Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 115

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 7
Chunk 115
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 the course of 2024, causing it to cease to be a 5% shareholder of the Company.

Based on the Class A Ordinary Share information available to the Company, Varana Capital LLC beneficially owns 6.0% of the outstanding Class A Ordinary Shares, as of April 28, 2025, compared to 8.46%, as reported on its Form 13G, as filed with the SEC on November 4, 2024.

According to theClass A Ordinary Share amount in its Form 13D filed on March 28, 2025 and information available to the Company, M& G Investment Management Limited (MAGAIM) along with certain investment vehicles managed by MAGAIM, beneficially owned 19.5% of the outstanding Class A Ordinary Shares (inclusive of Convertible Notes, Warrants, and Pre-Funded Warrants). Previously, MAGAIM owned 19.19%, 16.13% and 6.12% of our Class A Ordinary Shares, as disclosed in its Form 13G/A as filed with the SEC on October 7, 2024, April 9, 2024, and February 13, 2024, respectively.

According toClass A Ordinary Share amount in its Schedule 13D filed with the SEC on April 2, 2025 and information available to the Company, Samvardhana Motherson Automotive Systems Group B. V., an indirect wholly-owned subsidiary of Samvardhana Motherson International Limited, held 18.5% of the Company’s Class A Ordinary Shares compared to 19.6% as of September 26, 2024.

According to theClass A Ordinary Share amount in its Form 13D/A filed with the SEC on March 19, 2025 and information available to the Company, Kukac LLC and Kayrow Limited beneficially owned 12.0% of the outstanding Class A Ordinary Shares compared to 14.2% as of October 2, 2024, based upon its Schedule 13D as filed with the SEC on October 2, 2024.

Each of Daniel Barel and Ahishay Sardes beneficially owned 4.7%, respectively, of the outstanding Class A Ordinary Shares, as ofMay 7, 2025, compared to 11.4%, as of March 12, 2024, based upon the Company’s Form 20-F, as filed with the SEC on March 27,