Cheetah Net (CTNT) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for November 7, 2025, at 7:00 p.m. ET and will be held virtually, with voting available online, by phone, mail, or during the meeting.

• Stockholders will vote on electing five directors, ratifying the auditor, approving a reverse stock split, authorizing potential share issuance for convertible notes, and possible adjournment.

• The record date for voting eligibility is September 29, 2025, with 2,715,761 Class A and 546,875 Class B shares outstanding.

• Proxy materials are available online and by mail, with efforts to reduce environmental impact and costs.

Voting matters and shareholder proposals

• Proposals include electing five directors, ratifying Assentsure as auditor, approving a reverse stock split (1-for-5 to 1-for-20), authorizing issuance of over 20% of shares for convertible notes, and potential adjournment.

• Board recommends voting FOR all proposals.

• Voting rights: Class A shares have 1 vote each, Class B shares have 15 votes each; certain proposals require separate class votes.

• No appraisal rights are available for dissenting stockholders.

Board of directors and corporate governance

• Five director nominees: Huan Liu (CEO/Chair), Xianggeng Huang, Xiangan Ruan, Huiping (Catherine) Chen, and Huibo Deng.

• Three of five directors are independent; all board committees are fully independent.

• Board committees: Audit (Huibo Deng, chair), Compensation (Huiping Chen, chair), Nominating & Governance (Xiangan Ruan, chair).

• Governance practices include annual elections, code of ethics, anonymous reporting, clawback policy, and 20% board gender diversity.