IQVIA (IQV) Proxy Filing summary

Executive summary

• Achieved $16.3B in revenue for 2025, up 5.9% from 2024, with Adjusted EBITDA of $3.8B and Free Cash Flow of $2.1B, despite macroeconomic and industry headwinds.

• Invested $1.8B in strategic acquisitions and returned $1.2B to shareholders via share repurchases; refinanced over $6B in debt, strengthening capital structure.

• Recognized for innovation and leadership, including top rankings in Fortune, TIME, and Forbes, and multiple industry awards for AI, talent development, and sustainability.

• Maintained favorable attrition rates (10.5%), high employee engagement, and advanced AI upskilling initiatives with over 230,000 employee engagements.

Voting matters and shareholder proposals

• Board recommends FOR all director nominees, executive compensation (say-on-pay), ratification of PricewaterhouseCoopers LLP as auditor, and the 2026 Incentive and Stock Award Plan.

• Board recommends AGAINST a shareholder proposal to require an independent Board Chairman, citing flexibility and strong governance as reasons.

Board of directors and corporate governance

• Board is 89% independent, with annual elections and a Lead Independent Director; all committees are fully independent.

• Recent board refreshment includes the addition of Nobel Laureate Dr. William G. Kaelin Jr., addressing shareholder feedback for more scientific expertise.

• Enhanced governance practices: majority voting, proxy access, no supermajority requirements, two clawback policies, and prohibition on hedging/pledging.

• Active stockholder engagement, with meetings representing 57% of outstanding shares in 2025.