Arrow shareholders approve governance changes, remove supermajority requirements; all directors elected

on May 12, 2026, the Board of Directors (the “Board”) of Arrow approved and adopted Amended and Restated By-laws (the “Amended and Restated By-laws”), that became effective immediately.

Arrow’s shareholders approved two proposals to amend and restate Arrow’s Restated Certificate of Incorporation to (a) remove certain supermajority requirements contained therein and implement other clarifying and ministerial changes, and (b) override default supermajority requirements under the New York Business Corporation Law.

Proposal 3: Advisory Vote to Approve Named Executive Officer Compensation Arrow’s shareholders approved, on an advisory basis, the compensation paid to Arrow’s named executive officers as described in the Proxy Statement. The proposal was passed by the shareholders with 43,272,427 shares voting for, 2,838,378 shares voting against, 153,736 shares abstaining, and 1,965,277 broker non-votes.

Proposal 1: Election of Directors Arrow’s shareholders elected eight directors to the Board, each to hold office for a term of one year, expiring at Arrow’s 2027 annual meeting of shareholders and until his or her successor has been elected and qualified. The voting results for each nominee were as follows: Board Member For Withheld Broker Non-votes William F. Austen 45,947,757 316,784 1,965,277 Lawrence (Liren) Chen 45,903,428 361,113 1,965,277 Steven H. Gunby 44,949,250 1,315,291 1,965,277 Michael D. Hayford 45,906,596 357,945 1,965,277 Andrew C. Kerin 42,473,524 3,791,017 1,965,277 Carol P. Lowe 45,443,369 821,172 1,965,277 Mary T. McDowell 45,110,376 1,154,165 1,965,277 Gerry P. Smith 45,274,670 989,871 1,965,277

Proposal 5: Arrow Proposal to Provide Shareholders with the Ability to Call a Special Shareholder Meeting at a 25% Ownership Threshold Arrow’s shareholders approved an Arrow proposal to provide shareholders with the ability to call a special meeting at a 25% ownership threshold. The proposal was passed by the shareholders with 33,833,051 shares voting for, 8,631,444 shares voting against, 3,800,046 shares abstaining, and 1,965,277 broker non-votes.

Proposal 6: Shareholder Proposal to Provide Shareholders with the Ability to Call a Special Shareholder Meeting at a 10% Ownership Threshold Arrow’s shareholders did not approve a shareholder proposal to provide shareholders with the ability to call a special meeting at a 10% ownership threshold. The shareholders did not pass the proposal, with 17,059,659 shares voting for, 29,060,764 shares voting against, 144,118 shares abstaining, and 1,965,277 broker non-votes.

Arrow’s shareholders approved amendments to Arrow’s Restated Certificate of Incorporation to remove certain provisions requiring a supermajority vote of shareholders. The proposal was passed by the shareholders with 46,117,978 shares voting for, 42,451 shares voting against, 104,112 shares abstaining, and 1,965,277 broker non-votes.

Arrow’s shareholders also approved amendments to Arrow’s Restated Certificate of Incorporation to override default supermajority requirements under the New York Business Corporation Law. The proposal was passed by the shareholders with 46,115,170 shares voting for, 44,511 shares voting against, 104,860 shares abstaining, and 1,965,277 broker non-votes.

Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm Arrow’s shareholders ratified the appointment of Ernst & Young LLP as Arrow’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The appointment was ratified with 45,228,763 shares voting for, 2,896,560 shares voting against, and 104,495 shares abstaining.