Planet Fitness (PLNT) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on May 5, 2026, with voting available online, by phone, or by mail.

• Stockholders will vote on director elections, auditor ratification, and executive compensation, with detailed instructions provided for participation and voting.

• Forward-looking statements address strategic initiatives, growth expectations, and risk factors, with caution regarding uncertainties in the fitness industry.

Voting matters and shareholder proposals

• Stockholders will vote on: (1) election of four directors for terms expiring in 2029, (2) ratification of KPMG LLP as independent auditor for 2026, and (3) advisory approval of executive compensation.

• The board recommends voting FOR all proposals.

• Proxy access allows eligible stockholders to nominate directors in future meetings.

Board of directors and corporate governance

• The board consists of ten directors divided into three classes, with a mix of skills in franchising, finance, marketing, and operations.

• Eight of ten directors are independent; the CEO is the only management director.

• Annual board and committee self-evaluations are conducted, with director education emphasized.

• Board diversity: 50% gender diverse, 20% racially/ethnically diverse, average tenure of 6 years.

• Separate chair and CEO roles; board met seven times in 2025, with all directors attending at least 75% of meetings.