Aeries Technology (AERT) Proxy Filing summary

Executive summary

• Annual General Meeting scheduled for March 27, 2025, both in-person and virtually, to vote on key proposals including director appointments, equity plan amendments, auditor ratification, and amendments to the company's articles of association.

• Shareholders of record as of January 29, 2025, are eligible to vote; each Class A share has one vote, while the Class V share holds 1.3% of voting power, with special rights in extraordinary events.

• Board unanimously recommends voting FOR all proposals on the agenda.

Voting matters and shareholder proposals

• Proposals include appointing three directors (Alok Kochhar, Biswajit Dasgupta, Nina B. Shapiro), amending the 2023 Equity Incentive Plan, ratifying Manohar Chowdhry & Associates as auditor, and adopting the Second Amended and Restated Memorandum and Articles of Association.

• Board recommends FOR all nominees and proposals.

• Shareholders may submit additional proposals or questions during the meeting.

Board of directors and corporate governance

• Board consists of seven directors divided into three classes; proposed amendments will declassify the board after initial terms, moving to annual elections.

• Majority of directors are independent; board committees include audit, compensation, and nominating/governance, all meeting independence requirements.

• Controlled company exemption applies due to Class V share, but company currently complies with Nasdaq governance standards.