Company: FWDI
Filing Date: 2025-07-30
Form Type: DEFA14A
Source: 0001683168-25-005516
Chunk: 1

Company: Forward Industries, Inc.
Filing Date: 2025-07-30
Form: DEFA14A
Chunk 1
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 your vote is important, regardless of the number of shares you own.

Reincorporation

The Board of Directors recommends that shareholders
approve reincorporating the Company from New York to Nevada to position the Company for better corporate governance and more modern, flexible
corporate laws. We are pleased to announce that votes received to date have been in favor of the reincorporation. For the reincorporation
to proceed, we are required to obtain the affirmative vote of a majority of the outstanding shares entitled to vote in favor of the reincorporation,
so it is critical to maximize shareholder vote turnout.

Additional Information

In connection with the proposals, the Company
has filed with the SEC and has mailed or otherwise provided its shareholders with a proxy statement regarding all proposals. BEFORE MAKING
ANY VOTING DECISION, SHAREHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT IN ITS ENTIRETY BECAUSE IT CONTAINS IMPORTANT INFORMATION
ABOUT THE PROPOSALS. The proxy statement can be found on the SEC's EDGAR website and the Company’s website at www.forwardindustries.com/Investors/SEC-filings.

Record holders as of June 18, 2025 can vote their
shares in advance of the meeting at www.ProxyVote.com using the control number provided on their
proxy card or voting instruction form.

Investor Contact:

Michael Pruitt
Telephone: (704) 578-2238
Email: mp@avenelfinancial.com

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