Garmin (GRMN) Proxy Filing summary

Executive summary

• Annual General Meeting scheduled for June 6, 2025, in Zurich, Switzerland, with voting open until June 5, 2025, 11:59 PM ET.

• Shareholders can access proxy materials and annual report online or request paper/email copies.

• Voting can be conducted online, by phone, or by mail, with electronic delivery encouraged to reduce costs.

Voting matters and shareholder proposals

• Approval of 2024 Annual Report and consolidated/statutory financial statements for the year ended December 28, 2024.

• Approval of appropriation of available earnings and payment of a $3.60 per share cash dividend in four installments.

• Discharge of Board and Executive Management from liability for fiscal year 2024.

• Re-election of six directors and Executive Chairman, and four Compensation Committee members.

• Ratification of Ernst & Young LLP as independent auditor for fiscal year ending December 27, 2025.

• Advisory votes on executive compensation, Swiss Statutory Compensation Report, and Non-Financial Matters Report.

• Binding votes on maximum aggregate compensation for Executive Management (FY 2026) and Board of Directors (2025-2026 period).

• Renewal of Capital Band and provision for other business as may arise.

Board of directors and corporate governance

• Board recommends voting FOR all proposals and nominees.

• Six directors and Executive Chairman up for re-election, with specific nominees listed.

• Four Compensation Committee members up for re-election.