Freight Technologies Inc.

12/13/2024 | Press release | Distributed by Public on 12/13/2024 16:29

Proxy Results Form 8 K

Item 5.07 Submission of Matters to a Vote of Security Holders.

On December 13, 2024, 2:00 pm EST, Freight Technologies, Inc. (the "Company") held its Annual Meeting of Shareholders (the "Annual Meeting"). A total of 898,724 ordinary shares or 44.82% of the issued and outstanding ordinary shares constituting a quorum, were represented in person or by valid proxies at the Annual Meeting. The final results for each of the matters submitted to a vote of shareholders at the Annual Meeting, as set forth in the Proxy Statement, filed with the Securities and Exchange Commission on October 28, 2024, are as follows:

Proposal 1: The Company's shareholders elected each of the following five nominees as directors, to serve until the next Annual Meeting of Stockholders and until his/her respective successor is elected and duly qualified, by the following vote:

NOMINEES FOR AGAINST WITHHELD BROKER NON-VOTE
1. Javier Selgas 323,786 69,325 9,313 496,224
2. Nicholas H. Adler 331,363 61,805 9,256 496,224
3. William Samuels 330,337 62,764 9,323 496,224
4. Marc Urbach 330,764 62,339 9,321 496,224
5. Paul Freudenthaler 330,590 62,462 9,372 496,224

Proposal 2: The Company's shareholders voted to ratify the appointment of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 by the following vote:

FOR AGAINST ABSTAIN
635,688 258,651 4,309

Proposal 3: The Company's shareholders voted to ratify the amendment to the amended and restated memorandum and articles of association of the Company (the "M&A") to provide that the ordinary shares shall have no par value.

FOR AGAINST ABSTAIN BROKER NON-VOTE
299,831 96,864 5,729 496,224

Proposal 4: The Company's shareholders voted to approve the proposed amendment to the M&A to reduce the quorum for a shareholder meeting from not less than 50% of the votes of the ordinary shares entitled to vote to one-third of the votes of the ordinary shares entitled to vote.

FOR AGAINST ABSTAIN BROKER NON-VOTE
286,098 105,617 10,709 496,224

Proposal 5: The Company's shareholders conducted an advisory vote on the Company's named executive officers.

FOR AGAINST ABSTAIN BROKER NON-VOTE
334,582 66,214 1,628 496,224