Company: FWDI
Filing Date: 2025-06-10
Form Type: PRE 14A
Source: 0001683168-25-004370
Chunk: 66

Company: Forward Industries, Inc.
Filing Date: 2025-06-10
Form: PRE 14A
Chunk 66
---
�    AGAINST ¨    ABSTAIN ¨ |            |
| 6. To approve one or more adjournments of the Annual Meeting, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes at the time of the Annual Meeting to approve any of the proposals presented for a vote at the Annual Meeting. |       |            |               | FOR ¨    AGAINST ¨    ABSTAIN ¨ |            |

Control ID:

Proxy ID:

Password:

| 51 |

<div align='center'>FORWARD INDUSTRIES, INC.

Preferred Shareholders

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS

ANNUAL MEETING OF SHAREHOLDERS – AUGUST 8,
2025 AT 10:00 AM</div>

| VOTING INSTRUCTIONS                                                   |           |                                                                                                                                             |
| If you vote by phone or internet, please DO NOT mail your proxy card. |           |                                                                                                                                             |
|                                                                       | MAIL:     | Please mark, sign, date, and return this Proxy Card promptly using the enclosed envelope.                                                   |
|                                                                       | PHONE:    | Call 1 (800) 690-6903                                                                                                                       |
|                                                                       | INTERNET: | https://www.proxyvote.com                                                                                                                   |
|                                                                       |           | Before the Meeting – Go to www.proxyvote.com.                                                                                               
 Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 p.m. Eastern Time on August 
 7, 2025 (the day before the Annual Meeting). Have your proxy card in hand when you access the web site and follow the instructions to       
 obtain your records and to create an electronic voting instruction form.                                                                    
 During the Meeting – Go to www.virtualshareholdermeeting.com/FWD2025.                                                                       
 You may attend the meeting via the Internet and vote during the meeting. Have the information that is printed in the box marked by the      
 arrow available and follow instructions                                                                                                     |

Control ID:

Proxy ID:

Password:

| MARK “X” HERE IF YOU PLAN TO ATTEND THE MEETING: ¨                                                                                            |
| MARK HERE FOR ADDRESS CHANGE ¨ New Address                                                                                                    
 (if applicable):                                                                                                                              
 ____________________________                                                                                                                  
 ____________________________                                                                                                                  
 ____________________________                                                                                                                  
 IMPORTANT: Please sign exactly as your                                                                                                        
 name or names appear on this Proxy. When shares are held jointly, each holder should sign. When signing as executor, administrator