Service Corporation International (SCI) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 6, 2026, with proxy materials and 2025 Sustainability Report available for review.

• Shareholders are encouraged to vote on several key proposals, including board refreshment, auditor ratification, executive compensation, and governance amendments.

• Board refreshment includes the nomination of Carl Loredo and the retirement of Alan Buckwalter, reducing average board age and tenure.

Voting matters and shareholder proposals

• Election of 10 directors, with a new nominee bringing marketing expertise.

• Ratification of PricewaterhouseCoopers LLP as independent auditor, with a new audit partner rotation in 2025.

• Advisory vote on executive compensation, with a high proportion of performance-based pay.

• Amendments to reduce the minimum number of directors and allow the board to fill vacancies between meetings.

• Proposal to limit officer liability in line with recent Texas law changes.

• Approval of a new 2026 Equity Incentive Plan to replace the expiring 2016 plan.

Board of directors and corporate governance

• Five new directors added since 2018, reducing average age and tenure while maintaining industry knowledge.

• Amendments provide flexibility in board composition and filling vacancies.

• Enhanced governance protections incorporated in response to Texas Senate Bill 29.

• Forum selection and jury trial waiver provisions for efficient dispute resolution.

• Minimum ownership threshold set for shareholders initiating derivative actions.