DraftKings (DKNG) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held virtually on May 12, 2026, with shareholders able to vote online, by phone, or by mail.

• Shareholders of record as of March 19, 2026, are entitled to vote on the election of eleven directors, ratification of the independent auditor, and a non-binding advisory vote on executive compensation.

• Jason D. Robins, CEO and Chairman, holds approximately 88% of total voting power, effectively assuring passage of all board-recommended proposals.

• The company reported 27% year-over-year revenue growth in 2025, reaching $6.1 billion, and improved profitability driven by operating leverage and efficiency initiatives.

• New product launches included DraftKings Predictions and expanded offerings in Sportsbook and Casino, with continued investment in responsible gaming and corporate responsibility.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of eleven directors, (2) ratification of BDO USA, P.C. as independent auditor for 2026, and (3) a non-binding advisory vote on executive compensation.

• The board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be submitted by November 26, 2026, for inclusion in the proxy statement.

Board of directors and corporate governance

• The board consists of eleven directors, with a majority classified as independent under NASDAQ standards.

• Board committees include audit, compensation, nominating and corporate governance, compliance and risk, and transaction committees.

• The CEO also serves as Chairman; there is no lead independent director.

• Directors are elected annually; all attended at least 75% of meetings in 2025.

• The company qualifies as a "controlled company" under NASDAQ rules due to CEO's voting power but maintains a majority-independent board and fully independent key committees.