Powell Industries (POWL) AGM 2026 summary

Opening remarks and agenda

• Meeting conducted virtually to enable broader and safer participation by stockholders.

• Only matters on the published agenda were addressed during the meeting.

• Stockholders were reminded to vote online prior to poll closure.

Board and executive committee updates

• Board members and committee roles were introduced, including Audit, Compensation and Human Capital, and Nominating and Governance Committees.

• Senior leadership team and representatives from the independent auditor were present.

Shareholder proposals

• Two proposals were presented: election of two directors and an advisory vote on executive compensation.

• Director nominees were Alaina K. Brooks and Katherine B. Curtis, with backgrounds in legal and energy sectors.

• Advisory resolution on executive compensation aimed to gauge investor sentiment for future decisions.