Leonardo DRS (DRS) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order at 9:00 A.M. with all board members and senior management present.

• Directors standing for re-election were introduced, with brief professional backgrounds shared.

• Administrative procedures and participation guidelines for stockholders were outlined.

Board and executive committee updates

• Board Chair Frances Townsend introduced herself and highlighted her experience in government and finance.

• Each director's background and committee roles were summarized, including audit, governance, and compensation chairs.

• Recognition given to President and CEO John Baylouny for fostering operational speed and agility.

Shareholder proposals

• Election of nine directors to serve until the 2027 annual meeting was presented for vote.

• Advisory vote on executive compensation and ratification of Ernst & Young as independent auditor for 2026 included.