Altria Group (MO) AGM 2025 summary

Opening remarks and agenda

• The meeting was called to order on May 15, 2025, at 9:00 a.m. Eastern Time, with welcome and introductions.

• The agenda included director elections, ratification of the independent auditor, advisory vote on executive compensation, approval of 2025 Performance Incentive Plan, approval of 2025 Stock Compensation Plan for non-employee directors, and a Q&A session.

• Rules of Conduct were outlined, including procedures for voting, eligibility, and submitting questions during the virtual meeting.

Board and executive committee updates

• All board nominees were introduced and recommended for election, including lan L.T. Clarke, Marjorie M. Connelly, R. Matt Davis, William F. Gifford, Debra J. Kelly-Ennis, Kathryn B. McQuade, George Muñoz, Virginia E. Shanks, Richard S. Stoddart, Ellen R. Strahlman, and M. Max Yzaguirre, with emphasis on their leadership and oversight.

• Broadridge Financial Services was appointed as inspector of election, responsible for certifying all votes.

Shareholder proposals

• Shareholders voted on the election of directors, ratification of PricewaterhouseCoopers LLP as auditor, advisory approval of executive compensation, the 2025 Performance Incentive Plan, and the 2025 Stock Compensation Plan for non-employee directors.