AMETEK (AME) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 7, 2025, to be held virtually, with voting on director elections, executive compensation, and auditor ratification.

• Company operates globally with 21,500 employees, focusing on industrial technology solutions and sustainability initiatives.

• AMETEK’s Growth Model emphasizes operational excellence, technology innovation, strategic acquisitions, and global expansion, targeting double-digit earnings growth over the business cycle.

Voting matters and shareholder proposals

• Shareholders will vote to elect two directors for three-year terms, approve executive compensation (say-on-pay), and ratify Ernst & Young LLP as the independent auditor for 2025.

• Board recommends voting FOR all proposals; majority of votes cast is required for approval.

• Proxy access allows a stockholder or group owning at least 3% of shares for three years to nominate directors.

Board of directors and corporate governance

• Board will reduce from nine to eight members after the 2025 meeting due to a retirement.

• Eight of nine directors are independent; all committee members are independent per NYSE and SEC standards.

• Board committees: Audit, Compensation, and Corporate Governance/Nominating, each with defined charters and annual self-assessments.

• Lead Independent Director structure in place; annual board self-evaluation and robust stock ownership guidelines for directors and executives.

• Board diversity: 38% female, 13% racial/ethnic diversity.