Enlightify (ENFY) investor relations material

Executive summary

• Annual Meeting scheduled for January 8, 2026, to address key corporate actions and review performance.

• Proposals include director elections, equity plan amendment, stock issuance, and a reverse stock split.

• Shareholders can vote electronically, by mail, or in person, with detailed instructions provided.

• Board recommends voting in favor of all proposals.

Voting matters and shareholder proposals

• Election of seven directors to serve until the next annual meeting.

• Approval sought for an amendment to the 2023 Equity Incentive Plan, increasing available shares by 3 million.

• Proposal to issue up to 5,000,000 shares and 10,000,000 warrants, potentially exceeding 20% of current outstanding shares.

• Authorization for a reverse stock split at a ratio between 1-for-5 and 1-for-20 within 24 months.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of seven members, with four deemed independent under NYSE standards.

• Board committees: Audit, Compensation, and Nominating, each composed entirely of independent directors.

• Board held seven meetings and eight written consents in fiscal 2025; all directors attended at least 75% of meetings.

• Lead independent director structure in place to balance combined CEO/Chairman role.

• Code of Ethics and Corporate Governance Guidelines adopted and available to stakeholders.