Faraday Future Intelligent Electric (FFIE) Proxy filing summary

Executive summary

• Plans to hold the Annual Meeting of Stockholders on May 22, 2026, to seek approval for proposals supporting global EAI strategy and long-term growth.

• Secured $45 million in new debt financing, with promissory notes maturing in two years and redeemable in cash or shares after six months.

• Targets cumulative shipments of over 1,000 EAI Robotics units in 2026, maintaining positive product gross margin.

• Focused on phased delivery of FX Super One and building out EAI Brain and data training center by Q3 2026.

• Committed to restoring market confidence, regaining Nasdaq compliance, and pursuing strategic investments.

Voting matters and shareholder proposals

• Proposals include election of five directors, approval of note purchase, share issuance, share authorization, reverse stock split, incentive plan amendment, say-on-pay, and say-on-frequency.

• Share authorization proposal seeks to increase authorized shares of common and preferred stock to support future obligations and strategic plan.

• Reverse stock split proposal allows up to 1-for-150 split, to be implemented at board discretion to mitigate delisting risk.

• Incentive plan amendment increases shares available for equity incentives by 50,492,075.

• Say-on-pay and say-on-frequency proposals provide advisory votes on executive compensation and its review frequency.

Board of directors and corporate governance

• Director nominees include Jerry Wang, Xiao Jiang, Chad Chen, Kevin Chen, and Lev Peker, aiming to enhance strategic continuity and oversight.

• Governance optimization measures target improved trust, cohesion, and execution effectiveness.