Lockheed Martin (LMT) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order with management and board members present, including thanks to a retiring director.

• Agenda and meeting procedures were posted on the virtual site for transparency.

Board and executive committee updates

• Joseph F. Dunford Jr. was recognized for his six years of service as he is not standing for re-election.

Shareholder proposals

• Four proposals were presented: election of directors, executive compensation, auditor ratification, and a proposal for an independent board chairman.

• The independent board chairman proposal was presented by a shareholder, emphasizing improved governance and addressing recent cybersecurity and performance issues.