Amplitech Group (AMPG) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for December 18, 2024, to elect five directors and ratify the appointment of the independent auditor.

• Shareholders of record as of October 18, 2024, are eligible to vote, with 11,091,601 shares outstanding.

• Voting can be done via Internet, fax, email, mail, or in person, with detailed instructions provided.

• The Board recommends voting in favor of all director nominees and the auditor ratification.

Voting matters and shareholder proposals

• Proposals include electing five directors and ratifying Sadler, Gibb & Associates, LLC as the independent auditor for 2024.

• Shareholders may submit proposals or director nominations for the 2025 meeting between August 20 and September 19, 2025, or by June 30, 2025, for inclusion under SEC Rule 14a-8.

• No officers or directors have interests in the matters to be acted upon, except as nominees.

Board of directors and corporate governance

• The Board consists of five members, three of whom are independent under Nasdaq rules.

• Board committees include Audit, Compensation, and Nominating and Corporate Governance, each chaired by an independent director.

• The Board values diversity in age, gender, race, and experience, and considers stockholder recommendations for director candidates.

• The Chairman and CEO roles are combined; the Board regularly reviews its leadership structure.