Ultralife (ULBI) Proxy filing summary

Executive summary

• The annual meeting is scheduled for July 22, 2026, in Atlanta, GA, with voting available online, by phone, or by mail.

• Proxy materials are distributed primarily via the internet to reduce environmental impact and costs.

• Forward-looking statements regarding environmental and social goals are included, subject to risks and uncertainties.

Voting matters and shareholder proposals

• Shareholders will vote to elect five directors for a one-year term.

• Proposals include ratification of the independent auditor, a non-binding say-on-pay vote, and a vote on the frequency of future say-on-pay votes.

• Shareholder proposals for the 2027 meeting must be received by January 28, 2027, for inclusion.

Board of directors and corporate governance

• The board consists of five nominees, with a mix of industry, financial, and executive experience.

• All directors except the CEO are independent per NASDAQ standards; the board chair is separate from the CEO.

• Three standing committees: Audit and Finance, Corporate Development and Governance, and Compensation and Management.

• Directors are expected to retire at 70 unless they own more than 5% of shares, in which case the limit is 75.

• Stockholder recommendations for director nominations are considered using established criteria for diversity and expertise.