Cullen/Frost Bankers (CFR) Proxy filing summary

Executive summary

• Annual meeting scheduled for April 29, 2026, at Frost Tower Conference Center in San Antonio, Texas.

• Shareholders of record as of March 4, 2026, are eligible to vote on key proposals.

• Proxy materials, including the notice, proxy statement, and annual report, are available online and by request.

Voting matters and shareholder proposals

• Election of 14 director nominees for a one-year term expiring at the 2027 annual meeting.

• Advisory (nonbinding) vote on executive compensation (say-on-pay).

• Ratification of Ernst & Young LLP as independent auditors for the fiscal year beginning January 1, 2026.

• Provision to transact any other business that may properly come before the meeting.

Board of directors and corporate governance

• Board recommends voting in favor of all three main proposals.

• Detailed list of 14 director nominees provided for election.