Kandal M Venture answers shareholder questions ahead of Sept. 22 EGM

• Proxy Q&A ahead of the Sept. 22, 2026 extraordinary general meeting, centered on a proposed 1-for-40 share consolidation.
• Key item: consolidate every 40 Class A and Class B ordinary shares into 1 share, effective Oct. 13, 2026.
• Stated rationale: lift the Class A share price to regain compliance with Nasdaq’s $1 minimum bid rule by Dec. 21, 2026.
• Voting eligibility: holders of record as of Aug. 27, 2026; 15,300,000 Class A shares and 3,000,000 Class B shares outstanding.
• Voting power: Class A carries 1 vote per share; Class B carries 20 votes per share.
• Approval threshold: simple majority of votes cast, assuming a quorum; abstentions and broker non-votes do not count as votes cast.
• Fractional-share handling: no fractions issued; any fraction from the consolidation rounded up to a whole share where permitted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kandal M Venture Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-097658), on September 04, 2026, and is solely responsible for the information contained therein.