Faraday Future Intelligent Electric (FFIE) Proxy filing summary

Executive summary

• Special Meeting scheduled for August 12, 2026, to vote on three key proposals via virtual format.

• Proposals include approval of stock issuance for convertible notes, a corporate name change, and potential adjournment to solicit more proxies.

• Board recommends voting in favor of all proposals.

• Only shareholders of record as of June 17, 2026, are eligible to vote.

Voting matters and shareholder proposals

• Proposal 1 seeks approval for issuance of Class A Common Stock to holders of certain convertible notes, exceeding 20% of current outstanding shares, in compliance with Nasdaq Rule 5635(d).

• Proposal 2 requests approval to amend the Charter to change the company’s name to Faraday Future Physical AI Ecosystem Inc.

• Proposal 3 allows adjournment of the meeting to solicit additional proxies if necessary.

• Board recommends voting “FOR” all three proposals.

• Shareholder proposals for the 2027 Annual Meeting must be submitted by December 24, 2026, for inclusion.

Board of directors and corporate governance

• Recent changes include resignations and appointments: Matthias Aydt resigned as Co-CEO and director; Yueting Jia is now sole CEO.

• Kevin Chen appointed as Lead Independent Director as of May 5, 2026.

• Board composition reflects recent transitions and promotions among executive officers.