Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 114

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 7
Chunk 114
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 19, 2025 with the SEC, represents the joint beneficial ownership by Kukac LLC and Kayrow Limited of (a) 1,973,552 Class A Ordinary Shares, (b) warrants exercisable for 785,855 Class A Ordinary Shares, and (c) promissory notes convertible into 830,853 Class A Ordinary Shares. The principal business address of Kukac LLC/ Kayrow Limited is 9060 W Cheyenne Ave., Las Vegas, NV 88129.

Table of C ontents

(4) Based on information available to the Company and information reported on a Schedule 13G filed on November 4, 2024 with the SEC, reflects (a) 1,575,061 Class A Ordinary Shares, and (b) an additional 117,640 Class A Ordinary Shares acquired in March 2025. The principal business address of Varana Capital, LLC is 3141 Walnut St, Ste 203b, Delaware.

(5) Based on information available to the Company, reflects 833 Class A Ordinary Shares and 1,390,287 Class A Ordinary Shares underlying options that are exercisable within 60 days of May 7, 2025.

(6) Based on information available to the Company, reflects 1,390,287 Class A Ordinary Shares underlying options that are exercisable within 60 days of May 7, 2025.

(7) Consists of shares held by Samvardhana Motherson International Limited and Samvardhana Motherson Automotive Systems Group B. V. See footnote (2) above.

Registered Holders

As of May 7, 2025, we had 36 holders of record of our Class A Ordinary Shares in the U. S., including Cede & Co., the nominee of The Depository Trust Company. These shareholders held in the aggregate 26,499,178 of our outstanding Class A Ordinary Shares, or 93.8% of our outstanding Class A Ordinary Shares as of May 7, 2025. The number of record holders in the U. S. is not representative of the number of beneficial holders nor is it representative of where such beneficial holders are resident because many of these Class A Ordinary Shares were held by brokers or other nominees.

Significant Changes

In November 2024, Clal Insurance Enterprises Holdings Ltd. reported changes in its beneficial ownership, as their beneficial ownership percentages had decreased from 5.4% to 4.2%, over