Inter Parfums (IPAR) Proxy Filing summary

Executive summary

• Annual meeting scheduled for September 17, 2024, to vote on director elections, executive compensation, company name change, and auditor ratification.

• Nine directors are nominated for re-election, with the board recommending a vote in favor.

• Advisory votes include executive compensation approval and a proposal to change the company name to Interparfums, Inc.

• Ratification of Forvis Mazars, LLP as independent auditor for fiscal 2024 is recommended.

Voting matters and shareholder proposals

• Proposals include election of nine directors, advisory approval of executive compensation, company name change, and auditor ratification.

• Board recommends voting in favor of all proposals.

• Major shareholders, holding over 40% of shares, have indicated intent to vote in favor, making passage likely.

• Shareholder proposals for the 2025 meeting must be submitted by May 20, 2025.

Board of directors and corporate governance

• Board consists of nine directors, including a mix of executive and independent members.

• Board diversity policy revised in 2024; currently compliant with Nasdaq Board Diversity Rule.

• Board held 19 meetings in 2023, with all directors attending at least 75%.

• Standing committees: Audit, Executive Compensation and Stock Option, and Nominating.

• Code of Conduct and insider trading policies are in place and publicly available.