Lemonade (LMND) Proxy filing summary

Executive summary

• The annual meeting is scheduled for June 3, 2026, and will be held virtually to maximize shareholder participation and maintain equal rights as an in-person meeting.

• Shareholders as of April 9, 2026, are entitled to vote on director elections, auditor ratification, and executive compensation.

• Voting can be conducted online, by phone, mail, or electronically during the meeting, with detailed instructions provided.

• The proxy statement and annual report are available online, and shareholders are encouraged to vote promptly to ensure quorum.

Voting matters and shareholder proposals

• Proposal 1: Election of Michael Eisenberg and Debra Schwartz as Class III Directors to serve until 2029.

• Proposal 2: Ratification of Ernst & Young LLP as independent auditor for fiscal year ending December 31, 2026.

• Proposal 3: Advisory (non-binding) vote on named executive officer compensation (Say-on-Pay).

• Board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be submitted by December 23, 2026, for proxy inclusion.

Board of directors and corporate governance

• Board consists of eight members divided into three staggered classes, with two Class III directors up for election.

• Majority of directors are independent per NYSE standards; CEO and President are not independent.

• Committees: Audit (Dr. Samer Haj-Yehia, Chair), Compensation (Michael Eisenberg, Chair), Nominating and Corporate Governance (Debra Schwartz, Chair).

• Corporate governance documents, code of ethics, and committee charters are available on the investor relations website.

• Board leadership structure combines CEO and Chairman roles, with a Lead Independent Director (Michael Eisenberg).