The Boston Beer Company (SAM) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 14, 2025, at the Samuel Adams Boston Tap Room in Boston, MA.

• Record date for voting eligibility set as March 19, 2025.

• Proxy materials and annual report are available online, with options for electronic or paper delivery.

Voting matters and shareholder proposals

• Election of three Class A Directors by Class A stockholders and six Class B Directors by the sole Class B stockholder.

• Advisory "Say-on-Pay" vote on executive compensation for Class A stockholders.

• Ratification of Deloitte & Touche LLP as independent auditor for Fiscal Year 2025 by the Class B stockholder.

• Opportunity to consider and act on other business that may properly come before the meeting.

Board of directors and corporate governance

• Board recommends voting FOR all director nominees and FOR the Say-on-Pay proposal.

• Distinct voting rights for Class A and Class B stockholders, with Class B having a sole holder.