Atlanta Braves Holdings (BATRK) Proxy Filing summary

Executive summary

• The company, through Braves Holdings, owns the Atlanta Braves MLB team and The Battery Atlanta mixed-use development, reporting $663 million in revenue for 2024, a 3% increase, and 3.1 million tickets sold with 26 sellouts.

• 2024 marked the second year as a stand-alone entity post-split from Liberty Media, with a transition of management and administrative services to Atlanta-based executives in August 2024.

• The company emphasizes community engagement through the Atlanta Braves Foundation, focusing on sports, health, and education across six states.

Voting matters and shareholder proposals

• Shareholders will vote on electing Terence F. McGuirk and Diana M. Murphy as Class II directors until 2028 and ratifying KPMG LLP as independent auditors for 2025.

• The board unanimously recommends voting for all director nominees and the auditor ratification.

• Only Series A and B common stockholders are eligible to vote; Series C holders have no voting rights except as required by law.

• Proposals for the 2026 annual meeting must be submitted by December 25, 2025, for inclusion in proxy materials.

Board of directors and corporate governance

• The board consists of four directors across three classes, with 75% being independent.

• Directors bring expertise in media, finance, and strategic planning; diversity in gender and background is highlighted.

• The board is classified, with three-year terms to promote long-term focus and continuity.

• Committees include Audit, Compensation, and Nominating and Corporate Governance, all chaired by independent directors.

• Proxy and voting agreements give Mr. McGuirk control over 44.1% of voting power via Series B shares.