Lucid Group (LCID) Proxy filing summary

Voting matters and shareholder proposals

• Election of nine directors is proposed, with specific nominees listed for shareholder approval.

• Ratification of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026 is up for vote.

• Advisory approval of executive compensation for named executive officers is included as a proposal.

• Amendment and restatement of the 2021 Stock Incentive Plan is proposed for shareholder approval.

Board of directors and corporate governance

• Board recommends voting in favor of all director nominees and all proposals presented.

Executive compensation and say-on-pay

• Advisory vote on executive compensation for named executive officers is scheduled.

• Amendment and restatement of the Stock Incentive Plan is proposed, potentially impacting future executive compensation.