Consolidated Water (CWCO) Proxy filing summary

Executive summary

• Supplemental proxy materials address Proposal 2: approval of the 2027 Employee Stock Incentive Plan for the annual meeting on June 1, 2026.

• The 2027 Plan authorizes 500,000 shares (3.1% of outstanding shares) for non-executive, non-director employees only.

• The plan aims to attract, retain, and motivate employees, aligning their interests with shareholders.

• The Board unanimously recommends voting in favor of the 2027 Plan.

Voting matters and shareholder proposals

• Proposal 2 seeks approval of the 2027 Employee Stock Incentive Plan, limited to non-executive, non-director employees.

• The Board unanimously recommends a FOR vote on Proposal 2.

Executive compensation and say-on-pay

• 50% of CEO equity compensation is performance-conditioned with a three-year measurement period.

• CEO pay is below peer median (0.74x one-year, 0.79x three-year average).

• 2025 say-on-pay proposal received approximately 95% shareholder support.