YETI (YETI) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 1, 2025, to be held virtually, with voting on director elections, executive compensation, and auditor ratification.

• Proxy materials are primarily distributed online to support conservation and reduce costs.

• Forward-looking statements caution that actual results may differ due to various risks and uncertainties.

Voting matters and shareholder proposals

• Shareholders will vote on electing three Class I directors for terms expiring in 2028.

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

• Ratification of PricewaterhouseCoopers LLP as independent auditor for fiscal year ending January 3, 2026.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board currently consists of eight directors, seven of whom are independent; will expand to ten with new appointments.

• Board committees: Audit, Compensation, and Nominating & Governance, each with defined responsibilities and independent members.

• Annual board and committee self-assessments, overboarding policy, and robust code of business conduct in place.

• Board refreshment efforts include recent cooperation agreement with Engaged Capital and new director appointments.