Emkay Approves Wealth Management Subsidiary Incorporation

Date: July 27, 2026

Board Meeting Outcomes

• The Board meeting was held on July 27, 2026, commencing at 4:00 PM and concluding at 5:30 PM
• The Board evaluated and deliberated upon the new operational structure of the Company's Wealth Management vertical
• The Board approved the incorporation of a wholly owned subsidiary of the Company to house the wealth management vertical
• The new structure is expected to enhance operational focus and provide greater strategic flexibility to the Company