Hubbell shareholders approve incentive plan amendment increasing shares by 620k, adopt majority voting standard

HUBBELL INC

• Incentive Award Plan shares increased by 620k to 1,749,789 total; independent director annual grant limit raised from $500k to $1M.
• Change-in-control definition amended to require majority board change instead of 1/3; plan extended to 2035.
• Certificate of incorporation amended to majority voting standard for uncontested director elections; remote shareholder meetings authorized.
• All five proposals passed: directors elected, say-on-pay approved (39.6M votes for), auditor ratified, plan and charter amendments approved.
• No material departure of directors or officers; changes reflect governance and equity plan updates.