Abpro Holdings (ABP) Proxy Filing summary

Executive summary

• Annual meeting scheduled for September 18, 2025, to be held virtually, with voting on key proposals including director re-election, auditor ratification, and a reverse stock split.

• Record date for voting is September 2, 2025, with 80,166,667 shares outstanding.

• Proxy materials and annual report are available online for shareholder review.

Voting matters and shareholder proposals

• Shareholders will vote on re-electing one Class I director (Ian McDonald) to serve until 2028.

• Ratification of Wolf & Company, P.C. as independent auditor for fiscal year ending December 31, 2025.

• Approval sought for a 1-for-10 reverse stock split to maintain Nasdaq listing and improve stock liquidity.

• No cumulative voting or appraisal rights apply to these matters.

Board of directors and corporate governance

• Board consists of five directors in three staggered classes; majority are independent per Nasdaq rules.

• Committees include audit, compensation, and nominating/governance, all chaired by independent directors.

• New non-employee director compensation policy includes cash retainers and equity awards.

• Board and committee meetings were limited in 2024 due to recent business combination.