Company: SOJE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000092122-25-000036
Chunk: 123

Company: SOUTHERN CO
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 123
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 opportunities;

4 internal restructuring or other restructuring options that may be pursued;

4 potential business strategies, including acquisitions or dispositions of assets or businesses, which cannot be assured to be completed or beneficial to Southern Company or its subsidiaries;

4 the ability of counterparties of Southern Company and its subsidiaries to make payments as and when due and to perform as required;

4 the ability to obtain new short- and long-term contracts with wholesale customers;

4 the direct or indirect effect on the Southern Company system’s business resulting from cyber intrusion or physical attack and the threat of cyber and physical attacks;

4 global and U.S. economic conditions, including impacts from geopolitical conflicts, recession, inflation, tariffs, interest rate fluctuations and financial market conditions, and the results of financing efforts;

4 access to capital markets and other financing sources;

4 changes in Southern Company’s and any of its subsidiaries’ credit ratings;

4 the ability of Southern Company’s electric utilities to obtain additional generating capacity (or sell excess generating capacity) at competitive prices;

4 catastrophic events such as fires, earthquakes, explosions, floods, tornadoes, hurricanes and other storms, droughts, pandemic health events, political unrest, wars or other similar occurrences;

4 the direct or indirect effects on the Southern Company system’s business resulting from incidents affecting the U.S. electric grid, natural gas pipeline infrastructure or operation of generating or storage resources;

4 impairments of goodwill or long-lived assets; and

4 the effect of accounting pronouncements issued periodically by standard-setting bodies.

Southern Company expressly disclaims any obligation to update any forward-looking information.

#### 100Southern Company2025 Proxy Statement
Appendix A - Definitions of Key Terms

| Term                |     | Definition                                                                                                                                                                                          |
| 2023 GPC IRP Update |     | An update to GPC's 2022 IRP filed with the Georgia Public Service Commission prompted by updated energy projections in Georgia that was submitted by GPC in October 2023 and approved in April 2024 |
| Alabama Power       |     | Alabama Power Company                                                                                                                                                                               |
| Benefits            
 Protection Plan     |     | Amended and Restated Southern Company Change in Control Benefits Protection Plan, effective August 15, 2022                                                                                         |
| CD&A                |     | Compensation Discussion & Analysis                                                                                                                                                                  |
| CEO                 |     | Chief Executive Officer                                                                                                                                                                             |
| CFO                 |     | Chief Financial Officer                                                                                                                                                                             |
| COO                 |     | Chief Operating Officer                                                                                                                                                                             |
| Clawback Policy     |     | Southern Company Clawback Policy, as