Company: ATO
Filing Date: 2025-12-09
Form Type: PRE 14A
Source: 0000731802-25-000061
Chunk: 61

Company: ATMOS ENERGY CORP
Filing Date: 2025-12-09
Form: PRE 14A
Chunk 61
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 used for this purpose is the Company’s proxy peer group as described in “Competitive Executive Compensation Benchmarking” above, and the companies that comprised such peer group were as follows:

• Alliant Energy Corporation

• Ameren Corporation

• Black Hills Corporation

• CenterPoint Energy, Inc.

• CMS Energy Corporation

• DTE Energy Company

• Evergy, Inc.

• National Fuel Gas Company

• NiSource Inc.

• OGE Energy Corp.

• ONE Gas, Inc.

• PPL Corporation

• Southwest Gas Holdings, Inc.

• Spire Inc.

• WEC Energy Group, Inc.

• Xcel Energy Inc.

(6) Represents the amount of net income reflected in the Company’s audited financial statements for the applicable year.

(7) In accordance with SEC rules, the Company is required to include in the Pay versus Performance table the “most important” financial performance measure (as determined by the Company) used to link compensation actually paid to our NEOs to Company performance for the most recently completed fiscal year. The Company determined EPS, which is a metric included in our incentive program, meets this requirement and therefore, we have included this performance measure in the Pay versus Performance table. EPS is as reflected in the Company’s audited financial statements for the applicable year.

#### 2026 Proxy Statement59
Named Executive Officer Compensation and Related Matters

Description of the Relationship between Compensation Actually Paid to our Named Executive Officers and Company Performance

The graphs below describe the relationship between compensation actually paid to our CEO and other NEOs (as calculated above) and our financial and stock performance for the indicated years.

The following graph compares the compensation actually paid to our CEO and the average of the compensation actually paid to our other NEOs with our EPS.

<div align='center'>Compensation Actually Paid (CAP) versus EPS</div>

| ¢ |     | CAP to CEO |     | ¢ |     | CAP to Other NEOs |     | Diluted EPS |

The following graph compares the compensation actually paid to our CEO, the average of the compensation actually paid to our other NEOs and the Company’s TSR performance. The graph also compares the Company’s TSR performance with the benchmarking peer group’s TSR performance. The Company’s and the benchmarking peer group’s TSR amounts assume that $100 was invested beginning on September 30, 2020, and assumes reinvestment of all dividends.

<div align='center'>Compensation Actually Paid (CAP) versus Company TSR versus Peer Group TSR</div>

| ¢