Formula One Group (FWONA) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 11, 2026, to be held virtually, with voting on key proposals including director elections, auditor ratification, corporate conversion to Nevada, and potential adjournment.

• 2025 saw record financial and operational performance in Formula 1 and MotoGP, including revenue growth, new partnerships, and expanded global reach.

• Completed the split-off of Liberty Live Group, eliminating the tracking stock structure.

Voting matters and shareholder proposals

• Four main proposals: election of three Class I directors, ratification of KPMG LLP as auditor, approval of conversion to a Nevada corporation, and authorization to adjourn the meeting if necessary.

• Board unanimously recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be submitted by November 27, 2026, for inclusion in proxy materials.

Board of directors and corporate governance

• Board consists of eight directors divided into three classes, with a majority being independent.

• Separate Chairman and CEO roles; strong governance practices include succession planning, whistleblowing channels, and published policies.

• Board committees (audit, compensation, nominating/governance, executive) are fully independent.

• Board classified structure supports long-term focus and continuity.