Exelixis (EXEL) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order by the President and CEO, with key executives and independent auditors present.

• Meeting held virtually, allowing stockholders to participate, submit questions, and vote online.

• Agenda and rules of conduct provided in the virtual portal; only proposals in the proxy statement to be voted on.

• Notice of meeting confirmed, and only stockholders of record as of March 31, 2026, entitled to vote.

Overview of voting outcomes

• Quorum established with 90.16% of shares represented.

• All 11 director nominees elected to serve until the next annual meeting in 2027.

• Ernst & Young ratified as independent public accounting firm for the current fiscal year.

• Amendment to the 2017 Equity Incentive Plan approved, increasing authorized shares by 2 million.

• Advisory approval of executive compensation as disclosed in the 2026 proxy statement.

Q&A with stakeholders

• No germane questions or comments received from stockholders; Q&A session was foregone.