NWPX Infrastructure (NWPX) Proxy filing summary

Executive summary

• Achieved record net sales of $526 million in 2025, up 6.8% from prior year, with record gross profit and net income; strong free cash flow of $47 million supported debt reduction and capital investments.

• Strategic focus on expanding in the precast concrete and engineered solutions market through organic growth and acquisitions, including the recent acquisition of Boughton's Precast in 2026.

• Safety performance reached industry-leading levels, with a recordable incident rate of 1.06 in 2025, well below industry averages.

• Continued emphasis on operational excellence, innovation, and prudent capital allocation to drive long-term shareholder value.

Voting matters and shareholder proposals

• Three proposals: election of two directors (Scott Montross and John Paschal), advisory vote on executive compensation, and ratification of Baker Tilly as independent auditor for 2026.

• Board recommends voting FOR all proposals.

• Each share of common stock is entitled to one vote; record date is April 9, 2026.

Board of directors and corporate governance

• Board consists of seven directors, six of whom are independent; strong focus on diversity of skills and experience.

• Board committees include Audit, Compensation, Environmental and Social Governance, and Nominating and Governance, all composed of independent directors.

• Directors are elected to staggered three-year terms; director resignation policy in place for those not receiving majority support.

• Annual review of governance principles and director independence.