Twin Disc Shareholders Approve All Proposals at 2026 Annual Meeting

Twin Disc, Incorporated announced the results of its Annual Meeting of Shareholders held on October 29, 2026, where all proposals were approved. Key approvals include the election of two directors and the ratification of the company's amended omnibus incentive plan. Following the meeting, the company granted restricted stock to its non-employee directors as part of their annual retainer.

Key Details

• Meeting Results: Shareholders approved all four proposals, including the election of Michael Doar and Michael C. Smiley to the Board of Directors, the advisory vote on executive compensation, and the ratification of RSM US LLP as the independent accounting firm for fiscal year 2027.
• Incentive Plan: The Twin Disc, Incorporated Amended and Restated 2021 Omnibus Incentive Plan was approved by shareholders.
• Director Compensation: On October 29, 2026, each non-employee director was granted 3,831 shares of restricted stock under the newly approved plan, representing approximately 57% of their annual board retainer.