Intrepid Potash (IPI) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on May 29, 2025, with voting on director elections, auditor ratification, and executive compensation.

• Shareholders can vote online, by phone, mail, or during the meeting; only those of record as of April 7, 2025, are eligible.

• Proxy materials are available online, and Alliance Advisors, LLC is assisting with solicitation for a fee of $13,500.

Voting matters and shareholder proposals

• Shareholders will vote to elect two Class II directors for three-year terms, ratify KPMG LLP as auditor, and approve executive compensation on an advisory basis.

• Board recommends voting FOR all proposals; cumulative voting is not permitted.

• Shareholders may submit proposals for the 2026 meeting by December 18, 2025, or nominate directors per bylaw procedures.

Board of directors and corporate governance

• The board consists of eight directors in three staggered classes; recent changes include new CEO Kevin S. Crutchfield and new director Gonzalo M. Avendano.

• Majority of directors are independent; board chair and CEO roles are separated.

• Committees include Audit, Compensation, and Nominating/Corporate Governance/Safety/Sustainability, all composed of independent directors.

• Board met 33 times in 2024; directors are encouraged to attend shareholder meetings.