Patrick Industries (PATK) investor relations material

Executive summary

• Annual Meeting scheduled for May 14, 2026, to be held virtually, with shareholders voting on director elections, auditor ratification, and executive compensation for 2025.

• 2025 financial highlights include $4.0B in net sales (6% growth), $329M operating cash flow, and $246M free cash flow, with $122M allocated to acquisitions and $87M returned to shareholders via dividends and buybacks.

• Strategic focus on diversification, innovation, and operational efficiency, with investments in advanced materials, technology, and AI-enabled tools.

Voting matters and shareholder proposals

• Shareholders will vote on electing nine directors, ratifying Deloitte & Touche LLP as auditor for 2026, and approving (advisory) executive compensation for 2025.

• Board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be submitted by November 30, 2026.

Board of directors and corporate governance

• Board consists of nine directors, seven of whom are independent; average director age is 61, with 22% gender or racial/ethnic diversity.

• Board committees include Audit, Compensation, and Corporate Governance & Nominations, all chaired by independent directors.

• Annual review of governance documents and succession planning; Lead Independent Director role established.

• Board-level oversight of ESG matters and annual director elections.