RADA Electronic Industries: NOTICE OF POSTPONEMENT OF 2022 ANNUAL GENERAL MEETING OF SHAREHOLDERS – Form 6-K


NOTICE OF POSTPONEMENT OF THE GENERAL MEETING OF SHAREHOLDERS 2022

AS OF JULY 14, 2022

RADA Electronic Industries Ltd. Shareholders:

This is to inform you that our 2022 Annual General Meeting of Shareholders, or Meeting, scheduled for June 30, 2022, has been postponed to 10:00 a.m. (Israel time) on Thursday, July 14, 2022, in accordance with Israeli law allowing for such additional deferral. The Meeting will be held at our offices at 7 Giborei Israel Street, Netanya, Israel, for the following purposes, which remain unchanged:

(1)

to re-elect five (5) directors, each for a term expiring at our 2023 annual general meeting of shareholders;

(2)

approve terms of service, including the granting of stock options to certain directors;

(3)

approve the allocation of options to purchase our shares to Mr. Yossi Ben Shalom, Chairman of our Board of Directors;

(4)

approve a grant of options to purchase our shares to Mr. Dov Sella, our Chief Executive Officer;

(5)

approve a grant of options to purchase our shares to certain members of senior management; and

(6)

to ratify and approve the reappointment of Kost Forer Gabbay & Kasierer, Registered Public Accountants, a member firm of Ernst & Young Global, as our independent registered public accountants for the year ended 31 December 2022 and to authorize our Board of Directors to determine their compensation based on the recommendation of our Audit Committee.

In addition, our audit report and consolidated financial statements for the year ended December 31, 2021 will be reviewed and discussed at the Meeting.

Shareholders of record at the close of business on May 16, 2022 are entitled to receive notice of and vote at the Meeting, and whether or not you plan to attend the Meeting, you are requested to complete, promptly date and sign the proxy card mailed to you.

IF YOU HAVE ALREADY VOTED, YOU HAVE NOTHING TO DO. IF YOU STILL NEED TO VOTE, PLEASE USE THE PROXY CARD ALREADY RECEIVED.

If your shares are registered directly in your name with our transfer agent, American Stock Transfer & Trust Company, LLC, or AST, you are considered, with respect to such shares, to be a registered shareholder, and the proxy documents have been sent directly to you by us.

If your shares are held in a brokerage account or by a trustee or nominee, or through a member of the Tel Aviv Stock Exchange or TASE, you are considered the beneficial owner of the shares held at ” street name” and such proxy documents are sent to you together with a voting instruction form by the broker, trustee or TASE Member holding your shares, or by an agent engaged by them, explaining how to direct the broker , trustee or agent to vote your shares. You are also invited to attend the meeting, but as a beneficial owner is not the registered shareholder, you cannot vote these shares directly at the meeting unless you obtain a “legal proxy” from the broker. , trustee or nominee who holds your shares. , entitling you to vote the shares at the Meeting or, if your shares are held by a member of the TASE, provide a certificate from your bank or stockbroker showing the number of shares you hold on the date of ‘registration.

If your shares are held through the Israeli Registrar for trading on the TASE, you must deliver or send (by registered mail) your completed proxy to our company offices, together with proof of ownership issued by your broker (ishur baalut), as of the date of recording. Alternatively, you can vote for our company’s common stock electronically through MAGNA, the Israel Securities Authority’s electronic voting system, until 11:59 p.m. (Israel time) on July 11, 2022. You should receive electronic voting instructions from your broker. .

Each Ordinary Share gives the right to one vote on each of the questions to be presented to the Meeting. The affirmative vote of the holders of the majority of the voting rights represented and voting on each of the proposals in person or by proxy is required to approve each of the proposals, except that the approval of proposal 4 requires that the affirmative vote of the Ordinary The shares must either comprise at least a majority of the ordinary shares voted by shareholders who are not controlling shareholders and who have no personal interest in the approval of the proposal, or the total of the shares of the shareholders without controlling and disinterested shareholders voting against the proposal shall not represent more than two percent of the outstanding Common Shares.

We distributed a proxy statement (which included the complete version of the proposed resolutions) and a proxy card to all shareholders. Shareholders may also view the proxy statement on our website at www.rada.com, on the distribution site of the Israel Securities Authority at www.magana.isa.co. it, the filing site of the Tel Aviv Stock Exchange Ltd. at www.maya .tase.co.il , the filing site of the Securities and Exchange Commission, or SEC, at www.edgar.gov, or at our principal executive offices at 7 Giborei Israel Street, Netanya, Israel, upon notice and during normal working hours (telephone number: +972-76-538-6200) until the date of the Meeting.

By order of the Board of Directors,

Yossi Ben Shalom

Chairman of the Board of Directors

June 28, 2022

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