Company: ATO
Filing Date: 2025-12-19
Form Type: DEF 14A
Source: 0000731802-25-000076
Chunk: 61

Company: ATMOS ENERGY CORP
Filing Date: 2025-12-19
Form: DEF 14A
Chunk 61
---
 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.

DTE Energy Company and PPL Corporation were added to the peer group for fiscal 2025. The value of initial fixed $100 investment based on the peer group used for fiscal years 2021-2024 would be $111.85 for 2021, $107.09 for 2022, $93.15 for 2023, $125.75 for 2024, and $122.41 for 2025.

(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.

#### 58Atmos Energy
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