Palatin Technologies (PTN) investor relations material

Executive summary

• Annual meeting scheduled for July 28, 2026, will be held virtually to enhance accessibility and participation for all shareholders.

• Key business items include election of four directors, ratification of KPMG LLP as auditor, amendment to the 2011 Stock Incentive Plan, and advisory vote on executive compensation.

• Shareholders of record as of June 22, 2026, are eligible to vote; multiple classes of stock have different voting powers.

• Proxy materials are distributed both in print and online, with procedures for proxy voting, revocation, and confidentiality outlined.

Voting matters and shareholder proposals

• Four directors are nominated for election; voting is by plurality.

• Ratification of KPMG LLP as independent auditor for fiscal year ending June 30, 2026, is proposed.

• Amendment to the 2011 Stock Incentive Plan seeks to increase shares reserved for issuance by 260,000 and make other clarifications.

• Advisory, non-binding vote on executive compensation (say-on-pay) is included.

• Shareholder proposals for the next annual meeting must be submitted by February 22, 2027.

Board of directors and corporate governance

• Board consists of four nominees, with a mix of scientific, business, and industry expertise.

• All directors except the CEO are independent under NYSE and Nasdaq standards.

• Board committees include audit, compensation, and nominating/corporate governance, each composed of independent directors.

• Board leadership is separated between the Chairman and CEO roles.

• Code of corporate conduct and ethics applies to all directors, officers, and employees.