Cricut (CRCT) Proxy filing summary

Executive summary

• Annual meeting scheduled for June 3, 2026, to be held virtually, with voting available online, by phone, or mail.

• Proxy materials and annual report accessible online, with printed copies available upon request.

• Board recommends voting for all proposals: director elections, executive compensation, and auditor ratification.

Voting matters and shareholder proposals

• Shareholders will vote on electing seven directors, approving executive compensation (say-on-pay), and ratifying BDO USA, P.C. as independent auditor for 2026.

• Each Class A share has one vote; each Class B share has five votes, voting as a single class.

• Shareholder proposals for the 2027 meeting must be submitted by December 22, 2026, for proxy inclusion.

Board of directors and corporate governance

• Board consists of seven directors, three of whom are independent under Nasdaq rules.

• Petrus Trust Company, LTA controls a majority of voting power, qualifying as a "controlled company" and relying on certain governance exemptions.

• Audit and compensation committees are established; audit committee is fully independent.

• Board diversity is considered, though no formal policy exists.

• Directors are elected annually for one-year terms.