Nu Ride (NRDE) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on December 11, 2025, with stockholders able to vote and submit questions online.

• Key proposals include director election, auditor ratification, equity plan amendment, executive compensation, frequency of say-on-pay votes, and amendment to NOL protective provisions.

• The Board recommends voting in favor of all proposals, with a three-year frequency for say-on-pay votes.

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

Voting matters and shareholder proposals

• Proposals include electing one Class I director, ratifying BDO as auditor, amending the equity incentive plan, approving executive compensation, setting say-on-pay vote frequency, and amending NOL protective provisions.

• Board recommends “FOR” all proposals and “3 YEARS” for say-on-pay frequency.

• Shareholders can submit proposals for future meetings following specified procedures and deadlines.

Board of directors and corporate governance

• Board consists of five members divided into three staggered classes; all current directors have significant investment and management experience.

• All non-employee directors are independent under NASDAQ rules.

• Three standing committees: Audit, Compensation, and Corporate Governance/Nominating, each composed solely of independent directors.

• Board held 13 meetings in 2024, with all directors attending at least 75% of meetings.

• Directors are encouraged to attend annual meetings.