Cummins (CMI) AGM 2026 summary

Opening remarks and agenda

• Meeting held virtually to enhance efficiency and stakeholder participation.

• Six business matters presented, including director elections, executive compensation, auditor ratification, incentive plan, and two shareholder proposals.

Shareholder proposals

• Proposal from The Accountability Board regarding separation of chair and CEO roles was discussed and ultimately rejected.

• Proposal from Boyar Research/Bahnsen Family Trust urged the company to avoid political activism and focus on core business; also rejected.

Overview of voting outcomes

• All 11 board-nominated directors elected for the ensuing year.

• Executive compensation approved by shareholders.

• PricewaterhouseCoopers ratified as auditors for 2026.

• 2026 Omnibus Incentive Plan approved.

• Both shareholder proposals were rejected.