Shoals Technologies Group (SHLS) Proxy filing summary

Executive summary

• Leading provider of EBOS, BESS, and OEM components for the global energy transition market, with strong international and domestic growth opportunities anticipated in 2025 and 2026.

• Achieved 19% topline revenue growth and 17% gross profit growth in 2025, with $475.3M revenue and $99.5M adjusted EBITDA.

• Ended 2025 with a record $747.6M backlog and awarded orders, setting up for continued growth in 2026.

• 2026 guidance projects $560-600M in revenue and $110-130M in adjusted EBITDA.

• Strategy focuses on commercial execution, operational excellence, and diversification into new electrification markets.

Voting matters and shareholder proposals

• Proposal 1: Election of five independent director nominees with diverse leadership backgrounds and an average tenure of 3.6 years.

• Proposal 2: Non-binding advisory vote on executive compensation, emphasizing performance-based pay and alignment with shareholder value.

Board of directors and corporate governance

• Board nominees bring expertise from sectors including solar, utilities, automotive, and education.

• Average nominee age is 57.6 years, supporting balanced oversight and decision-making.