Cenntro (CENN) Proxy Filing summary

Executive summary

• Annual meeting scheduled for August 15, 2025, to be held virtually, with voting available online and by proxy.

• Shareholders will vote on electing four directors, ratifying the appointment of the independent auditor, and approving potential adjournment of the meeting.

• Board unanimously recommends voting in favor of all proposals.

• Notice and Access method used for proxy materials to reduce costs and environmental impact.

Voting matters and shareholder proposals

• Proposal 1: Election of four directors to serve until the next annual meeting.

• Proposal 2: Ratification of GGF CPA LTD as independent registered public accounting firm for 2025.

• Proposal 3: Approval of adjournment of the meeting to solicit additional proxies if needed.

• Each proposal is voted on separately; approval of one is not contingent on others.

• No other business is expected, but proxies may vote on additional matters if they arise.

Board of directors and corporate governance

• Four nominees for director: Peter Z. Wang, Benjamin B. Ge, Gang "Gavin" Lin, Guangguang "Steve" Qin.

• Board committees: Audit, Compensation, and Nominating/Corporate Governance, all with independent members.

• Board and committees met multiple times in 2024; all directors attended all meetings.

• Code of Business Conduct and Ethics applies to all directors, officers, and employees.

• Insider trading policy prohibits certain transactions for directors and officers.