KKR (KKR) Proxy Filing summary

Executive summary

• Transitioning to a one share, one vote structure by December 31, 2026, to align with S&P 500 governance standards.

• Board reviewed and proposed amendments to modernize and streamline governing documents and remove legacy partnership provisions.

• Focus on long-term stockholder value creation, with strong stock performance over 3, 5, and 15-year periods.

• Board oversees strategy across diversified business segments, emphasizing transparency and accountability.

Voting matters and shareholder proposals

• Proposal to eliminate 90% supermajority voting requirement, moving to majority voting for all Charter provisions.

• Proposal to require all stockholder actions to occur at meetings, eliminating written consent.

• Proposal granting Board sole authority to fill director vacancies until annual meeting elections.

• Proposal to allow Board to fix its size and remove redundant legacy provisions.

• Proposal to permit adjournment of the special meeting for up to 30 days to solicit additional proxies if needed.

Board of directors and corporate governance

• Board has maintained a majority of independent directors since 2010, ahead of NYSE requirements.

• Board actively oversees strategy and culture, supporting expansion into asset management, insurance, and strategic holdings.