SM Energy Company (SM) Proxy filing summary

Executive summary

• Annual Meeting of Stockholders scheduled virtually for May 21, 2026, at 3:30 p.m. Mountain Time.

• Proxy materials, including the Notice of Meeting, Proxy Statement, and 2025 Annual Report, are available online, with options to request paper or email copies.

• Stockholders can attend and vote at the meeting using a unique 11-digit Control Number.

Voting matters and shareholder proposals

• Election of eleven directors for a one-year term until the next annual meeting.

• Advisory vote to approve executive compensation philosophy, policies, and procedures.

• Ratification of Deloitte & Touche LLP as independent registered public accounting firm for 2026.

• Board recommends voting FOR all director nominees and FOR Proposals 2 and 3.

Board of directors and corporate governance

• Eleven nominees listed for election as directors, with no other candidates nominated as of the proxy statement date.