Fold (FLD) EGM 2026 summary

Opening remarks and agenda

• Virtual special meeting called to order at 12:00 p.m. ET on Oct. 22, 2026; business was scheduled before stakeholder questions.

Specific resolutions to be voted on

• Proposal 1 sought approval for a reverse split of issued and outstanding common shares at a ratio from 1-for-20 to 1-for-50; the board would decide whether to proceed, and the final ratio and timing, after approval.

• Proposal 2 sought approval to adjourn the meeting to solicit additional proxies or votes if support for the reverse split was insufficient.

Board and executive committee updates

• Directors identified: Bracebridge Young Jr. and Dr. Andrew Hohns, Class One; Dr. Jonathan Kirkwood and Will Reeves, Class Two; Erez Simha, Lesley Goldwasser, and Kirstin Hill, Class Three.