ECD Automotive Design (ECDA) Proxy Filing summary

Executive summary

• Special Meeting of Stockholders scheduled for January 12, 2026, at 11:00 A.M. Eastern Time.

• Letter provides corrective disclosures to the previously filed definitive proxy statement.

• Stockholders are encouraged to read the proxy materials carefully before voting.

Voting matters and shareholder proposals

• Each of the 6,876,873 outstanding shares of Common Stock is entitled to one vote at the meeting.

• Quorum is established by the presence of holders of 2,292,291 shares, either in person or by proxy.

• No cumulative voting is permitted; broker non-votes and abstentions count toward quorum.

Shareholder rights and capital structure

• Only Common Stockholders of record are entitled to vote at the Special Meeting.

• Each share of Common Stock carries one vote; no cumulative voting rights exist.