Signet Jewelers (SIG) Proxy filing summary

Executive summary

• The board focused on advancing strategic goals amid a volatile macroeconomic environment, launching the Grow Brand Love strategy to consolidate brands and improve operations, resulting in sales growth and profitability improvements over the prior year.

• Board structure was enhanced with a new Technology Committee and a combined Governance, Nominations & Sustainability Committee, reflecting increased focus on technology, digital innovation, and sustainability.

• Board refreshment continued with the appointment of a new director and the planned departure of a long-serving member, emphasizing skills, independence, and diversity.

Voting matters and shareholder proposals

• Shareholders will vote on the election of eleven directors, appointment of KPMG LLP as independent auditor, and a non-binding advisory vote on executive compensation (Say-on-Pay).

• The board recommends voting FOR all proposals.

• The meeting will be held virtually, and shareholders can vote electronically before or during the meeting.

Board of directors and corporate governance

• All directors except the CEO are independent; the board is diverse in gender, ethnicity, and background, with a skills matrix reviewed annually.

• The roles of Chair and CEO are separate, and the board maintains a formal succession plan.

• Board committees include Audit, Finance, Governance, Nominations & Sustainability, Human Capital Management & Compensation, and Technology, all chaired by independent directors.

• Annual board and committee evaluations are conducted, with recent enhancements to the evaluation process.

• Director compensation was increased for the first time since 2022, with updated retainers and share ownership requirements.