Quantum Computing (QUBT) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for June 18, 2025, at the company’s Hoboken, NJ offices, with voting on director elections, executive compensation, and auditor ratification.

• Shareholders of record as of April 21, 2025, are entitled to vote, with 140,787,131 shares outstanding.

• Proxy materials are distributed primarily via Internet access to reduce costs and environmental impact.

Voting matters and shareholder proposals

• Shareholders will vote to elect six directors, approve executive compensation on an advisory basis, and ratify BPM LLP as the independent auditor for 2025.

• The board recommends voting in favor of all proposals.

• Shareholder proposals for the 2026 meeting must be received by January 8, 2026, for inclusion in proxy materials.

Board of directors and corporate governance

• The board consists of six members, five of whom are independent, with diverse backgrounds in quantum technology, finance, and industry.

• Dr. Yuping Huang will serve as interim CEO and Chairman following Dr. McGann’s resignation effective May 12, 2025.

• The board met 16 times in 2024, with all directors attending at least 75% of meetings.

• Committees include audit, compensation, and nominating/governance, each with independent chairs.

• The board encourages shareholder communications and regularly reviews its leadership structure and risk oversight.