Camden National (CAC) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on May 19, 2026, with shareholders able to vote online, by phone, mail, or during the meeting using a control number.

• Shareholders of record as of March 25, 2026, are entitled to vote on all matters, with 16,976,156 shares outstanding.

• The Board recommends voting FOR all director nominees, executive compensation, and the ratification of the external auditor.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of eleven directors for one-year terms, (2) a non-binding advisory vote on executive compensation (Say-on-Pay), and (3) ratification of RSM US LLP as independent auditor for 2026.

• Shareholder proposals and director nominations for the 2027 meeting must be submitted by specified deadlines in early 2027.

Board of directors and corporate governance

• The Board consists of eleven nominees, with 91% independence, 45% female, and an average tenure of 9 years.

• The Board has five standing committees: Audit, Compensation, Corporate Governance and Risk, Capital Planning, and Technology.

• The Chair of the Board is an independent director, and the roles of Chair and CEO are separated.

• Directors are subject to mandatory retirement at age 75 and must meet enhanced stock ownership guidelines.