Company: SUNE
Filing Date: 2025-11-12
Form Type: PRE 14A
Source: 0001140361-25-041549
Chunk: 3

Company: SUNation Energy, Inc.
Filing Date: 2025-11-12
Form: PRE 14A
Chunk 3
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 Participants should ensure that they have a strong internet connection wherever they intend to participate in the Annual Meeting. Participants should also give themselves plenty of time to log in and ensure that they can hear streaming audio prior to the start of the Annual Meeting. We recommend that you log in at least ten minutes before the Annual Meeting. What is the purpose of the meeting? At our Annual Meeting, shareholders will act upon the matters disclosed in the notice of 2025 Annual Meeting of Shareholders that accompanies this proxy statement. These include:

| 1. | To vote for the election of Roger H.D. Lacey (the “Nominee”) to serve as the Class I director on the board of directors of the Company (the “Board”) for a period of three years from the date of such election; |

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| 3. | To approve amendments to the SUNation Energy, Inc. 2022 Equity Incentive Plan (formerly known as the Pineapple Energy Inc. 2022 Equity Incentive Plan) to increase the number of shares of stock reserved for issuance, the number of shares that can be issued as incentive stock options, and to implement an evergreen provision for the purpose of increasing the number of shares of stock reserved for issuance automatically on the first trading day of each calendar year beginning with calendar year 2026 through and including the first trading day of calendar year 2032 by up to 5.0% of the total number of shares of our stock outstanding on December 31 of the immediately preceding calendar year; and |

| 4. | To approve one or more adjournments of the Annual Meeting to a later date or dates to solicit additional proxies if there are insufficient votes to approve any of the proposals at the time of the Annual Meeting. |

How does the Board recommend that I vote? The Board of Directors named in this proxy statement recommends a vote:

| • | FOR the Election of Class I Director Proposal; |

| • | FOR the Auditor Ratification Proposal; |

| • | FOR the 2022 Equity Incentive Plan Amendment Proposal; |

| • | FOR the Adjournment Proposal; and |

| • | To transact any other business that may properly come before the meeting. |

Who is entitled to vote at the meeting? If you were a shareholder of record at the close of business on November 12, 2025 (the “record date”), you are entitled to vote at the meeting. As of the record date, 3,406