Advent Technologies (ADN) AGM 2025 summary

Opening remarks and agenda

• Meeting convened at 9:00 A.M. with a welcome from the CEO and introduction of the Inspector of Elections.

• Only registered stockholders were eligible to vote; notice of meeting mailed to shareholders of record as of September 19, 2025.

• Agenda included election of directors, ratification of auditors, approval of stock issuance, incentive plan amendment, executive compensation, and other business.

Shareholder proposals

• Election of three Class II directors to serve until the 2028 annual meeting.

• Ratification of M&K CPAS, PLLC as independent registered public accounting firm for fiscal year ending December 31, 2025.

• Approval of potential issuance and sale of 20% or more of common stock, up to $52 million, to Hudson Global Ventures LLC.

• Amendment to the 2021 Incentive Plan to increase issuable shares and provide for annual increases through 2046.

• Advisory vote on executive compensation and on the frequency of such votes.

• Consideration of other business as may properly come before the meeting.

Overview of voting outcomes

• Quorum established with 39.73% of outstanding shares represented.

• Mark Tillenfriend, Seth Lukash, and Joseph Silia elected as Class II directors until 2028.

• Ratification of M&K CPAS, PLLC as auditor approved by majority vote.

• Approval granted for potential issuance and sale of 20% or more of common stock to Hudson Global Ventures LLC.

• Amendment to 2021 Incentive Plan approved, increasing issuable shares and setting annual increase provisions.

• Executive compensation approved by advisory vote.

• Advisory vote on executive compensation to be held every three years, as approved by majority.