SPAR Group (SGRP) Proxy Filing summary

Executive summary

• Special meeting scheduled for October 25, 2024, to vote on the proposed acquisition by Highwire and related matters.

• Stockholders are encouraged to vote via Internet or telephone for convenience and efficiency.

• Proxy materials and information about the proposed acquisition are available on the SEC and company websites.

Voting matters and shareholder proposals

• Stockholders will vote on adopting and approving the Merger Agreement and related transactions, including the Merger.

• Advisory vote on compensation payable to named executive officers in connection with the Merger.

• Proposal to adjourn the special meeting if necessary is also up for a vote.

• Approval of the Merger Agreement requires a majority of outstanding shares as of October 1, 2024.

Board of directors and corporate governance

• The Board of Directors unanimously recommends voting in favor of all proposals related to the Merger.

• Directors and certain executive officers may be considered participants in the proxy solicitation.