CBAK Energy Technology (CBAT) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for December 6, 2024, to elect five directors and ratify the appointment of ARK Pro CPA & Co as independent auditor for 2024.

• Only shareholders of record as of October 8, 2024, are entitled to vote.

• Board recommends voting FOR all director nominees and auditor ratification.

• Proxy materials are available online, and shareholders can vote by Internet, mail, or in person.

Voting matters and shareholder proposals

• Proposals include election of five directors and ratification of ARK Pro CPA & Co as auditor.

• No other business is expected, but proxies may vote on unforeseen matters at their discretion.

• Shareholder proposals for the 2025 meeting must be received by December 31, 2024.

Board of directors and corporate governance

• Board consists of five members, with a mix of industry, financial, and academic expertise.

• Three standing committees: Audit, Compensation, and Nominating & Corporate Governance, all comprised of independent directors.

• Board diversity includes two female and three male directors.

• CEO also serves as Chairman, with rationale provided for combined roles.

• Code of Business Ethics and Conduct in place, with no waivers or amendments in 2023.