LiqTech International (LIQT) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for November 8, 2024, at company headquarters in Denmark, with proxy materials available online and by mail.

• Shareholders are encouraged to vote on four key proposals, including director elections, auditor ratification, share issuance, and executive compensation.

• Only holders of record as of September 18, 2024, are entitled to vote; 5,845,314 shares of common stock are outstanding, each with one vote.

Voting matters and shareholder proposals

• Proposals include: election of five directors, ratification of Sadler, Gibb & Associates as auditors, approval of share/warrant issuance under a Securities Purchase Agreement, and a non-binding advisory vote on executive compensation.

• Board recommends voting in favor of all proposals; broker non-votes expected for non-routine items.

• Shareholder proposals for the 2025 meeting must be submitted in accordance with SEC and bylaw requirements.

Board of directors and corporate governance

• Board consists of five directors, all with significant industry, financial, and leadership experience.

• Committees: Audit (Meeusen, Boswell, Kunz), Compensation (Boswell, Meeusen, Buehler, Kunz), Governance & Nominating (Buehler, Meeusen, Boswell, Kunz); all members are independent.

• Board diversity: 1 female, 4 male directors; skills include engineering, finance, water/clean energy, and global management.

• Board leadership is separated between Chairman (Buehler) and CEO (Chen); independent directors meet in executive session.