Atmos Energy (ATO) Proxy Filing summary

Executive summary

• Annual meeting scheduled for February 4, 2026, to be held virtually, with shareholders able to vote online, by phone, or by mail.

• Company reported net income of $1,199 million and EPS of $7.46 for fiscal 2025, marking the 23rd consecutive year of EPS growth.

• Capital expenditures reached $3.6 billion, with 87% invested in safety and reliability improvements.

• Dividend per share increased to $3.48, the 41st consecutive year of dividend growth.

Voting matters and shareholder proposals

• Election of 12 directors for one-year terms.

• Ratification of Ernst & Young LLP as independent auditor for fiscal 2026.

• Advisory vote on executive compensation (Say-on-Pay) for fiscal 2025.

• Amendments to Articles of Incorporation: increase authorized shares, provide for plurality voting in contested elections, limit officer liability, clarify indemnification, and remove obsolete provisions.

Board of directors and corporate governance

• 92% of director nominees are independent; 33% are women; 17% are racially/ethnically diverse.

• Board practices include annual elections, independent lead director, separation of Chairman and CEO, and regular executive sessions.

• Committees: Audit, Human Resources, Nominating and Corporate Governance, Corporate Responsibility/Sustainability/Safety, and Executive Committee.

• Mandatory retirement age for directors; annual board and committee evaluations.