Company: WELPM
Filing Date: 2025-03-27
Form Type: DEF 14C
Source: 0000107815-25-000155
Chunk: 7

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-03-27
Form: DEF 14C
Chunk 7
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 Culver's completion of his service on WEC Energy Group's Board of Directors, having reached retirement age, WEC Energy Group's Board will make adjustments to the membership of the Corporate Governance Committee following WEC Energy Group’s 2025 Annual Meeting of Stockholders.

| Finance                
 Curt S. Culver, Chair* 
 Maria C. Green         
 John D. Lange**        
 Ulice Payne, Jr.       
 Mary Ellen Stanek      |     | •Review and monitor WEC Energy Group’s and its subsidiaries’ current and long-range financial policies and strategies, including each company’s capital structure and dividend policy. 
 •Authorize the issuance of corporate debt within limits set by WEC Energy Group’s Board of Directors.                                                                                  
 •Discuss policies and financial programs with respect to financial risk management.                                                                                                    
 •Approve the consolidated financial plans, including the consolidated capital budget for WEC Energy Group and its subsidiaries.                                                        
 •Review updates from the chair of the Investment Trust Policy Committee regarding the investment performance and operations of employee retirement and benefit plan assets.            
 •The Finance Committee conducted three meetings in 2024.                                                                                                                               |

*In connection with Mr. Culver's completion of his service on WEC Energy Group's Board of Directors, having reached retirement age, WEC Energy Group's Board will make adjustments to the leadership of the Finance Committee following WEC Energy Group’s 2025 Annual Meeting of Stockholders.

**Mr. Lange was elected to WEC Energy Group's Board of Directors effective January 1, 2025 and appointed to the Finance Committee on January 16, 2025.

The WE Board met three times during calendar year 2024. All WE Board members attended 100% of the total number of WE Board meetings during 2024.

| Wisconsin Electric Power Company |     | 4 |     | 2025 Annual Meeting Information Statement |

### DIRECTOR COMPENSATION
All of the Company's current Board members and all director nominees are senior officers of WE and/or WEC Energy Group, and were not separately compensated as directors. Messrs. Hooper and Lauber and Mmes. Kelsey and Liu, are named executive officers of WE, and any compensation received by these individuals for service as named executive officers may be found in the “Summary Compensation Table” on page 26 of this information statement.

### OTHER MATTERS
The WE Board of Directors is not aware of any other matters that may properly come before the Meeting. The WE bylaws set forth the requirements that must be followed