Accuray (ARAY) Proxy filing summary

Executive summary

• Special meeting scheduled for October 6, 2026, to consider a reverse stock split and related amendments.

• Amendment corrects prior proxy statement to clarify proportional reduction in authorized shares.

• Board retains discretion to implement or abandon the reverse stock split within one year of approval.

Voting matters and shareholder proposals

• Shareholders to vote on amending the Certificate of Incorporation to effect a reverse stock split at a ratio between 1-for-15 and 1-for-40.

• Proposal includes a corresponding decrease in authorized common shares and total capital stock.

• Board may select the specific split ratio and is not obligated to proceed even if approved.

Board of directors and corporate governance

• Board unanimously recommends approval of the reverse stock split and related amendments.

• Board will determine the exact split ratio and file the amendment if deemed in the best interests of the company and shareholders.