Pony AI Re-Elects Two Directors and Approves Share Issuance and Buyback Mandate
PONY•Pony AI shareholders re-elected Fei Zhang and Takeo Hamada as non-executive directors and approved a general mandate to issue, allot and deal with additional Class A ordinary shares and ADSs. The board received a mandate to repurchase its own shares and ADSs during the periods specified in the AGM Notice.
1. Resolutions Approved at AGM
At the annual general meeting held on June 8 in Guangzhou, Pony AI secured shareholder approval for all proposed resolutions outlined in the AGM Notice dated April 22, 2026.
2. Directors Re-Elected
Shareholders re-elected Fei Zhang and Takeo Hamada as non-executive directors, ensuring continuity in the company’s board oversight and strategic guidance.
3. Equity Issuance Mandate
The board received a general mandate to issue, allot and deal with additional Class A ordinary shares and ADSs, enabling potential capital raising or strategic transactions over the mandate period.
4. Share Repurchase Mandate
A parallel mandate empowers the company to repurchase its own ordinary shares and ADSs, offering flexibility for share buybacks to support market stability or return value to investors.
