The Southern Company (SO) Proxy Filing summary

Executive summary

• 2024 marked a year of strong financial results, operational milestones, and progress in energy portfolio transition and system resilience.

• Commercial operation of Vogtle Unit 4 was achieved, highlighting infrastructure advancement.

• The 2025 Annual Meeting will review 2024 performance and address key governance and shareholder matters.

Voting matters and shareholder proposals

• Stockholders will vote on eight items, including election of 13 directors, say-on-pay, auditor ratification, and a charter amendment.

• Board recommends FOR all management proposals: director election, executive compensation, auditor ratification, and reducing supermajority vote to a majority.

• Four shareholder proposals are up for vote: simple majority vote, disclosure of fossil fuel assumptions, net zero audit, and workforce civil liberties report.

• Board recommends AGAINST all four shareholder proposals.

Board of directors and corporate governance

• Election of 13 directors is proposed, with board support for each nominee.

• Amendment to the Restated Certificate of Incorporation seeks to reduce supermajority vote requirements to a simple majority.