Beam Global (BEEM) Proxy Filing summary

Executive summary

• The 2024 Annual Meeting is scheduled for September 23, 2024, with voting on director elections, executive compensation, and auditor ratification.

• Proxy materials are available online, and shareholders can vote via internet, phone, mail, or in person.

• The record date for voting eligibility is July 25, 2024, with 14,621,141 shares outstanding.

Voting matters and shareholder proposals

• Four directors are nominated for re-election: Desmond Wheatley, Judy Krandel, George Syllantavos, and Anthony Posawatz.

• Advisory vote on executive compensation (say-on-pay) and ratification of Marcum LLP as independent auditors are on the agenda.

• Shareholder proposals for the 2025 meeting must be submitted by April 11, 2025.

Board of directors and corporate governance

• The board consists of five directors, four of whom are independent per NASDAQ standards.

• Board committees include audit, compensation, nominating and governance, and equity oversight.

• Board diversity matrix: 1 female, 4 male directors, all white as of August 9, 2024.

• Peter Davidson will resign effective September 23, 2024; additional independent directors may be appointed.

• The board encourages diversity and evaluates nominees based on experience, integrity, and relevant skills.

• The board combines the roles of CEO and Chairman, with a lead independent director.