- **EZGO Technologies Ltd.** will hold an extraordinary meeting of shareholders on **November 3, 2025**, to vote on proposals related to its share structure.  **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:0]** **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:2]** 
- Shareholders will vote on **Proposal One** to increase the maximum number of authorized Preferred Shares from 10,000 to **10,000,000**.  **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:0]** **[1806904_0001213900-25-098146_ea026075001ex99-2_ezgotech.htm:1]** **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:5]** 
- **Proposal Two** seeks approval for an amendment to the Company's memorandum and articles of association, which would establish a **Super Voting Share Structure** assigning **20 votes per Preferred Share** compared to one vote per Ordinary Share.  **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:0]** **[1806904_0001213900-25-098146_ea026075001ex99-2_ezgotech.htm:1]** **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:6]** 
- If approved, these proposals will concentrate voting power with the holders of Preferred Shares, potentially limiting the ability of Ordinary Shareholders to influence important transactions and having a dilutive effect on their voting power and interest.  **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:0]** **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:1]** **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:5]** **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:6]** **[1806904_0001213900-25-098146_ea026075001ex99-1_ezgotech.htm:7]**

EZGO Technologies Ltd. to hold shareholder meeting on proposed super voting share structure and increased authorized shares

- On **October 1, 2025**, EZGO Technologies Ltd. adopted the **October 2025 Equity Incentive Plan**.  **[1806904_0001213900-25-096122_ea0260057-6k_ezgotech.htm:0]** 
- On **October 2, 2025**, the company issued **3,400,000 ordinary shares** with a par value of **US$0.04 each** under this plan.  **[1806904_0001213900-25-096122_ea0260057-6k_ezgotech.htm:0]** 
- These shares were issued to **WXYZ Group Ltd.**, an entity 100% owned by **Mr. Jianhui Ye**, the Chief Executive Officer and a director of the company, as **compensation for his continued service**.  **[1806904_0001213900-25-096122_ea0260057-6k_ezgotech.htm:0]**

EZGO Technologies Ltd. adopts equity incentive plan and issues shares to CEO

- EZGO Technologies Ltd. entered into a warrant exchange agreement on **August 27, 2025**, with certain holders to cancel **5,389,126** existing warrants that were issued in September 2023.  **[1806904_0001213900-25-081417_ea025487601ex10-1_ezgo.htm:0]** **[1806904_0001213900-25-081417_ea0254876-6k_ezgo.htm:1]** 
- In exchange for the cancelled warrants, the company will issue an aggregate of **1,246,000 Ordinary Shares** and **10,879,534 pre-funded warrants**, each exercisable for one Ordinary Share.  **[1806904_0001213900-25-081417_ea0254876-6k_ezgo.htm:1]** 
- The exchange ratio dictates that the aggregate number of new shares and pre-funded warrants received by holders will equal **2.25 times** the number of Ordinary Shares underlying their cancelled existing warrants.  **[1806904_0001213900-25-081417_ea025487601ex10-1_ezgo.htm:0]** 
- The newly issued pre-funded warrants have an exercise price of **$0.04 per share**, are immediately exercisable, and are valid for **six months** from their issuance date.  **[1806904_0001213900-25-081417_ea0254876-6k_ezgo.htm:1]** **[1806904_0001213900-25-081417_ea025487601ex4-1_ezgo.htm:2]** 
- The company has agreed to issue these new securities within **one trading day** of the agreement's execution.  **[1806904_0001213900-25-081417_ea0254876-6k_ezgo.htm:1]**

EZGO Technologies (EZGO)