Edison International (EIX) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on April 23, 2026, with shareholders voting on director elections, auditor ratification, executive compensation, and a shareholder proposal regarding executive equity retention.

• The company continues to focus on wildfire recovery, grid resilience, and clean energy transformation, with significant investments planned through 2030 and a commitment to net-zero greenhouse gas emissions by 2045.

• 2025 core EPS increased to $6.55 from $4.93 in 2024, driven by higher approved revenues and cost recoveries; the annual dividend was raised for the 22nd consecutive year.

Voting matters and shareholder proposals

• Shareholders will vote on the election of 11 directors, ratification of PwC as independent auditor, an advisory say-on-pay vote, and a shareholder proposal on executive equity retention (which the board recommends against).

• The board opposes the shareholder proposal, citing robust existing stock ownership guidelines and concerns about executive recruitment competitiveness.

Board of directors and corporate governance

• The board consists of 11 nominees, 10 of whom are independent, with diverse backgrounds and skills in technology, utilities, law, finance, and public policy.

• Governance practices include an independent board chair, annual board and committee evaluations, director retirement at age 75 or after 15 years, and annual succession planning.

• Shareholder rights include annual director elections, proxy access, and the ability for 10% of shareholders to call special meetings.