Unitil (UTL) investor relations material

Executive summary

• Annual Meeting scheduled for April 29, 2026, at corporate headquarters in Hampton, NH, with shareholders voting on director elections, auditor ratification, and executive compensation approval.

• 2025 marked by successful acquisitions of Bangor Natural Gas and Maine Natural Gas, infrastructure modernization, and strong financial and operational performance.

• Vision centers on delivering clean, reliable, and affordable energy, with core values of Respect, Integrity, Stewardship, and Excellence guiding corporate actions.

Voting matters and shareholder proposals

• Shareholders to elect three Class II directors (Neveen F. Awad, Winfield S. Brown, Mark H. Collin) for three-year terms.

• Ratification of Deloitte & Touche LLP as independent auditor for 2026.

• Advisory vote on executive compensation (say-on-pay).

• No shareholder proposals submitted for this meeting.

Board of directors and corporate governance

• Board consists of 11 members, majority independent, with robust annual evaluation and succession planning.

• Combined CEO/Chair structure, with a Lead Director role transitioning from Michael B. Green to Justine Vogel in 2026.

• Board committees: Audit, Compensation, Executive, and Nominating & Governance, each with defined charters and annual reviews.

• Directors must meet stock ownership requirements and adhere to a resignation policy if not re-elected by majority.