Eli Lilly and Company (LLY) AGM 2026 summary

Opening remarks and agenda

• The meeting was held virtually to ensure broad shareholder participation and followed a set agenda as outlined in the notice and slide presentation.

• Shareholders were reminded of meeting conduct rules and the process for submitting questions.

• The meeting was called to order with a quorum present, allowing official business to proceed.

Board and executive committee updates

• Four directors were nominated for election to serve until 2029, with their qualifications detailed in the proxy statement.

• The board recommended voting for all director nominees and management proposals.

Shareholder proposals

• Proposal 6 called for an independent board chair, citing legal and governance risks, insider ownership, and industry trends.

• Proposal 7 requested annual disclosure of lobbying expenditures, including indirect and dark money payments, to improve transparency.

• The board recommended voting against both shareholder proposals.