Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 162

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 16A
Chunk 162
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Item 16A. Audit committee financial expert

Prior to the Meeting, our board of directors determined that Michal Marom-Brikman qualified as an “audit committee financial expert,” as defined by the rules of the SEC and had the requisite financial experience defined by the Nasdaq listing rules. Ms. Marom-Brikman was independent, as such term is defined in Rule 10A-3(b)(1) under the Exchange Act and under the listing standards of Nasdaq. Following the Meeting, our board of directors determined that we do not

Table of C ontents

currently have an “audit committee financial expert” serving on our audit committee because no member of our audit committee meets the criteria of an “audit committee financial expert” as defined in the instructions to Item 16A of Form 20-F. However, our audit committee consists exclusively of independent directors whose past employment experience in finance and/or other backgrounds results in each individual’s financial sophistication, as defined under applicable Nasdaq rules. We believe that the combined knowledge, skills and experience of such members enables them, as a group, to act effectively in the fulfillment of their tasks and responsibilities. In addition, our audit committee has the authority to engage outside experts as they deem appropriate to provide them with advice on matters related to their responsibilities. Our board of directors may consider the “audit committee financial expert” qualification as a criteria in future director nominations and appointments to our audit committee.

Item 16B. Code of Ethics