- iOThree Limited will hold an Extraordinary General Meeting on **October 10, 2025**, to vote on three proposals, including a **capital restructuring** and a **share consolidation**.  **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:0]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:1]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:2]** 
- **Proposal 1** involves a **capital restructuring** to increase authorized share capital from **US$500,000.00** to **US$5,000,000.00**, introducing **Class A Shares** with **50 votes per share** to enhance founder control, and **Preferred Shares** for future flexibility.  **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:0]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:2]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:5]** 
- **Proposal 2** seeks approval for a **share consolidation** (reverse stock split) at a ratio between **one-for-two and one-for-twenty** to regain compliance with Nasdaq's **US$1.00 minimum bid price rule** by **December 1, 2025**.  **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:0]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:2]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:6]** 
- The **Board unanimously recommends a vote FOR** all proposals, including the adoption of the **Second Amended and Restated Memorandum and Articles of Association (Proposal 3)**, which is a prerequisite for the capital restructuring.  **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:3]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:6]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:9]** **[1997637_0001213900-25-087397_ea025687201ex99-1_iothree.htm:10]**

iOThree (IOTR)