Encore Capital Group (ECPG) Proxy Filing summary

Executive summary

• Annual meeting scheduled for June 6, 2025, to be held virtually, with voting on director elections, executive compensation, and auditor ratification.

• Nine directors are nominated for one-year terms; all current directors are standing for re-election.

• Key 2024 performance highlights include record global portfolio purchases, 16% increase in global collections, and 20% increase in cash generation, though GAAP earnings were negatively impacted by actions in the European business.

• Executive compensation is heavily performance-based, with 83% of CEO and 73% of other NEOs' target pay at risk.

Voting matters and shareholder proposals

• Proposals include: (1) election of nine directors, (2) non-binding advisory vote on executive compensation, (3) ratification of BDO USA, P.C. as independent auditor.

• Board recommends voting FOR all proposals.

• Shareholders may submit proposals and director nominations for the 2026 meeting by specified deadlines.

Board of directors and corporate governance

• Board met six times in 2024; all directors attended at least 75% of meetings.

• Four standing committees: Audit, Compensation, Nominating and Corporate Governance (NCG), and Risk.

• Board and committee annual self-evaluations are conducted to enhance effectiveness.

• Majority Voting Policy in place for director elections; directors must tender resignation if more votes are withheld than for.

• Board diversity: six male, three female; six White, two Asian, one Black.