Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 131

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 131
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 a member of our Board since April 2025. Mr. Thienemanis the founder and chief executive officer of Thieneman Construction, Inc., a self-performing environmental general contractor specializing in water and wastewater treatment projects, from April 1999 to present. He held multiple positions at Bowen Engineering, a nationwide industrial water and CCR construction expert, including serving as Vice President from 1997 to 1999. Mr. Thieneman also is the co-inventor of Algaewheel, the world’s most commercially advanced algal wastewater treatment technology with patents in twenty countries, and he serves as the Vice President Operations since 2005. Prior to this, he established Thieneman Homes in 2000 and Thieneman Properties, LLC in 2007. Mr. Thieneman holds a Bachelor of Science degree in engineering and management from Purdue University. We believe Mr. Thieneman is qualified to serve on our Board due to his significant experience in the continued growth and success of companies and management.

Understandings and Arrangements

Effective December 24, 2024, pursuant to the December 2024 Exchange Agreement, the Board formally appointed Arun Jeldi as a director of the Company to fill a newly created vacancy. Mr. Jeldi was designated as a Class III director in accordance with our Certificate of Incorporation and Bylaws to serve a term expiring at our 2027 annual meeting of stockholders and will serve in such capacity until his successor is duly elected and qualified or until his earlier death, resignation, disqualification or removal.

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<div align='center'>Confidential Treatment Requested by Velo3D, Inc.

Pursuant to 17 CFR 200.83</div>

Corporate Governance

Although our common stock is quoted on the OTCQX, upon the consummation of this offering and listing on the Nasdaq Capital Market, we will adhere to the corporate governance and other listing standards adopted by Nasdaq.

We are strongly committed to good corporate governance practices. These practices provide an important framework within which our Board and management can pursue our strategic objectives for the benefit of our stockholders.

Corporate Governance Guidelines

Our Board has adopted Corporate Governance Guidelines that set forth expectations for directors, director independence standards, board committee structure and functions, and other policies for the governance of our company. Our Corporate Governance Guidelines are available on the “Investor Relations” section of our website, which is located at www.ir.velo3d.com,