indie Semiconductor (INDI) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for June 4, 2025, with a key proposal to increase the share reserve under the 2021 Omnibus Equity Incentive Plan by 17,000,000 shares.

• Equity awards are central to the compensation strategy, supporting recruitment, retention, and alignment with stockholder interests.

• Recent macroeconomic headwinds and a lower share price have increased share usage to maintain competitive grant values.

• Only 4,701,289 shares remain available under the 2021 Plan, making the proposed increase critical for ongoing growth and cash management.

Voting matters and shareholder proposals

• Proposal Four seeks approval to increase the share reserve under the 2021 Omnibus Equity Incentive Plan by 17,000,000 shares.

• The Board unanimously recommends voting FOR the Equity Plan Proposal.

Board of directors and corporate governance

• All employees, officers, and directors are eligible to participate in the 2021 Plan.

• The Board approved the Employee Equity Participation Plan (EEPP) to further align employee and stockholder interests.