Perrigo Company (PRGO) Proxy filing summary

Executive summary

• The 2026 Annual General Meeting will be held on April 30, 2026, in Dublin, Ireland, with shareholders voting on key proposals including director elections, auditor ratification, executive compensation, a new long-term incentive plan, and renewal of board authorities under Irish law.

• The company advanced its '3-S' plan (Stabilize, Streamline, Strengthen), achieving market share gains, innovation pipeline growth, and significant cost savings through Project Energize and Supply Chain Reinvention.

• Financial highlights for 2025 include $4.3B in net sales, $622M adjusted operating income, 14.6% adjusted operating margin, $2.75 adjusted EPS, and $239M operating cash flow.

Voting matters and shareholder proposals

• Shareholders will vote on electing nine directors, ratifying Ernst & Young LLP as auditor, approving executive compensation, adopting the 2026 Long-Term Incentive Plan, and renewing board authorities to issue shares and opt out of pre-emption rights under Irish law.

• All proposals are recommended for approval by the board.

Board of directors and corporate governance

• Eight of nine director nominees are independent; the board is refreshed regularly, with four new non-employee directors in the last five years.

• The board has separate independent Chair and CEO roles, robust share ownership guidelines, and annual self-assessments.

• Committees (Audit, Talent & Compensation, Nominating & Governance) are composed entirely of independent directors.

• Directors bring diverse skills in leadership, finance, industry, international business, and ESG.