WASTE MANAGEMENT INC — fact timeline

WASTE MANAGEMENT INC shareholders approved Approval to amend and restate the Company’s Employee Stock Purchase Plan to increase the number of shares authorized for issuance at the 2026-05-12 meeting.

“4. Approval to amend and restate the Company’s Employee Stock Purchase Plan to increase the number of shares authorized for issuance: For Against Abstentions Broker Non-Votes 299,089,720 1,363,901 575,310 44,255,352”

WASTE MANAGEMENT INC shareholders approved Approval, on an advisory basis, of the Company’s executive compensation as described in the Company’s 2026 proxy statement at the 2026-05-12 meeting.

“3. Approval, on an advisory basis, of the Company’s executive compensation as described in the Company’s 2026 proxy statement: For Against Abstentions Broker Non-Votes 281,781,929 18,039,768 1,207,234 44,255,352”

WASTE MANAGEMENT INC shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-12 meeting.

“2. Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026: For Against Abstentions 321,725,515 23,078,548 480,220”

WASTE MANAGEMENT INC shareholders approved Election to the Company’s Board of Directors of the following nine director nominees: Thomas L. Bené, Bruce E. Chinn, James C. Fish, Jr., Andrés R. Gluski, Victoria M. Holt, Kathleen M. Mazzarella, Sean E. Menke, William B. Plummer, Maryrose T. Sylvester at the 2026-05-12 meeting.

“1. Election to the Company’s Board of Directors of the following nine director nominees: Broker Name For Against Abstentions Non-Votes Thomas L. Bené 298,076,937 2,679,806 272,188 44,255,352 Bruce E. Chinn 299,224,102 1,530,399 274,430 44,255,352 James C. Fish, Jr. 298,876,351 1,896,186 256,394 44,255,352 Andrés R. Gluski 287,458,467 13,306,133 264,331 44,255,352 Victoria M. Holt 283,356,243 17,430,889 241,799 44,255,352 Kathleen M. Mazzarella 292,290,728 7,907,126 831,077 44,255,352 Sean E. Menke 295,773,278 4,985,161 270,492 44,255,352 William B. Plummer 296,653,894 4,106,490 268,547 44,255,352 Maryrose T. Sylvester 295,508,489 5,090,590 429,852 44,255,352”

John J. Morris, Jr. resigned as Chief Operating Officer at WASTE MANAGEMENT INC.

“Mr. Morris voluntarily resigned from the position of Chief Operating Officer.”

Rafael E. Carrasco departed as Senior Vice President, Enterprise Strategy and President, WM Healthcare Solutions at WASTE MANAGEMENT INC.

“Mr. Rafael E. Carrasco, Senior Vice President, Enterprise Strategy and President, WM Healthcare Solutions of Waste Management, Inc. (the “Company”), provided notice of his decision to retire as of July 17, 2026.”

Tara J. Hemmer was appointed as Executive Vice President and Chief Operating Officer at WASTE MANAGEMENT INC.

“the Company announced that its Board of Directors (the “Board”) has promoted Ms. Tara J. Hemmer to the position of Executive Vice President and Chief Operating Officer, reporting to President John J. Morris, Jr.”

WASTE MANAGEMENT INC reported first quarter of 2026 results: revenue $6,227, net income $723, EPS $1.79. Guidance reaffirmed.

“31, 2026 (in millions, except per share amounts) March 31, 2025 (in millions, except per share amounts) As Reported As Adjusted (a) As Reported As Adjusted (a) Revenue $6,227 $6,227 $6,018 $6,018 Income from Operations $1,113 $1,118 $1,013 $1,059 Operating EBITDA (b) (c) $1,848 $1,853 $1,704 $1,750 Operating EBITDA Margin 29.7% 29.8% 28.3% 29.1%”

WASTE MANAGEMENT INC amended Seventh Amended and Restated Revolving Credit Agreement with Bank of America, N.A. valued at Amendment No. 2 modifies definitions of EBIT and EBITDA to allow add back of equity-based compensati (effective 2026-03-20).

“On March 20, 2026, Waste Management, Inc. (the “ Company ”) entered into Amendment No. 2 (the “ Amendment ”) to its Seventh Amended and Restated Revolving Credit Agreement dated May 8, 2024 (as amended and restated, the “ Credit Agreement ”) among the Company, Waste Management of Canada Corporation and WM Quebec Inc., as the Borrowers, Waste Management Holdings, Inc., as Guarantor, the banks party thereto from time to time, and Bank of America, N.A., as Administrative Agent.”

James C. Fish, Jr. resigned as President at WASTE MANAGEMENT INC.

“Mr. Fish voluntarily resigned from the position of President.”

John J. Morris, Jr. changed role as President at WASTE MANAGEMENT INC.

“On May 14, 2025, Waste Management, Inc. (the “Company”) announced that its Board of Directors (the “Board”) has promoted John J. Morris, Jr. to the position of President, reporting to Chief Executive Officer James C. Fish, Jr.,”

WASTE MANAGEMENT INC completed an acquisition involving Stericycle, Inc. for $62.00 per share in cash (closed 2024-11-04).

“for which appraisal rights were properly demanded in accordance with Section 262 of the General Corporation Law of the State of Delaware) was converted into the right to receive $62.00 per share in cash, without interest and less applicable withholding taxes (the “Merger Consideration”). At the Effective Time, each fully vested and outstanding option to purchase”

WASTE MANAGEMENT INC shareholders approved Approval of an Amendment to the Certificate of Incorporation to Provide for Officer Exculpation.

“4. Approval of an Amendment to the Certificate of Incorporation to Provide for Officer Exculpation: For Against Abstentions Broker Non-Votes 266,220,807 35,233,110 870,182 42,325,852”

WASTE MANAGEMENT INC shareholders approved Approval, on an advisory basis, of the Company’s executive compensation as described in the Company’s 2024 proxy statement.

“3. Approval, on an advisory basis, of the Company’s executive compensation as described in the Company’s 2024 proxy statement: For Against Abstentions Broker Non-Votes 279,746,494 21,569,162 1,008,443 42,325,852”

WASTE MANAGEMENT INC shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-12-31 meeting.

“2. Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024: For Against Abstentions 327,464,750 16,486,752 698,449”

WASTE MANAGEMENT INC shareholders approved Election of nine director nominees.

“1. Election to the Company’s Board of Directors of the following nine director nominees: Name For Against Abstentions Broker Non-Votes Thomas L. Bené 298,944,012 3,021,689 358,398 42,325,852 Bruce E. Chinn 298,749,747 3,215,839 358,513 42,325,852 James C. Fish, Jr. 298,860,021 3,107,616 356,462 42,325,852 Andrés R. Gluski 292,489,565 9,478,223 356,311 42,325,852 Victoria M. Holt 286,998,734 14,975,886 349,479 42,325,852 Kathleen M. Mazzarella 292,298,272 9,669,679 356,148 42,325,852 Sean E. Menke 293,876,225 8,091,150 356,724 42,325,852 William B. Plummer 295,627,666 6,339,435 356,998 42,325,852 Maryrose T. Sylvester 293,209,573 8,778,902 335,624 42,325,852”

WASTE MANAGEMENT INC: Stockholders approved an amendment to the Third Restated Certificate of Incorporation to provide for officer exculpation and to simplify the director exculpation provision by referencing the Delaware General Corporation Law as amended from time to time (effective 2024-05-14).

“At the Annual Meeting of Stockholders of Waste Management, Inc. (the “Company”) held on May 14, 2024 (the “Annual Meeting”), the Company’s stockholders approved an amendment to the Company’s Third Restated Certificate of Incorporation (the “Certificate”) to eliminate or limit the personal liability of certain officers for monetary damages associated with claims of breach of the duty of care in certain instances (referred to as “exculpation”) as permitted by the Delaware General Corporation Law (“DGCL”) and also simplify the existing exculpation provision related to directors of the Company set forth in the Certificate by referring to the DGCL as the same exists or may hereafter be amended instead of specifying each instance where exculpation for directors is currently not available under the DGCL (the “Charter Amendment”).”

WASTE MANAGEMENT INC amended revolving credit of $3.5 billion (plus a $1 billion accordion feature) with Bank of America, N.A., as administrative agent at SOFR plus applicable margin ranging from .585% to 1.025% per annum maturing May 8, 2029.

“extend the term and maintain available revolving credit to serve U.S. and Canadian needs of the Company and its subsidiaries. The total commitment under the Credit Agreement is $3.5 billion (plus a $1 billion accordion feature) and the maturity date is May 8, 2029, with the option to request up to two one-year extensions. Waste Management of Canada Corporation and”

WASTE MANAGEMENT INC amended Credit Agreement with syndicate of banks signatory thereto and Bank of America, N.A., as administrative agent valued at $3.5 billion (plus a $1 billion accordion feature) (effective 2024-05-08).

“On May 8, 2024, Waste Management, Inc. (the “Company”) amended and restated its revolving credit agreement with a syndicate of banks signatory thereto and Bank of America, N.A., as administrative agent (the “Agent”) (the “Credit Agreement") to extend the term and maintain available revolving credit”

WASTE MANAGEMENT INC updated its full-year 2024 guidance (raised).

“UPDATED 2024 OUTLOOK Current Expectations Original Expectations Revenue 5% - 5.75% Growth from Prior Year 6% - 7% Growth from Prior Year Adjusted Operating EBITDA (a) (b) $6.375 - $6.525 Billion $6.275 - $6.425 Billion Adjusted Operating EBITDA Margin (a) 29.7% - 30.2% 29.0% - 29.4% Free Cash Flow (a) $2.0 - $2.15 Billion $1.9 - $2.05 Billion”

WASTE MANAGEMENT INC reported the quarter ended March 31, 2024 results: revenue $5,159, net income $708, EPS $1.75.

“Revenue $5,159 $5,159 $4,892 $4,892 Income from Operations $1,016 $1,014 $825 $828 Operating EBITDA (b) $1,530 $1,528 $1,330 $1,333 Operating EBITDA Margin 29.7% 29.6% 27.2% 27.2% Net Income (c) (d) $708 $706 $533 $535 Diluted EPS (d) $1.75 $1.75 $1.30 $1.31”

John C. Pope departed as Director at WASTE MANAGEMENT INC.

“he will not stand for re-election and his term as a director of the Company will expire at the 2024 Annual Meeting”

Thomas L. Bené was elected as Director at WASTE MANAGEMENT INC.

“elected Mr. Thomas L. Bené as an additional member of the Board”

WASTE MANAGEMENT INC reported the full year ended December 31, 2023 results: revenue $20,426, net income $2,304, EPS $5.66. Guidance initiated.

“except per share amounts) As Reported As Adjusted (a) As Reported As Adjusted (a) As Reported As Adjusted (a) As Reported As Adjusted (a) Revenue $5,217 $5,217 $4,935 $4,935 $20,426 $20,426 $19,698 $19,698 Income from Operations $785 $1,032 $765 $814 $3,575 $3,828 $3,365 $3,474 Operating EBITDA (b) $1,311 $1,558 $1,310 $1,359 $5,646 $5,899 $5,403 $5,512”

WASTE MANAGEMENT INC reported the fourth quarter ended December 31, 2023 results: revenue $5,217, net income $493, EPS $1.22.

“share amounts) (in millions, except per share amounts) As Reported As Adjusted (a) As Reported As Adjusted (a) As Reported As Adjusted (a) As Reported As Adjusted (a) Revenue $5,217 $5,217 $4,935 $4,935 $20,426 $20,426 $19,698 $19,698 Income from Operations $785 $1,032 $765 $814 $3,575 $3,828 $3,365 $3,474 Operating EBITDA (b) $1,311 $1,558 $1,310 $1,359”

WASTE MANAGEMENT INC: Amended and restated bylaws updating procedural mechanics and disclosure requirements for stockholder proposals and nominations, including proxy card color requirement and alignment with Delaware law (effective 2023-11-06).

“the Board of Directors of Waste Management, Inc. (the “Company”) approved and adopted amended and restated by-laws of the Company (the “Amended and Restated By-laws”).”

WASTE MANAGEMENT INC terminated "Term Loan Agreement" with lenders party thereto and Bank of America, N.A., as administrative agent valued at $1.0 billion (effective 2023-08-04).

“On August 4, 2023, Waste Management, Inc. (the “Company”) prepaid in full all borrowings and accrued interest pursuant to its $1.0 billion, two-year U.S. term loan credit agreement dated May 27, 2022, with the lenders party thereto and Bank of America, N.A., as administrative agent (the “Term Loan Agreement”).”

WASTE MANAGEMENT INC reported second quarter of 2023 results: revenue $5,119, net income $615, EPS $1.51.

“For Immediate Release WM Announces Second Quarter Earnings Disciplined Pricing and Cost Optimization Lead to Strong Expansion in Operating EBITDA Margin FOR MORE INFORMATION Houston — Jul. 25, 2023 — WM (NYSE: WM) today announced financial results for the quarter ended June 30, 2023. Waste Management Three Months Ended Three Months Ended Website www.wm.com Analysts Ed Egl 713.265.1656 eegl@wm.com Media Toni Werner media@wm.com June 30, 2023 (in millions, except per share amounts) June 30, 2022 (in millions, except per share amounts) As Reported As Adjusted (a) As Reported As Adjusted (a) Revenue $5,119 $5,119 $5,027 $5,027 Income from Operations $944 $946 $890 $907 Operating EBITDA (b) $1,465 $1,467 $1,398 $1,415 Operating EBITDA Margin 28.6% 28.7% 27.8% 28.1% Net Income (c) $615 $617 $587 $599 Diluted EPS $1.51 $1.51 $1.41 $1.44”

WASTE MANAGEMENT INC shareholders approved Approval of the Company’s 2023 Stock Incentive Plan.

“5. Approval of the Company’s 2023 Stock Incentive Plan: For Against Abstentions Broker Non-Votes 289,736,055 17,959,277 764,163 42,878,865”

WASTE MANAGEMENT INC shareholders approved Recommendation, on an advisory basis, of the frequency of future advisory votes on the Company’s executive compensation.

“4. Recommendation, on an advisory basis, of the frequency of future advisory votes on the Company’s executive compensation: 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 302,329,846 740,581 4,753,082 635,986 42,878,865”

WASTE MANAGEMENT INC shareholders approved Approval, on an advisory basis, of the Company’s executive compensation as described in the Company’s 2023 proxy statement.

“3. Approval, on an advisory basis, of the Company’s executive compensation as described in the Company’s 2023 proxy statement: For Against Abstentions Broker Non-Votes 289,678,028 17,715,298 1,066,169 42,878,865”

WASTE MANAGEMENT INC shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-12-31 meeting.

“2. Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023: For Against Abstentions 334,478,144 16,201,638 658,578”

WASTE MANAGEMENT INC shareholders approved Election to the Company’s Board of Directors of the following nine director nominees:.

“1. Election to the Company’s Board of Directors of the following nine director nominees: Name For Against Abstentions Broker Non-Votes Bruce E. Chinn 307,373,741 665,333 420,421 42,878,865 James C. Fish, Jr. 305,091,092 2,960,485 407,918 42,878,865 Andrés R. Gluski 299,778,330 8,278,795 402,370 42,878,865 Victoria M. Holt 300,305,002 7,767,487 387,006 42,878,865 Kathleen M. Mazzarella 298,370,433 9,705,180 383,882 42,878,865 Sean E. Menke 304,078,362 3,958,940 422,193 42,878,865 William B. Plummer 303,225,459 4,812,750 421,286 42,878,865 John C. Pope 292,049,805 15,993,395 416,295 42,878,865 Maryrose T. Sylvester 302,902,398 5,178,415 378,682 42,878,865”

WASTE MANAGEMENT INC reported quarter ended March 31, 2023 results: revenue $4,892, net income $533, EPS $1.30.

“except per share amounts) March 31, 2022 (in millions, except per share amounts) 713.265.1656 eegl@wm.com As Reported As Adjusted (a) As Reported As Adjusted (a) Revenue $4,892 $4,892 $4,661 $4,661 Media Toni Werner Income from Operations $825 $828 $768 $803 media@wm.com Operating EBITDA (b) $1,330 $1,333 $1,250 $1,285 Operating EBITDA Margin 27.2% 27.2%”

David L. Reed changed role as Vice President, Business Partner – Western Tier Field Operations at WASTE MANAGEMENT INC.

“Mr. Reed is now serving as Vice President, Business Partner – Western Tier Field Operations.”

Leslie K. Nagy was elected as Vice President and Treasurer at WASTE MANAGEMENT INC.

“The Board elected Ms. Nagy to succeed Mr. David L. Reed as Vice President and Treasurer.”

John A. Carroll was elected as Vice President and Chief Accounting Officer at WASTE MANAGEMENT INC.

“the Board of Directors (the “Board”) of Waste Management, Inc. (the “Company”) elected Mr. John A. Carroll to succeed Ms. Leslie K. Nagy as Vice President and Chief Accounting Officer.”

Thomas H. Weidemeyer departed as Director at WASTE MANAGEMENT INC.

“Director Thomas H. Weidemeyer has reached the retirement age set forth in the Company’s Corporate Governance Guidelines; therefore, he will not stand for re-election and his term as a director of the Company will expire at the 2023 Annual Meeting.”

Bruce E. Chinn was elected as Director at WASTE MANAGEMENT INC.

“elected Mr. Bruce E. Chinn as an additional member of the Board, effective as of February 10, 2023”

WASTE MANAGEMENT INC reported the fiscal year ended December 31, 2022 results: revenue $19,698, net income $2,238, EPS $5.39.

“Revenue $4,935 $4,935 $4,678 $4,678 $19,698 $19,698 $17,931 $17,931 eegl@wm.com Income from Operations $765 $814 $718 $739 $3,365 $3,474 $2,965 $3,033 Media Toni Werner Operating EBITDA (b) $1,310 $1,359 $1,228 $1,249 $5,403 $5,512 $4,964 $5,032 media@wm.com Operating EBITDA Margin 26.5% 27.5% 26.3% 26.7% 27.4% 28.0% 27.7% 28.1% Net Income (c) $499 $537 $506 $528 $2,238 $2,321 $1,816 $2,046 Diluted EPS $1.21 $1.30 $1.20 $1.26 $5.39 $5.59 $4.29 $4.84”

WASTE MANAGEMENT INC reported the fourth quarter ended December 31, 2022 results: revenue $4,935, net income $499, EPS $1.21.

“Revenue $4,935 $4,935 $4,678 $4,678 $19,698 $19,698 $17,931 $17,931 eegl@wm.com Income from Operations $765 $814 $718 $739 $3,365 $3,474 $2,965 $3,033 Media Toni Werner Operating EBITDA (b) $1,310 $1,359 $1,228 $1,249 $5,403 $5,512 $4,964 $5,032 media@wm.com Operating EBITDA Margin 26.5% 27.5% 26.3% 26.7% 27.4% 28.0% 27.7% 28.1% Net Income (c) $499 $537 $506 $528 $2,238 $2,321 $1,816 $2,046 Diluted EPS $1.21 $1.30 $1.20 $1.26 $5.39 $5.59 $4.29 $4.84”

WASTE MANAGEMENT INC: Amended and restated by-laws to address universal proxy rules, update stockholder proposal and director nomination procedures, align with recent DGCL amendments, and incorporate minor administrative changes (effective 2022-11-08).

“On November 8, 2022, the Board of Directors of Waste Management, Inc. (the “Company”) approved and adopted the amended and restated by-laws of the Company (the “Amended and Restated By-laws”).”