LiveOne (LVO) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for September 8, 2025, with voting on director elections, a reverse stock split, auditor ratification, and potential adjournment if needed.

• Shareholders of record as of July 14, 2025, are eligible to vote, with one vote per share.

• Proxy materials are distributed primarily online to reduce costs and environmental impact.

Voting matters and shareholder proposals

• Seven director nominees are up for election for one-year terms.

• Proposal to approve a reverse stock split at a ratio between 1-for-3 and 1-for-10, at the board's discretion, to address Nasdaq listing compliance.

• Ratification of Macias Gini & O'Connell LLP as independent auditor for fiscal year ending March 31, 2026.

• Approval to adjourn the meeting if more time is needed to solicit votes.

Board of directors and corporate governance

• Six of seven directors are independent; all directors are elected annually.

• Board committees (Audit, Nominating, Compensation) are composed entirely of independent directors.

• The board values diversity in skills, experience, and background, and continues to seek diverse candidates.

• Chairman and CEO roles are combined, currently held by Robert S. Ellin.

• Board and committee self-assessments are conducted annually.