Singularity Future Technology (SGLY) Proxy filing summary

Executive summary

• Special Meeting called to approve four key proposals: new share issuance, amended warrants, company name change, and a reverse stock split.

• Shareholders of record as of the set date in 2026 are eligible to vote in person or by proxy.

• Board recommends voting in favor of all proposals, citing commercial and compliance interests.

• Forward-looking statements caution that actual results may differ due to market and regulatory uncertainties.

Voting matters and shareholder proposals

• Proposal 1: Approve issuance of 21,520,803 shares to non-U.S. investors for ~$30 million via private placement.

• Proposal 2: Approve issuance of 6,897,636 amended warrants at $0.001 per share, exercisable for five years.

• Proposal 3: Approve changing the company name to "Compower Ltd." to align with business direction.

• Proposal 4: Approve a reverse stock split at a ratio of 1-for-5, 1-for-10, or 1-for-20, with rounding up of fractional shares.

• All proposals require a majority vote of shares present or represented by proxy; abstentions count as votes against.

Board of directors and corporate governance

• Board has discretionary authority to implement or abandon the reverse stock split within one year of approval.

• Board believes the reverse split is necessary to maintain NASDAQ listing and improve stock liquidity.

• No director or executive officer has a unique interest in the reverse split beyond that of all shareholders.