Southwest Airlines (LUV) Proxy filing summary

Voting matters and shareholder proposals

• Shareholders will vote on the election of eleven directors, each recommended by the board for approval.

• An advisory vote will be held to approve the compensation of named executive officers.

• Ratification of Ernst & Young LLP as independent auditors for the fiscal year ending December 31, 2026, is on the agenda.

Board of directors and corporate governance

• Eleven director nominees are presented for election, including Lisa M. Atherton, Pierre R. Breber, and others.

Executive compensation and say-on-pay

• Shareholders are asked to provide an advisory vote on executive compensation practices.