Frontdoor (FTDR) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on May 14, 2025, with voting available online, by phone, or mail.

• Shareholders will vote on electing eight directors, ratifying Deloitte & Touche LLP as auditor, and approving executive compensation.

• 2024 saw 4% revenue growth to $1.84B, 37% net income growth to $235M, and a 42% increase in EPS to $3.01.

• The company acquired 2-10 Home Buyers Warranty, relaunched American Home Shield, and secured a $1.47B credit facility.

Voting matters and shareholder proposals

• Proposals include electing eight directors for one-year terms, ratifying Deloitte as auditor, and a non-binding say-on-pay vote.

• Shareholders can submit proposals for the 2026 meeting by November 28, 2025.

Board of directors and corporate governance

• The board is majority independent, with 33% women and 44% underrepresented minorities.

• Board committees (Audit, Compensation, Nominating/Governance) are fully independent.

• Annual board and committee self-assessments are conducted.

• Lead Director role ensures independent oversight; board composition and diversity are disclosed.

• No classified board, dual-class stock, or supermajority voting requirements.