Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 73

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 73
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. Notice relating to
the conduct of such business at an annual meeting must contain certain information as described in our restated bylaws, which are available
for inspection by shareholders at our principal executive offices pursuant to Section 302A.441, subd. 4 of the Minnesota Statutes. Nothing
in our restated bylaws precludes discussion by any shareholder of any business properly brought before the annual meeting in accordance
with the restated bylaws.

Shareholder Nominations

Our restated bylaws provide that a notice of proposed
shareholder nominations for the election of directors must be timely given in writing to our Secretary prior to the meeting at which directors
are to be elected. To be timely, the notice must be given by the shareholder to our Secretary not less than 45 days or more than 75 days
prior to a meeting date corresponding to the previous year’s annual meeting. The notice to us from a shareholder who intends to
nominate a person at the meeting for election as a director must contain certain information as described in our restated bylaws, which
are available for inspection by shareholders as described above. If the presiding officer of a meeting of shareholders determines that
a person was not nominated in accordance with the foregoing procedure, that person will not be eligible for election as a director.

Shareholder Meetings

Under our restated bylaws, regular meetings of
our shareholders may be called only by our board of directors, or by written consent of all the shareholders entitled to vote at the annual
meeting. If the board fails to designate a time for a regular meeting for any consecutive period of 15 months, the board must cause such
regular meeting to be called within 90 days of receipt of the written demand of any shareholder owning one percent or more of all voting
shares of the corporation

Under our restated bylaws, special meetings of
our shareholders may be called by the chief executive officer, the chief financial officer, any two or more directors, or upon request
by shareholders holding ten percent or more of the voting power of the shareholders.

Voting Percentage Approval Required for Designated Actions

In addition to any affirmative vote required by
law or our amended and restated articles of incorporation, the following actions require the affirmative vote of not less than two-thirds
of the votes entitled to be cast by the holders of all then outstanding shares of voting stock, voting together as a single class:

| (a) | any sale, lease, mortgage, pledge, transfer, exchange or other