SIGNALPROXY INTELLIGENCE

For Immediate Release

New York, NY - 2026-08-29 · Ticker: NYSE:PG

Signal Proxy Intelligence Recommends FOR on Shareholder Proposal at The Procter & Gamble Company, Diverging From Board Recommendation

Independent research firm publishes item-by-item recommendations on all six ballot measures within 35 hours of the company's proxy filing. (Within SPI's standing 48-hour / T+2 commitment.)

NEW YORK, NY — Signal Proxy Intelligence, the independent proxy research division of Signal Law Group, today published its recommendations for the Oct. 13, 2026 annual meeting of The Procter & Gamble Company (NYSE:PG). SPI issued a recommendation on each of the six items on the ballot, published 35 hours after the company's definitive proxy statement was accepted on EDGAR.

Reviewing the ballot from the perspective of the common shareholder and using publicly available information only, SPI assigned the meeting a concern band of Contested. The firm recommends FOR on the advisory vote on executive compensation, citing that the filing states 92.2% of votes cast supported Say on Pay at the 2025 annual meeting.

On the election of directors, SPI recommends FOR the director nominees as presented on the ballot.

“This ballot included three items where our recommendation diverged from the board's under our published framework. The meeting carries a concern band of Contested, and the full rationale for each recommendation is documented in the report.”

Hayden Smith, Head of Proxy Research

SPI will publish a separate post-meeting divergence report comparing its recommendations to those of the incumbent proxy advisors after the meeting results are available.

The complete item-by-item analysis, including the rationale for each recommendation, is available at https://www.signallawgroup.com/proxies/the-procter-gamble-company-2026-10-13/.

Class: Common Stock; Series A ESOP Convertible Class A Preferred Stock; Series B ESOP Convertible Class A Preferred StockCUSIP: 742718109Record Date: Aug. 14, 2026Meeting Date: Oct. 13, 2026

Ballot Summary: Recommendation by Item

ItemTitleSPI Recommendation
1Election of DirectorsFOR
2Ratification of Appointment of the Independent Registered Public Accounting FirmFOR
3Advisory Vote on Executive CompensationFOR
4Shareholder Proposal Requesting Lower Threshold for Special MeetingsFOR
5Shareholder Proposal Requesting Policy on Eligibility Thresholds for Proponents of Shareholder ProposalsFOR
6Shareholder Proposal Requesting Annual Reporting on Charitable ContributionsFOR

About Signal Proxy Intelligence

SPI is the independent proxy research division of Signal Law Group, an independent research and investigations firm. SPI publishes FOR / AGAINST / WITHHOLD recommendations on every item of every covered proxy ballot within 48 hours of filing, analyzing each measure from the perspective of the common shareholder using publicly available information. SPI accepts no revenue from the companies it covers. Every SPI recommendation is timestamped at publication, fingerprinted, and reconciled against the company's reported vote.

Media contact

Rochelle Welner

contact@signallawgroup.com

Publication timestamp: 2026-08-29 18:16:50 ETLedger fingerprint (SHA-256): pending at publication

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SPI is an operating company of Signal Law Group, an independent research and investigations firm. SPI is not a law firm, does not provide legal advice, and is not an investment adviser. The recommendations and analysis in this release are independent research provided for informational purposes only. They do not constitute voting advice, investment advice, a recommendation to buy or sell securities, or a solicitation of any kind. Recipients should conduct their own independent analysis and consult their own advisors before making any voting or investment decision. SPI accepts no revenue from the companies it covers.

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