UFP Technologies (UFPT) Proxy filing summary

Executive summary

• Annual Meeting scheduled for June 4, 2026, will be held virtually with voting on director elections, executive compensation, and auditor ratification.

• Seven directors are nominated for election to serve until the 2027 Annual Meeting.

• CEO transition planned: R. Jeffrey Bailly to retire as CEO and become Executive Chairman; Mitchell C. Rock to become CEO effective June 4, 2026.

• Proxy materials, annual report, and voting instructions are available online.

Voting matters and shareholder proposals

• Proposals include election of seven directors, advisory vote on executive compensation, and ratification of Grant Thornton LLP as independent auditor.

• Board recommends voting FOR all nominees and proposals.

• Shareholders may submit proposals for the 2027 meeting by specified deadlines and procedures.

Board of directors and corporate governance

• 85.7% of director nominees are independent; all board committees are fully independent.

• Board diversity includes 29% women; Lead Independent Director presides over executive sessions.

• Board structure separates Executive Chairman and CEO roles; Lead Independent Director ensures balance.

• Annual election of all directors; no shareholder rights plan in place.

• Board and committee charters, governance guidelines, and codes of ethics are reviewed annually.