Amalgamated Financial (AMAL) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 20, 2026, with virtual attendance and voting options for all shareholders of record as of March 26, 2026.

• Three main proposals: election of 13 directors, advisory vote on executive compensation, and ratification of Crowe LLP as independent auditor for 2026.

• Board recommends voting FOR all proposals.

• Proxy materials and annual report are available online for shareholder review.

Voting matters and shareholder proposals

• Shareholders will vote on electing 13 directors, a non-binding say-on-pay for executive compensation, and ratifying Crowe LLP as auditor.

• Shareholders of record as of March 26, 2026, are entitled to one vote per share.

• Procedures for submitting shareholder proposals and director nominations for the 2027 meeting are outlined, with specific deadlines and requirements.

Board of directors and corporate governance

• Board expanded to 13 members, including five designated by Workers United, with a mix of independent and non-independent directors.

• Nine of 13 directors are independent per Nasdaq rules.

• Board committees include Audit, Compensation and Human Resources, Nominating and Governance, Executive, Credit Policy, Enterprise Risk Oversight, Trust, and Technology Advisory Council.

• Board leadership structure separates Chair and CEO roles, with a Lead Independent Director and committee chairs.

• Board and committee meeting attendance exceeded 75% for all directors in 2025.