Plug Power Inc

1. 1

   Election of four (4) Class III Directors

   ManagementBoard: FOR

   Re-election of Colin Angle, Jose Luis Crespo, Patrick Joggerst, and Gary K. Willis as Class III Directors to serve until the 2029 Annual Meeting.

2. 2

   Amendment to the 2021 Stock Option and Incentive Plan to increase share reserve

   ManagementBoard: FOR

   Approve Amendment No.4 to increase shares reserved under the 2021 Plan by 25,000,000 from 91,400,000 to 116,400,000.

   More detail

   Management requests stockholder approval to increase the 2021 Plan share reserve by 25 million shares to ensure the company can continue to grant equity awards to attract, retain and incentivize employees, directors and consultants. Management argues equity is essential for competitive compensation in the clean-energy industry and avoids cash strain; the board cites low remaining available shares and anticipates reserve exhaustion before the next annual meeting. Approval would permit continued grant cadence and workforce retention; rejection would force reduced awards or higher cash pay, potentially harming recruitment and retention. The proposal is transactional and governance-related rather than controversial; the board recommends FOR, noting oversight through the Compensation Committee and limits such as director compensation caps and minimum vesting rules to manage dilution and align awards with shareholder interests.

3. 3

   Non-binding, advisory vote on executive compensation (Say-on-Pay

   ManagementBoard: FOR

   Advisory approval of compensation paid to named executive officers as disclosed in the proxy statement.

   More detail

   This non-binding advisory proposal asks shareholders to approve the overall compensation program for named executive officers as disclosed. Management frames the program as pay-for-performance with significant at-risk compensation, alignment with stockholder interests through equity awards, and retention objectives. The Compensation Committee used revenue, fourth-quarter gross margin, and individual performance goals to determine awards in 2025, with a resulting payout at 112% of target. The board recommends FOR and will consider shareholder feedback when designing future compensation. As an advisory matter, the vote does not bind the company but serves as input to the Compensation Committee.

4. 4

   Ratification of Deloitte & Touche LLP as independent registered public accounting firm for 2026

   ManagementBoard: FOR

   Ratify the Audit Committee's appointment of Deloitte & Touche LLP as the company's independent auditors for 2026.

Upcoming shareholder meetings at Plug Power Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.

When is the Plug Power Inc 2026 annual meeting?

Plug Power Inc (PLUG) holds its 2026 annual shareholder meeting on Thursday, June 11, 2026.

What is the record date for the Plug Power Inc 2026 meeting?

The record date for the Plug Power Inc 2026 meeting is Tuesday, April 14, 2026. Shareholders of record on or before that date are eligible to vote.

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

The board is presenting 4 director nominees at the Plug Power Inc 2026 meeting, listed with their independence status and background.

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

Shareholders will vote on 4 proposals at the Plug Power Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.