Faraday Future Intelligent Electric (FFIE) Proxy filing summary

Executive summary

• Special Meeting scheduled for August 12, 2026, to be held virtually for all stockholders of record as of June 17, 2026.

• Three key proposals will be voted on: issuance of common stock for convertible notes, a corporate name change, and potential adjournment to solicit more proxies.

• Board recommends voting in favor of all proposals.

• Voting can be done online, by phone, mail, or during the virtual meeting; quorum requires one-third of voting power present or represented.

Voting matters and shareholder proposals

• Proposal 1: Approve issuance of common stock to holders of certain convertible notes, exceeding 20% of current outstanding shares, in compliance with Nasdaq Rule 5635(d).

• Proposal 2: Approve amendment to change the company’s name to Faraday Future Physical AI Ecosystem Inc., reflecting a strategic shift toward AI integration.

• Proposal 3: Approve adjournment of the meeting if more time is needed to solicit proxies.

• Board recommends voting “FOR” all proposals.

• Stockholder proposals for the 2027 Annual Meeting must be received by December 24, 2026, for inclusion.

Board of directors and corporate governance

• Recent changes include appointments and resignations among directors and executive officers in 2026.

• Board retains authority to abandon the name change if deemed not in the company’s best interest.

• Lead Independent Director appointed in April 2026.