Cheetah Net (CTNT) Proxy filing summary

Executive summary

• Virtual annual meeting scheduled for Dec. 3, 2026; record date Oct. 16, 2026. Board recommends FOR all five director nominees and FOR auditor ratification and adjournment authority.

• Stockholders will elect directors through the 2027 annual meeting, consider Tang Qian & Associates PLLC for FY2026 auditor, and vote on conditional adjournment authority.

Voting matters and shareholder proposals

• Director nominees require a plurality; the five nominees with the most FOR votes are elected. Abstentions and broker non-votes do not affect the outcome.

• Auditor ratification and adjournment each require a majority of votes cast; abstentions do not count as votes cast.

• Adjournment authority would allow further proxy solicitation if votes are insufficient for other proposals or a quorum; approval is not required for the chair to adjourn when necessary.

• Proposals for inclusion in 2027 proxy materials must be received by June 21, 2027.

Board of directors and corporate governance

• Five directors are nominated for re-election: Huan Liu, Xianggeng Huang, Xiangan Ruan, Huiping (Catherine) Chen, and Huibo Deng; three nominees are Nasdaq-independent.

• Huan Liu combines CEO and board chair roles; the Board has no lead independent director and cites continuity and Liu’s institutional knowledge as reasons for the structure.

• The Board held no meetings in FY2025; the Audit Committee met four times, while the Compensation and Nominating and Corporate Governance Committees held no meetings.

• Three standing committees are composed of independent directors; Huibo Deng chairs Audit and is the committee’s financial expert.

• Future governance priorities include developing executive compensation policies, enhancing public disclosure, and improving stockholder communication.