PriceSmart (PSMT) AGM 2026 summary

Opening remarks and agenda

• The meeting was formally called to order, with stockholders attending virtually via web portal and phone.

• The agenda included electing directors, an advisory vote on executive compensation, and ratifying the selection of the independent auditor.

• Nominees for the board of directors and key executives were introduced.

Corporate governance

• Notice of meeting, proxy statement, and annual report were distributed to all stockholders of record.

• A quorum was established, with at least 95% of shares represented in person or by proxy.

Overview of voting outcomes

• All 11 board nominees were elected, each receiving a plurality of votes well above the required threshold.

• Advisory vote on executive compensation was approved by at least 98% of shares present and voting.

• Ratification of Ernst & Young LLP as independent auditor was approved by at least 99% of shares present and voting.