Pamt Corp (PAMT) Proxy Filing summary

Executive summary

• Annual meeting scheduled for August 1, 2024, to vote on director elections, a new equity incentive plan, redomestication to Nevada, and auditor ratification.

• Board recommends approval of all proposals, including the 2024 Equity Incentive Plan and redomestication.

• Shareholders of record as of June 6, 2024, are eligible to vote; quorum requires a majority of outstanding shares.

Voting matters and shareholder proposals

• Proposals include electing nine directors, approving the 2024 Equity Incentive Plan, redomestication to Nevada, and ratifying Grant Thornton LLP as auditor.

• Board recommends voting FOR all proposals; majority or plurality required for approval depending on the item.

• Shareholder proposals for the 2025 meeting must be received by specified deadlines and comply with bylaw requirements.

Board of directors and corporate governance

• Board consists of nine members, with four meeting NASDAQ independence standards.

• Board structure separates Chairman and CEO roles; active risk oversight through committees.

• Three standing committees: Audit, Compensation, and Executive; no separate nominating committee.

• Board diversity matrix disclosed; code of ethics applies to all directors and officers.