Company: HGBL
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056713
Chunk: 9

Company: Heritage Global Inc.
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 9
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 correspondence should be sent to the Secretary of Heritage Global at 12625 High Bluff Drive, Suite 305, San Diego, California, 92130.

All communications received as set forth in the preceding paragraph will be opened by an executive officer of the Company for the sole purpose of determining whether the contents represent a message to our directors. Any contents that are not in the nature of advertising or promotions of a product or service, or are not patently offensive material, will be forwarded promptly to the addressee. In the case of communications to the Board or any group or committee of directors, the executive officers will make sufficient copies of the contents to send to each director who is a member of the group or committee to which the envelope is addressed.

<div align='center'>8

PROPOSAL NO. 1: ELECTION OF CLASS I DIRECTORS</div>

General

Our Second Amended and Restated Articles of Incorporation (the “Charter”) divide our Board into three classes with the terms of office of each class ending in successive years. Our Charter empowers our Board to fix the exact number of directors and appoint persons to fill any vacancies on the Board.

Following a recommendation from the Corporate Governance Committee, our Board has nominated Samuel Shimer, Kelly Sharpe and Ross Dove for election as Class I directors of the Company to serve a three-year term to expire at the annual meeting of shareholders in 2028.

<div align='center'>THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE ELECTION OF

THESE NOMINEES AS DIRECTORS OF THE COMPANY.</div>

Each of the nominees has consented to being named as a director nominee in this Proxy Statement and has agreed to serve for the three-year term to which he or she has been nominated, if elected. It is the intention of the persons named as proxies, subject to any direction to the contrary, to vote in favor of the candidates nominated by the Board. We know of no reason why any nominee would be unable to serve as a director. If any nominee is unable to serve, your proxy may vote for another nominee proposed by the Board, or the Board may reduce the number of directors to be elected. If any director resigns, dies or is otherwise unable to serve out his term, or if the Board increases the number of directors, the Board may fill the vacancy.

We have set forth below information with respect to the nominees for election as director proposed by the Company and the other directors whose terms of office as directors