Company: CELH
Filing Date: 2025-04-14
Form Type: DEF 14A
Source: 0001193125-25-080192
Chunk: 10

Company: Celsius Holdings, Inc.
Filing Date: 2025-04-14
Form: DEF 14A
Chunk 10
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 will have the practical effect of votes against that proposal because Proposal 4 requires the approval of a majority of the voting power of all of our outstanding common stock. Under applicable stock exchange rules, the proposal to elect the Board nominees identified in this proxy statement as directors (Proposal 1), the proposal with respect to a non-bindingadvisory resolution to approve the compensation of our Named Executive Officers (Proposal 2), the proposal with respect to a non-bindingadvisory vote on the frequency of advisory votes to approve the compensation of our Named Executive Officers (Proposal 3), the proposal to approve the Celsius Holdings, Inc. 2025 Omnibus Incentive Compensation Plan (Proposal 5), and the proposal to approve the Celsius Holdings, Inc. 2025 Employee Stock Purchase Plan (Proposal 6) are “non-routine”matters for which brokerage firms do not have discretionary authority to vote their customers’ shares if their customers did not provide voting instructions. For purposes of the Annual Meeting, if your shares are held in street name and you do not provide voting instructions to the bank, broker or other nominee that holds your shares as described above under “How Do I Vote?,” then the bank, broker or other nominee has the authority, even if it does not receive instructions from you, to vote on your behalf for the proposal to approve the Charter Amendment (Proposal 4) and the proposal to ratify Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025 (Proposal 7), but does not have authority to vote your shares for the proposal to elect Board nominees identified in this proxy statement as directors (Proposal 1), the proposal regarding Say on Pay (Proposal 2), the proposal regarding Say on Frequency (Proposal 3), the proposal to approve the Celsius Holdings, Inc. 2025 Omnibus Incentive Compensation Plan (Proposal 5), or the proposal to approve the Celsius Holdings, Inc. 2025 Employee Stock Purchase Plan (Proposal 6). Therefore, we encourage you to provide voting instructions because this will ensure your shares will be voted at the Annual Meeting in the manner you desire. What Constitutes a Quorum for the Annual Meeting? The presence, virtually or by proxy, of the holders of a majority of the shares entitled to vote at the Annual Meeting is necessary to constitute a quorum at the Annual Meeting. Votes of stockholders of record who are present at the Annual Meeting virtually or by proxy, abstentions, and broker non-v