Southwest Airlines (LUV) investor relations material

Opening remarks and agenda

• Meeting commenced virtually with board members, CEO, and Inspector of Election present.

• Agenda, proxy statement, annual report, and meeting rules were made available to attendees.

Corporate governance

• Notice and proxy materials were distributed to all shareholders of record starting March 27, 2026.

• Quorum was established with a majority of shares represented in person or by proxy.

Shareholder proposals

• Three proposals were presented: election of directors, advisory vote on executive compensation, and ratification of auditors.

• No questions were submitted regarding the proposals or the auditors.