Charles Schwab (SCHW) Proxy filing summary

Voting matters and shareholder proposals

• Broker non-votes will have no effect on the election of directors or advisory approval of NEO compensation, but will count as a vote "AGAINST" the proposal to declassify the board.

• Ratification of independent auditors is considered a routine matter, and broker non-votes are not expected to affect its outcome.

Shareholder rights and capital structure

• Brokerage firms may vote unvoted shares on routine matters to help establish a quorum for the meeting.

• Shareholders who have already voted do not need to vote again unless they wish to change or revoke their prior vote.