Ainos (AIMD) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for September 27, 2024, in Taiwan, with record date set as August 5, 2024.

• Key proposals include auditor ratification, reservation of special stock awards, and potential adjournment authorization.

• Shareholders can vote by internet, phone, or mail, and may revoke proxies before the meeting.

• Proxy materials and annual report are available online for review.

Voting matters and shareholder proposals

• Proposal 1: Ratification of KCCW Accountancy Corp. as independent auditor for 2024.

• Proposal 2: Approval to reserve up to 2 million shares as special stock awards, not under the 2023 Stock Incentive Plan.

• Proposal 3: Authorization to adjourn the meeting if more votes are needed.

• Board recommends voting FOR all proposals.

• Majority of shares present or represented by proxy required for approval of each proposal.

Board of directors and corporate governance

• Board consists of seven members, with three qualifying as independent under SEC and Nasdaq rules.

• Audit and Compensation Committees are established, each with independent members.

• Audit Committee members are financial experts as defined by SEC regulations.

• Code of business conduct and ethics applies to all directors, officers, and employees.

• Directors and officers are indemnified and covered by insurance against certain liabilities.