Clearfield (CLFD) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order by the CEO, with board members and independent auditors acknowledged as present or absent.

• Shareholders were informed about the process for submitting questions and voting online.

• Three main agenda items: election of directors, advisory vote on executive compensation, and ratification of auditors.

Board and executive committee updates

• Eight director nominees were presented for election to serve until the next annual meeting.

• Board recommended voting in favor of all nominees and the appointment of Deloitte & Touche as auditors.

Financial performance review

• Fiscal 2025 described as transformational, with a focus on strategic leadership and divestiture of underperforming assets to improve margins.

• Investments made in sales and marketing leadership to drive profitability.

• Fiscal 2026 forecasted revenue between $160 and $170 million, with increased guidance for 2028 and beyond.