Senestech (SNES) Proxy filing summary

Executive summary

• Annual Meeting of Stockholders is scheduled for June 9, 2026, with key proposals up for vote.

• Board approved a revised amendment to the 2018 Equity Incentive Plan, reducing new shares to be added from 1.7 million to 1.2 million.

• The amendment aims to balance equity compensation needs with capital management and shareholder considerations.

• No further action is required from shareholders who have already voted in favor of the revised proposal.

Voting matters and shareholder proposals

• Shareholders are asked to approve an amendment to increase shares available under the 2018 Equity Incentive Plan, now revised to 1.2 million additional shares.

• Votes already cast in favor of Proposal No. 3 will count for the revised proposal unless changed.

Board of directors and corporate governance

• The Board reviewed anticipated equity compensation needs and market conditions before revising the proposal.

• The Board's actions reflect a focus on balancing compensation with responsible capital management.