Company: WELPM
Filing Date: 2025-03-27
Form Type: DEF 14C
Source: 0000107815-25-000155
Chunk: 63

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-03-27
Form: DEF 14C
Chunk 63
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 61,940 |     |                        |       — |     |                         | 424,812 |     |                                              |           |
| Michael W. Hooper  |     | EDCP      |   |     |                                                |         — |     |                                                 | 300,000 |     |                        |  55,520 |     |                         |       — |     |                                              |   355,520 |
| NQRSP              |     |           | — |     |                                                |     7,800 |     |                                                 |       — |     |                        |       — |     |                         |       — |     |                                              |           |
| Robert M. Garvin   |     | EDCP      |   |     |                                                |    39,625 |     |                                                 |  19,420 |     |                        | 173,500 |     |                         |       — |     |                                              | 1,730,858 |

(1) All of the amounts are reported as compensation in the “Summary Compensation Table” of this information statement. The NQRSP contributions were earned in 2024, with the actual contribution being made in 2025.

(2) $131,846, $26,237, $53,671, and $991 of the reported amounts, which represent above-market earnings on compensation that was deferred into the Prime Rate Fund, are reported in the "Summary Compensation Table" of this information statement for Messrs. Lauber and Garvin, and Mmes. Liu and Kelsey, respectively.

(3) $2,927,052, $858,499, $2,541,814, and $713,447 of the reported amounts in the EDCP were reported as compensation in the Summary Compensation Tables in prior information statements for Messrs. Lauber and Garvin, and Mmes. Liu and Kelsey, respectively. Mr. Hooper became a named executive officer in 2024; therefore, no amounts were previously reported in prior proxy statements for him. $275,201 and $362,051 of the reported amounts in the NQRSP were reported as compensation in the Summary Compensation Tables in prior information statements for Mmes. Liu and Kelsey, respectively.

| Wisconsin Electric Power Company |     | 33 |     | 2025 Annual Meeting Information Statement |

#### Executive Deferred Compensation Plan
WEC Energy Group maintains two executive deferred compensation plans in which the NEOs participate: the Legacy WEC Energy Group