Company: DJTWW
Filing Date: 2025-02-21
Form Type: PRE 14A
Source: 0001140361-25-005487
Chunk: 61

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-21
Form: PRE 14A
Chunk 61
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 Florida Company stock certificates. Stockholders should not destroy any stock certificate(s) and should not submit any certificate(s) to us or our transfer agent unless and until requested to do so. No Appraisal or Dissenter’s Rights The Reincorporation will be conducted as a conversion of the Company from a Delaware corporation to a Florida corporation. Under the DGCL, our stockholders are not entitled to dissenter’s or appraisal rights with respect to the Reincorporation or the Reincorporation Proposal. Required Vote Approval and adoption of the Reincorporation Proposal requires the affirmative vote of the holders of a majority of the outstanding common stock entitled to vote on the Reincorporation Proposal. THE BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR” THE REINCORPORATION PROPOSAL . 46

TABLE OF CONTENTS

PROPOSAL 3 Our Board has approved, and recommends that the stockholders approve, an amendment and restatement of the Digital World Acquisition Corp. 2024 Equity Incentive Plan (as amended and restated, the “ A&R Plan”), subject to stockholder approval. The changes implemented by the A&R Plan to the 2024 Plan are as follows:

| • | The A&R Plan increases the share pool limit effective as of 2026 by authorizing the inclusion of an Evergreen Provision (the “Evergreen Provision”) that automatically increases the then available share pool each January 1 commencing 2026 through 2034 by an amount equal to 5% of the total number of shares of common stock outstanding as of December 31 each year. |

| • | The name of the 2024 Plan has been updated to the “Trump Media & Technology Group Corp. 2024 Equity Incentive Plan” due to the Company’s corporate reorganization effective as of the Closing. |

The Evergreen Provision allows for the replenishment of the share pool without the requirement for the Company to submit a proposal to stockholders to increase the size of the share pool each year. If this Proposal is approved, based upon the number of shares outstanding as of February 12, 2025 it is estimated that approximately 11,003,268 shares would be added to the A&R Plan (assuming that the number of outstanding shares remained the same). The material features of the 2024 Plan and A&R Plan are described below. If approved by the Company’s stockholders, the A&R Plan will become effective on the date of such approval