Company: SONM
Filing Date: 2025-05-23
Form Type: PREC14A
Source: 0001641172-25-012277
Chunk: 32

Company: SONIM TECHNOLOGIES INC
Filing Date: 2025-05-23
Form: PREC14A
Chunk 32
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 searches, in selecting candidates and existing directors for service on the Board. An acceptable candidate may not fully satisfy all of the criteria, but is expected to satisfy nearly all of them. In considering candidates recommended by the Nominating and Corporate Governance Committee, the Board intends to consider such factors as:

| ● | possessing                                                                           
 relevant expertise upon which to be able to offer advice and guidance to management, |
| ● | having                                                                               
 sufficient time to devote to the affairs of Sonim;                                   |

| 19 |

| ● | demonstrated                                                                                                                     
 excellence in his or her field;                                                                                                  |
| ● | having                                                                                                                           
 the ability to exercise sound business judgment and having the commitment to rigorously represent the long-term interests of our 
 stockholders;                                                                                                                    |
| ● | current                                                                                                                          
 composition of the Board; and                                                                                                    |
| ● | diversity,                                                                                                                       
 age, skills, and such other factors as it deems appropriate given the current needs of the Board and Sonim to maintain a balance 
 of knowledge, experience, and capability.                                                                                        |

At this time, the Nominating and Corporate Governance Committee does not have a policy with regard to the consideration of director candidates recommended by stockholders. The Nominating and Corporate Governance Committee believes that it is in the best position to identify, review, evaluate, and select qualified candidates for Board membership, based on the comprehensive criteria for Board membership approved by the Board.

Anti-hedging policy

Our Board has adopted an Insider Trading Policy, which applies to all of our directors, officers, and employees. The policy prohibits our directors, officers, and employees from engaging in hedging transactions and all other forms of monetization transactions: no officer, director, employee, or consultant to Sonim may engage in short sales, transactions in put or call options, hedging transactions, margin accounts, pledges, or other inherently speculative transactions with respect to our stock at any time.

Clawback policy (recoupment of erroneously awarded incentive-based compensation)

In accordance with the Nasdaq Listing Rules and Rule 10D-1 under the Exchange Act, our Board has adopted a Clawback Policy For Incentive-Based Compensation (the “Clawback Policy”) that applies to our current and former executive officers. Under the Clawback Policy, we are required to recoup the amount of any Erroneously Awarded Compensation (as defined in the Clawback Policy) without regard to any taxes paid within a specified lookback period in the event of any Accounting Restatement