Southern Stock Price, News & Analysis

Georgia Power has announced two key leadership appointments to strengthen its corporate responsibility and regional operations. Audrey King has been named senior vice president of Corporate Responsibility and CEO of the Georgia Power Foundation, which supported over 400 organizations in 2024. With 30+ years of experience since 1991, King will lead corporate philanthropy and community engagement initiatives.

Cleve Fann has been appointed senior vice president of Region External Affairs, transitioning from his role in Power Delivery. Fann, who joined in 2000, will oversee regional executives and align strategic planning with customer needs. His leadership of the Grid Investment Program has contributed to high reliability standards across Georgia's communities.

Georgia Power, serving 2.8 million customers across 155 Georgia counties, maintains a diverse energy mix including nuclear, coal, natural gas, and renewables. The company is recognized by J.D. Power for customer satisfaction leadership.

Alabama Power has announced the appointment of Stacey Turner as their new Vice President of Environmental Affairs, effective immediately. In her new role, Turner will oversee environmental compliance, strategy, stewardship programs, and operations.

Turner brings significant environmental law expertise to the position, having previously served as associate general counsel for Environmental Policy and Litigation at Southern Company Services. Her prior experience includes leading a team of lawyers at Georgia Power as their lead environmental lawyer and supporting external affairs. She began her career at Morris, Manning & Martin law firm in Atlanta.

The newly appointed VP holds impressive academic credentials, including:

• Juris Doctor from University of Michigan Law School
• Master's degree from Columbia University's Graduate School of Journalism
• Bachelor's degree in journalism from University of Florida

Southern Company Gas has announced the election of Venessa Harrison, former president of AT&T's Southeast Coastal States, to its board of directors effective April 24, 2025. During her tenure at AT&T, Harrison managed nearly $2 billion in annual network investments, expanding AT&T Georgia's fiber network to over 6.4 million strand miles and achieving nearly 100% wireless coverage across the state.

Harrison led the development of the North Carolina Next Generation Network (NCNGN), which became a template for broadband expansion in other states. She brings expertise in infrastructure expansion, public policy, and innovative customer solutions. Harrison currently serves on several prestigious boards, including the Metro Atlanta Chamber of Commerce and Georgia Chamber of Commerce.

Southern Company (SO) has announced an increase in its dividend by 8 cents per share on an annualized basis to $2.96 per share. This marks the company's 77th consecutive year of maintaining or increasing its dividend payments and the 24th consecutive year of dividend raises.

The company declared a regular quarterly dividend of 74 cents per share, representing a 2-cent increase from the previous quarter. The dividend will be payable on June 6, 2025, to shareholders of record as of May 19, 2025.

CEO Christopher C. Womack highlighted that this decision reflects the company's commitment to providing regular, predictable, and sustainable dividend growth, supported by premier state-regulated utilities and energy infrastructure under long-term contracts.

Georgia Power, serving 2.8 million customers, has received the Emergency Recovery Award from Edison Electric Institute for its exceptional response to Hurricane Helene in 2024. The hurricane, making landfall on September 26, 2024, became the most destructive in the company's 140-year history, affecting over one million Georgians.

The storm's impact included 11,800+ broken power poles, 1,500+ miles of downed power lines, 5,800+ damaged transformers, and 345+ transmission structures requiring repair. A team of 20,000 workers, including crews from New Jersey, California, and Canada, worked to restore power.

Looking ahead, Georgia Power plans to hire approximately 180 lineworkers annually over the next several years, with Power Delivery hiring around 700 positions annually. The company partners with technical colleges offering Electrical Lineworker Apprentice Certification programs, with over 60% of new lineworkers coming from these institutions.

The Georgia Power Foundation has reached a significant milestone, awarding over $2.25 million through 65 grants for workforce development programs across Georgia since 2020. The Foundation's Workforce for Georgia program has impacted over 10,000 students through Career, Technical, and Agricultural Education initiatives.

The program provides up to $50,000 per grant to qualified schools for 12-18 month periods, supporting various educational pathways including biomanufacturing, cybersecurity, engineering, and manufacturing. Twenty-one new programs received funding in the latest round, focusing on developing skills for in-demand careers within local communities.

Georgia Power, a subsidiary of Southern Company (NYSE: SO), serves 2.8 million customers across Georgia, maintaining a diverse generation mix including nuclear, coal, natural gas, and renewables while offering rates below the national average.

Southern Linc, a wireless subsidiary of Southern Company (NYSE: SO), has chosen OneLayer's Bridge platform to enhance management and security of its CriticalLinc™ LTE network. The network, powered by Ericsson's core technology, covers 122,000 square miles and supports various devices for commercial and utility customers.

The Bridge platform provides:

• High-accuracy device fingerprinting
• Device identity correlation across IP and cellular networks
• Real-time detection of hidden devices
• Network threat detection and response
• Policy enforcement and network segmentation capabilities

Southern Linc's network supports electric grid control, monitoring devices, cellular routers, mission-critical push-to-talk services, smartphones, and various sensors. The implementation aims to improve network control and support efficient scaling as demand for network access increases.

Georgia Power, a subsidiary of Southern Company (NYSE: SO) serving 2.8 million customers, has been ranked #1 for business customer satisfaction among Large Utilities in the South by J.D. Power in its 2024 study.

The company has implemented several improvements over the past two years, including:

• Monthly tailored email communications with business-specific energy reduction strategies
• Enhanced website experience at GeorgiaPower.com/Business
• Personalized service through key account managers for large customers

The satisfaction ranking was based on six factors: power quality and reliability, price, billing and payment, corporate citizenship, customer contact, and communications. The company offers various tools and resources for businesses, including the Business Energy Advisor tool for optimizing electric pricing and accessing industry-specific efficiency tips.

Southern Company (SO) has announced it will release its first-quarter 2025 earnings on Thursday, May 1, 2025, at 7:30 a.m. ET. The company will host a conference call at 1 p.m. ET the same day, featuring Chairman, President and CEO Christopher C. Womack and CFO Daniel S. Tucker to discuss the quarterly results with financial analysts.

A live webcast of the conference call will be accessible to investors, media, and the public through the company's investor relations website. The webcast recording will remain available for replay on the site for 12 months.