Company: FWDI
Filing Date: 2025-08-06
Form Type: PRE 14A
Source: 0001683168-25-005714
Chunk: 8

Company: Forward Industries, Inc.
Filing Date: 2025-08-06
Form: PRE 14A
Chunk 8
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holders wishes to continue receiving individual copies. This procedure will reduce our printing costs and postage fees. Shareholders
who participate in householding will continue to receive separate proxy cards.

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If you are eligible for householding,
but you and other record holders with whom you share an address, receive multiple copies of these proxy materials, or if you hold Forward
stock in more than one account, and in either case you wish to receive only a single copy of each of these documents for your household,
please contact our Corporate Secretary at: Forward Industries, Inc., 700 Veterans Memorial Highway, Suite 100, Hauppauge, New York 11788
or (631) 547-3041.

If you participate in householding
and wish to receive a separate copy of these proxy materials, or if you do not wish to continue to participate in householding and prefer
to receive separate copies of these documents in the future, please contact our Corporate Secretary as indicated above. Beneficial owners
can request information about householding from their brokers, banks or other holders of record.

Do I Have Dissenters’ (Appraisal) Rights?

Appraisal rights are not available
to Forward shareholders with any of the proposals brought before the Special Meeting.

Interest of Officers and Directors in Matters to Be Acted Upon

None of the officers or directors
have any interest in any of the matters to be acted upon at the Special Meeting.

<div align='center'>YOUR VOTE IS IMPORTANT</div>

Please vote your proxy promptly
so your shares can be represented, even if you plan to attend the virtual Special Meeting. You can vote by Internet, by telephone, or
by using the enclosed proxy card.

Our proxy tabulator,
Broadridge Financial Solutions, must receive any proxy that will not be voted at the Special Meeting by 11:59 p.m. Eastern Time on
September 3, 2025.

The Board unanimously recommends that shareholders vote “FOR” Proposals 1, 2 AND 3.

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<div align='center'>PROPOSAL 1. AUTHORIZED SHARES INCREASE</div>

Overview

On August 6,
2025, the Board unanimously approved, subject to shareholder approval, an amendment to our Certificate of Incorporation to increase
the Company’s authorized shares of common stock from 40,000,000 to 300,000,000 shares. The form of the proposed Certificate of
Amendment effecting the amendment is attached to this Proxy Statement as .

The Company