MGE Energy (MGEE) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 20, 2025, with virtual participation available for shareholders.

• Shareholders are encouraged to review proxy materials and vote by May 19, 2025, or May 15, 2025, for plan-held shares.

Voting matters and shareholder proposals

• Election of three Class III directors: Daniel J. Kelly, James L. Possin, and Noble L. Wray, all recommended for approval.

• Ratification of PricewaterhouseCoopers LLP as independent auditor for 2025 recommended.

• Advisory vote on executive compensation for named executive officers recommended for approval.

• Proxies have discretion to vote on other business arising at the meeting.

Board of directors and corporate governance

• Board recommends all director nominees for election to Class III positions.