LITS · Lite Strategy, Inc.

Summary

At the Annual Meeting on February 12, 2026, stockholders elected two directors, approved executive compensation, ratified CBIZ CPAs as auditors, and approved the 2026 Omnibus Equity Compensation Plan. The Plan's approval satisfied the contingency for a grant of 455,000 replacement options to Mr. File.

Key takeaways

• Stockholders elected Mr. Justin J. File and Mr. Joshua Riezman as directors to serve until fiscal year 2029.
• The 2026 Omnibus Equity Compensation Plan was approved, authorizing an initial 2,000,000 shares plus shares rolling over from the 2008 Plan.
• Approval of the 2026 Equity Plan triggered the effectiveness of 455,000 replacement options granted to Mr. File.
• CBIZ CPAs was ratified as the independent auditor for the fiscal year ending June 30, 2026.
• Stockholders approved the advisory proposal on executive compensation (Say-on-Pay).