Plug Power (PLUG) EGM 2026 summary

Opening remarks and agenda

• The meeting opened with instructions for participation and a reminder of the Q&A session format.

• Forward-looking statements were highlighted, with caution regarding reliance on projections.

Specific resolutions to be voted on

• Proposal 2 seeks an increase in authorized shares, with a distinction between voting yes (only increase) and no (increase plus reverse stock split).

• The need for additional shares is tied to contractual obligations from recent warrant and convertible deals.

• If Proposal 2 fails, a reverse stock split will be required, with ratios discussed (1:5 or 1:10).

Shareholder proposals specific to EGM

• Shareholders were urged to vote, with emphasis on the impact of abstaining or voting no.

• European and Asian shareholders face voting challenges due to broker and custodial issues.