Concrete Pumping (BBCP) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for April 22, 2025, with voting on director elections, auditor ratification, and executive compensation approval.

• Only stockholders of record as of February 25, 2025, are eligible to vote.

• Voting can be done in person, by mail, or online, with specific instructions for broker-held shares.

Voting matters and shareholder proposals

• Four Class I directors are nominated for election to serve until 2028.

• Ratification of PricewaterhouseCoopers LLP as the independent auditor for fiscal 2025 is proposed.

• A non-binding advisory vote on executive compensation (say-on-pay) is included.

• No other matters are expected, but proxies may vote on any new business at their discretion.

• Deadlines and procedures for 2026 shareholder proposals and nominations are outlined.

Board of directors and corporate governance

• The board consists of 12 directors divided into three classes, each serving three-year terms.

• Majority of directors are independent per Nasdaq standards; independence is reviewed annually.

• Board leadership is separated from management, with independent directors meeting in executive sessions.

• Committees include Audit, Compensation, and Corporate Governance/Nominating, all composed of independent directors.

• The board emphasizes diversity, experience, and skill set in director nominations.

• Peninsula Pacific retains rights to nominate up to three directors based on ownership thresholds.