Energy Vault (NRGV) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
4 Jun, 2026Opening remarks and agenda
Meeting called to order and webcast live for stockholders, with introductions of board members and officers present.
Notice of meeting and proxy materials distributed to all stockholders of record as of March 31, 2026.
Rules of conduct and agenda provided on the virtual meeting webpage; only logged-in stockholders could vote and ask questions.
Board and executive committee updates
Board members and executive officers introduced, including representatives from the auditing firm BDO USA.
Overview of voting outcomes
Quorum established with approximately 73.5% of shares represented.
Stephanie Unwin, Theresa Fariello, and Thomas Ertel elected as directors, each receiving a plurality of votes.
BDO USA ratified as independent registered public accounting firm for fiscal year ending December 31, 2026, by majority vote.
Final voting results to be reported in a Form 8-K filing with the SEC.
Latest events from Energy Vault
- Q2 2026 revenue doubled, backlog hit $2B, and guidance was raised on strong AI/data center demand.NRGV
Q2 2026 - Shelf registration enables up to $300M in securities offerings to fund energy storage growth.NRGV
Registration filing - Revenue up 156% YoY, backlog up 108% to $1.35B, and global expansion into Japan and Texas.NRGV
Q1 2026 - Vote on three director nominees and auditor ratification at the May 29, 2026 virtual meeting.NRGV
Proxy filing - Director elections, auditor ratification, and performance-based executive pay headline the proxy.NRGV
Proxy filing - Asset Vault accelerates integrated storage IPP growth, targeting $150M recurring EBITDA by 2029.NRGV
Investor Day 2025 - Gross margin rose to 27.8% as cost controls, backlog, and new contracts support future growth.NRGV
Q2 2024 - Q1 revenue up 10%, gross margin at 57.1%, and backlog up 49% to $648M.NRGV
Q1 2025 - Backlog surged 90% to $660M as the company pivots to high-margin asset ownership.NRGV
Q4 2024