TPI Composites enters cooperation agreement with investor group, extends nomination deadline for 2025 annual meeting

TPI COMPOSITES, INC

Deadline for director nominations extended to March 31, 2025; annual meeting not held before June 15, 2025.
Investor group (Dere Construction, Zeki Bora Turan, et al.) agrees to standstill until March 29, 2025.
Standstill limits investor group to ownership of no more than 26% of outstanding common stock.
Investor group restricted from proxy solicitations, stockholder proposals, and extraordinary transactions during standstill.
Board amended bylaws to accommodate the extended nomination deadline for 2025 annual meeting.

item 1.01 item 5.03 item 9.01

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