Illinois Tool Works (ITW) AGM 2026 summary

Opening remarks and agenda

• The meeting was conducted virtually to ensure accessibility and equal participation rights for all stockholders.

• The agenda included voting on proposals, a company update, and a Q&A session for validated stockholders.

• Inspector of Election and executive leadership team were introduced, and a quorum was confirmed with 90% of shares represented.

Board and executive committee updates

• Thirteen director nominees were introduced, including experienced leaders from various industries.

• The executive leadership team, including the CEO, CFO, and other senior executives, was recognized.

Shareholder proposals

• A non-binding proposal was presented to require directors who fail to receive a majority vote to leave the board within nine months.

• The board recommended voting against this proposal, emphasizing reasons outlined in the proxy statement.