Xcel Energy (XEL) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 20, 2026, at 12:00 p.m. Central Time, to be held virtually.

• Shareholders are invited to vote on key proposals, including director elections, executive compensation, and auditor ratification.

Voting matters and shareholder proposals

• Election of ten directors, with all nominees recommended by the board.

• Advisory vote on executive compensation (say-on-pay) is up for approval.

• Ratification of Deloitte & Touche LLP as the independent registered public accounting firm for 2026.

Board of directors and corporate governance

• Board recommends all director nominees for election at the annual meeting.

• Director nominees include Megan Burkhart, Lynn Casey, Maria Demaree, Bob Frenzel, Netha Johnson, Patricia Kampling, George Kehl, Charles Pardee, Devin Stockfish, and Timothy Welsh.