Chipotle (CMG) Proxy Filing summary

Executive summary

• Annual meeting scheduled for June 11, 2025, to be held virtually for shareholder participation.

• Shareholders are invited to vote on key proposals, including director elections, executive compensation, auditor ratification, and a shareholder proposal.

Voting matters and shareholder proposals

• Election of nine directors, with all nominees recommended by the board.

• Advisory vote on executive compensation ("say on pay") recommended for approval.

• Ratification of Ernst & Young LLP as independent auditor for fiscal year ending December 31, 2025.

• Shareholder proposal requesting an independent board chair, with board recommending a vote against.

Board of directors and corporate governance

• Nine director nominees listed for election at the annual meeting.

• Board recommends all nominees for election.