Cautionary Note Regarding Forward-Looking StatementsNote: Certain information contained in this report is forward-looking information based on current expectations and plansthat involve risks and uncertainties. Forward-looking information includes, among other things, statements concerninggreenhouse gas emission reduction goals, future plant retirement and replacement decisions, and projected renewablesgrowth. Southern Company cautions that there are certain factors that can cause actual results to differ materially fromthe forward-looking information that has been provided. The reader is cautioned not to put undue reliance on thisforward-looking information, which is not a guarantee of future performance and is subject to a number of uncertaintiesand other factors, many of which are outside the control of Southern Company; accordingly, there can be no assurancethat such suggested results will be realized. The following factors, in addition to those discussed in Southern Company’sAnnual Report on Form 10-K for the year ended December 31, 2021, and subsequent securities filings, could cause actualresults to differ materially from management expectations as suggested by such forward-looking information: theimpact of recent and future federal and state regulatory changes, as well as changes in application of existing laws andregulations; the effects, extent, and timing of the entry of additional competition in the markets in which SouthernCompany’s subsidiaries operate, including from the development and deployment of alternative energy sources; variationsin demand for electricity and natural gas; available sources and costs of natural gas and other fuels; the ability to controlcosts and avoid cost and schedule overruns during the development, construction, and operation of facilities or otherprojects, to construct facilities in accordance with the requirements of permits and licenses, to satisfy any environmentalperformance standards and the requirements of tax credits and other incentives, and to integrate facilities into theSouthern Company system upon completion of construction; advances in technology, including the pace and extent ofdevelopment of low- to no-carbon energy technologies and negative carbon concepts; performance of counterpartiesunder ongoing renewable energy partnerships and development agreements; state and federal rate regulations andthe impact of pending and future rate cases and negotiations; the ability to successfully operate the electric utilities’generating, transmission, and distribution facilities, Southern Power’s generation facilities, and Southern Company Gas’natural gas distribution and storage facilities and the successful performance of necessary corporate functions; and theability of Southern Company’s electric utilities to obtain additional generating capacity (or sell excess generating capacity)at competitive prices. Southern Company expressly disclaims any obligation to update any forward-looking information.April 2022southerncompany.com
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