Form PRE 14A PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED For: 3 March

Global financial markets reacted strongly to escalating tensions between the United States and Iran on March 3, 2026, with the dollar surging to a five-week high and gold prices climbing as investors sought safe-haven assets amid fears of wider Middle East conflict. The U.S. dollar strengthened significantly as geopolitical concerns intensified following reports of heightened military posturing between the two nations, while the euro and sterling slipped against the American currency. Precious metals, particularly gold, experienced notable gains as traditional safe-haven assets attracted increased demand from nervous investors concerned about potential disruptions to oil supplies through the strategically important Strait of Hormuz. Market analysts at Pepperstone suggested that while gold initially benefited from the geopolitical tensions, the price surge might be temporary depending on how the situation evolves in the coming days. Meanwhile, stocks like Public Service Enterprise Group Incorporated (PEG) experienced moderate declines, with the utility company's shares falling 1.82% on the day as broader market sentiment remained cautious.