Milestone Scientific (MLSS) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for July 16, 2024, to be held virtually, with voting on director elections and auditor ratification.

• Record date for voting is May 28, 2024; 77,227,714 shares of common stock outstanding, each with one vote.

• Forward-looking statements are included, with reference to risk factors in recent SEC filings.

Voting matters and shareholder proposals

• Shareholders will vote on the election of seven directors and ratification of Marcum LLP as independent auditors for 2024.

• No other proposals or business are anticipated, but proxies may vote on additional matters if they arise.

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

Board of directors and corporate governance

• Board consists of seven members, majority independent, with separate Chairman and CEO roles for governance balance.

• Board met seven times in 2023; all members attended at least 75% of meetings.

• Standing committees: Audit, Compensation, and Nominating, all comprised of independent directors.

• Stockholders can communicate directly with the Board; director nominations by stockholders are considered.

• Code of ethics and insider trading policy in place; clawback policy adopted for excess compensation.