Company: CENN
Filing Date: 2025-06-27
Form Type: DEF 14A
Source: 0001140361-25-023970
Chunk: 42

Company: Cenntro Inc.
Filing Date: 2025-06-27
Form: DEF 14A
Chunk 42
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. Ge, and 10,000 shares of Common Stock that Mr. Ge has the right to acquire from us within 60 days of June 25, 2025, pursuant to the exercise of stock options granted under the 2023 Plan. |

| (8) | Consists of (i) 7,184,215 shares of Common Stock beneficially owned by our directors and executive officers and (ii) 594,759 shares of Common Stock underlying outstanding options, exercisable within 60 days of June 25, 2025. |

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TABLE OF CONTENTS ADDITIONAL INFORMATION TRANSACTIONS WITH RELATED PERSONS Except as set forth in our discussion in “Related Party Transactions” in our annual report for the fiscal year ended December 31, 2024, our directors and officers have not been involved in any transactions with us or any of our affiliates or associates which are required to be disclosed pursuant to the rules and regulations of the SEC. Our audit committee, pursuant to its written charter, is responsible for reviewing and approving related party transactions to the extent we enter into such transactions. The audit committee will consider all relevant factors when determining whether to approve a related party transaction, including whether the related party transaction is on terms no less favorable than terms generally available to an unaffiliated third-party under the same or similar circumstances and the extent of the related party’s interest in the transaction. We will require each of our directors and executive officers to complete an annual directors’ and officers’ questionnaire that elicits information about related party transactions. These procedures are intended to determine whether any such related party transaction impairs the independence of a director or presents a conflict of interest on the part of a director, employee or officer. SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE Section 16(a) of the Securities Exchange Act of 1934, as amended, requires our officers, directors and persons who beneficially own more than ten percent of our Common Stock to file reports of ownership and changes in ownership with the SEC. These reporting persons are also required to furnish us with copies of all Section 16(a) forms they file. Based solely upon a review of such Forms, we believe that during the year ended December 31, 2024, there were no delinquent filers. HOUSEHOLDING OF MATERIALS Some banks, brokers, and other nominee record holders may be participating in the practice of “householding” proxy statements and annual reports. This means that only one copy of