Company: SOJE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000092122-25-000036
Chunk: 118

Company: SOUTHERN CO
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 118
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 or she may contact EQ Shareowner Services at 1-800-554-7626. If you own indirectly through a broker, bank or other nominee, please contact your financial institution.

Q Who is soliciting my proxy and who pays the expense of such solicitations?

A Your proxy is being solicited on behalf of the Board.

We pay the cost of soliciting proxies. We have retained Innisfree M&A Incorporated to assist with the solicitation of proxies for a fee of $25,000, plus additional fees for telephone and other solicitation of proxies or other services, if needed, and reimbursement of out-of-pocket expenses. Our officers or other employees may solicit proxies to have a larger representation at the meeting. None of these officers or other employees will receive any additional compensation for these services. Upon request, we will reimburse brokerage houses and other custodians, nominees and fiduciaries for their reasonable out-of-pocket expenses for forwarding solicitation material to the beneficial owners of the common stock.

#### Southern Company2025 Proxy Statement97
Reconciliation of Non-GAAP Information

In this proxy statement, we show EPS as calculated in accordance with GAAP and adjusted EPS which excludes certain items. Southern Company management uses this non-GAAP measure to evaluate the performance of Southern Company’s ongoing business activities and its annual performance on a basis consistent with the assumptions used in developing applicable performance targets and to compare certain results to prior periods. Southern Company believes this presentation is useful to investors by providing additional information for purposes of evaluating the performance of its business activities. This presentation is not meant to be considered a substitute for financial measures prepared in accordance with GAAP.

| (In millions, except earnings per share)                                           |     | Year Ended December 31, |       | 2024 |     |   |       | 2023 |     |   |       | 2022 |
|:-----------------------------------------------------------------------------------|:----|:------------------------|------:|:-----|:----|:--|------:|:-----|:----|:--|------:|:-----|
| Net Income – GAAP                                                                  |     | $                       | 4,401 |      |     | $ | 3,976 |      |     | $ | 3,524 |      |
| Average Shares Outstanding                                                         |     |                         | 1,096 |      |     |   | 1,092 |      |     |   | 1,075 |      |
| Basic Earnings Per Share                                                           |     |