Acushnet (GOLF) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on June 2, 2025, with voting on key proposals and director elections.

• Stockholders of record as of April 11, 2025, are eligible to vote on the proposals.

• Magnus Holdings Co., Ltd. controls a majority of voting power and intends to vote in favor of all proposals.

Voting matters and shareholder proposals

• Proposals include election of eight directors, ratification of PwC as auditor, advisory vote on executive compensation, and approval of amendments to the 2015 Omnibus Incentive Plan.

• Board recommends voting FOR all proposals.

• Voting can be done by mail, phone, internet, or during the virtual meeting.

Board of directors and corporate governance

• Board consists of eight members with diverse backgrounds in finance, operations, and consumer products.

• Three standing committees: Audit, Compensation, and Nominating & Corporate Governance, all with independent members.

• Board emphasizes diversity, independence, and regular self-evaluation.

• Controlled company exemption applies, but board maintains majority independent directors and fully independent committees.