Commercial Vehicle Group Shareholders Approve All Proposals at 2026 Annual Meeting

Commercial Vehicle Group (NASDAQ:CVGI) held its 2026 annual meeting of stockholders virtually on May 14, with shareholders approving all four proposals presented at the meeting, according to remarks from Chairman William Johnson.

Johnson called the meeting to order shortly after 1 p.m. Eastern time and said the virtual format was intended to “be more inclusive and reach greater number” of stockholders. The meeting focused on the formal business items before shareholders.

The company said March 16, 2026, was the record date for determining stockholders entitled to vote. As of that date, Commercial Vehicle Group had 36,634,201 shares of common stock outstanding and entitled to vote. Johnson said 26,888,805 shares were represented in person or by proxy, equal to approximately 73.39% of the voting power on the record date. That was enough to establish a quorum.

Directors Elected to Serve Until 2027 Annual Meeting

Stockholders elected seven directors to serve until the company’s 2027 annual meeting of stockholders and until their successors are duly elected and qualified.

The elected directors were:

• Melanie Cook, who has served as a director since September 2023
• William Johnson, chairman of the board, who has served as a director since December 2023
• Ari Levy, who has served as a director since February 2026
• Michael Nauman, who has served as a director since July 2021
• Jeffrey Niew, who has served as a director since December 2024
• Wayne Rancourt, who has served as a director since July 2016
• James Ray, who has served as a director since March 2020

Equity Incentive Plan and Executive Pay Approved

Shareholders also approved the Second Amended and Restated Commercial Vehicle Group, Inc. 2020 Equity Incentive Plan.

In addition, investors approved a non-binding advisory resolution on the compensation paid to the company’s named executive officers. The proposal covered compensation disclosures made under Item 402 of Regulation S-K, including the compensation discussion and analysis, compensation tables and related narrative discussion.

KPMG Ratified as Auditor

Stockholders ratified the appointment of KPMG LLP as Commercial Vehicle Group’s independent registered public accounting firm for the fiscal year ending Dec. 31, 2026.

KPMG representatives attended the meeting and were available during the question-and-answer session for appropriate questions, Johnson said. The transcript did not include any shareholder questions or additional management commentary beyond the formal meeting proceedings.

Final Results to Be Filed

Johnson said the preliminary vote report from Broadridge Financial Solutions, which served as Inspector of Elections, showed that all director nominees were elected and that the equity plan, advisory executive compensation vote and auditor ratification were approved.

The company said it plans to report the final voting results in a Form 8-K filing within four business days. Johnson adjourned the meeting after stating there was no further business before stockholders.

About Commercial Vehicle Group (NASDAQ:CVGI)

Commercial Vehicle Group, Inc (NASDAQ: CVGI) is a global designer, engineer and manufacturer of seating systems and interior components for commercial vehicles. The company serves original equipment manufacturers (OEMs) in the on‐highway, off‐highway and specialty vehicle markets, supplying complete seating assemblies, suspension mechanisms and interior trim products. CVGI’s offerings are aimed at enhancing driver comfort, safety and overall vehicle usability across a diverse range of applications, from heavy‐duty trucks and transit buses to agricultural and construction equipment.

The company’s product portfolio is organized around three core segments: Seating, Controls and Interiors.