Archer Daniels Midland Company (ADM) Proxy Filing summary

Executive summary

• Achieved $85.5B in revenue, $4.2B in total segment operating profit, and $4.74 adjusted EPS in 2024, despite external headwinds and market volatility.

• Returned $3.3B to stockholders via dividends and share repurchases, with a 52nd consecutive year of dividend increases.

• Focused on cost management, internal controls, and organic investment in growth segments for 2025.

• Advanced sustainability initiatives, including regenerative agriculture and energy efficiency projects.

Voting matters and shareholder proposals

• Election of 12 directors for a one-year term, including a new independent director.

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

• Ratification of Ernst & Young LLP as independent auditors for 2025.

• Stockholder proposal to remove the one-year holding period to call a special meeting, which the Board recommends voting against.

Board of directors and corporate governance

• Board consists of 12 members, 92% independent, with diverse skills and backgrounds.

• Ongoing board refreshment, with four new independent directors since 2021.

• Lead Director provides independent oversight; annual board and committee evaluations conducted.

• Majority vote standard for director elections and proxy access rights for stockholders.