Littelfuse (LFUS) Proxy Filing summary

Executive summary

• The annual meeting will be held virtually on April 24, 2025, with shareholders voting on director elections, executive compensation, and auditor ratification.

• Shareholders of record as of February 26, 2025, are entitled to vote; voting can be done online, by phone, or by mail.

• The proxy statement and annual report are available online, with efforts to reduce environmental impact by encouraging digital access.

Voting matters and shareholder proposals

• Shareholders will vote to elect eight directors for one-year terms, approve executive compensation (say-on-pay), and ratify Deloitte & Touche LLP as independent auditors for 2025.

• Proxy access allows groups holding at least 3% of shares for three years to nominate directors.

• Shareholder proposals for the 2026 meeting must be received by November 13, 2025.

Board of directors and corporate governance

• The board consists of nine members, with eight standing for re-election; one director is retiring.

• Eight directors are independent; the board has a lead independent director and a separate chairman and CEO.

• The board emphasizes diversity, with recent appointments increasing female and minority representation.

• Four standing committees: Audit, Compensation, Nominating and Governance, and Technology.

• Annual board and committee self-evaluations are conducted.