Littelfuse (LFUS) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on April 22, 2026, with shareholders voting on director elections, executive compensation, and auditor ratification.

• Shareholders of record as of February 25, 2026, are entitled to vote, with each share granting one vote per proposal.

• Voting can be done online, by phone, or by mail, and proxies may be revoked prior to the meeting.

• The company encourages electronic access to proxy materials to reduce environmental impact.

Voting matters and shareholder proposals

• Shareholders will vote to elect eight directors for one-year terms, approve executive compensation (say-on-pay), and ratify Deloitte & Touche LLP as independent auditors for 2026.

• Majority of votes cast is required for approval of each proposal; abstentions and broker non-votes have no effect on director elections.

• Proxy access allows groups holding at least 3% of shares for three years to nominate directors.

• Shareholder proposals for the 2027 meeting must be submitted by November 14, 2026.

Board of directors and corporate governance

• The board consists of eight members, seven of whom are independent; a mandatory retirement age of 75 is enforced.

• Board leadership is separated, with an independent Lead Director and regular executive sessions without management.

• The board emphasizes diversity, skills, and experience, with recent additions reflecting varied backgrounds.

• Four standing committees: Audit, Compensation, Nominating and Governance, and Technology, all with independent members.

• Annual board and committee self-evaluations are conducted.