Friedman Industries (FRD) Proxy filing summary

Executive summary

• Annual Meeting scheduled for September 22, 2026, with four key proposals for shareholder vote.

• Record date for voting is July 27, 2026, with 7,212,791 shares eligible to vote.

• Proxy materials and annual report are available online for shareholder review.

Voting matters and shareholder proposals

• Election of six director nominees to serve until the next annual meeting.

• Advisory (non-binding) vote on executive compensation (Say-on-Pay).

• Ratification of Baker Tilly US, LLP as independent auditor for fiscal year ending March 31, 2027.

• Amendment to Articles of Incorporation to allow shareholders to amend bylaws with a 75% supermajority.

• Shareholder proposals for the 2027 meeting must be received by April 7, 2027.

Board of directors and corporate governance

• Board to be reduced from seven to six members following a director retirement.

• Five of six nominees are independent; all board committees consist solely of independent directors.

• Board leadership combines Chairman and CEO roles; independent directors meet in executive session at least annually.

• Nominating Committee considers diversity of perspectives and qualifications in director selection.