AgEagle Aerial Systems (UAVS) Proxy Filing summary

Executive summary

• Significant progress made in strengthening market position and product roadmap over the past year, with a focus on long-term value creation for shareholders.

• Evaluating options to fund the next phase of production and growth, including a capital raise requiring an increase in authorized share count.

• Forward-looking statements highlight expectations for continued growth and strategic initiatives, subject to risks and uncertainties.

Voting matters and shareholder proposals

• Shareholders are asked to vote on proposals, including increasing authorized share count to enable Series B warrant conversions.

• Board unanimously recommends voting in favor of all proposed matters at the special meeting.

• Both ISS and Glass Lewis recommend voting in support of all matters.

• Proxy voting deadline is December 19, 2024, with the special meeting held virtually on December 20, 2024.

Board of directors and corporate governance

• Board and management are actively urging shareholders to participate and vote in the special meeting.