Company: SOJE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000092122-25-000036
Chunk: 6

Company: SOUTHERN CO
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 6
---
 opportunity to serve Southern Company on your behalf.

| Dr. Janaki Akella      |     | Henry A. Clark III    |     | Shantella E. Cooper  |
| Anthony F. Earley, Jr. |     | James O. Etheredge    |     | David J. Grain       |
| Donald M. James        |     | John D. Johns         |     | Dr. Dale E. Klein    |
| David E. Meador        |     | William G. Smith, Jr. |     | Kristine L. Svinicki |
| Lizanne Thomas         |     |                       |     |                      |

#### 4Southern Company2025 Proxy Statement
Company Performance

#### Our Strategy
We are one of America’s premier energy companies, delivering clean, safe, reliable and affordable energy to our electric and natural gas customers through our state regulated utilities. Our strategy is to maximize long-term value to stockholders through a customer-, community- and relationship-focused business model that is designed to produce sustainable levels of return on energy infrastructure.

#### Our 2024 Performance
Our goal is to deliver long-term value to stockholders with appropriate risk-adjusted total shareholder return (TSR). During 2024, Georgia Power brought Plant Vogtle Unit 4 into commercial operation, we expanded our portfolio of zero-carbon generating facilities, we demonstrated resilience during the devastation of Hurricane Helene and we executed our financial plan. Our commitment to working as One Team and prioritizing our customers, communities and employees brought us recognition as Fortune magazine's No. 1 most-admired electric and gas utility worldwide for social responsibility, financial soundness and long-term investment value.

Delivering Strong Financial Results and Creating Value for Stockholders

4 We reported adjusted EPS at the top end of our guidance range for 2024. Throughout the year, we saw strong residential customer growth and commercial sales, led by existing data center usage. 2024 was our strongest year on record for new residential electric customers. We added 57,000 new residential electric customers as well as 26,000 new customers in our natural gas distribution businesses. These factors, combined with weather impacts throughout the year and continued investment in our state-regulated utilities, allowed us to deliver strong adjusted earnings for the full year.

4 We increased our dividend for the 23rd consecutive year, with a 3.5% dividend yield as of year-end 2024.

4 We effectively executed our capital plan and maintained discipline around our credit metrics.

Earnings