Company: SOJE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000092122-25-000036
Chunk: 84

Company: SOUTHERN CO
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 84
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 Events chart.

### Financial Planning Perquisite
An additional year of the financial planning perquisite, which is set at a maximum of $20,000 per year for the CEO and $15,000 per year for all other NEOs, will be provided after retirement for retirement-eligible NEOs.

There are no other perquisites provided to the NEOs under any of the Traditional Termination or Change-in-Control-Related Events.

#### Severance Benefits
The Severance Plan provides severance benefits, including outplacement services, in the event of CIC Termination. The severance benefits are not paid unless the NEO releases any claims the NEO may have against the employing company.

4 The severance payment for Mr. Womack is three times the sum of base salary and PPP opportunity (either at target or, if greater, paid out based on the average achievement from the three prior fiscal years) and two times that sum for the other NEOs.

4 The estimated cost of providing the six months of outplacement services is $6,000 per NEO.

4 If any portion of the severance amount constitutes an “excess parachute payment” under Section 280G of the tax code and is therefore subject to an excise tax, the severance amount will be reduced by an amount sufficient to avoid the application of the excise tax. Excise tax gross-ups will not be provided on change-in-control severance payments.

The table below estimates the severance payments that would be made to the NEOs if they were terminated as of December 31, 2024 in connection with a change in control.

|               |     | Severance Amount($) |            |
| Chris Womack  |     |                     | 14,620,500 |
| Dan Tucker    |     |                     |  4,041,840 |
| Stan Connally |     |                     |  4,025,425 |
| Kim Greene    |     |                     |  5,065,225 |
| Jim Kerr      |     |                     |  4,229,056 |

#### Equity Compensation Plan Information
The following table provides information as of December 31, 2024 concerning shares of common stock authorized for issuance under the Company’s equity compensation plans. As of December 31, 2024, other than as described below, no equity securities were authorized for issuance under equity compensation plans not approved by stockholders.

| Plan category                                          |     |              |     | Number of securities to  
 be issued upon exercise