News/SEC filing/Mar 12, 2026

Applied shareholders re-elect all ten directors and approve executive pay at March 12 meeting

All ten director nominees were elected to one-year terms at Applied's annual meeting on March 12, 2026. Shareholders approved the advisory say-on-pay vote on fiscal 2025 executive pay, and they ratified KPMG as the auditor for fiscal 2026. The vote is routine for a company of this size, but the say-on-pay tally of 41.5 million votes against shows some shareholder pushback.

  • All ten nominees elected to one-year terms
  • Say-on-pay approved: 552.5 million for, 41.5 million against
  • KPMG ratified for fiscal 2026: 636.4 million for, 46.8 million against
  • Dickerson received 590.1 million for, 8.4 million against
Source
SEC Form 8-K, Item 5.07
Mar 12, 2026
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