Company: SOJE
Filing Date: 2025-03-31
Form Type: PRE 14A
Source: 0000092122-25-000032
Chunk: 49

Company: SOUTHERN CO
Filing Date: 2025-03-31
Form: PRE 14A
Chunk 49
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 across the business units |     | 4The Company’s net income from ongoing business activities divided by average shares outstanding during the year                     
 4EPS target is consistent with our business plan and aligned with the midpoint of our publicly-announced guidance range for the year |
| Business Unit Net Income |     | 4Supports delivery of stockholder value and contributes to the Company’s sound financial policies and stable credit ratings                                    |     | 4Net income                                                                                                                          
 4Targets are consistent with our 2024 business plan                                                                                  |

#### 2024 Operational Performance

#### Operational Goal Achievement for 2024 PPP
The Company’s operational goals reflect our aim to deliver clean, safe, reliable and affordable energy to our customers. These goals also promote our sustainable business model. The following table provides a summary of the operational goals and weights for the Company’s CEO, CFO and COO. The operational goals for the other NEOs are aligned with their specific operating company and are provided later in this section.

| Customer Experience and Satisfaction Goals |     |                                                                                                                                                   |     |                                                                                                             |     |        |     |                                                                                               |     |                                                                |     |      |     |             |
|                                            |     | Goal                                                                                                                                              |     | Target                                                                                                      |     | Weight |     |                                                                                               |     | Performance                                                    |     |      |     | Goal Payout |
|                                            |     | Customer Satisfaction –Continue to deliver strong performance for residential, business and managed account segments                              |     | Achieve median for J.D. Power and Net Promoter Score benchmarks                                             |     | 30%    |     |                                                                                               |     | 4Top quartile for General Business segment                     
 42nd quartile for Residential and Managed Account segments     |     |      |     | 166%        |
|                                            |     | Power Delivery –Continuous focus on transmission and distribution reliability, and the frequency and duration of outages experienced by customers |     | Distribution duration: 115.7 Distribution freq.: 1.078 Transmission duration: 5.9 Transmission freq.: 0.093 |     | 15%    |     |                                                                                               |     | Exceeded targets for transmission and distribution reliability |     |      |     | 177%        |
|                                            |     | Gas Operations –Improve pipeline safety and reliability by reducing damages from excavations and leak response time                               |     | Damage Ratio: < 2.32 Leak Response: 2.0%                                                                    |     |        |