Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 138

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 138
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 member of our Board since April 2025. Mr. Lloyd is the Vice President of Maritime Engineering and Design of TotalTek since assuming the position in August 2024. He previously served as the Chief Engineer at Naval Sea Systems Command from May 2020 to June 2024. Prior to this tour, Lloyd held multiple positions at Newport News Shipbuilding, including Commanding Officer of Supervisor of Shipbuilding from 2017-2020 and as the First Reactor Officer on USS Gerald R. Ford from 2013 to 2016. Rear Admiral (ret) Lloyd holds a Master of Science in Mechanical Engineering from the Naval Postgraduate School and a Bachelor of Science degree in Mechanical Engineering from Florida State University. We believe Mr. Lloyd is qualified to serve on our Board due to his experience in maritime engineering and design and as a proven leader in the United States Navy.

Kenneth Thienemanhas served as a member of our Board since April 2025. Mr. Thieneman is the founder and chief executive officer of Thieneman Construction, Inc., a self-performing environmental general contractor specializing in water and wastewater treatment projects, from April 1999 to present. He held multiple positions at Bowen Engineering, a nationwide industrial water and CCR construction expert, including serving as Vice President from 1997 to 1999. Mr. Thieneman also is the co-inventor of Algaewheel, the world’s most commercially advanced algal wastewater treatment technology with patents in twenty countries, and he serves as the Vice President Operations since 2005. Prior to this, he established Thieneman Homes in 2000 and Thieneman Properties, LLC in 2007. Mr. Thieneman holds a Bachelor of Science degree in engineering and management from Purdue University. We believe Mr. Thieneman is qualified to serve on our Board due to his significant experience in the continued growth and success of companies and management.

Understandings and Arrangements

Effective December 24, 2024, pursuant to the December 2024 Exchange Agreement, the Board formally appointed Arun Jeldi as a director of the Company to fill a newly created vacancy. Mr. Jeldi was designated as a Class III director in accordance with our Certificate of Incorporation and Bylaws to serve a term expiring at our 2027 annual meeting of stockholders and will serve in such capacity until his successor is duly elected and qualified or until his earlier death, resignation, disqualification or removal.

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