Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-04-29

Allete (ALE)

Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$3,720,063
Bethany Owen total, FY2024
20th
CEO pay percentile vs peers
CEO-to-median pay ratio
95.18%
Say-on-pay support, latest vote
Companies that benchmark against ALE
13 companies name ALE as a compensation peer

Each company listed discloses ALE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ALE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Bethany Owen$871,175$0$1,378,138$0$1,329,692$2,322$138,736$3,720,063
Chair, President and CEO
Steven Morris470,5170550,1710474,683080,3141,575,685
Senior Vice President; former CFO
Nicole Johnson423,7950393,8020216,110064,3391,098,046
Vice President; President ALLETE Clean Energy
Joshua Skelton374,0940221,5210260,547055,715911,877
Vice President; Chief Operating Officer - MP
Jeffrey Scissons271,04863,040172,9690158,722054,407720,186
Vice President; CFO and Corporate Treasurer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Bethany Owen$3,720,063
Steven Morris1,575,685
Nicole Johnson1,098,046
Joshua Skelton911,877
Jeffrey Scissons720,186

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jeffrey ScissonsPSU2024-01-253436851,370$40,716
Nicole JohnsonPSU2024-01-251,0394,154150,811
Jeffrey ScissonsRSU2024-09-1919612,519
Bethany OwenPSU2024-01-254,2928,58417,168510,233
Nicole JohnsonRSU2024-01-251,63597,184
Jeffrey ScissonsPSU2024-09-1914729458818,778
Jeffrey ScissonsRSU2024-01-2567440,063
Joshua SkeltonPSU2024-01-255841,1682,33684,808
Steven MorrisPSU2024-01-251,4282,8555,710207,302
Joshua SkeltonPSU2024-01-256901,3802,76082,027
Bethany OwenPSU2024-01-253,6347,26814,536527,729
Jeffrey ScissonsPSU2024-09-1913026052018,780
Bethany OwenRSU2024-01-255,723340,175
Jeffrey ScissonsPSU2024-01-252905801,16042,114
Nicole JohnsonPSU2024-01-251,2272,4534,906145,806
Steven MorrisPSU2024-01-251,6863,3726,744200,432
Steven MorrisRSU2024-01-252,247142,437
Joshua SkeltonRSU2024-01-2592054,685
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jeffrey Scissons$52,582$120,388$069.6%
Nicole Johnson97,184296,617075.3%
Bethany Owen340,1751,037,962075.3%
Joshua Skelton54,685166,835075.3%
Steven Morris142,437407,734074.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Bethany OwenRSU18,843$1,221,026
Steven MorrisPSU9,277601,150
Jeffrey ScissonsPSU2,316150,077
Bethany OwenPSU28,1071,821,334
Nicole JohnsonRSU5,061327,953
Jeffrey ScissonsRSU2,389154,807
Steven MorrisRSU6,217402,862
Nicole JohnsonPSU7,352476,410
Joshua SkeltonRSU3,453223,754
Joshua SkeltonPSU5,267341,302
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive programs are designed to align NEO's interests with the interests of our shareholders and other stakeholders. Our compensation philosophy is based on these fundamental principles: We link compensation to performance. We balance compensation elements. Our compensation is aligned with ALLETE's values. We consider market data relative to our industry peers. The ECHC Committee and the Board exercise independent judgment. We require executive Common Stock ownership.

CEO STI target (% of salary)98%
CEO LTI target (% of salary)
Independent consultantPearl Meyer
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-05-1335,919,4841,455,491365,15195.18%Passed
20232023-05-0942,436,6121,366,4521,860,97392.93%Passed
20222022-05-1038,270,8291,224,7471,698,13592.9%Passed
20212021-05-1137,738,8671,875,191273,75094.61%Passed
20202020-05-1237,951,5241,245,596542,39595.5%Passed
20192019-05-1437,638,1771,158,632511,95495.75%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-05-1395.18%a
20232023-05-0992.93%b
20222022-05-1092.9%c

a. Approved under the standard stated in the filing — “If you abstain from this advisory vote, your abstention will have the same effect as a vote against this proposal.”.

b. Approved under the standard stated in the filing — “If you abstain from this advisory vote, your abstention will have the same effect as a vote against this proposal.”.

c. Approved under the standard stated in the filing — “If you do not instruct your broker to vote your shares as to Item 2 and Item 3, your shares will be considered an abstention and your abstention will have the same effect as a vote against the proposal or proposals as to which you give no instruction.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Susan K. NestegardIndependent · Board Chair · Lead Independent Director · Audit (ex officio) · Executive Compensation and Human Capital (ex officio) · Corporate Governance and Nominating (ex officio)$140,000$110,000$0$0$0$250,000
Madeleine W. LudlowIndependent · Corporate Governance and Nominating (Chair) · Executive Compensation and Human Capital110,000110,000000220,000
George G. GoldfarbIndependent · Audit (Chair)107,000110,000000217,000
Douglas C. NeveIndependent · Audit · Corporate Governance and Nominating105,000110,000000215,000
Charles R. MatthewsIndependent · Audit · Corporate Governance and Nominating105,000110,000000215,000
Barbara A. NickIndependent · Audit · Executive Compensation and Human Capital105,000110,000000215,000
Charlene A. ThomasIndependent · Audit · Executive Compensation and Human Capital105,000110,000000215,000
Robert P. PowersIndependent · Executive Compensation and Human Capital (Chair)102,500110,000000212,500
James J. HoolihanIndependent · Corporate Governance and Nominating95,000110,000000205,000
Bethany M. OwenEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$110,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$974,500
Equity awards (grant-date value)$990,000
All other compensation$0
Total cost of the board$1,964,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2024

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Allete names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Allete.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1NiSource, Inc.2025Lloyd Yates$1,191,667$9,619,864$0$2,261,784$13,197,800
2OGE Energy Corp.2025Sean Trauschke1,239,3725,811,82401,753,48712,032,007
3Alliant Energy Corporation2025Lisa Barton1,136,9375,471,25501,835,5638,999,073
4Portland General Electric Company2025Maria Pope1,205,1114,549,04701,235,0197,583,877
5IDACORP, Inc.2025Lisa Grow1,050,0002,942,30801,785,0017,529,892
6Otter Tail Corporation2025Charles MacFarlane867,5783,149,27601,471,1946,792,688
7Black Hills Corporation2025Linden Evans995,5942,966,68801,294,8865,991,759
8NorthWestern Corporation2025Brian Bird921,2632,700,0220743,4005,016,745
9MDU Resources Group, Inc.2025Nicole Kivisto925,0002,600,31301,169,2004,812,252
10Avista Corporation2025Heather Rosentrater786,8452,653,7430897,7324,773,308
11Hawaiian Electric Industries, Inc.2025Scott W. Seu1,024,9001,721,450004,430,919
12PNM Resources, Inc.2025Joseph Tarry839,4622,275,0110495,0583,903,948
13Allete2024Bethany Owen871,1751,378,13801,329,6923,720,063
14MGE Energy, Inc.2025Jeffrey Keebler795,8331,402,8810865,9203,613,508
15Unitil Corporation2025Thomas Meissner Jr.744,066751,8420662,5913,189,116
16Pinnacle West Capital Corporation2025Robert Smith514,6581,360,231421,6092,708,803

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Allete153.2%PSU 75 · RSU 25Yes — Relative TSRPearl Meyer
Alliant Energy Corporation130%PSU 75 · RSU 25NoPay Governance LLC
Avista Corporation114%PSU 65 · RSU 35NoMeridian Compensation Partners
Black Hills Corporation118.4%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian
Hawaiian Electric Industries, Inc.not disclosedPSU 50 · Cash LTI 50NoFrederic W. Cook & Co., Inc.
IDACORP, Inc.170%PSU 67 · RSU 33Yes — TSRPay Governance
MDU Resources Group, Inc.126.4%PSU 70 · RSU 30Yes — Three-Year rTSRIndependent compensation consultant (nationally-recognized firm; name not disclosed in CD&A)
MGE Energy, Inc.135.3%PSU 50 · RSU 50Yes — Relative Total Shareholder Return (TSR)FW Cook
NiSource, Inc.146%PSU 80 · RSU 20Yes — Three-Year RTSRMeridian Compensation Partners
NorthWestern Corporation80%PSU 70 · RSU 30Yes — TSR relative to peer groupWillis Towers Watson (WTW)
OGE Energy Corp.118%PSU 65 · RSU 35NoMercer
Otter Tail Corporationnot disclosedPSU 75 · RSU 25Yes — Three-Year TSR performance relative to peer groupWTW
Pinnacle West Capital Corporation197.5%PSU 70 · RSU 30Yes — Relative TSRFW Cook
PNM Resources, Inc.50%PSU 70 · RSU 30Yes — Relative TSR GoalPay Governance
Portland General Electric Companynot disclosedPSU 70 · RSU 30Yes — Relative Total Shareholder Return (TSR)FW Cook
Unitil Corporation137%PSU 50 · RSU 50NoWillis Towers

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Bethany OwenDEF 14A2025-03-310000066756-25-000043Section “EXECUTIVE COMPENSATION TABLES” · page 58. As printed: 3,720,063. Filing ↗machine: t44 · r6 · c9 · span 830445–830454
2Section 01, Steven MorrisDEF 14A2025-03-310000066756-25-000043Section “EXECUTIVE COMPENSATION TABLES” · page 58. As printed: 1,575,685. Filing ↗machine: t44 · r15 · c10 · span 841171–841180
3Section 01, Nicole JohnsonDEF 14A2025-03-310000066756-25-000043Section “EXECUTIVE COMPENSATION TABLES” · page 58. As printed: 1,098,046. Filing ↗machine: t44 · r20 · c10 · span 848022–848031
4Section 01, Joshua SkeltonDEF 14A2025-03-310000066756-25-000043Section “EXECUTIVE COMPENSATION TABLES” · page 58. As printed: 911,877. Filing ↗machine: t44 · r26 · c10 · span 855260–855267
5Section 01, Jeffrey ScissonsDEF 14A2025-03-310000066756-25-000043Section “EXECUTIVE COMPENSATION TABLES” · page 58. As printed: 720,186. Filing ↗machine: t44 · r11 · c11 · span 837567–837574
6Section 03, Jeffrey Scissons PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
7Section 03, Nicole Johnson PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
8Section 03, Jeffrey Scissons RSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
9Section 03, Bethany Owen PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r4 · c4 · span 766646–766651
10Section 03, Nicole Johnson RSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t45 · r6 · c2 · span 867667–867673
11Section 03, Jeffrey Scissons PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Jeffrey Scissons RSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
13Section 03, Joshua Skelton PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r8 · c3 · span 773761–773766
14Section 03, Steven Morris PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r6 · c3 · span 770159–770164
15Section 03, Joshua Skelton PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r8 · c4 · span 774020–774025
16Section 03, Bethany Owen PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r4 · c3 · span 766387–766392
17Section 03, Jeffrey Scissons PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
18Section 03, Bethany Owen RSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t45 · r3 · c2 · span 864734–864741
19Section 03, Jeffrey Scissons PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
20Section 03, Nicole Johnson PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r7 · c4 · span 772132–772137
21Section 03, Steven Morris PSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t42 · r6 · c4 · span 770389–770394
22Section 03, Steven Morris RSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t45 · r5 · c2 · span 866710–866717
23Section 03, Joshua Skelton RSUDEF 14A2025-03-310000066756-25-000043Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t45 · r7 · c2 · span 868623–868629
24Section 08, Susan K. NestegardDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t60 · r8 · c5 · span 1266335–1266342
25Section 08, Madeleine W. LudlowDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 220,000. Filing ↗machine: t60 · r6 · c5 · span 1264314–1264321
26Section 08, George G. GoldfarbDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 217,000. Filing ↗machine: t60 · r4 · c5 · span 1262269–1262276
27Section 08, Douglas C. NeveDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 215,000. Filing ↗machine: t60 · r9 · c5 · span 1267352–1267359
28Section 08, Charles R. MatthewsDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 215,000. Filing ↗machine: t60 · r7 · c5 · span 1265325–1265332
29Section 08, Barbara A. NickDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 215,000. Filing ↗machine: t60 · r10 · c5 · span 1268359–1268366
30Section 08, Charlene A. ThomasDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 215,000. Filing ↗machine: t60 · r12 · c5 · span 1270551–1270558
31Section 08, Robert P. PowersDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 212,500. Filing ↗machine: t60 · r11 · c5 · span 1269367–1269374
32Section 08, James J. HoolihanDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 205,000. Filing ↗machine: t60 · r5 · c5 · span 1263303–1263310
33Section 08, Bethany M. OwenDEF 14A2025-03-310000066756-25-000043Section “Director Compensation”. As printed: 0. Filing ↗
34Section 06, 2025 voteForm 8-K2025-05-150000066756-25-000064Item 5.07 · say-on-pay result. As reported: 95.18% (votes for as printed: 35,919,484). Filing ↗
35Section 06, 2023 voteForm 8-K2023-05-120000066756-23-000032Item 5.07 · say-on-pay result. As reported: 92.93% (votes for as printed: 42,436,612). Filing ↗
36Section 06, 2022 voteForm 8-K2022-05-130000066756-22-000032Item 5.07 · say-on-pay result. As reported: 92.9% (votes for as printed: 38,270,829). Filing ↗machine: span 41432–44340
37Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
38Section 09b board cost (computed)ComputedcomputedCash 974,500 + equity 990,000 + all other 0 = 1,964,500, summed across the director compensation table rows.machine: formula: Σ = 1,964,500
39NiSource, Inc., Section 10b CEO totalDEF 14A2026-03-300001140361-26-011851CEO total compensation as printed in NiSource, Inc.'s own proxy. As printed: 13,197,800. Filing ↗machine: t253 · r2 · c22 · span 1412582–1412592
40OGE Energy Corp., Section 10b CEO totalDEF 14A2026-04-010001193125-26-138065CEO total compensation as printed in OGE Energy Corp.'s own proxy. As printed: 12,032,007. Filing ↗machine: span 979637–979647
41Alliant Energy Corporation, Section 10b CEO totalDEF 14A2026-03-310000352541-26-000025CEO total compensation as printed in Alliant Energy Corporation's own proxy. As printed: 8,999,073. Filing ↗machine: r2 · c27 · span 489074–489084
42Portland General Electric Company, Section 10b CEO totalDEF 14A2026-03-130000784977-26-000034CEO total compensation as printed in Portland General Electric Company's own proxy. As printed: 7,583,877. Filing ↗machine: r4 · c27 · span 2638140–2638149
43IDACORP, Inc., Section 10b CEO totalDEF 14A2026-04-020001057877-26-000091CEO total compensation as printed in IDACORP, Inc.'s own proxy. As printed: 7,529,892. Filing ↗machine: t35 · r2 · c9 · span 715958–715967
44Otter Tail Corporation, Section 10b CEO totalDEF 14A2026-03-020001466593-26-000023CEO total compensation as printed in Otter Tail Corporation's own proxy. As printed: 6,792,688. Filing ↗machine: r3 · c24 · span 879904–879913
45Black Hills Corporation, Section 10b CEO totalDEF 14A2026-03-180001193125-26-113958CEO total compensation as printed in Black Hills Corporation's own proxy. As printed: 5,991,759. Filing ↗machine: t83 · r2 · c21 · span 1356271–1356280
46NorthWestern Corporation, Section 10b CEO totalDEF 14A2026-03-120001993004-26-000018CEO total compensation as printed in NorthWestern Corporation's own proxy. As printed: 5,016,745. Filing ↗machine: t153 · r3 · c19 · span 752129–752138
47MDU Resources Group, Inc., Section 10b CEO totalDEF 14A2026-04-010000067716-26-000040CEO total compensation as printed in MDU Resources Group, Inc.'s own proxy. As printed: 4,812,252. Filing ↗machine: r4 · c21 · span 904325–904334
48Avista Corporation, Section 10b CEO totalDEF 14A2026-04-010001193125-26-138034CEO total compensation as printed in Avista Corporation's own proxy. As printed: 4,773,308. Filing ↗machine: span 842223–842232
49Hawaiian Electric Industries, Inc., Section 10b CEO totalDEF 14A2026-04-290001104659-26-051288CEO total compensation as printed in Hawaiian Electric Industries, Inc.'s own proxy. As printed: 4,430,919. Filing ↗machine: t70 · r1 · c12 · span 948353–948362
50PNM Resources, Inc., Section 10b CEO totalDEF 14A2026-04-280001108426-26-000020CEO total compensation as printed in PNM Resources, Inc.'s own proxy. As printed: 3,903,948. Filing ↗machine: t44 · r7 · c16 · span 791496–791505
51Allete (subject), Section 10b CEO totalDEF 14A2025-03-310000066756-25-000043CEO total compensation as printed in Allete's own proxy. As printed: 3,720,063. Filing ↗machine: t44 · r6 · c9 · span 830445–830454
52MGE Energy, Inc., Section 10b CEO totalDEF 14A2026-04-020001161728-26-000005CEO total compensation as printed in MGE Energy, Inc.'s own proxy. As printed: 3,613,508. Filing ↗machine: r4 · c9 · span 1077549–1077558
53Unitil Corporation, Section 10b CEO totalDEF 14A2026-03-270001193125-26-128263CEO total compensation as printed in Unitil Corporation's own proxy. As printed: 3,189,116. Filing ↗machine: t214 · span 819224–819233
54Pinnacle West Capital Corporation, Section 10b CEO totalDEF 14A2026-04-030001628280-26-023516CEO total compensation as printed in Pinnacle West Capital Corporation's own proxy. As printed: 2,708,803. Filing ↗machine: r20 · c24 · span 1860400–1860409
55Section 10a, OGE Energy Corp. reciprocityDEF 14A0001193125-26-138065OGE Energy Corp. names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
56Section 10a, IDACORP, Inc. reciprocityDEF 14A0001057877-26-000091IDACORP, Inc. names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
57Section 10a, MGE Energy, Inc. reciprocityDEF 14A0001161728-26-000005MGE Energy, Inc. names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
58Section 10a, Avista Corporation reciprocityDEF 14A0001193125-26-138034Avista Corporation's most recent proxy was read; its disclosed peer group does not include Allete. Filing ↗
59Section 10a, Pinnacle West Capital Corporation reciprocityDEF 14A0001628280-26-023516Pinnacle West Capital Corporation's most recent proxy was read; its disclosed peer group does not include Allete. Filing ↗
60Section 10a, NorthWestern Corporation reciprocityDEF 14A0001993004-26-000018NorthWestern Corporation names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
61Section 10a, Otter Tail Corporation reciprocityDEF 14A0001466593-26-000023Otter Tail Corporation names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
62Section 10a, Unitil Corporation reciprocityDEF 14A0001193125-26-128263Unitil Corporation names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
63Section 10a, Portland General Electric Company reciprocityDEF 14A0000784977-26-000034Portland General Electric Company names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
64Section 10a, Hawaiian Electric Industries, Inc. reciprocityDEF 14A0001104659-26-051288Hawaiian Electric Industries, Inc. names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
65Section 10a, NiSource, Inc. reciprocityDEF 14A0001140361-26-011851NiSource, Inc.'s most recent proxy was read; its disclosed peer group does not include Allete. Filing ↗
66Section 10a, Alliant Energy Corporation reciprocityDEF 14A0000352541-26-000025Alliant Energy Corporation's most recent proxy was read; its disclosed peer group does not include Allete. Filing ↗
67Section 10a, MDU Resources Group, Inc. reciprocityDEF 14A0000067716-26-000040MDU Resources Group, Inc. names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, Black Hills Corporation reciprocityDEF 14A0001193125-26-113958Black Hills Corporation names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, PNM Resources, Inc. reciprocityDEF 14A0001108426-26-000020PNM Resources, Inc. names Allete in its own disclosed peer group (read from its most recent proxy). Filing ↗