Daktronics (DAKT) Proxy filing summary

Executive summary

• Annual meeting scheduled for September 16, 2026, with proxy materials available online and by mail, emphasizing cost savings and environmental benefits.

• Shareholders of record as of July 20, 2026, are eligible to vote on director elections, executive compensation, and auditor ratification.

• Board recommends voting in favor of all proposals and highlights the importance of shareholder participation.

Voting matters and shareholder proposals

• Three proposals: election of two directors for three-year terms, advisory approval of executive compensation, and ratification of Deloitte & Touche LLP as independent auditor for fiscal 2027.

• Board unanimously recommends voting “FOR” all proposals.

• Shareholders can submit proposals for the 2027 meeting by March 30, 2027, and director nominations via proxy access between February 28 and March 30, 2027.

Board of directors and corporate governance

• Board consists of 10 members with staggered terms; majority are independent as defined by Nasdaq rules.

• Board leadership is separated between Chair (an independent director) and CEO.

• Five standing committees: Audit, Compensation, Nominating and Governance, Strategy and Risk, and Strategic Transactions.

• Board diversity is prioritized, focusing on diversity of thought and experience.

• Annual self-evaluations and stock ownership guidelines for directors and executives are in place.