The Western Union Company (WU) Proxy filing summary

Executive summary

• 2025 was a challenging year due to macroeconomic and geopolitical headwinds, but key milestones were achieved in digital business growth and consumer services, now nearly 15% of annual revenues, double from a few years ago.

• The Board introduced the Beyond strategy at the November 2025 Investor Day, focusing on digital capabilities, global payments infrastructure, and expanding consumer services.

• Strong corporate governance, risk management, and board diversity remain priorities, with five new directors added since 2020.

• Stockholder engagement was expanded, reaching 70% of outstanding shares, influencing updates to compensation programs.

Voting matters and shareholder proposals

• Election of 12 directors for one-year terms until the 2027 Annual Meeting.

• Advisory vote to approve executive compensation (Say-on-Pay).

• Ratification of Ernst & Young LLP as independent auditor for 2026.

• Approval of the 2026 Employee Stock Purchase Plan.

• Stockholder proposal to allow action by written consent, which the Board recommends voting against.

Board of directors and corporate governance

• Board is 92% independent, with diverse backgrounds: 4 female, 1 Hispanic/Latino, 2 Asian, 1 LGBTQ+, 1 American Indian.

• Directors bring expertise in CEO/CFO roles, global operations, digital technology, and regulated industries.

• Annual election of directors, proxy access, majority vote standard, and right to call special meetings at 10% ownership.

• No poison pill, no supermajority voting, and robust codes of conduct.

• Board committees (Audit, Compensation, Compliance, Corporate Governance) are fully independent.

• Board oversees sustainability strategy and human capital management.