Company: REE
Filing Date: 2025-11-12
Form Type: 6-K/A
Source: 0001213900-25-108470
Chunk: 2

Company: REE Automotive Ltd.
Filing Date: 2025-11-12
Form: 6-K/A
Chunk 2
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 committee and Board of Directors believe that the special cash bonus for 2024 together with the proposed amended terms of
employment for Mr. Barel, as described above, will allow the Company to retain, encourage and incentivize Mr. Barel, including during
the Company’s current challenges, and help promote the realization of the Company’s strategic goals and objectives. In particular,
the compensation committee and Board of Directors believe that the proposed equity compensation components of the proposed amended terms
of employment will allow us to share with Mr. Barel, proportionately, the fruits of any increase in the Company’s ordinary share
value over time, aligning with shareholder interests and incentivizing him to maximize the results of the Company’s activities and
market price of its ordinary shares in the long-term, as well as to encourage and strengthen Mr. Barel’s sense of partnership and
interest in the long-term success of the Company.

Additionally,
the Board believes that Mr. Barel’s willingness to defer the special cash bonus for 2024 until the occurrence of either of the events
described above further encourages and incentivizes Mr. Barel, including during the Company’s current challenges, and further promotes
the realization of the Company’s strategic goals and objectives.

Taking
into account all the data and considerations examined and described above, the compensation committee and Board have concluded that the
proposed special cash bonus for 2024, the amended terms of employment, and the payment deferral (as solely concluded by the Board) for
Mr. Barel are reasonable, appropriate and consistent with the best interests of the Company, and are intended to provide Mr. Barel with
reasonable compensation for his services and appropriate incentives to achieve the Company’s future goals, thereby maximizing the
Company’s profits and market price of its ordinary shares.

Supplement to Proposal No. 3 (Approve a Special Cash Bonus Award for 2024 and an Amendment to the Terms of Employment for Mr. Ahishay Sardes, the Company’s Co-Founder, Chief Technology Officer and a Director of the Company)

Proposal No. 3 is supplemented to add the following after the end of the Section titled “Special Cash Bonus for 2024”:

Payment Deferral

After taking into account all factors and considerations required under the Company’s Compensation Policy, as amended by Proposal One, and the Companies Law, the Board of Directors approved, and recommend that the shareholders approve, a payment deferral as follows:

Payment to Mr. Sardes of the special