The York Water Company (YORW) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 5, 2025, to vote on four key proposals, including director elections, auditor ratification, executive compensation, and a new long-term incentive plan.

• Shareholders can vote by mail, phone, internet, or in person; record date is February 28, 2025.

• Proxy materials distributed via mail and electronic access, with solicitation costs covered by the company.

Voting matters and shareholder proposals

• Four directors nominated for three-year terms; plurality voting applies, with a majority voting policy for uncontested elections.

• Ratification of Baker Tilly US, LLP as independent auditor for 2025.

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

• Adoption of the 2025 Long-Term Incentive Plan, increasing available shares and updating plan features.

• Shareholder proposals for the 2026 meeting must be submitted by November 25, 2025.

Board of directors and corporate governance

• Board consists of 8–12 directors in staggered three-year terms, with a mandatory retirement age of 75.

• Majority of directors are independent per NASDAQ standards; independence reviewed annually.

• Board committees: Executive, Audit, Compensation and Human Capital, and Nomination and Corporate Governance, all with independent members.

• Regular executive sessions held by independent directors; annual board and committee evaluations.

• Stock ownership guidelines require directors and CEO to hold shares valued at three times their retainer or salary.