Smith & Wesson Brands (SWBI) Proxy filing summary

Executive summary

• Annual meeting scheduled for September 15, 2026, to be held virtually; record date is July 24, 2026.

• Key accomplishments in fiscal 2026: net sales of $523.8M (up 10.4%), $114.2M cash from operations, $23.2M in dividends, $60M debt repayment, and opening of Smith & Wesson Academy.

• Board recommends voting FOR all proposals: election of directors, advisory vote on executive compensation, and ratification of KPMG LLP as auditor.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of six directors, (2) advisory say-on-pay for executive compensation, (3) ratification of KPMG LLP as independent auditor for fiscal 2027.

• Board recommends FOR all director nominees and proposals.

• Shareholder proposals or director nominations for 2027 must be submitted between May 18 and June 17, 2027.

Board of directors and corporate governance

• Board consists of six nominees, five of whom are independent; two-thirds joined since 2018.

• Committees: Audit, Compensation, Nominations and Corporate Governance (NCG); Sustainability Committee dissolved April 30, 2026.

• Board refreshment emphasized; no mandatory retirement age or term limits.

• Proxy access allows stockholders (3%+ ownership for 3 years) to nominate up to 20% of the board.

• Directors may not serve on more than three other public company boards.