Onfolio Holdings (ONFO) Proxy filing summary

Executive summary

• The 2024 Annual Meeting will be held virtually on August 7, 2024, with shareholders able to vote online, by mail, or by phone.

• Shareholders will vote on electing five directors, ratifying a new auditor, and approving a reverse stock split amendment.

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

• The proxy materials and annual report are available online for review.

Voting matters and shareholder proposals

• Proposals include electing five directors, ratifying Astra Audit & Advisory, LLC as auditor, and approving a reverse stock split (1-for-2 to 1-for-5) at the Board's discretion.

• The reverse stock split aims to maintain Nasdaq listing compliance and flexibility for future market conditions.

• Shareholders may submit proposals for the 2025 meeting by specified deadlines.

Board of directors and corporate governance

• The Board consists of five members, four of whom are independent; Dominic Wells serves as CEO and Chair.

• Committees include Audit, Compensation, and Nominating & Corporate Governance, all compliant with Nasdaq rules.

• The Board values diversity, ethics, and independence, with a code of conduct and anti-hedging policy in place.

• Directors and officers collectively own about 39% of outstanding shares.