Company: SOJE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000092122-25-000036
Chunk: 22

Company: SOUTHERN CO
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 22
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 capital, including talent management, development and retention; employee engagement and well-being; Intentional Inclusion initiatives; performance management; and annual pay reviews. 
 4Review the assessment of risk associated with employee compensation policies and practices, particularly performance-based compensation, as they relate to risk management practices and/or risk-taking incentives.                                             
 4Oversee and review annually the Company’s plans for leadership development.                                                                                                                                                                                     
 4Review and discuss with management the CD&A.                                                                                                                                                                                                                    |     |                   |
| The Board has determined that each member of the Compensation and Talent Development Committee is independent as defined by the NYSE corporate governance rules within its listing standards.                                                                                                                                                                                                                                                                                                                                                                                                                        
 The Compensation and Talent Development Committee engaged Pay Governance LLC, a third-party consultant, to provide an independent assessment of the current executive compensation program and any management-recommended changes to that program and to work with management to ensure that the executive compensation program is designed and administered consistent with the Compensation and Talent Development Committee’s requirements.                                                                                                                                                                       
 Pay Governance also advises the Compensation and Talent Development Committee on executive compensation and related corporate governance trends.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
 Pay Governance is engaged directly by the Compensation and Talent Development Committee and does not provide any services to management unless authorized to do so by the Compensation and Talent Development Committee. The Compensation and Talent Development Committee reviewed Pay Governance’s independence and determined that Pay Governance is independent and the engagement did not present any conflicts of interest. Pay Governance also determined that it was independent from management, which was confirmed in a written statement delivered to the Compensation and Talent Development Committee. |     |                 |     |                |     |                                                                                                                                                                                                                                                                  |     |                   |

Finance Committee

| Members                                                                                                                             |     | John D. Johns   |     | Henry A. Clark |     |                                                                                                                                                                            |     | Attendance100%    
 Meetings in 20246 |
|                                                                                                                                     |     | Donald M. James |     | Lizanne Thomas |     |                                                                                                                                                                            |     |                   |
| The Finance Committee’s duties and responsibilities include the following:                                                          |     |                 |     |                |     |                                                                                                                                                                            |     |                   |
| 4Review the Company’s financial matters and recommend actions to the Board such as dividend philosophy and financial plan approval. 
 4Provide input regarding the Company's financial plan and associated financial goals.                                               |     |                 |     |                |     | 4Review the financial strategy of and the strategic deployment of capital by the Company.                                                                                  
 4Provide input to the Compensation and