Eversource Energy (ES) Proxy filing summary

Executive summary

• Achieved strong financial and operational results in 2025, with total shareholder return up 22.7% and earnings per share exceeding targets; annual dividend increased by 5.2%.

• Invested over $4 billion in core businesses, advanced clean energy initiatives, and completed major projects such as the Revolution Wind onshore substation and the Greater Cambridge Energy Program.

• Maintained top industry ratings for sustainability, governance, and employee engagement, and received multiple national recognitions for ESG leadership and workplace excellence.

• Focused on affordability, regulatory engagement, and transparency in customer billing, while expanding energy efficiency and customer assistance programs.

Voting matters and shareholder proposals

• Shareholders will vote on: election of ten Trustees, advisory approval of executive compensation, ratification of Deloitte & Touche LLP as auditor, and a shareholder proposal for an independent Board Chairman.

• Board recommends voting FOR the election of Trustees, executive compensation, and auditor ratification, and AGAINST the independent Board Chairman proposal.

• The independent Board Chairman proposal received 47% support in 2025; Board enhanced Lead Independent Trustee responsibilities in response but opposes a permanent separation mandate.

Board of directors and corporate governance

• Board consists of ten Trustees, nine of whom are independent; Lead Independent Trustee role expanded for enhanced oversight.

• Trustees possess diverse expertise in finance, regulation, ESG, and community engagement; annual self-assessments and refreshment ensure effective governance.

• Five standing committees oversee audit, compensation, risk, governance, and ESG matters; all committees except Executive are fully independent.

• Proxy access, majority voting, mandatory retirement age, and robust shareholder engagement are in place.