CUMMINS INC

Original form: DEF 14A
Filed on: 2026-04-02
Meeting date: 2026-05-12

Shareholder Proposals

Item 15
G
Adopt a policy to separate the roles of Board Chair and Chief Executive Officer.

This proposal requests that the Board adopt a formal policy requiring the separation of the Board Chair and CEO roles and amend governance documents accordingly. The request argues that separating the roles would allow an independent Chair to focus on Board oversight while the CEO concentrates on running the business, improving accountability and monitoring. The supporting statement cites prior shareholder votes showing substantial support for independent Chair oversight and references governance practices at other large public companies as examples. The proposal asks the Board to codify separation rather than leave the leadership structure discretionary.

Item 16
S
Report on the benefits, costs, and legal, reputational, competitive and other risks associated with Cummins’ charitable support.

This proposal requests that Cummins perform and publish an evaluation of the company’s charitable support that analyzes benefits, costs and legal, reputational, competitive and other risks, and to issue a report within a year excluding proprietary information. The supporting statement expresses concern that corporate donations and partnerships with advocacy groups can be perceived as one‑sided on controversial social issues (citing references to the Human Rights Campaign) and may create reputational or legal exposure, including for government contractors. The proposal asks the Company to assess these risks and the impacts on employees, customers and shareholders and to disclose the findings to investors. The request is framed as a risk‑management and transparency exercise regarding the Company’s philanthropic engagements.