Company: CELH
Filing Date: 2025-04-02
Form Type: PRE 14A
Source: 0001193125-25-071343
Chunk: 17

Company: Celsius Holdings, Inc.
Filing Date: 2025-04-02
Form: PRE 14A
Chunk 17
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                  | 23,040,969 |     | -11 |     |               | 8.94%  |
| The Vanguard Group 100 Vanguard Blvd. Malvern, PA 19355                                                      |     |                  | 13,746,472 |     | -12 |     |               | 5.33%  |

| * | Less than 1% |

| (1) | Includes 2,687 shares of our common stock that are issuable upon the exercise of restricted stock units (“RSUs”) and 1,708,080 shares of our common stock that are issuable upon the exercise of vested stock options held by Mr. Fieldly. |

| (2) | Includes 11,157 shares of our common stock subject to RSUs that will vest within 60 days of the Record Date held by Mr. Langhans. |

| (3) | Includes (a) 5,145 shares of our common stock subject to RSUs that will vest within 60 days of the Record Date held by Mr. Storey, and (b) 450 shares of our common stock held jointly with his spouse. |

| (4) | In addition to the individuals listed above, includes Mr. Eric Hanson, the Company’s President and Chief Operating Officer, and Ms. Kyle Watson, the Company’s Chief Marketing Officer, each of whom the Board has determined is an executive officer within the meaning of Rule 3b-7 under the Securities Exchange Act of 1934, as amended. |

| (5) | The information as to beneficial ownership is based on a Schedule 13G/A filed on February 12, 2025 with the SEC on behalf of William H. Milmoe. Represents (a) 261,245 shares of common stock held of record by Mr. Milmoe, (b) 23,321,589 shares of common stock held of record by CD Financial, LLC (“CD Financial”), (c) 10,800,000 shares of common stock held of record by GRAT 1, LLC (“GRAT 1”), and (d) 1,318,067 shares of common stock held by the estate of Carl DeSantis (the “Estate”). The Schedule 13G/A states that Mr. Milmoe has shared voting and dispositive power with respect to shares of common stock held by CD Financial, GRAT 1 and the Estate. |

| 2025 PROXY STATEMENT |     | 9