U.S. Bancorp (USB) Proxy Filing summary

Executive summary

• Annual meeting scheduled for April 21, 2026, with virtual participation available for shareholders.

• Shareholders are encouraged to review proxy materials and vote by April 20, 2026, or April 16, 2026, for plan-held shares.

Voting matters and shareholder proposals

• Election of 12 directors is on the agenda, with each nominee recommended by the board.

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

• Ratification of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026.

• Other business may be addressed as appropriate during the meeting.

Board of directors and corporate governance

• Twelve director nominees are listed for election, reflecting board continuity and diversity.