RPM International (RPM) AGM 2025 summary

Opening remarks and agenda

• The meeting was called to order, outlining three sections: formal business, financial review, and Q&A, with stockholders able to submit questions throughout.

• Tracy D. Crandall was designated to keep the minutes.

• Presentation included forward-looking statements and outlined key risks and uncertainties impacting future performance.

Corporate governance

• Notice of the meeting was duly sent to stockholders, and a quorum was established with 88% of shares represented.

• Nine directors were nominated and elected for a one-year term expiring at the 2026 annual meeting.

• Advisory approval of executive compensation passed with 92% of shares voting in favor.

• Deloitte & Touche LLP was ratified as the independent auditor for fiscal year 2026 with 96% approval.

• Board composition and committee roles were reviewed, highlighting director expertise and recent elections.

Financial performance review

• FY25 revenue reached a record $7.37B, up 0.5% from the prior year.

• Adjusted EBIT for FY25 was $976M, a 6.3% increase, with a margin of 13.2%, up 40 bps.

• Adjusted EPS grew 7.3% to $5.30 in FY25.

• Q1 2026 sales rose 7.4% year-over-year to $2.11B, with record adjusted EBIT and EPS.

• All three business segments reported sales and adjusted EBIT growth in Q1 2026.