IDEX (IEX) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 8, 2025, to be held virtually; record date is March 13, 2025.

• Stockholders will vote on director elections, executive compensation, auditor ratification, and a shareholder proposal on hiring practices.

• Board recommends voting for all director nominees, for executive compensation, for auditor ratification, and against the shareholder proposal.

• Proxy materials and annual report are available online; voting can be done by internet, phone, mail, or during the meeting.

Voting matters and shareholder proposals

• Election of three Class III directors for three-year terms; Board size to reduce from 12 to 10 after retirements.

• Advisory vote on executive compensation (say-on-pay).

• Ratification of Deloitte & Touche LLP as independent auditor for 2025.

• Shareholder proposal requests a report on hiring practices for people with arrest or incarceration records; Board recommends voting against.

Board of directors and corporate governance

• Board consists of 12 members, 11 of whom are independent; average tenure is 4.6 years, average age 57.7.

• Board diversity includes gender, ethnicity, and international experience.

• Board leadership is split between a Non-Executive Chair and CEO; all committees are chaired by independent directors.

• Annual board and committee assessments, director onboarding, and ongoing education are emphasized.

• Directors are subject to a retirement policy at age 70, with possible waivers.