Optimum Communications (OPTU) Proxy filing summary

Executive summary

• The 2026 annual meeting will be held virtually on June 10, 2026, with voting available online, by phone, or by mail.

• Shareholders will vote on electing nine directors and ratifying the appointment of KPMG LLP as the independent auditor for 2026.

• Only holders of Class A and Class B common stock as of April 17, 2026, are eligible to vote, with Class B shares carrying 25 votes each.

• The company is classified as a "controlled company" under NYSE rules due to majority voting power held by Patrick Drahi and affiliates.

Voting matters and shareholder proposals

• Proposals include electing nine directors and ratifying KPMG LLP as the independent auditor.

• Shareholders may submit proposals for the 2027 annual meeting by January 1, 2027, following SEC and bylaw requirements.

• Voting is conducted by majority of votes cast for directors and majority of voting power present for auditor ratification.

Board of directors and corporate governance

• The board consists of nine members, three of whom are independent under NYSE standards.

• Next Alt, controlled by Patrick Drahi, has the right to designate a majority of directors as long as it holds at least 50% voting power.

• The board has Audit and Compensation Committees, both composed entirely of independent directors.

• Annual board and committee self-assessments are conducted to ensure effective governance.

• The company does not have a nominating and governance committee due to controlled company status.