Door (LTCH) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held virtually on June 10, 2026, with stockholders voting on director elections, auditor ratification, and executive compensation.

• The company rebranded as DOOR in August 2025 but retains its legal name; it operates a SaaS platform for smart building access and services.

• Proxy materials are distributed electronically to conserve resources and reduce costs.

Voting matters and shareholder proposals

• Stockholders will vote on electing six directors, ratifying BDO USA, P.C. as auditor for 2026, and an advisory say-on-pay for executive compensation.

• Each share of common stock is entitled to one vote per matter; cumulative voting is not permitted.

• Proposals require a plurality or majority of votes cast, depending on the item.

• Stockholder proposals for the 2027 meeting must be received by December 31, 2026.

Board of directors and corporate governance

• The board consists of six directors, divided into three classes with staggered terms; all are independent under Nasdaq rules.

• Directors bring expertise in technology, real estate, finance, and management.

• The board has Audit, Compensation, and Nominating & Corporate Governance Committees, all composed of independent directors.

• Lead independent director presides over meetings when the chair is absent; no formal policy requires separation of chair and CEO roles.

• Director candidates are vetted for integrity, experience, diversity, and judgment; stockholders can recommend nominees.