Graco 2026 Annual Meeting: director elected despite 21% opposition; Say-on-Pay passes with 68% support

GRACO INC

Martha Morfitt elected with 106.9M for (78.8%) vs 28.8M against; other three directors each received >95% approval.
Ratification of Deloitte as auditor for fiscal 2026 approved by 94.2% of votes cast (136.9M for, 8.5M against).
Advisory Say-on-Pay passed with 68.4% support (92.7M for, 42.8M against); committee will engage with shareholders on compensation concerns.
Broker non-votes were 9.6M on director elections and the compensation vote, reflecting routine procedural abstentions.

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