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Lindsay (LNN) investor relations material

Lindsay Proxy Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Proxy Filing summary21 Nov, 2025

Executive summary

  • Annual meeting scheduled for January 6, 2026, to be held virtually, with voting on director elections, auditor ratification, and executive compensation approval.

  • Fiscal 2025 saw record net earnings ($74.1M), strong international irrigation revenue growth (up 39%), and significant infrastructure margin expansion.

  • Major investments included a $50M+ modernization of the main manufacturing facility and a 49.9% stake in Pessl Instruments to drive agtech innovation.

  • Shareholder returns included a 3% dividend increase and $11.5M in share repurchases, with a new $150M repurchase program authorized.

Voting matters and shareholder proposals

  • Shareholders will vote to elect three directors for terms ending in 2029, ratify KPMG LLP as auditor for fiscal 2026, and approve executive compensation in a non-binding vote.

  • Procedures for submitting shareholder proposals and director nominations for future meetings are detailed, with specific deadlines and disclosure requirements.

Board of directors and corporate governance

  • Board is divided into three classes with staggered three-year terms; all non-employee directors are independent per NYSE standards.

  • Board skills include global business, M&A, technology, manufacturing, and governance; average director tenure is 9 years.

  • Chairperson is an independent director, and board leadership is structured to ensure independent oversight.

  • Codes of conduct and anti-hedging/pledging policies are in place for directors and executives.

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Frequently asked questions

Lindsay Corporation manufactures and markets water management equipment and services, including irrigation systems to enhance agricultural productivity with precise water application. We also provide infrastructure and road safety solutions to governments and contractors with solutions that improve traffic flow and protect roadways from damage. Lindsay uses advanced machine learning and data analytics to provide customers with expertise to help solve the complex global water crisis as well as precision watering for golf courses, lawns, plants, trees, and crops around the world.

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