The company said it set the target incentive for Chair, President and Chief Executive Officer at 130% of base salary under the 2024 Annual Incentive Plan, and 90% for its other named executive officers (NEOs). Potential funding ranges from 0% to 200% of the target funding.

1. 01

   The company said it set the target incentive for Chair, President and Chief Executive Officer at 130% of base salary under the 2024 Annual Incentive Plan, and 90% for its other named executive officers (NEOs). Potential funding ranges from 0% to 200% of the target funding.

2. 02

   Dominion Energy said the NEO Long-Term Incentive Program for 2024, excluding the CEO, consists of a restricted stock grant of 30% and a performance grant of 70%. The 2023 program consisted of a restricted stock grant of 40% and a cash performance grant of 60%.

3. 03

   The company said it set the relative TSR weighting for performance grants at 50% and the non-carbon emitting generation capacity percentage weighting at 10%. The CEO's Program compensation is 100% performance-based, and an at-target payout requires relative TSR at the 65th percentile.

4. 04

   Dominion Energy said it set the annual base salaries of Carlos M. Brown and Steven D. Ridge, who were promoted effective January 1, 2024, at $747,500 each. Their AIP target is 90% of base salary, and their Program target value is $1,500,000.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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