Cabot (CBT) Proxy Filing summary

Executive summary

• Annual meeting scheduled for March 12, 2026, to be held virtually; shareholders will vote on director elections, executive compensation, and auditor ratification.

• Board recommends voting for all proposals, including the election of three directors, advisory approval of executive compensation, and ratification of Deloitte & Touche LLP as auditor.

• Proxy materials distributed via internet to promote environmental responsibility; shareholders can request paper copies.

• Forward-looking statements address business strategies, growth opportunities, and risk factors, with caution regarding uncertainties.

Voting matters and shareholder proposals

• Shareholders will elect three directors for terms expiring in 2029, approve executive compensation in an advisory vote, and ratify the appointment of Deloitte & Touche LLP as independent auditor for fiscal 2026.

• Board recommends voting for all three proposals.

• Procedures for submitting shareholder proposals and director nominations for the 2027 meeting are outlined, with specific deadlines.

Board of directors and corporate governance

• Board reduced from eleven to nine members after the meeting; all directors except the CEO are independent.

• Board committees (Audit, Compensation, Governance, SHE & S) are fully independent and oversee key areas including risk, compensation, and sustainability.

• Board diversity emphasized, with one-third women and one-third ethnically diverse members.

• Board refreshment ongoing, with three new directors in the last four years.

• Non-Executive Chair leads the board, with clear separation from CEO responsibilities.