The Southern Company (SO) Proxy filing summary

Executive summary

• 2025 marked a transformative year with strong financial results, portfolio strengthening, and innovation advances.

• Focus remained on customer service and community support, aiming to build a future-oriented utility.

• The 2026 Annual Meeting will review 2025 performance and address shareholder questions.

Voting matters and shareholder proposals

• Election of 12 directors, with board recommending a vote FOR each nominee.

• Advisory vote on executive compensation (Say on Pay), with board recommending FOR.

• Ratification of Deloitte & Touche as independent auditor for 2026, board recommending FOR.

• Four management proposals to amend the Restated Certificate of Incorporation: authorize additional common stock, authorize preferred stock issuance, provide for officer exculpation, and miscellaneous modernization amendments, all recommended FOR by the board.

• Three shareholder proposals: independent board chairman, report on data center costs, and report on climate due diligence, all recommended AGAINST by the board.

Board of directors and corporate governance

• Board recommends FOR all director nominees and management proposals, and AGAINST all shareholder proposals.

• Annual meeting will be held virtually, allowing broad shareholder participation.