Company: FSHPU
Filing Date: 2025-11-12
Form Type: DEF 14A
Source: 0001829126-25-009060
Chunk: 23

Company: Flag Ship Acquisition Corp
Filing Date: 2025-11-12
Form: DEF 14A
Chunk 23
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 are filed through Electronic Data Gathering, Analysis and Retrieval
(known as “EDGAR”) system and are publicly available on the SEC’s website at http://www.sec.gov. We will provide without charge to you, upon written or oral request, a copy of the
reports and other information filed with the SEC.

Any requests for copies of information, reports or other filings with the SEC should
be directed to Flag Ship Acquisition Corporation, 26 Broadway, Suite 934, New York, New York 10004, Attn: Investor Relations.

<div align='center'>20

Flag Ship Acquisition Corporation

26 Broadway, Suite 934
New York, NY 10006

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
To Be Held at 10 a.m., Eastern United States Time on December 18, 2025
(Record Date — November 12, 2025)

THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</div>

The undersigned hereby appoints Matthew Chen, as the proxy of the undersigned, with full power to appoint his substitute, and hereby authorizes him to represent and to vote all the ordinary shares of Flag Ship Acquisition Corporation, which the undersigned is entitled to vote, as specified below on this card, at the Annual Meeting of Shareholders of Flag Ship Acquisition Corporation, on December 18, 2025, at 10:00 am Eastern United States Time (the “Annual Meeting”) in person at Flag Ship Acquisition Corporation’s legal counsel offices located at 45 Broadway, Floor 17, New York, NY 10006.

THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED IN ACCORDANCE WITH THE RECOMMENDATION OF THE BOARD OF DIRECTORS FOR EACH OF THE PROPOSALS.

This proxy authorizes the above designated proxy to vote in his discretion on such other business as may properly come before the meeting or any adjournments or postponements thereof to the extent authorized by Rule 14a-4(c) promulgated under the Securities Exchange Act of 1934, as amended.

<div align='center'>THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT YOU VOTE “ FOR ALL”
FOR PROPOSAL 1 AND “ FOR” FOR PROPOSALS