Accuray (ARAY) EGM 2026 summary

Opening remarks and agenda

• Virtual meeting convened to support stockholder participation; formal business and proposals preceded the Q&A session.

• A quorum was confirmed, the polls opened, and stockholders were given the opportunity to vote or change their votes remotely.

Specific resolutions to be voted on

• Approve, subject to conditions, common-stock issuance under Nasdaq Listing Rule 5635 upon conversion of Series A preferred stock tied to the July 29, 2026 securities purchase agreement with existing investors.

• Amend the certificate of incorporation to increase authorized common shares from 200 million to 400 million, enabling issuance of shares upon Series A preferred conversion.

• Authorize a board-discretionary reverse split at a ratio from 1-for-15 to 1-for-40, exercisable within one year of the meeting without further stockholder approval.

Corporate governance

• Broadridge Financial Solutions representative Chris Viacco served as Inspector of Election; proxy materials were mailed to stockholders of record as of August 21, 2026.