Company: REE
Filing Date: 2025-03-27
Form Type: 424B5
Source: 0001013762-25-003025
Chunk: 25

Company: REE Automotive Ltd.
Filing Date: 2025-03-27
Form: 424B5
Chunk 25
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 at least 5% of the voting rights is required to permit a
shareholder to request that the board of directors include such matter on the agenda). REE’s Amended and Restated Articles contain
procedural guidelines and disclosure items with respect to the submission of shareholder proposals for general meetings. Subject to the
provisions of the Companies Law and the regulations promulgated thereunder, shareholders entitled to participate and vote at general meetings
of shareholders are the shareholders of record on a date to be decided by the board of directors, which, as a company listed on an exchange
outside Israel, may be between four and 60 days prior to the date of the meeting. Furthermore, the Companies Law requires that resolutions
regarding the following matters must be passed at a general meeting of shareholders:

| ● | amendments to the articles of association; |

| ● | appointment,                                              
 terms of service and termination of services of auditors; |

| ● | appointment of directors, including external directors (if applicable); |

| ● | approval of certain related party transactions; |

| ● | increases or reductions of authorized share capital; |

| ● | a merger; and |

| ● | the exercise of the board of director’s powers by a general meeting,                                                                  
 if the board of directors is unable to exercise its powers and the exercise of any of its powers is required for proper management of 
 the company.                                                                                                                          |

The Companies Law requires that a notice of any annual general meeting
or special general meeting be provided to shareholders at least 21 days prior to the meeting and, if the agenda of the meeting includes
(among other things) the appointment or removal of directors, the approval of transactions with office holders or interested or related
parties, or an approval of a merger, notice must be provided at least 35 days prior to the meeting. Under the Companies Law and REE’s
Amended and Restated Articles, shareholders are not permitted to take action by way of written consent in lieu of a meeting.

Quorum

Pursuant to REE’s Amended and Restated Articles, the quorum required
for REE’s general meetings of shareholders consists of at least two shareholders present in person or by proxy who hold or represent
at least 33⅓% of the total outstanding voting power of its shares, except that if (i) any such general meeting was initiated by
and convened pursuant to a resolution adopted by the board of directors and (ii) at the time of such general meeting