Sunrun Inc. (RUN)
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AGM 2026

May 28, 2026

Summary

The meeting, held virtually, covered director elections, executive compensation, and auditor ratification. All board nominees were re-elected, executive pay was approved, and Ernst & Young was confirmed as auditor for 2026. Final results will be filed with the SEC.

Jeanna Steele
Chief Legal Officer, Chief People Officer, and Corporate Secretary, Sunrun

Good morning, ladies and gentlemen. I am Jeanna Steele, Chief Legal Officer, Chief People Officer, and Corporate Secretary of Sunrun. It is a pleasure to welcome you to Sunrun's annual meeting of stockholders. I will act as Chairperson of this meeting. I have asked Anna Nagornaia, Assistant General Counsel and Assistant Corporate Secretary, to record the minutes of this meeting. As you know, we are hosting today's meeting through a virtual online platform hosted by Broadridge. We have designed this meeting to provide stockholders the same rights and opportunities to participate as they would at an in-person meeting. This meeting is being recorded and will be available via webcast on our website for the next 30 days.

Before proceeding further, let me introduce Mary Powell, our Chief Executive Officer, Paul Dickson, our President and Chief Revenue Officer, and Danny Abajian, our Chief Financial Officer, who are all with us virtually today. We also have Ed Fenster and Lynn Jurich, our Co-Executive Chairs, Alan Ferber, our Lead Independent Director, and the other members of our Board of Directors, Leslie Dach, Katherine August-deWilde, John Trinta, Craig Cornelius, and Sonita Lontoh, as well as representatives from Ernst & Young, David Barringer and Sam Wijesekera. In order to ensure that the business of the meeting proceeds in an orderly fashion, we ask that you please observe the rules of the meeting, which are posted below the agenda. The annual meeting is being held in accordance with the company's bylaws and Delaware law. During the meeting, we will address the matters described in the company's proxy statement dated April 15, 2026.

Balloting will be completed, an announcement will be made regarding the results, and then the meeting will be adjourned. To ask a question during the meeting, please navigate to the Ask a Question section, type your question into the text box, and click Submit. During the meeting, questions should be restricted to the procedures for the meeting and the proposals under consideration. Thank you for your understanding. I have proof by affidavit that notice of this meeting has been duly given and that the notice of Internet availability of proxy materials was mailed on or about April 15, 2026, to all stockholders of record at the close of on April 2nd, 2026, the record date for the meeting. The affidavit, together with copies of the notice of annual meeting, proxy statement, and proxy, will be filed with the minutes of the meeting.

We have appointed Joseph McClelland, a Representative of Broadridge, to act as Inspector of Election for this annual meeting. The Inspector of Election has signed an oath of office, which will be filed with the minutes of this meeting. We have present, virtually or by proxy, a sufficient number of shares to constitute a quorum, and the meeting is duly constituted, and we may proceed with business. Let me briefly describe the voting procedures. We will vote by proxy and by ballot. Each holder of common stock is entitled to one vote for each share of common stock held of record at the close of business on the record date. If you have previously turned in your proxy, or if you are attending this meeting and you do not intend to change your vote, it is not necessary you complete another proxy or ballot. Your vote will be counted.

If you would like to vote now or change your vote, please click on the Vote Here button, make your selections, and click Submit at the bottom of the ballot. The polls for each matter to be voted on at this meeting are now open. Turning now to the items to be voted on at this meeting, as indicated in the notice of meeting and the accompanying documents that were made available to stockholders. The first item of business is the election of the nine director nominees identified in the company's proxy statement. The company's Board of Directors presently has nine members.

In accordance with our amended and restated certificate of incorporation, at today's meeting, nine directors will be elected to our board for a one-year term, and the nine nominees receiving the highest number of votes of the shares present virtually or represented by proxy at this meeting and entitled to vote will be elected to such directorship. Directors elected at today's meeting will hold office until the 2027 annual meeting of stockholders and until their successors are duly elected and qualified. Stockholders do not have the right to accumulate their votes in the election of directors. As indicated in the company's proxy statement, the following individuals are nominated by the Board of Directors for election: Lynn Jurich, Alan Ferber, John Trinta, Leslie Dach, Edward Fenster, Mary Powell, Katherine August-deWilde, Sonita Lontoh, and Craig Cornelius, all of whom are currently serving as directors of the company.

Pursuant to the notice of annual meeting and the proxy statement dated April 15, 2026, the proxies solicited by the board of directors will be voted in favor of these nine nominees. The second item of business is to vote on an advisory basis to approve the compensation of our named executive officers, say on pay. The proxy statement for this meeting contains the text of the resolution that stockholders are asked to approve. The board of directors recommends that stockholders vote to approve our named executive officer compensation. The third item of business is to ratify the appointment of Ernst & Young as independent registered public accounting firm for the company for the year ending December 31, 2026. The board of directors recommends that stockholders vote in favor of this proposal, and the proxy solicited by the board will be voted in favor of this proposal.

That was the final proposal for today's meeting. We will now review if there are any questions submitted about the proposals before we close the polls. As a reminder, we will only review and answer questions that pertain to the proposals. There are no questions. We will now wait a moment to allow anyone wishing to vote to do so by clicking on the Vote Here button at the bottom of your screen. The polls for each matter to be voted on at this meeting are now closed. No additional ballots, proxies, or votes, and no changes or revocations will be accepted. The proxies and ballots will be tabulated by the Inspector of Election. Our Inspector of Election has provided us with a report on the voting results, which we'd like to share.

With regard to Proposal 1, pertaining to the election of directors, Lynn Jurich, Alan Ferber, John Trinta, Leslie Dach, Edward Fenster, Mary Powell, Katherine August-deWilde, Sonita Lontoh, and Craig Cornelius all received sufficient affirmative votes to be elected to serve as company directors. With respect to Proposal 2, the resolution to approve on an advisory basis the compensation paid to the company's named executive officers has been approved. With regard to Proposal 3, the ratification of the appointment of Ernst & Young as independent registered public accounting firm for the company for the year ending December 31, 2026, has been ratified. These are the preliminary results of voting. The final count may vary following final examination of the proxies and ballots.

The final results of voting, including any ballots and proxies recorded during this meeting, will be set forth in the report of the Inspector of Election and will be included in the minutes of the meeting. The final results will also be reported in our Form 8-K that will be filed with the SEC within four business days after this meeting. This annual meeting of stockholders is now adjourned. Thank you for your attendance.

Operator

That concludes our meeting today. You may now disconnect.