Worksport (WKSP) Proxy filing summary

Executive summary

• The 2026 Annual Meeting will be held in person on September 3, 2026, at the company’s headquarters, with shareholders of record as of July 7, 2026, eligible to vote on five key proposals.

• Proposals include electing five directors, ratifying the independent auditor, an advisory vote on special dividends, authorizing stock splits, and approving adjournment if needed.

• The Board recommends voting “FOR” all proposals, emphasizing their alignment with shareholder interests and corporate governance best practices.

Voting matters and shareholder proposals

• Shareholders will vote on electing five directors, ratifying Lumsden & McCormick, LLP as auditor, an advisory resolution on special dividends, authorizing reverse/forward stock splits, and potential adjournment.

• The Board unanimously recommends approval of all proposals.

• Shareholder proposals and nominations for the 2027 meeting must be submitted in accordance with company bylaws and SEC rules.

Board of directors and corporate governance

• The Board consists of five directors, with three deemed independent under Nasdaq rules.

• Steven Rossi serves as CEO, President, and Chairman; Lorenzo Rossi, Craig Loverock, William Caragol, and Ned L. Siegel are directors.

• Committees include Audit, Compensation, and Nominating & Corporate Governance, each with defined charters and independent membership.

• The Board oversees risk management, with committees handling financial, compensation, and governance risks.

• A code of business conduct and ethics applies to all directors, officers, and employees.