Aeva Technologies (AEVA) Proxy Filing summary

Executive summary

• Daniel Gibson, Founder and CIO of Sylebra Capital, was appointed as a Class III independent director effective May 1, 2025, following the resignation of Christopher Eberle.

• Gibson's appointment is expected to support the company's commercial momentum and strategic execution as it approaches a key inflection point.

• Gibson brings extensive experience in technology investment and board service, including roles at Sylebra Capital, Impinj, and Coatue Management.

• The company continues to focus on commercialization of its next-generation sensing and perception technology for applications in autonomous driving, robotics, and more.

• Forward-looking statements highlight expectations for growth but caution about risks related to early-stage operations, manufacturing, and market adoption.

Board of directors and corporate governance

• Daniel Gibson was appointed to fill a board vacancy, nominated by Sylebra Capital per a stockholder agreement.

• Gibson is considered an independent director under Nasdaq standards.

• Christopher Eberle resigned from the board and all committees, with no disagreements cited.

• Gibson will receive standard non-employee director compensation, including cash retainers and restricted stock units.

• The company will enter into its standard indemnification agreement with Gibson.

Executive compensation and say-on-pay

• Gibson will receive a $50,000 annual retainer, $10,000 per committee served, and a $150,000 annual restricted stock unit grant vesting after one year or upon a change of control.