Owlet (OWLT) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held virtually on August 12, 2026, allowing all shareholders to participate online regardless of location.

• Shareholders of record as of June 15, 2026, are entitled to vote on all matters at the meeting.

• Voting can be done online, by phone, mail, or during the meeting, with a 16-digit control number required for access.

• The Board recommends voting for all proposals, including director elections, executive compensation, auditor ratification, and the incentive plan amendment.

Voting matters and shareholder proposals

• Election of two Class II directors (Marc F. Stoll and Kurt Workman) for terms expiring in 2029.

• Advisory vote to approve 2025 executive compensation (Say-on-Pay).

• Advisory vote on the frequency of future Say-on-Pay votes, with the Board recommending annual votes.

• Ratification of PricewaterhouseCoopers LLP as independent auditor for 2026.

• Approval of an amendment to the 2021 Incentive Award Plan to increase reserved shares by 600,000.

Board of directors and corporate governance

• The Board consists of eight members divided into three classes, with regular evaluations and a focus on diversity and independence.

• Committees include Audit and Risk, Compensation, and Nominating and Corporate Governance, each with defined responsibilities and independent members.

• The Board separates the roles of Chairperson and CEO, currently held by Lior Susan and Kurt Workman, respectively.

• Corporate Governance Guidelines and a Code of Business Conduct and Ethics are in place.