Company: SERV
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015733
Chunk: 42

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 42
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 to Serve, Mr. Read served as a Controller for Apptronik Inc. from April 2023 to April 2024, as a Global Controller at REE Automotive Ltd. (Nasdaq: REE) from February 2021 to March 2023 and as an Assistant Global Controller at Coherent Corp. (NYSE: COHR) from January 2019 to January 2021. Mr. Read was also an associate and senior associate at PricewaterhouseCoopers LLP from July 2011 to January 2017. Mr. Read holds a Bachelor of Science in Business Administration (Accounting) from Duquesne University and is a Certified Public Accountant (Pennsylvania).

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TABLE OF CONTENTS

EXECUTIVE COMPENSATION As an “emerging growth company,” we have opted to comply with the executive compensation disclosure rules applicable to “smaller reporting companies,” as such term is defined in the rules promulgated under the Securities Act. This section discusses the material components of the executive compensation program for the Company’s named executive officers who appear in the “— 2024 Summary Compensation Table” below. In 2024, the “named executive officers” and their positions with the Company were as follows:

| • | Ali Kashani: Chief Executive Officer |

| • | Touraj Parang: President & Chief Operating Officer |

| • | Brian Read: Chief Financial Officer |

This discussion may contain forward-looking statements that are based on our current plans, considerations, expectations and determinations regarding future compensation programs. Actual compensation programs that we adopt may differ materially from the currently planned programs summarized in this discussion. 2024 Summary Compensation Table The following table sets forth information concerning the compensation of the named executive officers for the fiscal years ended December 31, 2024 and 2023.

| Name and Principal                  
 Position                            |      |     | Year |         |     |  Salary 
     ($) |   |     |  Bonus 
    ($) |   |     |     Stock 
    Awards 
    ($)(1) |        |     | Option 
 Awards 
 ($)(2) |   |     | Non-Equity     
 Incentive Plan 
 Compensation   
 ($)            |   |     | All Other    
 Compensation 
 ($)          |         |     |     Total 
       ($) |
| Ali Kashani                         
 Chief Executive Officer             |      |     | 2024 |         |     | 236,667 |   |     |      — |   |     |