Loop Industries (LOOP) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on July 18, 2025, with voting on four key proposals and other business as may arise.

• Proposals include electing five directors, ratifying the auditor, advisory votes on executive compensation, and the frequency of future say-on-pay votes.

• The record date for voting is May 20, 2025, and proxy materials are available online, with options for paper or email delivery.

Voting matters and shareholder proposals

• Shareholders will vote on electing five directors, ratifying PricewaterhouseCoopers LLP as auditor, approving executive compensation, and determining the frequency of say-on-pay votes.

• The Board recommends voting for all director nominees, for auditor ratification, for executive compensation, and for annual say-on-pay votes.

• Shareholder proposals for the 2026 meeting must be received by January 29, 2026, for inclusion in the proxy statement.

Board of directors and corporate governance

• The Board consists of six directors, including four independent members; Daniel Solomita serves as Chairman and CEO.

• Three standing committees: Audit, Compensation, and Nominating & Corporate Governance, all with independent members.

• The company qualifies as a "controlled company" under Nasdaq rules but does not use related exemptions.

• Lead independent director coordinates feedback and independent sessions.

• Directors are encouraged to attend annual meetings; five attended in 2024.

• Code of Ethics applies to all directors, officers, and employees.

• Indemnification agreements are in place for all directors and executive officers.