Parker-Hannifin (PH) Proxy filing summary

Executive summary

• Achieved record financial performance in FY2026: 24.5% segment operating margin, $4.4B cash flow from operations, and $28.48 EPS, all up from FY2025.

• Increased annual dividends for the 70th consecutive year and completed strategic acquisitions to strengthen the technology portfolio.

• Five-year cumulative total shareholder return outperformed S&P 500 and S&P 500 Industrials.

• The Win Strategy continues to drive growth, transformation, and operational excellence.

Voting matters and shareholder proposals

• Shareholders will vote on the election of nine directors for terms expiring in 2027.

• Advisory vote on executive compensation (say-on-pay) and ratification of Deloitte & Touche LLP as independent auditor for FY2027.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of 90% independent directors, with an average tenure of 8.4 years and average age of 62.

• Directors bring diverse experience in leadership, strategy, manufacturing, technology, risk management, and finance.

• Annual board, committee, and individual director evaluations; mandatory retirement at age 72.

• Proxy access for shareholders, majority voting, and no cumulative voting.

• Dual leadership structure with a Lead Independent Director and a Chairman/CEO.