1、Annual Report2025Proxy StatementNOTICE OF ANNUAL MEETING OF STOCKHOLDERSDate and Time:Tuesday,May 12,2026 at 11:00 a.m.Central TimePlace:Waste Management,Inc.800 Capitol Street,Suite 3000Houston,Texas 77002Record Date:March 17,2026AgendafortheAnnualMeeting(oranyadjournmentor postponement thereof):To
2、 elect the nine nominees named in the attached proxystatement to our Board of Directors;TovoteonaproposaltoratifytheappointmentofErnst&Young LLP as our independent registered publicaccounting firm for the fiscal year ending December 31,2026;To vote on a non-binding,advisory proposal to approveour ex
3、ecutive compensation;To vote on a proposal to amend and restate ourEmployee Stock Purchase Plan(the“ESPP”)to increasethe number of shares authorized for issuance;and To conduct other business that is properly raised at themeeting.IMPORTANT NOTICE REGARDING THEAVAILABILITY OF PROXY MATERIALS FOR THES
4、TOCKHOLDER MEETING TO BE HELDMAY 12,2026:This Notice of Annual Meeting and Proxy Statementand the Companys Annual Report on Form 10-K forthe year ended December 31,2025 are available .YoumaysubmityourproxyviatheInternetby following the instructions provided intheNoticeor,ifyoureceivedprintedcopiesof
5、 the proxy materials,on your proxy card.If you received printed copies of thematerialsinaccordancewiththeinstructions in the Notice,you also havethe option to submit your proxy bytelephone by calling the toll-free numberlistedonyourproxycard.Telephonevotingis available 24 hours per day until11:59p.m
6、.,EasternTime,onMay11,2026.If you received printed copies of the proxymaterialsinaccordancewiththeinstructions in the Notice and would like tosubmit your proxy by mail,please mark,signanddateyourproxycardandreturnitpromptly in the postage-paid envelopeprovided.IfyoursharesofCommonStockareheldinstree