Mayville Engineering Company, Inc. Announces Annual Meeting of Shareholders on April 16, 2024

TL;DR

<b>Mayville Engineering Company, Inc. will hold its Annual Meeting of Shareholders on April 16, 2024, to elect directors and ratify the appointment of its auditor.</b>

AI Summary

Mayville Engineering Company, Inc. (MEC) filed a Proxy Statement (DEF 14A) with the SEC on March 6, 2024. Mayville Engineering Company, Inc. will hold its Annual Meeting of Shareholders online on April 16, 2024, at 2:00 P.M. Central Time. The meeting agenda includes the election of three directors for terms until 2027. Shareholders will also vote to ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2024. The record date for determining shareholders eligible to vote is February 16, 2024. Shareholders can participate and vote online at www.virtualshareholdermeeting.com/MEC2024 using their control number.

Why It Matters

For investors and stakeholders tracking Mayville Engineering Company, Inc., this filing contains several important signals. This filing is a proxy statement (DEF 14A) detailing the agenda and procedures for the upcoming annual shareholder meeting. The meeting's outcomes, particularly director elections and auditor ratification, are key governance decisions for shareholders.

Risk Assessment

Risk Level: — Mayville Engineering Company, Inc. shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Shareholders should review the proxy materials to make informed voting decisions on director nominees and auditor ratification.

Key Numbers

• 3 — Directors to be elected (To hold office until the 2027 annual meeting.)
• 2024 — Fiscal year for auditor (Deloitte & Touche LLP appointed for this year.)

Key Players & Entities

• Mayville Engineering Company, Inc. (company) — Registrant and filer of the proxy statement.
• Deloitte & Touche LLP (company) — Proposed independent registered public accounting firm.
• April 16, 2024 (date) — Date of the Annual Meeting of Shareholders.
• February 16, 2024 (date) — Record date for determining shareholders entitled to vote.
• 2027 (date) — Year until which elected directors will hold office.

FAQ

Industry Context

Mayville Engineering Company operates in the metal forging & stampings industry, a sector involving manufacturing processes for metal parts.

Regulatory Implications

This filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs the solicitation of proxies.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Evaluate the appointment of Deloitte & Touche LLP as the independent auditor.
3. Vote your shares by the deadline to ensure your participation in corporate governance.

Key Dates

• 2024-04-16: Annual Meeting of Shareholders — Election of directors and ratification of auditor.
• 2024-02-16: Record Date — Determines shareholders eligible to vote at the meeting.

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 annual meeting, following previous filings related to the company's operations and governance.

Filing Documents

• tmb-20240416xdef14a.htm (DEF 14A) — 553KB
• tmb-20240416xdef14a_bg001.jpg (GRAPHIC) — 117KB
• tmb-20240416xdef14a_bg002.jpg (GRAPHIC) — 160KB
• 0001558370-24-002615.txt (&nbsp;) — 935KB

From the Filing

DEF 14A 1 tmb-20240416xdef14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 MAYVILLE ENGINEERING COMPANY, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 MAYVILLE ENGINEERING COMPANY, INC. NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To Be Held April 16, 2024 To the Shareholders of Mayville Engineering Company, Inc.: NOTICE IS HEREBY GIVEN that the Annual Meeting of Shareholders of Mayville Engineering Company, Inc. will be held online at www.virtualshareholdermeeting.com/MEC2024 on Tuesday, April 16, 2024, at 2:00 P.M., Central Time, for the following purposes: 1. To elect three directors to hold office until the 2027 annual meeting of shareholders and until their successors are duly elected and qualified. 2. To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for 2024. 3. To consider and act upon such other business as may properly come before the meeting or any adjournment or postponement thereof. The close of business on February 16, 2024, has been fixed as the record date for the determination of shareholders entitled to notice of, and to vote at, the meeting and any adjournment or postponement thereof. A proxy for the meeting and a proxy statement are enclosed herewith. You or your proxyholder can participate, vote, and examine our shareholder list at the Annual Meeting by visiting www.virtualshareholdermeeting.com/MEC2024 and using your control number found on your proxy card. By Order of the Board of Directors MAYVILLE ENGINEERING COMPANY, INC. Todd M. Butz Secretary Mayville, Wisconsin March 6, 2024 Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting To Be Held on April 16, 2024. The Mayville Engineering Company, Inc. proxy statement for the 2024 Annual Meeting of Shareholders and the 2023 Annual Report to Shareholders are available at www.proxyvote.com. YOUR VOTE IS IMPORTANT NO MATTER HOW LARGE OR SMALL YOUR HOLDINGS MAY BE. TO ASSURE YOUR REPRESENTATION AT THE MEETING, PLEASE DATE THE ENCLOSED PROXY, WHICH IS SOLICITED BY THE BOARD OF DIRECTORS, SIGN EXACTLY AS YOUR NAME APPEARS THEREON AND RETURN IMMEDIATELY, OR VOTE OVER THE INTERNET OR BY TELEPHONE AS PROVIDED ON YOUR PROXY CARD. MAYVILLE ENGINEERING COMPANY, INC. 135 S. 84th Street, Suite 300 Milwaukee, Wisconsin 53214 PROXY STATEMENT FOR ANNUAL MEETING OF SHAREHOLDERS To Be Held April 16, 2024 This proxy statement is being furnished to shareholders by the Board of Directors (the "Board") of Mayville Engineering Company, Inc. (the "Company", "we", "our", "us" or similar terms), beginning on or about March 6, 2024, in connection with a solicitation of proxies by the Board for use at the Annual Meeting of Shareholders to be held online at www.virtualshareholdermeeting.com/MEC2024 on Tuesday, April 16, 2024, at 2:00 P.M., Central Time, and all adjournments or postponements thereof (the "Annual Meeting") for the purposes set forth in the attached Notice of Annual Meeting of Shareholders. Only holders of record of the Company's common stock, no par value per share (the "Common Stock"), at the close of business on February 16, 2024 (the "Record Date"), are entitled to vote at the Annual Meeting. On that date, the Company had outstanding and entitled to vote 20,364,907 shares of Common Stock, each of which is entitled to one vote per share. The presence of a majority of the votes entitled to be cast shall constitute a quorum for the purpose of transacting business at the Annual Meeting. Abstentions and broker non-votes will be counted as present in determining whether there is a quorum. To ensure that your vote is recorded promptly, please vote as soon as possible, even if you plan to attend the Annual Meeting by virtual presence online. Whether you hold shares directly as the shareholder of record or beneficially in street name, you may direct how your shares are voted without attending the Annual Meeting. If you are a shareholder of record, you have the option to vote by written proxy or electronically via either the internet or telephone pursuant to instructions provided on the proxy card sent to you. A shareholder of record may access and complete the pr

View Full Filing

View this DEF 14A filing on SEC EDGAR