Atlas Lithium (ATLX) Proxy filing summary

Executive summary

• The annual meeting is scheduled for May 28, 2026, and will be held virtually, allowing shareholders to vote and ask questions online.

• Shareholders will vote on electing five directors, ratifying the external auditor, approving executive compensation (say-on-pay), and amending the non-employee director compensation program.

• The company qualifies as a “smaller reporting company” and uses scaled SEC disclosure requirements.

Voting matters and shareholder proposals

• Proposals include electing five directors, ratifying Pipara & Co. LLP as auditor, approving executive compensation, and amending the director compensation program.

• Shareholders of record as of April 1, 2026, are eligible to vote.

• Voting can be done online, by phone, or by mail, with specific instructions for shares held by brokers.

• Majority of votes cast is required for approval of each proposal.

• Advance notice and universal proxy rules apply for 2027 shareholder proposals.

Board of directors and corporate governance

• The board consists of five directors, with three considered independent under Nasdaq rules.

• Marc Fogassa serves as both CEO and Chairman, controlling 61% of voting power, making the company a “controlled company.”

• Admiral Flávio Rocha was appointed to the board in April 2026.

• The board values diverse skills, integrity, and experience, and has policies on insider trading, hedging, and clawbacks.

• Director candidates are evaluated based on industry knowledge, financial expertise, and leadership experience.

• Three standing committees: Audit, Compensation, and Nominations, all composed of independent directors.