Socket Mobile (SCKT) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for June 4, 2025, in a virtual format, with voting on director elections, executive compensation, and auditor ratification.

• Only stockholders of record as of April 4, 2025, are entitled to vote; 7,952,988 shares of Common Stock are outstanding.

• The Board recommends voting in favor of all proposals, including the re-election of six directors, approval of executive compensation, and ratification of the independent auditor.

Voting matters and shareholder proposals

• Proposals include electing six directors, a non-binding advisory vote on executive compensation, and ratifying Sadler, Gibb & Associates, LLC as independent auditors.

• Shareholders may submit proposals for the 2026 meeting by December 2, 2025, and director nominations by February 15, 2026.

• Cumulative voting is allowed for director elections if properly noticed at the meeting.

Board of directors and corporate governance

• Six nominees for director: Charlie Bass, Kevin Mills, Bill Parnell, Ivan Lazarev, Lynn Zhao, and Felix Marx; Alexis Hartmann is not standing for re-election.

• All nominees except Mills and Zhao are independent under Nasdaq standards.

• The Board held five meetings in 2024; all directors attended at least 75% of meetings.

• The Audit, Compensation, and Nominating Committees are composed solely of independent directors.

• The Chairman of the Board is an independent director, separate from the CEO.