POWERGRAMS

Alabama Power gathered more than 300 leaders at the Birmingham-Jefferson Convention Complex for the 2024 Business Forum, themed "Together Towards Tomorrow." The event was designed to foster collaboration and partnership across the company and beyond. CEO Jeff Peoples and CFO Moses Feagin provided state-of-the-business updates, addressed challenges the company and the Southern Company system face and discussed plans for growth. "We are the best company because you are the best employees," Peoples said. "All that we're doing – it's working because it's important to you. We have a plan, and our company and state are poised well for the future." In his remarks, Peoples spoke about prioritizing affordability for customers. He also discussed the importance of supporting economic development efforts by planning for increased capacity to serve large companies recruited to Alabama. "We are not built to be on the sidelines," Peoples said. "We are built to be leaders. And we are working to help bring industry to the state." Making, moving and selling electricity are the backbone of Alabama Power's business. Leaders from Power Delivery, Generation and Marketing gave updates on how their organizations are innovating and positioning the company to serve customers, now and in the future: Misty Walker, director of Forecasting and Resource Planning for Generation, spoke about the early successes with Plant Barry Unit 8, which was completed on time, under budget and with much of the construction occurring during a pandemic. Barry 8 represents the kind of project that helps meet customer needs today while positioning the company to support growth throughout the state in the coming years. Yvonne Essix, vice president of Transmission Construction & Protection and Control, shared Power Delivery's dedication to developing and maintaining a reliable, smart and secure electrical grid. Essix also referenced the initial success of the first-of-its-kind Connectivity Crew, which Alabama Power supports in partnership with the International Brotherhood of Electrical Workers. The 4,000 miles of fiber installed throughout the system serves customers while helping bridge the digital divide for Alabamians in need of access to high-speed internet. Scott Nix, Marketing director, spoke about the company's efforts to provide customer-focused value, encompassing affordability, reliability, expertise, convenience and safety. He celebrated collaboration around the company in support of customers and shared the company's path to exceeding customer expectations and fostering growth overall. Since early 2023, Alabama Power's Top 10 Priorities have helped established plans to address existing challenges and opportunities, align efforts and position the company for the future. At the business forum, leaders from the individual priority groups shared the results and impact from the past year or more. Many groups cited collaboration across different priority groups, company departments, organizations and external partners, all working together to achieve significant results for the benefit of customers, communities, employees and the company. In that spirit of collaboration, the business forum incorporated remarks from several external speakers. EMPLOYEE EXPERIENCE Jason Davis, vice president of Southeast Division, and Brad Hilsmier, HR manager, discussed their group's efforts to provide meaningful opportunities for employees to reconnect and be reenergized. Thousands of employees gathered throughout the state during business updates, team building or appreciation events and family-focused occasions. At these in-person and virtual events, employees have deepened their connections to each other and the company. INCLUSION Jean Lynch, vice president of Human Resources, joined Chitra Kirpalani, Diversity and Inclusion manager, to share their group's efforts to make Alabama Power a great place to work for all. The company is advancing inclusion through veteran recruitment and support, HBCU investment, LGBTQ networking and other efforts. In response to the 2023 Voice of the Employee survey, they launched a companywide mentoring pilot program, with about 150 employees committing to meet and share professional goals and experiences, thus strengthening knowledge and expertise. STATE AND LOCAL ENGAGEMENT Quentin Riggins, senior vice president of Governmental and Corporate Affairs, along with Shane Kearney, director of Economic and Community Development, discussed key achievements involving extensive internal and external collaboration. They expounded on The Game Plan, Gov. Kay Ivey's package of legislation designed to strengthen the state's economic development incentives and the Working for Alabama package, built to transform the state's workforce and enhance economic competitiveness. REGULATORY ENGAGEMENT Alex McCrary, vice president of Regulatory Affairs, joined Sean Monte, director of Regulatory Policy and Planning, in sharing positive outcomes from their group's efforts. The Reliability Reserve enabled the company to enhance generation, transmission and distribution reliability, and the renewal and expansion of the Renewable Generation Certificate allowed Alabama Power the flexibility to meet demand while maintaining affordability. CUSTOMER ENGAGEMENT Susan Comensky, vice president of Environmental Affairs, and Matt Weekley, then-Strategy and Intelligence manager, shared some successes from this group, which fosters an exceptional customer journey that is technology-driven, efficient and personalized. They announced widespread use of the new Alabama Power customer app and provided updates on several other digital initiatives designed to keep the customer at the center of the business. 2 EXPLORING COMPANY CHALLENGES, PLANS FOR GROWTH BUSINESS FORUM We are the best company because you are the best employees. - PRESIDENT & CEO JEFF PEOPLES 1 Peoples said Alabama Power and the state are poised well for the future. Peoples said Alabama Power and the state are poised well for the future. (Photos by Nik Layman)

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