Starbucks (SBUX) Proxy Filing summary

Executive summary

• Annual meeting scheduled for March 25, 2026, with virtual participation available for shareholders.

• Shareholders are invited to vote on director elections, executive compensation, auditor ratification, and several shareholder proposals.

Voting matters and shareholder proposals

• Election of 11 directors, all recommended by the board.

• Advisory vote on executive compensation (say-on-pay) recommended for approval.

• Ratification of Deloitte & Touche LLP as independent auditor for fiscal year 2026.

• Shareholder proposals include replacing supermajority with majority voting, adopting an independent board chair, and various reports on healthcare, compensation gaps, diagnostic tools, and charitable exclusions; board recommends voting against all shareholder proposals.

Board of directors and corporate governance

• Board recommends all director nominees for election.

• Shareholder proposal seeks adoption of an independent board chair policy.