ReposiTrak (TRAK) Proxy Filing summary

Executive summary

• The annual meeting is scheduled for November 20, 2024, at the company’s Utah headquarters, with proxy materials and the annual report available online to promote cost savings and environmental responsibility.

• Shareholders of record as of September 27, 2024, are eligible to vote on director elections, auditor ratification, and other business.

• The board unanimously recommends voting in favor of all proposals.

Voting matters and shareholder proposals

• Four director nominees are up for election for one-year terms expiring at the 2025 annual meeting.

• Ratification of Haynie & Company as independent auditors for the fiscal year ending June 30, 2025, is proposed.

• Shareholders may submit proposals and director nominations for the 2025 meeting, following specific deadlines and procedures.

Board of directors and corporate governance

• The board consists of four directors, three of whom are independent under NYSE and SEC rules.

• Committees include Audit, Compensation, and Nominating and Corporate Governance, all composed of independent directors.

• The board met four times in fiscal 2024, with all directors attending at least 75% of meetings.

• The board’s leadership structure combines the roles of Chairman and CEO, currently held by the founder.

• Shareholders can communicate directly with the board via the corporate secretary.