Olaplex (OLPX) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on June 10, 2025, with voting on director elections, executive compensation, and auditor ratification.

• Stockholders of record as of April 21, 2025, are eligible to vote; 665,757,390 shares are outstanding.

• The company is classified as a "controlled company" under Nasdaq rules, allowing certain governance exemptions.

Voting matters and shareholder proposals

• Three Class I directors are nominated for re-election for three-year terms; one Class I director will not stand for re-election, reducing the board size from 11 to 10.

• Advisory vote on executive compensation for fiscal year 2024 (say-on-pay) is scheduled.

• Ratification of Deloitte & Touche LLP as independent auditor for fiscal year 2025.

• Procedures for submitting shareholder proposals for the 2026 annual meeting are outlined.

Board of directors and corporate governance

• The board is divided into three classes with staggered three-year terms; current directors bring diverse expertise in retail, finance, technology, and international markets.

• Board committees include Audit, Compensation, and Nominating and Corporate Governance, with defined charters and responsibilities.

• 82% of directors attended the 2024 annual meeting; all directors attended at least 75% of meetings.

• The board emphasizes diversity, with 8 of 11 directors identifying as female and 39% of U.S. employees identifying as non-white.

• Stock ownership guidelines and clawback policies are in place for directors and executives.