Carriage Services (CSV) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting is scheduled for May 13, 2025, with shareholders voting on director elections, executive compensation, and auditor ratification.

• 2024 saw enhancements in operating framework, technology, talent acquisition, and significant debt reduction.

• A new director and CFO were added, and shareholder engagement was emphasized, with feedback incorporated into governance changes.

• The company continues to focus on innovation, growth, and value creation through strategic acquisitions and operational improvements.

Voting matters and shareholder proposals

• Shareholders will elect three Class II directors for terms expiring in 2028.

• Advisory approval of 2024 Named Executive Officers' compensation is on the agenda.

• Ratification of Grant Thornton LLP as independent auditor for 2025 is proposed.

• Shareholder proposals for the 2026 meeting must be submitted by November 28, 2025, for proxy inclusion.

Board of directors and corporate governance

• Six of seven directors are independent; all board committees are fully independent.

• Board refreshment continued with four new directors in the past two years, increasing diversity.

• Commitment to declassify the board in 2026, moving to annual director elections.

• Director and executive stock ownership guidelines and anti-hedging policies were adopted.

• Board and committee charters, governance guidelines, and code of ethics were updated in 2024.