Stockholders approve 184M share increase to stock incentive plan at annual meeting

Lucid Group, Inc.

Stockholders approved amendment to 2021 Stock Incentive Plan, increasing authorized shares by 184 million for future equity grants.
Eight directors elected, including Turqi Alnowaiser, Douglas Grimm, Lisa Lambert, Andrew Liveris, Nichelle Maynard-Elliott, Chabi Nouri, Ori Winitzer, Janet S. Wong.
KPMG ratified as independent auditor for FY2025 with 2.77B votes for, 10M against.
Advisory say-on-pay proposal approved with 2.39B votes for, 13.8M against.
As of record date, common shares outstanding plus convertible preferred totaled 3,535M common equivalent shares.

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