Sunrun (RUN) Proxy Filing summary

Executive summary

• Extensive stakeholder outreach in 2023 and 2024 led to enhancements in executive compensation programs.

• Engagement included discussions with 68% of top 50 stockholders, representing 45% of shares outstanding.

• Compensation program changes reflect direct feedback from stockholders and proxy advisors.

Voting matters and shareholder proposals

• Board recommends voting FOR Proposal No. 2 (advisory approval of executive compensation) and FOR Proposal No. 1 (re-election of Class III director nominees).

Board of directors and corporate governance

• Stockholder engagement process now includes participation of an independent board member upon request for investors holding over 1% of shares.

• Board facilitated direct engagement with stockholders ahead of the 2023 annual meeting.