Aterian (ATER) investor relations material

Executive summary

• Special Meeting will seek approval for the sale of substantially all assets to Trademark Global for $18 million, subject to adjustments, and related strategic transactions, including a significant investment by David E. Lazar through preferred stock issuance for $7 million gross proceeds.

• The Board unanimously recommends voting in favor of all proposals, citing persistent macroeconomic headwinds, liquidity challenges, and the need for strategic realignment.

• The Asset Sale and Investment Transaction are designed to return value to shareholders, pay down liabilities, and reposition the company for future growth in new sectors.

• Net proceeds available for distribution to shareholders are estimated between $10.6 million and $14.2 million, or $0.85 to $1.14 per share.

Voting matters and shareholder proposals

• Eight proposals will be voted on: Asset Sale, Director Elections, Change of Control, Related Party Issuance, Issuance of Common Stock, Reverse Stock Split, Authorized Stock Increase, and Adjournment.

• Proposals 3, 4, and 5 (Change of Control, Related Party, Issuance) are interdependent and must all be approved to take effect.

• The Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board currently consists of five members, with a classified structure (three classes).

• Two new nominees, Avraham Ben-Tzi and David Natan, are proposed for election; if elected, several current directors will step down.

• David E. Lazar, incoming CEO and Chair, has the right to nominate additional directors post-closing.

• Board committees include Audit and Compensation, both comprised of independent directors.