MGE Energy annual meeting elects three Class I directors, approves auditor and advisory say-on-pay

MGE ENERGY INC

Shareholders elected James Berbee, Londa Dewey, Angela Rieger as Class I directors (terms through 2029).
Ratified PricewaterhouseCoopers LLP as independent auditor for 2026 (25.5M for, 531k against).
Advisory vote on executive compensation approved (20.1M for, 1.17M against, 500k abstain).
Voting limitation under amended articles applied to two holders with >10% of outstanding stock.
All three proposals passed with strong shareholder support.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

MGE ENERGY INC shareholders approved Election of three Class I Directors with terms of office expiring at the 2029 annual meeting of shareholders at the 2026-05-19 meeting.

Proposal: director election
Outcome: passed
Meeting: 2026-05-19

Exact text from the filing

1. Election of three Class I Directors with terms of office expiring at the 2029 annual meeting of shareholders . For Votes Against Votes Abstained Broker Non-Votes James G. Berbee 21,071,638 451,915 247,806 4,534,547 Londa J. Dewey 20,822,325 674,656 274,378 4,534,547 Angela S. Rieger 21,179,826 330,755 260,778 4,534,547

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

MGE ENERGY INC shareholders approved Ratification of selection of PricewaterhouseCoopers LLP to serve as the company's independent registered public accounting firm for the year 2026 at the 2026-05-19 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2026-05-19

Exact text from the filing

2. Ratification of selection of PricewaterhouseCoopers LLP to serve as the company's independent registered public accounting firm for the year 2026. For Votes Against Votes Abstained 25,526,278 531,389 248,239

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

MGE ENERGY INC shareholders approved Advisory vote on executive compensation as disclosed in the annual meeting proxy statement at the 2026-05-19 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2026-05-19

Exact text from the filing

3. Advisory vote on executive compensation as disclosed in the annual meeting proxy statement. For Votes Against Votes Abstained Broker Non-Votes 20,105,054 1,166,451 499,854 4,534,547

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63 shareholder votes filed in the last 30 days. Browse all shareholder votes →

MGE ENERGY INC filing history →

Source: SEC EDGAR

accession 0001193125-26-235741

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