Neighborhood Intelligence (BBBY) AGM 2025 summary

Opening remarks and agenda

• The meeting was called to order by the Executive Chairman, who introduced the board members and outlined the agenda, including voting on five proposals.

• The meeting included forward-looking statements, with a disclaimer regarding potential risks and uncertainties.

• Voting procedures and eligibility were explained, and the Inspector of Elections was introduced.

Board and executive committee updates

• Board members present included Joanna Burkey, Barclay Corbus, William Nettles, Debra Perelman, Robert Shapiro, and Joseph Tabacco.

• KPMG LLP representatives attended as independent auditors, available for questions.

Shareholder proposals

• Proposal 1: Election of seven directors for terms expiring at the 2026 Annual Meeting.

• Proposal 2: Ratification of KPMG LLP as independent auditor for 2025.

• Proposal 3: Advisory approval of executive compensation (say-on-pay).

• Proposal 4: Amendment and restatement of the 2005 Equity Incentive Plan.

• Proposal 5: Amendment to increase individual award limits for the Executive Chairman.