Company: SONM
Filing Date: 2025-06-24
Form Type: DEFN14A
Source: 0001213900-25-057305
Chunk: 42

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-06-24
Form: DEFN14A
Chunk 42
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 Proposal 4: VOTE, ON A NON-BINDING , ADVISORY BASIS, ON THE COMPENSATION OF
sONIM’S “NAMED EXECUTIVE OFFICERS” Based on information contained in the Company Proxy Statement, stockholders will be asked to vote on a non -binding, advisory basis, on the compensation of the Company’s “named executive officers” as disclosed in the Company Proxy Statement. The Company has indicated in its Proxy Statement that its stockholders are being asked to vote on the following advisory resolution: “RESOLVED, that the stockholders of Sonim Technologies, Inc. hereby approve, on a non -binding, advisory basis, the compensation paid to the Company’s named executive officers, as disclosed pursuant to Item 402 of Regulation S -K, including in the Executive and Director Compensation section, compensation tables and narrative disclosures.” Proposal 4, which is known as a “say -on -pay” proposal, allows the Company’s stockholders to express their views on the compensation paid to Sonim’s “named executive officers.” We recommend that you vote “ AGAINST” the Company’s “say -on -pay” proposal due to our belief that Sonim’s current executive compensation practices do not align with a pay -for -performancemindset that we believe is needed at the Company. Despite staggering financial losses in 2024, Sonim and its Board still chose to pay substantial bonuses to Sonim’s senior management team, provided them with large and lucrative equity award grants (which the vesting of all of which was accelerated) and amending existing employment agreements to more than double the change of control severance payments to Peter Liu and substantially increase change of control severance payments to Mr.Crolius. We do not believe these are appropriate actions for an organization that has provided -82.63%, -83.26% and -98.87% total stockholder returns over the most recent1,3, and 5 year periods (as of May29, 2025). Further, as discussed in the “REASONS FOR THE SOLICITATION,” the AJP/Orbic Parties believe Sonim’s changes to its severance arrangements and use of excessive equity award grants in 2025 has been undertaken in an effort to entrench themselves. WE RECOMMEND TO VOTE “AGAINST” THIS PROPOSAL AND INTEND TO VOTE OUR SHARES “AGAINST” THIS PROPOSAL 25 PROPOSAL NO. 5
ADVIS