Company: WELPM
Filing Date: 2025-03-27
Form Type: DEF 14C
Source: 0000107815-25-000155
Chunk: 53

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-03-27
Form: DEF 14C
Chunk 53
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-Qualified Retirement Savings Plan in the amount of $108,797 for Ms. Liu, $74,053 for Ms. Kelsey, and $7,800 for Mr. Hooper. These payments are in lieu of participation in WEC Energy Group's pension plan;

• “Make-whole” payments under the Executive Deferred Compensation Plan that provides a match at the same level as the WEC Energy Group 401(k) plan (4% for up to 7% of wages) for all deferred salary and bonus not otherwise eligible for a match in the amounts of $157,183 for Mr. Lauber, $72,532 for Ms. Liu, $49,369 for Ms. Kelsey, and $19,420 for Mr. Garvin;

• Retention credit contributed to a nonqualified account in the amount of $330,750 for Mr. Lauber. See "Mr. Lauber's Retention Agreement" on page 32 for a description of this benefit;

• Retirement income supplement contributed to a nonqualified account in the amount of $272,882 for Ms. Liu. See "Ms. Liu's Retirement Income Supplement" on page 33 for a description of this benefit;

• Employer contribution into the Executive Deferred Compensation Plan in the amount of $300,000 for Mr. Hooper. See "Mr. Hooper's EDCP Contribution Agreement" on page 33 for a description of this benefit; and

• Tax reimbursements or “gross-ups” for all applicable perquisites in the amounts of $14,668, $29,558, and $9,739 for Messrs. Lauber, Hooper, and Garvin, respectively. Gross-up amounts for Mr. Hooper relate to relocation benefits, which are available to all employees who use the Company's relocation plan.

| Wisconsin Electric Power Company |     | 27 |     | 2025 Annual Meeting Information Statement |

#### GRANTS OF PLAN-BASED AWARDS FOR FISCAL YEAR 2024
The following table shows additional data regarding incentive plan awards to the NEOs for 2024.

| Name               |     | Grant Date |     | Action Date(1) |     | Estimated Future Payouts 
         Under Non-Equity 
 Incentive Plan Awards(2) |     |           |     |           |     |                Estimated Future Payouts 
                            Under Equity 
                Incentive Plan Awards(3) |     |                           |     |                      |     |