Not independent
Tenure on this board
6.7 yrs
12 nominees · 8 ballot items.
The 2026 Atmos Energy proxy solicits votes on eight management-proposed matters: Election of directors; Ratification of appointment of independent public accounting firm; Advisory Say-on-Pay; and amendments to the Articles of Incorporation to increase authorized shares, provide for plurality voting in contested elections, limit officer liability, clarify indemnification provisions, and remove obsolete provisions and make clarifying changes.
The Board is nominating 12 individuals to serve as directors for one-year terms expiring in 2027. The Board recommends voting FOR each nominee.
The Audit Committee has appointed Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2026 and seeks shareholder ratification of this appointment.
Say-on-Pay advisory vote on fiscal 2025 executive compensation; advisory and not binding; the Board continues to link pay to performance.
Increase the number of authorized common shares from 200 million to 400 million to provide flexibility for future equity financings and capital needs.
Provide for plurality voting in contested director elections (over two-thirds vote requirement to approve); aimed at avoiding failed elections.
Limit the liability of certain officers as permitted by Texas and Virginia law (exculpation); rights and limits defined; does not eliminate liability for all misconduct.
Clarify the indemnification and advancement of expenses provisions for directors and officers to align with best practices.
Remove obsolete provisions and make clarifying, technical and conforming changes (Clean-Up Amendments) to align with current Texas and Virginia law; includes cross-references and terminology updates.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | STATE STREET CORP | 6.8% | 11,372,750 | $2.1B |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 6.4% | 10,735,547 | $2.0B |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.6% | 9,285,633 | $1.7B |
| 4 | BlackRock, Inc. | 5.5% | 9,099,667 | $1.7B |
| 5 | WELLINGTON MANAGEMENT GROUP LLP | 4.8% | 8,009,259 | $1.5B |
| 6 | Capital International Investors | 4.4% | 7,326,778 | $1.4B |
| 7 | Aristotle Capital Management, LLC | 2.9% | 4,866,481 | $899M |
| 8 | Capital Research Global Investors | 2.4% | 4,010,550 | $741M |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 2.3% | 3,807,546 | $700M |
| 10 | BlackRock, Inc. | 2.2% | 3,655,027 | $675M |
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