Berkshire Hathaway (BRKB) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 3, 2025, with voting on director elections and eight shareholder proposals.

• Record date for voting is March 5, 2025; shareholders can vote online, by mail, phone, or in person.

• Proxy materials and annual report are available online for shareholder review.

Voting matters and shareholder proposals

• Shareholders will vote on the election of 13 directors and eight shareholder proposals covering topics such as environmental reporting, executive pay ratio disclosure, civil rights/non-discrimination, racial discrimination audit, board oversight of diversity, clean energy financing ratio disclosure, and the creation of an AI risk committee.

• The Board recommends voting against all shareholder proposals, providing detailed rationales for each.

Board of directors and corporate governance

• Board consists of 13 nominees, with a mix of long-serving and newer members, including Warren E. Buffett as Chairman and CEO.

• Recent amendment to governance guidelines sets an age limit of 80 for director reelection, with exceptions for the CEO and major shareholders.

• Majority of directors are independent; independence determined per SEC and NYSE standards.

• Board leadership structure includes a lead independent director and a focus on succession planning.

• Board committees include Audit and Governance, Compensation and Nominating Committees, with charters and policies available online.

• Code of Business Conduct and Ethics applies to all directors, officers, and employees.