Aemetis (AMTX) Proxy Filing summary

Executive summary

• Annual guarantee fee of $350,000 approved for McAfee Capital LLC for personal guarantees on company debt obligations.

• Discretionary cash bonuses awarded to executive officers for prior year performance, ranging from $50,000 to $200,000.

• Board authorized a share repurchase program of up to $80 million with no specified expiration date.

Voting matters and shareholder proposals

• Special meeting called for stockholders to vote on amendments to decrease authorized preferred stock and increase authorized common stock.

• Definitive proxy statement filed with the SEC regarding the proposed charter amendments.

Board of directors and corporate governance

• Governance, Compensation and Nominating Committee approved key compensation and guarantee fee arrangements.

• Board retains authority to modify, suspend, or discontinue the share repurchase program at any time.