Chair Joseph James said. “At its heart, dam
removal is about healing and restoration for the river, for the salmon,
and for our people. We have never wavered from this obligation and we
are pleased to see dam removal come closer to reality through this
agreement. Reaching this important milestone would not be possible
without the many tribal people who have dedicated their lives to
restoring the river. We want to thank Berkshire Hathaway, PacifiCorp,
California, Oregon, and the Karuk Tribe. Although we are excited to be
moving forward again, we want to emphasize that the Yurok Tribe will
never rest until the dams are out and the river is healed. From the
families on the Klamath we want to thank the Buffett family for their
support and leadership.”</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">“We
deeply appreciate the efforts of Governors Newsom and Brown, the Yurok
Tribe and the leadership of Berkshire Hathaway to forge a path forward
on dam removal,” Karuk Tribe Chair Russell “Buster” Attebery said. “We
are more confident than ever that future generations of Karuk will enjoy
the benefits of a healthy Klamath River just as their ancestors did
dating back to the beginning of time. Most importantly, this moment is a
testament to years of devotion and hard work by the community of
activists representing all Tribes on the river who have never tired of
demanding justice for their communities.”</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">“We
are deeply grateful to the parties who negotiated a path forward for
this epic project to restore the Klamath River,” KRRC Chief Executive
Officer Mark Bransom said. “As has been the case numerous times in the
past, the signatories to the KHSA have tackled obstacles head on and
found creative solutions to daunting problems. But we particularly
recognize the personal involvement of Governor Newsom, Governor Brown
and Berkshire Hathaway leadership who stepped in to ensure that dam
removal proceeds. Once all the necessary approvals are obtained it will
be full speed ahead in removing the Klamath dams and allowing salmon to
access habitat that has been cut off for a century.”</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;"><b><span style="text-decoration-line:underline;">Next Steps</span></b></span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Implementation
of the amended KHSA requires two approvals by FERC. First, FERC must
approve the transfer of the license for the dams from PacifiCorp to the
KRRC and the states. Second, FERC must approve the dam removal plan.</span></p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"> </p><p style="padding-bottom:0px;padding-top:0px;margin:0px;color:rgb(0,0,0);font-family:New serif;font-size:14px;"><span style="font-family:Verdana, Arial, Helvetica, sans-serif;">Read the full Memorandum of Agreement <a href="http://cert1.mail-west.com/TyoG/gtmyuzjanmc7rmb/TorjbT/71b/bTahfgmxscg6wmj/4zpb" style="vertical-align:top;" rel="nofollow" target="_blank">here</a>.</span></p></div><div><br></div></div></div></body></html>