Alector Inc

1. 1

   Election of Directors

   ManagementBoard: FOR

   To elect three Class II directors—Elizabeth Garofalo, M.D.; Errol De Souza, Ph.D.; and Kristine Yaffe, M.D.—to serve three-year terms until the 2029 annual meeting and until their successors are duly elected and qualified.

2. 2

   Ratification of Appointment of Independent Registered Public Accounting Firm

   ManagementBoard: FOR

   To ratify the Audit Committee’s appointment of Ernst & Young LLP as Alector’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

3. 3

   Advisory Vote on the Compensation of Our Named Executive Officers (Say-on-Pay

   ManagementBoard: FOR

   A non-binding, advisory vote to approve the compensation paid to the Company’s named executive officers as disclosed in the proxy statement, including compensation tables and related narrative.

   More detail

   This proposal requests a non‑binding shareholder endorsement of the Company’s disclosed executive compensation program for the named executive officers. Management seeks approval to confirm that its pay practices — a mix of base salary, annual incentive bonuses tied to corporate and individual goals, and long‑term equity (including reintroduced stock options and RSUs) — are aligned with stockholder interests and effective for retention. The Compensation Committee engaged an independent advisor (Pearl Meyer) and recalibrated the peer group to better reflect the Company’s stage and profile; equity awards in 2025 included both options and RSUs and supplemental November grants to address retention concerns. For 2025 the corporate bonus pool was funded at 80% of target, and bonus payouts were delivered 50% cash and 50% RSUs vesting over one year to support cost containment while preserving retention incentives. Management emphasizes pay‑for‑performance design, clawback policy, anti‑hedging and anti‑pledging rules, and limits on excessive perquisites and change‑in‑control single‑trigger payments to mitigate risk. The vote is advisory only, but historically the Company’s say‑on‑pay received overwhelming support (>98% in 2025), and the Board intends to consider voting outcomes in future compensation decisions. The Board’s recommendation in favor rests on the view that the program balances competitive pay for key talent, performance alignment, and governance safeguards, while addressing company‑specific retention and stage‑of‑development considerations. The Compensation Committee retains discretion over final payouts and may adjust awards to reflect company performance and strategic needs. Overall, the proposal is a routine annual advisory vote meant to give stockholders a voice on executive pay and to provide feedback to the Board and Compensation Committee.

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When is the Alector Inc 2026 annual meeting?

Alector Inc (ALEC) holds its 2026 annual shareholder meeting on Wednesday, June 17, 2026.

What is the record date for the Alector Inc 2026 meeting?

The record date for the Alector Inc 2026 meeting is Monday, April 20, 2026. Shareholders of record on or before that date are eligible to vote.

Who are the director nominees for Alector Inc's 2026 meeting?

The board is presenting 3 director nominees at the Alector Inc 2026 meeting, listed with their independence status and background.

What proposals will shareholders vote on at the Alector Inc 2026 meeting?

Shareholders will vote on 3 proposals at the Alector Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.