Proxy Vote Update: Ocean Power Technologies (12/12/21)

rF Voting Results:

1. Vote for the election of of the following nominees:
   1. Terence J. Cryan – FOR
   2. Philipp Stratmann – Against – Non founder CEO also on the board 
   3. Clyde W. Hewlett – FOR
   4. Diana G. Purcel – FOR
   5. Peter E. Slaiby – FOR
   6. Natalie Lorenz-Anderson – FOR
2. To approve an amendment to the 2015 Omnibus Incentive Plan (the “2015 Plan”) to increase the number of shares of our common stock available for grant under the 2015 Plan from 1,332,036 to 3,132,036 in order to ensure that adequate shares will be available under the 2015 Plan for future grants. – FOR
3. To consider and take action on the ratification of the selection of EisnerAmper LLP as our independent registered public accounting firm for fiscal year 2022. – FOR
4. To vote on an advisory resolution to approve our executive officer compensation. – FOR