Nayax Ltd. filed a supplemental proxy statement revising Proposal No. 2 for re-election of five directors and Proposal No. 3 for approval of an amended remuneration policy at the annual general meeting on May 19, 2026.
Key takeaways
Proposing re-election of Mr. Yair Nechmad, Mr. David Ben-Avi, Mr. Nir Dor, Mr. Reuven Ben Menachem, and Mr. Eran Havshush as directors for one-year terms until 2027 AGM.
Mr. Nir Dor and Mr. Reuven Ben Menachem qualify as independent directors under Nasdaq and Exchange Act requirements.
Board approved Amended Remuneration Policy on May 10, 2026, reducing maximum fixed component for CEO and CTO to ILS 1,950,000 from ILS 2,160,000.
Amended Policy caps total annual employment cost at ILS 6.9 million for CEO/CTO and ILS 4.85 million for other CEO subordinates.
Mr. Eran Havshush received consulting fees of $87,000, $91,000, $88,000 in 2025-2023; his firm A. Omer & Co. received $46,000, $63,000, $64,000.
Shareholder approval requires majority of voting power at the May 19, 2026 general meeting; Board recommends voting for all proposals.