O-I Glass (OI) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 13, 2026, with virtual attendance and voting options for shareholders as of March 18, 2026.

• Key agenda items: election of 10 directors, ratification of Ernst & Young LLP as auditor for 2026, and advisory vote on executive compensation for 2025.

• Company executed its Value Creation Roadmap, achieving $300 million in cost benefits in 2025 and exceeding original targets.

• Strategic focus on cost reduction, profitable growth, and exploring new opportunities while maintaining a strong balance sheet.

Voting matters and shareholder proposals

• Shareholders will vote on the election of 10 directors for one-year terms, ratification of Ernst & Young LLP as independent auditor, and a non-binding advisory vote on executive compensation.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of 10 nominees with diverse backgrounds in global business, finance, manufacturing, and governance.

• Independent Board Chair role separated from CEO since 2016; John Humphrey currently serves as Independent Board Chair.

• All directors except the CEO are independent under NYSE standards.

• Board and committees conduct annual self-evaluations and maintain stock ownership guidelines for directors.

• Three standing committees: Audit, Compensation and Talent Development, and Nominating/Corporate Governance.