NextPlat (NXPL) EGM 2026 summary

Opening remarks and agenda

• CEO welcomed shareholders and outlined the purpose of the meeting, focusing on a proposed amendment to allow reverse stock splits at the board's discretion before March 27, 2028.

• Introduced key executives present and described the meeting's structure, including the absence of a Q&A session.

Specific resolutions to be voted on

• Proposal to amend articles of incorporation to permit one or more reverse stock splits at a ratio between 1-for-5 and 1-for-50, not exceeding an aggregate of 1-for-50, at the board's discretion.

• Authorization to adjourn the meeting if more time was needed to solicit proxies for proposal one.

Corporate governance

• Notice of the meeting, proxy statement, and proxy were distributed to all stockholders of record.

• Quorum was confirmed with a majority of voting interest represented in person or by proxy.

• Inspector of Elections appointed to oversee and certify the voting process.