Kartoon Studios (TOON) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 14, 2025, with virtual participation available for shareholders.

• Shareholders are encouraged to review proxy materials and vote by May 13, 2025.

Voting matters and shareholder proposals

• Election of seven directors, with board recommending all nominees.

• Ratification of Withum Smith + Brown, PC as independent auditor for fiscal year ending December 31, 2025.

• Proposal to amend the 2020 Incentive Plan to increase available shares by 5,000,000.

• Approval sought for issuance of up to 17,447,366 shares of common stock upon warrant exercise from December 2024 offering.

• Proposal to adjourn the meeting if more time is needed to secure votes for key proposals.

Board of directors and corporate governance

• Seven director nominees listed for election, including Andy Heyward, Joseph "Gray" Davis, Margaret Loesch, Lynne Segall, Henry Sicignano III, Anthony Thomopoulos, and Dr. Cynthia Turner-Graham.