Atmos Energy Announces Chairman Retirement and Combined Chair/CEO Succession

Executive Summary

On November 3, 2026, Atmos Energy Corporation (NYSE: ATO) was notified by Kim R. Cocklin of his decision to retire from the Board of Directors and his position as Chairman of the Board, effective as of the date of the Company's 2027 annual meeting of shareholders. Following his retirement, President and Chief Executive Officer J. Kevin Akers will assume the role of Chairman of the Board, combining the roles of CEO and Chairman.

Key Event Details

• Retirement Reason: Mr. Cocklin reached the mandatory retirement age under the Company's Corporate Governance Guidelines. He confirmed his decision was not due to any disagreement with the Company regarding operations, policies, or practices.
• Tenure: Mr. Cocklin has served Atmos Energy for over 20 years, previously serving as CEO (2010–2017), Executive Chairman (2017–2020), and Chairman of the Board since December 2020.
• Leadership Structure Changes: Upon the recommendation of the Nominating and Corporate Governance Committee, the Board approved combining the roles of Chairman and CEO. J. Kevin Akers will serve as Chairman and CEO starting at the 2027 Annual Meeting, subject to shareholder re-election.
• Lead Independent Director: Independent director Nancy K. Quinn was selected by the independent board members to continue serving as Lead Director.

Market and Trading Impact

This filing represents an orderly, planned governance transition in accordance with corporate governance age limits. As it involves no contentious disputes and provides a clear succession plan, trading impact is expected to remain low.