WEC Energy Group (WEC) AGM 2025 summary

Opening remarks and agenda

• Meeting convened with over 88% of outstanding shares represented, establishing a quorum.

• Rules of conduct and proxy materials were made available to all participants.

• The agenda included formal business, voting on proposals, and a Q&A session.

Shareholder proposals

• Six proposals were presented, including election of directors, auditor ratification, executive compensation, amendments to eliminate supermajority voting, and a stockholder proposal for simple majority voting.

• The stockholder proposal for simple majority voting was advocated as a backup if board proposals to eliminate supermajority voting failed.

• The board recommended voting against the stockholder proposal for simple majority voting.

Overview of voting outcomes

• All director nominees were elected for one-year terms.

• Deloitte & Touche was ratified as independent auditors for 2025.

• Advisory vote on executive compensation passed.

• Proposals to eliminate supermajority voting in articles and bylaws did not pass.

• Stockholder proposal for simple majority voting did not pass.