Company: FWDI
Filing Date: 2025-06-10
Form Type: PRE 14A
Source: 0001683168-25-004370
Chunk: 5

Company: Forward Industries, Inc.
Filing Date: 2025-06-10
Form: PRE 14A
Chunk 5
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 shares are registered
in your name with our transfer agent, Equiniti Trust Company, LLC, you are the “record holder” of those shares. If you are
a record holder, these proxy materials have been provided directly to you by Forward.

If your shares are held in
a stock brokerage account, a bank or other holder of record, you are considered the “beneficial owner” of those shares held
in “street name.” If your shares are held in street name, these proxy materials have been forwarded to you by that organization.
As the beneficial owner, you have the right to instruct that organization on how to vote your shares.

Who May Attend the Virtual Meeting?

Record holders and beneficial
owners may attend the Annual Meeting. If you are the beneficial owner of shares held in street name, you should refer to the voting instructions
provided by your brokerage firm, bank, or other holder of record. Beneficial owners may also attend and vote online during the Annual
Meeting. We encourage you to vote your proxy by Internet, by phone or by mail prior to the meeting, even if you plan to attend the virtual Annual Meeting.

| 1 |

How Do I Vote?

Record Holder

| 1. | Vote by Internet. The website address for Internet voting is on your proxy card. |

| 2. | Vote by phone. Call 1 (800) 690-6903 and follow the instructions. |

| 3. | Vote by mail. Mark, date, sign and promptly mail the enclosed proxy card (a postage-paid envelope is provided for mailing in the United States). |

| 4. | Vote during the meeting. Visit www.virtualshareholdermeeting.com/FWD2025 and follow the instructions provided on the website. |

If you vote by Internet or phone, please
DO NOT mail your proxy card.

Beneficial Owner (Holding Shares in Street Name)

| 1. | Vote by Internet. The website address for Internet voting is on your voting instruction form. |

| 2. | Vote by phone. Call 1 (800) 690-6903 and follow the instructions. |

| 3. | Vote by mail. Mark, date, sign and promptly mail the enclosed voting instruction form (a postage-paid envelope is provided for mailing in the United States). |

| 4. | Vote during the meeting. Visit www.virtualshareholdermeeting.com/FWD2025 and follow the instructions provided on the website. |

What Constitutes a Quorum?

To carry