Core Molding Technologies (CMT) Proxy Filing summary

Executive summary

• Achieved record $35.2M cash flows from operations in 2024 despite lower demand and supply chain normalization.

• $45M in net new business to launch in late 2025 and early 2026; won major supplier quality awards.

• Promoted internal talent at a 39% rate and created a Chief Commercial Officer role to drive growth.

• Maintained 100% compliance with cybersecurity training and enhanced HR compliance through audits.

Voting matters and shareholder proposals

• Election of seven directors, non-binding advisory vote on executive compensation, approval of amendment to 2021 Long-Term Equity Incentive Plan, and ratification of Crowe LLP as auditor are on the agenda.

• Shareholders can submit proposals for the 2026 meeting by December 5, 2025.

• Plurality plus voting policy for directors; majority required for other proposals.

Board of directors and corporate governance

• Board consists of seven members, majority independent, with annual elections and a declassified structure.

• All key committees (Audit, Compensation, Nominating/Governance) are 100% independent.

• Board has strong risk oversight, anti-hedging/pledging, and clawback policies.

• Board succession planning and CEO succession plan reviewed annually.