Company: SOJE
Filing Date: 2025-03-31
Form Type: PRE 14A
Source: 0000092122-25-000032
Chunk: 38

Company: SOUTHERN CO
Filing Date: 2025-03-31
Form: PRE 14A
Chunk 38
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 |      — |     |          | 290,000 |
| Lizanne Thomas         |     |                                  | 131,667 |     |                   | 170,000 |     |                             |      — |     |          | 301,667 |
| E. Jenner Wood III(5)  |     |                                  |  70,000 |     |                   |  85,000 |     |                             | 25,000 |     |          | 180,000 |

(1) Includes amounts voluntarily deferred in the Director Deferred Compensation Plan.

(2) Represents the grant date fair market value of deferred common stock units.

(3) In connection with their retirements from the Board, the Company made charitable donations in the names of Mr. Moniz and Mr. Wood in 2024 to non-profit organizations of their choice. No non-employee Director of the Company received perquisites in an amount above the reporting threshold.

(4) Ms. Cooper was elected to the Board October 16, 2023 and received compensation for her 2023 service in January 2024.

(5) Mr. Moniz and Mr. Wood retired from the Board on May 22, 2024.

#### 38Southern Company2025 Proxy Statement

#### Governance

#### Director Stock Ownership Guidelines
Under our Corporate Governance Guidelines, non-employee Directors are required to beneficially own, within five years of their initial election to the Board, common stock of the Company equal to at least five times the annual cash retainer. The annual equity grant for non-employee Directors is required to be deferred until Board membership ends. All non-employee Directors either meet the stock ownership guideline or are expected to meet the guideline within the allowed timeframe.

#### Director Deferred Compensation Plan
The annual equity grant to the independent Directors is required to be deferred in shares of common stock. The shares are not distributed until membership on the Board ends. The deferral is made under the Director Deferred Compensation Plan and earns dividends which are reinvested in additional shares of common stock until distribution. Upon leaving the Board, distributions are made in common stock.

In addition, Directors may elect to defer up to 100% of their remaining compensation in the Director Deferred Compensation Plan until membership on the Board ends. Such deferred compensation may be invested as follows, at the Director’s election:

4 in common stock units which earn dividends as if invested in common stock and are distributed in shares of common stock or cash upon leaving the Board; or

4 at the