XELNasdaq,NasdaqSEC EDGAREDGAR

XCEL ENERGY INC

Electric & Other Services Combined·MINNEAPOLIS, MN·FY end 12/31·CIK 72903

Named Executive Officers

FY 2025
ExecutiveSalaryStockOptionsBonus / Inc.OtherTotal
Bob FrenzelChairman, President and CEO
$1.4M$11.2M$3.0M$282.1K$16.0M
Brian Van AbelEVP, Chief Financial Officer
$840.0K$2.4M$1.0M$225.1K$4.5M
Amanda RomeEVP, Group President, Utilities and Chief Customer Officer
$775.0K$1.9M$947.0K$134.8K$3.8M
Michael LambExecutive Vice President, Chief Delivery Officer
Ryan LongExecutive Vice President, Chief Legal and Compliance Officer

CEO pay mix

Bob Frenzel · FY 2025
Total$16.0M
Stock awards$11.2M70%
Performance bonus$3.0M19%
Salary$1.4M9%
Other$282.1K2%

Performance vs. pay

TSR % vs. CEO comp actually paid · 5 fiscal years · Item 402(v) disclosure
FY
TSR
CEO comp
FY21
+4%
$6M
FY22
+11%
$10M
FY23
+1%
$18M
FY24
+14%
$21M
FY25
+30%
$28M

CEO comp · median worker · ratio — multi-year trend

Need at least two fiscal years of proxy data to draw the trend line. The ingestion worker will populate prior-year proxies as it processes them.