Shadowfax Shareholders Approve ESOP Plan Amendments

Shadowfax shareholders passed two special resolutions via postal ballot to amend and extend the company's 2016 Employee Stock Option Plan.
Resolution 1, amending the SFX ESOP 2016, passed with 88.48% votes in favor from a 69.70% voter turnout.
Resolution 2, extending ESOP benefits to subsidiary employees, passed with 88.48% votes in favor from a 69.70% voter turnout.
The e-voting process was conducted from April 8 to May 7, 2026, and scrutinized by BMP & Co. LLP.