Liquidity Services (LQDT) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for February 27, 2025, with proxy materials available online and by mail upon request.

• Shareholders as of January 2, 2025, are eligible to vote on director elections, auditor ratification, and executive compensation.

• Voting can be done online, by phone, mail, or in person, with detailed instructions provided.

Voting matters and shareholder proposals

• Shareholders will vote on electing two Class I directors for three-year terms, ratifying Deloitte & Touche LLP as the independent auditor for 2025, and approving an advisory resolution on executive compensation.

• The board recommends voting FOR all proposals.

• Shareholders may submit proposals or director nominations for the 2026 meeting, following specific deadlines and procedures.

Board of directors and corporate governance

• The board consists of seven directors, with 71% classified as independent under Nasdaq standards.

• The roles of Chairman and CEO are combined, with a Lead Independent Director providing additional oversight.

• The board has Audit, Compensation, and Governance Committees, all composed of independent directors.

• Directors are selected based on experience, leadership, diversity, and industry knowledge.