Acorn Energy (ACFN) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for September 17, 2025, both in-person and online, to elect five directors, ratify the selection of the independent auditor, and hold an advisory vote on executive compensation.

• Stockholders of record as of July 21, 2025, are entitled to vote, with 2,498,316 shares outstanding.

• Proxy materials, including the 2024 Annual Report, are available online, and stockholders are encouraged to vote by mail, phone, or internet.

• Forward-looking statements are included, with caution regarding risks and uncertainties affecting future results.

Voting matters and shareholder proposals

• Proposals include: election of five directors, ratification of CBIZ CPAs P.C. as auditor, and an advisory vote on executive compensation.

• The board recommends voting FOR all director nominees and FOR Proposals 2 and 3.

• Stockholder proposals for the 2026 meeting must be submitted by April 1, 2026, following SEC and by-law requirements.

Board of directors and corporate governance

• The board consists of five members, with four considered independent under NASDAQ rules.

• Directors have diverse backgrounds in finance, operations, and technology, and all attended at least 75% of meetings in 2024.

• The board has Audit, Compensation, and Nominating Committees, each composed of independent directors.

• A code of ethics and insider trading policy are in place, accessible via the company website.