Sharps Technology (STSS) Status Update summary

Meeting overview

• Special meeting of stockholders called to order on March 28, 2025, at 10:00 A.M. Eastern Time.

• Board members and key executives, including the CEO, CFO, and company founder, were introduced.

• Inspector of election appointed and formalities for quorum and voting confirmed.

Quorum and voting details

• January 29, 2025, set as the record date for voting eligibility.

• 11,077,997 shares outstanding; 4,334,176 votes represented, equating to 39.12% voting power.

• Quorum established, exceeding the 33% threshold required to transact business.

Proposals presented

• Proposal to authorize a reverse stock split at a ratio between 1-for-3 and 1-for-11 to regain NASDAQ compliance.

• Proposal to authorize issuance of warrants and underlying shares related to a recent securities offering.

• Proposal to approve adjournment of the meeting if more time is needed to solicit votes for the above proposals.