Kinder Morgan (KMI) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held on May 13, 2026, with voting on director elections, auditor ratification, and executive compensation.

• Shareholders of record as of March 16, 2026, are entitled to vote, with each share carrying one vote per proposal.

• Proxy materials are available online, and voting can be done via Internet, phone, mail, or in person.

• The Board recommends voting FOR all proposals.

Voting matters and shareholder proposals

• Proposals include election of 11 directors for one-year terms, ratification of PricewaterhouseCoopers LLP as auditor for 2026, and an advisory vote on executive compensation.

• Board unanimously recommends voting FOR all nominees and proposals.

• Proxy access allows groups of up to 20 shareholders owning 3%+ for 3 years to nominate directors.

• Shareholder proposals for the 2027 meeting must be submitted by December 3, 2026.

Board of directors and corporate governance

• Board consists of 11 directors, 8 of whom are independent; leadership roles are separated between Chairman and CEO.

• Committees include Audit, Compensation, EHS, and Nominating and Governance, all composed of independent directors.

• Annual board and committee self-evaluations are conducted, with a focus on diversity and core competencies.

• Stock ownership guidelines require directors and executives to hold significant equity.

• Board intends to reduce its size to 10 and enhance diversity over time.