Company: SONM
Filing Date: 2025-04-30
Form Type: PRRN14A
Source: 0001213900-25-037151
Chunk: 5

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-04-30
Form: PRRN14A
Chunk 5
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 This Proxy Statement and the accompanying BLUE universal proxy cardor BLUE voting instruction formare first being sent or given on or about [•], 2025 to holders of shares of Common Stock as of the Record Date. We are soliciting your vote because we strongly believe that the AJP/Orbic Nominees are the right leaders for Sonim at this critical time and that only through a transformation in leadership will the Company and stockholders see meaningful positive change. The AJP/Orbic Nominees are seasoned, industry professionals with the requisite education, skills, experience and appropriate sense of urgency to undertake a strategic assessment of Sonim and evaluate and, if appropriate, implement its strategic alternatives. Given Sonim’s lackluster financial performance, continuing and substantial decline in stock price over the last five years, it is clear to the AJP/Orbic Parties that a change in leadership and strategic focus is critical not only for Sonim, but also for Sonim’s stockholders to maximize return on their investment. Despite having formed the Special Committee several months ago, the Special Committee has been painfully slow to act, despite unprecedented market volatility and in the face of staggering financial losses, including a 2024 annual net loss of ($33.6million) or ($7.13) per share. While Sonim and the AJP/Orbic Parties have engaged in some preliminary discussions regarding the Proposal, the actions of the Special Committee to date have demonstrated that the Board of Directors is more interested in entrenching themselves and current management than maximizing stockholder value. In particular, Sonim’s purported denial of the AJP/Orbic Parties nominations highlights the current Board of Director’s determination to remain in office and an attempt to disenfranchise stockholders from the opportunity to make a meaningful choice regarding the go -forwardleadership of the Company. In addition, the Board of Directors’ approval of a more than doubling of change of control severance payments to current Chief Executive Officer, Hao (Peter) Liu, demonstrates the Board of Directors and Special Committee are not interested in fulfilling their fiduciary duties to stockholders. Stockholders of Sonim deserve to have directors who are willing to act in the best interests of all stockholders and in a manner that will allow Sonim to truly evaluate its strategic alternatives. The AJP/Orbic Parties do not believe that it should take the launch of a proxy contest to replace the Board of Directors to motivate Sonim to do the right thing, and the AJP/Orbic Parties are committed to