TriMas (TRS) investor relations material

Executive summary

• The 2026 Annual Meeting will be held virtually on May 20, 2026, with shareholders voting on director elections, auditor ratification, and executive compensation approval.

• The Board recommends voting for all proposals: electing two directors, ratifying Deloitte as auditor, and approving executive compensation on an advisory basis.

• The company completed a major strategic transformation in 2025, including the divestiture of TriMas Aerospace for $1.45 billion, and reported strong financial results with net income of $120.1 million and $117.5 million in operating cash flow.

• Significant leadership changes occurred in 2025, including the appointment of a new CEO and CFO.

Voting matters and shareholder proposals

• Shareholders will vote to elect two directors to serve until 2029, ratify Deloitte as the independent auditor for 2026, and approve executive compensation on a non-binding basis.

• The Board recommends voting for all proposals.

• Shareholders can vote online, by phone, by mail, or during the virtual meeting.

Board of directors and corporate governance

• The Board will be reduced to eight members after the meeting, with eight of nine directors currently independent.

• Board committees (Audit, Compensation, Governance and Nominating, Strategy and Investment) are composed exclusively of independent directors.

• Regular executive sessions are held without management, and annual self-evaluations are conducted.

• Directors are subject to a mandatory retirement age of 75 (with exceptions for long-serving members).

• The Board separates the roles of Chair and CEO for independent oversight.