Company: SOJE
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000092122-25-000036
Chunk: 55

Company: SOUTHERN CO
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 55
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s have the same GHG emission impacts.

(2) Estimated actual reductions in GHG emissions assume average weather, moderate natural gas prices and trend economic growth. Deviations from average weather, natural gas prices or trend economic growth could result in greater or lesser GHG emissions than estimated.

2024-2026 Performance-Based Restricted Stock Units Award

4 PRSU Threshold : PRSUs are earned only if Southern Company’s cash from operations in 2024 exceeds $3.035 billion, the amount of dividends paid in 2023. If earned, the PRSUs vest one-third each year over a three-year period.

4 The Committee believes that allocating a portion of the LTI program for the NEOs to PRSUs with a one-year performance goal related to our ability to pay regular dividends and a payout period of three years continues to provide alignment with stockholders and enhance retention. Our stockholders have expressed support for the mixture of threshold financial performance and the time-based vesting to bolster retention.

#### 2024-2026 Long-Term Equity Incentive Grants
| Name          |     |     | Target as   
 Percent of  
 Base Salary |     |            |     |   |     |        |     | PSU –    
 Relative 
 TSR(1)   |           |     |        |     | PSU –        
 Consolidated 
 ROE(1)       |           |     |        |     | PSU –  
 GHG(1) |           |     |        |     | PRSU –        
 Cash From     
 Operations(1) |           |     |         |     | Total     
 Long-Term 
 Grant     
 (100%)    |            |
|:--------------|:----|----:|:------------|:----|:-----------|:----|:--|:----|-------:|:----|:---------|----------:|:----|-------:|:----|:-------------|----------:|:----|-------:|:----|:-------|----------:|:----|-------:|:----|:--------------|----------:|:----|--------:|:----|:----------|-----------:|
| Chris Womack  |     | 735 | %           |     |            |     | $ |     |        |     |          | 4,410,000 |     |        |     |              | 2,756,250 |     |        |     |        | 1,102,500 |     |