Twin Vee PowerCats (VEEE) investor relations material

Executive summary

• Special Meeting scheduled for September 8, 2026, to address key corporate actions, including ratification of a reverse stock split, a corporate name change, and potential adjournment to solicit additional proxies.

• Board recommends voting in favor of all proposals to resolve legal uncertainties and align corporate identity with recent acquisitions.

• Failure to ratify the reverse stock split could expose the company to legal claims, impact strategic transactions, and potentially lead to bankruptcy.

• Proxy materials distributed on August 17, 2026, with voting available by mail, phone, or online.

Voting matters and shareholder proposals

• Proposal 1: Ratification of a 1-for-37 reverse stock split, correcting prior procedural defects under Delaware law.

• Proposal 2: Amendment to change the company name to Twin Vee Bahama Co. to reflect the acquisition of Bahama Boat Works.

• Proposal 3: Adjournment of the meeting if more votes are needed for Proposals 1 or 2.

• Board unanimously recommends voting FOR all proposals.

Board of directors and corporate governance

• Board acted to correct prior defective reincorporation and stock split filings, restoring Delaware corporate status.

• Bylaws amended to reduce quorum for stockholder meetings from a majority to one-third of outstanding shares.

• Board sought stockholder approval for the name change as a governance best practice, though not legally required.