Company: FORA
Filing Date: 2025-12-04
Form Type: PRE 14A
Source: 0001140361-25-044359
Chunk: 53

Company: Forian Inc.
Filing Date: 2025-12-04
Form: PRE 14A
Chunk 53
---
#### Appendix A

#### Redomiciliation Resolutions

### RESOLUTIONS OF

### THE BOARD OF DIRECTORS OF

#### FORIAN INC.

#### November 21, 2025

### MARYLAND CONVERSION
WHEREAS , on August 25, 2025, a consortium, led by Max Wygod, the Chief Executive Officer and Executive Chair of the Company (the “ Consortium”), submitted a non-binding proposal to the Board of Directors (the “ Board”) of Forian Inc., a Delaware corporation (the “ Company”), to acquire all of the outstanding shares of common stock, par value $0.001 per share, of the Company (“ Common Stock”) not currently owned by the Consortium, for $2.10 per share in cash (the “ Proposal”);

WHEREAS , the Board established a special committee of the Board consisting entirely of disinterested and independent directors to be named to the Special Committee (the “ Committee”) and appointed each of Ian G. Banwell and Alyssa F. Varadhan to serve on the Committee;

WHEREAS , the Board empowered the Committee to, among other things, evaluate the Proposal and consider strategic alternatives to the Company, including but not limited to, the transaction set forth in the Proposal (each such strategic alternative, a “ Potential Transaction”) and take such actions, or recommend such actions to the Board, as the Committee may deem to be advisable or appropriate in connection with antitakeover provisions, including, without limitation, actions with respect to the adoption, amendment, or redemption of a stockholder rights plan and the approval of a transaction for purposes of Section 203 (“ Section 203”) of the General Corporation Law of the State of Delaware (the “ DGCL”);

WHEREAS , the Board has received and reviewed, drafts of the proposed plan of conversion (the “ Plan of Conversion”), in substantially the form attached hereto as Schedule I, the proposed Maryland articles of incorporation (the “ Articles of Incorporation”), substantially in the form attached to the Plan of Conversion as Exhibit Athereto, and the proposed Maryland bylaws (the “ Bylaws” and, together with the Plan of Conversion and the Articles of Incorporation, the “ Conversion Documents”), substantially in the form attached to the Plan of Conversion as Exhibit Bthereto, all of which have been reviewed and approved by the Committee;

WHEREAS , the Plan of Conversion provides, among other things, that the Company will convert from a Delaware corporation to a Maryland corporation to be named “Forian Inc.” (the