Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 112

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 7
Chunk 112
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Item 7. Major Shareholders and Related Party Transactions

A. Major shareholders

The following table and accompanying footnotes set forth information with respect to the beneficial ownership of our Ordinary Shares, as of May 7, 2025:

• each person or entity who is known by us to be the beneficial owner of more than 5% of the outstanding Ordinary Shares;

• each of our current executive officers and directors, individually; and

• all of our executive officers and directors, as a group.

The SEC has defined “beneficial ownership” of a security to mean the possession, directly or indirectly, of voting power and/or investment power over such security. A shareholder is also deemed to be, as of any date, the beneficial owner of all securities that such shareholder has the right to acquire within 60 days after that date through (i) the exercise of any option, warrant or right, (ii) the conversion of a security, (iii) the power to revoke a trust, discretionary account or similar arrangement, or (iv) the automatic termination of a trust, discretionary account or similar arrangement. In computing the number of shares beneficially owned by a person and the percentage ownership of that person, Ordinary Shares subject to options or other rights (as set forth above) held by that person that are currently exercisable, or will become exercisable within 60 days thereafter, are deemed outstanding, while such shares are not deemed outstanding for purposes of computing percentage ownership of any other person. Each person named in the table has sole voting and investment power with respect to all of the Ordinary Shares shown as beneficially owned by such person, except as otherwise indicated in the table or footnotes below.

The percentage of Ordinary Shares beneficially owned is computed on the basis of 28,240,362 Class A Ordinary Shares and 2,780,570 Class B Ordinary Shares, or collectively Ordinary Shares, outstanding as of May 7, 2025.

Unless otherwise indicated, we believe that all persons named in the table below have sole voting and investment power with respect to all Ordinary Shares beneficially owned by them. To our knowledge, no Ordinary Shares beneficially owned by any executive officer, director or director nominee have been pledged as security.

Table of C ontents

                                                                      Percentage of Outstanding Class A Ordinary Shares                     Percentage of Outstanding Class B Ordinary Shares      Percentage of Total Voting Power  
  5% Holders:                                                                                                                                                                                                                        
  M& G Investment Management Limited (1)               5,815,179      19.5