Stem (STEM) Proxy filing summary

Executive summary

• Annual meeting scheduled for June 3, 2026, to be held virtually for shareholder participation.

• Shareholders are encouraged to review proxy materials online and vote by June 2, 2026.

Voting matters and shareholder proposals

• Election of three Class II director nominees for terms expiring in 2029: Ira Birns, Adam E. Daley, and Anil Tammineedi.

• Approval sought for amendment and restatement of the 2024 Equity Incentive Plan, increasing shares by 425,000 and extending the plan term.

• Advisory vote on executive compensation (say-on-pay) included.

• Ratification of RSM US LLP as independent auditor for the year ending December 31, 2026.

• Provision for other business to be addressed as may properly come before the meeting.

Board of directors and corporate governance

• Board recommends voting in favor of all director nominees and proposals.