National Presto Industries (NPK) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 20, 2025, at company headquarters in Eau Claire, Wisconsin.

• Stockholders will vote on director elections, auditor ratification, and executive compensation.

• Proxy materials and 2024 annual report are available online and by request.

• Only stockholders of record as of March 24, 2025, are entitled to vote.

Voting matters and shareholder proposals

• Election of Patrick J. Quinn and Douglas J. Frederick as directors for three-year terms ending in 2028.

• Ratification of RSM US LLP as independent registered public accounting firm for fiscal 2025.

• Advisory (non-binding) vote on executive compensation (say-on-pay).

• Stockholder proposals for the 2026 meeting must be submitted by December 16, 2025, for proxy inclusion.

Board of directors and corporate governance

• Board consists of five directors divided into three classes; two directors up for election in 2025.

• Three directors (Quinn, Stienessen, Lieble) are independent per NYSE rules.

• Board committees: Audit, Compensation, and Nominating/Corporate Governance, each with independent directors.

• All directors attended 2024 board and committee meetings.

• Stockholders can communicate with the board or presiding director via mail.