Company: FWDI
Filing Date: 2025-06-20
Form Type: DEF 14A
Source: 0001683168-25-004653
Chunk: 90

Company: Forward Industries, Inc.
Filing Date: 2025-06-20
Form: DEF 14A
Chunk 90
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 the amendment, unless otherwise
provided in the Articles of Incorporation.

Section 2.12. VOTING BY PROXY. A stockholder
may vote either in person or by proxy executed in writing by the stockholder or the stockholder’s attorney-in-fact. Any copy, communication
by electronic transmission, or other reliable written reproduction may be substituted for the stockholder’s original written proxy
for any purpose for which the original proxy could have been used if such copy, communication by electronic transmission, or other reproduction
is a complete reproduction of the entire original written proxy.

No proxy shall be valid after six months from
the date of its creation unless the proxy specifies its duration, which may not exceed seven years from the date of its creation. A proxy
shall be revocable unless the proxy states that the proxy is irrevocable and the proxy is coupled with an interest sufficient to support
an irrevocable power.

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A properly created proxy or proxies continues
in full force and effect until either of the following occurs:

(a) One of the following is
filed with or transmitted to the Secretary of the Company or another person or persons appointed by the Company to count the votes of
the stockholders and determine the validity of proxies and ballots: (i) another instrument or transmission properly revoking the proxy;
or (ii) a properly created proxy or proxies bearing a later date.

(b) The stockholder executing
the original written proxy revokes the proxy by attending a stockholders’ meeting and voting its shares in person, in which case
any votes cast by that stockholder’s previously designated proxy or proxies shall be disregarded by the Company when the votes are
counted.

Section 2.13. ACTION BY STOCKHOLDERS WITHOUT A MEETING. Any action required or permitted by the Nevada Corporations Act to be taken at a meeting of stockholders may be taken without
a meeting if, before or after the action, a written consent to the action is signed by stockholders holding a majority of the voting power
of the Company or, if different, the proportion of voting power required to take the action at a meeting of stockholders.

<div align='center'>ARTICLE III: DIRECTORS</div>

Section 3.1. POWERS. The business and affairs
of the Company shall be managed under the direction of the Board of Directors. Directors must be natural persons at least 18 years of
age and need not be stockholders of the