Jerash (US) (JRSH) Proxy Filing summary

Executive summary

• Annual meeting adjourned to September 27, 2024, to allow review of two new proposals regarding executive compensation and its voting frequency.

• Stockholders will vote on electing five directors, executive compensation (say-on-pay), and preferred frequency for future say-on-pay votes.

• Revised proxy materials and voting instructions provided; previous proxies must be updated to include new proposals.

Voting matters and shareholder proposals

• Proposal 1: Elect five directors to serve until the 2025 annual meeting.

• Proposal 2: Advisory vote to approve named executive officer compensation.

• Proposal 3: Advisory vote on preferred frequency (1, 2, or 3 years) for future say-on-pay votes; board recommends annual votes.

• Board recommends voting FOR all director nominees, FOR Proposal 2, and "1 Year" for Proposal 3.

Board of directors and corporate governance

• Board recommends annual advisory votes on executive compensation to ensure regular feedback and alignment with shareholder interests.

• Board and Compensation Committee will consider shareholder input from advisory votes in future compensation decisions.