Neonode (NEON) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for June 12, 2025, in Stockholm, Sweden, with a record date of April 21, 2025.

• Key items include electing two Class II directors, ratifying the auditor, and an advisory vote on executive compensation.

• Proxy materials are available online, and shareholders are encouraged to vote electronically or by mail.

• Forward-looking statements are included, with risks detailed in public filings.

Voting matters and shareholder proposals

• Shareholders will vote on electing Ulf Rosberg and Peter Kruk as Class II directors for three-year terms.

• Ratification of Crowe LLP as the independent registered public accounting firm for 2025 is on the agenda.

• Advisory vote on executive compensation (say-on-pay) is included.

• Shareholder proposals for the 2026 meeting must be received by December 31, 2025.

Board of directors and corporate governance

• The board consists of five members divided into three classes with staggered three-year terms.

• All directors are deemed independent under Nasdaq rules.

• Two standing committees: Audit and Compensation, Nomination and Governance (CNG).

• The board separates the roles of CEO and chairman.

• Director compensation for 2024 ranged from $5,632 to $24,083; no equity awards outstanding.